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  • *Falling oil prices has slowed pace of inflation. *Three members doubt price target, but others remain optimistic. TOKYO, Feb 23- Three members of the Bank of Japan's policy board expressed doubts the central bank can meet its inflation target because of a slowdown in underlying prices and falling oil, pointing to chinks in the BOJ's strategy to spark sustainable...

  • SINGAPORE, Feb 23- Oil prices dipped in early Asian trade on Monday after much of the region returned from the Lunar New Year holiday, with Brent futures testing support around $60 a barrel and U.S. contracts hovering around $50.50. Following a steep fall from June 2014 to six-year lows, oil prices have recovered around a third of their value since mid-January, with...

  • As the beautiful and powerful hit the glamorous Oscars red carpet, shimmering beads and jewels broke through an unusually dreary, rainy evening for Hollywood's biggest night. Best actress nominees Julianne Moore, Felicity Jones and Rosamund Pike donned dresses with sparkle and shine. The ceremony will be broadcast by ABC in a three-hour telecast from...

  • PRECIOUS-Gold near 7-week low after Greek debt deal Sunday, 22 Feb 2015 | 7:50 PM ET

    SINGAPORE, Feb 23- Gold was hovering near the key $1,200- an-ounce level on Monday, its lowest in seven weeks, as support for the safe-haven metal eased after a deal was struck over Greece's debt, while the absence of major consumer China also took a toll. *Spot gold was little changed at $1,201.98 an ounce by 0039 GMT, after dropping to $1,197.95 in the previous session.

  • *Greece still has to submit list of planned reforms later in day. TOKYO, Feb 23- The euro held steady on Monday, rising initially in relief following a conditional loan extension deal for Greece, but losing steam as caution towards the debt saga persisted. Greece has to submit to the Eurogroup on Monday a list of reforms it plans to implement during the remainder of...

  • DETROIT, Feb 22- Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan said Sunday. Wanxiang, which acquired the assets of California- based Fisker Automotive a year ago in a U.S. bankruptcy auction, had hoped...

  • Rain stopped in time for the most famous of red carpets, where Hollywood's A-list celebrities and nominees arrived bedecked in black tie and glamorous gowns for a night steeped in Hollywood lore. Among the first was Patricia Arquette, favorite to win best supporting actress for her role as a struggling single mother in "Boyhood," a film made by Richard Linklater...

  • *Stocks mixed, euro little changed in Asia. *Debt deal a relief but Greece seen not out of woods yet. U.S. stock futures opened flat in Asia but Japan's Nikkei could track Wall Street's sizable gains to scale another 15- year high.

  • SINGAPORE, Feb 23- U.S. crude futures dropped on Monday as key producer Libya resumed oil exports from the eastern port of Zueitina after an almost year-long halt, adding to a global glut that has weighed on prices since June. *U.S. crude for April delivery was down 52 cents at $50.29 a barrel by 2338 GMT. *April Brent crude slipped 42 cents to $59.80 a barrel.

  • NEW YORK, Feb 22- Canada's Valeant Pharmaceuticals International Inc. agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd. in an all-cash deal valued at about $10.1 billion, the two companies said on Sunday. The deal is the largest ever for Laval, Quebec- based Valeant, which lost a take-over contest for Allergan Inc last year.

  • Feb 22- Union members ratified an agreement on Sunday that ends a four-month-long strike by some 1,800 workers at FairPoint Communications, a major land-line telecommunications provider in northern New England, union officials announced. Union and FairPoint negotiators reached a tentative agreement on Feb. 19, followed by three days of union member voting...

  • TOKYO, Feb 23- Japanese companies see no need for an aggressive pursuit of a 2 percent inflation goal or additional easing in monetary policy, a Reuters poll showed- a stance that supports the central bank's recent rowing back on its consumer price targets. Below are the questions and answers to a poll conducted Feb. 2-17 for Reuters by Nikkei Research.

  • TOKYO, Feb 23- Japan Inc sees no need for an aggressive pursuit of a 2 percent inflation goal or additional monetary easing, a Reuters poll showed- a stance that supports the central bank's recent softer tone on achieving its consumer price target in the near future. Analysts, however, expect the Bank of Japan to embark on more stimulus later this year, topping up its...

  • Valeant to acquire Salix in $14.5 bln deal Sunday, 22 Feb 2015 | 4:46 PM ET

    NEW YORK, Feb 22- Valeant Pharmaceuticals International Inc. agreed to acquire Salix Pharmaceuticals Ltd. for $158.00 per share, or a total enterprise value of $14.5 billion, the two companies said on Sunday. The transaction, an all-cash tender offer for all the outstanding shares of Salix, was approved by the boards of directors of both companies, the companies...

  • ORLANDO, Fla., Feb 22- A one-day ticket to the Magic Kingdom at Walt Disney World in Orlando jumped on Sunday to $105 from $99, an increase that likely makes the Florida family attraction the first in the industry to breach the $100 psychological barrier. All other Walt Disney Co parks in Orlando and California increased prices for one-day, one-park admission, but...

  • BUSINESS-NEWS-SCHEDULE AT 2100 GMT / 4:00 p.m. ET Sunday, 22 Feb 2015 | 4:30 PM ET

    ATHENS- Greece's government prepares reform measures to secure a financial lifeline from the euro zone, but is attacked for selling "illusions" to voters after failing to keep a promise to extract the country from its international bailout. The story of how Greece's charismatic new minister failed during often chaotic negotiations to break German...

  • NEW YORK, Feb 22- The average price of a gallon of gasoline in the United States rose 13 cents in the past two weeks, bringing it up 26 cents since prices bottomed out after a nine-month slide ended in January, according to the Lundberg survey released on Sunday. "It was dropping dramatically for nine months straight and then it hit bottom, and now it's up 26 cents since...

  • Wanxiang, which acquired the assets of California- based Fisker Automotive a year ago in a U.S. bankruptcy auction, had hoped to revive the Karma this year. Fisker Automotive was an early rival of Tesla Motors Inc, but despite the backing of the U.S. government and private investors, the company failed just six years after its 2007 launch. Fisker Automotive was...

  • DETROIT, Feb 22- Daimler AG's Mercedes-Benz is recalling more than 147,000 mid-size sedans and station wagons from 2013-2015 to check for risk of engine fires, the U.S. safety regulator said Saturday. The cars have a rubber seal in the engine compartment that can fall onto the exhaust system, increasing the risk of an under-hood fire, according to the National...

  • TORONTO, Feb 22- Canadian National Railway said on Sunday it is meeting with Unifor, the union representing 4,800 of its mechanical, clerical and intermodal staff, and hoped to reach a negotiated settlement or an agreement to enter binding arbitration over their contract dispute. Canada's No. 1 railway had called for binding arbitration on Friday when it first...