*2012 trade deficit with China at record high. The country's trade gap narrowed to $38.5 billion during the month, Commerce Department data showed on Friday. A separate report from the Commerce Department showed wholesale inventories unexpectedly declined in December, which offsets some of the gains to GDP from trade.
*Adjusted profit C $0.61 vs Street view C $0.48. *Shares down 5.95 percent at C $34.46 on TSX. TORONTO, Feb 7- Teck Resources Ltd warned on Thursday that global economic uncertainty would weigh on demand for coal through the first half of 2013, sending shares of the diversified Canadian miner down more than 5 percent.
SAN FRANCISCO, Feb 8- Apple Inc's move to eliminate from its charter the ability to issue preferred shares without first getting shareholder approval has received the support of the largest public pension fund in the United States, and an influential proxy firm.
*Possible bidders include Westinghouse, Areva. *London and Berlin open to sale, Dutch prefer status quo. Germany, Britain and the Netherlands, which set up Urenco more than forty years ago, have a duty to ensure secret technology that could be used to make an atomic bomb does not fall into the wrong hands.
The level of credit needed to spur economic growth has grown five-fold since the 1980 s, said Gross, who is a founder and co-chief investment officer of Pacific Investment Management Co. He likened the need for more and more government stimulus to produce ever-diminishing rates of growth to Japan's experience over the past decade.
*Two feet of snow to blanket most of Boston area. BOSTON/ NEW YORK, Feb 8- A blizzard slammed into the northeastern United States on Friday, snarling traffic, disrupting thousands of flights and prompting five governors to declare states of emergency in the face of a fearsome snowstorm.
PARIS, Feb 6- The planned sale of nuclear fuel vendor Urenco has put the spotlight on ultra-secret uranium enrichment technology. To understand that process, think about orange juice. To get one glass of juice, you can put three oranges in the juicer and press gently, or put two, and squeeze very hard.
The company reported net income of $120.2 million, or $1.26 per share, down from $135.4 million, or $1.34 per share, a year earlier. As use of medical services has fallen during the past few years with the economic downturn, Lab Corp and competitors have also been hurt.
*Coming up: USDA monthly supply-and-demand report; 1700 GMT. LONDON/ SYDNEY, Feb 8- U.S. corn was flat on Friday, as the market awaited clearer direction from a monthly supply-and-demand report from the U.S. Department of Agriculture later in the day.
It was sold legally before the U.S. Food and Drug Administration gained the power to regulate drugs in 1938.. It was widely used to treat weight-loss during World War Two and afterwards, but was eventually banned as an obesity medication by the FDA in 1979..
LONDON/ FRANKFURT, Feb 7- The United States and Britain will by mid-year levy more fines against those alleged to have been involved in interest rate rigging, with broker ICAP and U.S. bank Citigroup among names in the spotlight, sources close to the probe said.
VIENNA, Feb 8- An Austrian court has ruled against Bank Austria in a case brought by an investor over a fund linked to Bernard Madoff, the U.S. financier convicted of fraud.
WASHINGTON, Feb 5- The U.S. government is accusing Standard& Poor's of defrauding investors and causing them billions of dollars in losses in one of the most ambitious cases yet from the Justice Department over conduct tied to the 2007-2009 financial crisis.
SYDNEY, Feb 6- The Pacific Tsunami Warning Center cancelled tsunami warnings and watches covering large areas of the South Pacific on Wednesday after a strong earthquake near the Solomon Islands. A small tsunami was generated near the epicentre of the 8.0 magnitude quake, the center reported earlier.
BAGHDAD, Feb 3- Foreign investors bought more than two-thirds of Iraqi mobile operator Asiacell's $1.35 billion share sale, with parent Qatar Telecom expected to have increased its stake.
NEW YORK/ HOUSTON, Feb 6- A decision by Duke Energy Corp to retire rather than repair its damaged Crystal River reactor in Florida may signal the shutdown of other older U.S. nuclear plants as weak natural gas prices make significant investment in them uneconomical.
*PFZW has 9.3 bln euros in commodity markets investment. AMSTERDAM, Feb 4- The two biggest pension funds in the Netherlands plan to maintain investment in commodities even after their latest quarterly reports showed commodities as their worst performing asset class and a big U.S. fund halved its exposure.
Feb 7- Video games maker Activision Blizzard Inc reported higher revenue in the fourth quarter. The world's largest videogame publisher said non-GAAP revenue, adjusted for the deferral of digital revenue and other items, rose 8.3 percent to $2.6 billion from $2.4 billion a year ago, surpassing Wall Street's average revenue forecast for $2.44 billion.
*Budget plan sets ceiling of 960 bln euros for 2014-2020 spending. BRUSSELS, Feb 8- European Union leaders agreed the framework of a new long-term budget on Friday after 15 hours of through-the-night negotiation, laying the ground for 960 billion euros of spending on agriculture, aid and scientific research in the years ahead.
*Fiery rhetoric from Iran leader spooks oil markets. *Goldman Sachs sees tight global oil inventories. LONDON, Feb 8- Oil surged to a nine-month high above $118 per barrel on Friday as robust trade data from China strengthened the outlook for demand and rising tension in the Middle East stoked concern over supply.