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  • CHICAGO, Jan 26- Amazon Payments' transaction volume surged in 2015, a sign that Amazon.com Inc's payment service is finally gaining traction after its inception nearly eight years ago. Payments could represent a major revenue source for the world's largest online retailer if it is able to duplicate its success with Amazon Marketplace, which allows...

  • SENATOR AND DEMOCRATIC PRESIDENTIAL CANDIDATE SANDERS PLACES HOLD ON FDA NOMINEE, CITING TIES TO PHARMACEUTICAL INDUSTRY AND LACK OF COMMITMENT TO LOWERING DRUG PRICES.

  • BRENT CRUDE FUTURES EXTEND GAINS, UP $1 TO OVER $31.40 A BARREL ON HOPES FOR DEAL TO TACKLE GLUT- TRADERS.

  • LONDON, Jan 26- Britain has chosen Andrew Bailey, a Bank of England deputy governor, to lead its financial markets watchdog and strike a balance between restoring confidence in banks and asserting the independence of the embattled regulator. Bailey's appointment as CEO of the Financial Conduct Authority followed a worldwide search to replace Martin...

  • *Gold hits peak of $1,117.60/ oz, highest since Nov 4. Chinese shares slumped 6 percent overnight while oil prices slid to under $30 a barrel, sending gold to a peak of $1,117.60 an ounce as spooked investors sought alternative assets. It is continuing to take direction from stocks, Saxo Bank's head of commodity research Ole Hansen said.

  • ABUJA, Jan 26- Nigeria's central bank kept its benchmark interest rate at 11 percent on Tuesday and left the naira exchange rate fixed despite a dive on the parallel market and complaints from businesses struggling to get dollars for imports. Central Bank Governor Godwin Emefiele said the 12 members of the bank's Monetary Policy Committee voted unanimously...

  • PARIS, Jan 26- French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp of India Ltd to build six nuclear reactors at Jaitapur, in the west of India. EDF said that in the next few months it would continue work started by Areva and NPCIL to secure certification for the European Pressurised Reactor reactor in India and to...

  • LISBON, Jan 26- Fitch Ratings warned Portugal on Tuesday some key economic forecasts in the new Socialist government's anti-austerity budget may be unrealistic and could lead to weaker growth and a cut in the country's rating. After many delays, the government presented a draft 2016 budget last week aiming to cut the deficit to 2.6 percent of gross domestic...

  • *Iraq sees some flexibility for OPEC, non- OPEC deal. LONDON, Jan 26- Oil rose towards $31 a barrel on Tuesday, lifted by hopes that OPEC and non- OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades. The Organization of the Petroleum Exporting Countries is making renewed calls for rival producers to cut supply alongside its...

  • WASHINGTON, Jan 26- The World Bank has slashed its forecast for crude oil prices by $14 to $37 per barrel for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets. In its annual Commodity Markets Outlook, the World Bank lowered its price forecast for 37 of 46 commodities, including oil, saying that weak demand from emerging...

  • LONDON, Jan 26- Airline easyJet will campaign for Britain to stay in the European Union, with its chief executive telling consumers that membership encourages low cost travel between European cities. Prime Minister David Cameron has pledged to renegotiate Britain's ties with Europe and then allow voters a referendum on EU membership by the end of 2017..

  • *Crude oil prices hover around $30 per barrel. Jan 26- Wall Street edged higher on Tuesday morning, driven by strong earnings reports and recovering oil prices, ahead of the Federal Reserve's policy meeting and Apple's results. Crude prices steadied above $30 a barrel on hopes that OPEC and non- OPEC producers would come together to tackle a massive supply glut.

  • SAO PAULO, Jan 26- Most Latin American currencies strengthened on Tuesday as oil prices rose above $30 per barrel, fostering demand for commodity-linked assets. "Oil prices remain the main driver of currency movements this year," said Glauber Romano, a trader at Intercam brokerage in Sao Paulo. Mexico's central bank governor Agustin Carstens said over the...

  • Jan 26- Twitter Inc named American Express Co executive Leslie Berland as its chief marketing officer, Chief Executive Jack Dorsey tweeted on Tuesday. Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter, and HR head Brian "Skip" Schipper left the company, Dorsey tweeted late Sunday night.

  • LONDON, Jan 26- A handful of mainly U.S.-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation of between 20 and 50 percent. The firm reckons rush by domestic savers and businesses to withdraw money from China will prove too strong for authorities to resist...

  • LONDON, Jan 26- Cheaper "biosimilar" copies of expensive biotech drugs received a boost in Britain on Tuesday when the country's health cost-effectiveness agency NICE said patients needing such medicines "should be started with the least expensive drug." So-called biosimilars are gaining ground in Europe, which has been faster to adopt their use than the...

  • ATHENS, Jan 26- Farmers vowed to step up protests, nurses took to the streets and sailors prepared to strike as anger simmered in Greece on Tuesday over further pension cutbacks that are a condition for the indebted country to receive more international aid. Amid rallies and protests across the country, Greece's politicians were scheduled to launch...

  • *TrelleborgVibracoustic seen valued at about 2 bln euros. FRANKFURT, Jan 26- Swedish industrial rubber maker Trelleborg is in talks to sell its roughly 1 billion euro stake in TrelleborgVibracoustic to buyout group KKR as a possible alternative to a stock market listing for the car parts business, according to two sources. Trelleborg and German partner...

  • WASHINGTON, Jan 26- The United States on Tuesday announced changes to its sanctions on Cuba, lifting export payment and financing restrictions and facilitating airline travel in Washington's latest move to ease the U.S. embargo on the Communist-ruled island. The amendments, which take effect on Wednesday, "will remove restrictions on payment and financing...

  • Jan 26- U.S. stocks rose on Tuesday as oil edged up in a volatile session and investors looked ahead to the Federal Reserve's policy meeting and Apple's results.