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  • *Chongqing was China's top growth region in 2015 at 11 pct. CHONGQING, China, March 2- The economic success of the metropolitan area of Chongqing in central China was in the balance following the jailing four years ago of its charismatic Communist Party chief Bo Xilai, a rising star in the political elite. But the city has continued to thrive, a feat that has some...

  • NEW YORK, March 1- Retired U.S. Judge Joseph Farnan has agreed to serve as the mediator in the Chapter 11 bankruptcy of the operating unit of Caesars Entertainment Corp, according to a court filing on Tuesday. The operating unit proposed a mediator last month as a way to help creditors reach a compromise.

  • NEW YORK, March 1- Oil markets closed up as much as 2 percent on Tuesday, before giving back most of their gains in post-settlement trade after data suggesting a huge build in U.S. crude stockpiles already at record high levels. The American Petroleum Institute, an industry group, said domestic crude inventories rose by 9.9 million barrels last week, way above a 3.6...

  • CHICAGO, March 1- U.S. wheat futures fell to multi-year lows on Tuesday, pressured by strength in the dollar and better crop conditions than last year in the Plains, analysts said. At the Chicago Board of Trade, May wheat settled down 7-1/ 4 cents at $4.46 per bushel after dipping to $4.45-1/ 2, a contract low and the lowest price for a most-active contract since June 2010.

  • SAO PAULO, March 1- Brazilian police arrested a senior Facebook Inc executive on Tuesday as a dispute escalated over a court's demand that the company provide data from its WhatsApp messaging service to help in a secretive drug-trafficking investigation. Court officials in Sergipe state confirmed that a judge had ordered the jailing of Facebook Vice...

  • NEW YORK, March 1- Upbeat U.S. manufacturing data and another jump in oil prices on Tuesday pushed a leading gauge of global stocks to its highest in nearly two months. U.S. construction spending rose to the highest level since October 2007 and a measure of the U.S. manufacturing sector outpaced analysts' expectations across the board. "If the manufacturing sector...

  • NEW YORK, March 1- A group of Argentine bondholders who reached a $4.65 billion settlement resolving litigation over defaulted bonds urged a U.S. judge on Tuesday to wait longer before lifting injunctions that restrict the country from paying off some debts. Michael Paskin, Argentina's lawyer, countered that no delay was needed, and Argentina deserved...

  • March 1- "FarmVille" game maker Zynga Inc appointed former veteran Electronic Arts Inc executive Frank Gibeau as its chief executive, at a time when the company is looking at mobile gaming to boost growth. Shares of Zynga, which also said founder Mark Pincus would be executive chairman, were up about 6.5 percent in extended trading on Tuesday.

  • March 1- Starbucks Corp said on Tuesday former Chief Operating Officer Troy Alstead would not return from his extended unpaid leave. Alstead had resigned from his position effective Feb. 29, the company said in a regulatory filing on Tuesday. The company named director Kevin Johnson chief operating officer in January last year.

  • MONTREAL, March 1- Automakers on Tuesday mostly reported higher February sales in Canada, with some analysts rethinking earlier forecasts that Canadian demand for light vehicles and trucks would level off this year following a record breaking 2015.. "Fears of a downturn in light vehicle sales in Canada this year are not panning out. "New vehicle sales in Canada...

  • The 50- page opinion he issued Monday, denying the Justice Department's application for an order under the All Writs Act to compel Apple to help the government unlock the phone of a convicted drug dealer, will not end the California federal-court showdown between Apple and the Justice Department over an iPhone belonging to San Bernardino shooter Syed Farook.

  • TORONTO, March 1- Canada's benchmark stock index rose on Tuesday, led by financial shares after the country's third largest bank reported a rise in quarterly profit, while domestic data revealed the economy grew more than expected in the fourth quarter. Bank of Nova Scotia jumped 5.8 percent to C $57.93 as the last of Canada's main banks to report quarterly...

  • OTTAWA, March 1- The website for Canada's main statistical agency crashed briefly on Tuesday morning, delaying the scheduled release of the report on quarterly economic growth, one of the most closely watched measures of the economy. Statscan usually releases data at exactly 8:30 a.m. EST and holds media lock-ups leading up to that time so the figures can be...

  • CRUDE PARES GAINS, UP LESS THAN 1 PCT AT $34.08 A BARREL IN POST SETTLEMENT TRADING AFTER API DATA SHOWS MUCH BIGGER-THAN-EXPECTED RISE IN INVENTORY.

  • *U.S. factory, construction data suggest economic pickup. *Automakers gain after February U.S. sales increase. March 1- Wall Street enjoyed its strongest session in a month on Tuesday, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world's biggest economy was regaining momentum.

  • March 1- The U.S. Food and Drug Administration issued new recommendations to reduce the risk of potential transmission of the mosquito-borne Zika virus from human cells, tissues, and cellular and tissue-based products. There is a potential risk that the Zika virus can be transmitted by HCT/Ps used as part of a medical, surgical, or reproductive procedure, the FDA...

  • BRENT CRUDE TURNS NEGATIVE IN POST-SETTLEMENT TRADING AFTER API DATA SHOWS MUCH BIGGER-THAN-EXPECTED RISE IN INVENTORY.

  • NOTLEY: SAYS THIS IS NOT A NEW COMPETING PARALLEL PROCESS AFFECTING PIPELINES THAT CROSS PROVINCIAL BORDERS.

  • ALBERTA PREMIER NOTLEY: WILL NOT COME OUT WITH GUNS BLAZING OVER QUEBEC'S ENERGY EAST INJUNCTION.

  • NOTLEY: HAS TALKED TO QUEBEC OFFICIALS ABOUT INJUNCTION, THINKS IT IS SIMILAR TO AN ONTARIO REVIEW OF PIPELINE.