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  • *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...

  • *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...

  • 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...

  • March 10- The U.S. Food and Drug Administration said it approved United Therapeutics Corp's drug to treat an aggressive form of neuroblastoma, a rare cancer that typically occurs in children below 5 years. Wedbush Securities analyst Liana Moussatos estimated there are about 425 high-risk patients in the United States and 1,275 worldwide.

  • After France, Ireland wants EU budget flexibility too Tuesday, 10 Mar 2015 | 12:39 PM ET

    *Ireland wants to have more spending space in 2016 budget. BRUSSELS, March 10- Ireland demanded more leeway on Tuesday for its budget spending next year after the European Commission showed leniency in applying EU rules to France and Italy. European Union finance ministers on Tuesday endorsed a Commission recommendation to give France, which has repeatedly...

  • PUERTO GAITAN, Colombia, March 10- As fewer and fewer oil trucks roll through the streets of Puerto Gaitan, Mario Romero crunches the numbers. Just six months ago, Transportes Paraiso Regional had 320 drivers moving oil, machinery and personnel around Colombia's booming energy industry. The mayor's office says Puerto Gaitan, home to 45,000 people and set along...

  • WASHINGTON, March 10- U.S. and world corn supplies are projected to be smaller than expected by the end of the marketing year due to rising export demand, the U.S. Agriculture Department said on Tuesday. USDA cut its outlook for domestic end stocks of corn for the 2014/ 15 crop year by 50 million bushels to 1.777 billion, the low end of a range of analysts' forecasts.

  • March 10- The U.S. National Security Agency was sued on Tuesday by an array of groups challenging one of its mass surveillance programs that they said violates Americans' privacy and threatens communications worldwide by dissidents living under oppressive regimes. The lawsuit filed in federal court in Maryland, where the spy agency is based, said the NSA is...