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  • *EU executive likely to favour China and avoid retaliation. Commissioners from the bloc's 28 members will debate for the first time the politically sensitive issue of granting China "market economy status" from December, which Beijing says is its right 15 years after it joined the World Trade Organisation. A study by a group of 25 European manufacturing...

  • LONDON, Jan 7- Western European car sales rose 8.9 percent last year, according to industry data released on Thursday, boosted by strong growth across all five major markets. However, LMC said there was unusually high demand in December in Britain, which saw its full-year sales hit an all-time high, and in the Netherlands, where the loss of a tax rebate on some popular...

  • LONDON, Jan 7- Oil slid below $33 a barrel on Thursday to levels not seen in more than a decade, as a tumble in Chinese equities rattled investors already concerned by near-record production and massive stockpiles of unwanted crude and refined products. China let the yuan slip on Thursday, sending regional currencies and stock markets globally tumbling as the...

  • TOKYO, Jan 7- Japanese stocks have posted their worst New Year losing steak since 1995 with the benchmark Nikkei falling below levels many market players expected to be a bottom for the year. The Nikkei share average slid to a three-month low of 17,767.34 on Thursday, dragged down by a slew of bearish factors- slumping Chinese stocks and a weakening yuan, North...

  • Japan's Nikkei in worst new year start in two decades Thursday, 7 Jan 2016 | 4:30 AM ET

    TOKYO, Jan 7- Japanese stocks have posted their worst New Year losing steak since 1995 with the benchmark Nikkei falling below levels many market players expected to be a bottom for the year. The Nikkei share average slid to a three-month low of 17,767.34 on Thursday, dragged down by a slew of bearish factors- slumping Chinese stocks and a weakening yuan, North...

  • LONDON, Jan 7- Oil slid below $33 a barrel on Thursday to levels not seen in more than a decade, as a tumble in Chinese equities rattled investors already concerned by near-record production and massive stockpiles of unwanted crude. China let the yuan slip on Thursday, sending regional currencies and stock markets tumbling as the offshore yuan fell to its lowest...

  • NAIROBI, Jan 6- Kenya hopes to start direct commercial flights to the United States by May after it met most of the requirements set by an international aviation authority, its transport minister said on Wednesday. Macharia said several airlines were keen to offer direct flights between Kenya and the United States. Jomo Kenyatta International Airport, Kenya's...

  • UPDATE 6-Oil prices edge up from 11-year lows Tuesday, 22 Dec 2015 | 8:16 AM ET

    *Market to rebalance in fourth quarter 2016- Goldman Sachs. *Nigeria and Iran detail 2016 budgets. West Texas Intermediate crude futures were 26 cents higher at $36.07 a barrel by 1316 GMT, having touched their lowest since 2009 at $33.98 in the previous session.

  • UPDATE 4-Oil prices edge up from multi-year lows Tuesday, 22 Dec 2015 | 4:32 AM ET

    *Saudi Arabia said shot down missile heading for oil town. Brent futures traded up 29 cents $36.64 a barrel at 0917 GMT, recovering from an 11- year low of $36.04 hit on Monday. West Texas Intermediate crude futures were 34 cents higher at $36.15 a barrel, up from 2009 lows of $33.98 hit in the prior session.

  • RIO DE JANEIRO, Dec 17- Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world's top leaser of oil production ships, and state-run oil company Petroleo Brasileiro SA. Former Petrobras executives Pedro Barusco, Jorge Zelada and Renato Duque were charged with corruption, along with former SBM...

  • NIBC to buy Amsterdam brokerage SNS Securities Friday, 18 Dec 2015 | 3:21 AM ET

    AMSTERDAM, Dec 18- NIBC Bank NV, a Dutch merchant bank, said on Friday it was buying stockbroker SNS Securities, with around 100 employees one of the largest brokerages in Amsterdam. At its first half earnings report in August, the brokerage's owner SNS Bank said it had a book value of 34 million euros. NIBC is owned by New York- based private equity firm J.C. Flowers& Co.,...

  • RIO DE JANEIRO, Dec 17- Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world's top leaser of oil production ships, and state oil firm Petroleo Brasileiro SA. Former Petrobras executives Pedro Barusco, Jorge Zelada and Renato Duque were charged with corruption along with former SBM sales...

  • *Brent this week has neared its Dec 2008 low of $36.20. Brent was down $1.14 at $37.31 a barrel at 1543 GMT. West Texas Intermediate crude futures were down $1.27 at $36.08 per barrel, after rising more than $1 on Tuesday.

  • *Brent this week has neared its Dec 2008 low of $36.20. Brent was down 95 cents at $37.57 a barrel at 1408 GMT. West Texas Intermediate crude futures were down 59 cents at $36.76 per barrel, after rising more than $1 on Tuesday.

  • *Brent this week has neared its Dec 2008 low of $36.20. Brent was down 85 cents at $37.60 as of 1229 GMT. West Texas Intermediate crude futures were down 19 cents at $37.16 per barrel after rising more than $1 on Tuesday.

  • LONDON, Dec 16- Oil fell on Wednesday on fresh evidence of growing global oversupply and as investors awaited the outcome of a U.S. Brent was down 86 cents at $37.59 as of 0919 GMT. West Texas Intermediate crude futures fell 60 cents to $36.75 a barrel after rising more than $1 on Tuesday.

  • Heathrow delay endangers investment in Britain Friday, 11 Dec 2015 | 11:21 AM ET

    The decision on whether to build a new runway at Heathrow in the densely populated west of London, or at Gatwick to the south, will now come after the mayoral election in May. The candidate for Cameron's Conservative Party had threatened to resign if the government backed Heathrow, which an independent report commissioned by the prime minister said was the best...

  • The Prime Minister had promised to say by the end of the year whether he backed a 23- billion-pound runway at Heathrow Airport after a 3- year independent review named the site in densely populated west London as the preferred location. A delay by around six months mean the final decision can now be made after a London mayoral election in May, where the...

  • *Will trim 150 billion euros in assets by 2020. AMSTERDAM, Dec 9- Dutch cooperative bank Rabobank plans to lay off nearly a fifth of its workforce to boost profit and prepare for tougher European banking guidelines, it said on Wednesday. The bank said it would shed 9,000 of its 47,000 staff by 2018 and would cut 150 billion euros worth of assets from its balance sheet...

  • AMSTERDAM, Dec 9- Rabobank is due to announce thousands of additional job cuts as part of a strategy aimed at improving its balance sheet and financial results, a person familiar with the situation said on Wednesday. The cuts, which will primarily hit back office functions both in the Netherlands and abroad, will come on top of 3,000 redundancies already planned...