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  • BUSINESS NEWS SCHEDULE AT 1830 GMT/2:30 PM ET Tuesday, 31 Mar 2015 | 2:30 PM ET

    Editor: Steve Orlofsky 1 646 223 6214. NEW YORK- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market and home prices increased, hopeful signs that a recent sharp slowdown in economic activity will be temporary. NEW YORK- U.S. stocks decline in a retreat from the previous session's sharp rally, but major indexes remain on track...

  • STOCKHOLM, March 31- Shares in Aspiro soared by 1,000 percent on Tuesday as investors clamoured for a stake in the Swedish music streaming business bought by rapper Jay-Z this month- but face big losses as they will be forced to sell out to the U.S. star within days. Jay-Z bought more than 90 percent of Aspiro earlier this month in a $54 million deal.

  • STOCKHOLM, March 31- Shares in music streamer Aspiro, a majority of which was bought earlier this month by hip-hop star Jay-Z, soared on Tuesday to as much as 11 times the price at which remaining shares will be acquired in a compulsory squeeze-out only days away. Some of the world's biggest music stars, including Kanye West and Madonna, were in New York on Monday to...

  • STOCKHOLM/ TOKYO, March 31- Hedge fund Elliott Management has raised its stake in surveillance camera maker Axis AB, a disclosure notice showed, possibly putting pressure on Japan's Canon Inc to sweeten its 23.6 billion crown takeover bid. Canon, the world's leading camera maker, in February launched a friendly offer to buy Axis shares to expand in the...

  • *Greece lowers target for asset sales, proposes bad bank. ATHENS March 30- Prime Minister Alexis Tsipras on Monday appealed for an "honest compromise" with lenders but warned Greece would not agree to an "unconditional" one, after its biggest creditor demanded it do more to show commitment to reform. Athens could run out of cash by April 20, a source has previously said.

  • HELSINKI— Swedish ferry operator Stena Line says it has converted one of its ships to enable it to run on methanol, testing the potential of the environmentally friendly fuel for the shipping industry. The company said the Stena Germanica re-entered service on March 26 to operate between Kiel, Germany, and Goteborg, on Sweden's southwestern coast, after a...

  • DIARY- Top Economic Events to April 10 Friday, 27 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve vice chair Stanley Fischer speaks at dinner before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 2315 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, March 2015" before the Greater Richmond Chamber of...

  • STOCKHOLM— Lufthansa could face "unlimited" compensation claims for the crash that killed 150 people in the French alps and it would be difficult, even counterproductive, for the German carrier to try to avoid liability, experts said Friday. "So more or less you will have unlimited financial damage," said Marco Abate, a German aviation lawyer. To avoid liability, a...

  • DIARY- Top Economic Events to April 9 Thursday, 26 Mar 2015 | 8:02 PM ET

    SAN FRANCISCO, United States- Federal Reserve Chair Janet Yellen speaks on "Monetary Policy" before the Federal Reserve Bank of San Francisco Conference: The New Normal for Monetary Policy- 1945 GMT. PRISHTINA- European Central Bank's Deputy Director General International& European Relations, Gilles Noblet, speaks at an event to celebrate the conclusion of a...

  • 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 "...

  • 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...

  • *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.