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  • S.Africa mining to shed jobs in troubled times Wednesday, 6 Feb 2013 | 11:16 AM ET

    *Engine of job growth down shedding workers. CAPE TOWN, Feb 6- The 14,000 jobs on the line in an Anglo American plan to bring profits back to its South African platinum arm are the just the first of many the sector is about to bleed.

  • UPDATE 5-RBS fined $612 million for rate rigging Wednesday, 6 Feb 2013 | 11:13 AM ET

    LONDON, Feb 6- Britain's Royal Bank of Scotland was fined $612 million and a subsidiary admitted to a criminal offence as regulators nailed a third bank in a global investigation into rigging of benchmark interest rates.

  • WASHINGTON, Feb 6- The U.S. Treasury on Wednesday announced plans to auction $72 billion in debt securities next week, in line with expectations, also adding that it is planning to issue floating-rate notes in the next year.

  • SINGAPORE/ JAKARTA, Feb 7- Southeast Asian central banks are in talks to overhaul the way reference rates for offshore currency derivatives are set following investigations by banks in Singapore that found traders in the city-state tried to manipulate the market, the president of Indonesia's foreign exchange industry group said.

  • FRANKFURT, Feb 6- India could be "shut out" of the market for aircraft finance if carriers such as troubled Kingfisher Airlines fail to return planes they cannot pay for, a senior banker told Reuters on Wednesday.

  • BERLIN, Feb 6- Germany said on Wednesday the strong euro was not a concern and signalled opposition to a French proposal for a mid-term target rate, exposing policy divisions over mainland Europe's currency between its top two economies.

  • Boise Cascade Shares rise 27 pct in NYSE debut Wednesday, 6 Feb 2013 | 10:54 AM ET

    Feb 6- Shares of plywood and lumber maker Boise Cascade Co rose as much as 27 percent to $26.75 on Wednesday in their New York Stock Exchange debut. The Boise, Idaho- based company backed by private equity firm Madison Dearborn priced 11.8 million shares at $21, raising $247.8 million. It had raised its price range to $18 to $20 from an earlier range of $16 to $18.

  • WASHINGTON, Feb 6- The National Transportation Safety Board is "probably weeks away" from completing its probe into causes of a battery fire on the Boeing 787 Dreamliner, but will share its latest information on Thursday, NTSB chairman Deborah Hersman said.

  • BRUSSELS, Feb 6- European Union leaders are expected to set aside more than 5 billion euros from the EU budget to tackle the bloc's soaring and costly youth unemployment when they meet for a summit in Brussels on Thursday.

  • The plan would save about $2 billion a year, the Postal Service said. The Postal Service has been losing billions of dollars each year as it grapples with massive payments for future retiree health benefits and as Americans' increasing online communications drive down mail volumes.

  • GLOBAL MARKETS-Stocks rally stalls, euro dips on ECB Wednesday, 6 Feb 2013 | 10:31 AM ET

    NEW YORK, Feb 6- Global equity markets eased on Wednesday as investors assessed the outlook for further gains after this year's rapid start, while the euro slipped ahead of a European Central Bank meeting that could reveal concerns about the currency's strength.

  • Dreamliner probe 'weeks away' from end - NTSB's Hersman Wednesday, 6 Feb 2013 | 10:22 AM ET

    WASHINGTON, Feb 6- The National Transportation Safety Board is "probably weeks away" from completing its probe into causes of a battery fire on the Boeing 787 Dreamliner, but will share its latest information on Thursday, NTSB chairman Deborah Hersman said on Wednesday.

  • Feb 6- CVS Caremark Corp posted a bigger-than-anticipated rise in fourth-quarter profit on Wednesday, helped by growth at both its pharmacy services business and its CVS drugstore chain, and made its first international push by buying a Brazilian retailer.

  • NEW YORK, Feb 6- U.S. stocks dipped on Wednesday as investors, awaiting fresh trading incentives, locked in profits after recent rallies took the S&P 500 to five-year highs.

  • UPDATE 6-Oil slips on plentiful supply Wednesday, 6 Feb 2013 | 10:12 AM ET

    *Iran nuclear talks in focus, set for Feb. 26. LONDON, Feb 6- Brent crude oil futures fell on Wednesday, pressured by ample supply and fresh worries about Europe's debt crisis.

  • Feb 6- Coventry Health Care Inc, which is being bought by larger competitor Aetna Inc, reported a higher fourth-quarter profit Wednesday that beat analysts' expectations, helped by improvements in its Kentucky Medicaid business.

  • UPDATE 2-Monte Paschi loss could be up to a billion euros Wednesday, 6 Feb 2013 | 10:00 AM ET

    SIENA, Italy, Feb 6- Board members at Monte dei Paschi are expected to say on Wednesday that Italy's third largest bank may have lost up to 1 billion euros on opaque derivatives trades, far higher than the initial estimate.

  • LONDON, Feb 6- The Bank of England should buy more bonds and the government's fiscal policy should be "flexible" if Britain's economy remains weak, the Organisation for Economic Co-operation and Development said on Wednesday.

  • POLL-Resurgent euro set to take a breather Wednesday, 6 Feb 2013 | 9:56 AM ET

    LONDON, Feb 6- A rejuvenated euro is marching higher but leading foreign exchange forecasters, who have tended to be conservative with their predictions in recent years, are saying in the latest Reuters poll it won't last. They see the euro trading at $1.35 by end-February and $1.28 in a year.

  • LONDON, Feb 6- Sterling's recent descent is over as a fledgling economic recovery softens calls for further monetary easing from the Bank of England but the pound won't recoup its losses, a Reuters poll of currency strategists predicted.