Vincent Bolloré, CEO of Bolloré Group, hopes to solve London's traffic and pollution problem with an electric car rental service.» Read More
STANFORD, United States- Federal Reserve vice-chair nominee Stanley Fischer speaks before a dinner at the Stanford Institute for Economic Policy Research Economic Summit 2014- 0145 GMT. STOCKHOLM- Sweden's central bank governor Stefan Ingves to give a speech on "Have we learned the lessons of earlier financial crises?"
March 13- Barclays is reviewing the size and shape of its investment bank, in a review that is expected to result in it shrinking and focusing on its most profitable areas, two people familiar with the matter said on Thursday. A spokesman for Barclays said there were no plans for any change in leadership in the investment bank.
KUALA LUMPUR/ WASHINGTON, March 14- Satellites picked up faint electronic pulses from Malaysia Airlines Flight 370 after it went missing on Saturday, but the signals gave no information about where the stray jet was heading and little else about its fate, two sources close to the investigation said on Thursday.
*Tensions over Ukraine, China slowdown fears lend support. NEW YORK/ LONDON, March 13- Gold rose to a six-month high on Thursday as fears of economic slowdown in China and lingering worries about Russia's standoff with Ukraine over Crimea dampened demand for riskier assets and boosted bullion's appeal.
*Arabica crawls toward 2- yr high on Brazil weather worries. NEW YORK/ LONDON, March 13- ICE arabica coffee futures rose and traded near a two-year high on weather-related crop concerns in top grower Brazil, while cocoa rallied the most since January and recovered the previous day's sharp losses on bargain-hunting.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked fears of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years to win back customers.
LONDON, March 13- Irish government bond yields hit record lows on Thursday as Dublin's first regular debt auction since its 2010 international bailout drew substantial demand, cementing a return to full access to borrowing markets.
*Russia restarts military exercise near Ukraine border. NEW YORK, March 13- Brent crude futures fell on Thursday as weaker-than-expected Chinese economic data offset worries about supply disruptions prompted by the stand-off between Russia and Western powers over Ukraine.
Austria has arrested Dmitry Firtash at the request of the U.S. - a move seen in Kiev as Washington putting pressure on Putin over Moscow's intervention in Crimea.
*Iran wants economic sanctions lifted. LONDON/ ANKARA, March xx- Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalised under U.S. sanctions, bankers and government officials told Reuters.
*Ukraine, China slowdown and copper rout sap risk appetite. NEW YORK, March 13- World stock indexes edged lower on Thursday on lingering concerns over China's economy and tensions in Ukraine, while the euro hit a new 2-1/ 2- year high against the dollar.
NEW YORK, March 13- The euro rose to 2-1/ 2- year highs against the dollar on Thursday in the wake of the European Central Bank's avoidance of further stimulus, signalling some confidence the region has put recession and its debt crisis behind. Among other major currencies, the New Zealand and Australian dollars surged.
LONDON, March 13- Royal Dutch Shell will cut spending by a fifth and lay off staff at its American exploration and production business, the company said on Thursday, in another sign that oil majors are struggling to profit from the booming U.S. shale sector.
*UK, France, Switzerland seen in strong position as market takes off. LONDON/ ZURICH, March 13- Biotech fever is spreading to Europe from the United States with a successful stock market debut for a cat allergy company in Britain seen as a bellwether that could help unlock listings in other countries including Switzerland and France.
*Germany's Zalando, France's Cdiscount still to decide on IPO. "There is definitely a degree of optimism that hasn't been seen for some time," said Kate Ball-Dodd, a partner at law firm Mayer Brown who advises companies listing in London.
Russian troops along Ukraine's eastern border is alarming the interim Ukraine government about a possible invasion. The NYT reports.
WISCONSIN RAPIDS, Wis.-- Renaissance Learning is being acquired for $1.1 billion by the private equity firm Hellman& Friedman. The online education service has been owned by Permira, another private equity firm based in London. The deal comes less than a month after Google Inc.' s investment fund made a $40 million investment in Renaissance.
LONDON, March 13- Oil held near $108 a barrel on Thursday as weaker-than-expected Chinese economic data offset worries about disruption of supply prompted by the stand-off between Russia and Western powers over Ukraine.
*Ukraine, China slowdown and copper rout sap risk appetite. LONDON, March 13- The euro hit a new 2-1/ 2 year high against the dollar on Thursday as concerns over China's economy and international tensions over Ukraine took the fizz out of an attempted rebound in riskier assets.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked talk of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years in a bid to recover.