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  • *Statoil cutting less in capex than any other major. OSLO, April 23- Norway's Statoil is cutting investments less than any other oil major this year, positioning for a crude price recovery but taking a risk should the slump be protracted. We are either euphoric or depressed, " Statoil Chief Economist Eirik Waerness said.

  • DIARY- Top Economic Events to April 23 Monday, 13 Apr 2015 | 8:01 PM ET

    STOCKHOLM- Sweden's Riksbank Deputy Governor Cecilia Skingsley will participate in a seminar on pay formation that promotes the competitiveness of the manufacturing industry- 1135 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1800 GMT. WASHINGTON- Levy Economics Institute of Bard College holds 24th Annual Hyman P. Minsky...

  • *Marks& Spencer surges after posting a rise in sales. LONDON/ PARIS, April 2- European equity indexes closed broadly flat on Thursday as losses among metals and energy stocks offset sharp post-results gains in retailer Marks& Spencer. "There is likely to be some debate about how the... sales figure has been achieved in light of highly visible late-year promotional...

  • European shares tread water ahead of Easter break Thursday, 2 Apr 2015 | 10:05 AM ET

    LONDON 1/ 4 PARIS, April 2- European shares dipped on Thursday, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after its lenders said Athens needed to do more to unlock financial aid. European Union officials said more work was needed on new measures that Athens sent to its creditors on Wednesday.

  • LONDON 1/ 4 PARIS, April 2- European shares dipped on Thursday, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after its lenders said the country needed to do more to unlock financial aid. European Union officials said more work was needed on new measures that Athens sent to its creditors on Wednesday.

  • *Iran nuclear deal by Tuesday could bring more oil to market. NEW YORK, March 30- Oil prices fell for the second straight session on Monday as Iran and six world powers negotiated a deal for Tehran's nuclear program that could end Western sanctions, allowing the OPEC member to ship more crude into an already flooded market. "We're likely to stay jittery through the...

  • UPDATE 9-Oil eases as big powers negotiate with Iran Monday, 30 Mar 2015 | 9:57 AM ET

    *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices slipped on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an...

  • *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an extended...

  • *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an extended...

  • *Singapore generates 95 pct of power from natural gas. SINGAPORE, March 19- Singapore is taking steps to reduce its almost total reliance on fossil fuels in power generation by offering commercial customers the city-state's first dual solar and conventional electricity contract. The relatively high electricity price and falling solar costs have helped...

  • DIARY- Top Economic Events to March 31 Wednesday, 18 Mar 2015 | 8:01 PM ET

    LONDON- Bank of England Chief Economist Andy Haldane speaks at the BizClub lunch- 1350 GMT. STOCKHOLM- Sweden's Riksbank Deputy Governor Cecilia Skingsley will participate in an open hearing at the Riksdag Committee on Finance on the future development of cash handling- 0800 GMT. FRANKFURT- Germany's Bundesbank board member Carl-Ludwig Thiele to speak on "...

  • DIARY-Top Economic Events to March 30 Tuesday, 17 Mar 2015 | 8:01 PM ET

    LONDON- Bank of England to publish minutes of its March policy meeting- 0930 GMT. STOCKHOLM- Bank and Finans Outlook 2015. Sweden's Riksbank Governor Stefan Ingves and Sweden's Finance Minister Magdalena Andersson will attend. FRANKFURT- European Central Bank board member Benoit Coeure speaks at the ILF conference on "What is the Goal of the Capital Markets...

  • Rising U.S. crude oil stocks, an increase in Libyan oil production and the chance of an agreement between Iran and the West that could ease sanctions on the oil producer and boost its exports all pulled prices lower. "OPEC members are still staunchly producing... and demand from Europe and China are really struggling to pick up," said Kash Kamal, senior research...

  • SYDNEY, March 17- Pacific Islands devastated by Cyclone Pam at the weekend will be using the disaster to drive home the need for a globally funded insurance pool to aid in the recovery from such events when they attend climate-change talks in Paris later this year. Ian Fry, the chief climate-change negotiator for the tiny island nation of Tuvalu, said the...

  • DIARY-Top Economic Events to March 27 Friday, 13 Mar 2015 | 8:01 PM ET

    CERNOBBIO, Italy- European Central Bank board member Sabine Lautenschlaeger takes part in event on "The Outlook for Economy and Finance"- 0745 GMT. Speakers:- European Central Bank board members Sabine Lautenschlager and Peter Praet, Germany's Bundesbank board member Andreas Dombret and Germany's Bundesbank Deputy President Claudia Buch.

  • DIARY-Top Economic Events to March 20 Friday, 6 Mar 2015 | 7:01 PM ET

    WASHINGTON- Federal Reserve Bank of Cleveland President Loretta Mester speaks before the National Association for Business Economics annual Economic Policy Conference- 1825 GMT. TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed" before the Founding Director's Lecture Series at Rice University's...

  • SINGAPORE, March 4- As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate a restructuring of the shipping industry. The New York- based private equity firm had generated "great but not spectacular" gains in its investments in clean tankers, vessels that carry...

  • DIARY-Top Economic Events to March 9 Monday, 23 Feb 2015 | 7:01 PM ET

    FRANKFURT- European Central Bank President Mario Draghi gives a speech at an event to unveil the new 20 euro banknote- 1400 GMT. LONDON, United Kingdom- Bank of England monetary policy member Kristin Forbes speaks at the annual State of the Economy Conference on "Prospects for the UK Economy" organized by the Institute of Economic Affairs- 0910 GMT.

  • DIARY-Top Economic Events to March 5 Friday, 20 Feb 2015 | 7:01 PM ET

    TOKYO- Bank of Japan will release the minutes of January policy meeting- 2350 GMT. LONDON- ECB Board member Yves Mersch takes part in a panel discussion on "The Benefits to Achieving a Capital Markets Union" at Dialogue on creating an EU Capital Markets Union organised by the London School of Economics and Political Science and Goldman Sachs- 1345 GMT.

  • OSLO/ FRANKFURT, Feb 19- Norwegian fertiliser maker Yara and German chemicals firm BASF will spend $600 million building an ammonia plant in Texas, taking advantage of cheap shale gas to expand their presence in the United States, the companies said. Yara will own 68 percent of the project, to be built on BASF's industrial complex in Freeport, while the German firm...