CNBC's Michelle Caruso-Cabrera reports how business overseas is being impacted by the Ukraine-Russia crisis.» Read More
President Obama hosts Ukraine Prime Minister Arseniy Yatsenyuk at the White House to address solutions to the Ukraine crisis, as well as the Ukraine economy.
President Obama welcomes Ukraine Prime Minister Arseniy Yatsenyuk to the White House to discuss a way to head off the crisis in Ukraine and to ensure that the Ukrainian people can choose their direction for the future.
WASHINGTON, March 12- The United States will hold the first test sale of crude from its emergency oil stockpile since 1990, offering a modest 5 million barrels in what some observers saw as a subtle message to Russia from the Obama administration.
*Copper's fall compounds concerns over China slowdown. NEW YORK, March 12- U.S. crude oil fell by more than 2 percent on Wednesday, its biggest drop in two months, after the United States announced unexpected plans for a "test" release of strategic oil reserves while weekly data showed a big rise in crude stockpiles.
STAVANGER/ LONDON, March 12- Norway could increase gas supplies to Europe to make up for the amount lost if Russia cuts off flows through Ukraine, but it could provide that help only for a day or two.
MOSCOW, March 12- Russia's largest bank Sberbank has postponed a business conference until the autumn due to uncertainty about Ukraine and the country's economy, the bank said on Wednesday.
David Hauner, head of EEMEA fixed income and economics at Bank of America Merrill Lynch, says Russian president Vladimir Putin's move into the Crimea is "defensive" and he is interested in maintaining influence in Ukraine.
Sweden's foreign minister, Carl Bildt, discusses the West-versus-Russia confrontation ongoing in Ukraine's Crimea region.
NEW YORK, March 12- U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions surrounding Ukraine.
Vodka magnate Yuri Scheffler, visiting in New York, says he feels sorry for Ukraine. "There is only one law in Russia, and it's called 'Putin.'"
MOSCOW, March 12- Russian mobile phone operator Vimpelcom has become the latest company to come under scrutiny over its operations in Uzbekistan, an authoritarian country where rival MTS had its assets confiscated.
MOSCOW, March 12- President Vladimir Putin's engagement in Ukraine threatens to divert Russia's central bank from its goals of inflation-targeting and freeing up the rouble currency, undermining the credibility it has built up.
*EPL Oil to be acquired by Energy XXI for $2.3 bln. NEW YORK, March 12- U.S. stocks declined on Wednesday, putting the S&P 500 on track for a third straight decline after its most recent record high, as concerns grew over the strength of China's economy. London copper, seen as a proxy for China's economic health, fell for a fourth day to its lowest level since July 2010.
BRUSSELS, March 12- European Union member states have agreed the wording of sanctions on Russia, including travel restrictions and asset freezes against those responsible for violating the sovereignty of Ukraine, according to a draft document reviewed by Reuters.
AMMAN, March 12- Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills.
*EPL Oil to be acquired by Energy XXI for $2.3 bln. NEW YORK, March 12- U.S. stocks were poised to fall at the open, putting the S&P 500 on track for a third straight decline, as concerns grew over the strength of China's economy.
The leaders of the G-7 nations said Wednesday they will not recognize the results of a coming referendum on Crimea's status.
Ukraine prime minister will visit the White House as President Obama searches for a way to head off the crisis in Ukraine.
*EPL Oil to be acquired by Energy XXI for $2.3 bln. NEW YORK, March 12- U.S. stock index futures fell on Wednesday, putting the S&P 500 on track for a third day of declines, as concerns grew over the strength of China's economy.
*Asian shares lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. U.S. crude lost $1.43 to trade at $98.60 by 0930 GMT on industry data that showed crude stocks in top oil burner the United States rose more than forecast, signalling a slowdown in demand as the weather improved.