The U.S. will join the European Union this week in slapping new economic sanctions on Russia for its continued support of separatists in Ukraine.» Read More
*Russia accused by West of arming rebels in Ukraine. MOSCOW, July 29- Vladimir Putin risks becoming an international pariah over the Ukraine crisis but the Russian president is battening down the hatches for the gathering economic and political storm.
MOSCOW, July 29- The rouble hit its lowest in over two months on Tuesday as investors awaited a new round of economic sanctions from the European Union over the Ukraine crisis, but Russian shares rose after steep falls in the previous session.
ST. PETERSBURG, Russia— The Pulkovo airport in Russia's St. Petersburg has been evacuated because of a bomb threat, police said Tuesday. Anna Fedoseyeva, spokeswoman for the airport in Russia's second-largest, city said the evacuation of passengers and staff began at 3 p.m. local time.
*New Zealand dollar slips as Fonterra cuts payout forecast. LONDON, July 29- Sterling fell to a six-week low against the dollar on Tuesday while the New Zealand dollar dropped almost half a percent as thin summer currency markets marked time before a slew of U.S. data due later in the week.
*Russia markets steadier after three days of selling, nerves remain. *China& Hong Kong shares buoyed by economic& stimulus hopes. LONDON, July 29- World shares hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in Chinese markets and beaten-down Russian stocks enjoyed some respite after three days of heavy selling.
PRAGUE— South Korea's Hyundai Mobis has signed a deal with the Czech government to build a car lights plant in the eastern part of the Czech Republic. Prime Minister Bohuslav Sobotka said Tuesday that Hyundai Mobis will invest up to 4 billion koruna in the factory to be built near the city of Ostrava.
DONETSK, Ukraine, July 29- On the last day of May, a surface-to-air rocket was signed out of a military base near Moscow where it had been stored for more than 20 years. Reuters was unable to verify its authenticity with the Russian military, and Moscow has consistently denied arming the separatists in eastern Ukraine.
LONDON, July 29- Gold hit its highest in nearly a week on Tuesday as violence flared in the Middle East and Ukraine, but gains were capped by uncertainty ahead of a Federal Reserve policy meeting and important U.S. data later this week.
*Renault cost-cutting boosts margin as sales decline. PARIS, July 29- Renault made progress towards a core profitability goal as cost-cutting helped to counter currency headwinds in the first half, the French carmaker said, but sales and cash flow suffered ahead of the replacement of key models.
MOSCOW, July 29- Russian stocks dipped in volatile trade on Tuesday, extending the previous day's huge losses as investors awaited a broad round of economic sanctions the European Union is preparing to impose on Russia over the Ukraine crisis. They will not look cheap at current levels, "said Geldy Soyunov, senior analyst at Alfa Bank in Moscow.
*Russia mkts steadier after three days of selling, nerves remain. *China& Hong Kong shares buoyed by economic& stimulus hopes. LONDON, July 29- World shares hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in Chinese markets and beaten-down Russian stocks enjoyed some relief after three days of heavy selling.
*BP results see muted reaction after Russia warning. EDINBURGH, July 29- European shares were unchanged on Tuesday, as encouraging corporate results were offset by the threat of economic fallout from more sanctions against Russia.
*BP the biggest foreign investor in Russia with Rosneft stake. LONDON, July 29- Oil and gas producer BP reported a sharp rise in second quarter profits on Tuesday but warned that further Western sanctions on Russia could harm its business there and its relationship with Russian state oil company Rosneft.
WASHINGTON— Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. Obama and U.S. allies also warned that Russia was building up troops and weaponry along its border with Ukraine.
RUSSIAN FOREIGN MINISTRY SAYS SANCTIONS IMPOSED ON MOSCOW BY JAPAN HARM BILATERAL RELATIONS- STATEMENT.
*Geopolitical tensions support $1,300- an-ounce level. SINGAPORE, July 29- Gold was little changed just above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors also focusing on U.S. jobs data and a Federal Reserve policy meeting this week.
SINGAPORE, July 29- Gold was little changed above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors waiting for cues from U.S. jobs data and a Federal Reserve policy meeting this week. *Gold, seen as a safe-haven asset, has benefited from tensions between the West and Russia.
*Ukraine- Russia tensions, Israel- Palestine cut gold's losses. NEW YORK/ LONDON, July 28- Gold was little changed on Monday as traders and investors awaited the outcome of a Federal Reserve policy meeting, while hazarding a guess on what U.S. jobs numbers for the month might be.
*Russia stocks tumble again after new sanctions. Wall Street ended flat as the latest deal news offset losses following soft data on the housing market and services sector.
*Traders eye this week's U.S. NEW YORK, July 28- The U.S. dollar traded mostly flat against a basket of major currencies on Monday, halting last week's advance but still hovering near six-month highs as traders awaited a glut of economic data and policy releases.