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  • April 20- Perfume maker Coty Inc said Elio Sceti, the chief executive of Europe's largest frozen foods company Iglo Foods Holdings Ltd, would join the company as CEO in July. Shares of Coty, which makes perfumes for fashion brands such as Calvin Klein and Marc Jacobs, rose as much as 3 percent to a record high of $25.72. "Sceti appears to be exactly the type of candidate...

  • Tensions in the Middle East and a drop last week in the number of rigs drilling for oil in the United States also put a floor beneath U.K. North Sea Brent and U.S. crude futures, traders said. Brent, the more widely-referenced benchmark, was up 10 cents at $63.55 a barrel by 11:53 a.m. EDT, after falling more than $1 earlier. "The market was bouncing around looking for...

  • Treasuries prices fell on Monday as stronger U.S. stock prices reduced safe-haven demand for bonds, though traders remained wary about the future of cash-strapped Greece staying in the euro zone bloc. "There was a flight-to-quality bid before last weekend from Greece. The three major Wall Street indexes opened higher on upbeat earnings from Morgan Stanley...

  • *Euro slips on Greece worries, dollar. NEW YORK, April 20- European and U.S. stocks rose on Monday after China announced economic stimulus measures while the euro fell against the dollar on worries Greece may default. "What's helped the market today is the story about more stimulus in China," said Rick Meckler, President of LibertyView Capital Management in Jersey...

  • LONDON, April 20- German 10- year borrowing costs resumed a fall towards zero on Monday, with worries about Greece exiting the euro zone increasing demand for top-rated assets and with the ECB's bond-buying programme quashes yields. Belgium became the sixth euro zone country to sell five-year bonds at a negative yield after Finland, Germany, Austria, the...

  • LONDON, April 20- Emerging markets got off to a choppy start on Monday following China's surprise policy easing move at the weekend, although equities and currencies in Russia and central Europe traded firmer. The MSCI emerging stocks index slipped 0.5 percent while the Asian ex- Japan benchmark fell 0.9 percent, with Hong Kong's Han Seng ending 2 percent down.

  • *China move boost Aussie, euro down on Greece worries. LONDON, April 20- Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default. This, in turn, contributed to an early rise in European shares,...

  • SEOUL, April 20- South Korean oil refiners are taking more crude from Latin America and Europe and buying more spot volumes to put pressure on Middle Eastern suppliers to lower their official prices. And with South Korea expanding such trade deals, including one already signed with oil producer Colombia and one sought with Ecuador, the purchases from other...

  • TOKYO, April 20- An index of Asian shares slipped on Monday and Chinese stock markets erased earlier sharp gains made after China's central bank boosted banks' lending power by reducing their reserve requirements. Britain's FTSE 100 was seen to open 35 to 36 points higher, or up 0.5 percent; Germany's DAX to open 23 to 25 points higher, or up 0.2 percent; and France's...

  • *China shares rise after Beijing cuts banks' reserve requirements. TOKYO, April 20- Stock markets in China and Japan rose on Monday after Beijing's latest stimulus to shore up the world's second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. "There's no need for markets to worry too much because of the weakness in global...

  • China stocks boosted by central bank action Sunday, 19 Apr 2015 | 11:43 PM ET

    SEOUL, South Korea— Shanghai stocks rose Monday after China's central bank announced a boost for the slowing Chinese economy. CHINA STIMULUS: China's central bank on Sunday cut the required reserve ratio for banks by 1 percentage point to stimulate lending into a slowing economy. THE QUOTE: Cuts in China's reserve ratio were expected throughout 2015 but "the...

  • *China cuts banks' reserve requirements. TOKYO, April 20- Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment. Fed is now being augmented by money from China as the capital account is liberalized, "said Sean Darby,...

  • Greek 'day of reckoning' shakes stock markets Friday, 17 Apr 2015 | 4:11 PM ET

    NEW YORK— U.S. stocks are closing broadly lower following steep declines in Europe. Investors are worried that Greece may default on its debt and exit the euro currency union. In the U.S., American Express and other companies fell after releasing disappointing results.

  • NEW YORK— U.S. stocks are moving lower in midday trading following steep declines in Europe and some disappointing results from big companies. Investors are worried about Greece's shaky finances and news from China Friday that regulators would tighten rules on borrowing by investors to buy stocks following big gains this year. In the U.S., American Express...

  • *Wall Street, European shares also hit by corporate earnings. NEW YORK, April 17- Global equity markets fell on Friday as a crackdown on margin lending in China sent ripples around the world, while the dollar gained on rising U.S. consumer price data that should keep the Federal Reserve on track to raise interest rates this year. Stocks in Europe and on Wall Street...

  • Greek 'day of reckoning' shakes stock markets Friday, 17 Apr 2015 | 10:30 AM ET

    NEW YORK— Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and its international lenders are making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. "The day of reckoning" for Greece is fast approaching, said Uri...

  • NEW YORK— Stocks are opening lower in the U.S. following steep declines in Europe and some disappointing results from big companies. American Express slumped 4 percent early Friday, the most in the Dow Jones industrial average, after reporting revenue that missed analysts' forecasts. Honeywell fell 2 percent after its revenue also fell short.

  • Seagate meets 3Q profit forecasts Friday, 17 Apr 2015 | 8:09 AM ET

    DUBLIN _ Seagate Technology PLC on Friday reported fiscal third-quarter net income of $291 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of $1.08 per share. Seagate shares have fallen 16 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 2 percent.

  • *Cheap central-bank cash offsets nerves over Greece. LONDON, April 17- Global equities were set for their third straight weekly gain on Friday, hovering near fresh all-time highs as cheap central bank cash kept buoying markets and offset fears that Greece may run out of money as debt repayments loom. The possibility that Athens might not be able to meet payments...

  • SEOUL, South Korea— Global stock markets were mostly lower on Friday while stocks in mainland China extended their gains on expectations of further policy easing. KEEPING SCORE: European markets opened mixed with Britain's FTSE 100 up 0.4 percent at 7,090.82 and France's CAC 40 adding 0.1 percent to 5,227.91. CHINA STIMULUS: Stocks in Shanghai continued their...