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  • NEW YORK, Jan 22- The euro sank to a more than 11- year low against the dollar and a three-month low against the yen on Thursday after the European Central Bank launched a landmark bond-buying program that will pump hundreds of billions into a sagging euro zone economy. The ECB said it would buy government bonds from this March until the end of September 2016...

  • BOSTON, Jan 22- Janus Capital Group Inc's new star bond fund manager also turns out to be one of the fund firm's top investors. Shares of the Denver company rose 11 percent on Thursday after fourth-quarter earnings came in above expectations with the help of new hire Bill Gross, even as it acknowledged that half the money in his fund came from Gross himself.

  • MEXICO CITY, Jan 22- A deal on a 12- nation Asia-Pacific trade pact could be concluded in mid-March, Mexican Economy Minister Ildefonso Guajardo said on Thursday. "It's feasible," Guajardo told Reuters after holding talks in Mexico earlier this week with U.S. The pact, known as the Trans-Pacific Partnership, has faced stumbling blocks, in significant part because...

  • *European shares hit seven-year high, Wall Street rises. NEW YORK, Jan 22- Wall Street jumped and European shares climbed to a seven-year high on Thursday as world markets cheered a European Central Bank stimulus program worth more than one trillion euros, while the euro slipped to an 11- year low. "It's likely to impact yields everywhere," said Aaron Kohli, an...

  • DAVOS, Switzerland, Jan 22- The GAVI global vaccines alliance is seeking to raise $7.5 billion at a funding conference in Berlin next week, as its battle to prevent infectious diseases in millions of children reaches an expected peak. The economic benefits of that will be some $80 billion and $100 billion, underscoring the cost-effectiveness of vaccines as a...

  • MEXICAN ECONOMY MINISTER SAYS DEAL TO CONCLUDE TRANS-PACIFIC PARTNERSHIP TRADE TALKS IS "FEASIBLE" IN MID-MARCH.

  • UPDATE 1-Agrium shares rise on dividend, buy-back news Thursday, 22 Jan 2015 | 12:59 PM ET

    Jan 22- Canadian fertilizer and farm retail dealer Agrium Inc said it would pay out a larger percentage of its free cash flow as dividends and buy back up to 5 percent of its shares, driving its stock up as much as 5.6 percent. Agrium said it would pay out 40-50 percent of its free cash flow as dividends, up from its earlier target of 25-35 percent. Agrium, which mines...

  • DETROIT, Jan 22- German automakers BMW and Volkswagen are joining with ChargePoint to build a U.S. network of fast-charging stations for electric cars and plug-in hybrid vehicles, the companies said Thursday. East and West Coasts by the end of 2015 as part of an effort to promote greater sales of EVs such as the BMW i3 and the VW e-Golf. Tom Gage, chairman of EV Grid and...

  • New York City subway, bus fares to increase Thursday, 22 Jan 2015 | 12:58 PM ET

    NEW YORK, Jan 22- New York City's Metropolitan Transportation Authority voted on Thursday to increase subway and bus fares on the nation's largest mass transit system in March. The cost of riding a subway or bus will increase to $2.75 from $2.50 and riders will get an 11 percent bonus by putting $5.50 or more on a Metrocard, which is used for access to the system, the...

  • NEW YORK, Jan 22- Calling it a play on falling U.S. gas prices, the portfolio manager of the one of the top-performing large-cap value funds over the last decade recently purchased slightly more than 1 million shares of Dunkin' Brands Group Inc, parent company of Dunkin' Donuts and Baskin-Robbins. Dunkin' Brands shares fell nearly 10 percent over two days after the...

  • FACTBOX-How ECB will print money and share the risk Thursday, 22 Jan 2015 | 12:55 PM ET

    FRANKFURT, Jan 22- The European Central Bank is launching a one-trillion-euro- plus money printing programme to bolster the flagging euro zone economy. That figure includes rebundled private debt, asset-backed securities and covered bonds, typically worth about 10 billion euros, on top of the roughly 50 billion euros in state bonds. *12 percent of the buying...

  • DUBLIN/ FRANKFURT, Jan 22- Business leaders in Europe gave a mixed welcome to the European Central Bank's moves to bolster growth and inflation in the euro area on Thursday, with many- especially in Germany- concerned the programme could delay unpopular economic reforms. "This is a step in the right direction and we'll have to watch and see how it plays out," Swiss...

  • WASHINGTON, Jan 22- The head of the U.S. Senate committee responsible for trade said on Thursday he wanted to introduce a bill by the end of January that grants the White House authority to fast track trade deals. Trade Representative Michael Froman said on Wednesday any deal would still take several months to pass through Congress. Obama asked Congress this week...

  • ATLANTIC CITY, NJ/ NEW YORK Jan 22- New Jersey Governor Chris Christie on Thursday appointed a turnaround team, including former Detroit emergency manager Kevyn Orr, for Atlantic City in a step the struggling casino town has resisted. The team will be led by Emergency Manager Kevin Lavin, who previously worked for business and turnaround consultancy FTI.

  • HONG KONG, Jan 22- International law firm Dentons and China's Dacheng Law Offices have agreed on a merger that is expected to create the world's largest law firm and would be only the second time a global firm and a domestic Chinese firm have joined forces. A spokeswoman for Dentons said partnerships of both firms had approved the deal and that China's Ministry of...

  • FRANKFURT, Jan 22- The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy. The ECB said it would purchase sovereign debt from this March until the end of September 2016, despite opposition from Germany's Bundesbank and...

  • Cadillac says small SUV at least four years away Thursday, 22 Jan 2015 | 12:22 PM ET

    WASHINGTON, Jan 22- General Motors Co's Cadillac brand is at least four years away from introducing a small sport-utility vehicle which is a critical part of expansion plans, the brand's president said on Thursday. Small luxury SUVs are a fast-growing segment in the United States, China and Europe. Cadillac's main rivals, including Ford Motor Co's Lincoln brand...

  • LONDON, Jan 22- European government borrowing rates plummeted to record lows, the euro weakened and stock markets rallied on Thursday after the European Central Bank launched a landmark bond-buying programme. The stubbornly stagnant euro zone economy and falling consumer prices in the currency bloc prompted the ECB to unveil a 60 billion euro a month...

  • Jan 22- Verizon Communications Inc said on Thursday that quarterly revenue rose 6.8 percent as it added more customers during the competitive holiday season but profit margins narrowed in its wireless business due to pricing and promotions. Shares in Verizon fell 2.5 percent to $47.06 on the New York Stock Exchange, while the S&P Telecom Services Sector fell...

  • *ECB to buy 60 billion euros of government bonds each month. NEW YORK, Jan 22- Crude oil futures tumbled on Thursday after the Energy Information Administration announced the largest build in U.S. crude stocks in at least 14 years. U.S. crude fell more than 3 percent after the announcement, tumbling $1.54 to trade at $46.24 by 11:57 a.m. EST.