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UPDATE 2-ING beats earnings forecast, plays down oil exposure

AMSTERDAM, Feb 4 (Reuters) - ING, the Netherlands' largest bank, reported better than expected fourth-quarter earnings on Thursday and sought to calm worries about its exposure to oil industry lending that led to a 20 percent fall its share price in January.<

UPDATE 1-Statkraft suspends Turkey hydropower project over security worries

OSLO, Feb 4 (Reuters) - Statkraft, Europe's largest producer of hydropower, is suspending the development of a hydropower project in Turkey due to security concerns, it said on Thursday.

INSIGHT-Airline battle brews in Gulf as Iran eyes regional hub role

PARIS/DUBAI, Feb 4 (Reuters) - An economic battle is likely for dominance of the skies over the Gulf after Iran decided to invest $27 billion in an airline fleet capable of taking on the region's supercarriers.

Isolated Nepal PM could be toppled by constitution crisis

KATHMANDU, Feb 4 (Reuters) - An unwieldy coalition of lawmakers trying to implement Nepal's first democratic constitution is finding common cause with protesting minority groups, isolating Prime Minister K.P. Oli and increasing the risk his government could fall this spring.

Go for launch: The space race for mining metals from asteroids gains more focus

The Luxembourg Government announced a series of measures on Feb. 3 that will boost asteroid mining and the visionary use of space resources.

As energy rout deepens, CME, ICE reap benefit from record volumes

NEW YORK, Feb 4 (Reuters) - As a deepening panic has swept across world energy markets in recent months, exchange operators have reaped benefits as trading volumes soared.

Oil bears closing of $600 mln triple-short fund bet seen adding to tumult

HOUSTON, Feb 4 (Reuters) - This week's roller-coaster ride in the global crude oil market was likely fueled in part by the sudden liquidation of a $600 million leveraged fund bet on falling prices, market sources said on Wednesday.

FEATURE -As Cuba struggles to feed itself, lack of cash slows rise of urban farming

HAVANA, Feb 4 (Thomson Reuters Foundation) - Sitting beside a decaying Soviet-built housing complex on the outskirts of Havana, the Rotondo de Cojima farm grows several thousand kilos a month of carrots, lettuce and root vegetables, part of Cuba's drive to feed its people through organic farming.

High inventories help push crude oil prices to lowest levels in 13 years

(Thu, 04 Feb 2016) Several factors have played a part in pushing U.S. crude oil prices below $30 per barrel, including high inventory levels of crude oil, uncertainty about global economic growth, volatility in equity and nonenergy commodity markets, and the potential for additional crude oil supply to enter the market. Crude oil and petroleum product inventories, both domestically and internationally, have been growing since mid-2014 and are above five-year averages for this date.

China sees first mutual fund liquidation this year

SHANGHAI, Feb 4 (Reuters) - China Universal Asset Management Co said it plans to liquidate a fund that invests in energy stocks, in what would be the first case of a product dissolution by a mutual fund this year.

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