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  • LONDON, March 26- From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. Investment in fintech firms in Britain and Ireland swelled to $623 million last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by...

  • DIARY- Top Economic Events to April 8 Wednesday, 25 Mar 2015 | 8:01 PM ET

    ROME- European Central Bank president Mario Draghi addresses the Italian parliament's finance and EU policy committees- 1200 GMT. LONDON- Bank of England to publish Financial Policy Committee statement- 0930 GMT. FRANKFURT- Federal Reserve Bank of St. Louis President James Bullard gives OMFIF Public Lecture on the economy and monetary policy- 0835 GMT.

  • MUTTAGI, India— Despite mounting protests, Japan continues to finance the building of coal-fired power plants with money earmarked for fighting climate change, with two new projects underway in India and Bangladesh, The Associated Press has found. Japanese officials now say they are also counting $630 million in loans for coal plants in Kudgi, India, and...

  • STOCKHOLM— Swedish budget fashion chain Hennes& Mauritz AB says its three-month earnings surged 35 percent to 3.6 billion kronor on strong sales as shoppers were attracted by new collections. H&M said it plans to complete a two-year plan to open 400 new stores by the end of this year and enter new online markets in Portugal, Poland, the Czech Republic, Romania,...

  • DIARY- Top Economic Events to April 3 Friday, 20 Mar 2015 | 8:01 PM ET

    MONDAY, MARCH 23 BRUSSELS- European Central Bank President Mario Draghi speaks at the quarterly hearing before the Committee on Economic and Monetary Affairs of the European Parliament- 1400 GMT. PODGORICA, Montenegro- European Central Bank policymaker Benoit Coeure speaks at an event to celebrate the conclusion of a cooperation program organized by the...

  • 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 "...

  • Sweden cuts key rate again to record minus 0.25 pct Wednesday, 18 Mar 2015 | 9:11 AM ET

    STOCKHOLM— Sweden's central bank has cut its key interest rate to a record low of minus 0.25 percent, saying the move was "to make monetary policy even more expansionary." The Riksbank on Wednesday lowered the repo rate by 0.15 percentage points, saying there are signs inflation "is beginning to rise, but the recent appreciation of the krona risks breaking this...

  • MOSCOW, March 18- Russian Energy Minister Alexander Novak plans to discuss energy cooperation with the CEO of U.S. oil and gas major ExxonMobil, Rex Tillerson, at their meeting later on Wednesday. Kommersant quoted a source as saying that ExxonMobil had threatened to lodge a claim with the Stockholm arbitration court unless Russia cut its taxes for the project...

  • MOSCOW, March 18- U.S. oil and gas major ExxonMobil has asked the Russian government to reimburse taxes worth "several billion roubles" it says it overpaid on a project in the far east of Russia, the Kommersant daily reported on Wednesday. Russia reduced the profit tax in 2009 to 20 percent but ExxonMobil continued to pay at the earlier level of 35 percent after the...

  • 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...

  • Ikea nixes massive hide and seek games at Dutch stores Tuesday, 17 Mar 2015 | 12:14 PM ET

    The phenomenon has taken off online in the Netherlands where a whopping 19,000 people signed up to a Facebook group promoting a game at Ikea's Amsterdam branch next month. "We have contacted these pages on social media and humbly asked them to have their hide and seek games somewhere else," Ikea spokeswoman Martina Smedberg in Sweden said Tuesday.

  • *Some politicians see Sweden as a "great moral power". STOCKHOLM, March 15- In a few months, Sweden's minority government has managed to antagonise both Israel and the Arab world, while also angering business leaders at home as Foreign Minister Margot Wallstrom steadfastly pursues human rights and feminism. After Sweden cancelled a defence cooperation accord...

  • 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 24 Tuesday, 10 Mar 2015 | 8:01 PM ET

    LONDON- Bank of England's Martin Weale speaks at the City and Islington Sixth Form College- 1500 GMT. LONDON- Bank of England's Martin Stewart speaks at the Mortgage Finance Gazette conference- 1625 GMT. FRANKFURT- European Central Bank President Mario Draghi gives keynote speech at opening of conference focused on the effectiveness of the central bank's...

  • 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...

  • Gas has become a double-edged sword in the dispute between Ukraine and Russia after Moscow's seizure of Crimea a year ago. Russia needs the European Union as its biggest market, while the EU relies on Russia for roughly a third of its gas, of which some 40 percent is shipped via Ukraine. But EU efforts to follow a winter gas deal with an agreement to guarantee Russia...

  • DIARY-Top Economic Events to March 18 Wednesday, 4 Mar 2015 | 7:01 PM ET

    TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed& Farewell, El Paso" before a community forum hosted by the Federal Reserve Bank of Dallas El Paso Branch- 0000 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at the Goldman Sachs 10th Annual Global Macroeconomics Conference- 0130...

  • 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.

  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • 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.