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  • VENEZUELA PRESIDENT MADURO SAYS WILL MAINTAIN 6.3 BOLIVAR PER DOLLAR RATE FOR FOOD, MEDICINES.

  • TOKYO, Jan 22- Japanese government bond prices resumed rising on Thursday as investors picked up bargains after the market dipped in response to the Bank of Japan's decision to stand pat on monetary policy. Market activity was subdued as a wait-and-see mood prevailed ahead of the closely-watched European Central Bank meeting later in the day.

  • Jan 21- JPMorgan Chase& Co Chief Executive Officer Jamie Dimon received a bigger pay package in 2014 than the $20 million he was given the year before, the Wall Street Journal reported, citing people familiar with the matter. Two years ago, Dimon's pay was cut in half to $11.5 million for 2012, which was the year JPMorgan traders handling company accounts lost $6.25...

  • VENEZUELA PRESIDENT MADURO SAYS OIL WON'T RETURN TO $100 PER BARREL.

  • CARACAS, Jan 21- OPEC member Venezuela's recession-hit economy shrunk 2.8 percent in 2014 while inflation topped 64 percent, President Nicolas Maduro said on Wednesday, in almost certainly the worst performance in Latin America. In his annual address to parliament, the 52- year-old successor to Hugo Chavez blamed political foes and an "economic war" for...

  • VANCOUVER, Jan 21- The government of Alaska said on Wednesday that it had canceled the overhaul of a ferry terminal in British Columbia "for the time being," after the $15 million project became a trade dispute with Canada over "Buy America" provisions. The state, which operates the terminal as part of its Alaska Marine Highway System, said it will maintain operations...

  • SINGAPORE, Jan 22- Gold eased on Thursday, moving further away from a five-month high above $1,300 an ounce reached in the previous session, hurt by profit-taking ahead of a key European Central Bank meeting. *Spot gold fell 0.2 percent to $1,291 an ounce by 0027 GMT. *In other industry news, Indian gold importers are offering a discount of up to $16 an ounce versus...

  • NEW YORK, Jan 21- For more than eight years, Johnson& Johnson has pursued billions of dollars in damages against Boston Scientific Corp after the latter won a controversial- and ultimately ill-fated- bidding war for device maker Guidant. J&J is seeking more than $7.2 billion in damages and interest from Boston Scientific as Guidant's successor, an amount that one...

  • TOKYO, Jan 22- U.S. crude futures fell more than 1 percent on Thursday, giving up almost half the gains from the previous session, after OPEC defended its decision not to intervene to stop a collapse in oil prices since the middle of last year. *OPEC defended on Wednesday its decision not to intervene to halt the oil price plunge, shrugging off warnings by top energy...

  • TOKYO, Jan 22- Asian shares held near six-week highs on Thursday as investors bet the European Central Bank will unveil a bond-buying stimulus programme later in the day in an attempt to revive the flagging euro zone economy. The loonie skidded almost 2 percent- its biggest one-day drop since November 2011- to as far as $1.2420 per U.S. dollar, and last stood at C...

  • Jan 21- Motiva Enterprises confirmed on Wednesday that maintenance activities had begun at its Port Arthur, Texas, refinery. The 600,250 barrel-per-day refinery, the largest in the United States, informed its neighbors about the scheduled work during the next several weeks, according to a message on a community information phone line on Wednesday.

  • HOUSTON, Jan 21- Leading U.S. pipeline Kinder Morgan Inc said on Wednesday it will enter North Dakota's Bakken shale with a $3 billion acquisition of Hiland Partners, a pipeline and logistics company founded by Continental Resources Chief Executive Officer Harold Hamm. "The Bakken is the one producing basin in which Kinder Morgan doesn't have a large presence,"...

  • Jan 21- Motiva Enterprises confirmed on Wednesday that maintenance activities had begun at its Port Arthur, Texas, refinery. The 600,250 barrel-per-day refinery, the largest in the United States, informed its neighbors about the scheduled work during the next several weeks, according to a message on a community information phone line on Wednesday.

  • CARACAS, Jan 21- Venezuela's recession-hit economy contracted 2.8 percent in 2014, while inflation topped 64 percent, President Nicolas Maduro said on Wednesday. In an address to parliament, Maduro blamed Venezuela's economic problems on political opponents bent on sabotaging the economy and toppling his socialist government. The South American OPEC...

  • Northrop presses for more U.S. drone exports Wednesday, 21 Jan 2015 | 7:03 PM ET

    WASHINGTON, Jan 21- Northrop Grumman Corp Chief Executive Wes Bush on Wednesday lauded the U.S. government for approving exports of some unmanned aerial vehicles, or drones, and said more work was needed to keep up with technological advances in other countries. Bush said U.S. defense officials increasingly recognized the need to update U.S. policy given the...

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • DIARY- Top Economic Events to Feb 5 Wednesday, 21 Jan 2015 | 7:01 PM ET

    EDINBURGH, Scotland- Bank of England monetary policy committee member David Miles gives a speech at University of Edinburgh on "What can monetary policy do?" LONDON- Bank of England regulator Paul Fisher speaks at the Westminster Business Forum Insurance event- 0925 GMT. LONDON- Bank of England regulator Andrew Gracie gives speech at cyber-security conference...

  • VENEZUELA PRESIDENT MADURO SAYS 2.8 PCT ECONOMIC CONTRACTION AND INFLATION ABOVE 64 PCT IN 2014.

  • TORONTO, Jan 21- A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after a five-year run to record prices. makes up about 11 percent of Canada's GDP and about one quarter of Canadian exports in 2013.. Canada's housing market paused in...

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until mid-year due to lean inventory levels. SanDisk's failure to add production capacity in the past two years has led to the weaker-than-expected forecast,...