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  • FDA scientists released their supportive findings ahead of a scheduled meeting on Tuesday of an independent medical advisory panel to the agency. "In considering the totality of the evidence, the data submitted by Celltrion show that is highly similar to U.S.-licensed Remicade" in treatment of rheumatoid arthritis and a related condition called...

  • MOSCOW, Feb 5- Russia's central bank said on Friday it planned to introduce higher risk coefficients for foreign-currency loans and investments in debt instruments denominated in hard currency. In particular, the bank said it planned to raise to 1.1 the risk coefficient for forex loans to companies issued after April 1 this year as well as for investments in...

  • *Iran billing new oil contracts in euros- NIOC source. NEW DELHI, Feb 5- Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief. A source at state-owned National Iranian Oil Co told...

  • LONDON, Feb 5- The dollar rose against a basket of currencies on Friday along with Treasury yields, but global stocks fell after a key U.S. jobs report painted a mixed picture of the labour market and left investors with a muddled view on rate hike prospects. Non-farm payrolls increased by 151,000 jobs last month, well below forecasts of 190,000 while the...

  • MILAN, Feb 5- European equities were steady on Friday as a rise in the shares of major banks and industrial companies offset a fall in stocks such as defense group Finmeccanica and steelmaker ArcelorMittal. Data on Friday showed that U.S. non-farm payrolls increased by 151,000 jobs last month and the unemployment rate was at 4.9 percent, the lowest since...

  • Feb 5- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low for the ninth straight session on Friday as concerns of slow global demand outweighed gains for the large-vessel segment. Average daily earnings for capesize vessels, which typically transport 150,000- tonne...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said on Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • FRANKFURT, Feb 5- Europe's drug regulator said on Friday the defective blood clotting test device used in a key trial for the approval of Bayer's top-selling anti-clotting drug Xarelto did not distort the main findings.

  • Feb 5- Chicago Stock Exchange Inc said on Friday an investor group led by China's Chongqing Casin Enterprise Group has agreed to buy the company.

  • LinkedIn's shares were set to open more than 30 percent lower at around $128, representing a loss of more than $8 billion in market value. Raymond James, Cowen and Co, BMO Capital Markets, J.P. Morgan Securities and RBC Capital Markets also downgraded the stock.

  • NEW YORK, Feb 5- U.S. Nonfarm payrolls increased by 151,000 jobs last month and the unemployment rate was at 4.9 percent, the lowest since February 2008, the Labor Department said on Friday. It makes the case that inflation is possible in the U.S. against the backdrop of a lot of the financial turmoil that we've been seeing, "said Aaron Kohli, an interest rate strategist...

  • London's bid to win exemption from the European Union goal of "ever closer union," preserve its financial sector from regulation by the euro zone and curb access to in-work benefits for EU migrant workers won backing from Poland as the meeting of national negotiators- or sherpas- began in Brussels. The powerful leader of Warsaw's new ruling party, Jaroslaw...

  • Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs. Hedge fund Starboard Value LP urged Macy's Inc last month to enter into joint ventures for its stores, including its flagship Herald Square store in New York, to realize greater value from its real estate assets. CBRE Group Inc's Capital...

  • Bayer CropScience will instead ask for an administrative law hearing from the EPA's Office of General Counsel to review the registration of flubendiamide, the active ingredient in Bayer's Belt pesticide. But the EPA's risk assessment disagreed so the agency sent Bayer the request on Jan. 29. After rejecting the EPA's request, Bayer now expects the agency to...

  • Feb 5- The U.S. Food and Drug Administration has denied the expanded use of Vertex Pharmaceutical Inc's bestseller, Kalydeco, in certain cystic fibrosis patients, the company said on Friday. Kalydeco, which brought in revenue of $632 million in 2015, is already approved to treat CF patients aged 2 and older with 10 different mutations in the CFTR gene.

  • SAO PAULO, Feb 5- U.S. power utility AES Corp as well as Brazilian rivals CPFL Energia SA and Equatorial Energia SA are among interested parties that have shown preliminary interest in buying state-controlled power distributor Centrais Elétricas de Goiás SA, a source briefed on the plan said. Other companies that have requested access to documents for the...

  • *Raises full-year profit forecast to $3.85- $3.95/ shr. Reports 1st- qtr profit $1.15/ share vs est $0.89. Beef business, which is Tyson's largest unit by sales, reported an operating profit of $71 million, compared with a loss of $6 million in the year-earlier period, due to lower livestock costs.

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was set to open lower on Friday after data showed U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded. "I'm a little surprised the markets reacted somewhat negatively to it," said Sean Lynch, co-head of global equity strategy at Wells...

  • Raising revenue and spending money are powers reserved to Congress by the U.S. The president can propose but Congress decides. The Budget and Accounting Act of 1921 requires the president to submit a unified budget to Congress each year.

  • RIO DE JANEIRO, Feb 5- Brazilian government health institute Fiocruz said on Friday it had discovered for the first time active Zika virus in saliva and urine samples and would investigate the possible transmission of the mosquito-borne virus through bodily fluids. Fiocruz made the discovery after analyzing samples from two patients and carrying out a...