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  • NEW YORK, Feb 9- Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/ 2- year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers...

  • PARIS— Two agencies contend Facebook is breaching privacy laws in France by tracking and using the personal data of more than 30 million users there without their knowledge. The independent privacy watchdog CNIL has given Facebook three months to comply with French data protection laws or risk sanctions. The government-linked General Direction for...

  • CHICAGO, Feb 9- Bunge Ltd has launched legal proceedings against Egypt's state grain buyer over a rejected cargo of French wheat, highlighting uncertainty among suppliers who are already charging a risk premium to the world's largest wheat importer. Egypt, which buys wheat to provide its poorest citizens with bread, has in recent weeks fueled confusion in the...

  • *USDA supply/demand report due at 1700 GMT. PARIS/ SYDNEY, Feb 9- Chicago wheat edged higher on Tuesday, recovering from a one-month low as investors awaited monthly U.S. government grain forecasts, but Paris futures extended losses to new contract lows as export worries continued to weigh on European prices. But wheat remained under pressure from ample global...

  • PARIS, Feb 9- French water and waste group Veolia said on Tuesday it is talks to install a flood prevention system in the city of New Orleans that was devastated by Hurricane Katrina in 2005.. Veolia innovation director Laurent Auguste said a study will be carried out jointly with Swiss insurer Swiss Re and that Veolia- which operates the main New Orleans waste...

  • PARIS— The International Energy Agency says oil supply is set to outpace demand this year, keeping a lid on any expected price increases. The organization, which advises countries on energy policy, said in its monthly report Tuesday that global excess supply may reach 2 million barrels per day during the first quarter, and a further 1.5 million barrels a day in the...

  • Experts say GPS is vulnerable to signal loss from solar weather effects or radio and satellite interference or deliberate jamming, which South Korea experienced from North Korea in recent years. France, Norway, Germany and Denmark have closed their transmitters. George Shaw of the GLA cited "cost-related" issues in Europe for pulling the project, leading the...

  • THE HAGUE, Feb 9- Russia on Tuesday began its appeal in the Netherlands against an international arbitration order that Moscow pay $50 billion in damages to shareholders in the defunct Russian oil giant Yukos. Most of Yukos' assets were acquired by Russia's state-owned oil producer Rosneft after Yukos was declared bankrupt and its founder Mikhail...

  • Germany's DAX fell 1.1 percent to 8,879.40 while France's CAC 40 slid 1.7 percent. He met in Paris on Tuesday with his German counterpart, Jens Weidmann, along with the finance ministers of France and Germany for an economic conference. We think that this volatility of the Asian markets has spread to Europe, the eurozone, and the whole world.

  • PARIS— French drug maker Sanofi says its bottom line was roughly stable last year as it advanced efforts to reshape its drug portfolio and pursue research and development tie-ups in oncology and diabetes. Sanofi made 4.29 billion euros last year, compared to 4.39 billion in 2014. In December Sanofi and German pharmaceutical company Boehringer Ingelheim said...

  • COPENHAGEN, Feb 9- Denmark's Vestas beat forecasts with record orders for new wind turbines last year, signalling continued strong demand for renewable energy despite a plunge in fossil fuel prices. Hit by overcapacity and the withdrawal of some government subsidies during the global economic downturn, big wind turbine makers are now benefiting from a new...

  • *Chances of OPEC/ non- OPEC deal very low. LONDON, Feb 9- The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. "Persistent speculation about a deal between OPEC and leading non- OPEC producers to cut output appears to...

  • Longchamp's performance comes as sales growth has slowed in the luxury goods sector, hit by weaker demand in China and low oil prices reducing Russia and Middle Eastern purchasing power. Longchamp, which opened three stores in mainland China bringing the total number to 25, said sales there had risen 30 percent at constant currencies, a growth level...

  • MONTREAL/ WASHINGTON Feb 8- Global aviation experts agreed on Monday to the first emissions-reduction standards for aircraft in a deal that will take effect with new models in four years, but environmental groups said the carbon dioxide cuts did not go far enough. The standards are aimed at makers of small and large planes alike and will apply to all new aircraft...

  • Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • MONTREAL/ WASHINGTON Feb 8- Global aviation experts agreed on Monday to the world's first carbon dioxide emissions standards for new and existing aircraft programs, in a deal that environmental groups said does not go far enough. The new standards, aimed at makers of small and large planes alike, will apply to all new aircraft models launched after 2020, the...

  • MONTREAL/ WASHINGTON Feb 8- Global aviation leaders agreed on Monday to the world's first carbon dioxide emissions standards for new and existing aircraft manufacturing programs starting in 2020, two sources familiar with the matter said. The new standards, aimed at makers of small and large planes alike, were agreed to at the United Nations aviation agency...

  • WASHINGTON— A U.N. panel on Monday proposed long-sought greenhouse gas emissions standards for airliners and cargo planes, drawing praise from the White House and criticism from environmentalists who said they would be too weak to actually slow global warming. The International Civil Aviation Organization said the agreement reached by the agency's...

  • *Argentina crops benefit during critical weekend. CHICAGO, Feb 8- U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Soybean traders focused on Argentina after storms brought moisture to dry fields during a key time for crop development.

  • Business events scheduled for Tuesday Monday, 8 Feb 2016 | 1:27 PM ET

    WASHINGTON— Commerce Department releases wholesale trade inventories for December, 10 a.m. Eastern. WASHINGTON— Labor Department releases job openings and labor turnover survey for December, 10 a.m.. PARIS— French pharmaceutical firm Sanofi reports 2015 earnings.