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  • Volvo is in advanced talks with several U.S. states and will announce a location within weeks, Chief Executive Hakan Samuelsson said in embargoed comments made before the announcement. The plant will serve export markets as well as the United States, where Volvo is aiming for a return to annual sales of 100,000 vehicles. The choice of the United States over...

  • HONG KONG— Asian markets were mostly higher Monday as investors digested Fed chief Janet Yellen's comments signaling U.S. interest rates were expected to rise sometime this year but when they did they would do so gradually. KEEPING SCORE: Japan's benchmark Nikkei 225 index was up 0.5 percent to 19,378.52 while South Korea's Kospi gained 0.3 percent to...

  • *More than 160,000 jobs lost across 24 banks in two years- data. LONDON, March 30- Top European and U.S. banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation. "The screws will stay tight on headcount," said Aymen Saleh,...

  • FRANKFURT, March 30- Britain's Interoute, a high-capacity data network and corporate cloud services provider, is taking on new private equity investors to fund acquisitions across Europe and the United States, the company said on Monday. Aleph Capital Partners, a UK investment firm headed by former Goldman Sachs European private equity investment chief...

  • LONDON, March 30- Campaigning in Britain's closest national election in decades will start on Monday after Queen Elizabeth dissolves parliament at Prime Minister David Cameron's behest, teeing up an unusually fraught battle to govern the $2.8 trillion economy. Hours later, Cameron, who says he passionately wants another term in office "to finish the job", is...

  • LOS ANGELES, March 29- Jeffrey Katzenberg must be breathing a huge sigh of relief after the embattled DreamWorks Animation chief scored a much needed box office win with the release of "Home." The family film was the weekend's top ticket seller, pulling in a sterling $54 million, easily eclipsing projections that had it bowing to between $30 million and $35 million.

  • THE HAGUE, Netherlands— ABN Amro board members are giving up a 100,000- euro pay increase after the Dutch government delayed a decision on selling the nationalized bank amid public outrage at the raise. The directors said in a statement Sunday they made the decision "now that our remuneration is the subject of discussion and threatens to affect the future of ABN...

  • LOS ANGELES, March 29- Jeffrey Katzenberg must be breathing a huge sigh of relief after the embattled DreamWorks Animation chief scored a much needed box office win with the release of "Home." The family film was the weekend's top ticket seller, pulling in a sterling $54 million, easily eclipsing projections that had it bowing to between $30 million to $35 million.

  • Britain to offer all infants meningitis B vaccine Sunday, 29 Mar 2015 | 12:08 PM ET

    LONDON— Britain says it will become the first country to offer all babies a vaccine for potentially fatal meningitis B after it reached a price deal with GlaxoSmithKline PLC. The drug was owned by Novartis, which recently sold most of its vaccines business to GlaxoSmithKline. Health Secretary Jeremy Hunt said Sunday he was "very proud that we will be the first...

  • MONTABAUR, Germany— The pastor of the Lutheran church in Andreas Lubitz's hometown said Sunday that the community stands by him and his family, despite the fact that prosecutors blame the 27- year-old co-pilot for causing the plane crash that killed 150 people in southern France. French prosecutors haven't questioned the family yet "out of decency and respect...

  • BEIJING, March 29- China's President Xi Jinping said he hoped its annual trade with the countries involved in Beijing's plan to create a modern Silk Road would surpass $2.5 trillion in a decade. Projects under the plan include a network of railways, highways, oil and gas pipelines, power grids, Internet networks, maritime and other infrastructure links across...

  • NEW YORK, March 29- Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and Eagle Materials Inc, which produces sand used in fracked wells. While his fund is top-loaded with...

  • OSLO/ WASHINGTON, March 29- The United States will submit plans for slowing global warming to the United Nations early this week but most governments will miss an informal March 31 deadline, complicating work on a global climate deal due in December. The U.S. submission, on Monday or Tuesday according to a White House official, adds to national strategies beyond...

  • *President wants rich to keep money in Russia. The former Mrs Russia and Mrs Globe beauty pageant winner is among Russia's super rich but even she and many of her wealthy friends are feeling the pinch from the economic crisis. But the enforced modesty has not yet driven the super wealthy out of Russia or against President Vladimir Putin, who has fanned patriotism...

  • March non-farm payrolls seen up 244,000. BRUSSELS, March 29- The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike. Fed Chair Janet Yellen made it clear on Friday that the U.S. central bank is likely to start...

  • BEIJING, March 29- The chairman of China National Chemical Corp said on Sunday he hopes to re-list Italy's Pirelli on the Italian stock exchange after his firm agreed earlier this month to acquire the world's fifth-largest tyre maker. Ren Jianxin also warned that a counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy.

  • India's diamond polishers lose their sparkle Sunday, 29 Mar 2015 | 12:03 AM ET
    A pair of multi-colored sapphire and diamond ear clips, by JAR.

    A tough market and weaker demand mean have slowed growth in India's diamond market where 14 of every 15 diamonds set in jewelry around the world are processed.

  • NEW YORK— Some British Airways frequent flier accounts have been hacked, but the airline says that most personal information is safe. The London- based airline did not say how many accounts were compromised, but said they have been locked down and can no longer be accessed. British Airways is not aware of any access to any personal information within Executive...

  • Iran, world powers edge closer to nuclear deal Saturday, 28 Mar 2015 | 5:05 PM ET
    U.S. Secretary of State John Kerry (L), Iranian Foreign Minister Javad Zarif (R) and EU envoy Catherine Ashton pose for photographers before a meeting in Vienna November 22, 2014.

    World powers gathering in the Swiss city of Lausanne insist they are closer than ever to reaching a nuclear deal with Iran.

  • No to ceasefire, Yemen's ousted president says Saturday, 28 Mar 2015 | 4:51 PM ET
    Shi'ite Muslim rebels hold up their weapons during a rally against air strikes in Sanaa March 26, 2015.

    Yemen's ousted president Abd-Rabbu Hadi vetoed calls for a ceasefire, backing air strikes by a Saudi Arabia- led coalition, the FT reported.