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  • *Vekselberg is one of Russia's richest men. MUNICH/ MOSCOW, Feb 13- Billionaire Viktor Vekselberg said on Saturday he might buy stakes in some of Russia's miners when they come up for sale, the first oligarch to officially declare in interest in the country's new privatisation drive. Vekselberg, one of Russia's richest men with assets ranging from construction to...

  • *Kerry says Russia must change targets to adhere to peace deal. MUNICH, Feb 13- The United States and France criticised Russia on Saturday for bombing civilians in Syria, a charge Russian Prime Minister Dmitry Medvedev rejected as major powers bickered openly a day after agreeing to a pause in combat. Secretary of State John Kerry accused Russia of hitting...

  • MUNICH, Feb 13- Russian billionaire Viktor Vekselberg said on Saturday he would potentially be interested in buying stakes in the country's diamond miner Alrosa and other miners when they come up for sale. He said, however, he is not interested in acquiring stakes in Russia's oil or gas companies. Russia is planning a privatisation drive this year, hoping to bring...

  • MUNICH- RUSSIAN BILLIONAIRE VEKSELBERG SAYS POTENTIALLY INTERESTED IN BUYING STAKES IN DIAMOND MINER ALROSA, OTHER MINERS WHEN ASSETS PRIVATISED.

  • MUNICH- VEKSELBERG SAYS NOT INTERESTED IN ACQUIRING OIL OR GAS STAKES IN RUSSIAN COMPANIES.

  • MUNICH- VEKSELBERG SAYS BUYING STAKES WILL DEPEND ON PRICE, SALES CONDITIONS; SAYS CURRENT PRICES FOR RUSSIAN ASSETS "REASONABLE".

  • But a nation not invited— neighboring power China— will be the proverbial elephant in the room as the leaders grapple with sensitive territorial disputes. U.S. officials say the two-day summit at the Sunnylands estate is not directed against China, a strategic rival of the U.S. China says it has a historical right to virtually all of the South China Sea and has...

  • BEIJING, Feb 13- Speculators should not be allowed to dominate market sentiment regarding China's foreign exchange reserves and it was quite normal for reserves to fall as well as rise, central bank governor Zhou Xiaochuan was quoted as saying on Saturday. There was a need to distinguish capital outflows from capital flight, and tight capital controls would...

  • MANILA, Philippines— A summit next week between Southeast Asian leaders and President Barack Obama is unlikely to deliver any big economic prizes, but will allow the American side to press the advantages of joining a Pacific trade pact that doesn't include China. "We are going to be engaged in Southeast Asia, we're going to be engaged in working with the nations of...

  • BEIJING, Feb 13- There is no basis for the yuan to keep depreciating, Chinese central bank governor Zhou Xiaochuan said in an interview carried in the Chinese financial magazine Caixin on Saturday.

  • WASHINGTON, Feb 12- The U.S. government said on Friday it had approved the sale to Pakistan of up to eight F-16 fighter jets built by Lockheed Martin Corp, radar and other equipment in a deal valued at $699 million. The agency said the F-16s would allow Pakistan's Air Force to operate in all-weather environments and at night, while improving its self-defense...

  • SAN FRANCISCO, Feb 12- Visa Inc, the world's largest credit and debit card company, said on Friday it currently has about a 1 percent stake in mobile payments company Square Inc based on a 2011 investment. The company has the option to convert up to 3.52 million of these shares into Class A stock, according to a disclosure filed with the Securities and Exchange...

  • Feb 12- Nevada's utility regulator voted unanimously on Friday to require households with solar panels to move to a new, less generous rate structure, angering supporters who said existing solar owners should be able to preserve their previous rates. The Nevada Public Utilities Commission's move came in the wake of its decision in December to reduce the...

  • VANCOUVER, British Columbia _ ESSA Pharma Inc. on Friday reported a loss of $4 million in its fiscal first quarter. On a per-share basis, the Vancouver, British Columbia- based company said it had a loss of 18 cents. Keywords: ESSA Pharma, Earnings Report.

  • BRUSSELS- European Central Bank President Mario Draghi speaks at the European Parliament- 1400 GMT. TUESDAY, FEBRUARY 16 WASHINGTON- Minneapolis Federal Reserve Bank President Kashkari speaks at Brookings Institution- 1530 GMT. NEWARK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the 2016 Economic...

  • SAO PAULO, Feb 12- Mexico's peso clawed back gains from a record low on Friday after brutal losses during the week as a rebound in oil prices and global stocks lifted battered Latin American currencies. Solid U.S. consumer data on Friday helped stocks on Wall Street rebound while oil prices, which have driven the fortunes of oil producers like Mexico and Colombia,...

  • Feb 12- Twitter Inc Chief Executive Jack Dorsey has agreed to continue to forego any form of direct compensation, a regulatory filing by the company showed on Friday. Dorsey in June agreed to no salary until the company's compensation committee agreed upon a package for him. Following the departures, Twitter named American Express Co executive Leslie Berland...

  • BOSTON, Feb 12- Valiant Capital Partners, a hedge fund with ties to renowned investor Julian Robertson that has been closed to new investments since 2012, is raising fresh capital, a person familiar with the firm's plans said. The San Francisco- based firm, which has bet heavily on technology stocks including Apple, Facebook and Amazon, wants to keep its assets near...

  • PHILADELPHIA— Drew Lewis, a businessman who served as U.S. transportation secretary under President Ronald Reagan during the 1981 air traffic controllers' strike, has died at age 84.. Lewis, who lived on a farm in Lower Salford, in the Philadelphia suburbs, died Wednesday in Prescott, Arizona, of complications from pneumonia, said his son, Andy Lewis.

  • RIO DE JANEIRO, Feb 12- Brazilian President Dilma Rousseff issued a decree late on Friday cutting the federal government's discretionary spending limit for the January-to-March period by a third as her government continues to work on a comprehensive austerity plan. Rousseff has been under pressure to cut the country's budget and reduce taxes in an effort to...