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  • NEW YORK, Feb 25- A number of airlines have expressed concern that the rapidly spreading Zika virus may be affecting travel, the International Air Transport Association's Director General and CEO Tony Tyler told reporters on Thursday. The comment, made on the sidelines of an event hosted by the global airline trade group in New York, marks one of the first...

  • With the Federal Reserve's Dennis Lockhart and John Williams due to speak and as investors look to the G20 meeting of finance ministers and central bankers starting on Friday, pressure is on leaders to get the global economy back on track and calm markets after one of the rockiest starts to a year on record. "We're stuck in a range, waiting for direction and some are...

  • LONDON, Feb 25- For campaigners battling over Britain's European Union membership, the pound's sharpest fall since the depths of the 2008 financial crisis creates political gold dust. Cameron says dropping out would be a leap in the dark, while Goldman Sachs and HSBC- which have both backed EU membership- cautioned that the world's fourth-most traded currency...

  • The stock later gave up those gains and was down 0.8 percent at $68.44 in mid-morning trading in New York. Visteon, which specializes in electronic products such as information and entertainment systems for new vehicles, said its sales grew to $809 million in the fourth quarter ended Dec. 31, from $788 million a year earlier. Net income attributable to the company...

  • MOROCCO SAYS OFFICIALLY SUSPENDS CONTACTS WITH EU OVER EUROPEAN COURT DECISION TO CANCEL TRADE AGREEMENT-GOV'T STATEMENT.

  • MOROCCO SAYS REJECTS EUROPEAN COURT RULING AS AGAINST INTERNATIONAL LAW AND UNSC RESOLUTIONS.

  • Feb 25- Sears Holdings Corp has found it harder to compete, in part because of moves to increase the minimum wage and different tax rules for online retailers like Amazon.com Inc, Chief Executive Officer Eddie Lampert said on Thursday. In an annual letter to shareholders, Lampert described a U.S. operating environment stacked in some ways against traditional...

  • *Citi stays overweight on continental Europe shares. MILAN/ LONDON Feb 25- European shares rebounded on Thursday from losses earlier in the week, as solid corporate results including from British bank Lloyds lifted stock markets. "We're getting closer to the G20 meeting but the market doesn't look to be expecting much out of it," said Alessandro Balsotti, Senior...

  • LONDON, Feb 25- Copper prices fell on Thursday, reversing earlier gains as worries about demand in top consumer China were reinforced by equity market losses in Shanghai, but output cuts to help balance the market limited the losses. Benchmark copper on the London Metal Exchange was down 0.5 percent at $4,618 a tonne at 1527 GMT. Copper demand growth in China...

  • TORONTO, Feb 25- Canada's main stock index fell on Thursday as energy stocks sagged with oil prices, offsetting a rise in financials stocks following decent bank earnings. Canadian Natural Resources declined 2 percent to C $26.78, while TransCanada Corp fell 4.1 percent to C $48.72 and Enbridge Inc lost 2 percent to C $42.32. At 10:00 a.m. EST, the Toronto Stock...

  • *Canada's Brookfield and CPPIB, France's Engie may bid- paper. RIO DE JANEIRO, Feb 25- Brazil's state-led oil company Petrobras is expected to fetch as much as $6 billion from the sale of a natural gas pipeline unit in Brazil's industrialized southeast, the Valor Economico daily newspaper reported on Thursday. Potential bidders include Canada's Brookfield...

  • WASHINGTON, Feb 25- The case involving a court order demanding Apple help the FBI unlock the iPhone linked to one of the San Bernardino shooters is "unlikely to be a trailblazer" for setting a legal precedent in future cases, FBI Director James Comey told a congressional panel Thursday. The Federal Bureau of Investigation is seeking Apple's help in accessing a...

  • LONDON, Feb 25- Gold rose on Thursday as volatility in other markets stoked "safe haven" buying, including of bullion funds. Spot gold was up 0.5 percent at $1,234.41 an ounce by 1454 GMT, heading for a third straight day of gains. "The technical picture seems a bit changed and at the same time we don't expect rate hikes from the Fed anymore... we expect gold to reach $1,300 by...

  • Feb 25- The health of Valeant Pharmaceuticals International Inc's Michael Pearson is improving, the company said on Thursday, but CNBC reported that there was debate within the board over whether he was ready to return to work. Pearson, who joined Valeant as chief executive in 2010, was hospitalized with severe pneumonia in late December.

  • *Sees full-year profit of $4.05- $4.25/ shr vs est $4.24. Feb 25- U.S. department store operator Kohl's Corp warned that sales could fall this year and said it was unlikely to meet its 2017 target of $21 billion in sales because of a weak economy and a pullback in consumer spending on its core categories such as apparel. "While the growth backdrop clearly remains...

  • TREASURY'S WEISS: SECRETARY FOXX IN SAN JUAN TO SIGN DEAL WITH PUERTO RICO'S TRANSPORTATION AUTHORITY, TO HELP ACCELERATE $400 MLN INFRASTRUCTURE FUNDS.

  • ABUJA, Feb 25- Nigeria's telecommunications regulator NCC has not yet received any payment towards a possible fine from South African telecoms firm MTN Group, a spokesman for NCC said on Thursday. On Wednesday, MTN said it had withdrawn its legal action against Nigeria's regulator over a $3.9 billion fine and paid $250 million towards a possible settlement.

  • TREASURY'S WEISS: FEDERAL CONTROL BOARD FOR PUERTO RICO WOULD PROVIDE REVENUE FORECASTS, HAVE ENFORCEMENT AUTHORITY IF GOVERNMENT MISSED FINANCIAL TARGETS.

  • LONDON, Feb 25- According to the U.S. government, there are over 1.3 billion barrels of crude oil and refined products in commercial storage around the United States, an increase of more than 300 million barrels in the last two years. There is a tendency to assume all these barrels of crude and products are "excess" inventories, the result of overproduction, but most of...

  • LONDON, Feb 25- Oil prices fell on Thursday, driven lower by concerns about oversupply in a slowing global economy, although strong U.S. gasoline demand helped limit losses. The proposal by Saudi Arabia, Russia, Venezuela and Qatar has been branded "a joke" by Iran, while Iraq, one of the largest contributors to rising OPEC output, has said it supports a freeze, but its...