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  • 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...

  • NEW YORK, March 27- Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies. The major U.S. stock indexes snapped a four-day losing streak after the Wall Street Journal reported chipmaker Intel Corp is in talks to buy rival...

  • *Traders weigh possibility of Iran nuclear deal by next week. Tehran eager to recover oil market share lost due to sanctions. NEW YORK, March 27- Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear...

  • *Tehran eager to recover lost market share in oil from sanctions. NEW YORK, March 27- Oil fell on Friday as fears about the disruption of Middle East crude shipments from Yemen's conflict eased, and focus turned to the likelihood of an Iranian nuclear deal by next week that could put more supply on the market. Benchmark Brent oil and U.S. crude were down more than 2...

  • AMSTERDAM, March 27- The Amsterdam region suffered a power blackout of more than five hours on Friday that hit a million households, forced flights to divert from Schiphol airport and disrupted national public transport networks. After more than two hours without power, lights switched back on in the Amsterdam financial district and gradually returned to...

  • *Crude dips as market reassesses Yemen conflict impact. Trading in many markets was choppy, with oil dropping back after Thursday's spike on Saudi-led air attacks in Yemen and investors awaiting a speech on monetary policy later on Friday by Federal Reserve Chair Janet Yellen. "Yellen will be the big news of the day, certainly, so I don't expect a lot of movement...

  • NEW YORK, March 27- The dollar posted minor gains against the euro on Friday while slipping slightly against the yen and the Swiss franc as bullish bets on the dollar lost some steam ahead of comments from Federal Reserve Chair Janet Yellen. Yellen will speak on monetary policy in San Francisco at 3:45 p.m. EST and traders will keep an ear out for clues on when the...

  • NEW YORK— A tough week on the stock market ended quietly Friday. Major indexes notched modest gains, not nearly enough to make up for the four previous days of losses. It wound up being the second-worst week for the market so far this year.

  • Brazil's economy barely avoided recession last year Friday, 27 Mar 2015 | 9:56 AM ET

    RIO DE JANEIRO— Brazil's economy grew just 0.1 percent last year, barely keeping the country out of a recession, the government's statistics bureau said Friday. It was the worst result since 2009 and bad news for President Dilma Rousseff, whose popularity has plummeted along with Brazil's economic performance. IBGE said Brazil's 2014 GDP totaled 5.52 trillion...

  • UPDATE 1-Suicidal pilots hard to spot, say experts Friday, 27 Mar 2015 | 9:27 AM ET

    SINGAPORE/ SYDNEY, March 27- As investigators try to find out why a young German pilot deliberately crashed a passenger jet into the French Alps on Tuesday, pilots and psychologists warn it may be impossible to prevent similar incidents in the future. The International Civil Aviation Organization, which sets global aviation standards, recommends that someone...

  • LONDON, March 27- More losses could follow the dollar's recent 5- cent slide versus the euro, Citigroup global chief economist Willem Buiter said on Friday, another major voice to question forecasts the greenback will march relentlessly higher. The official forecast from the currency strategy team at Citi, the foreign exchange market's single biggest player,...

  • *Shanghai rebar also hits record low, but cuts losses. SINGAPORE, March 27- Spot iron ore prices hit new record lows on Friday while futures in China and Singapore slid as much as 4 percent before paring losses, on worries that global producers would continue to lift output in a well supplied market. Iron ore prices on China's Dalian Commodity Exchange hit the daily...

  • LONDON, March 27- The dollar rose across the board on Friday, extending a rebound begun the previous day after Federal Reserve officials signalled they were still on track to raise interest rates this year. Traders are now awaiting a speech by Fed Chair Janet Yellen at 1945 GMT to see whether she strikes a similarly hawkish tone to that of her colleagues, as well as...

  • ATHENS, March 27- Greece's outspoken Finance Minister Yanis Varoufakis is not planning to resign, two Greek government officials said on Friday, denying a report in Germany's Bild newspaper. After a celebrity photo shoot with his wife for Paris Match magazine angered officials from the ruling Syriza party, Varoufakis has appeared on fewer television shows...

  • *Ukraine wants bondholders to accept debt writedown. *Entire IMF-led bailout for Ukraine at risk. Moscow bought the bonds from Kiev before a pro-Russian president was forced from power early last year, opening a rift which widened with the annexation of Crimea and a separatist rebellion in eastern Ukraine.

  • The potential deal, first reported by Women's Wear Daily, could value Net-a-Porter lower than the valuation of 2 billion euros reported by the fashion industry trade journal, Forbes reported on Thursday, citing the person. "It's Day 1 in the category," Amazon Chief Executive Jeff Bezos told the New York Times in an interview in 2012, saying the company was making a "...

  • *Crude dips as market reassesses conflict in Yemen. Asian shares dropped overnight but the pan-European FTSEurofirst tip-toed higher as a 0.2 percent fall for Britain's FTSE was offset by 0.6 and 0.1 percent gains on Germany's DAX and France's CAC 40.. "I'm not surprised that European shares are fading their gains," said Gavin Friend, a strategist at National...

  • *Yemen sits on Bab el- Mandeb Strait supply chokepoint. LONDON, March 27- Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia- led air strikes in Yemen. Oil jumped around 5 percent on Thursday, its biggest daily gain in a month, after air strikes in Yemen by Saudi Arabia and its Gulf...

  • LONDON, March 27- The dollar climbed broadly on Friday, extending a rebound begun the previous day after Federal Reserve officials signaled they were still on track to raise interest rates this year. "It's pretty clear that the market psychology is still to buy the dollar on dips, and hence we had this huge reversal in the dollar," said Alvin Tan, a currency strategist...

  • LONDON, March 27- The Bank of England is warning about potential irregularities in financial markets on a regular basis as it tries to address the problems that dragged it into recent market scandals, a senior BoE official said. Chris Salmon, executive director of markets at the BoE, also told Reuters that more rigid rules of engagement for the central bank's...