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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...

  • ATHENS, March 27- Ratings agency Fitch on Friday cut Greece's credit rating to' CCC' from' B' saying lack of market access, tight liquidity and uncertainty over the timely release of aid from its official creditors are exerting pressure on government funding. Fitch, Standard& Poor's and Moody's had all lifted Greece's rating last year as the economy showed...

  • 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...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan to the United Nations ahead of a climate summit in Paris in December. After 2026, Mexico greenhouse gas emissions would become decoupled from economic growth, leading to a 40 percent...

  • WASHINGTON, March 27- Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the United Nations ahead of a key climate summit in Paris in December. The White House praised Mexico for being the first major emerging economy to submit its national strategy to the...

  • *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...

  • KIEV, Ukraine— Russia plans to eliminate Ukraine as an independent state and could spark a new offensive in the east to achieve that aim, Ukraine's prime minister told The Associated Press on Friday. Ukraine and the West accuse Russia of being directly involved in the separatist conflict in eastern Ukraine which has left over 6,000 dead in the last year.

  • 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...

  • Business events scheduled for the coming month Friday, 27 Mar 2015 | 1:21 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for March, 10 a.m.; Commerce Department releases construction spending for February, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Commerce Department releases international trade data for February, 8:30 a.m.; Commerce Department releases...

  • Did Cameron clinch the first UK election debate? Friday, 27 Mar 2015 | 12:48 PM ET
    British Prime Minister David Cameron waves during the filming of 'Cameron & Miliband ; The Battle For Number 10'

    Prime Minister David Cameron won the first TV encounter of a close national election in Britain, an opinion poll showed.

  • Europe closes mixed after selloff; Novo Nordisk surges Friday, 27 Mar 2015 | 12:30 PM ET

    European equities closed mixed on Friday, but lower on the week, as investors mulled the growing conflict in Yemen.

  • Germanwings crash prompts aviation overhaul Friday, 27 Mar 2015 | 12:28 PM ET

    The Germanwings air tragedy in France this week could push the European Aviation Safety Agency (EASA) to aannounce new safety recommendations.

  • ATHENS, March 27- Greece has sent its creditors a long-awaited list of reforms with a pledge to produce a small budget surplus this year in the hope that it will unlock badly needed cash, Greek government officials said on Friday. Their approval, followed by the blessing of euro zone finance ministers, will be needed for Athens to unfreeze further aid and stave off...

  • *Says demand for Caribbean cruises strong. March 27- Carnival Corp reported a better-than-expected quarterly profit, helped by higher onboard spending and lower fuel prices, and the company said bookings for Caribbean cruises, its biggest business, were strong for the rest of the year. The operator of Carnival, Holland America and Costa cruise lines faced...

  • *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...

  • *Greece could issue IOUs if no deal with creditors- sources. *Greece won't discuss parallel currency, says expects deal. BRUSSELS, March 27- Greece is unlikely to exit the euro, either intentionally or accidentally.

  • BUCHAREST, Romania— Romanian prosecutors investigating an alleged bribery scheme have questioned the former finance minister about the origins of 100 paintings, including three works by Pablo Picasso. Among the paintings are works by Romanian painters Corneliu Baba and Nicolae Grigorescu as well as sketches by Picasso and works by Renoir and Andy Warhol.

  • 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...