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  • PARIS/ LONDON, March 31- European shares fell on Tuesday, taking a breather from their sharp rally of the past three months sparked by the drop in the euro, with Germany's DAX index set to record its biggest first-quarter gain since its creation in mid-1988. "Quantitative easing in Europe has been the surprising positive in the first quarter, thanks to its huge size...

  • BRUSSELS— Yvan Deknudt's dairy farm has been leaking money and he believes that things are set to get worse imminently. That's why he drove his tractor right into the big city on Tuesday, parked it outside the headquarters of the European Union and set fire to the flags of some of Europe's biggest food companies. The system is ending at a time when a soaring global...

  • GENEVA- SAUDI-LED COALITION MEMBERS BLOCKING PLANE CARRYING RED CROSS MEDICAL SUPPLIES FROM LANDING IN SANAA, YEMEN- ICRC SPOKESWOMAN.

  • BERLIN— A prominent opponent of Chancellor Angela Merkel's eurozone bailout policies has announced that he's stepping down as deputy leader of one of Germany's governing parties and giving up his parliamentary seat. Peter Gauweiler, who has repeatedly filed complaints to Germany's highest court against the bailout of Europe's strugglers, said Tuesday...

  • *Yoox makes all-share offer to buy Net-a-Porter. *Yoox share up 9 pct after 10 pct rise on Monday. PARIS/ MILAN, March 31- Italian online fashion retailer Yoox has agreed to buy Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market, with combined sales of 1.3 billion euros.

  • *Yoox makes all-share offer to buy Net-a-Porter. *Yoox share up 9 pct after 10 pct rise on Monday. PARIS/ MILAN, March 31- Italian online fashion retailer Yoox has bought Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market, with combined sales of 1.3 billion euros.

  • *Oil imports from Iran at 220,000 bpd in year to March 31. *U.S. pressured India not to raise annual Iran oil imports. NEW DELHI, March 31- India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to U.S. pressure to keep its shipments from Tehran within sanction limits during the last month of negotiations on a preliminary...

  • The airline said that as part of its internal research it found emails that Andreas Lubitz sent to the Lufthansa flight school in Bremen when he resumed his training there in 2009 after an interruption of several months. Authorities say the 27- year-old Lubitz, who in the past had been treated for suicidal tendencies, locked his captain out of the cockpit before...

  • PARIS, March 31- The Paris appeals court has delayed until the end of September a decision on whether to ban Uber's unlicensed taxi service, known as UberPOP, said a source familiar with the matter. The U.S. start-up raised constitutional issues that the court decided merited review by France's Constitutional Council, which has roughly three months to lay out its...

  • *A.P. MOLLER-MAERSK down 10 pct on dividend pay. LONDON, March 31- European shares extended gains on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher after announcing it planned to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home-improvement retailer were up nearly 5 percent...

  • THE HAGUE, Netherlands— Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion. Philips announced Tuesday it is selling an 80.1 percent stake and retaining the remaining interest in the business that makes...

  • WASHINGTON/ ZURICH, March 30- Swiss private bank BSI SA avoided prosecution for suspected tax-related offenses by paying a $211 million penalty, becoming the first bank to reach a deal in the U.S. Department of Justice's voluntary disclosure program, the department said on Monday. The agreement is expected to be the first of a flood of settlements by...

  • *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.

  • FRANKFURT, March 30- Germany's Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The initial estimate represents about 20 percent of the $1.5 billion in premiums in the global market for airline insurance.

  • LOS ANGELES— You can bring your beach towels and floral headbands, but forget that selfie stick if you're planning to go to the Coachella or Lollapalooza music festivals. Coachella dismissed them as "narsisstics" on a list of prohibited items. In Europe, the Palace of Versailles outside Paris, Britain's National Gallery in London and the Colosseum in Rome have all...

  • BRUSSELS, March 29- After decades of punching above its weight in Europe, Britain's influence in the European Union is waning, even before we know whether a promised referendum on "Brexit" will go ahead. But there is growing frustration in Brussels, Berlin and Paris at the lack of clarity over Prime Minister David Cameron's goals if he is re-elected on May 7 and seeks...

  • DUESSELDORF, Germany, March 30- The German pilot suspected of deliberately crashing a plane in the French Alps last week was treated for suicidal tendencies years ago before he received his pilot's license, German prosecutors said on Monday. Investigators believe Lubitz, serving as co-pilot on a Germanwings flight from Barcelona to Duesseldorf on March 24th,...

  • BERLIN, March 30- After an already troubled first year as CEO of Lufthansa, Carsten Spohr must now deal with the aftermath of the Germanwings disaster whilst making the airline group fit to compete for the future. Spohr, a qualified pilot, has been trying to follow the example of rival IAG, the parent company of British Airways, Iberia and Vueling, by cutting staff...

  • *Novartis commits $225 mln upfront to private biotech firm. *Novartis also picks top scientist to lead immuno-oncology. March 30- Swiss drugmaker Novartis is digging deeper into cancer immunotherapy, one of the hottest areas of drug research, through a tie-up with Aduro Biotech worth up to $750 million.

  • *Lubitz had treatment before getting pilot's licence- prosecutor. BERLIN, March 30- The Germanwings co-pilot suspected of deliberately crashing a plane in the French Alps last week had been treated in the past for suicidal tendencies, German state prosecutors said on Monday. "Several years ago before obtaining his pilot's licence the co-pilot was in a long...