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  • *Debaltseve and Donetsk shelled in east Ukraine. VUHLEHIRSK, Ukraine, Feb 16- Pro-Russian rebels pounded encircled Ukrainian government forces on Monday and Kiev said it would not pull back heavy guns while a truce was being violated, leaving a European-brokered peace deal on the verge of collapse a day after it took effect. Fighting had subsided in many parts of...

  • LONDON, Feb 16- International regulators struggling to rein in the $5 trillion- a-day global foreign exchange market are finally finding some support from asset managers warming to the idea of moving more trading onto exchanges. "We are talking to people who are planning to shift 10-20 percent of their portfolios to some form of exchange-based or cleared...

  • MOSCOW, Feb 16- Pro-Russian rebels will open a safe corridor for Ukrainian troops to leave the encircled town of Debaltseve in east Ukraine if they laid down their weapons, Interfax news agency quoted a separatist commander as saying on Monday. "We propose opening a corridor for to lay down their arms and leave. We don't even suggest they be taken prisoner, "the...

  • JERUSALEM, Feb 16- Israel's economy expanded at its fastest rate in almost eight years in the fourth quarter, growing an annualised 7.2 percent in a rebound from a war-battered third quarter, official data showed on Monday. The economy was hurt in the third quarter by the 50- day Gaza war in July and August, which curtailed factory output, kept consumers home and led...

  • AZERI C.BANK SAYS ABANDONS CURRENCY PEG TO THE DOLLAR FROM FEB.16.

  • MOLDOVAN CENTRAL BANK SAYS OFFICIAL AVERAGE RATE OF NATIONAL LEI CURRENCY AT NEW ALL-TIME LOW OF 18.96 TO DOLLAR VS 18.82 ON FRIDAY- WEBSITE.

  • PRO-RUSSIAN REBELS IN EAST UKRAINE SAYS WOULD OPEN CORRIDOR FOR UKRAINIAN TROOPS TO LEAVE DEBALTSEVE IF THEY LAID DOWN WEAPONS- IFX.

  • *Markets broadly steady before Greece debt talks. LONDON, Feb 16- Global shares hit their highest since September and the euro firmed on Monday with investors cautiously optimistic euro zone finance ministers would reach a deal to shore up Greece's dwindling finances. The prospect that Greece and its partners will find common ground in talks later in the day...

  • European shares mark time ahead of euro zone meeting Monday, 16 Feb 2015 | 7:01 AM ET

    *Actelion falls after warning on impact of higher franc. LONDON/ PARIS, Feb 16- European stocks slipped on Monday, taking a breather following last week's sharp gains, as investors awaited a euro zone finance ministers' meeting in Brussels to see if common ground will be found with Greece's new government. Greece's finance minister and his euro zone peers, together...

  • CALGARY, Alberta, Feb 16- After years of enduring spiralling operating costs Canada's oil and gas industry is being hit by price deflation, as producers push to share the pain of low crude prices with contractors, service providers and suppliers. "The pressure on pricing was almost instantaneous and right across the board," Precision Drilling Corp Chief...

  • BERLIN/ LONDON, Feb 16- Europe's airlines are racing to add Wi-Fi to their planes, eager to attract Internet-hungry customers in a cut-throat short-haul market and potentially add millions of dollars of revenue through entertainment, services and advertising. In Europe, adoption of a ground-to-air service such as that in the United States, is harder due to the...

  • LONDON, Feb 16- Britain's financial watchdog said it was working closely with HSBC and other agencies to make sure the bank was meeting conduct standards after allegations its Swiss unit helped hundreds of people to dodge tax. Jon Cunliffe, deputy governor at the Bank of England, HSBC's other main regulator in Britain, said on Friday the BoE may look into the tax...

  • UKRAINE'S CENTRAL BANK SETS OFFICIAL HRYVNIA CURRENCY RATE AT 26.05, BEYOND 26 TO THE DOLLAR FOR THE FIRST TIME.

  • *China markets closed from Feb. 18 for Lunar New Year holiday. LONDON, Feb 16- Copper retreated on Monday from a three-week high hit on Friday as volumes shrank ahead of the Lunar New Year holiday in China and traders worried about the outlook for demand from the world's top metals consumer. Trading volumes have tailed off as market participants in China wind down...

  • NEW DELHI, Feb 16- India sealed a nuclear energy agreement with Sri Lanka on Monday, its first breakthrough with the new government of the tiny Indian Ocean island where China has been building ports and highways in a diplomatic push in recent years. Under the deal, India will help Sri Lanka build its nuclear energy infrastructure, including training of personnel,...

  • *Euro zone ministers meet for Greece talks. LONDON, Feb 16- Gold rose for a third straight session on Monday, as the dollar weakened before a meeting of euro zone finance ministers on how to proceed with Greece's bailout program. "Gold recovered last Friday after disappointing U.S. data and it is relatively well supported, given the still ongoing risks in Greece,"...

  • *No appetite to give Greece money without guarantees-Schaeuble. PARIS/ ATHENS, Feb 16- Debt-laden Greece and EU paymaster Germany struck hardline postures ahead of a crucial meeting of euro zone finance ministers on Monday on the future of an unpopular international bailout for Athens, but France called for compromise. German Finance Minister Wolfgang...

  • *About 40 pct of hedge funds closures globally in Europe. *Europe funds lag U.S. peer performance for eighth year. LONDON, Feb 16- Hedge funds in Europe are shutting down at the fastest-ever pace as rising costs, weak performance and a slowdown in the pace of new investment leads some embattled founders to bail out.

  • LONDON, Feb 16- Asset managers, often vocal campaigners against inflated city wages, have seen their own pay packets grow by a fifth since the 2007 financial crisis, even as banker pay dropped by a quarter, according to new analysis. Asset managers now earn on average $263,000 compared with $288,000 for investment bankers, an analysis of the public records of 12...

  • Dividend growth likely to slow after record 2014 Monday, 16 Feb 2015 | 5:50 AM ET

    LONDON, Feb 16- A record-breaking year for dividends in 2014 is unlikely to be followed by much growth this year as a slump in oil prices and a surging U.S. dollar cast a shadow over payouts from energy and emerging markets companies, a new report has said. Asset-manager Henderson Global Investors said on Monday it expected global dividends to rise by 0.8 percent to...