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  • FISCHER DOES NOT COMMENT ON MONETARY POLICY OR ECONOMIC OUTLOOK IN PREPARED REMARKS.

  • BRASILIA, Nov 4- A four-day strike reduced oil production at state-run oil company Petroleo Brasileiro SA by 8.5 percent or 178,000 barrels on Tuesday, the company said in a Wednesday securities filing.

  • SAO PAULO, Nov 4- Grupo BTG Pactual SA, Latin America's largest independent investment bank, posted third-quarter profit that beat estimates by a large margin after income from commodities sales and trading surged and the bank booked a hefty, one-off gain from tax credits. The São Paulo-based bank, controlled by billionaire financier André Esteves, earned...

  • These clubs are an extension of the $8.4 million ground campaign Airbnb organized ahead of Tuesday's election in San Francisco, which included an initiative to restrict short-term rentals. "We're going to use the momentum of what took place here to do what we did in San Francisco around the world," Chris Lehane, Airbnb's global policy chief who led the campaign,...

  • Nov 4- Big changes are coming to Whole Foods Market Inc as the natural and organic grocery pioneer revamps its pricing and modernizes its business to fend off widespread competition and bolster same-store sales, which unexpectedly fell in the latest quarter. In a call after the earnings release, Whole Foods executives laid out plans to shake the chain's...

  • "This is serious because it is happening in the midst of Brazil's worst economic crisis in decades and in the middle of Petrobras' worst crisis ever," said Adriano Pires, head of the Brazilian Infrastructure Institute, a Rio de Janeiro Energy research company. Members of Brazil's national oilworkers federation said on Wednesday that Petrobras was...

  • WASHINGTON, Nov 4- GlaxoSmithKline Plc won U.S. regulatory approval for its drug Nucala to treat severe asthma, the Food and Drug Administration said on Wednesday. Badrul Chowdhury, director of the FDA's pulmonary, allergy and rheumatology products division, said in a statement. Analysts on average expect the drug to generate annual sales of $756 million by...

  • TransCanada Corp's request to the State Department for a delay was seen by many as an attempt to postpone the decision until after President Barack Obama left office and a new president more friendly to the plan took over in 2017.. The White House declined to comment on the State Department's decision. "The secretary believes that, out of respect for that process...

  • *Cuts FY rev view to $620 mln- $628 mln from $630 mln- $645 mln. Nov 4- FireEye Inc cut its full-year revenue forecast as a clamp down by United States and China on cyber spying led to lower demand for the company's security products. Shares of FireEye, which also reported lower-than-expected third-quarter revenue on Wednesday, plunged 15 percent in extended trading,...

  • TORONTO, Nov 4- The rivalry between Canada's TMX Group Ltd and smaller rival Aequitas Innovations Inc is set to intensify as the two exchange operators race to create platforms for the buying and selling of some actively managed funds. The instruments however, can currently only be traded within the Invesco dealer network. One of the sources said Aequitas is...

  • FDA approves GSK's drug Nucala for severe asthma Wednesday, 4 Nov 2015 | 6:06 PM ET

    WASHINGTON, Nov 4- GlaxoSmithKline Plc won U.S. regulatory approval for its drug Nucala to treat severe asthma, the Food and Drug Administration said on Wednesday. Badrul Chowdhury, director of the FDA's pulmonary, allergy and rheumatology products division, said in a statement. About 26 million people in the United States suffer from asthma, GSK said, and up to 10...

  • Nov 4- Web-hosting company GoDaddy Inc reported a narrower-than-expected quarterly loss, helped by a jump in revenue in its international markets, and said it expected to be profitable in the fourth quarter. GoDaddy, which manages more than 61 million Internet domains- or about 20 percent of the world's total- has been investing heavily to expand into new...

  • SYDNEY, Nov 5- The dollar stood at three-month highs against a basket of major currencies on Thursday following a jump in U.S. In her first public comments since the Fed's meeting last week, Federal Reserve Chair Janet Yellen on Wednesday laid out what now appears the base case at the U.S. central bank- the country is ready for higher interest rates.

  • Nov 4- Qualcomm Inc forecast first-quarter profit way below analysts' expectations as the chipmaker struggles against fierce competition from Chinese and Taiwanese rivals, and faces delays in closing new licensing agreements in China. Qualcomm's agreements with two major Chinese customers are taking longer than anticipated, Chief Executive Steve...

  • LOS ANGELES, Nov 4- Corn refiners cannot "make stuff up" and claim that high fructose corn syrup is the equivalent of sugar, an attorney for big sugar processors said in court on Wednesday. Opening statements began in a lawsuit pitting sugar processors against major corn refiners including Archer Daniels Midland Co and Cargill Inc. The billion-dollar lawsuit...

  • NEW YORK, Nov 4- Renowned oil bull Andy Hall has acknowledged the reality of high and growing U.S. crude stockpiles but insists the market is still underpriced, as his hedge fund posted a slight gain in October from higher crude prices. Hall's Astenbeck Capital Management in Southport, Connecticut, gained 2.5 percent last month, matching October's gains in...

  • Nov 4- Marathon Oil Corp, on Wednesday reported a quarterly loss that topped Wall Street expectations, as low commodity prices prompted the a U.S. oil company with operations in Texas and Equatorial Guinea to write down the value of assets. "In an environment where we expect oil prices to remain low for a longer period of time, Marathon Oil continues to take strong...

  • SAN FRANCISCO, Nov 4- Facebook Inc posted a surprisingly strong 40.5 percent jump in quarterly revenue as new advertising services and its mobile app boosted ad sales at the world's largest social network. "As it matures they continue to prove they can not only effectively monetize businesses and advertising partners but they have products and services that...

  • CHICAGO, Nov 4- The United States needs a sleek new vehicle for workplace retirement saving- something that covers the millions of workers who do not have a 401 or traditional pension. But on Wednesday, the White House rolled out a kid's bike with training wheels instead, otherwise known as the myRA. In 2013, just 40 percent of U.S. households owned any type of...

  • RIO DE JANEIRO, Nov 4- Petrobras oil output in Brazil is holding steady at about 179,000 barrels a day below levels recorded before workers began a strike against the state-owned oil company on Sunday, a company source told Reuters on Wednesday. Production of oil is about 8.5 percent below pre-strike levels of about 2.1 million barrels a day, based on production...