Rick Snyder and leaders of the GOP majority in the Legislature reached a budget agreement Tuesday for next fiscal year that doesn't include an expansion of government health insurance for low income-adults and puts Michigan's unexpected surplus toward funding roads and K-12 education.» Read More
*Brazil says to auction 159 terminals to private sector. SAO PAULO, Feb 19- Brazilian dock workers, protesting a government port modernization drive that they fear will cost them jobs, stood fast for a second day on Tuesday, refusing to let nonunion workers unload a Chinese ship at Santos Port.
LONDON, Feb 19- Taiwan's HTC Corp has unveiled the new smartphone that it hopes will set it apart from the crowd of Google Android devices on the market and help it to make up ground lost to Samsung.
NEW YORK/ LONDON, Feb 19- Liffe cocoa futures hit a 10- month low on Tuesday, under pressure from good supply prospects for West Africa's mid crops, and raw sugar inched up on short-covering and signs of increased demand.
BOSTON/ SAN FRANCISCO, Feb 19- Apple Inc computers were attacked by the same hackers who targeted Facebook Inc, but no data appeared to have been stolen, the company said on Tuesday in an unprecedented admission of a widespread cyber-security breach.
CHICAGO, Feb 19- U.S. soybeans jumped 3 percent on Tuesday, notching the biggest advance in seven months, on concerns about crop prospects in Argentina following disappointing rainfall and as China returns to the buy-side of the soybean market.
*Tested in genotype 2/ 3 patients who failed prior therapy. Feb 19- Gilead Sciences Inc said its experimental hepatitis C drug sofosbuvir, in a late-stage clinical study, was clearly superior to historical cure rates at both 12 and 16 weeks of treatment in patients who were not helped by prior therapy.
WASHINGTON, Feb 19- The Obama administration has repeatedly taken up its concerns about Chinese cyber-theft at the highest levels of the Chinese government, including with Chinese military officials, the White House said on Tuesday.
Feb 19- A federal judge on Tuesday gave final approval to Transocean's $1 billion civil settlement related to BP Plc's massive Gulf of Mexico oil spill in 2010.. Transocean, which employed nine of the 11 workers killed in the accident, reached a $1.4 billion agreement to settle criminal and civil charges with the U.S. government in January.
*Investors focus on equities, S&P rises to 5- year high. NEW YORK, Feb 19- Gold fell near a six-month low on Tuesday, holding just above $1,600 an ounce, as an equities rally and signs of an improving global economic outlook dented bullion's safe-haven appeal. So, the currency hedge is reduced markedly, "said Adam Sarhan, chief executive of Sarhan Capital.
*Google shares hit all-time high at $804. NEW YORK, Feb 19- Global stock markets rose on Tuesday, with U.S. stocks boosted by merger and acquisition activity, while a pick-up in German economic sentiment supported European stocks.
*Office Depot, OfficeMax in merger talks- source. Office Depot Inc surged 18 percent to $5.41 after a person familiar with the matter said the No. 2 U.S. office supply retailer is in advanced talks to merge with smaller rival OfficeMax Inc. A deal could come as early as this week.
Feb 19- Exxon Mobil Corp, the world's largest publicly traded oil company, said on Tuesday its oil and gas reserves rose last year, boosted by output from shale formations in the United States and projects in Canada.
*No need to issue debt for purchase- Bancolombia. BOGOTA, Feb 19- Bancolombia SA, Colombia's largest lender by assets, agreed to purchase HSBC Bank SA Panama for $2.1 billion, the most ever paid by a local bank and the latest in an expansion wave by Colombian companies into Latin America.
*Traders say China post-holiday buying may yet emerge. Three-month copper on the London Metal Exchange slipped 0.6 percent to $8,070 a tonne by 1623 GMT, erasing early gains to hit an intraday low of $8,061.50, the weakest since Jan. 29.
BERLIN, Feb 19- German employment is at its highest level since reunification more than 20 years ago, the Statistics Office said on Tuesday, boosting hopes that domestic demand will offset weaker exports in Europe's largest economy.
LONDON, Feb 19- European shares rallied on Tuesday, with stronger than expected German sentiment data prompting investors to return to economically sensitive sectors like autos and technology after a three session losing streak.
*Finmeccanica says never broke Indian law. MILAN, Feb 19- Italian defence company Finmeccanica, at the centre of a probe into alleged bribery to win an Indian helicopter tender, said on Tuesday it was ready to cooperate with Indian authorities to clarify the matter.
Feb 19- BMW is recalling 569,830 of its vehicles in the United States and Canada due the chance of an electrical failure that may cause the cars to stall unexpectedly, U.S. regulators and the company said. BMW on Tuesday said that there was one crash, in Canada, reported to the company related to the issue, which did not cause injury.
*UAE aims to expand own defence manufacturing capacity. The UAE has established a small defence industry that includes maritime security and defence-related services such as maintenance and repairs over the past two decades.
LONDON, Feb 19- Gold moved lower on Tuesday as signs economic recovery on both sides of the Atlantic was well underway diverted Western investors' attention to riskier assets, ahead of U.S. Spot gold fell 0.2 percent to $1,606 an ounce at 1523 GMT, having recovered from a six-month low of $1,598.04 hit on Friday.