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  • NEW YORK/ LONDON, Feb 5- Gold rose to a three-month high in volatile trade on Friday, as a mixed U.S. jobs report prompted investors to reassess the outlook for U.S. interest rates this year, putting bullion on track for its strongest weekly performance in more than a year. "The futures curve is showing that the probability of a March hike has fallen to around 10 percent,...

  • OTTAWA, Feb 5- Canada said it was lifting some sanctions against Iran, including a ban on financial services, imports and exports, thereby allowing companies such as plane maker Bombardier Inc to compete against rivals. Dion said last week that if Airbus can to sell to Iran, then Bombardier should be allowed to export there as well. "Canada continues to have serious...

  • LONDON, Feb 5- The price of gold slipped after a mixed U.S. jobs report on Friday, but was still on track for its biggest weekly gain in a month on doubts about whether the Federal Reserve can keep raising interest rates. Spot gold initially rose after the jobs report to $1,161.31 an ounce, its highest since Oct. 29, but by 1401 GMT it was down 0.5 percent at $1,149.86 an...

  • *Iran billing new oil contracts in euros- NIOC source. NEW DELHI, Feb 5- Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief. A source at state-owned National Iranian Oil Co told...

  • *India needs to raise productivity, he adds. NEW DELHI, Feb 5- India needs more data before deciding whether to permit commercial growing of its first genetically modified food crop, its environment minister said on Friday, but indicated it would not stand "in the way of science" despite protests. India spends billions of dollars every year importing edible oils and...

  • *Coming up: U.S. non-farm payrolls at 1330 GMT. LONDON, Feb 5- Gold hit a three-month high on Friday, on track for its strongest weekly gain in a month after growing doubts about whether the Federal Reserve can keep raising interest rates put pressure on the dollar. Spot gold was up 0.3 percent at $1,158.3 an ounce by 1055 GMT, after touching $1,158.80, its highest since...

  • An aerial view of Sakurajima taken in August 2015

    A Japanese volcano about 50 km (30 miles) from a nuclear plant erupted on Friday, Japan's Meteorological Agency said.

  • LONDON, Feb 5- Ukraine's restructured Eurobonds extended losses on Friday as fears grew over the fate of the ruling coalition and its IMF bailout, though a reduction in U.S. rate rise bets continued to support other emerging assets. MSCI's emerging equity index rose 0.4 percent after shares in Hong Kong and Mumbai rose around half a percent.

  • KATHMANDU, Nepal— Vehicles passed through the main border point between Nepal and India on Friday after frustrated local residents forcefully removed barriers set up by ethnic protesters who blockaded the border to demand changes in the new constitution. Birgunj is the key border point where landlocked Nepal gets fuel and other goods from India, its main...

  • JAKARTA, Indonesia— There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Yes, at least in Indonesia, if not worldwide. The furniture giant, founded in Sweden in 1943, has lost a trademark dispute in Indonesia after the country's highest court agreed the IKEA name was owned by a local company.

  • JAKARTA, Feb 5- Indonesia's economy picked up speed in the fourth quarter thanks to higher public spending, suggesting President Joko Widodo is finally starting to unclog much needed infrastructure investment and spur growth in the year ahead. Southeast Asia's largest economy grew 5.04 percent in October-December from a year earlier, supported by...

  • *India Oct-Dec GDP seen at 7.3 pct, faster than China. *Ambit Capital estimates growth at only 5-6 pct. It's a good deal weaker than official data showing India to be the world's most dynamic big economy.

  • CALGARY, Alberta, Feb 4- Canada will not rush to lift sanctions against Iran, despite calls to scrap the measures quickly so Canadian companies can compete for contracts, Prime Minister Justin Trudeau said on Thursday. The United States, the European Union and other major nations have already lifted some of their punitive measures following a deal struck last...

  • *Iran says it supports meeting between OPEC, other producers. *Venezuela oilmin meets with counterparts in Qatar, Oman. NEW YORK, Feb 4- Oil fell 2 percent in volatile trading on Thursday, as support from a weakening dollar was overshadowed by scepticism that cash-strapped OPEC member Venezuela's effort to lobby crude producers for joint output cuts would...

  • NEW YORK/ LONDON, Feb 4- Gold rose for a second day on Thursday, hitting three-month highs as the dollar continued to ease amid mounting doubts that the U.S. "The market is fetishizing bad news and convincing itself that the Fed will never be able to hike again," director of base and precious metals trading for BMO Capital Markets in New York. Spot gold was up more than 1...

  • NEW YORK, Feb 4- Colm Kelleher is a stickler for discipline, even when it comes to the office dress code. Kelleher's role as enforcer-in-chief at Morgan Stanley was solidified last month when the Wall Street firm's Chief Executive James Gorman named him president, the No. 2 spot. Ahead of his promotion he culled one-in-four jobs on its bond trading desk and he is...

  • *Iran says it supports meeting between OPEC, other producers. NEW YORK, Feb 4- Oil prices were volatile on Thursday, reversing earlier gains as scepticism that cash-strapped OPEC member Venezuela's effort to lobby crude producers for output cuts would succeed offset a weakening dollar. Venezuelan Oil Minister Eulogio del Pino said he had a "good and productive"...

  • *Iran says it supports meeting between OPEC, other producers. Crude added to the previous session's 7 percent jump after an Iranian official was quoted as saying Tehran supported a meeting between OPEC and other oil producers. "Headlines continue to fly about an OPEC/ non- OPEC meeting.

  • *OPEC's Venezuela lobbies for producer meet to cut output. Crude rebounded from an earlier decline after an Iranian official was quoted as saying Tehran supported a meeting between OPEC and other oil producers- raising hopes they could take action to support prices despite widespread scepticism in the market. "Headlines continue to fly about an OPEC/ non- OPEC...

  • LONDON, Feb 4- Gold edged up to a three-month high on Thursday, a day after its best day in two weeks, buoyed by expectations that global economic and financial headwinds could make it tough for the U.S. Commodities rallied across the board on Wednesday as the dollar tumbled after William Dudley, president of the Federal Reserve Bank of New York, said that financial...