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  • DIARY- Top Economic Events to April 15 Tuesday, 31 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve Bank of San Francisco President John Williams moderates "Policy Session 3: Financial Stability: How Essential Should Financial Stability Be to Central Banks?" before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 1230 GMT. STONE MOUNTAIN, United States- Federal Reserve Bank of...

  • *Oil down for 3rd day on Iran nuclear talks. NEW YORK, March 31- Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market. In Tuesday's session, prices ended off the day's lows as the United...

  • *Oil down for 3rd day on Iran nuclear talks. NEW YORK, March 31- Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market. In Tuesday's session, prices ended off the day's lows as the United...

  • March 31- Wildly unpredictable and potentially having a huge impact on future growth, Britain's upcoming general election is the kind of event financial markets should hate. Prime Minister David Cameron met the Queen on Monday to tell her Parliament was dissolved, setting the clock for a May 7 election. In short, it is very difficult right now to know the future...

  • "It's not the result that we wanted but it's a good day for Nigeria if we show the world we can run a credible election," said a minister in Jonathan's government, who did not wish to be named because others in the PDP were angry about the result. Now Africa's biggest economy, Nigeria has nevertheless been held back by the legacy of three decades of army misrule: a mix of...

  • Greece worries drive euro down 1 pct on day. The euro has faced added selling pressure as Greece and its lenders have failed to strike a deal on reforms. "If we're looking at what's the next trigger point for another move lower for the euro, I think it will be Greece," said Ian Stannard, head of European FX strategy at Morgan Stanley in London.

  • *France, Germany want deal where Iran cannot make nuclear weapons. Six world powers, consisting of the United States, Britain, France, Germany, Russia and China, ramped up negotiations with Iran in Switzerland for outline deal on Tehran's nuclear program that would be integral to removing sanctions on its oil exports. But with hours to go to the midnight deadline in...

  • NEW YORK, March 31- U.S. stocks retreated on Tuesday from the previous session's rally, though major indexes were headed for a positive first quarter, while the euro was on track for its biggest quarterly fall as worries about Greece kept the currency under pressure. The European Central Bank's one-trillion-euro economic stimulus program, launched this month,...

  • *Blue-chip Euro STOXX 50 set to rise 5 pct by end-2015. The euro zone's blue-chip Euro STOXX 50 index, home of bellwethers such as Anheuser-Busch InBev, the world's largest brewer, and LVMH, the world's No.1 luxury goods maker, is expected to rise nearly 5 percent by the end of 2015, reaching 3,900 points. "For the euro zone, which is the biggest exporting region in the...

  • By Rahul Karunakar and Hari Kishan. March 31- Uncertainty surrounding the timing of the U.S. Chinese and most European stocks have led the way with a stellar run, buoyed by stimulus from the People's Bank of China and the European Central Bank.

  • LONDON, March 31- European Union lawmakers have given their initial backing to a draft EU law making it harder to rig market benchmarks, while adding changes to help quell U.S. concerns about the rules. The CFTC worried EU investors would be unable to hedge using thousands of products traded on U.S. futures exchanges because the United States has no plans to...

  • UK's FTSE ends strong first quarter with sharp drop Tuesday, 31 Mar 2015 | 9:36 AM ET

    *FTSE 100 down 1.7 pct. The FTSE was down 115.11 points, or 1.7 percent, at 6,776.32 points at 1318 GMT but remained up 3.2 percent this year, heading for its biggest quarterly gain since the end of 2013.. Consumer staple stocks trimmed nearly 24 points off the blue-chip FTSE 100, weighed down by a 3.7 percent drop in Imperial Tobacco and a 2.8 percent fall in British...

  • TowerBrook to buy women's clothing brand J.Jill Tuesday, 31 Mar 2015 | 9:18 AM ET

    It is being acquired by TowerBrook Capital Partners L.P. which is buying it from the investment firm Arcapita and private equity firm Golden Gate Capital. TowerBrook, which has offices in New York and London, has diverse investments, including the St. Louise Blues ice hockey team and aircraft interior designer AIM Aviation.

  • LONDON, March 31- Littlebrook power station, which towers grimly over the lower Thames near Dartford in Kent, ceases operations today after almost 35 years, the last of Britain's big oil-fired power plants to close. Now its closure marks the impact of higher oil prices and EU-wide policies, agreed by Britain's major political parties, to move away from fossil...

  • *Greece worries drive euro down 1 pct on day. On Tuesday, though, investors focused on worries over whether Greece can secure financial aid before it runs out of cash in three weeks, pushing the euro down as much as 1 percent to $1.0713. Greece and its lenders had failed to reach an initial deal on reforms, officials told Reuters earlier on Tuesday.

  • *FTSE 100 down 0.9 pct. Consumer staple stocks trimmed nearly 16 points off the blue-chip FTSE 100, weighed down by a 2.4 percent fall in British American Tobacco and a 2.6 percent drop in Imperial Tobacco. Imperial Tobacco hit record highs earlier this month and is up 13 percent since the deal was announced.

  • LONDON— Britain's national statistics agency says the economy grew faster than previously thought last year. The figures confirm that Britain's economy is one of the fastest-growing among developed nations. Ben Brettell, senior economist at Hargreaves Lansdown, says this is "the latest in a long list of good news stories about the U.K. economy, which is sure to...

  • *Iran negotiations in Lausanne enter last 24 hours. LONDON, March 31- Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets. With a self-imposed deadline set for the end of the day, the United States, Britain,...

  • LONDON— The 19- country eurozone isn't going to be the driving force of the global economy anytime soon, but it's increasingly evident that its numbers are heading the right way. Eurozone inflation rates have been negative since last December, a headache that prompted the European Central Bank earlier this year to launch a 1.1 trillion-euro government...

  • The stock market closed out the first three months of the year Tuesday on a down note, erasing much of the gains from the prior day's big rally. The Dow Jones industrial average slumped 200 points, knocking the blue chip index slightly lower for the year. The Standard& Poor's 500 index ended the quarter with a meager gain of half a percent.