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  • MADRID, Jan 29- The potential tie-up between Spanish energy firm Gamesa and Siemens's wind business would involve the German engineering group owning just over half, a source directly involved in the talks said. "It is roughly a merger of equals. The source added that the corporate headquarters of the combined entity would be located in Spain.

  • PARIS, Jan 29- France is to sign a deal with Cuba next week to ease the Caribbean island nation's bilateral debt to Paris during a visit by the Cuban president to the French capital, a diplomatic source said on Friday. With ties between Washington and Havana warming, France is eager to further improve relations with Cuba starting with a visit by French President...

  • BERLIN/ FRANKFURT, Jan 29- German politicians and auto executives will discuss creating incentives worth up to 5,000 euros to boost sales of electric and hybrid cars, a senior ally of Chancellor Angela Merkel said on Friday. Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020, but has so far made little progress in encouraging...

  • But CNN said the debate was still rated more highly than coverage of a rally at the same time that was hosted by Trump, who boycotted the Fox News event in a fight with the network. Citing early data from measurement company Nielsen, CNN said the Fox News debate in Iowa on Thursday had a household rating of 8.4, beating only an earlier debate on the less-prominent Fox...

  • *Tin boosted by talk of China stockpiling. LONDON, Jan 29- Copper rose on Friday as traders and funds expecting tighter supplies reversed their bets on lower prices, although uncertainty about Chinese demand is expected to cap gains ahead of the Lunar New Year holiday. Metals are possibly mimicking the oil market and there has been this supportive news from...

  • Jan 29- Boeing Co's latest jetliner, an update of its best-selling 737 model, was due to take off as scheduled on Friday morning, the company said. The first flight of the 737 MAX, was expected between 9:30 a.m. and 10 a.m. PST, slightly sooner than expected to "stay ahead of bad weather," Boeing said. The 737 MAX has new and other refinements that improve fuel efficiency.

  • BUENOS AIRES, Jan 29- Argentina's central bank on Friday sealed a deal for a $5 billion loan from international private banks, two sources at banks involved in the deal told Reuters. "The banks are transferring the money right now," said one source, who asked not to be named. The source added that the interest rate on the loan would be the Libor rate plus 6.15 points.

  • *Japan move turns focus back on ECB, Fed. LONDON, Jan 29- Euro zone bond yields tumbled on Friday, with German yields recording their biggest monthly fall in over 3-1/ 2- years following a surprise move by the Bank of Japan to adopt negative interest rates. In Europe, Germany's 10- year Bund yield fell 7 basis points to 0.26 percent, its lowest level since late April 2015.

  • *Iran won't join immediate OPEC production cut- report. NEW YORK, Jan 29- Oil prices retraced early gains in volatile trade, and U.S. crude turned negative on Friday after news Iran would not participate in a possible deal between OPEC and other producing countries to trim output. Russia, a major non- OPEC producer, this week said it could cooperate with the...

  • *U.S. data lifts dollar further after BoJ decision. NEW YORK, Jan 29- The dollar rose sharply on Friday, hitting a six-week high versus the yen, after the Bank of Japan took one of its main interest rates into negative territory and U.S. gross domestic product data largely matched economists' expectations. The BOJ rate cut "underscores the whole monetary policy...

  • RIO DE JANEIRO, Jan 29- Oil and gas fields already paid for and in production can sustain Brazilian state-run company Petroleo Brasileiro SA for two to three years of low prices, a board member for the firm told reporters on Friday. Today, the cost to carry on production will cost less or nearly nothing, "Petrobras board member Segen Estefen told reporters at an event...

  • SAN DIEGO, Jan 29- A proposal for an online auction that could shake up the U.S. pricing model for cattle is set to make its public debut on Friday after a test run last week, with the support of a unit of the world's largest meatpacker. Ed Greiman, chair of the National Cattlemen's Beef Association's Cattle Marketing and International Trade Committee, said he...

  • LONDON, Jan 29- If there were any suggestion that the fears that have gripped stock markets since the start of 2016 were the isolated stuff of paranoid financial investors, that evaporated with Friday's shocking meeting of the Bank of Japan. Instead, first the ECB's Mario Draghi and now the BoJ's Haruhiko Kuroda, stunning economists by cutting interest rates...

  • WARSAW/ BRUSSELS, Jan 29- A new pipeline to double Russian gas flows to Germany will only go ahead if Russia does not cut off Ukraine and eastern European gas flows, German Vice Chancellor Sigmar Gabriel told the Polish government on Friday. During a day-long visit to Poland, Gabriel sought to calm Polish fears, saying he had told Moscow that Nord Stream-2 could only...

  • *BOJ unexpectedly adopts negative rates in big stimulus step. NEW YORK, Jan 29- Global equities jumped and the yen slumped against the dollar after the Bank of Japan stunned markets by introducing negative interest rates, while hopes the U.S. Global equities surged, the yen tumbled and sovereign debt rallied after the BOJ said it would charge 0.1 percent for...

  • NEW YORK, Jan 29- Twenty-eight year old Margaret Davis was making nice money as a writer in the legal department of a big pharmaceutical company in New York. She liked her coworkers and enjoyed the job on a day-to-day basis- except it was not going anywhere. Davis is not alone. Sixty percent of millennials, ages 22-32, have changed jobs between one and four times in the...

  • A new deal is crucial for the many thousands of businesses that until late last year relied on "Safe Harbour", a framework which protected Europeans' data moving to the United States, when it was struck down by an EU court over concerns about U.S. European Union data protection law says companies cannot transfer EU citizens' personal data to countries outside the...

  • *Erdogan to visit Chile, Ecuador, Peru. ANKARA, Jan 29- President Tayyip Erdogan heads to Latin America on Sunday with the aim of boosting trade ties as Turkey seeks to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East. Turkey has been slowly strengthening its relationship with Latin America since the late...

  • DOLLAR RISES AND ON REPORTS IRAN WILL NOT SUPPORT EMERGENCY OPEC MEETING- TRADERS.

  • Jan 28- The U.S. Food and Drug Administration approved Eisai Co Ltd's drug derived from sea sponge for a rare type of soft tissue cancer. The drug, Halaven, was approved for use in patients who have undergone chemotherapy with drugs derived from a type of bacteria, the FDA said on Thursday. Halaven, derived from a marine sponge called Halichondria okadai, was approved...