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  • Hasbro's holiday quarter profit rises about 31 pct Monday, 9 Feb 2015 | 6:45 AM ET

    Feb 9- Hasbro Inc, the second-largest U.S. toymaker, reported a nearly 31 percent rise in quarterly profit, helped by demand for its Transformers, Nerf and Marvel toys in the holiday shopping season. Net income attributable to Hasbro rose to $169.9 million, or $1.34 per share, in fourth quarter ended Dec. 28, from $129.8 million, or 98 cents per share, a year earlier.

  • KIEV, Feb 9- Ukraine's government will ask parliament to meet Feb. 23- 27 to discuss budget changes "vital" for the successful completion of talks with the International Monetary Fund, Interfax news agency quoted a deputy prime minister as saying on Monday. An IMF team is in Kiev for talks with Ukrainian authorities about boosting financial support to Ukraine and...

  • LONDON, Feb 9- OPEC sharply raised a forecast of demand for its own oil in 2015, saying the halving in prices since June would slow production in the United States and other countries faster than previously thought. OPEC slashed its forecast for the rate of growth in non- OPEC supply by 420,000 bpd from last month's report to 850,000 bpd, partly due to a slowdown in...

  • *Also hope he can copy asset sale success of Statoil. LONDON, Feb 9- Britain's BG Group rushed in its new chief executive nearly a month early on Monday after reporting a $6 billion writedown last week that underlined the huge turnaround task he faces. Helge Lund, Statoil's former CEO, will have to work against the clock if he is to replicate the success he wrought...

  • WASHINGTON/ DONETSK, Ukraine, Feb 9- German Chancellor Angela Merkel is set to argue against arming Ukraine in its conflict against Russian-backed rebels in Washington on Monday in the face of intense U.S. But critics of Obama's cautious foreign policy approach are already demanding decisive U.S. action to help Kiev fight the separatists in eastern Ukraine,...

  • WASHINGTON, Feb 9- The United States urged Greece and Europe to "tamp down the rhetoric" in heated discussions over Athens' hopes of easing back on austerity measures. Treasury Secretary Jack Lew told U.S. broadcaster CNBC in an interview taped Sunday night. "There needs to be a conversation where Greece and all of the parties that it's engaged with, look for a...

  • *China imports fall 19.9 pct in January as growth slows. LONDON, Feb 9- Brent crude prices steadied near $58 a barrel on Monday as falling U.S. oil rig counts and signs of healthy U.S. growth offset concerns over the strength of the Chinese economy. Global benchmark Brent crude oil for March was up 10 cents at $57.90 a barrel by 1118 GMT after rising as high as $59.06...

  • PARIS, Feb 9- Carrefour, Europe's largest retailer, said on Monday it had named two deputy chief executives to assist Chairman and CEO Georges Plassat while he recovers from surgery. The two remained "in close contact" with 65 year-old Plassat while George Ralli, a Carrefour board member and head of the IPF Partners investment fund, would become vice-chairman.

  • LONDON, Feb 9- British Prime Minister David Cameron chaired a meeting with officials from the finance ministry and the Bank of England on Monday to plan for a possible Greek exit from the euro zone, a finance ministry source said. British finance minister George Osborne said on Sunday that Britain was stepping up contingency planning, and that the stand-off...

  • LONDON, Feb 9- Gold rose on Monday, rebounding from a three-week low hit in the previous session, as the dollar dropped and European equities suffered from soft Chinese trade data coupled with worries about Greece. "There is a lot of volatility in the market, triggered by how elements of the macro environment interact: you have the U.S. interest rate hike talk but also...

  • 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...

  • Sluggish economy hits Russian fuel demand Monday, 9 Feb 2015 | 6:13 AM ET

    MOSCOW, Feb 9- An economic downturn exacerbated by a falling rouble and Western sanctions over Ukraine has hit fuel demand in Russia, forcing energy companies to cut retail prices and adding to the pressure many of them are feeling from lower oil prices. The rouble has plunged around 50 percent against the dollar and oil, Russia's chief export, has declined about...

  • Feb 9- Hotel, energy and financial services conglomerate Loews Corp reported a 13 percent fall in quarterly profit from continuing operations, mainly due to lower investment income. Income from continuing operations fell to $215 million, or 57 cents per share, in the fourth quarter ended Dec. 31, from $248 million, or 64 cents per share, a year earlier.

  • Feb 9- Rig contractor Diamond Offshore Drilling Inc reported a 7 percent drop in quarterly revenue as demand dropped due to weak oil prices, and said it would not pay a special dividend, a first since 2006.. The Houston- based company's revenue fell to $675.3 million in the fourth quarter from $726.5 million a year earlier. The company's net income rose to $98.8...

  • ISTANBUL, Feb 9- Canadian Finance Minister Joe Oliver called on Monday for compromise over Greece's debt, telling Reuters that while Athens must not make a wholesale repudiation of its debt, its creditors also needed to work with it to arrive at a compromise solution. It's clear that Greece has got to be prepared to make some changes, and I think a wholesale...

  • Signs of economic pick-up in euro zone - OECD Monday, 9 Feb 2015 | 6:00 AM ET

    The leading indicator, designed to detect turning points in major economies, signaled stable growth in most big economies and signs of a pick-up within the euro zone in Germany, Italy and Spain, the Organization for Economic Cooperation and Development said. "The CLIs indicate stable growth momentum also in the OECD area as whole and in some of the major...

  • ISTANBUL, Feb 9- Bank of England Governor Mark Carney has urged the G20 to mount a "big push" to implement global regulatory reforms, fearing that governments may be tiring of non-stop rulemaking since the financial crisis six years ago. The G20 meeting in Turkey's financial capital this week will kick off discussions on whether there are "unintended...

  • *China aluminium semis exports drop, still at strong levels- Citi. LONDON, Feb 9- Copper edged up on Monday as investors shrugged off worse than expected Chinese trade data, but nickel slipped after record inventories showed that expected shortages have failed to appear. "The Chinese data was surprisingly weak across the board, from iron ore to copper and...

  • DAKAR, Feb 9- Cameroon has nearly tripled its debt issuance plans for 2015 to 900 billion CFA francs, amid a shortfall in oil revenues due to the slump in global oil prices. The cocoa, crude, and timber-producing Central African country, follows other oil-dependent nations such as neighbours Nigeria and Gabon, which have revised their oil benchmarks, cut spending...

  • MOSCOW, Feb 9- Russian assets strengthened on Monday, supported by the prospect of new diplomacy in the Ukraine crisis and further government support for businesses hit by Western sanctions and the country's economic slowdown. The leaders of Russia, Ukraine, Germany and France have agreed to meet in Belarus on Wednesday to try to broker a peace deal for Ukraine,...