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  • SYDNEY, Feb 9- Australian Prime Minister Tony Abbott's tenuous grip on power has again put climate-change policy at the centre of the nation's political leadership struggle, raising concerns among miners and hopes for renewable energy advocates. Abbott, a climate-change sceptic, faces a vote on his leadership of the conservative Liberal Party on Monday,...

  • In Macau, casino titans join China reform wagon Sunday, 8 Feb 2015 | 4:00 PM ET

    HONG KONG, Feb 9- Leading China's anti-corruption campaign, President Xi Jinping warned Macau last December that the world's biggest gambling hub needs to be about more than baccarat. "When you hear the central government and the Macau government urged operators to diversify the attractions of their facilities... they are preaching to the choir.

  • NEW DELHI, Feb 9- Taken at face value India will post robust quarterly growth figures on Monday, but changes in the way Asia's third largest economy is measured has left analysts and the government's own chief economic advisor doubting how far the data can be trusted. Just over a week ago, everyone was working under the assumption that India was still struggling to...

  • ATHENS, Feb 8- Leftist Prime Minister Alexis Tsipras laid out plans on Sunday to dismantle Greece's "cruel" austerity programme, ruling out any extension of its international bailout and setting himself on a collision course with his European partners. In his first major speech to parliament since storming to power last month, Tsipras rattled off a list of moves...

  • ATHENS, Feb 8- Greece's new leftist prime minister, Alexis Tsipras, said on Sunday he would not accept an extension to Greece's current bailout, setting up a clash with EU leaders- who want him to do just that- at a summit on Thursday. In his first major speech to parliament as premier, the prime minister said he was still optimistic he could reach agreement with...

  • Feb 8- Investment analysts are criticizing Warren Buffett over the quality of the financial disclosures of his company, Berkshire Hathaway, the Financial Times reported on Sunday. The FT interviewed five of the six analysts who cover the $370 billion company, which is the third largest on the U.S. stock market. Buffett told the FT that he prefers communicating...

  • *Varoufakis says Italy's debt is "unsustainable". ROME, Feb 8- If Greece is forced out of the euro zone, other countries will inevitably follow and the currency bloc will collapse, Greek Finance Minister Yanis Varoufakis said on Sunday, in comments which drew a rebuke from Italy. The euro zone faces a risk of fragmentation and "de-construction" unless it faces up to the...

  • The U.S. lobbying effort comes amid mounting concerns in Brussels and Washington about the hardline stance taken by some members of the euro zone, particularly Germany, that Greece must press on with its budget-cutting commitments, according to the report, which cited European Union and U.S. officials. A U.S. delegation is heading to Athens, led by the Treasury...

  • Concern over the ability of the United States to sustain the global economy as most of the world slows will be high on the agenda as the Group of 20 leading economies hold talks in Istanbul on Monday and Tuesday. The meetings come as Greece casts a new shadow over Europe, cheap oil plays havoc with inflation and growth forecasts and a strengthening dollar...

  • The Oscar-nominated war film starring Bradley Cooper and directed by Clint Eastwood finished in second place with $24.2 million at U.S. and Canadian theaters for Friday through Sunday, according to studio estimates. "The reviews were really excellent, including from some serious, tough critics," said Megan Colligan, president of worldwide distribution for...

  • The top films at the North American box office Sunday, 8 Feb 2015 | 12:01 PM ET

    Feb 8- Following are the top 10 movies at North American box offices for the three days starting Feb. 6, led by "The SpongeBob Movie: Sponge Out of Water," according to studio estimates compiled by Reuters. $56.0 million 2 American Sniper........................ $24.2 million 3 Jupiter Ascending......................

  • Feb 8- A talking animated sponge knocked a Navy Seal sharpshooter from the top of the box office chart as "The SpongeBob Movie: Sponge Out of Water" took $56 million in ticket sales, deposing "American Sniper" after a three-week run at number 1.. The Oscar-nominated war film starring Bradley Cooper and directed by Clint Eastwood finished in second place with $24.2...

  • The Falcon 9 rocket is targeted for launch at 6:10 p.m. EST from Cape Canaveral Air Force Station in Florida. Perched on top of the booster is the Deep Space Climate Observatory, nicknamed DSCOVR, and jointly owned by NASA and the National Oceanic and Atmospheric Administration. The satellite, then called Triana- and lampooned as "GoreSat"- was due to launch on the...

  • MOSCOW, Feb 8- Russia has put 199 major companies on a list of strategic firms eligible for state assistance under the government's plan to help the ailing economy, the Economy Ministry said on Sunday. Russia is sliding towards recession and Moscow has come up with an anti-crisis plan promising state support for various sectors of the economy but giving few...

  • ISTANBUL, Feb 8- World financial leaders are likely to agree on Tuesday to cut the number of actions they will take this year to boost growth to only 5-10 priorities per country to make it easier to check if they are being done, European officials said. "We support the Presidency's intention that G20 members agree on a shortlist of measures with the highest growth...

  • DUBLIN, Feb 8- The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year. Aer Lingus' board recommended the 1.36 billion euro offer from International Consolidated Airlines Group last month, subject...

  • MOGADISHU, Feb 8- Somalia's prime minister urged the U.S. government and U.S. banks to support money transfer firms that offer a lifeline for many in the war-torn Horn of Africa nation. About 40 percent of all Somali families rely on remittances from another country, and the estimated annual total of $1.3 billion is more than all foreign aid and investment in...

  • *Europeans spar with U.S. senators over arming Ukraine. MUNICH, Feb 8- The leaders of Russia, Ukraine, Germany and France agreed to meet in Belarus on Wednesday to try to broker a peace deal for Ukraine amid escalating violence there and signs of cracks in the transatlantic consensus on confronting Vladimir Putin. After the call, Ukraine President Petro Poroshenko...

  • *London the venue for annual oil industry gatherings. LONDON, Feb 8- The oil price crash has meant slashed budgets, staff layoffs and mothballed projects for big producers, but oil traders will celebrate their best market for years this week. As hundreds of dealers flock to London for the annual International Petroleum Week, cocktail circuit talk will be of the...

  • BOSTON, Feb 8- These are nervous times at the top of North America's oil companies. "2014 is going to look like a pretty good year for most," said Mike Halloran, senior partner and executive compensation specialist at the Dallas office of consulting firm Mercer. In dollar terms, energy company CEOs made an average of $7.3 million in 2013 compared with an average of $5.3...