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  • SINGAPORE, Feb 16- Qatar Airways threatened to cancel an order for Pratt& Whitney engines for a fleet of Airbus narrow-body jets on Tuesday, saying the newly developed powerplants had "a lot of problems". Asked at the Singapore Airshow to describe his concerns, Qatar Airways Chief Executive Akbar Al Baker said: "There are a lot of things wrong with A320neo, with the...

  • *Anglo aims to raise $4 bln asset sales in 2016 to pay debt. JOHANNESBURG, Feb 16- Anglo American said on Tuesday it plans to sell its iron ore, coal and nickel units as part of a sweeping strategic overhaul to cope with a commodities rout that has triggered a fight for survival even among heavyweight miners. Anglo wants to raise as much as $4 billion from the sale of...

  • LONDON, Feb 16- The Turkish lira extended losses on Tuesday, bucking the generally firmer trend across emerging markets as fighting raged across its border with Syria, while Ukraine's dollar bonds fell sharply as worries about the government's future grew. In emerging Europe, the Turkish lira fell 0.4 percent to a one-week low versus the dollar although stocks...

  • SINGAPORE, Feb 16- The aviation market is holding up well despite a faltering global economy, with customers finding funds for purchases and taking deliveries of planes, Boeing and Airbus said at the Singapore Airshow. A cloud had settled over the biennial event in the city-state as the ripples from China's economic slowdown and unsettled global financial...

  • *Saudi Arabia, Russia, Qatar and Venezuela agree freeze. LONDON, Feb 16- Brent crude oil futures pared gains on Tuesday after Qatar said that four of the world's largest producers agreed to freeze output at January levels, provided that other major exporters followed suit. The oil ministers of Russia and Venezuela attended the meeting in the Qatari capital,...

  • *Euro, gain as risk appetite sours. LONDON, Feb 16- The yen and euro rose against the dollar on Tuesday as a recovery in risk appetite fizzled, with European shares and oil prices falling back after earlier gains. New Zealand's dollar fell almost 1 percent after two-year inflation expectations fell to their lowest since 1994, fuelling expectations of more easing...

  • LONDON, Feb 16- European stock markets were steady on Tuesday, kept afloat by stronger energy stocks which rose as oil prices climbed on the possibility of output cuts. BP rose 2.9 percent while Total advanced 2.2 percent, as a meeting of the oil ministers of Saudi Arabia, Russia, Qatar and Venezuela heightened speculation of output cuts. Qatar, Saudi Arabia, Russia...

  • *Russia, Qatar, Venezuela join in agreement. DOHA, Feb 16- Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut but said the deal was contingent on other producers, with Iran absent from the meeting and planning to ramp up shipments. He said he hoped other producers would adopt the proposal, while...

  • DOHA, Feb 16- The oil ministers of Venezuela, Iraq and Iran will meet in Tehran on Wednesday to discuss an agreement to freeze producers' output at January levels, Venezuela's oil minister said on Tuesday. Eulogio Del Pino was speaking at a news conference in Doha after he and the ministers of Qatar, Russia and Saudi Arabia agreed to freeze output providing other...

  • DOHA, Feb 16- Freezing oil producers' output will be adequate to improve the oil market, Saudi Arabian Oil Minister Ali al-Naimi said on Tuesday. He was speaking at a news conference after he agreed with the oil ministers of Qatar, Russia and Venezuela to freeze their output at January levels providing that other major producers followed suit.

  • LONDON, Feb 16- Brent crude oil futures pared gains on Tuesday after Qatar's energy minister said his country had agreed to freeze output at January's levels, together with Saudi Arabia, Russia and Venezuela. Brent crude futures were last up 48 cents at $33.87 a barrel at 0907 GMT, having fallen back from a session high of $35.55 earlier. Oil prices have fallen by...

  • SHANGHAI/ DUBAI, Feb 16- A freight train from China arrived in Tehran on Monday, Iranian and Chinese media reported, calling it a historical first that opens a new trade link between countries seeking to strengthen ties as Iran emerges from years of economic isolation. The train, carrying 32 containers, arrived in Tehran after a 14- day, 10,399 kilometre journey...

  • BRENT CRUDE OIL FUTURES PARE GAINS AFTER QATAR ENERGY MINISTER SAYS AGREED OUTPUT FREEZE WITH SAUDI, RUSSIA, VENEZUELA.

  • MANILA, Feb 16- A legal challenge to the Philippines' rules on genetically modified organisms is threatening to spark a food crisis in the country and could cloud the outlook for GM technology around Asia. The Supreme Court was acting on a petition by environmental activists led by Greenpeace, with the move likely to be closely watched by governments elsewhere...

  • PARIS, Feb 16- French energy utility EDF saw 2015 net profit plunge 68 percent on asset impairments and cut its dividend, but the state-controlled company said it remained committed to the UK nuclear power plant project at Hinkley Point. EDF surprised analysts on Tuesday by cutting its dividend to 1.10 euros per share after paying 1.25 euros three years in a row,...

  • Feb 16- Oil ministers from Saudi Arabia, Russia, Qatar and Venezuela started a closed-door meeting in Doha on Tuesday, sources said, their highest-level discussion in months and a potentially pivotal sign that producers are preparing to tackle a devastating supply glut. The talks in the Qatari capital Doha, which had been kept under wraps until recent days,...

  • BEIJING, Feb 16- China's central bank issued a slew of measures on Tuesday to support steady growth of industries as the economic slowdown weighed on a spectrum of sectors. The People's Bank of China will guide steady growth in credit and money supply and use various tools to maintain adequate liquidity, it said in a document jointly issued with seven other top...

  • *Saudi Arabia, Russia, Qatar, Venezuela ministers meeting starts. TOKYO, Feb 16- Brent crude surged 6 percent to a near two-week high on Tuesday, as a meeting of oil ministers from Saudi Arabia, Russia, Qatar and Venezuela spurred hopes of action by the producers to tackle a devastating global supply glut that has hammered oil prices. The closed-door meeting, which...

  • MOSCOW, Feb 16- Russia could deliver up to 100 of its Sukhoi Superjet 100 short-haul passenger aircraft to Iran, Interfax news agency quoted the vice-president of Russia's state-controlled United Aircarft Corporation as saying on Tuesday. The lifting of economic sanctions on Iran has brought the Middle East nation back into the global commerce arena,...

  • *VW brand sales down, Ford, Opel post gains. VW's rivals Ford and General Motors's Opel/ Vauxhall posted rises in sales of 11.4 percent and 12.4 percent respectively, according to car registration data for European Union and European Free Trade Association countries. Registrations in Italy and Spain rose 17.4 percent and 12.1 percent, while the bigger markets of...