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  • *Test puts HSBC, Standard Chartered in the spotlight. "By assessing the resilience of the UK banking system against a major external shock we will improve further our ability to identify vulnerabilities and we will ensure that banks have plans in place to address a wider range of possible stresses," BoE Governor Mark Carney said on Monday. That leaves six banks and...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. LONDON, March 30- Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on renewed concern about Greece's finances. Earlier, Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to...

  • LONDON, March 30- Nickel hit its lowest in nearly six years on Monday, as faltering demand for stainless steel and worries that a new tax in Malaysia might push metal into the market dented sentiment. In Malaysia, which stores almost half of the LME's nickel inventories at around 210,000 tonnes, a new government tax may force owners to sell metal rather than bear the...

  • POLL-Oil prices to stabilise as demand rises Monday, 30 Mar 2015 | 6:00 AM ET

    *Brent to average $59.20, U.S. crude $53.60 in 2015. The survey of 34 analysts predicted North Sea Brent crude would average $59.20 a barrel in 2015, up from around $55 so far this year. Brent is expected to rise to $72.10 in 2016 and $78.70 in 2017, the poll showed.

  • POLL-Oil prices to stabilize as demand rises Monday, 30 Mar 2015 | 6:00 AM ET

    *Brent to average $59.20, U.S. crude $53.60 in 2015. The survey of 34 analysts predicted North Sea Brent crude would average $59.20 a barrel in 2015, up from around $55 so far this year. Brent is expected to rise to $72.10 in 2016 and $78.70 in 2017, the poll showed.

  • *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports. "Regarding Iran, there are two possible outcomes: a framework deal or an extended...

  • *UK faces close national election on May 7. LONDON, March 30- Campaigning in Britain's closest national election in decades will start on Monday after Prime Minister David Cameron meets Queen Elizabeth following parliament's dissolution, teeing up an unusually fraught battle to govern the $2.8 trillion economy. The opposition Labour Party is due to present...

  • Global stocks get European economy and Yellen boost Monday, 30 Mar 2015 | 3:03 AM ET

    KEEPING SCORE: In Europe, Germany's DAX was up 1.3 percent at 12,024 while the CAC-40 in France rose 1 percent to 5,084. The FTSE 100 index of leading British shares was 0.3 percent higher at 6,877. Wall Street was poised for a solid start with Dow futures and the broader S&P 500 futures 0.5 percent higher. A survey from the European Commission showed economic...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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.

  • MILAN, March 28- Switzerland's Dufry has agreed to buy a majority stake in World Duty Free in deal which values the Italian firm at 3.6 billion euros and will makes it by far the world's biggest travel retailer. Edizione, the holding company owned by the Benetton family and controlling World Duty Free, said on Saturday it was selling its 50.1 percent stake in the...

  • Dairy farms asked to consider breeding no-horn cows Saturday, 28 Mar 2015 | 10:26 AM ET

    While veterinary groups recommend pain treatment, only about 10 percent of calves are properly medicated, according to Vermont dairy cattle breeder Mark Rodgers. Yet, the change may come sooner than producers expected, as some of the nation's largest food companies, such as General Mills, Nestle and Dunkin' Brands, are asking dairy suppliers to incorporate...

  • LONDON, March 28- Britain's government has told two of its offshore financial tax havens to set out timetables for implementing a central register of companies revealing corporate ownership, in a bid to help combat tax evasion. Prime Minister David Cameron proposed plans for a public register of company ownership in 2013, during a G8 summit in Northern...

  • 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...