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  • EU governments back 1.8 billion euro Ukraine loan Tuesday, 31 Mar 2015 | 12:18 PM ET

    BRUSSELS, March 31- European Union governments formally approved a 1.8 billion euro loan for Ukraine on Tuesday to help save it from bankruptcy. Ukraine, fighting a costly war against pro-Russian separatists, is relying on international support to avoid default. The International Monetary Fund's board earlier this month signed off on a $17.5 billion loan for...

  • UNITED STATES FORMALLY SUBMITS CLIMATE CHANGE PLAN TO UNITED NATIONS, PLEDGING EMISSIONS CUT OF 26-28 PERCENT BY 2025.

  • LONDON, March 31- European Union lawmakers have given their initial backing to a draft EU law making it harder to rig market benchmarks, while adding changes to help quell U.S. concerns about the rules. The CFTC worried EU investors would be unable to hedge using thousands of products traded on U.S. futures exchanges because the United States has no plans to...

  • LONDON, March 31- OPEC oil supply has jumped in March to its highest since October as Iraq's exports rebounded after bad weather and Saudi Arabia pumped at close to record rates, a Reuters survey found, a sign key members are sticking to their effort to regain market share. OPEC supply has risen in March to 30.63 million barrels per day from a revised 30.07 million...

  • LONDON, March 31- European Union plans to ban banks taking market bets with their own money should be scrapped to avoid crimping the flow of funds needed for economic recovery, an EU document showed on Tuesday. The bloc's executive European Commission has proposed a draft law to ban proprietary trading at banks and force lenders to isolate other forms of risky...

  • PARIS, March 31- Euro zone shares are enjoying their best first-quarter performance in 17 years as global investors pour money back into the region on expectations the European Central Bank's asset-buying scheme will spark a corporate profit renaissance. The Euro STOXX index, including euro zone shares such as brewer Anheuser-Busch InBev and planemaker...

  • 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...

  • *Iran nuclear deal by Tuesday could bring more oil to market. NEW YORK, March 30- Oil prices fell for the second straight session on Monday as Iran and six world powers negotiated a deal for Tehran's nuclear program that could end Western sanctions, allowing the OPEC member to ship more crude into an already flooded market. "We're likely to stay jittery through the...

  • *OECD struggling to find solution before Paris climate talks. The Organization for Economic Cooperation and Development figures on export credits are central to a debate on targeting funding ahead of U.N. climate talks in Paris at the end of the year. One, dated March 4, when the OECD held closed-door talks on the issue, shows OECD governments provided...

  • LONDON, March 30- The World Bank will hold an auction worth $25 million in June for U.N.-backed carbon credits from projects designed to cut methane emissions, the bank said on Monday. The so-called Pilot Auction Facility will offer tradable put options, giving project owners the right to sell credits to the bank's Methane and Climate Change Fund at a set price,...

  • UK, Switzerland accepted by China-led investment bank Saturday, 28 Mar 2015 | 1:52 AM ET

    China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank.

  • SHANGHAI/ RIO DE JANEIRO, March 28- China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank, a day after Brazil accepted China's invitation to join the AIIB. China's AIIB has been seen as a challenge to the World Bank and Asian Development Bank, and a...

  • RIO DE JANEIRO, March 27- Brazil said on Friday it had accepted China's invitation to join its Asian Infrastructure Investment Bank as a founding member. The AIIB has been seen as a challenge to the World Bank and Asian Development Bank, and a significant step for China's global influence. China's Finance Ministry said that Austria had also applied to join, and has...

  • RIO DE JANEIRO, March 27- Brazil said on Friday it had accepted China's invitation to join its Asian Infrastructure Investment Bank as a founding member. The AIIB has been seen as a challenge to the World Bank and Asian Development Bank, and a significant step for China's global influence. The United States had warned against the new institution but its European...

  • ATHENS, March 27- Greece is submitting a long-awaited list of reforms to euro zone and International Monetary Fund lenders on Friday in the hope it will unlock badly needed cash, a Greek government official said. The European Union and IMF lenders, informally called the Brussels Group, will meet in Brussels later on Friday to start discussing it, the official said.

  • WASHINGTON, March 26- The International Monetary Fund has not decided whether Russia's $3 billion holding of Ukrainian debt should be classified as "official" debt, an IMF spokesman said on Thursday, taking back an earlier statement. Ukraine, which recently received a $17.5 billion bailout from the International Monetary Fund, must come up with at least $15.3...

  • INTERVIEW-Iraq oil minister sees $70 crude by end 2015 Thursday, 26 Mar 2015 | 3:33 PM ET

    BAGHDAD, March 26- Iraq's Oil Minister Adel Abdel Mehdi predicted world oil prices could reach $70 a barrel by the end of 2015 and played down the impact of the emerging conflict in Yemen on prices. A global slump in oil prices has slashed government revenue in Iraq, prompting the OPEC producer to renegotiate contracts with oil majors as it faces a costly military...

  • EU to resume Galileo satellite launch programme Thursday, 26 Mar 2015 | 2:04 PM ET

    BRUSSELS, March 26- The European Union is set to send two navigation satellites into orbit on Friday aboard a Russian rocket, in its first launch since a botched deployment in August that cost several million euros to fix. Global Positioning System is obliged to use the Russian Soyuz system until a development of Arianespace's European Ariane 5 rocket is ready...

  • EU to resume Galileo satellite launch program Thursday, 26 Mar 2015 | 2:04 PM ET

    BRUSSELS, March 26- The European Union is set to send two navigation satellites into orbit on Friday aboard a Russian rocket, in its first launch since a botched deployment in August that cost several million euros to fix. Global Positioning System is obliged to use the Russian Soyuz system until a development of Arianespace's European Ariane 5 rocket is ready...

  • DUBAI, March 26- Top oil exporter Saudi Arabia and Gulf OPEC ally Kuwait will beef up security around their oil facilities, they said on Thursday, after they and other Arab allies began a military operation in Yemen. Oil prices rallied on Thursday after the air strikes in Yemen, on the borders of Saudi Arabia, sparking fears of a wider Middle East conflict that could...