Eastern Europe
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Having tried and failed to become a major financial center, Moscow is trying yet again — only this time it finds itself competing for business with Warsaw, not London, Tokyo and New York, the New York Times reports.
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LONDON/ SEOUL, April 5- North Korea warned on Friday it could not guarantee the safety of diplomats after next Wednesday and asked embassies to consider moving staff out of the country, European diplomats said, amid high tension on the Korean peninsula.
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*Cargill, JBS, Maple Leaf Foods, Olymel biggest Canada packers. MOSCOW, April 5- Russia plans to ban meat imports from most Canadian and Mexican suppliers from April 8 over concerns about the use of the feed additive ractopamine, Russia's veterinary and phytosanitary service said on Friday.
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NEW YORK, April 5- Brent crude oil fell to an eight-month low below $105 a barrel on Friday as data showed a much sharper slowdown in hiring by U.S. employers than analysts had expected, feeding worries about the economy and potential fuel demand.
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LONDON/ SEOUL, April 5- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.
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Successive Slovenian governments have refused to privatize the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country center stage in the euro zone debt crisis.
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An apt symbol, as Slovenia comes under growing pressure to seek a bailout to fill a financial hole, just as Cyprus did last month. The countries are different in many ways, but they have at least two things in common: like Cyprus, Slovenia needs to recapitalise its biggest banks, and it does not have the money to do so.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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*North Korea asks embassies to close- Russia says. LONDON/ SEOUL, April 5- North Korea has asked embassies in Pyongyang that might wish to get staff out if there is a war to submit plans to it by April 10, Britain said on Friday, as it upped the pressure as part of a war of words that has set the Korean peninsula on edge.
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*Japan stimulus demand seen driving euro zone yield drop. LONDON, April 5- Investors cash fleeing Japan's massive stimulus plans in search of higher returns lifted yields on Friday to record levels on government bonds across the euro zone.
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*Germany's DAX falls sharply on technical factors. LONDON, April 5- European shares fell to a one-month low in choppy trading on Friday, with selling aggravated by a sharp fall in the German DAX index and last-minute concerns that U.S. jobs data could disappoint.
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*Korea tensions, Iran talks eyed. LONDON, April 5- Brent crude oil steadied close to five-month lows around $106 per barrel on Friday as bleak U.S. data and bulging inventories dimmed the outlook for demand.
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Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent steadied above $106 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week since December as bleak U.S. data and bulging inventories dimmed the outlook for demand.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent crude rose 13 cents to $106.47 a barrel by 0436 GMT, off an earlier high of $106.65.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent rose 14 cents to $106.48 a barrel by 0236 GMT, off an earlier high of $106.65.
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*Tele2 says deal is closed, eight days after unveiled. *Vimpelcom, a Fridman investment, has bid for Tele2 unit, alongside MTS. Fridman is linked with two bids for the Russian unit of Nordic operator Tele2- one from his A1 vehicle and the other, at a higher price, from MTS and Vimpelcom, in which he is a leading investor.
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**Deutsche Telekom is looking into improving the terms of a proposed merger of its T-Mobile USA unit with MetroPCS Communications PCS.N as a last resort to win over shareholders ahead of a vote on the deal next week, two people familiar with Deutsche Telekom's thinking said.
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LONDON, April 4- The International Energy Agency will invite China and other emerging economies to take part in key strategic talks, sources in the IEA said, in a bid to strengthen ties with non-members whose share in global oil demand has rapidly grown.
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*Corn market struggles to find a bottom after USDA stocks data. CHICAGO, April 4- U.S. corn futures fell to a nine-month low Thursday on continued technical selling and fund liquidation, while soybeans hit a 10- month low on worries that bird flu cases in China may slow feed demand there, traders said.