The euro zone's new chief banking regulator has warned that some of the region's lenders have no future and should be allowed to die, the FT reports.» Read More
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.
*Countries grapple for deal to prevent embarrassing delay. BRUSSELS, March 10- European governments and lawmakers will try to reach a deal this week on how to wind down failing banks, clearing the way for a landmark reform as time runs out to win European Parliament approval before May elections.
FRANKFURT/ BRUSSELS, March 10- Political talks between EU officials and Russia on its South Stream gas pipeline to bypass Ukraine are on hold, while Gazprom's access to another vital link has stalled for technical reasons, the European Commission said on Monday.
*BASF's Wintershall, Mikhail Fridman, MOL still in the race- sources. With operations in 14 countries including Germany, Britain, Norway and Egypt, DEA employs nearly 1,400 and accounted for about 9 percent of RWE's operating profit last year.
*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.
SERRANIA DE PERIJA, Colombia, March 10- After enduring eight hours of machine-gunfire and bombs between leftist rebels and right-wing paramilitaries, Maura Leonor Vega and her husband fled their home of four decades in Colombia's Andes for the shelter of the nearest town.
*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.
MALABO, March 10- On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.
March 10- German health regulators have granted Northwest Biotherapeutics Inc special permission to sell its experimental brain cancer drug, DCVax-L, in the country, even though the small U.S. biotechnology company has not yet completed its late-stage trial of the immunotherapy.
SOFIA, March 10- Bulgaria hasn't stopped preliminary work on the Russian-led South Stream gas pipeline project, its prime minister said on Monday, but Sofia was "closely monitoring" relations between Brussels and Moscow over the turmoil 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.
SOFIA, March 10- Bulgaria hasn't stopped preliminary work on the Russian-led South Stream gas pipeline project, its prime minister said on Monday, but added Sofia was "closely monitoring" relations between Brussels and Moscow over the turmoil in Ukraine.
SINGAPORE, March 10- Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.
*Malaysia Airlines says "fearing the worst". KUALA LUMPUR/ PHU QUOC ISLAND, Vietnam, March 9- M alaysia Airlines said it was "fearing the worst" on Sunday for a plane carrying 239 people that went missing more than 24 hours ago, as the government said it was investigating four passengers who may have held false identity documents.
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.
*Malaysia Airlines flight loses contact hour after takeoff. KUALA LUMPUR/ HO CHI MINH CITY, March 9- A Malaysia Airlines flight carrying 227 passengers and 12 crew was presumed to have crashed off the Vietnamese coast on Saturday, and European officials said two people on board were using false identities.