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  • Feb 24- Hollywood studio DreamWorks Animation SKG Inc reported a fourth-quarter loss, compared with a profit a year earlier, as it took charges related to restructuring and the weaker-than-expected performance of "The Penguins of Madagascar." The company took impairment charges of $57.1 million, or a loss of about 63 cents per share, related to the performance...

  • MUMBAI, Feb 25- Hindu nationalists in India have stepped up attacks on the country's beef industry, seizing trucks with cattle bound for abattoirs and blockading meat processing plants in a bid to halt the trade in the world's second-biggest exporter. "We are doing everything legally, but these people harass us and disrupt our work for no reason," said Mohammad...

  • BUENOS AIRES, Feb 24- The Argentine spy at the center of a scandal over last month's death of a state prosecutor was accused on Tuesday of importing tonnes of contraband merchandise during his final years as head of the country's counterintelligence office. Antonio Stiuso was forced out of the SI intelligence service in December, weeks before state prosecutor...

  • MUMBAI, Feb 24- Indian tax officials searched the Mumbai headquarters of HSBC Holdings PLC last week as part of a probe related to allegations that the bank's Swiss business helped clients dodge taxes, a person with knowledge of the matter said on Tuesday. The search came as HSBC prepared to release its annual report on Monday, in which the bank said it had received...

  • MANILA, Philippines— A nearly 200- year-old Philippine bamboo pipe organ, said to be the oldest and most complete in the world, has survived time, storms and wars. Organizers of the International Bamboo Organ Festival hope history, pride and a rediscovery of Baroque music from the country's musical past will prompt Filipinos not to abandon a yearly tradition...

  • MUMBAI, Feb 24- Investors in India say the government's first full budget must find a way to boost capital spending while exercising fiscal restraint, or a subsequent sell-off in debt and equities could destabilise the rupee, risking a return to levels seen in 2013.. Prime Minister Narendra Modi's election victory nine months ago resulted in India becoming...

  • JAKARTA/ WASHINGTON, Feb 24- The United States is pressing Indonesia to relax local-content rules it believes will handicap efforts of tech firms such as Apple to expand into one of the world's last big markets where demand for high-end smartphone has yet to really take off. "The United States shares these concerns, and strongly supports ensuring that...

  • *Global retailers such as Gap, H&M planning big push into India. NEW DELHI/ MUMBAI, Feb 24- A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop. Located in a posh district in the south of New Delhi,...

  • *Global retailers such as Gap, H&M planning big push into India. NEW DELHI/ MUMBAI, Feb 24- A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop. Located in a posh district in the south of New Delhi,...

  • BUENOS AIRES, Feb 23- Argentine President Cristina Fernandez's popularity has been driven down by the mysterious death of an investigator who accused the populist leader of trying to cover up a deadly 1994 bombing, a poll showed on Monday. Alberto Nisman was shot dead the night of Jan 18, four days after leveling his allegation against Fernandez.

  • *CVC, shareholders to offer 645 mln shares in HK $8- 9/ each range. HONG KONG, Feb 23- HKBN Ltd, Hong Kong's second-largest broadband Internet provider, will launch its IPO on Tuesday, with shareholders including CVC Capital Partners looking to raise up to $750 million, sources familiar with the IPO plans said. At the top of its indicative range, the IPO would be the...

  • Indian corporate espionage scandal deepens Sunday, 22 Feb 2015 | 9:22 AM ET

    The probe into alleged attempts to steal documents from India's oil ministry is raising wider questions about access to market-sensitive information.

  • India's Modi bets on GM crops for green revolution Saturday, 21 Feb 2015 | 10:49 PM ET
    A worker harvests onions on a farm near Umrana, Maharashtra, India, on Tuesday, Nov. 11, 2014.

    Modi is looking to reverse India's effective ban on genetically modified food crop trials in a bid to boost the country's dismal farm productivity.

  • NEW DELHI, Feb 22- On a fenced plot not far from Indian Prime Minister Narendra Modi's home, a field of mustard is in full yellow bloom, representing his government's reversal of an effective ban on field trials of genetically modified food crops. India placed a moratorium on GM aubergine in 2010 fearing the effect on food safety and biodiversity.

  • NEW DELHI— Indian police questioned five senior energy company executives on Saturday in a widening investigation into the alleged theft of classified government documents, a senior officer said. Police also raided a company's offices in the New Delhi suburb of Noida after arresting one of its consultants on Friday, Police Commissioner Bhim Sain Bassi said.

  • NEW DELHI— India's filthy air is cutting 660 million lives short by about three years, while nearly all of the country's 1.2 billion citizens are breathing in harmful pollution levels, according to research published Saturday. The most polluted regions, falling generally in northern India, are also among India's most populous. "The extent of the problem is...

  • New Sri Lanka gov't ends US lobbying contracts Friday, 20 Feb 2015 | 7:12 PM ET

    WASHINGTON— In a sign of improving relations with the U.S., Sri Lanka has terminated lobbying contracts worth tens of thousands of dollars a month that the previous government had signed to help it win friends in Washington amid war crimes allegations, the nation's ambassador says. But political change inside Sri Lanka itself has done the trick.

  • NEW DELHI— Indian Prime Minister Narendra Modi's dark suit with its unique monogram pinstripes was auctioned Friday for a whopping sum of nearly $700,000. Diamond merchant Lalji Patel, who like Modi is from Gujarat state, made the winning bid of 43 million rupees. President Barack Obama in India last month.

  • Drug-resistant malaria spreads: Study Friday, 20 Feb 2015 | 7:41 AM ET
    File photo: A malaria victim rests at a small medical center in the Democratic Republic of Congo.

    The drug that has saved millions from malaria is losing its efficacy in a much larger swath of territory than was previously known. The NYT reports.

  • *India seen cutting 2015/ 16 subsidy bill by one fifth- sources. NEW DELHI, Feb 20- India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget. Fuel subsidies are expected...