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  • Russia's annexation of Ukraine's Crimea region last year underscored the need for Brussels to do more to safeguard the EU's energy supply. Europe relies on Russia for about a third of its gas, almost half of which is piped via Ukraine. While EU deliveries were not disrupted after Russia cut off Ukraine's supply, ongoing tensions with Moscow, including its plans...

  • Feb 23- Dubai Aerospace Enterprise Ltd, an aircraft leasing and maintenance company controlled by the government of Dubai, is looking to sell its aviation services unit, StandardAero, for more than $1.8 billion, according to people familiar with the matter. In 2007, state-owned DAE simultaneously purchased aircraft maintenance services company Landmark...

  • LOS ANGELES, Feb 23- There were underpants, Lego statues and a nail-biting finale on the Oscars stage on Sunday, but it was Lady Gaga's "Sound of Music" spectacular that sparked the most chatter on social media. Show highlights included host Neil Patrick Harris wearing just his underpants on stage in an homage to a scene from "Birdman," the audience receiving Lego...

  • SINOP, Brazil, Feb 23- Truckers protesting high fuel prices blocked main roads across Brazil on Monday for a sixth day, leading to fuel shortages in some towns, stalled factories and threatening diesel supply for machines harvesting an expected record soybean crop. The hardest hit state was Mato Grosso, Brazil's largest grain and livestock producer, where a...

  • Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their solar power-generating assets. First Solar's shares rose 10.4 percent, while SunPower's stock was up 11.8 percent in after-market trading on Monday. First Solar and SunPower said they intend to file with the U.S. Securities and Exchange...

  • WILMINGTON, Delaware, Feb 23- Dole Food Co owner David Murdock began a trial on Monday defending his 2013 buyout of the world's largest fruit and vegetable producer with often unfocused testimony about his unusual memory, passion for nutrition and dislike of people talking about his age. Shareholder attorney Stuart Grant pressed Murdock for more than five...

  • *Global retailers such as Gap, H&M planning big push into India. NEW DELHI/ MUMBAI, Feb 24- A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop. Located in a posh district in the south of New Delhi,...

  • WASHINGTON, Feb 23- U.S. brokers and financial advisers would face new constraints under a plan President Barack Obama put forward on Monday to reduce conflicts of interest and "hidden fees" that cost Americans billions of dollars in retirement savings every year. They would have an impact on thousands of brokerages, from large players such as Fidelity, Wells...

  • Feb 23- A New Jersey court on Monday struck down Governor Chris Christie's plan to cut contributions to its public pension system, ruling in favor of teachers, firefighters and police who sued the governor and state. Christie, an expected 2016 Republican Presidential contender, proposed the cuts last May to try to plug a $2.7 billion state revenue shortfall...

  • Feb 23- Comcast Corp and Time Warner Cable Inc have been sued for $20 billion for allegedly discriminating against African American-owned media and employing advocates such as the NAACP and the Rev. According to the complaint, Comcast entered into "memoranda of understanding" with Sharpton, the NAACP and other advocacy groups to provide large cash "donations"...

  • Feb 23- Tenet Healthcare Corp on Monday posted a fourth-quarter net profit compared with a year-ago loss as more patients visited its hospitals due to an improving economy and the expansion of health coverage to more Americans. U.S. hospitals are benefiting from the extension of insurance coverage under the Affordable Care Act through government-run...

  • MELBOURNE, Feb 24- Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged further belt tightening to withstand the tough conditions. The company cut its target for capital spending for the year to June 2015 and said it would reap savings of $4 billion in the next...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. A lockout could spur disruptions of...

  • LOS ANGELES, Feb 23- Sunday's Academy Awards telecast on ABC drew its smallest audience in six years with 36.6 million average viewers, according to Nielsen figures, in what critics deemed a long, lackluster show and limited box office appeal among top nominees. Nielsen data on Monday showed a 16 percent decline from last year, a significant drop for Walt Disney...

  • Feb 23- The U.S. Food and Drug Administration on Monday approved Novartis AG's drug to treat patients who have relapsed after earlier therapies for multiple myeloma, an aggressive blood cancer, even though an advisory panel in November recommended against approval. Farydak was approved for use in combination with Takeda Pharmaceutical Co Ltd's Velcade and...

  • Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their power-generating assets. The solar companies said they intend to file with the U.S. Securities and Exchange Commission for an initial public offering of limited partner interests in the "yield co.". First Solar's shares rose 10.4 percent,...

  • BHP Billiton half-year profit falls, beats forecasts Monday, 23 Feb 2015 | 4:47 PM ET

    MELBOURNE, Feb 24- Global miner BHP Billiton reported a 31 percent slide in half-year profit, its weakest since 2013 as prices for its four main products collapsed, and flagged it would cut costs further to weather the weak market. The company cut its target for capital spending for the year to June 2015 and flagged it would reap savings of $4 billion in the next two...

  • NEW YORK, Feb 23- The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple, while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares. Nasdaq's winning run was its longest since September 2010, putting the index closer to its 5,132.52 all-time intraday high, reached in March 2000 just before the...

  • NEW YORK, Feb 23- U.S. Yellen will testify before Congress on Tuesday in a semiannual address on the economy and monetary policy to the Senate Banking Committee. "We did have a pretty meaningful sell-off," said Jonathan Lewis, chief investment officer at New York- based Samson Capital Advisors.

  • Feb 23- The Dow and S&P 500 ended lower on Monday, easing off recent record highs as lower oil prices dragged down energy shares, while the Nasdaq ended higher for a ninth session, helped by gains in Apple Inc shares.