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  • FOREX-Dollar slumps to 3-week low as traders await Fed Tuesday, 28 Apr 2015 | 7:45 AM ET

    LONDON, April 28- The dollar hit a three-week low on Tuesday as investors eyed a U.S. U.S. housing index data and consumer confidence numbers, due at 1300 GMT and 1400 GMT respectively, should provide the greenback with some near-term direction, analysts said, though the main focus will be on the Fed's statement at the end of its policy meeting on Wednesday.

  • LONDON, April 28- Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker dollar helped to put a floor under prices. Brent June crude futures had slipped 8 cents to $64.75 a barrel by 1058 GMT, after touching a low of $63.90 earlier in the session. June crude fell 26 cents to $56.73 a barrel,...

  • LONDON, April 28- West Africa's regional stock exchange, BRVM, will see two more companies list their shares in 2015 and aims to double its market capitalisation over the next five years, its chief executive officer said on Tuesday. One of the listings will be Bank of Africa Mali, the other one is a private equity exit from a utility firm in Ivory Coast, he added,...

  • *UPM-Kymmene, Commerzbank and Geberit among top fallers. LONDON, April 28- European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after results while a new share issue hit Commerzbank. UPM-Kymmene also slumped 8.5 percent, the worst performer on the pan-European FTSEurofirst 300...

  • LONDON, April 28- Asia- focused bank Standard Chartered said the location of its headquarters was under constant review and a sharp increase in a tax on banks in Britain meant it was watching the situation closely. "At the moment it's something we're watching, we're looking at, we're thinking about, but at this point in time there's no change in our position," Andy...

  • LONDON, April 28- Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a rally that saw Brent crude futures touch a 4 1/ 2 month high on Friday. Brent June crude futures fell 43 cents to $64.40 a barrel by 0920 GMT. June crude fell 40 cents to $56.59 a barrel.

  • *UK economic growth slowest in over 2 years. By William Schomberg and David Milliken. LONDON, April 28- Britain's economy slowed more sharply than expected in the first three months of 2015, a setback for Prime Minister David Cameron who has staked his campaign for re-election next week on the strength of the recovery.

  • British economy slows ahead of general election Tuesday, 28 Apr 2015 | 5:07 AM ET

    LONDON— Britain's economic growth has slowed to a quarterly rate of 0.3 percent in the January-March period, a drop that will be seen as setback to the Conservative-led coalition only days before a general election. The Office of National Statistics says the quarter-on-quarter growth rate was half of the 0.6 percent seen in the last quarter of 2014. The data...

  • European bourses and the euro also dipped in early trading after both had been boosted on Monday by a revamp of Greece's negotiating team, while the pound tumbled on weak UK growth figures just ahead of next week's tightly contested national election. The figures were seen as loaded with significance coming just nine days before an election and its aftermath,...

  • LONDON, April 28- The boss of Costa Coffee and Premier Inn hotels operator Whitbread on Tuesday announced plans to leave by February next year, as the company posted another surge in profits and stepped up its expansion targets. Whitbread's stock market value has grown from 2.5 billion pounds to almost 10 billion pounds since Andy Harrison joined from easyJet...

  • LONDON, April 28- The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and as the dollar remained weak ahead of a U.S. The euro rose late on Monday on news that Greek Prime Minister Alexis Tsipras had reshuffled his team handling talks with European and IMF lenders.

  • Lower oil prices take a slice out of BP's Q1 profits Tuesday, 28 Apr 2015 | 3:10 AM ET

    The London- based company said net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. Underlying replacement cost profit— a measure that strips out fluctuations in the value of reserves— was $2.6 billion compared with $3.2 billion for the same period in 2014.. All of the major oil companies will be taking a hit, said...

  • Greek shares outperform amid bailout deal hopes Tuesday, 28 Apr 2015 | 2:48 AM ET

    LONDON— Greek shares outperformed their European counterparts Tuesday amid mounting hopes of a breakthrough in the country's tortuous discussions with creditors. KEEPING SCORE: In Europe, Britain's FTSE 100 dropped 1.1 percent to 7,026 while Germany's DAX declined 1.4 percent to 11,867. France's CAC 40 sank 1.8 percent to 5,176. Greek shares were faring...

  • SINGAPORE, April 28- Gold clung to sharp overnight gains on Tuesday, bolstered by a weaker dollar and short-covering on rising expectations the Federal Reserve will not hint at a June rate hike at its policy meeting this week. *Spot gold had eased slightly to $1,199.60 an ounce by 0040 GMT, after jumping nearly 2 percent in the previous session.

  • *Saudi Arabia tells China ready to supply more oil if needed. NEW YORK, April 27- Crude settled lower on Monday as ample global supply blunted support from the conflict in Yemen and the falling number of U.S. rigs drilling for oil and kept traders cautious after prices reached 2015 peaks last week. "While the situation in Yemen and the falling U.S. rig count have...

  • CHICAGO, April 27- U.S. corn and wheat futures fell on Monday to their lowest levels since October, on outlooks for speedy corn plantings in the Midwest and crop-friendly rains in the southern Plains wheat belt. "We could have two solid weeks of planting, with some scattered showers in between, which would be pretty much ideal," said Jefferies Bache grains analyst...

  • NEW YORK, April 27- The euro scaled a three-weak peak against the dollar on Monday, on optimism about Greece's prospects after the government reshuffled its bailout negotiating team as the cash-strapped country seeks to avoid a default. Greece looks set to run out of funds in the coming weeks. "There was probably a view that Varoufakis was an obstacle to...

  • REUTERS BUSINESS NEW SCHEDULE AT 1830 GMT/2:30 PM ET Monday, 27 Apr 2015 | 2:38 PM ET

    Apple Inc is expected to report a 20 percent increase in quarterly profit and that iPhone sales in China surpassed those in the United States for the first time., expect by 1930 GMT/ 4:30 PM ET, by Bill Rigby, 200 words). -BARRICK GOLD-RESULTS/, expect by expect by 1930 GMT/ 4:30 PM ET, 200 words). U.S. stocks move lower as healthcare stocks led by Amgen drag on the three major...

  • DIARY- Emerging Markets Economic Events to May 11 Monday, 27 Apr 2015 | 2:32 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • *Euro gains on Greece optimism. NEW YORK, April 27- Wall Street fell modestly on Monday following healthcare stocks, but European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team. Concerns over Greece have mounted since the country looks set to run out of cash in coming weeks.