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  • *Faltering euro zone and China, disinflation biggest risks. BENGALURU, Jan 15- Global economic growth will be modest at best in the coming year as weak inflation persists, Reuters polls showed on Thursday, while a faltering euro zone and China could restrain it further. Economists polled over the past week by Reuters say the biggest risk to the global economy this...

  • UPDATE 1-BP to cut North Sea jobs as oil price plummets Thursday, 15 Jan 2015 | 4:59 AM ET

    LONDON, Jan 15- BP will cut hundreds of jobs in the North Sea to reduce costs in one of the world's most expensive exploration areas as oil prices fall. The BBC quoted sources as saying staff cuts would be announced later on Thursday in the Scottish city of Aberdeen. Fellow North Sea oil producer ConocoPhillips is also cutting 230 jobs in Britain, with its UK...

  • BOGOTA, Jan 14- Facebook Inc Chief Executive Mark Zuckerberg launched a free Internet application in Colombia on Wednesday as part of a drive to bring developing markets online, but remained mute on when and if the company would look to move into China. Colombia is the first nation in Latin America and the fourth in the world to receive the new Internet.org...

  • BOGOTA, Jan 14- Facebook Inc on Wednesday launched a mobile phone application that gives Colombian users free access to a handful of online services, broadening Chief Executive Officer Mark Zuckerberg's effort to boost Internet usage in developing markets. Colombia is the first nation in Latin America to receive the new Internet.org service, in partnership...

  • BOGOTA, Jan 14- Facebook Inc on Wednesday launched a mobile phone application that gives Colombian users free access to a handful of online services, broadening Chief Executive Officer Mark Zuckerberg's effort to boost Internet usage in developing markets. Colombia is the first nation in Latin America to receive the new Internet.org service, in partnership...

  • WARSAW, Jan 14- South African e-commerce and media firm Naspers is looking to sell its Polish operations, including Eastern Europe's largest web auction service Allegro, sources said on Wednesday. Naspers wants to focus more on faster growing markets like Brazil and China. Naspers bought it in 2007 for 946 million pounds and used the Allegro model in the Czech...

  • ADDIS ABABA, Jan 13- Ethiopian Airlines is in talks with Rwanda and the Democratic Republic of Congo to purchase stakes in their carriers and manage them, its chief executive told Reuters. Discussions with Kigali and Kinshasa follow similar deals with Malawi and South Sudan, part of efforts to become a global carrier and put the airline at the heart of travel in...

  • KAMPALA, Jan 13- Expectations that Uganda will spend more than planned in the run up to an election due in early 2016, pose risks for investors who are demanding higher returns to hold government debt. President Yoweri Museveni, 70, who has overseen rapid economic expansion during his almost three decades in power but has a weaker record on fiscal discipline, is...

  • France declares 'war' on Islamic extremism Saturday, 10 Jan 2015 | 5:57 PM ET
    An American holds a sign as people gather for a vigil outside the Consulate General of France to pay tribute to the victims of an attack on satirical magazine Charlie Hebdo, in San Francisco.

    Prime Minister Manuel Valls declared that France was at war with radical Islam after harrowing terrorist attacks.

  • WINNIPEG, Manitoba, Jan 9- One of the world's biggest lentil shippers expects Canadian exports of that crop and other legumes to climb to near record levels this year, as dry conditions in India limit output in that country, the biggest consumer of the protein-rich foods. AGT depends on India, north Africa and the Middle East for 65 percent of its revenue.

  • *Strong demand growth in China. BERLIN, Jan 8- Weakening economies in Asia and Africa could dampen demand for international air travel this year, taking the gloss off the positive effects of cheaper oil for the global airline industry, a leading industry body said on Thursday. That was slightly less than the 6 percent growth achieved for the entire market, which was...

  • *Poll details: reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls. BRASILIA, Jan 7- Emerging market currencies will stay under pressure in 2015, a Reuters poll found, though they may not fall as much as last year as lower commodity prices and tighter monetary policy in the United States could be largely priced in already. "The dichotomy between the...

  • Uber vehicles impounded in South Africa - executive Tuesday, 6 Jan 2015 | 4:11 PM ET

    SAN FRANCISCO, Jan 6- Police in Cape Town, South Africa, impounded 33 Uber vehicles over the weekend in a dispute over what type of permits drivers should hold, an Uber executive said. Last month, it drew bans in France, Spain and the Netherlands. In Cape Town, after several months of discussion with Uber, officials decided late last year on a metered-taxi license.

  • CAIRO, Jan 6- The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart. As the fighting has knocked out most oilfields and ports, oil exports have fallen below 300,000 barrels a day, less...

  • LONDON, Jan 6- Xi Jinping is China's first U.S.-style president. He wields enormous personal power, in contrast to the more collective leadership style of Hu Jintao and Jiang Zemin, has assumed an unprecedented profile abroad as the country's chief diplomat and has been heavily promoted at home as the responsible face of the party and the government.

  • CAIRO, Jan 6- The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart. As the fighting has knocked out most oilfields and ports, oil exports have fallen below 300,000 barrels a day, less...

  • *Initial Phase I clinical study starts in Britain. *First tests in Britain, more planned in U.S. and Africa. LONDON, Jan 6- Johnson& Johnson has started clinical trials of its experimental Ebola vaccine, which uses a booster from Denmark's Bavarian Nordic, making it the third such shot to enter human testing.

  • *Initial Phase I clinical study starts at Oxford University. *Further tests planned for United States and Africa. LONDON, Jan 6- Johnson& Johnson has started clinical trials of its experimental Ebola vaccine, which uses a booster from Denmark's Bavarian Nordic, making it the third such shot to enter human testing.

  • BENGHAZI, Libya, Dec 31- Libya has made progress containing a fire at its largest oil port that has destroyed four days of the country's oil production but the damage to storage tanks will hamper efforts to resume exports, officials and industry insiders said. Both sides command forces made up of former rebel troops which helped oust Gaddafi but which are now...

  • LONDON, Dec 31- The first net outflow of foreign money in 18 months hit emerging markets in December as oil prices fell, risk aversion grew and investors anticipated a Federal Reserve rate hike, the Institute of International Finance said. Portfolio outflows totalled $11.5 billion with bond investment down $7.8 billion and $3.7 billion withdrawn from stocks,...