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  • Jan 29- Venaxis Inc said its appendicitis test was not found to be substantially equivalent to standard of care by the U.S. health regulator. Venaxis' blood-based test, APPY1, helps identify patients who are less likely to develop acute appendicitis. The company said it would consider exploring different study protocols to address the U.S. Food and Drug...

  • Jan 29- Oil and gas driller Helmerich& Payne Inc reported higher quarterly profit due to compensation from early termination of contracts, and warned results for the rest of 2015 would be hurt by a steep fall in oil prices. Net income rose 17 percent to $203 million, or $1.85 per share, in the first quarter ended Dec. 31. Operating revenue rose 18.8 percent to $1.06...

  • TOKYO, Jan 29- Nomura Holdings Inc reported a 45 percent rise in third-quarter net profits on Thursday, the biggest jump in its quarterly profits in a year, thanks to a strong performance by its retail equity business. Nomura, Japan's largest investment bank and brokerage, has benefited along with nearest rival Daiwa Securities Group Inc from a renewed appetite...

  • LONDON, Jan 29- Britain's dominant pay-TV group Sky plans to launch a mobile service from 2016 through a deal with O2 owner Telefonica, ramping up the pressure on the country's already crowded communications market. Sky, which raced to become the country's second largest provider of home broadband after entering the market just seven years ago, will offer voice...

  • MUMBAI, Jan 29- The Indian government has asked tax officials to apply the principle behind a tax ruling in favour of Vodafone Group Plc to all similar cases, a major boost to foreign firms including Royal Dutch Shell PLC. Tax lawyers said they expected the government order to impact all the past and future cases involving tax on shares issued by a company to...

  • Time Warner Cable quarterly revenue rises 3.8 pct Thursday, 29 Jan 2015 | 6:28 AM ET

    Jan 29- Time Warner Cable Inc, the second-largest U.S. cable TV operator, reported a 3.8 percent rise in revenue as it lost fewer residential video customers. Net income attributable to common shareholders rose to $554 million, or $1.95 per share, in the quarter ended Dec. 31, from $540 million, or $1.89 per share, a year earlier. Time Warner Cable lost 38,000...

  • CAIRO, Jan 29- Egypt's central bank widened the band in which banks can trade dollars to 10 piasters above or below the official rate, up from 3 piasters, bankers said on Thursday, prompting the lenders' dollar rates to fall to their weakest ever levels. Egypt has been attempting to tackle a flourishing black market in the pound by allowing for the gradual...

  • LONDON, Jan 29- Belarus sovereign bonds fell up to 27 cents in the dollar on Thursday on fears of debt restructuring, while broader emerging markets also weakened following a U.S. Belarus yield spreads over Treasuries widened 900 basis points to 1463 bps and its 2015 and 2018 bonds were sold off after President Alexander Lukashenko said the country may have to...

  • MINSK, Jan 29- Belarus has to pay $4 billion in foreign currency debt this year and might hold talks on restructuring the debt if it struggles to pay it back, President Alexander Lukashenko said on Thursday. Belarus's largely state-run economy, which is highly integrated with Russia and relies hugely on Russian energy imports, has been hit hard by the economic...

  • Potash Corp quarterly profit jumps 77 pct Thursday, 29 Jan 2015 | 6:17 AM ET

    Jan 29- Potash Corp of Saskatchewan, the world's biggest fertilizer company by market capitalization, reported a 77 percent rise in quarterly profit, helped by higher realized prices and lower costs. Net earnings rose to $407 million, or 49 cents per share, in the fourth-quarter ended Dec. 31, from $230 million, or 26 cents per share, a year earlier.

  • LONDON, Jan 29- Gold prices dropped for the fourth session in five on Thursday, losing as much as 1 percent as the dollar firmed after the Federal Reserve signalled it was on track to lift interest rates this year. Gold had been boosted by increased central bank liquidity and low interest rates in the years after the 2008 credit crisis. Gold had hit a five-month high...

  • LONDON, Jan 29- Royal Dutch Shell blamed writedowns and forex losses for making almost no money in oil production, its most powerful division, in the last quarter of 2014, causing the company to miss profit forecasts by more than 20 percent. Shell, the largest of the European energy majors, also announced a relatively modest three-year, $15 billion cut in spending...

  • PARIS/ DUBAI, Jan 29- State-run Abu Dhabi National Oil Company signed an agreement on Thursday with Total giving the French oil major a 10 percent stake in a new 40- year onshore concession to help operate the United Arab Emirates' biggest oilfields. Nine Asian and Western firms had bid for stakes in the Abu Dhabi Company for Onshore Oil Operations concession...

  • Jan 29- Thermo Fisher Scientific Inc, the world's largest maker of scientific instruments, reported better-than-expected quarterly profit and sales, boosted by the contribution from the Life Technologies acquisition. Thermo Fisher said net profit rose to $601.2 million, or $1.49 per share, in the fourth quarter from $342.1 million, or 92 cents a share, a year...

  • OBAMA FY 2016 BUDGET PROPOSES INCREASES IN SPENDING ON MILITARY, DOMESTIC PROGRAMS THAT WOULD END "SEQUESTRATION" CAPS- OFFICIAL.

  • ECB cautions banks to be conservative on dividends Thursday, 29 Jan 2015 | 6:00 AM ET

    FRANKFURT, Jan 29- Supervisors at the European Central Bank urged banks under its watch to be conservative in making dividend payments, warning in a statement on Thursday that they would also examine their bonus payments in the coming months. "Banks should base their dividend policies on conservative and prudent assumptions, so that after any pay-out they can...

  • WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...

  • BEIJING, Jan 29- China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port, China's trade ministry said on Thursday. The Greek government last year had shortlisted China's Cosco Group as a potential buyer of a 67 percent stake in Piraeus Port Authority.

  • LONDON, Jan 29- Global banks expect to increase base salaries by less than 3 percent this year and most are not planning to overhaul their pay structure in the face of tougher European Union rules on bonuses, a survey reported on Thursday. Salary increases across banks, insurers and other financial services firms are expected to be between 5-8 percent in emerging...

  • MOSCOW, Jan 29- Belarussian President Alexander Lukashenko said on Thursday his country was a sovereign, independent nation which could not be handed over to anybody. The Belarussian leader told his annual news conference: "As for conversations that Belarus is some kind of a part of the Russian world... Belarus is a sovereign, independent state...