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  • FRANKFURT, March 30- The European Central Bank eased the pace of its bond-buying slightly in the program's third week, but is still on target to inject 60 billion euros into the euro zone economy each month until September 2016. Under the program, the ECB aims to purchase 60 billion euros a month of securities until September 2016, or beyond that if needed to see a...

  • WASHINGTON, March 30- U.S. regulators took aim at financier Lynn Tilton and her advisory business on Monday, saying she breached her fiduciary duty to investors by hiding the poor performance of loans underlying three collateralized loan obligations. The Securities and Exchange Commission said that Tilton and Patriarch Partners were able to collect almost...

  • *New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...

  • *UnitedHealth unit to buy Catamaran; Horizon to buy Hyperion. NEW YORK, March 30- U.S. stocks rallied more than 1 percent on Monday, with biotech stocks among the most active names amid a number of major deals in the space. Stock markets will be closed for the Good Friday holiday, leaving investors unable to trade on the jobs data until the following week.

  • BEIJING, March 30- Egypt will apply to become of member of the Beijing-led Asian Infrastructure Investment Bank, China's Ministry of Finance said in a statement on its website Monday. China has set a March 31 deadline to become a founding member of the AIIB, which is seen as a significant setback to U.S. efforts to extend its influence in the Asia Pacific region and...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday agreed to consider whether a man injured by a drunken driver in Florida is required to pay more than $120,000 in medical costs back to his health plan administrator. The nine justices will hear an appeal filed by Robert Montanile, who required back surgery after the accident that took place in West Palm Beach in...

  • European stocks rebound as tech shares turn higher Monday, 30 Mar 2015 | 10:03 AM ET

    *Yoox rises on Net-A-Porter talks. Shares in European technology stocks such as Infineon, STMicroelectronics and ASML were all up 2-3 percent on Monday. Signs of merger and acquisition activity also pushed up the shares of Yoox by 9.4 percent, after Yoox and Richemont's Net-a-Porter confirmed merger talks to create an industry leader in the fast-growing...

  • March 30- Toyota Motor Sales U.S.A Inc, a unit of Toyota Motor Corp, said it would offer low-cost automated braking safety packages to U.S. customers as an optional accessory for all its Toyota and Lexus cars by the end of 2017.. More importantly it will help prevent some crashes from ever happening in the first place, " Jim Lentz, Chief Executive, Toyota Motor North...

  • UPDATE 9-Oil eases as big powers negotiate with Iran Monday, 30 Mar 2015 | 9:57 AM ET

    *More price falls seen as U.S. stocks are sold off- Barclays. LONDON, March 30- Oil prices slipped 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...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday left intact a ruling that prevents plaintiffs from suing banks that they say aided and abetted convicted fraudster Bernie Madoff. The high court declined to hear two separate appeals filed by investors in foreign investment vehicles that lost money when Madoff's the Ponzi scheme collapsed in 2008. They...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday sent a securities class action case against Dutch bank ING Groep NV and others back to a lower court to reconsider in light of the justices' ruling last week in a case involving pharmacy services company Omnicare. The high court threw out a November 2013 decision by the New York- based 2nd U.S. Circuit Court of...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama's healthcare law that took aim at a bureaucratic board labeled by some Republicans as a "death panel" because it was designed to cut Medicare costs. The high court left intact a ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that threw...

  • March 30- GNC Holdings Inc said it restored certain dietary supplements to its stores in New York after reaching an agreement with the state's attorney general that its products complied with the Food and Drug Administration's guidelines. GNC also agreed to adopt stricter testing standards for herbal supplements that exceed FDA requirements, a first in the...

  • March 30- Oil and gas producer Harvest Natural Resources Inc, which is facing a severe cash crunch, said it was considering restructuring as a planned sale of its remaining Venezuelan assets was blocked by the local government. The company holds a 20 percent stake in Petrodelta, a joint venture with state-owned Petroleos de Venezuela SA. The company said in...

  • *UK faces ultra-close national election on May 7. LONDON, March 30- Campaigning in Britain's closest election in decades began on Monday after Prime Minister David Cameron met Queen Elizabeth to tell her parliament had been dissolved, teeing up a fraught battle to govern a $2.8 trillion economy. Britain excels at set-piece constitutional events.

  • NEW YORK, March 30- U.S. stocks opened higher on Monday as four M&A deals in the biotech sector lifted market sentiment after the worst weekly decline for the S&P 500 in two months.

  • SUPREME COURT REJECTS NEW CHALLENGE TO OBAMACARE THAT TARGETED COST-CUTTING BOARD THAT REPUBLICANS CALL "DEATH PANEL".

  • NEW YORK, March 30- U.S. coding site GitHub said it was deflecting most of the traffic from a days-long cyberattack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack. They pushed massive amounts of traffic to GitHub by redirecting overseas users of the popular Chinese search...

  • BERLIN, March 30- German consumer prices rose in March for the first time this year when harmonized to compare with other European Union countries, and could help spur euro zone inflation. Christian Schulz, senior economist at Berenberg Bank, said the Spanish and German figures could even help the euro zone break a run of negative inflation figures: "On the basis of...

  • WASHINGTON, March 30- U.S. consumer spending barely rose in February as households boosted savings to their highest level in more than two years, the latest sign that the economy hit a soft patch in the first quarter. Economic growth has been undercut by bad winter weather, a strong dollar, a now-settled labor dispute at busy West Coast ports and softer demand in...