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  • WASHINGTON, March 25- The U.S. Supreme Court appeared closely divided on Wednesday as it weighed whether the Obama administration had to consider costs before deciding whether to regulate emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. Justice Anthony Kennedy could be a possible swing vote on the nine-justice...

  • "Toxic Trio" becomes duet as Argentina dollar bonds rally Wednesday, 25 Mar 2015 | 12:06 PM ET

    LONDON, March 25- Investors who have shunned the high-yielding dollar bonds of the " Toxic Trio" of Argentina, Venezuela and Ukraine may be kicking themselves after a strong Argentine rally over the last year. "The Toxic Trio is actually now the Toxic Duet because Argentina has done very well and gave up their membership this past year," said Edwin Gutierrez, head of...

  • MOSCOW, March 25- The rouble hit fresh 2015 highs early on Wednesday as Russian exporters sold foreign currencies to pay monthly taxes, before falling back sharply after these taxes had been paid. Forex Club analyst Alena Afanaseva said in a note that the behavior of household depositors may have been a factor behind the rouble's recent strength, with Russians...

  • FRENCH AIR ACCIDENT INVESTIGATOR BEA SAYS IT HAS SUCCESSFULLY EXTRACTED RECORDINGS FROM GERMANWINGS COCKPIT VOICE RECORDER.

  • SUPREME COURT APPEAR CONCERNED THAT GOVERNMENT NEVER HAD TO EXPLICITLY CONSIDER COSTS.

  • MILAN, March 25- Italian tyre maker Pirelli, which is being bought by China National Chemical Corp, does not plan to pay a special dividend to its shareholders as part of the buyout plan, two sources with direct knowledge of the matter said. ChemChina is to buy into the world's fifth-largest tyre maker in a 7.3 billion-euro deal, agreed with Pirelli's biggest...

  • JUSTICE ANTHONY KENNEDY THE MOST LIKELY SWING VOTE OVER WHETHER U.S.

  • SUPREME COURT APPEARS CLOSELY DIVIDED OVER INDUSTRY CHALLENGE TO OBAMA MERCURY AIR POLLUTION RULE.

  • DAX declines as European shares dip below multi-year highs Wednesday, 25 Mar 2015 | 11:48 AM ET

    LONDON, March 25- European shares retreated further from 7-1/ 2- year highs hit last week as a rebound in the euro pegged back stock markets and pushed the German market back off record highs. Germany's DAX equity index, which hit a record of 12,219.05 points last week, fell 0.6 percent to 11,928.88 points. On Tuesday, figures showed Germany's private sector grew in...

  • NEW YORK, March 25- U.S. crude inventories soared last week to extend their record build into the eleventh consecutive week as stocks at the Cushing, Oklahoma, delivery hub also hit another peak, data from the Energy Information Administration showed on Wednesday. But the EIA noted in a report released earlier this week that capacity additions at Cushing meant...

  • WASHINGTON, March 25- Comcast Corp has reassessed the timing of the regulatory review of its proposed merger with Time Warner Cable Inc and now expects its conclusion in the middle of this year, a company executive said in a blog post on Wednesday. The $45 billion deal is under review by the U.S. Justice Department and the Federal Communications Commission.

  • GLOBAL MARKETS-Wall St, dollar slip on U.S. growth worries Wednesday, 25 Mar 2015 | 11:40 AM ET

    NEW YORK, March 25- Wall Street stocks and the dollar slipped on Wednesday as government data signaled the U.S. economic expansion was slowing, while gains in the euro prompted a pullback in European stock markets. A modest lift at the opening bell for U.S. stocks on news of a deal between Kraft Foods and Heinz Co to create North America's third-largest food company...

  • WASHINGTON, March 25- U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, leading economists to further lower their first-quarter growth estimates. The Commerce Department's durable goods report on Wednesday was the latest data to suggest economic growth braked...

  • COMCAST CORP SAYS REGULATORY REVIEW OF TIME WARNER CABLE MERGER NOW EXPECTED BY MIDDLE OF THE YEAR.

  • US STOCKS-Wall St off in choppy trading after soft data Wednesday, 25 Mar 2015 | 11:30 AM ET

    *Kraft up 42 pct, Kofax adds 46 pct after separate deal news. NEW YORK, March 25- U.S. stocks fell in choppy, tight-range trading on Wednesday, with indexes reacting to moves in currency markets and to a gauge of industrial orders that unexpectedly fell last month. "The dollar strength can sap earnings growth, but if you continue to see soft economic data here, a...

  • WASHINGTON, March 25- The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives spent about $600,000 on six drones that had so many defects they were never used for video surveillance as planned, and were eventually ditched, the Justice Department's internal watchdog reported on Wednesday. The Office of the Inspector General said it was "troubled" that the ATF, a...

  • MUMBAI, March 25- India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, the country's telecoms minister said on Wednesday. Ravi Shankar Prasad said the government received bids worth almost 1.10 trillion rupees, topping the 1.06 trillion rupees it raised in 2010. The...

  • U.S. drivers extend record mileage gains in January -FHA Wednesday, 25 Mar 2015 | 11:24 AM ET

    NEW YORK, March 25- The rapid rise in the number of miles driven by U.S. motorists continued into January, federal data showed this week, with travel gaining 4.9 percent from a year ago to another record high. Motorists drove an estimated 237.3 billion miles in January, the most ever for the month, according to data from the Federal Highway Administration.

  • BRUSSELS/ ATHENS, March 25- Greece failed in a bid on Wednesday to secure a quick cash payment from the euro zone rescue fund to help stave off potential bankruptcy next month, raising pressure on Athens to deliver a convincing reform program within days. Athens had appealed for the European Financial Stability Facility to return 1.2 billion euros it said it had...

  • VIENNA, March 25- New board members at Austrian companies OMV and Telekom Austria may include a former member of the European Central Bank's executive board and a former OMV chief executive, the committee charged with the choices said. The reforms earlier this year tightened the government's grip on companies such as OMV, Telekom Austria and Austrian Post.