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  • LONDON, Dec 1- Oil and gas firm BG Group has cut millions of pounds off the pay package for its incoming chief executive Helge Lund, bowing to pressure from shareholders in the biggest such revolt over executive pay in recent years. Britain's Business Secretary threw his weight behind disgruntled investors last week, urging the new chief executive's "excessive"...

  • RUSSIAN CENBANK MAY HAVE INTERVENED ON FX MARKET TO CURB ROUBLE LOSSES, CENBANK DECLINES TO COMMENT- TRADERS.

  • *Polish manufacturing unexpectedly hits 8- month high. WARSAW, Dec 1- Central European factory output accelerated in November, with rising domestic demand, relatively low debt and falling oil prices helping the region outperform the stagnating euro zone. Poland's manufacturing PMI rose to 53.2 last month, its highest level since March, from 51.2 in October,...

  • LONDON, Dec 1- "The market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism," Benjamin Graham and David Dodd wrote in their landmark work on "Security Analysis" in 1934.. Graham and Dodd became the founding fathers of fundamental analysis and had a huge influence on generations of fundamentally focused...

  • SCHILTACH/ BERLIN, Dec 1- German bathroom fittings maker Hansgrohe is a successful firm with a track record of global exports and an attractive profit-sharing scheme. The raft of firms named after their small-to-medium size kept Germany afloat throughout a global economic downturn and still have healthy order books. The working-age population of Germany-...

  • *DOLLAR FIRMS 6 PCT ON THE DAY AGAINST ROUBLE Monday, 1 Dec 2014 | 6:46 AM ET
  • UPDATE 5-Oil hits five-year low, floor unsure Monday, 1 Dec 2014 | 6:37 AM ET

    *Oil loses more than 10 pct since Thursday's OPEC meeting. *OPEC maintains stable output to counter U.S. shale oil boom. LONDON, Dec 1- Brent crude oil fell on Monday to a five-year low below $68 on Monday before recovering some of the losses as investors looked for a price floor after last week's OPEC decision not to cut production.

  • Euro zone companies come home as Asian costs rise Monday, 1 Dec 2014 | 6:37 AM ET

    *Some production returns to Europe as China wages rise. MILAN, Dec 1- After years of moving production to Asia, some European companies are following the example of their U.S. counterparts and coming home. But companies are tiptoeing back to their home regions, driven by rising salaries in China that are eating away at the profit margins that once lured them abroad.

  • LendingClub expects IPO to be priced at $10-$12/shr Monday, 1 Dec 2014 | 6:35 AM ET

    Dec 1- LendingClub Corp, the world's largest online marketplace directly connecting borrowers and investors, expects its initial public offering to be priced at $10- $12 per share. At the top end of the expected price range, the company will be valued at $4.33 billion and it will raise $692.4 million. LendingClub is offering 50 million shares, while selling...

  • *Japan's ability to hit debt-reduction goal uncertain-Moody's. TOKYO, Dec 1- Moody's Investors Service on Monday downgraded Japan's sovereign debt rating by one notch to A1, citing rising uncertainty over the country's ability to hit its debt-reduction goal. Tom Byrne, regional credit officer of Moody's, said the downgrade was closely linked to Abe's...

  • PARIS, Dec 1- Francois Hollande has about 100 days to deliver on reforms that have eluded past French leaders after the European Commission set a deadline for clearing barriers to growth in the euro zone's second largest economy. If changes are not made by March 2015, economy commissioner Pierre Moscovici-- French finance minister until eight months ago-- could...

  • LONDON/ SYDNEY, Dec 1- Manufacturing growth across Asia and Europe eased in November as heavy price cutting failed to revive demand, surveys showed on Monday, more evidence that a feeble global recovery may be grinding to a halt. Worryingly for policymakers at the European Central Bank, who are struggling to bolster growth and drive up dangerously low inflation,...

  • *China official PMI slips in November, below forecast. LONDON, Dec 1- Copper tumbled to its lowest in four-and-a-half years on Monday, hit by a plunge in oil prices to five-year lows and signs of slowing factory growth in Europe and top consumer China. The danger now is that weakness in Japan, China and Europe pull back recovery in the U.S., "said Fast Markets head of...

  • Supreme Court to consider Facebook threats case Monday, 1 Dec 2014 | 6:22 AM ET
    People wait to enter the U.S. Supreme Court, Nov. 10, 2014.

    The Supreme Court is weighing the free-speech rights of people who use violent or threatening language on Facebook and other social media.

  • MOSCOW, Dec 1- The rouble looked set for its steepest one-day fall since the Russian financial crisis of 1998 on Monday, plunging about 4 percent as oil prices slid below $70 a barrel and Russian assets nosedived across the board. Oil benchmark Brent futures were hovering just above a five-year low, at $69.6 per barrel, weighed down by weak manufacturing data from...

  • *Moody's cuts rating on Japan, sending yen sharply lower. LONDON, Dec 1- Gold rebounded sharply on Monday from the 2 percent losses it posted after Switzerland voted against a proposal to boost its gold reserves, as lower prices tempted fresh buyers and Moody's cut its rating on Japan. Gold slid as low as $1,142.91, before bouncing back in European trading hours.

  • TOKYO, Dec 1- Japanese Prime Minister Shinzo Abe needs to take more steps to meet the government's deficit-reduction targets, Tom Byrne, regional credit officer of Moody's Investors Service said on Monday. "A delay means there is more uncertainty about measures to reduce the deficit. His remarks came after Moody's downgraded Japan's sovereign debt rating by...

  • NICOSIA, Dec 1- Bailed-out Cyprus is expected to return to growth in 2015, while capital controls imposed during a chaotic bailout in 2013 could be completely dismantled soon, its central bank governor said on Monday. Cyprus slipped into recession in 2011. Data in November showed the economy shrinking by an annual 2.2 percent in the third quarter, from 2 percent...

  • *MOODY'S: BOJ'S QE HAS GREATER BENEFITS THAN COSTS Monday, 1 Dec 2014 | 5:35 AM ET
  • MOODY'S: DON'T SEE ANY RISKS TO JAPANESE GOVT DEBT MARKET AS LONG AS BOJ'S QE IS IN PLACE.