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  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • *Action comes hours after Russia revives Red Square May Day parade.

  • *Russia holds first May Day parade on Red Square since 1991. *Parade held against background of Ukraine crisis.

  • Putin's real power     Thursday, 1 May 2014 | 3:19 PM ET

    John Hofmeister, former Shell Oil president, says Russian President Vladimir Putin has spent years developing energy companies' trust in Russia and wouldn't want to break that. Chris Faulkner, Breitling Oil CEO, discusses the impact to oil price in the U.S.

  • Putin watching impact to Gasprom, Rosneft     Thursday, 1 May 2014 | 3:17 PM ET

    CNBC's Jackie DeAngelis reports on what Russian President Vladimir Putin told reporters in response to U.S. sanctions.

  • Big Oil dollars flow into Ukraine, despite conflict Thursday, 1 May 2014 | 2:04 PM ET
    Yuriy Boyko.

    Conflict with Russia has not stopped U.S. and European energy giants from exploring investments in Ukraine's fledgling energy sector.

  • KIEV, May 1- The International Monetary Fund's board has signed off on a $17 billion bailout for Ukraine to boost the former Soviet state's failing economy, weakened by months of upheaval and a stand-off with Moscow that has triggered the worst East-West crisis since the Cold War.

  • *Russia holds first May Day parade on Red Square since 1991. MOSCOW/ DONETSK, May 1- Russia staged a huge May Day parade on Moscow's Red Square for the first time since the Soviet era on Thursday, with workers holding banners proclaiming support for President Vladimir Putin after the seizure of territory from neighbouring Ukraine.

  • That was down to growing tensions between Moscow and the West over Russia's annexation of Crimea and its alleged support for pro- Russia separatists elsewhere in Ukraine. Developing sovereigns raised around $16 billion in April, bringing the year-to-date total to $50 billion, according to JPMorgan, which runs the most widely used emerging debt indices.

  • Ukraine: Europe needs to 'stop and think'     Thursday, 1 May 2014 | 11:00 AM ET

    Nader Mousavizadeh, geopolitical analyst at Macro Advisory Partners, says that due to the Ukraine crisis, relations between the West and Russia are nearing a point of no return.

  • SpaceX to govt: Stop buying Russian rocket engines Thursday, 1 May 2014 | 6:40 AM ET
    A SpaceX Falcon 9 rocket, attached to the Dragon, a cargo-only capsule, lifts off from the launchpad in Cape Canaveral, Florida

    A court injunction prohibited two firms from proceeding with plans to buy Russian rocket engines used to send U.S. Air Force satellites into space.

  • KIEV, May 1- The International Monetary Fund's board has signed off on a $17 billion bailout for Ukraine to boost the former Soviet state's failing economy, weakened by months of upheaval and a stand-off with Moscow that has triggered the worst East-West crisis since the Cold War.

  • *Ukraine says Russia behind uprising in east. KIEV, May 1- Ukraine said on Thursday it had detained Russia's military attaché to Kiev on suspicion of spying and ordered him to leave, as the ex-Soviet republic wrestles with an armed uprising it says is orchestrated by Moscow.

  • Russia 'probably in recession': Pro     Thursday, 1 May 2014 | 4:20 AM ET

    Neil Shearing, chief emerging markets economist at Capital Economics, says Russia is probably in recession and that despite the IMF program, it will be very difficult to see economic stability in Ukraine.

  • Court of Federal Claims judge issued an injunction late Wednesday prohibiting a joint venture between Lockheed Martin Corp and Boeing from proceeding with plans to buy Russian-made rocket engines used to send U.S. Air Force satellites into space.

  • Edmund Shing, global equity portfolio manager at BCS Financial Group, says he is not concerned about the impact that the Ukraine crisis is having on investing.

  • The IMF aid will allow the immediate disbursement of $3.2 billion to Kiev and unlock further credits from other donors of about $15 billion, intended to help Ukraine stabilize its economy in the middle of its worst civil turmoil since independence in 1991..

  • SINGAPORE, May 1- U.S. crude held below $100 a barrel on Thursday, after slipping more than $1 in the previous session to hit a one-month low as crude inventories in the United States rose to a new all-time high last week.

  • WASHINGTON, April 30- The International Monetary Fund's board signed off on a $17 billion two-year aid program for Ukraine on Wednesday to help the former Soviet republic's economy recover after months of turmoil.

  • UPDATE 1-IMF approves $17 billion bailout for Ukraine Wednesday, 30 Apr 2014 | 5:25 PM ET

    WASHINGTON, April 30- The International Monetary Fund's board signed off on a $17 billion two-year aid program for Ukraine on Wednesday to help the ex-Soviet republic's economy recover after months of turmoil.