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  • NEW YORK, March 25- A federal appeals court on Tuesday rejected a bid by former Goldman Sachs Group Inc director Rajat Gupta to overturn his insider trading conviction. The 2nd U.S. Circuit Court of Appeals rejected the claim by Gupta, also a former global managing director of consulting firm McKinsey& Co, that his trial judge improperly admitted wiretap evidence.

  • UPDATE 1-Oil spills into Lake Michigan from BP refinery Tuesday, 25 Mar 2014 | 10:15 AM ET

    March 25- Oil leaked from BP Plc's Whiting oil refinery in Indiana into Lake Michigan after a mechanical glitch on Monday afternoon, the company and local officials said on Tuesday.

  • SUPREME COURT RULES THAT SEVERANCE PAYMENTS ARE TAXABLE WAGES IN A WIN FOR U.S.

  • *Investment returns of chartists 7 pct lower per year. AMSTERDAM, March 25- Technical analysis, the study of price charts to predict future market moves, depresses investment returns for private investors as it leads to overconfidence, high trading costs and undiversified portfolios, a Dutch-American study shows.

  • March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and warned it might post a loss for the current quarter due to a rise in costs.

  • NEW YORK, March 25- Jon Corzine, the former MF Global Holdings Ltd chief executive, and two former colleagues failed to win the dismissal of a lawsuit by a trustee seeking to hold them responsible for the futures brokerage's rapid demise and bankruptcy.

  • *China stimulus hopes support emerging market shares. LONDON, March 25- Growing speculation that China may take steps to bolster growth, and efforts by the West to draw a provisional line under the Ukraine crisis, helped lift share and commodity markets out of their recent slump on Tuesday.

  • 10 TH OF RAMADAN CITY, Egypt, March 25- Egypt's next president is likely to face a far more complex problem than cracking down on Islamists- meeting the demands of workers desperate for decent jobs and wages.

  • March 25- EBay Inc urged its shareholders to vote against activist investor Carl Icahn's proposal to spin off the e-commerce company's PayPal payments unit. Last week, Icahn asked eBay to sell 20 percent of the PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spin off.

  • Carnival Corp forecasts loss for current quarter Tuesday, 25 Mar 2014 | 9:31 AM ET

    March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and forecast a loss for the current quarter due to a rise in costs.

  • NEW YORK, March 25- U.S. single-family home prices rose in January and slightly beat expectations, a closely watched survey said on Tuesday. "The housing recovery may have taken a breather due to the cold weather," said David Blitzer, chairman of the index committee at S&P Dow Jones Indices, speaking to the 0.1 percent price drop on a non-seasonally adjusted basis.

  • CHIASSO, Switzerland, March 25- As luxury watchmakers seek to keep increasing sales while preserving exclusivity, they are taking a leaf out of the haute couture book, making watches to order with anything from diamond stars to fully personalised shapes and decorations.

  • CARACAS, March 25- Venezuelan bonds rose again on Tuesday in a continued positive market reaction to a new free-floating foreign exchange system that offered dollars for eight times the official price at its opening session.

  • LONDON, March 25- Gold fell to its lowest in more than five weeks on Tuesday, as the dollar edged higher on after a top Federal Reserve official reinforced the likelihood of higher U.S. interest rates in the first half of 2015..

  • *Fed to buy $1 bln- $1.25 bln bonds due 2036-2044.

  • Twitter ban sparks "arms race" with tech savvy Turks Tuesday, 25 Mar 2014 | 9:19 AM ET

    *Turks in their thousands seek ways around Twitter ban. ANKARA, March 25- Prime Minister Tayyip Erdogan rails against Twitter as part of a plot to blacken him and portray his Turkey as corrupt; but Turks in growing numbers are exploring ever more innovative ways to beat his ban in what has become a cyber-battle of wits.

  • *Walt Disney to buy Maker Studios for $500 mln. *Major indexes fell on Monday on concerns that the crisis in Ukraine could escalate.

  • U.S. home prices rise in January - S&P/Case-Shiller Tuesday, 25 Mar 2014 | 9:00 AM ET

    NEW YORK, March 25- U.S. single-family home prices rose in January and slightly beat expectations, a closely watched survey said on Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas rose 0.8 percent in January on a seasonally adjusted basis.

  • March 25- Private equity firm Carlyle Group LP said it appointed Mike Cavanagh, co-head of JPMorgan Chase& Co's corporate and investment bank, as co-president and co-chief operating officer. Cavanagh, 48, was a member of JPMorgan's operating committee and was seen as a possible successor to Chief Executive Jamie Dimon.

  • *Copper follows shares, oil higher as markets rebound. LONDON, March 25- Copper rose to its highest level in nearly a week on Tuesday, supported in part by prospects that big commodities consumer China will act to support its slowing economy, and ahead of key U.S. data later in the session.