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  • G20 DRAFT: CURRENT ECONOMIC CONDITIONS REQUIRE ACCOMMODATIVE MONETARY POLICY IN SOME ECONOMIES.

  • G20 DRAFT: MEMBERS WILL IMPLEMENT FISCAL POLICIES FLEXIBLY TO TAKE INTO ACCOUNT NEAR-TERM CONDITIONS WHILE PUTTING DEBT/GDP ON SUSTAINABLE PATH.

  • G20 DRAFT: POLICY SETTINGS SHOULD BE CAREFULLY CALIBRATED AND COMMUNICATED TO MINIMIZE NEGATIVE SPILLOVERS.

  • MELBOURNE, Feb 10- London copper edged up on Tuesday, tracking oil's recent recovery, but gains are likely to be capped due to worries about Chinese demand worries as businesses wind down ahead of the Lunar New Year holidays next week. Prices are rebounding from 5-1/ 2 year lows of $5,339.50, hit on Jan 26, but are not expected to gain steam until after Lunar New Year,...

  • BEIJING, Feb 10- China's annual consumer inflation hit a five-year low in January while factory deflation deepened, underscoring persistent weakness in the economy and heaping more pressures on policymakers to step up their efforts to support growth. The consumer price index rose 0.8 percent in January from December, the National Bureau of Statistics said...

  • BEIJING, Feb 10- China's consumer inflation slowed to a worse-than-expected rate of 0.8 percent in January, reinforcing signs of persistent weakness in the economy and broadening the scope for further stimulus steps by the central bank to ward off deflationary risks. The producer price index also missed forecasts, dropping 4.3 percent, the National Bureau of...

  • WASHINGTON, Feb 9- Australia has picked Britain's BAE Systems to carry out heavy maintenance of Lockheed Martin Corp's F-35 fighter jet in Australia from 2018 and Tasman Aviation Enterprises to service its engines, sources familiar with the decision said on Monday. In December, the Pentagon announced that Australia would handle heavy maintenance for the...

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies halted loading and unloading of freighters for the weekend, citing chronic cargo backups that shippers and dockworkers have blamed on each other during months of labor tensions. But a planned resumption of federally mediated contract talks was pushed back...

  • U.S. oil output "party" to last to 2020-IEA Monday, 9 Feb 2015 | 8:00 PM ET

    *Russia to be oil industry's "top loser" in medium term-IEA. *Demand for OPEC crude to rise in 2016, steady in 2015. LONDON, Feb 10- The United States will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.

  • Feb 9- U.S. apparel retailers Urban Outfitters Inc and Aeropostale Inc reported better-than-expected quarterly sales after holiday sales in the United States rose the most since 2011.. Urban Outfitters shares rose 7.5 percent in extended trading, while Aeropostale's stock jumped 21.2 percent. Aeropostale's net sales fell 11 percent to $594.5 million in...

  • *U.S. crude futures for March delivery lost 38 cents at $52.48 a barrel as of 0018 GMT after the contract finished up $1.17, or 2.3 percent, at $52.86 in the previous session. *In the prior session benchmark Brent oil futures for March settled up 54 cents, or nearly 1 percent, at $58.34 a barrel, after rallying to $59.61 at one point. *A poll of five analysts was taken ahead of...

  • TOKYO, Feb 10- Asian equities slipped on Tuesday as tensions over Greek debt terms and escalating conflict in Ukraine sapped risk appetite, while crude oil held its gains after surging on OPEC's optimistic demand forecast. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent. Prime Minister Alexis Tsipras on Sunday ruled out...

  • SINGAPORE, Feb 10- Gold clung to small overnight gains on Tuesday as worries over Greece's future in the euro zone and a decline in global equities supported the safe-haven metal. *Bullion got a boost on Monday as stock indexes worldwide slipped on fears over Greece and concerns over conflict in Ukraine. President Barack Obama signalled on Monday he will wait for...

  • WASHINGTON, Feb 9- Australia has picked Britain's BAE Systems to carry out heavy maintenance of Lockheed Martin Corp's F-35 fighter jet in Australia from 2018 and Tasman Aviation Enterprises to service its engines, sources familiar with the decision said on Monday. In December, the Pentagon announced that Australia would handle heavy maintenance for the...

  • CAMDEN, N.J., Feb 9- A lawyer representing the buyer of the bankrupt Revel Casino in Atlantic City said his client would miss a midnight Monday deadline to complete the purchase, amid concerns over precisely what his client is buying. Florida developer Glen Straub wanted to buy the casino without any obligation to existing leases held by the bars, clubs and...

  • Robots now perform roughly 10 percent of manufacturing tasks that can be done by machines, according to the Boston Consulting Group. The shift will mean an increasing demand for skilled workers who can operate the machines, said Hal Sirkin, a senior partner at Boston Consulting. For example, in the U.S. automotive industry, which is predicted to be one of the more...

  • SAN FRANCISCO, Feb 9- Microsoft and Samsung Electronics Co Ltd have settled a contract dispute over patent royalties, though terms of the settlement are confidential, Microsoft said in a statement on Monday. Microsoft sued Samsung last year in a federal court in New York, accusing Samsung of breaching a collaboration agreement by initially refusing to make...

  • Feb 9- Barclays Plc is planning to raise pay for junior investment bankers as the British bank seeks to retain talent, Bloomberg News reported, citing two persons familiar with the matter. Barclays' overall bonus pool is expected to shrink, Bloomberg reported citing another person familiar with the matter. European banks, including Barclays, Deutsche Bank,...

  • The deal also requires Qualcomm to lower its royalty rates on patents used in China, likely helping Chinese smartphone makers like Xiaomi Technology Co Ltd and Huawei Technologies Co Ltd. It removes a major source of concern among Qualcomm investors, sending shares of the U.S. chipmaker up 1.6 percent to $68.18 in after-hours trading. Qualcomm said in a...

  • Feb 9- Microsoft and Samsung Electronics Co Ltd have ended their contract dispute over patents, though terms of the settlement are confidential, Microsoft said in a statement on Monday.