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  • NEW YORK, March 10- Chevron Corp boosted its asset sales plans by 50 percent to $15 billion by 2017 and trimmed spending to generate more cash as the second-largest U.S. oil company reaffirmed plans to raise production 20 percent despite a plunge in crude prices. "We're quite sober about prices in 2015," Chief Executive John Watson said at the company's annual...

  • LONDON, March 10- The world's two biggest oil firms, Exxon Mobil Corp and Royal Dutch Shell, may withstand the oil price collapse better than their rivals because they are closer to finishing expensive investment projects while others must keep spending. Exxon started eight major oil and gas production projects last year in locations ranging from Papua New...

  • *Credit Suisse surges after naming new CEO. LONDON, March 10- European shares slipped further on Tuesday from a seven-year high after sharply weaker oil and metals prices pulled down commodities stocks, although Credit Suisse rallied after naming a new chief executive. "Credit Suisse has had different issues throughout the years and someone with a diverse...

  • SAN FRANCISCO, March 10- A former partner at Kleiner Perkins Caufield& Byers accusing the venture-capital firm of gender discrimination testified on Tuesday that she filed her lawsuit after Kleiner failed to respond to numerous complaints. "I had gone through every possible internal process I thought I could go through," Ellen Pao told jurors in San Francisco...

  • LONDON, March 10- Yields on the debt of nearly all euro zone countries dropped to record lows on Tuesday, a day after the European Central Bank began buying bonds in an effort to revive inflation and economic growth. Central banks put in around 15 million to 20 million euros of orders-- less than half the orders seen during the ECB's first bond-buying programme, at the...

  • *Brent-U.S. crude spread at 3- week low under $8 a barrel. Brent, the London- traded global oil benchmark, slumped more than 3 percent. Even so, WTI fell less than Brent as players bet on a further narrowing of its discount to the London benchmark after forecasts for a modest build last week in the Cushing, Oklahoma delivery point for U.S. crude versus the rest of the...

  • *Inventory-to-sales ratio highest since July 2009. WASHINGTON, March 10- U.S. wholesale inventories unexpectedly rose in January as sales recorded their biggest decline since 2009, lifting the number of months it would take to clear warehouses to its highest level in more than 5-1/ 2 years. There is far less evidence of anything being amiss among other U.S....

  • LONDON, March 10- British regulators are looking at whether global agreement is possible on revoking licences of bankers who break rules, Bank of England Governor Mark Carney said on Tuesday. Last year, he suggested that bankers could also be partly paid in performance bonds to reduce risk-taking but lawyers argued it could clash with European Union rules on...

  • Chief of Naval Operations Admiral Jonathan Greenert said he expects to complete work this week on a list of "unfunded priorities" for Congress that may include some Boeing Co F/A-18E/F Super Hornet fighter jets. Greenert told Reuters after a Senate hearing that he expected to finalize the annual wish list for U.S. lawmakers this week, so it can be reviewed by Navy...

  • NEW YORK, March 10- A federal judge on Tuesday revoked the bail of an upstate New York man who disappeared from authorities as he faces criminal charges that he tried to defraud Facebook Inc founder Mark Zuckerberg out of half of the social media company. District Judge Vernon Broderick in Manhattan said it could be difficult to remove an ankle bracket.

  • *Lingering concern over Greece adds to bearish tone, hits stocks. *China CPI lands above forecast but producer prices still falling. Technical negotiations intended to prevent Greece going bankrupt and potentially being forced to abandon the euro bloc will start in Brussels on Wednesday.

  • NEW YORK, March 10- Home-sharing website Airbnb.com has made it big, but when co-founder Joe Gebbia leaves San Francisco to travel for business, he still bunks down with Airbnb hosts. Gebbia first visited Copenhagen in 2012 to open the company's office there. Back then, he got to know the city's Vesterbro district and fell in love with its mix of midcentury modern...

  • LONDON, March 10- Deutsche Bank said on Tuesday it expects the euro to fall to parity with the dollar as early as the end of this year, and it forecast the single currency would drop to just 85 cents per euro for 2017.. Germany's biggest bank, the world's second-largest currency trader, had led the way last year in forecasting a devaluation of the euro, saying it...

  • March 10- An ambitious plan to put California's renewable energy projects in areas where the environment will face the least harm is getting a major overhaul after years of delays and criticism from developers, environmentalists and counties. Arnold Schwarzenegger, the Desert Renewable Energy Conservation Plan aims to identify 22.5 million acres of land...

  • ZURICH, March 10- Credit Suisse Chairman Urs Rohner on Tuesday said the appointment of Tidjane Thiam as chief executive did not signal a major shift in strategy, as the bank's new hire made his media debut in Switzerland. The market was caught off guard when reports first emerged that Zurich- based Credit Suisse had picked Thiam, boss of insurance group Prudential,...

  • DUBAI, March 10- Saudi Arabia's King Salman said on Tuesday that the kingdom would continue oil and gas exploration despite the fall in crude prices, and vowed to build a strong, diversified economy.

  • NEW YORK, March 10- The U.S. Energy Information Administration revised upward its 2015 domestic oil production outlook, but lowered its 2016 forecast because it expects the slump in global prices to weigh on the country's shale boom next year. An EIA spokesman said the revision is due to an increase in baseline expectations for the fourth quarter and to...

  • CARACAS, March 10- President Nicolas Maduro was seeking special decree powers from Venezuela's parliament on Tuesday in response to new U.S. sanctions, drawing opposition protests of a power-grab. Opposition leaders slammed Maduro, saying he was using the worst flare-up with Washington of his nearly two-year rule to justify autocratic governance,...

  • CHICAGO, March 10- Government support for U.S. grain farmers under the new five-year farm bill will peak with the coming 2015 crop, the Food and Agricultural Policy Research Institute said in a new report. The think tank estimated that $3.9 billion in ARC and PLC payments for last year's 2014 crop would be made after fiscal 2016 begins on Oct. 1.

  • Brent, the London- traded global oil benchmark, slumped more than 3 percent as expectations of a mid-year U.S. rate hike sent the dollar soaring to multi-year highs, making commodities denominated in the greenback costlier for holders of other currencies. Traders said WTI saw less pressure than Brent as players bet on a further narrowing of its discount to the...