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  • *Strong sales in the United States, rebound in China. PARIS, Feb 10- The value of French wine and spirits exports reached an all-time high last year, mainly helped by a weak euro, strong demand for champagne and cognac and a recovery in the Chinese market, but producers warned there was a further drop in volumes. The increase put the sector back in second place in the...

  • Japan PM: I trust BOJ boss on negative rates Wednesday, 10 Feb 2016 | 1:02 AM ET
    Japanese Prime Minister Shinzo Abe.

    Shinzo Abe has defended the Bank of Japan's handling of monetary policy, after the central bank's surprise move on rates unsettled global markets.

  • WASHINGTON, Feb 9- U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak demand for U.S. supplies on the export market, the government said on Tuesday. The U.S. Agriculture Department in its monthly supply and demand report also raised its soybean ending stocks outlook due to a slowdown...

  • WASHINGTON, Feb 9- U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to cuts to already weak demand for U.S. supplies on the export market, the government said on Tuesday. USDA pegged global wheat ending stocks for the 2015/ 16 crop year at 238.87 million tonnes, up from its January forecast of 232.04 million...

  • US wholesale inventories, sales fall in December Tuesday, 9 Feb 2016 | 10:01 AM ET
    An employee arranges flat screen television inventory at the ABT warehouse in Glenview, Illinois.

    U.S. wholesale inventories slipped in December for a third straight month as businesses continued to reduce unsold merchandise.

  • *Asia trade insurers wary over China, India metals firms. *Coming Up: Germany Industrial output Dec 0700 GMT. MELBOURNE, Feb 9- London copper drifted on Tuesday after worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the return of top consumer China next week for fresh signals on demand.

  • LONDON, Feb 8- Members of troubled European industries including steel and aluminium will descend on Brussels in their thousands next Monday to protest against proposed measures to give China greater access to EU markets, and call for action on subsidised Chinese imports. Industrial sector representatives fear millions more jobs will be at risk if Brussels...

  • Double-whammy hammers Japan's trading houses Sunday, 7 Feb 2016 | 9:39 PM ET

    Japan's storied trading houses face billions of dollars in impairments from an emerging markets downturn and the commodities rout.

  • NEW DELHI, Feb 8- India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. "There are inconsistencies between the picture presented by new GDP series and many other tried...

  • BOSTON— Tapping into Canadian hydropower is hardly a new concept in energy-starved New England. Among several plans yet to secure final approval are the $1.4 billion Northern Pass project, designed to bring 1,090 megawatts of Hydro- Quebec power through New Hampshire into southern New England and a 1,000- megawatt transmission line beneath Lake Champlain...

  • China says EU should take steel dumping claims to WTO Saturday, 6 Feb 2016 | 5:47 AM ET

    BEIJING, Feb 6- China's Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization, responding to reports that the European Commission was preparing to impose duties on imported Chinese steel. The EC is set to impose provisional duties later this month of up to 16 percent on China, and of up to 26 percent on...

  • 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...

  • NEW DELHI, Feb 5- India on Friday set a floor price for imports of steel products to deter countries such as China from undercutting local mills, the first time it has taken such a step in over 15 years even as the country remains the world's only major growing steel market. Top Indian steel makers such as JSW Steel, Tata Steel Ltd, Jindal Steel& Power Ltd and Kalyani...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • South Africa aims to lift coal exports to India Friday, 5 Feb 2016 | 9:45 AM ET

    *South Africa looks to India to maintain record exports. CAPE TOWN, Feb 5- South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal last year, industry officials said on Friday, as a drop in exports from rival Indonesia opens up the chance to grab market share. A drop in Indonesian exports to India, which imported around...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said on Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • OTTAWA, Feb 5- Canada's trade deficit unexpectedly shrank to C $585 million in December from C $1.59 billion in November as exports jumped by a healthy 3.9 percent, Statistics Canada data indicated on Friday. Exports to the United States, which accounted for 74.8 percent of Canada's global total in December, grew 2.9 percent while imports grew 1.3 percent.

  • US trade deficit widens as exports fall Friday, 5 Feb 2016 | 8:34 AM ET
    A container ship sits docked in a berth at the Port of Oakland.

    The U.S. trade deficit widened in December as a strong dollar and weak global demand continued to weigh on exports.

  • WASHINGTON— The U.S. trade deficit rose in December as American exports fell for a third straight month, reflecting the pressures of a stronger dollar and spreading global weakness. The December deficit increased 2.7 percent to $43.4 billion, the Commerce Department reported Friday. For all of 2015, the deficit rose 4.6 percent to $531.5 billion.

  • WASHINGTON— US trade deficit up in 2015; exports drop for first time since recession amid strong dollar, global weakness.