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  • A look at Obama's final budget proposal Tuesday, 9 Feb 2016 | 11:03 AM ET

    —Obama's budget for the Agriculture Department includes a proposed $12 billion over 10 years to help feed schoolchildren from low-income families during the summer. Spending that needs Congress' annual approval: $24.2 billion. Spending that needs Congress' approval: $9.7 billion.

  • Goodyear reports 4Q loss on hefty charge Tuesday, 9 Feb 2016 | 7:57 AM ET

    NEW YORK— The Goodyear Tire& Rubber Co. on Tuesday swung to a fourth-quarter loss on charges and tire sales fell, but the results still topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Three analysts surveyed by Zacks expected $4.02 billion.

  • MELBOURNE, Feb 9- London copper was underpinned by weakness in the dollar on Tuesday, with extremely low turnover as traders waited for the return of top consumer China next week for fresh signals on demand. Copper topped out at its highest in a month at $4,720 on Thursday and trade is expected to stay quiet with China out this week for the Lunar New Year break.

  • FRANKFURT, Feb 8- E-commerce firm Africa Internet Group and French insurer AXA said on Monday they had formed a partnership in which AXA will be the exclusive provider of insurance to AIG and invest 75 million euros to take a roughly 8 percent stake in it. AXA will provide insurance products and services through AIG's Jumia unit and other AIG online and mobile...

  • MOGADISHU, Somalia— Security video footage taken at Mogadishu airport shows two men handing what looks like a laptop computer to the suspected suicide bomber after he passed through the security checkpoint, Somalia's government spokesman said Sunday. The man who received the laptop is the suspected suicide bomber who was blown from the Daallo Airlines jet...

  • *Malawi highlights perils of aid reliance without industrialising. LILONGWE, Feb 7- As she walks along a dirt road in central Malawi, Louise Abale carries her precious maize wrapped in a brightly coloured cloth and balanced on her head. Because of drought in Malawi and across southern Africa the grain has doubled in price in the space of a year, and now costs around...

  • App launched with uniquely African emojis Saturday, 6 Feb 2016 | 10:59 AM ET

    JOHANNESBURG— App developers have launched a series of uniquely African emojis of characters dressed in colorful traditional attire using popular local expressions and gestures. Afro Emoji founder Nigerian-American Ayoola Daramola said there was a gap in the market for images representing African mobile phone users. Afro Emoji spokeswoman Jessica...

  • Feb 5- LinkedIn Corp's shares closed down 43.6 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. The rout in the stock cost LinkedIn chairman Reid Hoffman about $1.2 billion based on his 11.1 percent stake in the company he...

  • Feb 5- LinkedIn Corp's shares plunged as much as 43 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities, RBC Capital Markets and Suntrust Robinson also...

  • Feb 5- LinkedIn Corp's shares plunged as much as 43 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities, RBC Capital Markets and Suntrust Robinson also...

  • South Africa aims to lift coal exports to India Friday, 5 Feb 2016 | 9:45 AM ET

    *South Africa looks to India to maintain record exports. CAPE TOWN, Feb 5- South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal last year, industry officials said on Friday, as a drop in exports from rival Indonesia opens up the chance to grab market share. A drop in Indonesian exports to India, which imported around...

  • Feb 5- LinkedIn Corp's shares plunged about 35 percent on Friday, wiping out nearly $9 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities and RBC Capital Markets also downgraded the stock.

  • LinkedIn's shares were set to open more than 30 percent lower at around $128, representing a loss of more than $8 billion in market value. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities and RBC Capital Markets also downgraded the stock.

  • LAGOS, Nigeria— Nigeria's aviation regulatory agency is suspending operation of all Sikorsky model S-76C++ helicopters following two crashes in six months in the West African country, the director general said Thursday. Another Sikorsky nose-dived Aug. 10 into a lagoon in Lagos, the commercial capital, killing six of the 12 people on board including the...

  • Feb 4- LinkedIn Corp forecast first-quarter profit and revenue below analysts' estimates as it faces headwinds in its online ads and recruitment services businesses in markets outside North America, sending its shares down 27 percent in extended trading. "While initial demand was solid, the product required more resources than anticipated to scale," Chief...

  • Feb 4- LinkedIn Corp forecast current-quarter profit and revenue below analysts' estimates, citing weakness in its recruitment services business in markets outside North America. LinkedIn forecast an adjusted profit of about 55 cents per share for the first quarter, way below the average analyst estimate of 74 cents, according to Thomson Reuters I/B/E/S.

  • *Algerian and Azerbaijan parties go ahead. LONDON, Feb 4- Azerbaijan and Algeria have been battered by a slump in oil prices, but their national energy companies will still lay on lavish hospitality next week in London when the industry gathers for its annual string of parties and networking events. The hotel, where a night in a standard double room will set guests...

  • *World's top cocoa grower has had months of dry weather. *Harmattan winds worst in decades. MEAGUI, Ivory Coast, Feb 4- The quality of cocoa in top grower Ivory Coast's main crop has already fallen to levels normally seen later in the year as poor weather takes its toll, raising fears for the April-to-September mid-crop, exporters and farmers said on Thursday.

  • LAGOS, Nigeria— Nigeria's state oil company lost 267 billion naira in 2015, even as it tried to pump more oil to counter slashed world prices, the Nigerian National Petroleum Corp. said Thursday. Nigeria is Africa's biggest oil producer but imports most refined products because its refineries are inefficient. According to the report, profits came from the...

  • Morocco unveils massive solar plant Thursday, 4 Feb 2016 | 7:34 AM ET

    OUARZAZATE, Morocco— Morocco's King Mohammed VI unveiled one of the world's biggest solar plants Thursday, taking advantage of the Sahara sunshine and a growing global push for renewable energy. It said Morocco was chosen for the project in part because of its political stability, and because the government created a solar energy agency and introduced...