NEW YORK— The politically connected former CEO of a prominent New York City charity has been sentenced to prison for helping to steal more than $9 million from the anti-poverty organization. William Rapfogel was sentenced Wednesday to a term of 40 months to 10 years. He formerly led the Metropolitan Council on Jewish Poverty.» Read More
LONDON, Feb 10- British police announced new tactics to deter militant attacks on London's financial district on Monday, relying on large-scale and unpredictable deployments at key points rather than static "Ring of Steel" checkpoints used in the past.
Feb 10- Alibaba Group Holding Ltd, China's largest e-commerce firm, offered to acquire AutoNavi Holdings Ltd in a deal valuing the Chinese digital mapping and navigation firm at $1.45 billion. AutoNavi said on Monday that Alibaba had offered to buy the 72 percent of the company that it did not already own for $21 per American depository share.
NEW DELHI, Feb 10- The weak rupee cut India's imports of coal, the fuel that provides almost 60 percent of its electricity, by 33 percent in January from the same month last year, data from leading research group OreTeam showed on Monday. Struggling domestic coal output has meant that India has jumped to the number three global importer, behind China and Japan.
*Budget of $319 bln slows spending growth. DUBAI, Feb 10- The first state budget proposed by Iranian President Hassan Rouhani has sailed through parliament, handing him a political victory as he seeks to build domestic support for international negotiations on the country's nuclear programme.
Feb 10- McDonald's Corp on Monday reported better-than-expected global sales at established restaurants for January as gains in Europe and China helped the company offset a sharp decline in the United States.
YOKOHAMA, Japan, Feb 10- Japan's Nissan Motor Co beat analyst estimates by reporting its steepest quarterly net profit gain in nearly two years as a weaker yen made its export business more profitable and as sales improved in China, its biggest market.
JOHANNESBURG, Feb 10- The world's top platinum producers and the AMCU union will hold separate meetings with a South African state mediator this week to discuss a stoppage over wages but no talks are scheduled between the companies and the union.
Feb 10- Dick's Sporting Goods Inc estimated fourth-quarter profit above analysts' average forecasts, helped by a strong jump in same-store sales, sending its shares up as much as 8 percent in premarket trading. Dick's estimated earnings of $1.10 to 1.11 per share in the quarter ended Feb. 2, above its prior forecast of $1.04 to 1.07 per share.
FDA STAFF RECOMMEND THE MEDICINES COMPANY CONDUCT ANOTHER CLINICAL TRIAL OF CANGRELOR BEFORE APPROVAL IS CONSIDERED.
MEDICINES CO'S TRIALS DID NOT SHOW SUPERIORITY OR NONINFERIORITY OF CANGRELOR REGIMEN VS.
JOHANNESBURG, Feb 10- Africa's top bullion producer AngloGold Ashanti is selling its Namibian unit for $110 million to private mining group QKR, it said on Monday, the disposal being part of a renewed drive to rationalise and focus on its bigger operations.
BRUSSELS, Feb 10- The European Central Bank still has a "big bazooka" with plenty of ammunition to preserve the euro despite a German constitutional court statement that its bond-buying plan is probably illegal, EU economics chief Olli Rehn said on Monday.
THE MEDICINES COMPANY'S BLOOD CLOT PREVENTING DRUG CANGRELOR SHOULD NOT BE APPROVED--FDA STAFF REVIEW.
Feb 10- McDonald's Corp on Monday reported better-than-expected global sales at established restaurants for January as gains in Europe helped the company offset a sharp decline in the United States. McDonald's, the world's biggest restaurant chain by revenue, said worldwide sales at restaurants open at least 13 months rose 1.2 percent last month.
LOS ANGELES, Feb 10- Filling out the federal financial aid form known as the FAFSA "is one of the first and most important steps" to getting a college education, First Lady Michelle Obama told a group of parents and students attending a FAFSA workshop at a Virginia high school on Wednesday.
LONDON, Feb 10- The lira fell half a percent against the dollar and the forint dropped 1 percent versus the euro on Monday on concern about monetary policy in Turkey and Hungary.
Feb 10- Chinese digital mapping and navigation firm AutoNavi Holdings Ltd said it had received an offer to be taken private by major shareholder Alibaba Group Holding Ltd. Alibaba has offered to buy the 72 percent of AutoNavi that it does not already own for $21 per American depository share, valuing the company at $1.45 billion.
*Yelp climbs on deal with Yahoo. NEW YORK, Feb 10- U.S. stock index futures dipped on Monday, indicating the S&P 500 would retreat after its best two-day performance in four months, ahead of new Federal Reserve Chair Janet Yellen's first testimony before lawmakers on Tuesday.
Hasbro, the second-largest U.S. toy company, said its net earnings in the fourth quarter fell to $129.8 million, or 98 cents a share, from $130.3 million, or 99 cents a share, a year earlier. Excluding restructuring charges and other items, Hasbro earned $1.12 a share, missing the analysts' average estimate of $1.22, according to Thomson Reuters I/B/E/S.
*New Fed chief with dovish history to testify in Congress. LONDON, Feb 10- Norway's crown stood out among G10 currencies on Monday, jetting almost 1 percent higher against the euro and dollar after higher than expected inflation was read as eliminating the chances of an interest rate cut.