Vincent Bolloré, CEO of Bolloré Group, hopes to solve London's traffic and pollution problem with an electric car rental service.» Read More
Treasury Secretary Jack Lew testifies on the White House fiscal 2015 budget proposal before the House Budget Committee- 1400 GMT.
*Few governments use stolen document database- Interpol. The international police agency Interpol said only a handful of governments from its 190 member countries actually made use of the database at its headquarters in Lyon, France.
GENEVA, March 12- Global airlines expect to make $1 billion less profit this year than previously hoped, denting a U.S.-led recovery, as the Ukraine crisis pushes up the industry's fuel bills, the International Air Transport Association said on Wednesday.
*Germany's Schaeuble points to differences. BRUSSELS, March 11- European ministers agreed on Tuesday to strengthen a scheme to tackle troubled banks, seeking to win the blessing of EU lawmakers for a reform to fortify the euro zone against crises. It could even fall to European Union leaders, who meet in Brussels on March 20-21, to decide.
*USDA report, China trade data trigger soy setback. LONDON, March 11- Soybean prices fell on Tuesday, extending the prior session's steep setback on smaller-than-expected reductions in U.S. Department of Agriculture estimates of domestic stocks and South American production.
Broader market sentiment, however, was still undermined by a crisis in Ukraine, where confrontation between Kiev and Moscow showed no sign of easing. The Dax had fallen 2.9 percent in the previous two sessions, dragged down by worries about Ukraine and by disappointing Chinese trade data.
PARIS, March 11- The recovery in developed economies is on track although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the OECD said on Tuesday.
*Portugal leads risers as sovereign yields fall to 4- year lows. LONDON, March 11- European shares steadied after a two-day slide on Tuesday, with concerns over the Ukraine crisis sapping appetite for risk, although Portuguese stocks outperformed on mounting bets for a turnaround in the country's finances.
LONDON- Bank of England Governor Mark Carney and Executive Director for Markets Paul Fisher will speak on the Inflation Report at Treasury Select Committee- 0930 GMT. Assistant Secretary for Tax Policy Mark Mazur will deliver remarks at the 2014 National Congress of American Indians Executive Council Winter Session.
PARIS, March 10- French companies see little hope for domestic growth this year and are stepping up efforts to cut costs and fine-tune product lines to contend with stubbornly tough market conditions.
March 10- Minerals Technologies Inc said on Monday it would buy Amcol International Corp, which produces a type of clay used in everything from cosmetics to oil drilling, for about $1.7 billion as Imerys SA bowed out of a month-long bidding war.
*Traders squaring positions ahead of USDA supply-demand report. At 9:42 a.m. CDT, Chicago Board of Trade May soybean futures were down 14-1/ 2 cents at $14.43-1/ 4 a bushel. CBOT May corn was down 3 cents at $4.86 a bushel and CBOT May soft red winter wheat was 2 cents lower at $6.52 a bushel.
*Minerals to buy Amcol for $1.7 bln. March 10- Minerals Technologies Inc said it would buy Amcol International Corp for about $1.7 billion, after Paris- based Imerys SA failed to match Minerals' sweetened bid of $45.75 per share.
March 10- Minerals Technologies Inc said it would buy Amcol International Corp for about $1.7 billion, after Paris- based Imerys SA failed to match Minerals' sweetened bid of $45.75 per share. Amcol had previously asked Imerys to match Minerals' offer of $45.75 per share. Amcol shares fell 2 percent to $45.69 in early trading on Monday.
*Copper and oil hit by China, U.S. jobs data knocks gold. LONDON, March 10- World stocks edged off a six-year peak and commodities from copper to crude oil tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
"Europe is about three years behind the United States. The recovery both in the macroeconomy and stock prices is lagging, that's why U.S. investors are coming in now, "said Joseph Oughourlian, CEO of London- based hedge fund Amber Capital.
*CAC 40 to outperform DAX- Societe Generale's Kaloyan. PARIS, March 10- European shares rebounded on Monday after last week's sharp losses, led by a strong rally in French telecom shares following a deal between Bouygues and Iliad.
*Copper, oil hit by China, stronger US jobs knocks gold. LONDON, March 10- World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
March 9- The sudden disappearance of a Malaysia Airlines jetliner with 239 people aboard represents one of the rarest kinds of aviation disaster, and the mystery is compounded by uncertainty about which country's jurisdiction the plane came down in.
PARIS- Federal Reserve Bank of Philadelphia President Charles Plosser participates in the Global Interdependence Center "Monetary Policy& Banks and the Rise of Global Protectionism" conference in Paris, France- 0945 GMT.