Euro zone shares post biggest two-day gain since June 2013

* Euro STOXX 50 up 0.6 pct, posts biggest 2-day rise in 17 months

Fitch: Small and Mid-Sized Brazilian Banks Benefit From Alternative Funding Sources

(The following statement was released by the rating agency) SAO PAULO, November 24 (Fitch) A shift in Brazilian bank funding sources over the last 5 years has primarily benefited the country's small and medium-sized banks, according to a new report by Fitch Ratings. The introduction of three new securities - Letras Financeiras, Letras de Credito Imobiliarias and Letras de Credito Agronegocio - has contributed to improved funding profiles at Brazil's smaller banks in the wake of the Banco Pa

5:39pm GMT

UPDATE 1-New York's Cuomo warns snow-hit Buffalo of risk to roofs

BUFFALO, N.Y., Nov 24 - New York Governor Andrew Cuomo warned residents of Buffalo, New York, which is still digging out from as much as seven feet of snow, to beware of roof collapses as the weather warms.

5:37pm GMT

UPDATE 1-EU mergers and takeovers (Nov 24)

BRUSSELS, Nov 24 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

5:31pm GMT

Fitch: No Rating Impact from Increase to Laender 46's Outstanding Amount

(The following statement was released by the rating agency) FRANKFURT/PARIS/LONDON, November 24 (Fitch) Fitch Ratings says an increase to the amount of Laender 46's EUR1bn 1.125% fixed-rate bonds (ISIN: DE000A13R889), due 30 September 2024, by EUR250m to EUR1.25bn, will not affect its 'AAA' Long-term rating. The increase will take effect on 26 November 2014. Each state is liable for its individual share in the issue, and the amount increased is divided between the participating states as fo

5:28pm GMT


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