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  • NEW YORK, Aug 27- Oil rocketed more than 8 percent higher on Thursday, posting its biggest one-day rally in years, as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. The rally was aided by news of a force majeure on Nigerian oil exports declared by Shell and private data indicating more drawdowns...

  • The Museum of London is hosting weeknight evenings with experts and curators on Oct. 15, 7 p.m.-9: 45 p.m., in a program called "Uncovering the Crime Museum"; on Nov. 16, 7 p.m.-9: 30 p.m., with "Curating the Crime Museum Uncovered"; and Nov. 24 and Dec. 16, 7 p.m.-10 p.m., with "Crack the Case." Museum of London Docklands is offering Halloween ghost tours, Oct. 31, 6 p.m.-8 p.m. and 9 p.m.-11...

  • NEW YORK, Aug 27- Oil rocketed more than 9 percent higher on Thursday in one of the biggest one-day rallies in years, as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. The rally was aided by news of a force majeure on Nigerian oil exports declared by Shell and private data indicating more...

  • NEW YORK, Aug 27- Oil rocketed more than 6 percent higher on Thursday in a snapback from a deep two-month slump as stock market rallies and news of diminished oil supplies drove a short-covering surge by bearish traders. Brent's front month rose $3.05 to $46.19 a barrel by 11:20 a.m. EDT, staging the biggest percentage gain since early this year and hitting...

  • LONDON, Aug 27- Copper and other base metals jumped on Thursday after comments by U.S. Federal Reserve officials helped calm global markets, including hard-hit stocks in top metals consumer China. Equities rallied around the world on Thursday following comments by two Federal Reserve officials that prompted investors to push back forecasts for U.S. rate...

  • LONDON, Aug 27- For every action there is an equal and opposite reaction. Or translating Sir Isaac Newton's third law of motion into financial language, markets don't move in straight lines. Although you'd be forgiven for thinking so after the pummelling base metals have taken over the last couple of weeks.

  • NEW YORK, Aug 27- The dollar advanced for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy than had been thought and by gains in global equities, which benefited from improving risk sentiment. The reports, however, did little to change the view that the Federal Reserve would delay raising interest rates given recent...

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 27- European shares rose on Thursday, recouping all of their losses this week, with gains across the board after market expectations of a U.S. rate hike were pushed back and as growth figures were revised sharply upwards. Bouygues was one of the best performing stocks, rising 5.4 percent after...

  • *Ukraine off the hook on debt repayments for four years. KIEV, Aug 27- Ukraine reached what its finance minister called a "win-win" deal with its largest group of creditors to ease repayments on its $18 billion debt, winning breathing space for an economy drained by the cost of fighting with pro-Russian separatists. The agreement, which includes a write-down of 20...

  • LONDON— London Underground has delayed plans to start a 24- hour subway service on weekends, allowing more time for talks with unions demanding better pay and conditions. The decision Thursday came as both Underground officials and union representatives reported progress on talks about the new service, which had been set to begin Sept. 12.

  • German industrial group ThyssenKrupp, Dutch healthcare and consumer group Philips and British food ingredients group Tate& Lyle are among those adjusting for lower growth and a new intensity in price wars. "The message which we have given the team in China is the following: You need to move up your margin," ThyssenKrupp Chief Executive Heinrich Hiesinger told...

  • Mamma Mia! Piano played on ABBA's hits up for auction Thursday, 27 Aug 2015 | 6:12 AM ET

    LONDON— A grand piano that featured on many of ABBA's biggest hits is going up for auction in London. Sotheby's is offering the instrument, owned by the Stockholm recording studio where the Swedish pop group often recorded. The auction house said Thursday the piano by Swedish designer Georg Bolin— played on hits including "Waterloo,"'' Dancing Queen "and" Money, Money,...

  • *Gold's 3- day slide erases bulk of last week's gains. LONDON, Aug 27- Gold steadied on Thursday after its biggest one-day drop in five weeks, supported by speculation that a U.S. rate hike may take longer than expected but still under pressure from a rebound in stock markets and a firmer dollar. Gold tends to benefit from ultra-low rates, which cut the opportunity...

  • *Global stock markets rise on Asia, Wall Street rally. *Standard Chartered cuts crude price forecasts sharply. However, do not be wrong footed by a correction higher, " PVM Oil Associates technical analyst Robin Bieber said.

  • FRANKFURT, Aug 27- Lending to euro zone households and firms accelerated slightly in July, European Central Bank data showed on Thursday, in a sign that the bank's aggressive asset-purchase programme is bringing some results. "The ECB's monetary stimulus is working its way through the system," said Holger Schmieding, an economist at Berenberg Bank in London.

  • LONDON, Aug 27- Stocks rose around the world on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were all up more then 2 percent. "Financial market volatility has increased the likelihood that the first Fed hike will occur later than the September meeting," said Angela Hsieh at...

  • US stocks open higher after Chinese market surges Thursday, 27 Aug 2015 | 3:29 AM ET

    BEIJING— China's main stock index surged 5.3 percent Thursday, its biggest gain in eight weeks, as markets across Asia advanced in the wake of Wall Street's rebound, giving investors some relief after gut-wrenching global losses. Elsewhere in Asia, Hong Kong's Hang Seng rose 2.9 percent to 21,697.31 and Tokyo's Nikkei 225 added 1.1 percent to 18,574.44.

  • Asian stocks rise after US data calms investor nerves Thursday, 27 Aug 2015 | 12:49 AM ET

    Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second straight day as they took advantage of this month's sell-off. Energy stocks surged as the price of U.S. oil jumped more than 10 percent, closing back above $40 a barrel. "Asset prices sold off so much and so drastically, people went in and did start to bottom-fish," said David Lyon,...

  • SEOUL, Aug 27- Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in U.S. crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gained $1.03 to $44.17 a barrel by 0225 GMT, having ended down 7 cents at $43.14 on Wednesday. U.S. crude's front-month contract...

  • *Wall Street closes significantly higher after late rally. NEW YORK, Aug 26- Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by China worries, while long-dated bond prices fell after a top Federal Reserve official scaled back expectations of a September rate increase. Bets about the timing of a rate increase was...