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  • FBI'S DEMAREST SAYS' THERE IS NO DISCUSSION, ATTRIBUTION OF GOVERNMENT INVOLVEMENT' IN SONY HACK WHILE SPEAKING ON CYBER PANEL IN WASHINGTON.

  • MOSCOW, Dec 9- The rouble declined further on Tuesday as global oil prices hovered close to five-year lows, with mounting expectations the Russian central bank will raise interest rates on Thursday. The Russian central bank said on Tuesday it had spent $1.93 billion in currency market interventions last Friday, bringing last week's total to $4.53 billion,...

  • FBI ASSISTANT DIRECTOR DEMAREST SAYS' THERE IS NO ATTRIBUTION TO NORTH KOREA AT THIS POINT' IN SONY HACK.

  • Climate Investment Funds get $765 mln injection Tuesday, 9 Dec 2014 | 9:08 AM ET

    LIMA, Dec 9- The Climate Investment Funds, an institution that finances programs to cut greenhouse gas emissions, has received an injection of $765 million that increased CIF's total pledges to $8.3 billion, according to Mafalda Duarte, who manages the funds. The fresh money will help CIF expand to new countries and bridge gaps on financing on some of its current...

  • Dec 9- Canadian fund manager AGF Management Ltd said it planned to slash its quarterly dividend by 70 percent to 8 Canadian cents per share, the first cut since 1989.. The company said the planned dividend cut would be implemented from the first quarter of 2015.. The steep cut in dividend will help AGF renew its share buyback program next year and allocate capital...

  • Abercrombie CEO Michael Jeffries to retire Tuesday, 9 Dec 2014 | 9:03 AM ET

    Dec 9- Teen apparel retailer Abercrombie& Fitch Co said Chief Executive Michael Jeffries would retire effective immediately, and its shares rose 6.8 percent in premarket trading. The company said a team led by Arthur Martinez, who has been named executive chairman, would be responsible for managing day-to-day operations until a new CEO was appointed.

  • TORONTO, Dec 9- The Canadian government is set to unveil legislation to target the retail price gap between Canada and the United States, giving the country's competition watchdog new powers, the Globe and Mail reported on Tuesday, citing unnamed sources. Canada promised to give the Competition Bureau new powers to crack down on companies that unjustifiably...

  • As of Jan. 1, 2015, last-minute will mean by midnight the night before, or a penalty of one night's stay at Hilton Worldwide and Marriott International, which operate about 8,000 hotels. Some allow cancellations as late as 6 p.m. the night the reservation was to start and others require 24 hours or more notice in advance. At IHG hotels, which include InterContinental,...

  • LONDON, Dec 9- Rising demand led by the United States and tighter supplies will boost the diamond market in coming years, but challenges to growth will include access to financing and the need for increased marketing, consultancy Bain said on Tuesday. Rising demand in the United States, the top retail market for diamond jewelry, followed by China and India, will...

  • Nissan is recalling the vehicles from model years 2012 through 2015 because fuel pressure sensors may not have been sufficiently tightened during production. A Nissan spokesman said there have been no reports of accidents or injuries related to the issue. Of the affected vehicles, about 233,000 are in Japan, 143,000 in North America, 22,500 in Europe, and...

  • NEW YORK/ WINNIPEG, Dec 9- Valeant Pharmaceuticals International Inc is abandoning its growth-by-acquisitions strategy for the time being to try to reduce debt, boost its stock price and one day return to its traditional deal-making in a stronger position, people familiar with the matter told Reuters. Speculation about Valeant's next takeover target has...

  • Dec 9- Sumitomo Mitsui Financial Group Inc will announce as soon as next week that it will buy Citigroup Inc's Japanese consumer banking business, Bloomberg reported, citing people with knowledge of the matter. Reuters reported in November that four banks including SMFG unit Sumitomo Mitsui Banking Corp were expected to participate in the second round of...

  • LONDON, Dec 9- Brent crude oil hit a fresh five-year low on Tuesday before rebounding to near $67 a barrel, as some buyers emerged in the hope that prices are bottoming following a more than 40 percent slide since June. Brent crude for January delivery was up 46 cents at $66.65 a barrel by 1330 GMT after falling as low as $65.29, its weakest since September 2009.

  • BRASILIA, Dec 9- Brazil's top prosecutor Rodrigo Janot called on Tuesday for the punishment of everyone involved in a scheme to funnel kickbacks from contracts with state-run oil firm Petrobras to politicians. Janot's strongest comments so far on Brazil's latest corruption scandal were made as federal prosecutors prepare to indict 11 executives at six of...

  • UPDATE 1-Saks owner Hudson's Bay posts smaller loss Tuesday, 9 Dec 2014 | 8:39 AM ET

    Dec 9- Canadian department store operator Hudson's Bay Co posted a smaller quarterly loss, helped by higher same-store sales, its purchase of U.S. upscale retailer Saks Inc last year and lower acquisition-related finance costs. Same-store sales at the company's stores, including Hudson's Bay outlets and its U.S.-based Lord& Taylor chain, rose 1.7 percent in...

  • Portland sues to stop Uber online car service Tuesday, 9 Dec 2014 | 8:37 AM ET
    Uber app on a mobile phone

    Portland sued Uber to stop the fast-growing ride-hailing service from operating in the Oregon city until it follows local regulations.

  • NEW YORK, Dec 9- U.S. stock index futures declined on Tuesday, putting the S&P 500 on track to extend losses after suffering its biggest drop since Oct. 22 in the prior session on concerns about global growth. Oil prices have been under pressure as the dollar has strengthened and OPEC decided against an output cut. *U.S.-listed shares of Seadrill gained 3.1 percent to...

  • DETROIT, Dec 9- Hyundai Motor Co is recalling 42,925 sedans in the United States due to potentially faulty brake lights, according to documents filed with U.S. safety regulators. Hyundai is recalling certain 2009-2011 Genesis and 2011 Equus sedans because a circuit failure may lead to the brake lights not illuminating, according to documents filed with the...

  • US 30- YEAR TREASURY BOND YIELDS ROP TO 2.867 PERCENT, LOWEST SINCE OCT 16.

  • Dec 9- Texas- based electronics and home appliance retailer Conn's Inc reported a third-quarter loss and withdrew its 2015 profit forecast, sending its shares down as much as 40 percent in premarket trading. Shares of the company, which also said CFO Brian Taylor had resigned, were set to open at a more than two year-low on Tuesday. The company reported a net loss of...