*Feb trade balance- $23 bln, vs f'cast of+ $14.5 bln. BEIJING, March 8- China's exports unexpectedly tumbled in February, swinging the trade balance into deficit and adding to fears of a slowdown in the world's second-largest economy despite the Lunar New Year holidays being blamed for the slide.» Read More
NEW YORK, Oct 16- The dramatic Treasuries selloff in May and June of this year was worsened by banks paring back their activities because of reduced risk appetite for bonds, rather than because the banks faced capital constraints from new regulations, researchers at the New York Federal Reserve said on Wednesday.
PARIS, Oct 16- CFM International, the world's largest maker of jet engines by number of units sold, said on Wednesday that testing of a new powerplant for the next generation of narrowbody passenger jets was going to plan.
*General Electric's Swiss unit sets share sale price range. ZURICH, Oct 16- General Electric's flotation of its GE Money Bank is expected to value the Swiss consumer finance business at up to 1.53 billion Swiss francs, in a further step in the U.S. firm's retreat from the finance sector.
WASHINGTON, Oct 16- Both Democrats and Republicans are confident that the U.S. House of Representatives will have enough votes on Wednesday to pass an emerging bipartisan Senate plan to raise the U.S. debt limit and reopen the government, a top Democratic aide said.
Veeva offers customer relationship management and content management software to the life sciences industry, competing with companies such as Oracle Corp, Cegedim SA of France and EMC Corp.. The company's software is used by 33 of the 50 largest drug makers, including Novartis AG, Merck& Co, Eli Lilly and Co and Bayer Healthcare AG, it said in its IPO filing.
Oct 16- PepsiCo Inc reported higher quarterly earnings on Wednesday due to its successful snacks business and large global reach, which helped compensate for sustained declines in the U.S. soda market. For PepsiCo to keep a grip on soda, "it's important in the next two to three years we come up with" innovations such as a new, more natural, low-calorie sweetener.
LONDON, Oct 16- Britain's financial regulator said it was formally investigating alleged price manipulation in the $5.3 trillion- a-day global foreign exchange market, working alongside agencies overseas.
NEW YORK, Oct 16- Major U.S. stock indexes hit session highs in late morning trading on Wednesday on optimism a plan emerging in the Democratic-led Senate to raise the U.S. debt limit and end the government shutdown will be passed in the Republican-led House of Representatives.
*Washington may be closing in on deal to resolve debt crisis. U.S. lawmakers were preparing a final push to lift the government's $16.7 trillion borrowing limit after a chaotic day of negotiations on Tuesday that left Senate aides claiming a deal was near despite finer details needing work.
ABIDJAN, Oct 16- Concern that Ivory Coast's main crop cocoa harvest could tail off early provoking a supply crunch has fuelled strong competition among major grinders and pushed up port and farmer prices in the world's top grower.
WASHINGTON, Oct 16- U.S. House of Representatives leaders have not yet decided on whether their chamber or the Senate would vote first on a measure to raise the country's debt limit and reopen the federal government, according to a senior Republican and a Capitol Hill aide.
*Strike had threated pumping through North Sea crude pipeline. LONDON, Oct 16- A refinery that provides most of Scotland's fuel and is crucial to the pumping of crude oil from the North Sea has been shut down and whether or not it reopens is uncertain, its operator Ineos said on Wednesday.
FRANKFURT, Oct 16- The European Central Bank lays its credibility on the line next week when it outlines how it will test the health of top euro zone banks, a crucial step in rebuilding confidence after two similar exercises flopped.
WASHINGTON, Oct 16- The Republican-led House intends to vote on the plan emerging in the Democratic-led Senate to raise the U.S. debt limit and end the government shutdown, a leadership aide said on Wednesday.
LONDON, Oct 16- Investors who believe Washington would strike an 11th hour deal on the budget and avoid default may be forced to think again and scramble for trades to hedge their U.S. sovereign debt and dollar exposure. The United States is hours away from exhausting its borrowing capacity, though lawmakers were said to be close to agreement.
TOKYO, Oct 16- Japan's TDK Corp, an electronics parts maker that has struggled to make a profit while several of its peers grew rich in the smartphone boom, has found help rebuilding its fortunes with the rise of China's smartphone makers.
*Treasury to sell $20 billion in one-month bills. *Treasury to sell $26 billion in 189- day cash management bills. *Treasury to sell $22 billion in one-year bills.
*Senate leaders said to be close to a deal. The top Democrat and Republican in the Senate were close to finishing a plan to raise the debt limit- and reopen the partially shuttered government- that could be considered by the full Senate later on Wednesday.
OTTAWA, Oct 16- The European Union and Canada will soon complete talks on a free trade deal, Canadian Prime Minister Stephen Harper said on Wednesday, signalling an end to negotiations that have dragged on for years longer than planned. Business leaders in Canada and the European Union have in recent months openly pressured the two sides to seal an agreement.
*Cuts FY adj earnings/shr forecast to $4.90- $5.00 from $5.40- $5.65. Oct 16- Power tool maker Stanley Black& Decker Inc cut its 2013 profit forecast, blaming weakness in its European security business and the U.S. government shutdown and spending cuts, sending its shares down as much as 15 percent.