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  • PARIS, Feb 24- European planemaker Airbus is talking to suppliers about the possibility of raising production of its popular A320 family to 50 jets a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • LONDON, Feb 24- Monetary easing expectations weighed on the Israeli shekel and Turkish lira on Tuesday amid broader weakness among emerging market currencies, though the rouble stabilised after recent heavy falls. Markets shrugged off an announcement that Barclays would eject 10 dollar- denominated and one euro- denominated Russian bond from its Global...

  • Kyrgyz central bank leaves key interest rate at 11 pct Tuesday, 24 Feb 2015 | 5:32 AM ET

    BISHKEK, Feb 24- Kyrgyzstan's central bank said on Tuesday it had decided to leave its key interest rate unchanged at 11 percent, despite high inflationary pressures and lower cash remittances from migrant workers abroad.

  • FRANKFURT, Feb 24- Deutsche Bank will outsource large parts of its wholesale banking IT infrastructure to U.S.-based Hewlett-Packard in a multibillion-dollar deal that leaves the group's retail operations untouched. The HP deal will allow the bank to reduce costs and launch new products and services more quickly, Deutsche Bank Chief Operating Officer...

  • LONDON, Feb 24- Bank of England Governor Mark Carney and other BoE policymakers are speaking to the Treasury Committee in Britain's parliament. Below are comments from the hearing:. It's "a serious issues, it's our largest trading partner, our largest investment destination".

  • Feb 24- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a 78 percent jump in quarterly profit as it sold more homes at higher prices. The company's net income rose to $81.3 million, or 44 cents per share, in the first quarter ended Jan. 31, from $45.6 million, or 25 cents per share, a year earlier. Total revenue rose 33 percent to $853.5 million.

  • MILAN, Feb 24- Italian conglomerate Finmeccanica has agreed to sell its rail assets to Japan's Hitachi in a potential 1.9 billion euro deal that will cut its debt by 15 percent and help it to refocus on aerospace and defence. Hitachi, meanwhile, will gain a stronger foothold in Europe to compete with bigger rivals such as Germany's Siemens and France's Alstom,...

  • PARIS, Feb 24- European planemaker Airbus is discussing with suppliers the possibility of raising production of its popular A320 family of jets to 50 a month as early as 2017, narrowing a gap with rival Boeing, a senior industry source said on Tuesday. Airbus has asked suppliers to be ready to adjust to production of 48 aircraft a month during 2016, rising to 50 a...

  • *Fed's Yellen testifies to Congress at 1000 EST/ 1500 GMT. LONDON, Feb 24- World shares held near all-time highs on Tuesday on relief that Greece had submitted reform plans and the dollar was firmer on expectations that Fed chair Janet Yellen would keep the bank nudging towards U.S. rate hikes. The dollar gained 0.4 percent to 119.34 yen and was up roughly 0.15...

  • BRUSSELS, Feb 24- A sharp drop in energy prices pulled January's euro zone consumer prices to levels last seen during the global financial crisis, with only tiny Malta and Austria escaping deflation. Deflation was deepest in Greece in January, followed by Spain, while almost all euro zone countries had negative inflation rates, hurt by the biggest drop in energy...

  • TOKYO, Feb 24- Companies listed on the Tokyo Stock Exchange must have at least two outside board members from June, the bourse's operator said, under new rules aimed at improving corporate governance and attracting foreign investors. The announcement comes as the government of Prime Minister Shinzo Abe seeks to change corporate culture to attract double the...

  • Chief Executive Jeff Fairburn said the group's strong cash generation meant it would now pay out 95 pence a share to investors in April rather than July. However, shares in Persimmon were down 4.4 percent at 1,635 pence at 0927 GMT, the biggest fall in the FTSE 100 index, with Liberum analysts saying investors were disappointed more of the capital return was not...

  • BERLIN, Feb 24- Greece has pledged to not roll back any ongoing or completed privatizations and ensure that any efforts to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday. Athens sent the list of reforms to its European Union and International Monetary Fund creditors late on...

  • *Jyske Bank falls after unexpected 4 Q loss. *BHP, Telefonica Deutschland rally after results. Denmark's Jyske Bank fell 6.8 percent after it swung to an unexpected loss in the fourth quarter, weighed down by hefty charges for non-performing loans.

  • A Reuters survey forecast figures from the American Petroleum Institute on Tuesday, and the U.S. Department of Energy's Energy Information Administration, due to be published on Wednesday, would show U.S. crude stocks increased by 4 million barrels to a record high last week. Brent futures for April were down 50 cents at $58.40 a barrel by 0910 GMT, while U.S. crude...

  • The banks are HSBC Holdings Plc, Bank of Nova Scotia, Barclays Plc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, JPMorgan Chase& Co, Societe Generale, Standard Bank Group Ltd and UBS Group AG, the Journal said. The CFTC issued a subpoena to HSBC Bank USA in January seeking documents related to the bank's precious metals trading operations, HSBC said...

  • TOKYO, Feb 24- The lower house of parliament gave approval on Tuesday for an advocate of aggressive monetary easing to join the Bank of Japan's divided policy board, in a move regarded as supportive of Governor Haruhiko Kuroda's push for radical stimulus. Yutaka Harada, a 64- year-old Waseda University professor, will replace Ryuzo Miyao, also an academic, whose...

  • BERLIN/ BOEBLINGEN, Feb 24- An inflation-busting wage deal for Germany's biggest labor union agreed on Tuesday looks set to boost household spending this year after consumer activity propelled strong growth in Europe's largest economy at the end of 2014.. Germany is under pressure to increase wages and invest more to help reduce economic imbalances and...

  • FOREX-New Zealand dollar sags, eyes on Fed's Yellen Tuesday, 24 Feb 2015 | 4:04 AM ET

    *Greece presents reform plan on Tuesday. LONDON, Feb 24- The New Zealand dollar was the biggest mover on major currency markets on Monday, diving more than one percent against its U.S. counterpart after a drop in inflation expectations. The yen inched lower against the dollar and the euro was steady as investors awaited the next stage in talks over a temporary...

  • LONDON, Feb 24- British aircraft parts supplier Meggitt maintained its outlook for this year and said it was comfortable with medium-term guidance after reporting an expected 13 percent fall in annual profit following a tough 2014.. For 2015, Meggitt forecast organic revenue growth in the low to mid-single digit percentage points, in line with what it said in...