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  • DOHA, Jan 14- Qatar will raise domestic prices of gasoline by 30 percent from midnight on Thursday, the official Qatar News Agency reported, as low oil and gas prices put the squeeze on the national budget. Memos from state fuel company Woqod, posted at gasoline stations across the capital Doha on Thursday, gave a few hours' notice of the increase to 1.30 riyals per...

  • NEW YORK, Jan 14- JetBlue Airways Corp warned of delays or cancellations Thursday after a power outage took down its main website and affected customers checking in for flights. "Power has been restored to Verizon's data center and we are working to fully restore our systems as soon as possible," the New York- based airline said. " JetBlue had 36 flight delays and four...

  • CHICAGO, Jan 14- Illinois sold $480 million in bonds on Thursday, its first debt issue in 20 months, which helped ease the fiscally challenged state's long-standing penalty in the yield-hungry U.S. municipal market. Illinois has the lowest credit ratings and the widest so-called credit spread among the 50 states. "Market yields are lower, driving investors out...

  • MEXICO CITY, Jan 14- Ford Motor Co will announce a new automobile plant in the Mexican state of San Luis Potosi during the first quarter, two government officials familiar with company plans said on Thursday. The plant should produce around 350,000 cars annually, according to the two officials, and the investment should be worth slightly over $1.5 billion, one of...

  • TORONTO, Jan 14- Canadian mining company Lundin Gold Inc said on Thursday it will pay the government of Ecuador an advance royalty of $65 million under an agreement setting out the financial terms for development of its Fruta del Norte project. "We believe a legislation change to allow for VAT recovery and a modestly smaller upfront royalty payment help to...

  • "If all of our content were globally available, there wouldn't be a reason for members to use proxies or unblockers," David Fullagar, Netflix's vice president of content delivery architecture, wrote in a blog. The announcement comes just a week after Netflix went live in more than 130 countries, covering almost the entire globe except China. India, Nigeria, Russia...

  • NEW YORK, Jan 14- JetBlue Airways Corp's main website was down for at least some users Thursday afternoon as the low-cost airline said it was dealing with a power outage.

  • BRUSSELS, Jan 14- The European Parliament on Thursday postponed a vote on new car pollution limits that could have killed a compromise agreed by EU members, as politicians argue over whether to seek tougher limits despite the delays that would entail. With strong political momentum for stricter emission limits after the Volkswagen scandal, the assembly had...

  • LONDON/ MILAN, Jan 14- European equities slumped to a 13- month trough on Thursday, with the automobile sector leading the market lower as Renault tumbled following inspections at three of its sites in an emissions probe. Shares in miner Anglo American jumped more than 13 percent. "It was almost inevitable that someone else would fall under the eye of...

  • By Ankur Banerjee and Abhiram Nandakumar. Jan 14- U.S. stocks rallied strongly on Thursday, with the S&P 500 crossing a key technical level, as a rebound in oil prices boosted energy companies. "We've been looking for some sort of bounce for a while now," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • PARIS, Jan 14- French cabin equipment supplier Zodiac Aerospace said on Thursday it had heard loud and clear Airbus message that delays in aircraft seats delivery were intolerable, and it was doing everything to remedy the situation. Airbus issued a rare public warning to the supplier on Tuesday, accusing Zodiac's management of being in denial following...

  • *Tin hits lowest since July 2009. LONDON, Jan 14- Copper bounced after hitting fresh 6-1/ 2- year lows on Thursday following a rebound in the oil. The slump in the oil price is in effect telling us that global growth is extremely weak while trade activity on a global basis we know is struggling, "said Robin Bhar, head of metals research at Societe Generale in London.

  • MOSCOW, Jan 14- Russia said it could take longer than it had previously forecast for the global oil market to reach a balance between demand and supply after crude prices plunged to $30 per barrel. This presents a challenge for Russia, where oil and gas sales account for more than half of its budget revenues. On Wednesday, Deputy Finance Minister Maxim Oreshkin said...

  • MIAMI, Jan 14- A judge in Miami on Thursday ordered the transfer to Texas of a Venezuelan businessman accused by U.S. prosecutors of taking part in a $1 billion conspiracy to pay bribes to obtain contracts from Venezuela's state oil company. Magistrate Judge Andrea Simonton deferred to a federal judge in Houston on whether Abraham Jose Shiera Bastidas, who has...

  • LOMBARD, Ill., Jan 14- A potential merger of Canadian Pacific Railway Ltd and Norfolk Southern would make it hard for No. 3 U.S. railroad CSX Corp to survive alone and ratchet up pressure for more industry consolidation, the chairman of No. 2 U.S. railroad BNSF said on Thursday. "CSX would be at an enormous disadvantage and so there would be another step towards...

  • Shares of Progress Software, which has a market capitalization of around $1.2 billion, rose as much as 17 percent on the news. SolarWinds Inc, Solera Holdings Inc and Informatica Corp were among those that chose to go private last year to accelerate their transition to Internet-delivered services, known as cloud computing. Based in Bedford, Massachusetts,...

  • MONTREAL, Jan 14- Imports of second-hand vehicles to the United States from Canada have soared to their highest level since 2002, driven by a weakening Canadian dollar, according to data by DesRosiers Automotive Consultants. Almost 200,000 previously-owned, or "used," vehicles from Canada were imported into the United States in 2015, more than double the total...

  • CHICAGO, Jan 14- Bank of America Merrill Lynch won $480 million of Illinois general obligation bonds on Thursday with a bid that resulted in an overall interest cost of 3.9989 percent for the fiscally shaky state, which has not issued any debt in 20 months. Yields in the issue topped out at 4.27 percent in 2041 with a 5 percent coupon, which is 161 basis points over the...

  • CAPE CANAVERAL, Fla., Jan 14- A three-way competition to fly cargo to the International Space Station for NASA has ended, and the U.S. space agency is set to announce the winners on Thursday. A news conference is scheduled for 4 p.m. EST to unveil the winning bids, NASA said. NASA previously eliminated proposals from Boeing Co and Lockheed-Martin for space station...

  • *Oil back above $30 a barrel. NEW YORK, Jan 14- The energy sector led gains in U.S. shares on Thursday led by and European shares pared losses as oil prices rebounded from 12- year lows. Oil prices rose more than 1 percent, and the commodity's turn may have prompted investors to cover short positions in commodity-related shares, said Walter Todd, chief investment...