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  • Feb 5- Online food-order-and-delivery company GrubHub Inc reported a 49.5 percent rise in quarterly revenue as more diners used its services to order meals. The company's net income rose to $10.8 million, or 13 cents per share, in the fourth quarter ended Dec. 31, from $2.2 million, or 3 cents per share, a year earlier. GrubHub said the number of active diners using its...

  • *Trade deficit widens to $46.6 billion in December. WASHINGTON, Feb 5- The U.S. trade deficit in December widened sharply to its highest level since 2012 as a stronger dollar appeared to suck in imports and weigh on exports, which could see the fourth-quarter economic growth estimate revised lower. The Commerce Department said on Thursday the trade deficit...

  • Greek PM pledges end to EU-enforced austerity policies Thursday, 5 Feb 2015 | 9:10 AM ET

    ATHENS, Feb 5- Greek Prime Minister Alexis Tsipras pledged on Thursday to "put an end once and for all" to the European Union's austerity policies and to bargain hard for a new deal for Greece. "Greece won't take orders any more, especially orders through emails," he said. Speaking in parliament after a tour of various capitals in Europe, Tsipras said his new government...

  • NEW YORK, Feb 5- The U.S. weather forecaster on Thursday maintained its forecast for a 50-60 percent chance of El Nino conditions during the Northern Hemisphere winter and early spring, with neutral conditions expected thereafter. The Climate Prediction Center, an agency of the national Weather Service, in its monthly report kept its outlook unchanged for the...

  • LONDON, Feb 5- Oil rose towards $56 a barrel on Thursday, recovering from part of the previous session's drop, although traders and analysts said the prospect of a further, sustained rally from near six-year lows looked weak. Brent crude rose $1.69 to $55.85 a barrel by 1345 GMT, having fallen more than a dollar intra-day earlier and settling 5.5 percent lower on...

  • *Pfizer to buy Hospira for about $15 billion. *Twitter gains after Bloomberg reports deal with Google. *Michael Kors tumbles after results, outlook.

  • Feb 5- Drugmaker Pfizer Inc said it would buy Hospira Inc for about $15 billion to boost its portfolio of generic injectible drugs and biosimilars, or copies of biotech drugs. Pfizer offered $90 per share in cash, a 39 percent premium to Hospira's closing stock price on Wednesday. Hospira soared 35 percent to near $88 before the bell Thursday, while Pfizer was up 3.6...

  • "We want to know about donations that he solicited, legal or illegal, from people who had contracts with Petrobras," prosecutor Carlos Fernando dos Santos Lima said at a press conference in Curitiba, where the probe is based. Police and prosecutors have found evidence that former Petrobras executives and firms that had contracts with the company funneled...

  • VIENNA, Feb 5- The European Central Bank may again accept Greek bonds in return for funding should Athens agree on a new bailout programme with international creditors, ECB Governing Council member Ewald Nowotny was quoted as saying. The ECB decided on Wednesday to revoke a waiver allowing it to accept Greek debt. Nowotny said in an interview with the nzz.at...

  • Feb 5- Nu Skin Enterprises Inc, a direct seller of anti-ageing and nutritional products, reported a near 63 percent drop in quarterly profit, hurt by a strong dollar and as revenue more than halved in Greater China, its largest market. Greater China, comprising Mainland China, Hong Kong, Macau and Taiwan, accounted for 37 percent of Nu Skin's revenue in the year ended...

  • LONDON, Feb 5- A decade ago McDonald's UK business needed better menus and a fresh image to catch up with consumer tastes. The man from Watford, northwest of London, first made his mark in 2006 when he revived British sales by improving the brand's burgers, cutting the salt in its fries and introducing fresh, healthier food alongside organic milk and better coffee.

  • Feb 5- Diesel engine maker Cummins Inc cut its full-year revenue forecast, citing weak demand in international markets and a strong dollar, sending its shares down about 3.6 percent in premarket trade on Thursday. The company, which gets more than half its revenue from outside the United States, said it now expected full-year revenue of $19.61 billion to $20...

  • OTTAWA, Feb 5- Canada's trade deficit almost doubled to C $649 million in December as a slide in oil prices continued to hit the value of exports, Statistics Canada said on Thursday. As a result, the trade surplus with the United States edged down to C $3.12 billion from C $3.17 billion in November. Consequently, Canada posted a C $5.17 billion trade surplus with the...

  • Feb 5- Estee Lauder Cos Inc said full-year sales would fall more than it had forecast, hurt by a stronger dollar and slowing growth in Hong Kong and China. The maker of M.A.C., Bobbi Brown and Estee Lauder cosmetics, said it now expected adjusted earnings of $2.93- $3.01 per share on net sales decline of up to 2 percent for the year ending June 30. Estee Lauder received...

  • WASHINGTON, Feb 5- A group of high-profile CEOs on Thursday called on world leaders to agree to bring the balance of greenhouse gas emissions to zero by mid-century in a global climate change deal to be finalized in Paris in December. The leaders of B Team, a coalition about 12 CEOs and policymakers including Virgin founder Richard Branson, Unilever chief Paul...

  • ROME, Feb 5- World food prices are unlikely to rise much from their four-year slump as long as high production, low oil prices and limited import demand continue, a senior economist for the United Nations food agency said on Thursday. The United Nations Food and Agriculture Organisation's global food price index fell in January, continuing an almost...

  • UPDATE 1-Georgia may cut 2015 economic growth forecast Thursday, 5 Feb 2015 | 8:32 AM ET

    TBILISI, Feb 5- Economic growth in the former Soviet republic of Georgia should exceed 4 percent this year, its finance minister said on Thursday, indicating it will miss an official forecast of 5 percent. Like a number of other former Soviet states, Georgia's economy and its currency are suffering from the side-effects of a plunge in the Russian rouble and the...

  • U.S. productivity falls in Q4; labor costs rise Thursday, 5 Feb 2015 | 8:31 AM ET

    WASHINGTON, Feb 5- U.S. nonfarm productivity braked more sharply than expected in the fourth quarter, while unit labor costs rebounded after falling in the prior three months. The Labor Department said on Thursday productivity fell at a 1.8 percent annual rate after rising at a revised 3.7 percent pace in the third quarter. Economists had forecast productivity,...

  • U.S. jobless claims rise less than expected Thursday, 5 Feb 2015 | 8:31 AM ET

    WASHINGTON, Feb 5- The number of Americans filing new claims for unemployment rose less than expected last week, a sign that the labor market continues to strengthen. Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 278,000 for the week ended Jan. 31, the Labor Department said on Thursday. Claims for the week ended Jan. 24...

  • U.S. December trade deficit largest since 2012 Thursday, 5 Feb 2015 | 8:31 AM ET

    WASHINGTON, Feb 5- The U.S. trade deficit in December widened sharply to its highest level since 2012 as imports rose despite a lower energy bill, which could see the fourth-quarter growth estimate revised down. The Commerce Department said on Thursday the trade deficit jumped 17.1 percent to $46.6 billion, the largest since November 2012.