PRESS DIGEST- New York Times business news - Feb 12

Thu Feb 12, 2015 12:35am EST
 
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Feb 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* Higher demand in Asia, difficult weather in the major cocoa-producing countries in West Africa and attacks of fungus are contributing to the price increases. (nyti.ms/1vm0Zbb)

* The Obama administration accused China of providing illegal export subsidies to critical industries, flexing its muscle on trade as it presses Congress to expand President Obama's authority to secure major trade accords. (nyti.ms/1uENt7G)

* Eurozone finance ministers failed to narrow their deep differences with Greece on Wednesday over how to keep the country from running out of money as it tries to revise the terms of its bailout. (nyti.ms/17jXixH)

* The White House passed a bill approving construction of the Keystone XL oil pipeline, setting up a confrontation with President Obama, who has vowed to veto the measure. (nyti.ms/1B0p8LD)   Continued...