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  • Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will meet in the Qatari capital Doha, where they will be joined by ministers from OPEC members Qatar and Venezuela. The meeting revives memories of a 2001 encounter between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia pushed through a global deal to curb...

  • Feb 15- Biopharmaceutical company Amgen Inc said on Monday its Aranesp drug met its primary goal of reducing the incidence of red blood cell transfusions in anemic patients suffering from Myelodysplastic Syndromes in a phase 3 trial. Amgen last year reached a $71 million settlement with 48 U.S. states and the District of Columbia to resolve claims that it...

  • RANCHO MIRAGE, Calif./ WASHINGTON, Feb 15- The White House on Monday said President Barack Obama had started preliminary discussions with his team about naming a Supreme Court justice nominee and accused Republicans of "bluster" for saying they would not confirm his pick. White House spokesman Eric Schultz told reporters that Obama would seek a nominee who...

  • *BOJ to implement Jan. 29 decision on negative rates. TOKYO, Feb 16- The Bank of Japan implements negative interest rates on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo's lack of options to spur growth as global markets sputter. "It's getting clearer that Abenomics is a paper tiger," said Seiya Nakajima, chief economist...

  • FRANKFURT, Feb 15- Deutsche Bank employees alleged to have evaded tax when buying and selling carbon emission certificates had concerns over whether their trading activity was legal but carried on anyway to maximize profits, a Frankfurt court heard on Monday. A Frankfurt prosecutor said on the first day of the trial that between August 2009 and March- April...

  • SAO PAULO, Feb 15- Net income at Banco Safra SA, a non-listed Brazilian bank owned by billionaire financier Joseph Safra, rose 6.9 percent last year, half the increase posted in the prior year, as defaults doubled and loan-loss provision expenses jumped. The bank did not disclose data on interest and fee income, although it said non-interest expenses rose 11.7...

  • The secret talks between Saudi Arabia's oil minister Ali al-Naimi and his Russian counterpart Alexander Novak will take place in the Qatari capital of Doha and the two men will be joined by ministers from OPEC members Qatar and Venezuela. Such talks have revived memories of the 2001 deal between OPEC and non- OPEC producers when OPEC heavyweight Saudi Arabia...

  • *Saudi, Russia, Venezuela, Qatar oil ministers to meet on Tuesday- sources. *Consensus growing within OPEC to counter price fall- Nigeria. LONDON, Feb 15- Oil prices rose nearly 2 percent on Monday on news that ministers from Saudi Arabia, Russia, Qatar and Venezuela would hold a previously unpublicised meeting in Doha this week, adding to speculation of a global output...

  • BRUSSELS, Feb 15- Panic rather than love may keep Britain in the European Union when voters cast their ballots in a referendum, probably in June, on whether to stay in the 28- nation bloc under Prime Minister David Cameron's "new settlement." That was how the British political establishment managed by the skin of its teeth to hold the United Kingdom together in 2014,...

  • The meeting is the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.

  • The meeting was the latest sign of renewed efforts by OPEC members to try to tackle- possibly together with non- OPEC producers- one of the worst oil gluts in history, which has pushed oil prices to the lowest in more than a decade.

  • LONDON/ MOSCOW Feb 15- Emerging market funds starved of new sovereign debt this year should relish the prospect of Russia selling $3 billion of bonds- but their lawyers are warning them of guilt by association. That helped cut Russian Eurobond sales last year to under $3 billion, a fraction of the amounts raised each year before sanctions. The Russian state itself,...

  • MILAN, Feb 15- European shares rose sharply for the second consecutive session on Monday, boosted by a rebound in banking stocks and French telecoms shares prompted by signs of takeover activity in the sector. But bank stocks rose on Monday as investors welcomed plans by the European Central Bank to buy bundles of Italian bad bank loans as part of its...

  • *Consensus growing within OPEC to counter price fall- Nigeria. *Russia not discussing production cut with OPEC- Interfax. Non- OPEC member Russia said on Monday it was in talks on coordinated output cuts with individual OPEC members, mainly Venezuela, but not with the organisation itself, news agency Interfax quoted Russia's representative to OPEC as saying.

  • BRUSSELS, Feb 15- Thousands of steel workers marched through Brussels on Monday to demand the European Union maintain its defences against cheap Chinese imports, which industry chiefs said were destroying jobs and the environment. The Commission is scheduled to propose later this year whether to grant China market economy status, which Beijing says is its...

  • ESSEN, Germany, Feb 15- Fees charged by German power and gas network operators will fall further over the next few years, so would-be investors in the lucrative sector should factor in lower earnings in future, the head of the federal network agency said on Monday. Jochen Homann, president of the Bundesnetzagentur, said fees will be cut again for the next five-year...

  • BRUSSELS/ FRANKFURT, Feb 15- The European Central Bank is ready to ease policy further in March, President Mario Draghi said on Monday, highlighting risks from financial market volatility, a global slowdown in growth and low oil prices. The ECB has missed its inflation target of close to 2 percent for three straight years and policymakers fear that a failure to get...

  • LONDON, Feb 15- Euro zone long-term inflation expectations rebounded from record lows on Monday after China's central bank fixed the yuan rate stronger, easing some recent worries about a devaluation. Portuguese 10- year bond yields were around a percentage point down from last week's highs hit when investors became worried about China's economic slowdown...

  • LONDON, Feb 15- Gold fell nearly 3 percent on Monday as a rebound in stock markets pointed to a sharper appetite for risk, pulling prices further from last week's one-year high. The metal is coming off its strongest weekly rise in more than four years, having peaked at $1,260.60 an ounce on Thursday, its highest since Feb. 6 last year, as turmoil in global equities...

  • LONDON, Feb 15- The cost of hedging against swings in sterling's value over the next week has jumped to its highest since last May's UK election, before a summit where Prime Minister David Cameron seeks a deal to keep Britain in the EU. Cameron will meet European Union leaders on Thursday for two days of talks which he hopes will produce more favourable terms for...