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Eastern Europe

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  • SYDNEY/ SINGAPORE, July 30- The dollar hovered near a six-month high against a basket of currencies on Wednesday as investors awaited a Federal Reserve policy decision and U.S. gross domestic product data due later in the day.

  • SYDNEY, July 30- Lead fell on Wednesday after a weaker technical close pushed investors to take profits and after the metal rose more than five percent this month as it slipstreamed zinc. *Three-month lead on the London Metal Exchange fell 1.1 percent to $2,241.50 by 0040 GMT adding to 1.4 percent losses from the previous session.

  • SINGAPORE, July 30- Gold was trading in a tight range below $1,300 an ounce on Wednesday, as investors nervously awaited the end of a Federal Reserve policy meeting to gauge the U.S. central bank's view on the economy and monetary policy.

  • WASHINGTON, July 29- President Barack Obama escalated U.S. economic sanctions against Russia on Tuesday for its aggression against Ukraine but dismissed suggestions the growing chill in U.S.-Russian relations marked the start of a new Cold War.

  • *EU reaches deal on Russia sanctions, prompts short rally. NEW YORK, July 29- Brent crude ended slightly higher on Tuesday as new sanctions on Russia looked set to worsen relations between Moscow and the West, while U.S. prices slipped after a Kansas refinery fire curbed demand for WTI crude.

  • NEW YORK, July 29- World equity markets fell on Tuesday while the dollar reached eight-month highs against the euro on expectations of positive U.S. economic data and a more hawkish tone from the Federal Reserve.

  • *Merck up as results beat expectations, but Pfizer slips. United Parcel Service shares fell 3.7 percent to $98.86 after the world's biggest courier company slashed its earnings forecast for the year due to spending to boost capacity. Rival shipping company FedEx Corp was down 1.6 percent at $147.14.

  • WASHINGTON, July 29- President Barack Obama said on Tuesday the United States has expanded sanctions against Russia over its support for rebels in eastern Ukraine, unveiling the steps after the EU agreed to its own new measures against Moscow hours earlier.

  • NEW YORK, July 29- The U.S. dollar hit fresh eight-month highs against the euro on Tuesday and advanced against the yen and Swiss franc on expectations for positive U.S. economic data and a potentially more hawkish tone from the Federal Reserve.

  • HOUSTON/ BAGHDAD, July 29- Iraq scrambled to gain control of a cargo of Kurdish oil worth $100 million off the Texas coast on Tuesday after the U.S. ordered its seizure in a bid by Baghdad to halt oil sales by the autonomous region of Kurdistan.

  • WASHINGTON, July 29- The United States on Tuesday slapped sanctions on VTB, the Bank of Moscow, the Russian Agriculture Bank and the United Shipbuilding Corp over Moscow's support for separatists in eastern Ukraine, the Treasury Department said.

  • Obama to announce US sanctions on Russia Tuesday, 29 Jul 2014 | 2:31 PM ET

    According to the Treasury Department, the U.S. penalties target the Bank of Moscow, the Russian Agricultural Bank and VTB Bank. Also listed on the Treasury designation is the United Shipbuilding Corp., which is based in St. Petersburg, Russia. Ahead of Obama's announcement, White House spokesman Josh Earnest welcomed the European sanctions.

  • *Has said he will fight if Russia resists paying $50 bln claim. MOSCOW/ TEL AVIV, July 29- Former Yukos executive and top shareholder Leonid Nevzlin will face an uphill struggle getting any of the money he lost when the Russian oil giant was seized and nationalized after falling foul of the Kremlin.

  • BERLIN/ FRANKFURT, July 29- The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.

  • BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.

  • HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.

  • AMSTERDAM, July 29- Dutch Foreign Minister Frans Timmermans said on Tuesday that sanctions on Russian capital markets being considered by European Union member states in response to the Ukraine crisis would have a "far-reaching and immediate effect".

  • VIENNA, July 29- Austrian businesses would back tougher economic sanctions against Russia should Europe go down that path, even though such measures will likely be counterproductive, the head of the country's Chamber of Commerce said on Tuesday.

  • LONDON, July 29- Gold turned lower on Tuesday as uncertainty before a Federal Reserve policy meeting and key U.S. data later this week pulled the metal back from a one-week high hit on the back of violence in the Middle East and Ukraine. Gold is highly sensitive to any changes in U.S. monetary policy.

  • AMSTERDAM, July 29- Dutch Foreign Minister Frans Timmermans said on Tuesday that sanctions on Russian capital markets being considered by European Union member states in response to the Ukraine crisis would have an immediate effect.