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  • The knowledge gained so far is of little comfort to family and friends of the 239 people still missing from the plane, which vanished last March 8 during a flight from Kuala Lumpur, Malaysia, to Beijing. In the Indian Ocean west of Australia, where experts believe the plane crashed, scientists have been mapping the sea floor to aid in the search for wreckage.

  • SYDNEY/ WELLINGTON, Feb 24- New Zealand- based Martin Aircraft Ltd soared as much as 63 percent in its Australian share market debut on Tuesday, after the jetpack maker raised A $27 million to help bring its personalised aircraft to market. Martin, which struck a financing deal with China's KuangChi Science Ltd worth A $50 million over the next two years, hopes to...

  • Burberry hosts starry show at London Fashion Week Monday, 23 Feb 2015 | 8:03 AM ET

    LONDON— London Fashion Week rolled out the big guns Monday, with British design powerhouse Burberry hosting the glitziest catwalk show of the season. Hunter, the maker of the classic Wellington boots, evoked wild Scottish countryside with indoor waterfalls, while Christopher Kane seduced with clothes featuring nude life drawings. The fashion industry is...

  • Sahara's head of corporate finance, Sandeep Wadhwa, said Sahara's lawyers had verified with Bank of America that Sharma has deposited just over $1 billion in an account at the bank that is "earmarked for the said transaction." After Reuters asked the bank to look into the account, spokeswoman Jumana Bauwens issued a statement saying: " Bank of America isn't...

  • DIARY- Top Economic Events to Feb 17 Tuesday, 3 Feb 2015 | 7:01 PM ET

    CALIFORNIA- Andrew Gracie, Bank of England's executive director for resolution, speaks at the FIA-SIFMA asset management derivatives forum- 1200 GMT. COLUMBUS- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the economy before the Ohio Bankers League annual economic summit- 1745 GMT. LONDON- Bank of England holds monetary policy...

  • DIARY- Top Economic Events to Feb 13 Monday, 2 Feb 2015 | 7:01 PM ET

    NEWARK, United States- Federal Reserve Bank of St. Louis President James Bullard speaks on "U.S. and International Economies and Monetary Policy" before the 10th Annual Delaware Economic Forecast hosted by the University of Delaware- 1500 GMT. Treasury Secretary Jack Lew testifies before the House Ways and Means Committee on the President's Budget Proposal...

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11- year low coming after elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • FOREX-Euro ricochets off lows following Greek vote Monday, 26 Jan 2015 | 11:57 AM ET

    NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses from two days of dramatic selling, with the final push down to a fresh 11- year low coming after the results of elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • *Euro hits 11- year low in knee-jerk reaction to Greece vote. *Investors see limited fallout from Greece in longer term. TOKYO, Jan 26- The euro skidded to an 11- year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with...

  • *Greece vote results stokes fresh concerns of instability in Europe. TOKYO, Jan 26- The euro skidded to near an 11- year low and U.S. stock futures fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders. Syriza leader Alexis...

  • *Milk formula maker Yashili issues profit warning. HONG KONG/ SHANGHAI, Jan 14- Chinese milk powder maker Yashili International Holdings Ltd said on Wednesday it expects its 2014 net profit to fall about 40 percent, hit by slowing demand for baby formula and higher marketing and compliance costs. The profit warning by Yashili, owned by China Mengniu Dairy Co Ltd...

  • *Milk formula maker Yashili issues profit warning. HONG KONG/ SHANGHAI, Jan 14- Chinese milk powder maker Yashili International Holdings Ltd said on Wednesday it expects its 2014 net profit to fall about 40 percent, hit by slowing demand for baby formula and higher marketing and compliance costs. The profit warning by Yashili, owned by China Mengniu Dairy Co Ltd...

  • Lower oil isn’t giving Asia markets wings Sunday, 11 Jan 2015 | 10:17 PM ET
    A station attendant refuels a moped at a fuel station on April 30, 2013 in Yogyakarta, Indonesia.

    Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.

  • New Zealand looks beyond last Hobbit Friday, 2 Jan 2015 | 1:23 AM ET

    "Tolkien-mania" tourism is boosting New Zealand's economy and helping to offset a price slump of its biggest export, milk. The Financial Times reports.

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices added to global growth concerns, while the dollar saw a bit of a respite against the yen and euro after successive sharp losses. Spreadbetters expected the bearish tone for equities to continue into Europe, forecasting Britain's FTSE to fall by as much as 0.3 percent at the open, and Germany's DAX and...

  • SINGAPORE/ SYDNEY, Dec 11- The dollar inched higher versus the yen on Thursday, getting some respite after falling roughly 3 percent in the past three days as the market unwound stretched positions ahead of the year-end. It touched a two-week low near 117.45 yen earlier on Thursday but later stabilised and last traded at 118.09 yen, up 0.2 percent on the day.

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices continued to feed into global growth concerns, while the dollar struggled against peers such as the yen and euro after a further drop in U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent as another large decline in oil prices took a heavy toll on energy...

  • DIARY- Top Economic Events to Dec 24 Wednesday, 10 Dec 2014 | 7:01 PM ET

    LONDON- Bank of England Governor Mark Carney and Deputy Governor Ben Broadbent will hold a press conference along with Former Federal Reserve Board Governor Kevin Warsh- 1000 GMT. NEW YORK- Bank of Canada Governor Stephen Poloz speaks before the Economic Club of New York- 1245 GMT. HELSINKI- Bank of Finland Governor and ECB council member Erkki Liikanen to hold a...

  • WELLINGTON, Dec 9- Farmers in New Zealand, the world's largest dairy exporter, are reining in milk production as a flood of supply from Europe and the United States pummels prices, a sign the "white gold" rush that has fuelled the New Zealand economy for years is over. Last season's record-high prices have fallen well out of reach as the supply glut and a slowdown in...