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  • WASHINGTON, April 2- The head of the International Monetary Fund on Wednesday called on the European Central Bank to ease monetary policy to move prices higher, saying "low-flation" in advanced economies risked undercutting an already sluggish global recovery.

  • MOSCOW, April 2- Russian lender VTB forecast lower loan growth across the country's banking sector this year due to a sluggish economy, and said the Ukraine crisis could affect its ability to pay dividends.

  • SANTIAGO, April 2- Chilean authorities on Wednesday were assessing the damage from a massive earthquake that struck off the northern coast, causing a small tsunami, but the impact was mostly limited, according to early indications.

  • WASHINGTON, April 2- The European Central Bank should ease monetary policy to combat dangerously low inflation that could crimp euro zone output and consumer spending, the head of the International Monetary Fund said on Wednesday.

  • IMF's Lagarde calls on ECB to ease monetary policy Wednesday, 2 Apr 2014 | 11:00 AM ET

    WASHINGTON, April 2- The European Central Bank should ease monetary policy to combat the risk of "low-flation" that could crimp euro zone output and consumer spending, the head of the International Monetary Fund said on Wednesday.

  • Cheaper living in Athens shows peril of falling prices Wednesday, 2 Apr 2014 | 9:17 AM ET

    *ECB's Draghi confronts spectre of deflation on visit to Greece. ATHENS, April 2- The falling price of living in Athens presented the unmistakable spectre of deflation to European Central Bank President Mario Draghi during his visit to the Greek capital this week yet there is little he will do to heal this pain.

  • MOSCOW, April 2- Russian lender Binbank said on Wednesday it could buy the Moscow subsidiary of Ukraine's Privatbank in two weeks from its Ukrainian owners who say they were under political pressure to sell.

  • Pressure on Pimco's Gross as investors pull $3.1B Wednesday, 2 Apr 2014 | 7:33 AM ET
    Bill Gross

    Investors pulled another $3.1 billion from Pimco's flagship fund in March, following a spate of wrong calls by long-time manager Bill Gross.

  • MOSCOW, April 2- Russian lender Binbank said it could buy the Moscow subsidiary of Ukraine's Privatbank in two weeks, ousting its Ukrainian owners who say the bank is a victim of "political tensions" between Moscow and Kiev.

  • LONDON, April 2- World stocks extended their recent rally and the safe-haven yen sagged to a 10- week low on Wednesday, as investors focused on the positive in a mixed bag of global economic data. Trading was largely cautious before Thursday's meeting of the European Central Bank and Friday's U.S. jobs numbers.

  • MOSCOW, April 2- Russia's central bank said on Wednesday economic growth would "most probably" fall below 1 percent in 2014 and it was also concerned about above-target inflation that constrains its ability to cut interest rates.

  • LONDON, April 2- World share markets extended their rally on Wednesday as investors focused on the good news in a mixed bag of global economic data. Trading was still cautious before Thursday's meeting of the European Central Bank and Friday's U.S. jobs numbers.

  • Senator Marco Rubio, a prominent Republican critic of President Barack Obama's healthcare law, unveiled legislation on Tuesday to make sure Obamacare would not add to the deficit by compensating insurance companies for possible losses.

  • DIARY - Top economic Events to April 15 Tuesday, 1 Apr 2014 | 8:01 PM ET

    CHICAGO- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Homer Jones Memorial Lecture event- 2100 GMT.

  • April 1- Wells Fargo& Co said on Tuesday that it agreed to issue and service credit cards for retailer Dillard's Inc, the latest move by the fourth-largest U.S. bank to boost its card business.

  • NEW YORK, April 1- Investors pulled another $3.1 billion from Pimco's flagship fund in March, the 11th straight month of outflows from the world's largest bond fund, and its performance on the month lagged 95 percent of its peers due to a spate of wrong calls by long-time manager Bill Gross.

  • *CFO had planned to quit Zurich in months before death. ZURICH, April 1- Seven months after the suicide of Zurich Insurance finance chief Pierre Wauthier, his widow is set to confront the company over its handling of the tragedy, reopening a scandal that unsettled investors.

  • April 1- Wells Fargo& Co on Tuesday named a new chief financial officer and wholesale banking leader, in a shake-up of its top ranks. Dave Hoyt, Wells Fargo's current head of wholesale banking, will leave the bank at the end of June after a 32- year career.

  • Wells Fargo CFO to head wholesale banking group Tuesday, 1 Apr 2014 | 4:43 PM ET

    April 1- Wells Fargo& Co said Chief Financial Officer Timothy Sloan would head the bank's wholesale banking group after David Hoyt retires on May 15. John Shrewsberry, head of Wells Fargo Securities, will succeed Sloan as chief financial officer, the company said on Tuesday.

  • April 1- A remarkable rise in U.S. bank lending may hold the key to the outlook for the U.S. economy, but it could be either very good or very bad news.

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