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  • *Nokia's patent sales run rate at 800 mln euros. HELSINKI, Feb 1- Nokia said it had settled a lengthy patent dispute with South Korea's Samsung on Monday, but investors were disappointed by the financial terms of the deal. Nokia's shares fell more than 10 percent after the Finnish firm said the Samsung deal would lift patent unit Nokia Technologies' sales to around...

  • BEIJING, Feb 1- China's central bank lent 862.5 billion yuan to financial institutions in January via its medium-term lending facility, it said in a statement on Monday. Outstanding MLF was 1.28 trillion yuan at the end of January compared with 665.8 billion yuan at the end of December 2015. The People's Bank of China has increased open market operations and...

  • SAO PAULO, Feb 1- Profit growth at Cielo SA, Brazil's No. 1 card payment processor, likely picked up in the fourth quarter as strong revenue from prepayment of receivables offset the impact of sticky costs and the worst recession in decades, a Reuters poll showed on Monday. According to the average estimate of six analysts, Barueri, Brazil- based Cielo probably earned...

  • BEIJING, Feb 1- China's foreign exchange regulator said it has not asked institutions to defer the launch of new products under the Qualified Domestic Institutional Investor program, according to a post on its official microblog on Monday.

  • *To rationalise production in Europe and Brazil. The restructuring announced on Monday includes the closure of two rolling mills in France, one threading line in Germany and a heat treatment line in Scotland, leading to the loss of about 1,000 jobs on top of previously announced cuts. "Our plan significantly adjusts our industrial footprint in Europe to address...

  • *Too early to speak of OPEC meeting- OPEC source in paper. LONDON, Feb 1- Oil fell 2 percent on Monday as weak economic data from China, the world's largest energy consumer, weighed on prices and an OPEC source played down talk of an emergency meeting to stem the decline. A senior OPEC source told a Saudi Arabian newspaper it was too early to talk about an emergency...

  • TOKYO, Feb 1- Japanese asset management firms have stopped accepting new money for their money market funds and other short-term debt funds after the central bank's adoption of negative interest rates made it difficult for funds to achieve positive returns. Major Japanese asset managers, including Mitsubishi UFJ Kokusai Asset Management, Mitsui Sumitomo...

  • AMSTERDAM, Feb 1- Dutch insurer Delta Lloyd is still discussing aspects of Europe's new solvency regime with regulators as it prepares a 1 billion euro rights issue to shore up its position. It said it was still in talks with the Netherlands' central bank about issues including the treatment of tax assets, and would update investors when it releases earnings on...

  • BUDAPEST, Feb 1- The global economy remains on a moderate recovery track but China's slowdown is of particular concern as it raises the risk of crisis returning to developed nations, European Central Bank policymaker Ewald Nowotny said on Monday. China's growth, though seemingly still rapid, is "meagre" compared to its social and demographic challenges, and its...

  • *China data sends riskier assets lower. LONDON, Feb 1- The yen steadied on Monday after its biggest one-day fall in over a year, as a rally in riskier assets prompted by the Bank of Japan's shift to sub-zero interest rates stalled after yet more weak Chinese data. Oil-rich Canada's dollar fell half a percent against its U.S. counterpart and fellow oil exporter...

  • LONDON, Feb 1- Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer found wage growth in the emerging market regions would outpace the 2.4 percent and 2.3 percent...

  • *Nokia's patent sales run rate at 800 mln euros. HELSINKI, Feb 1- Nokia said it had settled a lengthy patent dispute with South Korea's Samsung on Monday, but investors were disappointed by the financial terms of the deal. Nokia's shares fell 10 percent after the Finnish firm said the Samsung deal would lift patent unit Nokia Technologies' sales to around 1.02...

  • LONDON, Feb 1- European stock markets were steady on Monday, as a rise in the shares of major banks such as Bankia offset a fall in the telecoms sector after Nokia settled a dispute with Samsung. The pan-European FTSEurofirst 300 index, whose 6 percent fall in January was its worst monthly drop at the start of a year since 2008, rose 0.1 percent. But shares in Nokia and...

  • *China official factory PMI falls to lowest since 2012. SHANGHAI, Feb 1- Chinese shares stumbled lower on Monday after an official measure of activity in the giant factory sector fell to its lowest since mid-2012, offering no respite for markets from the country's economic drift. The Shanghai Composite Index eased 1.8 percent, while the CSI300 index of the...

  • MADRID, Feb 1- Falling bad debt charges enabled Spain's bailed-out Bankia to post a near 40 percent rise in net profit for 2015, although a legal bill linked to its troubled flotation is clouding its outlook. It is now entering a key phase for its return to private hands as Madrid, which owns around 64 percent of the bank, vowed to sell off Bankia by the end of 2017..

  • Feb 1- Hong Kong shares fell on Monday after an official survey showed China's factory activity shrank more than expected in January and by its fastest pace in nearly 3-1/ 2 years.

  • LONDON, Feb 1- Britain's BT Group posted the best revenue growth for seven years in its latest quarter, driven by a strong performance in consumer broadband and putting it in a strong position to incorporate the mobile market leader EE. The company said it would create a new division to serve businesses and the public sector in the UK and Ireland in a restructuring...

  • ZURICH, Feb 1- Swiss private bank Julius Baer is again looking for acquisitions now that a final settlement of U.S. allegations that it helped rich Americans dodge tax is within reach. Excluding the tax case, Julius Baer reported on Monday that underlying net profit rose by a fifth to 701 million Swiss francs, lagging the 729 million average in a Reuters poll.

  • A sign sits on a wall outside the offices of Julius Baer Group Ltd. in Geneva, Switzerland.

    Net profit at Swiss bank Julius Baer under IFRS accounting standards fell by two thirds in 2015.

  • DUBLIN, Feb 1- Ryanair forecast record passenger numbers will enable it to hit its annual profit target, despite falling ticket prices due to security alerts in Europe and cheaper oil. It also announced an 800 million euro share buyback over the next nine months. Ryanair hiked its full-year profit forecast by 25 percent in early September, citing poor summer...