CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a concern about iron ore prices in China and French telecoms continue to surge.» Read More
KUALA LUMPUR, March 11- Malaysia's military believes it tracked a missing jetliner by radar over the Strait of Malacca, far from where it last made contact with civilian air traffic control off the country's east coast, a military source told Reuters. It made it into the Malacca Strait, "the military official, who has been briefed on investigations, told Reuters.
*Spain's de Guindos hints at extra round of talks. BRUSSELS, March 11- European ministers haggled over how to build a safety net for failing banks on Tuesday, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform. "This is important for the signal it sends to markets," said Spain's Economy Minister Luis de Guindos.
KUALA LUMPUR, March 11- Malaysia is investigating whether any passengers or crew aboard a missing airliner had personal or psychological problems that might explain its disappearance, along with the possibility of a hijack, sabotage or mechanical failure, police said on Tuesday.
LONDON- Bank of England Governor Mark Carney and Executive Director for Markets Paul Fisher will speak on the Inflation Report at Treasury Select Committee- 0930 GMT. Assistant Secretary for Tax Policy Mark Mazur will deliver remarks at the 2014 National Congress of American Indians Executive Council Winter Session.
March 10- Germany has granted Northwest Biotherapeutics Inc special permission to sell its experimental brain cancer drug in the country, the company said, and its stock jumped as much as 36 percent.
FRANKFURT/ BRUSSELS, March 10- Political talks between EU officials and Russia on its South Stream gas pipeline to bypass Ukraine are on hold, while Gazprom's access to another vital link has stalled for technical reasons, the European Commission said on Monday.
*BASF's Wintershall, Mikhail Fridman, MOL still in the race- sources. With operations in 14 countries including Germany, Britain, Norway and Egypt, DEA employs nearly 1,400 and accounted for about 9 percent of RWE's operating profit last year.
March 10- German health regulators have granted Northwest Biotherapeutics Inc special permission to sell its experimental brain cancer drug, DCVax-L, in the country, even though the small U.S. biotechnology company has not yet completed its late-stage trial of the immunotherapy.
PARIS- Federal Reserve Bank of Philadelphia President Charles Plosser participates in the Global Interdependence Center "Monetary Policy& Banks and the Rise of Global Protectionism" conference in Paris, France- 0945 GMT.
TOKYO _ GDP revision, Bank of Japan policy meeting begins. WASHINGTON _ Commerce Department releases wholesale trade inventories for January, 10 a.m. Eastern; Labor Department releases job openings and labor turnover survey for January, 10 a.m..
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged above $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil was steady around $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil held around $108 a barrel on Friday as investors balanced supply concerns arising from the Ukraine crisis with seasonally slowing crude demand and forecasts for only modest U.S. jobs growth in February.
BERLIN, March 7- After one of her first encounters with Vladimir Putin in 2002, Angela Merkel joked to aides that she had passed the "KGB test" by staring straight into his eyes without averting her gaze.
HOUSTON, United States- Former Federal Reserve chairman Ben Bernanke speaks before the HIS CERAWeek 2014 conference in Houston, Texas- 1730 GMT. NEW YORK- Federal Reserve Bank of New York President William Dudley speaks on the economy and local conditions before community and business leaders- 1700 GMT.
Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.
*Diplomatic talks on Ukraine also weigh on Bunds. LONDON, March 6- German government bond yields rose and the euro hit a 10- week high against the dollar on Thursday after the European Central Bank took no fresh steps to ease monetary policy in the face of persistently low inflation.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including ECB's Draghi's upbeat comments.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
*Continental to pay higher 2013 dividend of 2.50 euros. FRANKFURT, March 6- German auto parts and tyre maker Continental is considering further acquisitions, weeks after announcing the purchase of U.S. rubber firm Veyance Technologies for 1.4 billion euros.