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  • *EU producers allege dumping by China. PARIS, Feb 6- Seven countries including France, Britain and Germany have urged the European Union to step up action to relieve an ailing steel industry suffering from tumbling prices and cheap imports from China and Russia. Europe has lost 85,000 steel jobs since 2008, over 20 percent of the workforce, according to the...

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri made a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...

  • ZAGREB, Feb 6- Croatia is unlikely to go ahead with plans to build a new coal-fired thermal plant in the northern Adriatic for which it entered partnership talks with Japan's Marubeni Corp, the environment minister said on Saturday. Such plants don't fit in, " Slaven Dobrovic said at an energy round-table in Zagreb. Croatia agreed early last year to begin talks with...

  • BUENOS AIRES/ NEW YORK, Feb 6- Investors on Saturday praised the speed with which new Argentine President Mauricio Macri tabled a cash offer to holders of defaulted bonds aimed at ending a long and bitter dispute that has strangled government finances. A financial markets pariah since defaulting on a record $100 billion in 2002, Argentina proposed on Friday a...

  • The town of Fairview, in northwest Oklahoma, has been hardest hit, but several large quakes also have rattled the well-to-do suburb of Edmond, including a 4.3- magnitude quake on Dec. 29 and a 4.2 temblor a few days later. "The state's given us nothing other than innuendo about what they think it is," said Fairview resident George Eischen. That includes $387,000 for the...

  • LISBON, Portugal— The Portuguese government says it has agreed to buy 50 percent of the country's carrier TAP Air Portugal for 1.9 million euros. Prime Minister Antonio Costa, Planning and Infrastructure Minister Pedro Marques and Finance Minister Mario Centeno were at the ceremony in Lisbon. On Jan. 7, the Cabinet announced it was annulling the concessions to...

  • JOHANNESBURG— App developers have launched a series of uniquely African emojis of characters dressed in colorful traditional attire using popular local expressions and gestures. Afro Emoji founder Nigerian-American Ayoola Daramola said there was a gap in the market for images representing African mobile phone users. Afro Emoji spokeswoman Jessica...

  • FRANKFURT, Feb 6- The vast troves of consumer data held by big Internet companies should be scrutinised in merger probes because they have a big impact on competition, the president of the German antitrust watchdog told a newspaper. But that obviously goes against the logic of many Internet markets, " Andreas Mundt told Sueddeutsche Zeitung's Saturday edition.

  • MADRID— An explosion at a biodiesel plant has killed two workers and left one survivor seriously injured, Spanish emergency services said Saturday. The Emergency Coordination and Information Center for the regional government of Valencia said the explosion occurred at around 11 a.m. Saturday at a fuel production plant in Algemesi, 33 kilometers south of the...

  • Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...

  • *Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan early on Saturday killing at least 11 people, most in a 17- storey apartment building that collapsed, with at least five people missing in the ruins of the complex as darkness fell, government officials said. An 18- year old man was found alive and conscious shortly...

  • LISBON, Feb 6- The new Portuguese government and a private consortium that bought a 61 percent stake in flag carrier TAP last year have agreed in principle to give the state a larger stake and share control of the airline, leaving it under private management. "This is a 50-50 deal, under which the company will be privately managed," said Humberto Pedrosa, the...

  • NEW DELHI, Feb 6- India's Jet Airways Ltd said on Saturday its December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses. Jet, India's second largest carrier by market share, said net profit in the October-December period rose to 4.67 billion...

  • WASHINGTON— President Barack Obama said Saturday that he will ask the Republican-led Congress to double spending on research and development into clean energy by 2020. GOP lawmakers scoff at the science behind climate change and dismiss Obama's pleas for the issue to be dealt with urgently. Obama on Tuesday plans to send to Congress the spending blueprint...

  • 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...

  • TOKYO, Feb 6- North Korea has brought forward a time frame for the launch of a rocket that it says will carry an earth observation satellite, to begin on Sunday, the Japanese and South Korean governments said on Saturday. North Korea had earlier told the International Maritime Organisation it would launch the rocket some time between Feb. 8 and Feb. 25.

  • BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to the "old road" of capital controls, the country's top foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, during separate meetings with Andrew Rashbass, CEO of Euromoney...

  • BEIJING, Feb 6- China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country's central bank said on Saturday in its fourth-quarter monetary policy report. China will also maintain an appropriate level of liquidity and achieve reasonable growth of money and credit, the People's Bank of...

  • TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments. TSMC, whose customers also include Qualcomm Inc, is so far the only major Apple supplier in southern Taiwan to report damage...

  • *Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan on Saturday killing at least seven people, most in a 17- storey apartment building that collapsed, with about 35 people still feared trapped there hours into a rescue operation. As a search for survivors in the rubble went on, questions were being raised about the...