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  • COLUMN-Long live the Jones Act? Kemp Tuesday, 14 Jan 2014 | 9:57 AM ET

    LONDON, Jan 14- The Philadelphia- registered schooner "Amity" was seized off the island of St Kitts on May 2, 1785 and accused of contravening the British navigation laws, which required trade with Britain's Caribbean possessions to be carried in British-owned and crewed ships.

  • BRUSSELS, Jan 14- Greece expects the euro zone to provide some debt relief to Athens later this year but the impact on its vast liabilities will be little more than symbolic.

  • LONDON, Jan 14- Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report on Tuesday, expanding on its existing guidance that divestments would accelerate this year.

  • NEW YORK, Jan 14- U.S. stocks opened higher on Tuesday, rebounding after a steep drop in the previous session as December retail sales data came in above expectations and JPMorgan Chase& Co rose following its results. The Dow Jones industrial average was up 32.59 points, or 0.20 percent, at 16,290.53.

  • TORONTO, Jan 14- Western Canada-focused Shaw Communications Inc posted a 4 percent rise in first-quarter profit on Tuesday, but it continued to lose customers in its main cable television business.

  • NAIROBI, Jan 14- Kenya's central bank held its benchmark lending rate at 8.50 percent for the fourth policy meeting in a row on Tuesday, saying inflation was steady.

  • *JPMorgan, Wells Fargo post earnings. NEW YORK, Jan 14- U.S. stocks were set for a bounce on Tuesday, a day after the S&P 500 suffered its biggest drop in two months, after solid retail sales data and as investors digested earnings from JPMorgan and Wells Fargo.

  • Dana reports 2013 sales above estimates Tuesday, 14 Jan 2014 | 9:23 AM ET

    Jan 14- Auto parts supplier Dana Holding Corp reported 2013 sales slightly above analysts' estimates and said it expected demand across most regions to remain "mostly stable" in 2014.. Maumee, Ohio- based Dana forecast sales of $6.8 billion- $6.9 billion for 2014, below the average analyst estimate of $6.98 billion.

  • Jan 14- West Virginia officials on Tuesday lifted a ban on drinking tap water from 35,000 customers who had been affected by a chemical spill that left the state's water supply nearly unusable for hundreds of thousands since last week.

  • Cyprus probes Laiki Bank deals with Commerzbank Tuesday, 14 Jan 2014 | 9:19 AM ET

    FRANKFURT, Jan 14- Regulators in Cyprus are investigating transactions made by now-defunct Laiki Bank and arranged by Germany's Commerzbank.

  • *Fed to buy $1 bln- $1.5 bln bonds due 2036-2043. NEW YORK, Jan 14- U.S. "The data's better than expected, even though you had downward revisions in the last month," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York.

  • *Consumer spending gauge rises 0.7 percent in December.

  • Jan 14- Gamestop Corp forecast fourth-quarter profit below analysts' estimates, hurt by a bigger-than-expected decline in sales of new game titles for Xbox 360 and PlayStation 3, sending its shares down 12 percent. The world's largest retailer of video game products said it expects earnings to be between $1.85 and $1.95 per share.

  • Jan 14- The U.S. Food and Drug Administration appears skeptical that data submitted by Johnson& Johnson proves its anticoagulant Xarelto is effective in reducing the risk of further heart problems in patients who have suffered a heart attack.

  • Jan 14- Wells Fargo& Co, the biggest U.S. mortgage lender, reported a better-than-expected 11 percent rise in fourth-quarter profit as bad-loan provisions fell steeply, helping to make up for a big drop in mortgage lending. Wells Fargo's shares were down 0.3 percent at $45.35 before the opening bell on the New York Stock Exchange.

  • *Raises annual dividend to C $1.09 from C $1.02. Jan 14- Canadian media company Corus Entertainment Inc's quarterly profit tripled mainly due to a change in value of its stake in specialty television service Teletoon Canada Inc..

  • NEW YORK, Jan 14- U.S. stock index futures added to gains on Tuesday, after December retail sales came in ahead of expectations. S&P 500 futures rose 3.6 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

  • *Rome to reintroduce housing levy under new name. Sector experts predict housing transactions in Italy will increase this year for the first time since 2007, after which the country was hit by the global financial crisis and subsequently by its longest economic recession in 60 years.

  • TORONTO, Jan 14- Western Canada-focused Shaw Communications Inc posted a 4 percent rise in first-quarter profit on Tuesday, but it continued to lose customers in its main cable television business.

  • U.S. import prices flat in December Tuesday, 14 Jan 2014 | 8:31 AM ET

    WASHINGTON, Jan 14- U.S. import prices were unexpectedly flat in December as the cost of petroleum fell marginally, still showing no signs of imported inflation pressures. November's import prices were revised to show a 0.9 percent decline rather than the previously reported 0.6 percent, the Labor Department said on Tuesday.

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