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  • MEXICO CITY, Feb 24- A meeting aimed at sealing a Pacific trade deal has been called for April, Mexico's economy minister said on Tuesday, adding he was hopeful it would be finalized in the next few months. "I am very optimistic that there will be good news for the TPP in the first half of this year," Mexico's Ildefonso Guajardo told Reuters. On Jan. 22, Guajardo said a...

  • TOKYO, Feb 25- The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen avoided the word "patient" in describing the Fed's approach to raising...

  • TOKYO, Feb 25- Asian stocks rose on Wednesday thanks to gains on Wall Street after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates, a reassuring signal for investors worried about a deteriorating global outlook. In remarks to the Senate Banking Committee, Yellen said the U.S. central bank was preparing to consider...

  • SINGAPORE, Feb 25- Gold edged higher on Wednesday after dropping to a seven-week low the session before, with Federal Reserve Chair Janet Yellen indicating flexibility in raising U.S. interest rates. *Spot gold was up half a percent at $1,206 an ounce by 0021 GMT, after hitting its weakest since Jan. 5 on Tuesday at $1,190.91. Silver, both spot and futures, rose more...

  • Feb 24- American Airlines Group Inc has canceled 170 flights for Wednesday because of weather conditions in the southern United States, largely affecting its Dallas-Fort Worth hub.

  • LONDON, Feb 24- Non-Chinese aluminium production was unchanged in January, according to the latest figures from the International Aluminium Institute. A combination of lower London Metal Exchange basis price and softer physical premiums, particularly in Europe, has seen the all-in price slide back to just above $2,100 per tonne from over $2,450 as recently...

  • PARIS, Feb 25- Airbus Group may take up to 500 million euros in charges for the latest delays to its A400M military transport plane when it reports 2014 earnings on Friday, analysts said. While Airbus has promised to give a financial update on the project with its annual earnings, it is likely to take longer to establish a definite new timetable for deliveries.

  • Last week the FDA warned that the complex design of the reusable duodenoscopes, which are threaded through the mouth, throat and stomach and used in a variety of gastrointestinal procedures, makes them difficult to disinfect properly, even when instructions provided by the manufacturers are followed. The urgency comes as the FDA faces some criticism for...

  • GUAYAQUIL, Ecuador, Feb 24- Ecuador's President Rafael Correa said on Tuesday he agrees with a proposal for OPEC to call an extraordinary meeting, describing current global prices for crude oil as "unnecessarily" low. "Prices are unnecessarily low... and OPEC has capacity to regulate its production- together with Russia, which is not part of OPEC- to raise prices."

  • TORONTO, Feb 24- Turquoise Hill Resources Ltd on Tuesday agreed to sell the remainder of its stake in SouthGobi Resources, in an attempt to finally sever ties with the Mongolian coal miner that was once worth over C $3 billion. Turquoise Hill, a unit of Rio Tinto, in July agreed to sell the majority of its stake in SouthGobi to Hong Kong- listed National United...

  • *Q4 loss $3.08/ shr vs est $3.01. *Revenue $234.2 mln vs est $246.2 mln. Feb 24- Hollywood studio DreamWorks Animation SKG Inc said it expected revenue in its feature film business to decline in the mid-teen percent range as it had only one theatrical release planned for 2015..

  • WASHINGTON, Feb 24- President Barack Obama plans to nominate Amias Gerety, a counselor at the Treasury Department, as assistant secretary for Financial Institutions, the White House said on Tuesday.

  • CHICAGO, Feb 24- Results from Home Depot Inc and Toll Brothers Inc bode well for a continued recovery in the housing market this year, thanks largely to an improving jobs market and low gasoline prices, industry officials and analysts said. Luxury home builder Toll Brothers also lifted its full-year home delivery forecast. Private residential fixed investment...

  • FOB Gulf Grain-Soybean offers ease on slowing demand Tuesday, 24 Feb 2015 | 6:07 PM ET

    Feb 24- Soybean export premiums at the U.S. Gulf Coast eased on Tuesday on slowing demand for U.S. supplies as newly harvested South American beans began to flood the global market, traders said. *FOB hard red winter wheat basis offers were firm after a large sale to Egypt's government buyer, while Gulf corn and soft red winter wheat export premiums were mostly...

  • The U.S. Senate Majority Leader Mitch McConnell, after receiving Obama's veto message, immediately countered by announcing the Republican-led chamber would attempt to override it by March 3. The TransCanada Corp pipeline would carry 830,000 barrels a day of mostly Canadian oil sands crude to Nebraska en route to refineries and ports along the U.S.

  • WILLISTON, N.D., Feb 24- Continental Resources Inc posted a fourth-quarter profit well above Wall Street's expectations on Tuesday, as a one-time gain from the sale of crude hedges helped offset tumbling oil prices. Continental reported net income of $114 million, or 31 cents per share, compared with $132.8 million, or 36 cents per share, in the year-ago period.

  • Feb 24- Hewlett-Packard Co reported flat or lower quarterly revenue in all its operating units on Tuesday, and forecast full-year earnings well below analysts' expectations due to the strong U.S. dollar. "Revenue was a little short on the top end, the guidance for the second quarter was a little below where the consensus was," said Daniel Morgan, a portfolio manager...

  • NEW YORK, Feb 24- New York City will have a budget surplus totaling $1.6 billion in fiscal years 2015 and 2016, due mainly to higher-than-anticipated tax revenues, the city's top financial watchdog said on Tuesday. New York City has the largest regional economy in the United States. "New York City has benefited from a solid economic recovery, but the possibility of...

  • Feb 24- Hollywood studio DreamWorks Animation SKG Inc reported a fourth-quarter loss, compared with a profit a year earlier, as it took charges related to restructuring and the weaker-than-expected performance of "The Penguins of Madagascar." The company took impairment charges of $57.1 million, or a loss of about 63 cents per share, related to the performance...

  • NEW YORK, Feb 24- JPMorgan Chase& Co said on Tuesday the bank has been questioned by the U.S. Department of Justice over auto lending practices that possibly resulted in discrimination. JPMorgan is the fifth-largest U.S. auto lender behind Ally Financial Inc, Wells Fargo& Co, Toyota Motor Corp's in-house lending arm and Capital One Financial Corp, according to...