MARKETS

Saudi Arabia's oil minister earlier said it is not sole responsibility of Opec to raise oil prices.

Five new oil reserves can ensure more than one month of supply in India in case of disruptions.

But gains could be short-lived, as rising supplies may weigh on prices again.

Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia and SocGen to contribute to the new LBMA Gold Price benchmark.

US dollar is set to extend its rally against emerging market (EM) currencies over the next 12 months.

Tighter Fed policy will not cause much damage this time in India, according to ICICI Securities PD.

Potential suitors circling the Asian commodities giant, to take advantage of its recent share price drop.

The iconic second-hand car website is selling shares at 235p.

Allianz hedges a part of its stake in CPIC, locking-in profits from investments made in China's third-largest insurer.

State-owned Indian Oil and Hindustan Petroleum to import eight million barrels of Iraqi oil.

Markets continue to expect the Fed to keep its rate path divergence towards the hawkish side from other major central banks.

LME will work with the Turkish bourse to develop products for the steel market.

Turkey has launched a $10bn (£6.8bn) project to pipe Azeri gas to Western markets.

Citigroup could sell portions of its Argentine custody business or end some customer relationships.

North American companies' losses increased by 53% to $27.13bn in 2014.

Starting 20 March, the gold price fixing will be through a screen-based electronic fixing system.

Spot brent is down 13%, gold down 4.5% from pre-NFP levels after jobs data, ahead of Fed review.

Osborne is sure to mimic Mr Robertson in giving us all some jam today in the budget.

Eurozone's ZEW economic sentiment index improved to 62.4 from 52.7 in February when the consensus was 58.9.

The bottler of Innocent Smoothies and Del Monte fruit juices could raise some €594m through the public offering.

Government must announce bold oil tax changes in the budget to inject new life into the battered North Sea.

Lifting the ban will generate $86bn more per year in GDP on average from 2016-2030, according to an IHS report.

RBA board members are of the view that the need for further rate cuts will emerge.

Swiss trading house stepped up dealings with Rosneft in February.

US crude oil price falls to six-year low on Monday in New York.

Opec cartel maintained production in bid to protect market share after oil price collapsed in 2014.

Legend has tapped UBS and mainland investment bank China International Capital for its planned IPO.

Shanghai-traded automotive glass maker Fuyao Glass Industry Group has a market capitalisation of some $4.8bn.

The WPI index fell 2.09% compared to the 0.39% drop in January and market consensus of around 0.7% fall.