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  • G20 COMMUNIQUE SAYS MEMBERS WILL CONTINUOUSLY REVIEW MONETARY AND FISCAL POLICY SETTINGS AND ACT DECISIVELY IF NEEDED.

  • *Greece to detail debt plan to euro zone finance ministers. LONDON, Feb 10- Greek financial markets rallied on Tuesday on the eve of an emergency meeting of euro zone finance ministers that some hope could be the first step towards finding an agreement to ease the standoff between Greece and its lenders. A report by MNSI, citing sources, said the European Commission...

  • DETROIT, Feb 10- Plans by General Motors Co's chief executive officer to keep a big cash cushion for the automaker has come under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 bankruptcy. Harry Wilson, who was a member of the task force, notified the Detroit automaker on Monday that he...

  • FINAL ISTANBUL G20 COMMUNIQUE LARGELY UNCHANGED FROM DRAFT OBTAINED BY REUTERS OVERNIGHT.

  • CARACAS, Feb 10- Venezuela on Tuesday will unveil a new foreign exchange system which is likely to ease the country's three-tiered currency controls but also mean a large devaluation of the bolivar currency. Finance Minister Rodolfo Marco and Central Bank President Nelson Merentes were to give details at a news conference at 11 a.m. local time, the government...

  • BlackBerry names new chief security officer Tuesday, 10 Feb 2015 | 10:09 AM ET

    TORONTO, Feb 10- BlackBerry Ltd named David Kleidermacher as its chief security officer on Tuesday, moving to further bolster the smartphone maker's credentials with security-conscious clients, including big players in the defense, automotive and healthcare sectors. Green Hills' technologies power systems as diverse as medical devices and aircraft made...

  • Feb 10- KKR& Co LP on Tuesday reported an 89 percent drop in fourth-quarter profit, much steeper than expected, becoming the latest alternative asset manager to report lower earnings because of plunging oil prices. Peer Apollo Global Management LLC said last week its fourth-quarter profit fell by 79 percent. Adding to its woes was U.S. oil and gas producer Samson...

  • LONDON, Feb 10- British Business Secretary Vince Cable has written to HSBC questioning how quickly its Swiss private banking arm stopped practices which may have helped customers avoid tax, saying he's troubled by claims they "may have continued much more recently." In a letter to Douglas Flint, HSBC's group chairman, Cable said he was "particularly troubled" by...

  • WASHINGTON, Feb 10- U.S. wholesale inventories barely rose in December, the latest suggestion that fourth-quarter growth could be revised lower. The Commerce Department said on Tuesday wholesale inventories edged up 0.1 percent as lower crude oil prices weighed on the value of petroleum stocks. Stocks at wholesalers had increased by an unrevised 0.8 percent...

  • *Aeropostale boosts outlook, shares jump. The European Commission said there was no formal proposal for resolving Greece's debt problems, although talks were intensive ahead of a series of meetings of euro zone finance ministers and EU leaders in Brussels. "Markets have been driven by this Greek drama and, as it plays out in real time in front of us, anything that...

  • Feb 10- CVS Health Corp reported a better-than-expected quarterly net revenue, boosted by growth in its Medicaid business and strength in specialty drug sales. CVS became the first national drugstore chain in the United States to take cigarettes off its shelves from Oct. 1. CVS Health has focused on developing its specialty pharmacy business, which sells drugs...

  • NEW YORK, Feb 10- The rebound in oil prices lost some momentum on Tuesday as U.S. crude traded lower for the first time in four sessions after the International Energy Agency warned of more selloffs in the near term as stocks continue to rise. Ian Taylor, chief executive of Swiss-based, Dutch-owned energy and commodity trader Vitol, added to the bearish sentiment,...

  • PARIS, Feb 10- Media leaks on HSBC accounts held in Switzerland "are only the tip of the iceberg," Herve Falciani, the former HSBC employee who supplied information on the bank's clients and their tax situation, told French daily Le Parisien. HSBC client data obtained by Falciani, who used to work in IT at HSBC's Swiss subsidiary, is at the centre of a storm over the...

  • ISTANBUL, Feb 10- Compelling arguments will be required to cause the Bank of Canada to target something other than inflation, Governor Stephen Poloz said on Tuesday, also citing reasons not to lower the 2 percent target level. The government and the Bank of Canada will have to decide by the end of next year whether to renew the five-year agreement requiring the...

  • NEW YORK, Feb 10- U.S. stocks opened higher on Tuesday, rebounding after two straight down sessions, on hopes a deal in Greek debt negotiations was drawing closer.

  • CARACAS, Feb 10- Venezuela on Tuesday will unveil a new foreign exchange system that is likely to ease the country's three-tiered currency controls but would also mean a hefty devaluation of the bolivar currency. Finance Minister Rodolfo Marco and Central Bank President Nelson Merentes were to hold a news conference at 11 a.m. local time on a "new exchange...

  • LONDON, Feb 10- British government ministers were unaware that HSBC may have been involved in wrongdoing in its Swiss banking arm until the "last couple of days", a spokeswoman for Prime Minister David Cameron said on Tuesday. HSBC Holdings Plc faces investigation by U.S. authorities and an inquiry by British lawmakers after admitting failings by its Swiss...

  • U.S. burns record natgas to generate power in January Tuesday, 10 Feb 2015 | 9:24 AM ET

    Power generators used an average 23.1 billion cubic feet per day of gas in January 2015, up 13 percent from the 20.5 bcfd average in January 2014, according to Thomson Reuters Analytics. Northeast, have provided gas-fired plants with a significant advantage over coal despite warmer temperatures and lower demand for heating this winter, "said Kyle Cooper at IAF...

  • Feb 10- Yelp Inc, operator of the consumer review website Yelp.com, said it acquired an online food ordering service provider and also raised its revenue forecast for the current quarter. Yelp's shares rose 4.6 percent to $44.14 in premarket trading. Yelp raised its current-quarter revenue forecast to $118.5 million- $120.5 million from $114 million- $116...

  • Feb 10- Deep-discount retailer Ollie's Bargain Outlet, known for the signature catch phrase "good stuff cheap," is preparing for an initial public offering, according to people familiar with the matter. The Harrisburg, Pennsylvania- based company, which is owned by Chief Executive Officer Mark Butler and private equity firm CCMP Capital Advisors LLC, is working...