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Bunge misses 4Q profit forecasts

WHITE PLAINS, N.Y. _ Bunge Ltd. on Thursday reported fourth-quarter net income of $203 million, after reporting a loss in the same period a year earlier. On a per-share basis, the White Plains, New York- based company said it had net income of $1.30. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
Source: The Associated Press
UPDATE 1-South Africa's Woolworths to conserve cash as growth slows

JOHANNESBURG, Feb 11- South African retailer Woolworths Holdings Ltd will aim to conserve cash as growth slows in its home market, Chief Executive Ian Moir said on Thursday. Woolworths, which sells upmarket food and clothing, warned rising interest rates in South Africa would further pressure consumers in Africa's most advanced economy, where it makes nearly...
Source: Reuters
Stocks tank after Yellen warning; SocGen down 11%

European stocks traded sharply lower on Thursday as investors digest comments made by U.S. Federal Reserve chair Janet Yellen and what that means for the timetable for interest rate hikes.
Source: | By: Arjun Kharpal
Worrying imbalances lurk below India's high headline growth

NEW DELHI/ MUMBAI, Feb 11- India's turbocharged growth figures have been criticized by many analysts for giving too flattering a view of Asia's third-largest economy. Consumer spending was the main driver behind India's 7.3 percent growth in the October-December quarter, as a pick up in urban spending more than compensated for subdued spending in rual areas...
Source: Reuters | By: Rajesh Kumar Singh and Sumeet Chatterjee
Singapore banker key to 1MDB's Swiss bank ties

A Singapore-based private banker was a key link between Malaysian wealth fund 1MDB, a Swiss private bank and a Malaysian businessman connected to the troubled fund.
Source: Reuters | By: Saeed Azhar and Anshuman Daga
The banker at centre of Swiss bank BSI, 1MDB relationship

SINGAPORE, Feb 11- A private banker, caught up in Singapore's money laundering probe linked to 1 Malaysia Development Bhd, was a key link between the embattled state investor, a Swiss private bank and a Malaysian businessman connected to the troubled fund. Yak was not personally at the Singapore High Court on Friday, when he sought to unfreeze his Singapore funds...
Source: Reuters | By: Saeed Azhar and Anshuman Daga
ASX CEO: H1 Secondary raisings lifted results  

Elmer Funke Kupper, MD & CEO of the ASX, says H1 was positive with 77 new listings, but the IPO pipeline is set to soften in H2.
Virgin Australia: We've improved across the board  

John Borghetti, CEO of Virgin Australia, says each business division has picked up except for cargo, which is going through major changes.
Top VC Andreessen under fire over India comments

Facebook chief Mark Zuckerberg has denounced comments made by key investor Marc Andreessen that appeared to support the colonization of India.
Source: | By: Saheli Roy Choudhury
EIG Pacific Holdings extends deadline for Pacific E&P tender offer

NEW YORK, Feb 10- Investment firm EIG Pacific Holdings Ltd said on Wednesday it had extended the deadline and changed some terms for its offer to buy nearly all the debt of Colombia's largest private oil producer, Pacific Exploration& Production Corp.. The deadline for the offer for Pacific's $4.1 billion in debt has been extended until March 24 from Feb. 10.
Source: Reuters | By: Jessica DiNapoli