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  • Talking to reporters from Russian news agencies on the sidelines of the World Economic Forum in Davos, Andrei Kostin said the actual amount the bank would receive would depend on the Deposit Insurance Agency, which is distributing the funds, but "in any case, it will be around 250- 300 billion roubles."

  • UPDATE 2-Royal Mail shares lifted by parcels progress Thursday, 22 Jan 2015 | 6:04 AM ET

    *UK parcels revenue improves from half-year. LONDON, Jan 22- Britain's Royal Mail announced an improved performance at its key parcels business over a busy Christmas period, helped by price promotions, the Black Friday retail rush and its own longer business hours in an increasingly competitive market. Royal Mail's efforts to compete more effectively in...

  • *ECB could buy 50 billion euros in bonds per month- source. LONDON, Jan 22- Brent crude oil crept above $49 a barrel on Thursday ahead of an expected decision by the European Central Bank to start buying bonds, a move which could push the dollar to new highs and put downward pressure on commodities. A strong dollar, buoyed by an expected U.S. interest rate hike and an...

  • India, U.S. near tax pact to boost foreign investment Thursday, 22 Jan 2015 | 6:02 AM ET

    MUMBAI, Jan 22- India is set to strike a bilateral tax agreement with the United States as early as this weekend, hoping to boost foreign investment and ease concerns raised by bruising disputes including cases against Vodafone and Shell. President Barack Obama' s visit to India, which begins on Sunday. Transfer pricing, or the value at which multinational...

  • INSIGHT-The smoke around e-cig science Thursday, 22 Jan 2015 | 6:00 AM ET

    *Wide variety of e-cigs a problem for researchers. *Tobacco firms join e-cig companies in sponsoring research. LONDON, Jan 22- From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar- from Mars!

  • FRANKFURT, Jan 22- The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy option for breathing life into the flagging euro zone economy. Market expectations are sky-high for the ECB to unveil large-scale quantitative easing- printing money to buy government bonds- despite opposition from...

  • January@ KUALA LUMPUR, Jan 22- Malaysia's international reserves fell $4.8 billion in the first two weeks of January, its central bank said on Thursday, as the country's current account and ringgit current have come under pressure due to a steep fall in oil and gas export earnings. Reserves dropped frm $116.0 billion at the end of 2014 to $111.2 billion on January...

  • MOSCOW, Jan 22- Prime Minister Dmitry Medvedev said on Thursday a government programme to recapitalise Russia's banking system using OFZ treasury bonds should be completed by the end of the month, TASS news agency reported.

  • CORRECTED-RUSSIAN PM MEDVEDEV SAYS BANKS' RECAPITALISATION VIA OFZ TREASURY BONDS SHOULD BE COMPLETED BY END-JAN- TASS.

  • PARIS, Jan 22- France and Austria sought on Thursday to break deadlocked talks with nine other European countries over a financial transaction tax, by proposing that it be applied to a wide range of transactions but at low rates from next year. The tax, first proposed in the 1970 s to penalise currency speculators, was seized on by France and Germany in 2012 as a...

  • MOSCOW, Jan 22- The Russian rouble was little changed on Thursday, with trading subdued as investors waited to see whether the European Central Bank would announce a bond buying plan. But analysts at VTB Capital said the local market was discounting the program of sovereign debt purchases. Investors are waiting to see the impact of the decision on oil, Russia's...

  • Russia's Gazprom to build LNG plant on the Baltic Sea Thursday, 22 Jan 2015 | 5:02 AM ET

    MOSCOW, Jan 22- Russia's Gazprom said on Thursday it would build a liquefied natural gas plant with an annual capacity of up to 15 million tonnes on the Baltic Sea.

  • NEW DELHI, Jan 22- India has asked its refiners to slash oil buys from Iran in the next two months to keep the imports in line with the previous fiscal year's levels, sources with knowledge of the matter said, days ahead of President Barack Obama's visit to New Delhi. India and the United States will discuss the status of the Iran nuclear negotiations, Ben Rhodes,...

  • RUSSIAN PM MEDVEDEV SAYS BANKS' RECAPITALISATION FROM NATIONAL WEALTH FUND SHOULD BE COMPLETED BY END-JAN- TASS.

  • LONDON, Jan 22- Financial markets are primed for the European Central Bank to launch a quantitative easing programme on Thursday in an attempt to revive the moribund euro zone economy and inflation. If true, these would suggest total purchases of between 500 billion and just over 1 trillion euros. 1 trillion euros will be bullish, " Deutsche Bank co-CEO Anshu Jain...

  • *ECB planned bond buys reported at 50 billion euros a month. *Euro steady near $1.16, bond yields nudge up. LONDON, Jan 22- European shares were at a seven-year high and the euro sat near an 11- year low on Thursday as the European Central Bank prepared to take the plunge into full-scale quantitative easing.

  • LONDON, Jan 22- The Danish crown eased against the euro on Thursday, as investors positioned for a second interest rate cut this week from Denmark's central bank as it steps up its fight to ward off upward pressure on the currency. "Investors are alert for a possible rate cut in Denmark," said Niels Christensen, FX strategist at Nordea, Copenhagen.

  • LAGOS, Jan 22- Nigeria's central bank increased the foreign currency trading position for commercial banks on Thursday to 0.5 percent of their capital base from 0.1 percent, in a move to shore up interbank dollar liquidity. The naira is at risk of speculative attacks as it is being hit hard by the slump in oil prices and by pressure on emerging market currencies as...

  • India to push renewable energy drive during Obama visit Thursday, 22 Jan 2015 | 4:26 AM ET

    WASHINGTON/ NEW DELHI, Jan 22- India will look to the United States for more private sector partnerships and technology to support a drive to expand its use of clean energy, as Washington looks to secure political support for a global climate change deal in 2015.. India will surely be looking for the means to technology transfer to boost renewable energy, "said...

  • *ECB could buy 50 billion euros in bonds per month- source. LONDON, Jan 22- Brent crude oil dipped towards $48 a barrel on Thursday ahead of an expected decision by the European Central Bank to start buying bonds, a move which could push the dollar to new highs and put downward pressure on commodities. A strong dollar, buoyed by an expected U.S. interest rate hike and an...