The euro zone's new chief banking regulator has warned that some of the region's lenders have no future and should be allowed to die, the FT reports.» Read More
MALABO, March 10- On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.
March 10- German health regulators have granted Northwest Biotherapeutics Inc special permission to sell its experimental brain cancer drug, DCVax-L, in the country, even though the small U.S. biotechnology company has not yet completed its late-stage trial of the immunotherapy.
SOFIA, March 10- Bulgaria hasn't stopped preliminary work on the Russian-led South Stream gas pipeline project, its prime minister said on Monday, but Sofia was "closely monitoring" relations between Brussels and Moscow over the turmoil in Ukraine.
"Europe is about three years behind the United States. The recovery both in the macroeconomy and stock prices is lagging, that's why U.S. investors are coming in now, "said Joseph Oughourlian, CEO of London- based hedge fund Amber Capital.
*CAC 40 to outperform DAX- Societe Generale's Kaloyan. PARIS, March 10- European shares rebounded on Monday after last week's sharp losses, led by a strong rally in French telecom shares following a deal between Bouygues and Iliad.
*Copper, oil hit by China, stronger US jobs knocks gold. LONDON, March 10- World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
SOFIA, March 10- Bulgaria hasn't stopped preliminary work on the Russian-led South Stream gas pipeline project, its prime minister said on Monday, but added Sofia was "closely monitoring" relations between Brussels and Moscow over the turmoil in Ukraine.
SINGAPORE, March 10- Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.
*Malaysia Airlines says "fearing the worst". KUALA LUMPUR/ PHU QUOC ISLAND, Vietnam, March 9- M alaysia Airlines said it was "fearing the worst" on Sunday for a plane carrying 239 people that went missing more than 24 hours ago, as the government said it was investigating four passengers who may have held false identity documents.
March 9- The sudden disappearance of a Malaysia Airlines jetliner with 239 people aboard represents one of the rarest kinds of aviation disaster, and the mystery is compounded by uncertainty about which country's jurisdiction the plane came down in.
*Malaysia Airlines flight loses contact hour after takeoff. KUALA LUMPUR/ HO CHI MINH CITY, March 9- A Malaysia Airlines flight carrying 227 passengers and 12 crew was presumed to have crashed off the Vietnamese coast on Saturday, and European officials said two people on board were using false identities.
*Malaysia Airlines flight loses contact about one hour after takeoff. *Kuala Lumpur- Beijing flight carrying 227 passengers and 12 crew. "We are not ruling out any possibilities," Malaysia Airlines CEO Ahmad Jauhari Yahya told a news conference.
PARIS- Federal Reserve Bank of Philadelphia President Charles Plosser participates in the Global Interdependence Center "Monetary Policy& Banks and the Rise of Global Protectionism" conference in Paris, France- 0945 GMT.
ATHENS, March 7- Greece and its international lenders will miss a self-imposed March 10 deadline to clinch a deal that will release the next tranche of the country's rescue loans, three senior Greek government sources said late on Friday.
*Soybeans rally as export demand tightens supplies. *Wheat to 3- month high on short covering, Ukraine jitters. Wheat futures hit a three-month top on follow-through technical buying after strong gains this week and jitters about political instability in Ukraine, a major corn and wheat exporter.
NEW YORK, March 7- Ecuadorean villagers who are trying to get billions of dollars from Chevron Corp for pollution in the Amazon jungle are ready to refocus their fight on pending suits in other countries after a setback in the United States.
TOKYO _ GDP revision, Bank of Japan policy meeting begins. WASHINGTON _ Commerce Department releases wholesale trade inventories for January, 10 a.m. Eastern; Labor Department releases job openings and labor turnover survey for January, 10 a.m..
LONDON, March 7- Women in the world of finance must not be scared to look further afield if opportunities at their current employer dry up. "I became very frustrated, so I left," says Javary, who 20 years later now advises BNP Paribas' most senior clients and coordinates the bank's corporate finance team in Europe, Middle East and Africa.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged above $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil was steady around $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.