 |  | CHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs. |  |
 | NEW YORK (Reuters) - U.S. stocks rose on Friday boosted by strong industrial output numbers though Wall Street's three major indexes posted losses for the week. |  |
 | NEW YORK (Reuters) - Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose and investors covered short bets ahead of a weekend in which the U.S. news program "60 Minutes" will air an interview with Saudi Arabia's crown prince. |  |
 | SEATTLE (Reuters) - The smallest member of Boeing Co's upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began a maiden flight on Friday, the start of several months of trials before entering service next year, the company said. |  |
 | NEW YORK (Reuters) - Oil prices rallied on Friday afternoon ahead of a much-anticipated television interview with Saudi Arabia's crown prince, while Wall Street rose on strong economic data as U.S. stocks tried to end a rocky week on a high note. |  |
 | PARIS (Reuters) - French luxury goods group Kering has complied with its tax obligations in Switzerland, it said on Friday, responding to newspaper reports alleging that the company used a Swiss-based scheme to evade taxes on earnings from brands such as Gucci and Yves Saint Laurent. |  |
 | SAN FRANCISCO (Reuters) - A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes. |  |
 | FRANKFURT (Reuters) - Shares in Siemens Healthineers gained as much as 7 percent in the medical equipment maker's stock market debut on Friday, boding well for a string of pending German flotations including asset manager DWS. |  |
 | WASHINGTON (Reuters) - U.S. industrial production surged in February, boosted by strong increases in output at factories and mines, but the economic outlook for the first quarter was dimmed by a larger-than-expected plunge in homebuilding last month. |  |
 | BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum. |  |
 | * ILG INC - ISSUED STATEMENT IN RESPONSE TO PUBLIC LETTER FROM FRONTFOUR CAPITAL GROUP ON MARCH 15 |  |
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