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SINGAPORE, March 14- The Philippine central bank has cleaned out its coffers over the past year, spending billions of pesos to shield its currency and economy from the impact of large inflows of foreign money.

SAN FRANCISCO, March 5- Google Inc began testing a same-day delivery service with retailers in recent weeks, the latest move into Amazon.com Inc's e-commerce turf by the world's largest Internet search company. Google arranges for third parties, such as couriers, to pick the products up from local stores and deliver the items to shoppers.

This potential energy source will be irrelevant, however, to almost everyone for many decades to come, except perhaps Japan. In an apparent breakthrough, state-owned Japan Oil, Gas and Metals National Corporation has extracted natural gas from hydrate accumulations hundreds of meters below the seabed from a drill ship off the east coast of Japan.

HONG KONG, March 14- China Mobile Ltd hopes to tap pent-up demand for Apple Inc smartphones by rolling out new 4 G technology this year and having an iPhone model that will finally run on it.

SAN FRANCISCO, March 13- Andy Rubin is stepping down as head of Google Inc's Android division after he helped turn the software into the world's most widely-used mobile operating system. Google's browser and applications chief Sundar Pichai will replace Rubin, bringing the firm's mobile software, applications and Chrome browser under one roof.

ZURICH, March 13- Nestle, the world's biggest food company, published on Wednesday a raft of social and environmental targets it aims to meet by 2020, including better labelling of its products, only using sustainable palm oil and cutting greenhouse gas emissions.

*Banks accused of failing to withdraw Herbalife financing. March 13- A short seller in Herbalife Ltd's stock has sued officials at three major U.S. banks as well as activist investor Carl Icahn, saying they are helping perpetuate a fraudulent pyramid scheme at the nutritional products company.

NEW YORK, March 12- Dean Metropoulos may not be a household name, but the food industry veteran's reach extends from the pantry to the refrigerator to the freezer. Metropoulos, who works with his sons Daren and Evan, has teamed up with longtime partner Apollo Global Management to buy some snack cake brands from bankrupt Hostess Brands Inc.

BOSTON, March 13- Fidelity Investments has expanded its 3- year-old partnership with BlackRock Inc to offer its customers free trading of more exchange-traded funds, as the once-dominant mutual fund company strives to catch up in a faster-growing market.

March 12- SandRidge Energy Inc on Tuesday said in a filing it has approved a dissident slate of directors as part of a court order, paving the way for a planned vote on the candidates on Friday.

*Trustee Bank of NY Mellon also opposes Chesapeake. March 12- A group of Chesapeake Energy Corp noteholders on Tuesday challenged the company's authority to redeem $1.3 billion of notes, saying the plan was improper and would shortchange them.

WASHINGTON, March 13- The United States is expected to renew waivers on Iran sanctions for Japan and 10 European countries as soon as Wednesday in exchange for their reducing purchases of the OPEC nation's crude oil, U.S. government sources said.

*Bearish monthly reports from OPEC, EIA and IEA. LONDON, March 13- Oil prices fell on Wednesday on a rise in U.S. stockpiles and a mildly bearish weekly report from the West's energy agency, with benchmark Brent crude dropping below a key $109 a barrel level.

*EMC initially to own 69 pct of Pivotal, VMware to own 31 pct. *VMware shares up 7 pct, EMC shares up 2 pct. VMware said that the creation of Pivotal, a combination of both companies' data analytics and cloud application assets, would boost VMware's operating margins this year.

March 13- Data storage equipment maker EMC Corp plans to create a new company called Pivotal that would be 69 percent owned by EMC and 31 percent owned by its publicly traded affiliate VMware Inc, according to EMC Chief Executive Joe Tucci.

The criticism was voiced by a number of leading heart doctors who attended the annual scientific sessions of the American College of Cardiology, held on March 9-11 in San Francisco. Steven Nissen, head of cardiology at the Cleveland Clinic and a past president of the ACC. "

March 13- Video service Netflix Inc unveiled a new feature on Wednesday that allows subscribers to let their Facebook Inc friends know what television shows and movies they are watching and also see friends' viewing activity. The feature will be available by the end of the week, Netflix said.

March 13- Data storage equipment maker EMC Corp plans to create a new company called Pivotal that would be 69 percent owned by EMC and 31 percent owned by its publicly traded affiliate VMware Inc, according to EMC Chief Executive Joe Tucci.

WASHINGTON, March 13- A defense contractor better known for building jet fighters and lethal missiles says it has found a way to slash the amount of energy needed to remove salt from seawater, potentially making it vastly cheaper to produce clean water at a time when scarcity has become a global security issue.