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  • LONDON, Feb 9- Greek financial markets sank further on Monday after Prime Minister Alexis Tsipras made a speech showing little intention of sticking to the terms of the international bailout keeping Greece afloat. Other European markets also felt some limited selling pressure due to concerns about Greece, which had its credit rating cut by Standard& Poor's on...

  • *Oil rises on OPEC forecast of greater demand, less supply. NEW YORK, Feb 9- Stock indexes worldwide slipped on Monday after weaker-than-expected Chinese trade data and on uncertainty about Greece's position in the eurozone, while oil prices rose after an optimistic demand forecast from OPEC. Tensions rose further on Monday after European Commission...

  • CAPE CANAVERAL, Fla., Feb 9- Space Exploration Technologies will try again Tuesday to launch a Falcon 9 rocket with a U.S. satellite intended to watch for threatening solar storms, NASA said on Monday. Liftoff from Cape Canaveral Air Force Station in Florida had been planned for Sunday, but was called off two minutes before launch because of a problem with an Air...

  • LONDON, Feb 9- Africa- focused oil explorer Taipan Resources is seeking at least $10 million in damages from EAX, its partner in a Kenyan oil field and a subsidiary of London- listed oil firm Afren. "Afren believes that the claim has no grounds and the company will defend its position," an Afren spokesman said. Taipan Resources owns 20 percent of the Block 1 oil field...

  • Payout to Madoff victims tops $7.2 bln Monday, 9 Feb 2015 | 11:59 AM ET

    NEW YORK, Feb 9- The trustee liquidating Bernard Madoff's firm on Monday said he is distributing another $355.8 million to the swindler's victims, bringing the total payout to more than $7.2 billion. Irving Picard, the trustee, said the payout began on Feb. 6, and covers claims by fraud victims with 1,077 accounts at the former Bernard L. Madoff Investment...

  • NEW YORK, Feb 9- Puerto Rico vowed on Monday to take steps to counter a court ruling striking down a local bankruptcy law that has raised fears of a messy restructuring for the indebted U.S. commonwealth. Puerto Rico's Government Development Bank, the financing arm of the U.S. commonwealth, went on the offensive early on Monday. The ruling late on Friday came as...

  • Feb 9- Rig contractor Diamond Offshore Drilling Inc said it expected a significant number of ultra-deepwater rigs to be idled across the industry by year-end as oil producers' capital budget is likely to be lowered by a fifth this year. Diamond Offshore slashed its special dividend to 75 cents per share in 2010 following an oil price crash.

  • Feb 9- General Motors Co received another 57 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 4,237, according to the administrator of the company's compensation program. Through Friday, GM had received 462 claims for death, 282 for catastrophic injuries and 3,493 for less-serious injuries requiring...

  • NEW YORK, Feb 9- Buenos Aires is aiming to get better pricing than the sovereign when it comes to market with a new bond in the days ahead, hoping to show it is a better credit than Argentina itself. Two investors who met with city officials said Buenos Aires wants to price inside the sovereign's curve on a planned five-year non-call two bond to refinance debt...

  • Treasury debt prices rose on Monday as global investors sought shelter in safe-haven sovereign debt due to Greece's stand-off with the European Union and deadlier fighting in Ukraine. Economic data showing a drop in China's imports and exports aggravated worries about global growth outside the United States, according to analysts. "Concerns over the Greek...

  • *Qualcomm up, nears deal with China on antitrust dispute. "China is a negative and Greece is a negative, certainly Greece is something investors have lived with for a while and it's not a huge surprise," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey. On Monday, European Commission President Jean-Claude...

  • Feb 9- McDonald's Corp on Monday reported a steeper-than-expected drop in January sales at established restaurants and pinned a big portion of the blame on the after-effects of food safety scandals in China and Japan. January marked the eighth straight month of worldwide same-restaurant sales declines at McDonald's, which is replacing Chief Executive Don...

  • Netflix launches streaming service in Cuba Monday, 9 Feb 2015 | 11:23 AM ET

    Feb 9- Netflix Inc said it launched its movie and TV streaming service in Cuba on Monday. The service, starting at $7.99 per month, will be available to customers with international payment cards, Netflix said in a statement. Netflix said last month it would complete its expansion into 200 countries within two years, faster than expected, as the company builds its...

  • ABUJA, Feb 9- Nigeria's agreement to delay this week's election on the advice of security forces creates a worrying echo for some of the annulment of 1993' s democratic vote by a military government. The election this Saturday in Africa's biggest economy was set to be the closest fought since the end of military dictatorship in 1999. President Goodluck Jonathan...

  • ATHENS/ ISTANBUL, Feb 9- Greece and its euro zone partners engaged in brinkmanship on Monday, with leftist Prime Minister Alexis Tsipras insisting his country would not extend its reform-linked bailout and Germany saying it would get no more money without such a programme. Escalating the rhetoric, Greece's finance minister said the euro zone could collapse "...

  • Deloitte names first female CEO of a Big 4 firm Monday, 9 Feb 2015 | 11:09 AM ET

    NEW YORK, Feb 9- Deloitte LLP has named veteran Cathy Engelbert as chief executive officer, making her the first woman to become CEO of a major U.S. accounting and consulting firm. Engelbert, 50, was formerly chairman and chief executive of Deloitte& Touche LLP, the U.S. auditing subsidiary of Deloitte LLP. Deloitte LLP is the U.S. arm of Deloitte Touche Tohmatsu, one of...

  • BRUSSELS, Feb 9- Rich nations provided nearly $15 billion over a decade from 2003 to 2013 to fund exports of coal-fired power plant and coal mining technology, data seen by Reuters shows, defying calls to end subsidies for the most polluting of the fossil fuels. A document prepared late last year by the Paris- based Organisation for Economic Cooperation and...

  • Feb 9- Hasbro Inc reported a better-than-expected quarterly adjusted profit, helped by demand for its toys for boys based on Transformers movies and characters from Marvel comics in the holiday shopping season. Sales of toys for boys, Hasbro's largest business, rose about 21 percent in the fourth quarter ended Dec. 28. Hasbro's results were comparatively...

  • Feb 9- Oilfield services provider C&J Energy Services Inc cut the cash portion of its offer to buy Nabors Industries Ltd's well maintenance business by $250 million after oil prices halved since the deal was announced in June. With the cash component of the offer reduced to $688 million, the deal is now valued at about $1.45 billion based on C&J Energy's Friday...

  • BOSTON, Feb 9- New York's Financial Services Department said on Monday it planned to do regular cybersecurity reviews of insurers in the wake of the massive breach at health insurer Anthem Inc.. "We're still in the process of finalizing and determining the enhanced requirements, but we are moving quickly and expect to begin putting them forward in the coming...