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  • LONDON, Feb 2- Queen Elizabeth fears that Britain will be shocked by the different style of monarchy Prince Charles is planning, according to a new biography of her heir apparent. 'Charles: The Heart of a King' claims that the 66- year-old prince's passion for embracing sometimes unusual causes has prompted disquiet at Buckingham Palace, where Elizabeth, 88, is set...

  • OSLO, Feb 2- The West must be ready for a long standoff with Russia over Ukraine and not quickly resume normal ties as it did after the 2008 Georgian war, a top NATO official said on Monday. The war severely damaged relations between Moscow and the West, but drew no direct sanctions, and the European Union and NATO quickly went back to business as usual with Moscow.

  • US, BRENT OIL OFF EARLY HIGHS AFTER GENSCAPE ESTIMATE OF MORE THAN 2 MLN BARREL CRUDE BUILD IN CUSHING SINCE JAN 30.

  • Feb 2- Chinese video-on-demand provider You On Demand Holdings Inc said it would show Twentieth Century Fox movies in China after the two companies signed a licensing agreement. You on Demand's shares soared 44 percent at $2.95 in morning trading. Some of the movies that will be available to You On Demand's subscribers include A-Team starring Bradley Cooper...

  • Feb 2- The pace of growth in the U.S. manufacturing sector slowed in January more than expected, according to an industry report released on Monday. The Institute for Supply Management said its index of national factory activity fell to 53.5 from 55.1 the month before. The reading was shy of expectations of 54.5, according to a Reuters poll of economists.

  • WASHINGTON, Feb 2- U.S. construction spending rose less than expected in December, with private outlays barely rising amid declines in investment in power and transportation projects. Construction spending rose 0.4 percent to an annual rate of $982.1 billion, the Commerce Department said on Monday. November's construction outlays were revised up to show a...

  • HONG KONG, Feb 2- Jack Ma, chairman of Chinese e-commerce giant Alibaba Group Holding, said on Monday he hoped the company's financial affiliate would list in Asia at some point, but that no decision on the timing or location had been made. Alibaba spun out Alipay, seen as a corporate crown jewel, in 2011. Its executives, including Ma, maintain control.

  • MONROVIA, Feb 2- Liberia began a trial of experimental Ebola vaccines on Monday, involving thousands of volunteers as part of an effort to slow the spread of the deadly haemorrhagic fever and prevent future outbreaks. The epidemic has killed more than 8,800 people in West Africa since it began more than a year ago, overwhelming weak healthcare systems in Guinea,...

  • MONTREAL, Feb 2- Malaysia, which had two air disasters last year after one jet disappeared and another was shot down over Ukraine, said on Monday that real-time aircraft tracking must become a priority for the industry. While real-time tracking of commercial planes would have a financial impact, it is too vital to ignore, Malaysia said in a paper to the United...

  • LONDON, Feb 2- Crude oil prices rose on Monday as investors shrugged off a U.S. refinery strike and focused on a falling U.S. rig count that signalled lower production down the line. At 1438 GMT, Brent crude futures were up 50 cents at $53.50 a barrel, after leaping as high as $55.62 and dipping as low as $51.41, as the bulls battled with the bears. U.S. crude was up 55 cents at...

  • *Compensation bill may not be as big as initially foreseen. MADRID, Feb 2- The bill for compensating small investors that bought into Spanish lender Bankia's ill-fated share sale in 2011 should not be more than 500 million euros and will probably be split between the state and the bank, three sources familiar with the matter said on Monday. Bankia, created from the...

  • NEW YORK, Feb 2- U.S. stocks opened slightly higher on Monday, following sharp weekly declines on major indexes, led by stocks in the energy sector as U.S. crude futures prices rose. The Dow Jones industrial average rose 43.15 points, or 0.25 percent, to 17,208.1, the S&P 500 gained 6.52 points, or 0.33 percent, to 2,001.51 and the Nasdaq Composite added 6.99 points, or...

  • ADDIS ABABA, Feb 2- Ethiopia's ambition to become a manufacturing hub may hinge on Khalid Bomba's ability to transform small-scale farming just as much as it relies on new railways, roads and other more obvious signs of change in a nation once brought to its knees by famine. The 46- year-old one-time investment banker is now chief executive of Ethiopia's...

  • RIYADH/ KHOBAR, Saudi Arabia, Feb 2- Several of Saudi Arabia's largest listed companies said on Monday they would pay out hundreds of millions of dollars in bonuses, days after the new king ordered a handout to Saudi state employees to mark his accession. Saudi Arabia has sold minority stakes in big state firms and listed them on its bourse partly to expose them to...

  • Feb 2- Imperial Oil Ltd, Canada's second-largest integrated oil producer and refiner, posted a 36.5 percent fall in quarterly profit, hurt by lower crude prices as well as weaker refining and marketing margins. Imperial Oil joins a list of Canadian and U.S. oil and gas producers who have scaled back capital spending plans for 2015, following a sharp decline in oil...

  • LONDON, Feb 2- The value of merger and acquisition deals worldwide soared 28 percent in January compared with the same month last year, with the Asia-Pacific region enjoying its best start to a year on record, according to Thomson Reuters data. Deals in the Asia-Pacific accounted for 43 percent of the total, up from 20 percent last January, beating both Europe and...

  • Feb 2- The U.S. Food and Drug Administration approved a drug developed by Eli Lilly and Co and Boehringer Ingelheim Pharmaceuticals Inc to improve blood sugar control in type-2 diabetes patients, the companies said. "Half of people with type-2 diabetes do not achieve recommended blood sugar control, making new treatment options more important than ever," Eli...

  • LONDON, Feb 2- Russian debt insurance costs and yield spreads on sovereign dollar bonds are near six-year highs, surpassing those of countries such as Pakistan whose credit ratings are several notches lower. Russia is rated Baa3 by Moody's and BBB- by Fitch, their lowest investment-grade ratings, while Standard& Poor's cut its rating to a "junk" grade BB+ last week.

  • NICOSIA/ LONDON, Feb 2- Greek Prime Minister Alexis Tsipras ruled out seeking aid from Russia and said on Monday he would pursue negotiations for a new debt agreement with European partners, but saw little sign of compromise from Germany. Tsipras and his finance minister Yanis Varoufakis are touring European capitals this week in a diplomatic offensive to...

  • DETROIT, Feb 2- The number of eligible claims for deaths and injuries linked to the defective General Motors Co ignition switch that led to the recall of 2.6 million older cars should rise, an official responsible for administering the victim compensation fund said on Monday. The number of deaths deemed eligible for compensation under the program established...