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COLUMN-China oil demand down 12 pct in 4 mths? No way: Clyde Russell
Reuters--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 16 (Reuters) - The decline in China's implied oil use in April to an 8-month low, coupled with flat crude imports, gives the...Tags: China, Petroleum Industry, Inventories, International Energy
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Young people driving less, transportation planners clueless, report says
Millennials are possibly the first generation who could sing the Beatles classic "(Baby You Can) Drive My Car" and really mean it. Millennials are the children of baby boomers and Generation X, and they are radically altering the way the nation...
Tags: Kelley Blue Book LLC
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Petrobras 6-part deal to buoy US high-grade issuance
ReutersBy John Balassi NEW YORK, May 13 (IFR) - Although stock futures are in the red Monday morning after a big run last week and weaker-than-expected Chinese economic data, the issuance trend in the credit markets should continue -- supported by investors...Tags: Economy, Business and Finance, Morgan Stanley Dean Witter & Company, European Union, Stock Market, Conservative Party (UK)
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TREASURIES OUTLOOK-Prices rise on weak manufacturing, inflation data
Reuters(Recasts) * U.S. industrial output fell more than expected in April * NY Fed manufacturing shrank, contrary to expectations * Producer price index shows biggest decline in three years * Stock market gains restrain appetite for safe-haven U.S. debt By...Tags: Employment Opportunities, Unemployment Rate, Credit Ratings, Inflation and Deflation, Land Price
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Nikkei climbs to new 5-1/2-year high, ends above 15,000; Sony soars
ReutersTOKYO (Reuters) - Japan's Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative...Tags: Entertainment, Economy, Business and Finance, Realty, Spin out, Foreign Exchange Market
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Dodgers 2, Nationals 0
ReutersThe Sports Xchange By Jon Gold, The Sports Xchange Dodgers 2, Nationals 0 LOS ANGELES -- Clayton Kershaw dazzled a Washington Nationals team sans Bryce Harper, and the Los Angeles Dodgers eked out a 2-0 win on Tuesday night at Dodger Stadium. A day...Tags: Matt Kemp, Zack Greinke, Dodger Stadium, Washington Nationals, Tyler Moore
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Honda to boost Acura brand, build new electric-augmented NSX in Ohio
Honda's overhaul of its luxury Acura brand will include a redesigned and electric-augmented NSX supercar, which will be built in a $70-million refurbished plant in Marysville, Ohio. Acura sales in the U.S. were up 14% in the first four months of the...
Tags: Cadillac, General Motors Corp., Kelley Blue Book LLC, Mercedes-Benz, BMW
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GLOBAL MARKETS-Asian shares mostly rise, dollar takes breather
Reuters* MSCI Asia ex-Japan up, profit-taking caps Nikkei below recent high * Dollar index down as euro rises on stability in euro zone crisis * Commodities pause from selling, gold recoups previous day's loss By Chikako Mogi TOKYO, May 14 (Reuters) -...Tags: Economy, Business and Finance, Tokyo (Japan), JPMorgan Chase & Co., Foreign Exchange Market, Federal Reserve
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GLOBAL MARKETS-Asian shares steady after 2-day losing streak, dollar pauses
Reuters* MSCI Asia ex-Japan up, profit-taking caps Nikkei below recent high * Dollar index down as euro rises on stability in euro zone crisis * Commodities pause from selling, gold recoups previous day's loss * European shares likely to edge higher By...Tags: Economy, Business and Finance, Tokyo (Japan), JPMorgan Chase & Co., Foreign Exchange Market, Credit Ratings
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Commerzbank, StanChart drag European shares off 5-yr peak
Reuters* FTSEurofirst 300, STOXX Europe 600 both down 0.2 pct * Commerzbank falls 4.4 pct as discounted rights issue looms * Stan Chart sheds 4.2 pct as Carson Block bets against group * Losses capped by some solid corporate results By Francesco Canepa...Tags: Science and Technology, Nissan Motor Co., Deutsche Bank AG, Germany
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GLOBAL MARKETS-Asian shares steady, retail sales underpins dollar
Reuters* MSCI Asia ex-Japan steady, Nikkei opens up 0.3 pct * Dollar index down but near recent highs By Chikako Mogi TOKYO, May 14 (Reuters) - Asian shares paused from selling on Tuesday while the dollar was underpinned by better-than-expected U.S. retail...Tags: JPMorgan Chase & Co., Foreign Exchange Market, Japan, Nikkei, Goldman Sachs Group, Inc.
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PRESS DIGEST-Australian Business News - May 14
ReutersCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) Glencore Xstrata will not proceed with the development of its Balaclava Island Coal...Tags: Economy, Business and Finance, Australia, Companies and Corporations, Foreign Exchange Market, Science and Technology
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