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Australia shares slip as investors take profits below 6,000 level

* Follows gains last week (Adds analysis, quotes, stocks on the move)

UPDATE 2-ChemChina to buy Italian tyre maker Pirelli in $7.7 bln deal

* Pirelli truck unit to be merged with ChemChina's AEOLUS (Adds statement)

UPDATE 1-UN warns Yemen conflict could become Iraq-Libya-Syria scenario

UNITED NATIONS, March 22 (Reuters) - The United Nations warned on Sunday that Yemen's conflict could become an "Iraq-Libya-Syria" scenario if either side pushes for control of the country, prompting the U.N. Security Council to threaten further measures if the hostilities do not end.

UPDATE 3-Houthis seize strategic Yemeni city, escalating power struggle

* U.N. mediator warns of "Iraq-Libya-Syria" scenario (Adds U.N. mediator, Security Council meeting, paragraphs 9-11)

U.S. gas prices fall 4 cents, ending weeks of increases -survey

NEW YORK, March 22 (Reuters) - The average price of regular grade gasoline fell 4 cents in the past two weeks, bringing it to $2.50 per gallon, according to the Lundberg survey released on Sunday.

UN says Libya talks extended despite clashes

SKHIRAT, Morocco, March 22 (Reuters) - Libyan peace talks in Morocco between two rival governments, expected to end on Sunday, will be extended for two more days despite clashes on the ground.

U.N. Security Council condemns Houthi actions in Yemen, threatens further measures

UNITED NATIONS, March 22 (Reuters) - The United Nations Security Council will on Sunday condemn the takeover of much of Yemen and its institutions by the Shi'ite Muslim Houthi militia and warn of "further measures" if hostilities do not end, diplomats said.

UPDATE 1-Saudi Arabia's OPEC governor: tough to hit $100-$120 oil again

RIYADH, March 22 (Reuters) - Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday it would be hard for oil to reach $100-$120 per barrel - the peaks it hit last year before falling sharply due to a glut of crude and weakening demand.

Bilfinger investigates bribe allegations around Brazil World Cup order

BERLIN, March 22 (Reuters) - German engineering and services firm Bilfinger is investigating whether employees of a subsidiary paid bribes to public officials in Brazil in connection with orders related to the World Cup.

CORRECTED-UPDATE 2-Houthis seize strategic Yemeni city, escalating power struggle

ADEN, March 22 (Reuters) - Houthi fighters opposed to Yemen's president took over the central city of Taiz in an escalation of a power struggle diplomats say risks drawing in neighbouring oil giant Saudi Arabia and its main regional rival Iran.

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