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  • DIARY-Top Economic Events to March 15 Monday, 2 Mar 2015 | 7:01 PM ET

    LONDON- Bank of England's Paul Fisher speaks at the Economist's Insurance Summit 2015- 0910 GMT. LONDON- Bank of England's Anthony Habgood and Governor Mark Carney appears before Treasury Select Committee- Grabiner Report- 1000 GMT. LAKE FOREST, United States- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and...

  • Dollar nudges 11-year high as euro gives up gains Monday, 2 Mar 2015 | 3:27 PM ET

    The dollar edged up with the greenback touching an 11-year peak despite soft economic data.

  • LONDON, March 1- The latest episode of Greece's debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe's main financial centre and a hotbed of Euroscepticism. To sceptics, the election of a radical leftist-led government in Athens committed to tearing up Greece's bailout looks like the start of an...

  • *Greece says can overcome immediate funding crunch. MADRID/ ATHENS, March 2- Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain's economy minister said on Monday, but EU officials said there were no such talks. Speaking at an event in Pamplona, northern Spain, Economy Minister Luis de Guindos said the new rescue...

  • LONDON, March 2- Copper rose to its highest level in seven weeks on Monday after China unexpectedly cut interest rates before retreating on worries about slowing Chinese growth. The rate cut is showing the readiness of the Chinese government to fight against the slowdown, "said Eugen Weinberg, head of commodity research at Commerzbank in Frankfurt.

  • *Tullow down on project delay and FTSE demotion worries. The Greek banking index fell nearly 10 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank fell 10.0 to 11.8 percent to feature among the top decliners. "The fears about a possible default for Greece are certainly not completely off the table," Gerhard Schwarz, head of equity strategy at...

  • Europe closes: ECB meeting Thursday  Monday, 2 Mar 2015 | 11:29 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including shares of oil companies moving lower, and the concern for Greece.

  • *Iran Foreign Minister: nuclear deal possible this week. *'Long way to go' to reach Iran nuclear deal- Kerry. LONDON, March 2- Brent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

  • LONDON, March 2- European shares retreated from multi-year highs on Monday, with Greek banks slipping on lingering concerns about the country's debt and Tullow Oil falling on worries about project delays and its likely ejection from a major share index. The Greek banking index fell 9.4 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank...

  • BERLIN— Chancellor Angela Merkel says she's hoping for a good future for Greece in the eurozone as Germany pushes Athens to comply fully with the terms of its financial bailout. Germany's Parliament signed off Friday on a four-month extension to Greece's bailout, an agreement under which the new Greek government committed to honoring its financial...

  • *Iran Foreign Minister: nuclear deal possible this week. *'Long Way To Go' to reach Iran nuclear deal- Kerry. LONDON, March 2- Brent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear programme could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

  • UPDATE 1-Bets on oil rally highest since July -ICE Monday, 2 Mar 2015 | 8:29 AM ET

    LONDON, March 2- Hedge funds and large speculators increased their bets on rising Brent crude oil prices last week to their highest for more than seven months, exchange data showed on Monday. Speculators increased their net long positions in Brent futures and options by 11,371 contracts to 182,783 in the week to Feb. 24, InterContinentalExchange data shows.

  • *Iran Foreign Minister: nuclear deal possible this week. LONDON, March 2- Brent crude oil fell almost 2 percent towards $61 a barrel on Monday after Iran said a deal on its nuclear programme could be agreed this week if the West lifted sanctions, which could boost the country's oil exports. Brent crude hit a low of $61.18 a barrel and was at $61.30 by 1220 GMT, down $1.28.

  • BERLIN— German energy company RWE says it has completed the 5.1 billion euro sale of its oil and gas exploration and production division to a Russian-linked investment company. RWE AG announced the planned sale of its Dea unit to LetterOne Group, an international investment arm of Russian billionaire Mikhail Fridman's Alfa Group, last March— just as tensions...

  • LONDON, March 2- Copper rose to its highest level in seven weeks on Monday after China unexpectedly cut interest rates but gains were capped on worries about slowing Chinese growth. The rate cut is showing the readiness of the Chinese government to fight against the slowdown, "said Eugen Weinberg, head of commodity research at Commerzbank in Frankfurt.

  • BRUSSELS, March 2- Euro zone consumer prices fell by less than expected in February while unemployment eased in January for the third month in a row, offering signs that the risks of economic stagnation and deflation in the bloc are falling. The European Union's statistics office Eurostat estimated on Monday that consumer prices in the 19 countries sharing the...

  • LONDON, March 2- Oil dropped more than 1 percent on Monday, with Brent slipping under $62 a barrel, depressed by a stronger dollar and a rise in Libyan crude output. Brent crude hit a low of $61.70 a barrel and was at $61.90 by 1100 GMT, down 68 cents. Disruption to oil supplies from members of the Organization of the Petroleum Exporting Countries has helped support...

  • *Athens may need to issue more T-bills for funding. FRANKFURT, March 2- European Central Bank policymakers decamp to Cyprus on Wednesday wrestling with the uncomfortable fact that they may hold the keys to Greece's continued membership of the euro. With no political appetite for a' transfer union' that could see wealthier countries subsidise Greece, the central...

  • LONDON— The 19- country eurozone got a double dose of mildly positive economic news Monday that will likely be met with relief by the European Central Bank's policymakers as they prepare to hold their next meeting on the Mediterranean island of Cyprus. Making sure falling prices don't become entrenched— causing long-term economic stagnation— is the primary...

  • Germany trusts Greece to fulfill bailout terms Sunday, 1 Mar 2015 | 10:51 AM ET

    BERLIN— Germany's finance minister said Sunday that he trusts Greece's current government to fulfill the conditions for the bailout deal, but also made clear the country would not receive any further money if it didn't. At the same time, Schaeuble warned that if Greece did not fulfill the demands laid out by the eurozone finance ministers in a four-month...