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  • SINGAPORE/ LONDON, Feb 14- Three liquefied natural gas traders at Asia's biggest commodity trade house, Noble Group Ltd, including two co-heads of the team, are leaving to join rival trader Glencore, sources familiar with the matter told Reuters. The sources said that Noble will continue to trade LNG, having restarted its London- based trading desk in 2014.

  • NYAHURURU, Kenya— This Valentine's Day, there's a good chance your flowers came from Kenya. "I know the flowers are for giving on Valentine's Day," said Phanice Cherop, a worker at a flower farm in Kenya. Such conditions have helped make Kenya become the world's fourth-biggest supplier after the Netherlands, Ecuador and Colombia.

  • *Iran has one of the world's biggest zinc deposits. *India considering $2 bln aluminium smelter in Iran. "Iran absolutely has world class mining assets, which have hitherto been shrouded from investors, but we're in the depths of one of the darkest, worst downturns in mining for some time," said Neil Passmore, chief executive of Hannam& Partners boutique merchant bank...

  • *Online polls suggest EU referendum will be tight race. LONDON, Feb 14- If you believe online polls, Britain's looming referendum on whether to quit the European Union will be a tight race that the "out" camp could win. The EU risks losing its second-biggest economy and one of its two main military powers, while the consequences for Britain in terms of trade, growth and...

  • *Suicide rate in City of London higher than other boroughs. LONDON, Feb 14- Dwindling job security, heavier workloads, regulatory upheaval and the poor public image of the banking sector are taking a toll on the mental health of Britain's bank workers. Those who still have a job are vilified, "said Jagdev Kenth, director of risk and regulatory strategy in the...

  • SINGAPORE, Feb 14- Aerospace leaders gathering for this week's Singapore Airshow face conflicting pressures as they juggle growing concerns over jetliner demand while keeping record production plans on track. Worries about the effects of a faltering global economy and tensions in the South China Sea overshadow the two-yearly event in Singapore, which is...

  • WASHINGTON, Feb 12- American and British regulators are likely to charge several banks with rigging interest rates, including Citigroup, the third-largest U.S. bank, and London- based HSBC Holdings, the Wall Street Journal reported on Friday. The U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority were preparing a final round of...

  • WASHINGTON, Feb 12- American and British regulators are likely to charge several banks including Citigroup, the third-largest U.S. bank, and London- based HSBC Holdings, in an interest-rigging probe, the Wall Street Journal reported on Friday.

  • LONDON— A British factory-owner has been sentenced to 27 months in prison for employing Hungarian workers for as little as 10 pounds a week. Mohammed Rafiq's company Kozee Sleep made beds for major retailers including Next and John Lewis, and was supposed to abide by their ethical-trading policies. Sentencing him Friday at northern England's Leeds Crown...

  • *Market lifted by UAE comments on potential coordinated OPEC cut. NEW YORK, Feb 12- U.S. crude prices jumped 12 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets and the euro added to the risk appetite in oil. The UAE's comments, coming after vain efforts earlier in the week...

  • NEW YORK, Feb 12- U.S. and European shares rebounded from recent weakness on Friday, with reassuring U.S. retail sales data boosting sentiment, while U.S. crude prices rallied from more than 12- year lows. Banking shares in the United States and Europe spiked, with the S&P financial index last up 2.9 percent and the STOXX 600 Europe Banks index gaining 4.7 percent.

  • *Low oil prices lift spending less than before-CEOs. LONDON, Feb 12- Consumer companies are offering investors a small degree of relief from the turmoil in banking and resources in a results season dominated by fears about slowing economic growth. "In the context of a market that's in meltdown, the performance consumer goods has been delivering is pretty good,"...

  • NYAHURURU, Kenya— This Valentine's Day, there's a good chance your flowers came from Kenya. "I know the flowers are for giving on Valentine's Day," said Phanice Cherop, a worker at a flower farm in Kenya. Such conditions have helped make Kenya become the world's fourth-biggest supplier after the Netherlands, Ecuador and Colombia.

  • LISBON, Portugal— He doesn't boast about being an expert deal-maker like Donald Trump, but new Portuguese Prime Minister Antonio Costa is quietly building a reputation as a canny negotiator and a government leader to watch in southern Europe by doing what many people thought was impossible. Critics says Costa is making high-stakes gambles: already, his budget...

  • *Size and pattern of market moves make some fear third crisis. *Investors pick on Portugal as euro zone weak link. LONDON, Feb 12- Don't panic yet, but the financial market upheaval in recent days is worryingly reminiscent of when the 2008-2009 global financial crisis and the 2011-2012 euro zone debt crisis were in their early stages.

  • LONDON— Britain's Independent newspaper will publish its last print edition next month as it makes a "historic transition" to digital-only format, its owner said Friday. Another of the company's papers, the commuter-focused daily newspaper i, has been sold to regional newspaper publisher Johnston Press for 24 million pounds. The Independent, founded in 1986,...

  • New app helps young Iranians avoid "morality police" Friday, 12 Feb 2016 | 7:30 AM ET

    *New app collects data on morality police checkpoints. DUBAI, Feb 12- A new smartphone application that helps Iranians dodge the Islamic Republic's "morality police" is proving popular with the young, tech-savvy population but has quickly fallen foul of the authorities. Gershad is seen by some as setting a precedent for "digital protest" in Iran as elections loom...

  • *Yen near 15- month high despite Japan's verbal intervention. LONDON, Feb 12- Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold. Japan's Nikkei fell 5.4 percent, having been shut during...

  • UK competition authorities fine GSK $54.5 million Friday, 12 Feb 2016 | 5:47 AM ET

    LONDON— Britain's competition authority has fined drugmaker GlaxoSmithKline plc 37.6 million pounds for stalling the potential entry of generic competitors of an anti-depressant drug Seroxat into the marketplace. "Today's decision sends out a strong message that we will tackle illegal behavior that is designed to stifle competition at the expense of...

  • That's certainly true for Germany, Europe's largest economy, where energy cost savings appeared to have buoyed consumers and the influx of refugees prompted the government to increase spending. The risks are heightened by the fact that many governments cannot spend much due to high debt and many banks— not just in financially troubled Italy and Greece— are...