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  • WASHINGTON, Feb 29- The U.S. Supreme Court on Monday rejected a bid by unions representing public employees including teachers and state troopers to force the state of New Jersey to pay the full share of its annual public pension contribution. Over several administrations, New Jersey has short-changed its public pensions, leaving them poorly funded.

  • *Oil overhang remains huge, Iran raises exports. LONDON, Feb 29- Brent crude futures rose 2 percent on Monday, adding to strong gains last week, on increasing hopes that the market has bottomed out and as OPEC kingpin Saudi Arabia said it would work with other producers to limit oil market volatility. Saudi Arabia and several fellow OPEC members agreed with non-OPEC...

  • Feb 29- The U.S. Food and Drug Administration said on Monday it had asked German drugmaker Bayer AG to conduct further studies on its implantable sterilization device, Essure, following thousands of complaints and calls for its withdrawal. However, the FDA has received thousands of complaints over the years, including reports of the device breaking or moving...

  • *Johannesburg- listed shares fall 5.5 pct. JOHANNESBURG, Feb 29- Speculation that Barclays could be withdrawing from Africa after almost a century there sent shares in its business Barclays Africa Group tumbling on Monday. Shares in Barclays Africa, which is based in South Africa and also operates in nine other countries, dropped 6.8 percent on Monday before...

  • FIDELITY INVESTMENTS MARKED DOWN VALUE OF SEVERAL PRE-IPO COMPANIES IN JANUARY, WITH BLUE APRON DOWN 12 PCT AND CLOUDFLARE DOWN 31 PCT- FUND DISCLOSURE.

  • WASHINGTON, Feb 29- The U.S. Supreme Court on Monday rejected a bid by public sector labor unions to force the state of New Jersey to pay the full share of its annual public pension contribution.

  • News of the ruling followed a visit last week by Facebook CEO Mark Zuckerberg in which he mounted a charm offensive in the face of increasing antipathy in Germany towards the world's biggest social media network prompted by fears for data protection. The Berlin regional court ruled that Facebook had not adequately changed the wording of a clause on...

  • Feb 29- U.S. stocks were little changed at the open on Monday as oil prices edged higher after Saudi Arabia advocated cooperation among producers and China cut a key reserve requirement ratio.

  • SUPREME COURT REJECTS UNIONS' BID TO FORCE NEW JERSEY TO PAY FULL PUBLIC PENSION CONTRIBUTIONS.

  • LONDON, Feb 29- Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of international sanctions on Tehran, leading port officials involved say. The United Arab Emirates previously enjoyed greater shipping activity with Iran but Oman's nearby Sohar port is looking at expanding ties. Oman could also benefit from a spat...

  • AmEx, which was replaced by Citigroup and Visa Inc last year to run Costco Wholesale Corp co-branded credit cards, had estimated a gain of about $1 billion from the sale.

  • BRUSSELS, Feb 29- EU regulators will say this week the European Union does not need a more ambitious greenhouse gas target until the next decade, a text seen by Reuters shows, even though the Paris climate deal stipulates goals should be reviewed in 2018.. Such a decision would please member state Poland, whose economy relies heavily on coal, but it would anger...

  • NEW DELHI, Feb 29- India introduced an additional' green' tax on car sales on Monday, aimed at helping fight high levels of air pollution and congestion but hitting car makers that fear this could stall a fragile recovery in the market for their products. In his annual union budget, Finance Minister Arun Jaitley imposed a sales levy of up to 4 percent on new passenger...

  • Feb 29- Wall Street was set to open higher as oil prices rose and after China resumed its monetary easing policy to spur its slowing economy. Crude prices rose more than 1 percent after Saudi Arabia said it would work with other producers to limit oil market volatility. "Investors are stepping back to try and assess where global growth is going to be... as well as...

  • Feb 29- The U.S. Food and Drug Administration on Monday unveiled new measures to evaluate the risk of Bayer AG's implantable steralization device, Essure, following patient complaints and calls for its withdrawal from the market. The FDA has since received thousands of complaints, including reports of the device breaking or moving and causing injuries.

  • CARACAS, Feb 26- Venezuela is in advanced talks for a $5 billion loan from international banks and investment funds, the head of the central bank said on Friday, potentially providing an influx of cash for the OPEC member country, which faces heavy debt payments this year. On Wednesday, Venezuela and Gold Reserve signed a memorandum of understanding to jointly...

  • NEW YORK, Feb 29- In the Greek myth of Sisyphus, he was condemned for eternity to roll a boulder up a hill, just to see it roll right back down. Natalie Smigielski knows the feeling all too well. About a year and a half ago, the 33- year-old from Toronto had scrimped and saved enough to come up with a $5,000 emergency fund.

  • Feb 29- The energy unit of Warren Buffett's Berkshire Hathaway Inc on Monday said Gregory Abel, its chairman and chief executive, saw his compensation jump 48 percent last year to $40.77 million, reflecting a large incentive award. In its annual report, Berkshire Hathaway Energy said Abel was awarded $28 million under an incentive plan tied to the company's...

  • *China c.bank cuts main RRR -50 bps. BEIJING/ SHANGHAI, Feb 29- China's central bank resumed its easing cycle on Monday, injecting an estimated $100 billion worth of long-term cash into the economy to cushion the pain from job layoffs and bankruptcies in industries plagued by overcapacity. The PBOC's announcement also comes shortly before the annual meeting of...

  • Feb 29- Aldeyra Therapeutics Inc said its experimental eye drug proved to be more effective than a placebo in treating itching associated with allergic conjunctivitis in a mid-stage study. Allergic conjunctivitis is a common disease characterized by an inflammation of the membrane that covers the eye, which results in excessive tear production, ocular...