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  • Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for the region's biggest economy. "We actually had some better economic news out of the euro zone, obviously it all came from the strength in Germany, but nevertheless it was better," said Peter Cardillo, chief market economist at Rockwell Global...

  • *Offer values Saeta at 852 million euros. MADRID, Feb 13- Saeta Yield, the renewable energy business of Spanish builder ACS, priced its initial public offering at the low end of expectations on Friday, keen to take advantage of improving sentiment for Spanish listings. Though the renewables sector has been pummeled by Spain's six-year economic downturn and...

  • Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for the region's biggest economy and fueling optimism about growth in the broader euro zone. "We actually had some better economic news out of the euro zone, obviously it all came from the strength in Germany, but nevertheless it was better," said...

  • NEW YORK, Feb 13- U.S. stock index futures inched higher on Friday, with gains in the prior session having moved the S&P 500 to within 2 points of a closing record, after upbeat economic data from Germany and ahead of a reading on U.S. consumer confidence. *Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger...

  • ZTE's efforts to collect patent royalties- months ahead of Qualcomm Inc's China antitrust settlement this week, according to people with knowledge of the matter- shows how that deal has already changed the way China's booming smartphone industry does business. As anticipated by ZTE, a key term in the settlement dissolved Qualcomm's cross-licensing...

  • The company, which makes about 6 percent of the world's steel and is one of the world's largest iron ore producers, cut its estimate for global steel consumption because of a slowdown in China and heavy declines in Brazil and former Soviet states. The two regions account for about two thirds of ArcelorMittal's steel shipments. Chief Executive Lakshmi Mittal...

  • SINGAPORE/ MILAN, Feb 13- Over a dozen liquefied natural gas tankers are parked, many idle, in and around Singapore- one of the world's biggest trading hubs for the fuel- in a sign that the slowdown engulfing world gas markets may be worsening into a crisis. With Asian spot LNG prices down by almost two-thirds since February 2014 as slowing demand combines with rising...

  • *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. NEW YORK, Feb 12- U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15- year high, while a ceasefire agreement between Russia and Ukraine also eased tensions.

  • US STOCKS-Tech rally, Ukraine deal boost Wall Street Thursday, 12 Feb 2015 | 1:29 PM ET

    *Ceasefire deal reached between Ukraine, Russia. *TripAdvisor soars on results; Expedia to buy Orbitz. Sentiment was also boosted by a ceasefire agreement between Russia and Ukraine, which soothed concerns that tensions in the region would prove a further drag on Europe's economy.

  • Equities bask in "weird world" of negative yields Thursday, 12 Feb 2015 | 12:09 PM ET

    LONDON, Feb 12- Investors are pouring money into stocks as bond yields turn negative, setting aside concerns over whether political events and flagging growth will derail Europe's stock-market rally of the last few years. The gap between the dividend yields on European stocks versus benchmark bond yields is close to a record high of 3 percent, with the number...

  • LONDON, Feb 12- Private holders of Greek default insurance could be in for a payout of over $750 million if Greece defaults on debt owed to the European Central Bank or other public-sector creditors, lawyers said. Worries of a default have resurfaced as Athens is in a stand-off with its international lenders over its plans to end austerity measures agreed under...

  • *Ceasefire deal reached between Ukraine, Russia. NEW YORK, Feb 12- U.S. stocks were poised to open higher on Thursday, following a ceasefire agreement between Russia and Ukraine and surprising stimulus measures by Sweden's central bank, although soft economic data may keep gains in check. Leaders of Germany, France, Russia and Ukraine agreed a deal to end fighting...

  • *Ceasefire deal reached between Ukraine, Russia. NEW YORK, Feb 12- U.S. stock index futures advanced on Thursday, following a ceasefire agreement between Russia and Ukraine and surprising stimulus measures by Sweden's central bank. *Leaders of Germany, France, Russia and Ukraine agreed a deal to end fighting in eastern Ukraine, potentially removing a concern for...

  • HONG KONG, Feb 12- Regulators and banks in Hong Kong are acting to meet increasing demand for the yuan currency and to deal with elevated interbank lending rates ahead of China's Lunar New Year holiday starting next week. This tightness is mainly caused by the repatriation of yuan back to China under schemes such as Shanghai- Hong Kong stock connect.

  • Though some portfolio managers including Pimco and Van Eck Global have pared their exposure in recent months, Venezuela remains among the largest positions for U.S. funds that focus on emerging market debt. The $4.6 billion TCW Emerging Markets Income Fund also has kept an overweight position, with 5 percent of assets invested in Venezuela.

  • DETROIT, Feb 11- Tesla Motors Inc missed fourth-quarter sales targets and analysts' profit expectations, but Chief Executive Officer Elon Musk on Wednesday said by 2025 Tesla's growth trajectory could take its market value to $700 billion, matching that of Apple Inc.. It was a glimmer of optimism capping a difficult quarter that saw the electric-car company...

  • GE's move, disclosed in a filing with the U.S. Securities and Exchange Commission on Wednesday, comes at a time when regulators at the SEC are starting to more closely scrutinize proxy reforms in general. Several years ago, the SEC under then-chair Mary Schapiro adopted rules requiring public companies to let shareholders nominate directors to corporate...

  • *Europe agrees on way forward for Greece. *Apple rises after Icahn letter. NEW YORK, Feb 11- U.S. stock futures rose late on Wednesday after Europe agreed on a way forward with Greece on debt negotiations that had been holding back U.S. investors worried about European stability.

  • TREASURIES-Prices turn lower on possible Greek agreement Wednesday, 11 Feb 2015 | 5:42 PM ET

    Treasury debt prices reversed early gains and turned lower on Wednesday after a news report that Greece had reached an agreement in principle with euro zone countries over its finances. CNBC reported late on Wednesday that an agreement in principle between Greece and other euro zone governments was in place. But two official sources told Reuters that, while...

  • *PepsiCo climbs after results, Wal-Mart off on Canada plans. NEW YORK, Feb 11- The S&P 500 index finished unchanged on Wednesday as investors were reluctant to make big bets while they waited for the outcomes of major talks involving Greece and Ukraine, but Apple helped boost the Nasdaq after an activist investor's bullish comments. Adding to the market's...