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  • MELBOURNE, Feb 8- Spot gold slipped on Monday from near a three-month top hit the session before, after a solid U.S. jobs report strengthened the dollar and potentially boosted the chance of rate hikes this year. *Spot gold had slipped by 0.7 percent to $1,165.10 an ounce by 0008 GMT, as it fell back from its highest since Oct. 28 at $1,174.50 hit in the previous session.

  • *Lunar New Year closes most markets, with China off all week. TOKYO, Feb 8- Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday. With Singapore, Hong Kong and mainland China all closed for the new year holiday, "volumes will be well...

  • MONTREAL/ WASHINGTON, Feb 7- Europe and the United States tried to bridge differences over emissions standards for aircraft on Sunday as global aviation leaders prepared to adopt new rules that could affect Boeing Co and Airbus Group's production of the largest jetliners and freighters. Proposals being debated in Montreal by the International Civil...

  • NEW YORK, Feb 7- The average price of a gallon of gasoline in the United States fell 8.2 cents in the past two weeks to its lowest level in seven years, according to a Lundberg survey released on Sunday. Regular grade gas fell to around $1.82 per gallon in the Feb. 5 survey from $1.91 on Jan. 22, when the previous survey was taken. West Texas Intermediate, the U.S. benchmark,...

  • NEW YORK— Published reports are saying that Ford plans to build a new auto plant in Mexico, with plans to rev up production there. According to The Wall Street Journal, Ford plans to build a new assembly complex in San Luis Potosi and expand an existing facility near Mexico City. The move reflects how Mexico has become an attractive place for global carmakers.

  • China, a focus of much of the recent market concern, released foreign reserves data on Sunday which showed the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. The country's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowest level since May 2012, central bank data showed. Federal Reserve Chair...

  • *Dollar holds on to Friday's gains. *Much of Asia shut for the Lunar New Year holidays. SYDNEY, Feb 8- The dollar held onto its post-payrolls gains early on Monday in a sluggish start to the week with the Lunar New Year holidays and the Super Bowl game all but guaranteeing a tepid session in Asia.

  • NEW DELHI, Feb 8- A doctor at a hospital in India's capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. India's top private hospitals, seizing on a shortage of critical-care doctors, are expanding into the remote management of...

  • 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...

  • *China investing $46 billion in new trade route. GWADAR, Pakistan, Feb 8- A heavy police presence, guarded convoys, new checkpoints and troop reinforcements have turned parts of the southern port city of Gwadar into a fortress, as Pakistan's powerful military seeks to protect billions of dollars of Chinese investment. Securing the planned $46 billion economic...

  • In September, German prosecutors searched offices and residences linked to Maple Bank in a probe of serious tax evasion and money laundering connected to so called dividend stripping trades. Bafin said in a statement that once Maple Bank made some necessary tax provisions, over-indebtedness loomed. German daily Sueddeutsche Zeitung reported on Sunday...

  • FRANKFURT, Feb 7- Volkswagen will offer generous compensation packages to the roughly 600,000 U.S. owners of diesel vehicles whose emissions are over the legal limit, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg...

  • NEW YORK, Feb 7- U.S. cotton farmers are expected to boost acreage by 6.2 percent this year as weak market prices for competing crops including corn and soybeans lead them to devote more area to the fiber, an industry group concluded after a survey. The National Cotton Council, or NCC, expects plantings in the world's biggest exporter to rise to 9.1 million acres in...

  • CAMARILLO, Calif.— The average price of gasoline has dropped 8 cents over the past two weeks, to $1.82 a gallon. In the Lower 48 states, the highest average price of regular gasoline was $2.62 per gallon in Los Angeles. The lowest was $1.44 in Tulsa, Oklahoma.

  • NEW YORK— Chet Kanojia, the founder of startup TV service Aereo, has a new offering that could shake up the cable industry again. The service is expected to launch this summer, starting in Boston. In an interview with The Associated Press, Kanojia insists he's not going after the cable industry— but his service would compete directly with cable companies'...

  • SACRAMENTO, Calif.— California voters embraced the idea of building the nation's first real high-speed rail system, which promised to whisk travelers from San Francisco to Los Angeles in under three hours, a trip that can take six hours or more by car. In the second phase of a court challenge filed in 2011, attorneys for a group of Central Valley farmers will argue...

  • NEW YORK— " Kung Fu Panda 3" again led the box office over Super Bowl weekend, while the Coen brothers' "Hail, Caesar!" Joel and Ethan Coen's' 50 s Hollywood satire "Hail, Caesar! "opened in second place with an estimated $11.4 million for Universal Pictures.

  • AMMAN, Jordan— Jordan's planning minister says his country has been promised easier trade terms by the international community, potentially generating large-scale investment and "hundreds of thousands of job opportunities." Fakhoury spoke after last week's Syria aid conference, where donors pledged more than $10 billion, including aid to 4.6 million...

  • ROCKMART, Ga.— A coroner says a man has died and six others were injured in an explosion at a plant in northwest Georgia. Polk County Coroner Tony Brazier says 25- year-old Justin Deems died in the explosion that occurred at 2:37 a.m. Sunday at JCG Farms, a feed mill related to chicken farming. Rockmart City manager Jeff Ellis told local media that the cause of the...

  • SIOUX FALLS, S.D.— Jessica Ries settles in behind the counter of Tip Top Tux and phones a couple to remind them of an upcoming fitting before their wedding. Dennis Daugaard has proposed a half-cent sales tax increase to help raise teacher pay, but his plan needs two-thirds approval in both the House and the Senate— a tough proposition in a legislature with an...