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  • NEW YORK, Feb 13- A nonprofit trade group that paid just $10 for the exclusive right to use the World Trade Center name will turn over some of its future revenue to end a New York State probe into how the name was sold so cheaply. Under a settlement announced on Friday, the nonprofit agreed to repay $184,000 of membership fees paid by the Port Authority from 1991 to...

  • COVENTRY, ENGLAND, Feb 13- Greece and the rest of the euro zone need to come to a political agreement over the country's debt crisis in order to stop the outflow of deposits from Greek banks, the European Central Bank's vice president said on Friday. Speaking at the Warwick Economics Conference, the ECB's Vitor Constancio said that the outflow of deposits from...

  • TORONTO, Feb 13- The union that represents General Motors Co's Canadian workers may seek early negotiations to secure jobs at the company's Oshawa, Ontario, operations, Unifor National President Jerry Dias said on Friday. Unifor's current contract expires in the fall of 2016 and part of GM's Oshawa operations, the consolidated line, is set to close sometime that...

  • UPDATE 1-Apple hiring auto engineers, designers - FT Friday, 13 Feb 2015 | 2:26 PM ET

    Feb 13- Apple Inc is hiring automotive technology and design experts to research at a secret lab outside its Cupertino office, the Financial Times reported on Friday, citing several people familiar with the iPhone maker. The background and seniority of the executives suggest that Apple may be trying to build a car, the financial daily said, citing sources.

  • SAO PAULO, Feb 13- Brazilian President Dilma Rousseff's recent move to replace Caixa Economica Federal's chief executive is aimed at pushing the big state-controlled bank closer to an initial public offering but a flotation still faces serious obstacles. Beyond their objections, investor wariness about a company as vulnerable to government intervention...

  • LOS ANGELES, Feb 13- Protracted labor strife and shipping disruptions at U.S. West Coast ports have hit farmers especially hard, posing a major barrier to perishable goods headed to overseas markets and resulting in losses estimated at hundreds of millions of dollars a week. Foreign Pacific Rim customers facing chronic delays in shipments of U.S. food and farm...

  • ECB'S CONSTANCIO SAYS IMPORTANT FOR POLITICAL AGREEMENT TO BE REACHED BETWEEN GREECE AND REST OF EURO ZONE IN ORDER TO STOP OUTFLOWS FROM GREEK BANKS.

  • NEW YORK, Feb 13- Argentina's defaulted bonds rallied Friday after a UK court ruling on their jurisdiction, surprising many in the market who saw little reason for optimism about the country's debt. Its euro and dollar-denominated bonds rose in secondary trade after a London judge said the euro notes fell under UK jurisdiction. Friday's ruling resulted from a...

  • Feb 13- Apple Inc is hiring automotive technology and design experts to research at a secret lab outside its Cupertino office, the Financial Times reported on Friday, citing several people familiar with the iPhone maker. The background and seniority of the experts suggest that Apple may be trying to build a car, the financial daily said, citing the sources.

  • KIEV, Feb 13- Ukraine's Finance Ministry expects to receive up to $15 billion from debt talks with creditors, who will have to take on some of the burden of a new bigger international bailout package aimed at shoring up its war-torn economy. A new $40 billion four-year funding package was unveiled on Wednesday for Ukraine, whose foreign currency reserves stood at...

  • OTTAWA/ CALGARY, Feb 13- Canada confirmed its first case of mad cow disease since 2011 on Friday but said the discovery, which helped drive cattle prices higher, should not hit a beef export sector worth C $2 billion a year. The Canadian Food Inspection Agency said no part of the animal, a beef cow from Alberta, had reached the human food or animal feed systems.

  • WASHINGTON, Feb 13- The United States on Friday dramatically eased restrictions on imports of goods and services from private Cuban entrepreneurs as part of Washington's rapprochement with Havana after more than half a century of enmity.

  • NEW YORK, Feb 13- U.S. stocks advanced modestly on Friday, as the S&P 500 scaled a new intraday record, helped by investor optimism regarding Greece and Ukraine and upbeat German growth data. Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for Europe's biggest economy. Equities have rallied this...

  • EXCLUSIVE-IMPORTS ALLOWED FROM CUBA EXCLUDE ARMS, LIVE ANIMALS, TOBACCO, VEHICLES, MINERAL PRODUCTS, MACHINERY, SOME TEXTILES, SOME BASE METALS-STATE DEPT.

  • COVENTRY, England Feb 13- ECB Vice President Vitor Constancio warned on Friday that ultra- low global interest rates had caused "froth" in some asset prices, and that more powers were needed to control the fast-growing, non-traditional or "shadow" banking sector. The combination of near-zero interest rates and aggressive central bank stimulus in many major...

  • STATE DEPARTMENT SAYS ALLOWS IMPORT OF CERTAIN GOODS AND SERVICES FROM "INDEPENDENT CUBAN ENTREPRENEURS".

  • U.S., BRENT CRUDE FUTURES PARE GAINS AFTER BAKER HUGHES RIG COUNT DATA.

  • *China markets closed from Feb. 18 for Lunar New Year holiday. *Outlook for China demand after holiday uncertain- Commerzbank. LONDON, Feb 13- Copper steadied on Friday, retreating from a three-week high hit earlier in the day, as volumes waned ahead of a week-long holiday in top consumer China.

  • LAGOS, Feb 13- Nigeria's central bank banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move aimed at curbing speculation in the beleaguered naira currency. The naira has crashed through the psychologically important level of 200 to the dollar this week in a rout triggered by weak oil prices and escalating...

  • STATE DEPARTMENT TO RELEASE LIST OF GOODS AND SERVICES THAT CAN BE IMPORTED FROM PRIVATE CUBAN ENTITIES- SOURCE FAMILIAR WITH MATTER.