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  • *Clock ticks on Athens as ECB governors meet in Frankfurt. FRANKFURT, Feb 18- European Central Bank policymakers debated on Wednesday whether to allow more emergency funding for Greek banks with opinions divided as Athens came under pressure to accept an extended aid-for-reform program. "The question is how things will continue with Greece," said one European...

  • YOUR MONEY-How to turn your dog into a cash cow Wednesday, 18 Feb 2015 | 11:35 AM ET

    Feb 18- Your dog may never make it like the beagle Miss P, winner of the 2015 Westminster Kennel Club's best in show award, but he or she may still have a shot at becoming a YouTube star or nabbing a modeling contract based on an Instagram photo. He even got a deal from Virgin America Inc to be its official "pet liaison." "People who have over half a million followers are...

  • *Trading thinned in Asia by Lunar New Year holiday. Attempts by Islamic State militants to capture Iraqi oil facilities has forced traders "to price in some geopolitical risk premium related to the increased turmoil spreading across the... region," Jim Ritterbusch, president at Ritterbusch& Associates, said in a research note. Front-month Brent April crude...

  • Zhang Guangning, chairman of the China Iron& Steel Association, started it, when he told the Association's annual conference in January that " China's steel sector has already entered a period of peaking and flattening out. Because China, the engine of global steel production and consumption, is not supposed to have reached the stage of "peaking and flattening" yet.

  • TORONTO, Feb 18- Canada's main stock index slipped on Wednesday as a recent rally in the price of oil began showing signs of losing momentum, weighing on energy producers' shares. Investors also followed news that Greece will submit a request to the euro zone to extend a "loan agreement" for up to six months. However, Germany said no such deal was in the works and Athens...

  • CSX SAYS OIL TRAIN TANK CARS STILL ON FIRE AFTER MONDAY DERAILMENT IN WEST VIRGINIA, LEAKS POTENTIALLY CONTINUING.

  • WASHINGTON, Feb 18- The United States urged Greece on Wednesday to strike a deal with European authorities and the International Monetary Fund over a financial lifeline for the debt-laden nation, warning that failure to reach agreement would lead to immediate hardship. "urged Greece to find a constructive path forward in partnership with Europe and the IMF," a...

  • Brazil finally gets some rain, but rationing still looms Wednesday, 18 Feb 2015 | 10:59 AM ET

    A cold front along Brazil's southeastern coast near the two principal cities of Sao Paulo and Rio de Janeiro brought heavy rains on Sunday, Monday and Tuesday to most of the region and the neighboring center-west, home to much of the country's farm belt. Water levels in reservoirs run by Sabesp, which manages most water and sewage services in the state of Sao Paulo,...

  • TREASURIES-Prices rise as U.S. data cools rate-hike bets Wednesday, 18 Feb 2015 | 10:58 AM ET

    NEW YORK, Feb 18- U.S. Earlier, in overseas trading, the yield stood at a high of 2.164 percent, a level last seen on Jan. 2. "From the Fed perspective, when you get inflation numbers like this, it's harder to move the needle on getting closer to raising rates," said Thomas Simons, money market economist at Jefferies LLC in New York.

  • *Optimism for Greece deal cushions euro. NEW YORK, Feb 18- The U.S. dollar rose against a basket of major currencies on Wednesday on expectations that Federal Reserve policy meeting minutes will support a trend of higher U.S. yields, while the euro held within recent ranges on optimism over Greece. "There's a little bit more confidence with being long dollars...

  • Weak vessel demand keeps Baltic index at record lows Wednesday, 18 Feb 2015 | 10:57 AM ET

    Feb 18- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit another record low on Wednesday as demand for vessels fell ahead of the Lunar New Year holiday. Average daily earnings for capesizes, which typically transport 150,000 tonne cargoes such as iron ore and coal, decreased $274 to $5,447.

  • Feb 18- Citigroup Inc said it would set aside $100 billion to fund environmental projects over the next decade, doubling the amount it had earmarked for such projects in 2007.. Citigroup financed the Solar Star photovoltaic project in Southern California for Berkshire Hathaway Energy in 2013.. The project, constructed by Sunpower Corp, is expected to generate...

  • Feb 18- Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria hotel brand, forecast lower-than-expected earnings for the first quarter and full year as a strong dollar makes it more expensive for foreigners to travel to the United States. The company, which also owns the Conrad brand, gets about three-quarters of its revenue from the United States.

  • Feb 18- Boeing Co will keep returning significant cash to shareholders and will not cut production of wide-body 777 jetliners as it shifts to a new version later this decade, Chief Executive Officer Jim McNerney said on Wednesday. His remarks suggested that Boeing believes it can generate cash by delivering already-sold aircraft while winning new sales.

  • Feb 18- Greece is burning through its cash reserves and will not be able to meet payment obligations beyond the end of March at the latest unless it secures additional funds from its creditors, a person familiar with the figures told Reuters on Wednesday. Athens is locked in a battle with euro zone partners over the future of its bailout program, which is due to...

  • RIO DE JANEIRO, Feb 18- Brazilian steelmaker Usiminas said on Wednesday it posted a net loss of 117 million reais in the fourth quarter due to low steel demand from a stalling local economy and falling iron ore prices. Analysts had forecast a quarterly net loss at Usinas Siderurgicas de Minas Gerais SA, as the company is formally known, of 118.81 million reais,...

  • *Could fund minority stake in Germany's Lanxess. DUBAI, Feb 18- State oil giant Saudi Aramco is talking to banks about taking a $10 billion loan for general business purposes, according to two banking sources aware of the matter, with one saying the deal could close by the end of the month. Aramco also has a $4 billion existing loan due to mature later this year, and has...

  • Feb 18- Virgin America Inc on Thursday reported a lower-than-expected quarterly profit but forecast unit revenue for the current period in line with its industry peers, and its shares rose nearly 7 percent. Excluding costs from its November initial public offering and other special items, Virgin America earned 71 cents per share. Virgin America said it...

  • *Stocks in Europe climb to new highs; U.S. flat ahead of Fed. NEW YORK, Feb 18- Stocks in Europe marched to multi-year highs on Wednesday as investors shrugged off uncertainty over Greece's negotiations with its creditors. The Greek government said it will request a loan extension for up to six months on Thursday but Germany said no such deal is on the table and Greece...

  • WASHINGTON, Feb 18- The United States urged Greece on Wednesday to strike a deal with European authorities and the International Monetary Union over a financial lifeline for the debt-laden nation, warning that failure to reach agreement would lead to immediate hardship. Treasury Secretary Jack Lew and Greek Finance Minister Yanis Varoufakis.