Imperva tackles internal threats to maintain sales momentum JERUSALEM, Feb 9- Cybersecurity firm Imperva sees its sales growth slowing to around 30 percent this year and will aim to tap a growing market for threats originating inside big companies. While it last week forecast a more modest 30 percent growth this year, CEO Anthony Bettencourt believes that could prove conservative, especially since Imperva initially...
| By: Steven Scheer
PRECIOUS-Gold stays near seven-month high as stocks remain volatile *Stops short of $1,200 an ounce on Tuesday. Analysts said the metal is looking overbought and it pulled back after stopping short of testing key psychological resistance at $1,200 an ounce on Tuesday, but many say it could push higher again in coming days. Spot gold was trading down 0.1 percent at $1,189.96 an ounce by 1527 GMT, after rising to $1,200.60 on Monday,...
| By: Susan Fenton
Bonds prices rise as stocks sruggle U.S. sovereign bonds prices rose on Tuesday, following Monday's surge on the back of volatility in stock markets.
| By: Katy Barnato
CORRECTED-UPDATE 4-FDA staff backs biosimilar to Remicade; J&J and AbbVie fall The news sent shares of J&J, whose annual Remicade sales of $6.5 billion are mostly in the United States, down almost 4 percent. FDA scientists released their favorable report ahead of a meeting Tuesday of an independent medical advisory panel to the agency. "The data submitted by Celltrion show that is highly similar to U.S.-licensed Remicade" in treating...
| By: Ransdell Pierson
FOREX-Dollar hits four-month low as investors flee to safe havens NEW YORK, Feb 9- The dollar tumbled to a nearly four-month low on Tuesday as growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen and Swiss franc. A selloff in major stock markets worldwide and increased worries about Europe's banking sector also shook confidence in the dollar, which has moved in line with risky...
| By: Dion Rabouin
Saudi Arabian builders delay payments amid state spending clampdown *Saudi labor ministry issues statement on unpaid wages. DUBAI, Feb 9- Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects. In an unusual move this week, the Ministry of Labour issued a public...
| By: Tom Arnold and Andrew Torchia
UPDATE 2-Bank of England deputy says may act if lending speeds up *UK household debt-to-GDP ratio back at 2002 levels. LONDON, Feb 9- The Bank of England will consider steps to safeguard financial stability if household debt grows faster than the rest of the economy, the bank policymaker in charge of financial stability said on Tuesday. "If credit began to grow faster than GDP, I would want to think very seriously about taking...
| By: David Milliken and Ana Nicolaci da Costa
Job openings rise in December There were 5.6 million job openings in December 2015, up from 5.43 million job openings in November.
| By: Anita Balakrishnan
UPDATE 7-Oil prices ease as slowdown fears grip markets The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency cut its forecast for 2016 oil demand growth, which now stands at 1.17 million barrels per day following a five-year high of 1.6 million in 2015,...
| By: Amanda Cooper
India's Essar Oil says Rosneft stake buy in advanced due diligence MUMBAI, Feb 9- Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday. Last week, Bloomberg reported that the company was in talks with Saudi Arabia's biggest oil company Saudi Aramco and National Iranian Oil Company to sell a...
| By: Promit Mukherjee