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  • PSA claims victory in Citroen brand revamp Tuesday, 3 Mar 2015 | 12:28 PM ET

    GENEVA, March 3- French carmaker PSA Peugeot Citroen may expand sales of its C4 Cactus compact SUV to China, a senior executive said on Tuesday, in a sign that a repositioning of the Citroen brand is bearing fruit. Under the Peugeot group's Chief Executive Carlos Tavares, Citroen is attempting to forge a funky but frugal image while sister brand Peugeot challenges...

  • GENEVA, Switzerland— These cars may come with outrageous price tags, but it doesn't cost to goggle. Here's a look at some of the models showcased at the car show in Geneva, where automakers focused on powerful sports cars and luxury sedans. Photographers Laurent Cipriani, Martial Trezzini and Sandro Campardo contributed.

  • Next curveball for oil: An Iran nuclear deal Tuesday, 3 Mar 2015 | 11:58 AM ET
    Iranian men hold placards during a demonstration outside the Tehran Research Reactor in the capital Tehran on November 23, 2014, to show their support to Iran's nuclear program.

    Talk is rising of a nuclear deal that could see sanctions lifted against Iran, a move that could turn the tap on its oil exports and push prices down.

  • Pay gap between bosses and workers widens worldwide Tuesday, 3 Mar 2015 | 11:47 AM ET

    The pay gap between bosses and their workers has increased in every region worldwide since the 2008 financial crisis, according to the latest data.

  • *Coming Up: American Petroleum Institute data at 2130 GMT. Higher prices imposed by Saudi Arabia for its crude buyers in Asia, the U.S. and northwest Europe did not immediately boost benchmark Brent and U.S. oil futures, although some traders saw the move as supportive. Brent jumped almost 3 percent, trading firmly above the $60- a-barrel support level, as rival...

  • WIRELESS SHOW PHOTO GALLERY: Gadget fans in Barcelona Tuesday, 3 Mar 2015 | 11:44 AM ET

    BARCELONA, Spain— Gadget lovers from around the world are in Barcelona to view the latest in handheld and wireless technology. Tech giants like Samsung, Sony, and Lenovo also showcased their latest offerings. Photographers Manu Fernandez and Emilio Morenatti contributed.

  • Europe closes lower; Barclays down 3% Tuesday, 3 Mar 2015 | 11:42 AM ET

    European equities closed lower on Tuesday as investors reacted to a slew of earnings news and economic data.

  • FOREX-Dollar eases after touching 11-year peak Tuesday, 3 Mar 2015 | 11:31 AM ET

    NEW YORK, March 3- The dollar softened on Tuesday after touching an 11- year high against an index of other major currencies as dealers awaited details of Europe's massive bond-buying program and a key U.S. jobs report. The dollar surrendered early gains against the euro on widening interest-rate differences and was last flat against Europe's shared currency...

  • ATHENS, March 3- Greece is tapping into the cash reserves of pension funds and public sector entities through repo transactions as it scrambles to cover its funding needs this month, debt officials told Reuters on Tuesday. Shut out of debt markets and with aid from lenders frozen, Athens is in danger of running out of cash in the coming weeks as it faces a 1.5 billion...

  • Euro zone bond yields edge up as ECB QE details eyed Tuesday, 3 Mar 2015 | 11:22 AM ET

    *Markets waiting for operational details on QE. LONDON, March 3- Most euro zone bond yields bounced off record lows on Tuesday as investors waited for the European Central Bank to provide more details of its trillion euro quantitative easing programme later this week. "D-day is drawing near," said ING strategist Martin van Vliet, expecting more details on the...

  • GENEVA— Russia's sinking economy is putting up a major hurdle for Ford Motor Co. and General Motors as the U.S. automakers fight to return to profitability in Europe after years of losses. He added that the company wasn't giving up on its goal of returning to profit in Europe in 2016, and that it would work to make earnings in other regions make up for diminished...

  • VIENNA, March 3- Among the "bad banks" that have emerged since the global crisis, Austria's Heta Asset Resolution stands out as a spectacular failure, brought down by setbacks ranging from the demands of accounting rules to ailing Balkan economies and a Swiss decision to let the franc surge. Questions are swirling over how things could have gone so wrong so quickly...

  • WARSAW, March 3- Poland's government has forced the resignation of another top mining executive, sources said, siding with unions once again to end the latest stand-off over working conditions that are bringing the country's biggest mining firms to their knees. Poland produces more coal than any other country in the European Union, but the sector is making huge...

  • PARIS— A British investor who made millions in Russia before his lawyer was imprisoned and died is calling for an international investigation into the killing of Russian opposition figure Boris Nemtsov. U.S.-born William Browder is suggesting a probe led by the United Nations, the Council of Europe or the Organization for Security and Cooperation in Europe.

  • Mongolia, which has Russia and China as its neighbours, has large quantities of natural resources including copper, gold, silver and uranium deposits. Merkel outlined the difficulties involved in getting start-up financing for infrastructure and mining projects, and the need for infrastructure expansion in Mongolia. "Thirdly, Mongolia has big neighbours...

  • LONDON, March 3- Sterling rose on Tuesday after a survey of construction managers came in better than expected, reinforcing a brighter economic start to a year that also features political uncertainty. By late afternoon in London, sterling was up just under 0.1 percent at 72.75 pence per euro, near Monday's seven-year low of 72.35. "Sentiment for the pound is...

  • BRUSSELS, March 3- The European Bank for Reconstruction and Development will launch a five-year programme of loans and investments in Greece that EU governments hope can foster enterprise and growth to help revive an economy hobbled by public-sector debt. Suma Chakrabarti, president of the London- based EBRD, told reporters in Brussels that all its 66 state...

  • *Actavis launches $21 bln bond deal. *Exxon Mobil to sell $7 bln in debt. Pharmaceutical company Actavis Plc launched a $21 billion corporate bond deal, the second-largest on record according to Thomson Reuters unit IFR.

  • BERLIN— Switzerland has signed an accord with Australia aimed at cracking down on tax evaders. Swiss Finance Ministry spokesman Mario Tuor said it's the first time Switzerland has pledged such an automatic information exchange, though negotiations are underway with the United States and the European Union over similar accords. Switzerland says Australia...

  • Dubai's Emirates says adds $7.6 bln to EU GDP Tuesday, 3 Mar 2015 | 10:34 AM ET

    DUBAI, March 3- Dubai's flagship airline Emirates contributes 6.8 billion euros to the European Union economy, it said on Tuesday, in an apparent response to criticism from rivals that government subsidies give Gulf carriers an unfair advantage. Emirates first flew to Europe in 1987 and since then has grown to 350 passenger flights a week from Europe, its...