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  • LONDON— International bank HSBC said Sunday it has decided to keep its headquarters in London after considering a move to Hong Kong in response to tougher U.K. banking regulations. It remains therefore ideally positioned to be the home base for a global financial institution such as HSBC. " Europe's largest bank by market value, HSBC announced last year that it...

  • *Return of Chinese markets, China data next event risk. SYDNEY, Feb 15- The yen nursed losses early on Monday, having retreated from its highest in over a year as a rally in European and U.S. stocks late last week dulled demand for the safe-haven currency. "The China equity market's reaction to last week's turmoil as well as the degree, if any, of a lower USD/CNY fixing...

  • SUKOHARJO/ JAKARTA, Indonesia, Feb 15- Millions of dollars worth of subsidised fertilizers meant for small Indonesian farmers are being sold to big plantations, such as palm oil and rubber, at huge profits by state-backed retailers, a government report viewed by Reuters shows. A shortage of cheap fertilizers at a time when an El Nino weather event is threatening...

  • SAN FRANCISCO, Feb 14- The Federal Reserve's rate path "dot plot" has become increasingly detached from financial markets' interest-rate projections and risks sending an overly hawkish message that may undermine the central bank's credibility. Both Fed Chair Janet Yellen and New York Fed Chief William Dudley suggested this week that rate rises were still on...

  • WASHINGTON, Feb 14- Republican lawmakers and presidential candidates hardened their positions on Sunday on blocking a move by President Barack Obama to fill the seat left by the late conservative Justice Antonin Scalia on the Supreme Court, a lifetime appointment that would help decide some of the most divisive issues facing Americans.

  • WASHINGTON— Justice Antonin Scalia's death deprives conservatives of a key vote that could change the outcome in some major Supreme Court cases, including one in which labor unions appeared headed for a big defeat. Next month's Supreme Court arguments in a clash over contraceptives, religious liberty and President Barack Obama's health care law also now...

  • The five-year borehole project was tentatively slated to start later this year on state-owned land in rural North Dakota, but it has already been met with opposition from state and local leaders who want more time to review whether the plan poses any public danger. "It should be a statewide decision," said Jeff Zent, spokesman for North Dakota Gov.

  • Describing her hometown as a phoenix, Reese said she wanted to look back at her childhood but also capture the excitement of today's Detroit in the short film she presented with a collection of clothing that harkened back to a 1930 s speakeasy. Directed by Ali Nassar, with original music by Regina Carter, the film titled "A Detroit Love Song" follows a stunning young...

  • BAY CITY, Mich.— A city that has been home to a General Motors factory for nearly a century is struggling over whether to buy less expensive Ford Motor SUVs for the police department. The issue will be discussed at a city commission meeting Monday, The Bay City Times reported. Commissioner Ed Clements wants to stick with GM, which has operated a factory in Bay City, 115...

  • DUBAI, Feb 14- A leap by the Tehran stock market in the past four weeks contrasts with gloom in many bourses around the world and hints at Iran's investment potential as its economy, long isolated by sanctions, rejoins the global trading system. The TEDPIX index has soared 18.3 percent since Jan. 16, when the sanctions were lifted after an international deal on...

  • MUMBAI, Feb 14- Thousands of people and lion mascots swarmed the weekend opening of a "Make in India" drive to attract foreign direct investment, pitched by Prime Minister Narendra Modi as "the biggest brand that India has ever created". Even as the Make in India hype scales new heights, some bosses questioned Modi's delivery on promises to make it easier to do...

  • LOS ANGELES— The R-rated "Deadpool" has taken the box office by storm, annihilating records with an eye-popping $135 million from its first three days in U.S. theaters, according to comScore estimates Sunday. The Fox film, which stars Ryan Reynolds as the foul-mouthed superhero, easily trounced last year's record-setting $85.2 million February debut of the...

  • COLUMBUS, Ohio— A federal trial over a $100 million investors' lawsuit against Venezuela includes allegations of fraud, hints of an international criminal conspiracy, and references to diamonds, German junk bonds and a mysterious house fire in Switzerland. Venezuela has confirmed the debts belonging to an agricultural development bank known as Bandagro are...

  • ST. LOUIS— A Midwestern environmental group has followed through on its promise to formally challenge Peabody Energy's ability to guarantee it has enough money for future cleanup of its Illinois and Indiana coal mines. Groups also have raised concern about self-bonding for Wyoming mines operated by St. Louis- based Arch Coal and Bristol, Virginia- based Alpha...

  • FRANKFURT, Feb 14- A high-ranking employee warned senior Volkswagen managers in May 2014 that U.S. regulators might examine car engine software as part of an investigation into pollution levels, two sources familiar with the matter said on Sunday. The U.S. Justice Department is suing the company for up to $46 billion for alleged violations of environmental law...

  • The documents show the company pushing to speed up the improvements to Vermont Route 22 A, a road on the western side of the state and a link in the most direct route from the former IBM— now GlobalFoundries— computer chip plants in Essex and Williston to company facilities in New York state. And they point to these incentives coming in exchange for a promise that "up...

  • DENVER— When sisters Caroline Clark and Dianne Rissman set up their quilt shop in the house on their family farm in Iowa 2004, vendors they would call about fabric or thread would helpfully tell them it would be easier to order on line. Last year, their Forest Mills Quilt Shop shipped kits and materials to 27 states and Canada. Allamakee- Clayton cooperative...

  • *Next regular OPEC meeting scheduled for June. Oil prices have slumped by more than 70 percent to near $30 a barrel over the past 18 months as OPEC, led by top producer Saudi Arabia, sought to drive higher-cost producers out of the market by refusing to cut production despite a supply glut. The price crash has crippled some economies that depend heavily on oil sales...

  • NIGERIA OIL MINISTER SAYS WILL HAVE TALKS WITH SAUDI AND QATARI COUNTERPARTS.

  • GROWING APPETITE INSIDE OPEC FOR CONSENSUS ON MEASURES TO END OIL GLUT- NIGERIA OIL MINISTER.