So far no other prominent Western brand has reported extra scrutiny from the Russian authorities, but some say they are worried.» Read More
TOKYO, Aug 19- The dollar held firm on Tuesday after a solid U.S. housing data and a rise in U.S. bond yields on the back of hopes of an easing of geopolitical tensions.
SINGAPORE, Aug 19- Gold retained overnight losses to trade below $1,300 an ounce on Tuesday, as safe-haven demand for the metal was curbed by an apparent easing of tensions in Ukraine that boosted equities and the dollar.
Hermitage Capital Management CEO, Bill Browder, says invading Ukraine is increasing Vladimir Putin's popularity and he is not backing down from his move on Eastern Europe anytime soon.
MOSCOW, Aug 18- Russian Urals crude weakened for an eight straight trading day on Monday due to weak European refining demand, falling well below $100 a barrel for the first time in a year in a move to increase the pain for Russian state finances amid Western sanctions.
PARIS, Aug 18- European shares rallied on Monday as the market was encouraged by diplomatic efforts at the weekend to try and ease tension in Ukraine.
Though tensions eased in Ukraine on Monday, it seems unlikely the conflict will end any time soon, observers told CNBC.
*Kurdish forces make progress in Iraq against militants. NEW YORK, Aug 18- Brent crude oil sunk by more than $2 a barrel to its lowest price in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.
Ben Willis of Princeton Securities, explains why Friday's news out of Ukraine was a buying opportunity for investors on Wall Street.
David Gordon, Eurasia Group chairman, discusses a solution to the crisis in Ukraine and how the conflict is impacting the U.S. stock market.
*Libya raises oil output to 535,000 bpd. *Kurdish forces make progress in Iraq against militants. LONDON, Aug 18- Oil fell below $102 a barrel to its lowest in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.
Providing insight to Vladimir Putin's objective in Ukraine, with former U.S. ambassador to Russia, Thomas Pickering.
Discussing the shale revolution in the U.S. and where oil prices are going, with former Gulf Oil CEO Joe Petrowski.
*Competition set to rise in Middle East, Asia. As the European Union's second biggest apple producer, Poland has some 700,000 tonnes of the fruit it usually sells to Russia but can't, because Moscow has a food embargo on many EU and U.S. goods as part of tit-for-tat sanctions related to the Ukraine crisis.
CNBC's Jim Cramer discusses how the markets are being impacted by sloppy reporting coming out of Russia-Ukraine.
The West should be firm with Russia on Ukraine but should not pick a war, retired Gen. Stanley McChrystal tells CNBC.
PARIS, Aug 18- European shares rallied on Monday as the threat of wider conflict in Ukraine, which had appeared to escalate on Friday, showed signs of easing. Russia's Foreign Ministry said on Monday a "certain progress" was achieved during talks among Russia, Germany, France and Ukraine in Berlin on Sunday.
Stanley McChrystal, former commander of U.S. and international forces in Afghanistan, talks with CNBC about the Russia-Ukraine crisis and what's next in Iraq.
*Kurdish forces make progress in Iraq against militants. LONDON, Aug 18- Oil fell more than $1 a barrel to trade below $103 on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as higher Libyan oil output added to already ample supplies.
BRUSSELS— The European Commission is pledging 125 million euros to assist fruit and vegetable producers hit by Russia's ban on food imports from the 28- nation bloc. Russia's ban on EU food imports this month coincided with the harvesting season and led to a supply glut that is weighing on prices and causing losses for producers.
*Mercedes-Benz, with no Russia car production, could suffer. MOSCOW, Aug 18- Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, if the United States and the European Union impose additional sanctions on Moscow, daily newspaper Vedomosti reported on Monday.