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  • *Networks business grew 8 pct in q4 driven by North America. HELSINKI, Jan 29- Finland's Nokia on Thursday reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4 G mobile services in North America. Nokia, which ranks third in the global network gear market after Ericsson and...

  • DANISH BREWER CARLSBERG SAYS SHUTS TWO BREWERIES IN RUSSIA DUE TO DIFFICULT MACROECONOMIC CONDITIONS.

  • BOJ's Kuroda says must look at long-term price trend Thursday, 29 Jan 2015 | 1:46 AM ET

    TOKYO, Jan 29- Bank of Japan Governor Haruhiko Kuroda said on Thursday it was important to look not just at price moves of individual goods but at the medium- to long-term trend of inflation. Consumer inflation may slow in the short term due to falling oil prices, but is seen accelerating in the latter half of next fiscal year beginning in April, Kuroda told...

  • MOSCOW, Jan 29- Russian diamond mining company Alrosa plans to increase sales by one percent in 2015, taking advantage of rising production and using offtake from its stock, it said on Thursday. Alrosa competes with Anglo American- owned De Beers for the status of the world's largest diamond miner but usually generates less revenue than its South-African rival.

  • MISRATA, Libya, Jan 29- A power struggle between two rival governments that threatens to tear Libya apart has started to take its toll on Misrata, an important shipping and industrial hub that had shrugged off the turmoil until now. Oil production has collapsed to a fifth of what Libya used to pump before the NATO- backed uprising, while wheat imports and other...

  • TOKYO, Jan 29- Japan's Nikkei average posted the biggest one-day drop in two weeks on Thursday, hit by dismal earnings from the likes of Komatsu Ltd and signs the U.S. The Nikkei fell 1.1 percent to 17,606.22, the biggest one-day percentage drop since Jan. 16. Construction equipment makers Komatsu tumbled 8.5 percent and Hitachi Construction Machinery dived 11...

  • Nokia beats profit forecasts in Q4 Thursday, 29 Jan 2015 | 1:19 AM ET

    HELSINKI, Jan 29- Finland's Nokia on Thursday reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4 G mobile services in China and North America. Nokia, which ranks third in the global network gear market, said the unit's core operating profit rose to 470 million euros in the...

  • ATLANTA, Jan 29- The U.S. Centers for Disease Control and Prevention has introduced camera monitoring of workers in its highest-level biosafety laboratories as it seeks to restore public faith in its procedures after a series of mishaps, agency officials tell Reuters. Since last June, the Atlanta- based agency has disclosed several incidents, one in which...

  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...

  • NEW YORK, Jan 29- Time Warner's HBO is preparing to sell a standalone service over the Internet for the first time, in one of the most closely watched moves in pay TV history. The idea was that the technology would not only support HBO but potentially other Time Warner offerings, such as Turner Broadcasting and Warner Bros. But these sources said that much of the plan...

  • Russian diamond miner Alrosa Q4 output up 8 pct q/q Thursday, 29 Jan 2015 | 1:00 AM ET

    MOSCOW, Jan 29- Russian diamond mining company Alrosa said on Thursday its fourth-quarter output rose 8 percent, quarter-on-quarter, to 10.6 million carats.

  • Nineteen of 20 analysts polled by Reuters expect the Banco de Mexico to hold its benchmark rate at 3 percent in its first policy decision statement at 1 p.m. local time on Thursday instead of the previous release time on Friday morning. "It is worth noting that previous rate cuts in Mexico have come as a surprise and that could be the case again this month," economist...

  • *2014 growth of 6.1 pct, second to China in Asia. MANILA, Jan 29- The Philippines rounded out 2014 as the fastest-growing economy in Asia after China, regaining momentum in the final quarter of the year on strong farm output and construction activity. "It validates our view that the most aggressive policy stance of the BSP based on our analysis for this year will be to...

  • *Stock regulator to inspect 46 firms on margin trading-Xinhua. SHANGHAI, Jan 29- China's stock regulator has launched a fresh probe into brokerages which are lending money to investors to speculate on stocks, amid concerns that the country's share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system.

  • TOKYO, Jan 29- Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. Japan's Nikkei slipped 0.4 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan extended its drop and...

  • SEOUL, Jan 29- Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc reported the biggest profit in corporate history. It was the mobile division's fifth consecutive quarter of decline, in contrast to Apple's record-breaking 74.5 million...

  • SHANGHAI, Jan 29- China's stock regulator has launched a fresh probe into brokerages which are lending money to investors to speculate on stocks, amid concerns that the country's share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system. "The inspection belongs to normal regular supervision and should not be...

  • In a letter to China's top cybersecurity policy group dated Jan. 28, the American Chamber of Commerce in China and 17 other U.S. business lobbies urged Beijing to postpone the implementation of the new policies. U.S. tech vendors such as Cisco and Microsoft Corp are facing increased pressure from Chinese authorities to accept rigorous security checks before...

  • BANGKOK, Jan 29- Thai factory output fell less than expected in December as exports rose, but it still dropped for a 21st straight month, a further sign that the economy remains wobbly. The Industry Ministry said output in December fell 0.35 percent from a year earlier, the smallest drop since the string of production shrinkages began in April 2013.

  • Yuan eases, remains near weaker edge of trading band Wednesday, 28 Jan 2015 | 11:40 PM ET

    SHANGHAI, Jan 29- China's yuan eased on Thursday following a weaker midpoint, hovering a few points away from the weaker edge of the daily trading limit on expectations of further weakness. The Chinese currency has been steadily softening along with emerging market peers due to a resurgent dollar, as the outlook for the U.S. economy continues to bolster the case...