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  • WASHINGTON, April 28- U.S. homeownership slipped to a 25- year low in the first quarter, but sustained strong gains in the pace at which Americans are setting up homes supported the view that the housing sector will boost economic growth this year. The seasonally adjusted home ownership rate dipped to 63.8 percent, the lowest since the fourth quarter of 1989, the...

  • *Iran seizes ship, initially reported to be a U.S. vessel. NEW YORK, April 28- Oil prices rose on Tuesday after reports that Iran had seized a cargo vessel, described initially by Iranian and Saudi media as a U.S. ship, raised geopolitical tensions and concerns about the security of Middle East crude shipments. Iranian forces boarded the Marshall Islands- flagged MV...

  • NEW YORK, April 28- Disappointing corporate earnings handed European shares their biggest daily decline in over a week on Tuesday and left U.S. stocks little changed, while Iran's seizure of a cargo ship in the Persian Gulf lifted oil prices. "Most of the big corporations are missing on revenue and eventually that's going to hurt the markets as valuations stay...

  • *Iran seizes ship, initially reported to be a U.S. vessel. NEW YORK, April 28- Oil prices rallied briefly on Tuesday after reports that Iran had seized a cargo vessel, described initially by Iranian and Saudi media as a U.S. ship, raised geopolitical tensions and concerns about the security of Middle East crude shipments. Iranian forces boarded a Marshall Islands-...

  • UPDATE 7-Oil rises after Iran seizure of U.S. vessel Tuesday, 28 Apr 2015 | 10:38 AM ET

    *Iran seizes U.S. cargo vessel, directs it to local port. NEW YORK, April 28- Oil prices turned positive on Tuesday after reports that Iran had seized an U.S. cargo vessel raised geopolitical tensions and concerns about the security of Middle East crude shipments, traders said. Futures of U.K. North Sea Brent, the more widely-used global benchmark, were up 55 cents at...

  • *U.S. consumer confidence falls in April. *Euro gains on hopes for Greek deal breakthrough. NEW YORK, April 28- The dollar dropped to an eight-week low on Tuesday after an unexpectedly weak U.S. consumer confidence report for April, with investors growing cautious about a Federal Reserve meeting starting later in the day.

  • *Atlas Copco, Commerzbank and UPM Kymmene among top fallers. LONDON, April 28- European equities fell on Tuesday following some weaker-than-expected corporate updates, with mining equipment group Atlas Copco sliding after results while a new share issue hit Commerzbank. UPM-Kymmene also fell around 10 percent after its quarterly core profit missed...

  • LONDON, April 28- Ivory Coast will sell its debut Islamic bond in the next two to three months, and is assessing whether to make sukuk issues a regular part of fund raising, its minister for economy and finance said on Tuesday. In April, the Islamic Corporation for the Development of the Private Sector- an arm of the Jeddah- based Islamic Development Bank- said it would...

  • KATHMANDU/ NEW DELHI, April 28- Nepal's government has drawn early criticism from opposition politicians and some residents for what they say has been a sluggish response to the humanitarian crisis triggered by Saturday's massive earthquake. As the body count from the 7.9 magnitude quake in Nepal rose to more than 4,300 on Tuesday, aid had begun to arrive in the...

  • GLOBAL MARKETS-Stocks cool, dollar slides ahead of Fed Tuesday, 28 Apr 2015 | 8:24 AM ET

    *Subdued opening seen for Wall Street, European bourses fall. The dollar also weakened and Wall Street was expected to open lower, with more macro data and company earnings set to give the Fed its latest look at the U.S. economy. The figures came just nine days before a British election, which is already brewing doubts about Britain's future cohesion and its...

  • FOREX-Dollar slumps to 3-week low as traders await Fed Tuesday, 28 Apr 2015 | 7:45 AM ET

    LONDON, April 28- The dollar hit a three-week low on Tuesday as investors eyed a U.S. U.S. housing index data and consumer confidence numbers, due at 1300 GMT and 1400 GMT respectively, should provide the greenback with some near-term direction, analysts said, though the main focus will be on the Fed's statement at the end of its policy meeting on Wednesday.

  • LONDON, April 28- Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker dollar helped to put a floor under prices. Brent June crude futures had slipped 8 cents to $64.75 a barrel by 1058 GMT, after touching a low of $63.90 earlier in the session. June crude fell 26 cents to $56.73 a barrel,...

  • LONDON, April 28- West Africa's regional stock exchange, BRVM, will see two more companies list their shares in 2015 and aims to double its market capitalisation over the next five years, its chief executive officer said on Tuesday. One of the listings will be Bank of Africa Mali, the other one is a private equity exit from a utility firm in Ivory Coast, he added,...

  • *UPM-Kymmene, Commerzbank and Geberit among top fallers. LONDON, April 28- European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after results while a new share issue hit Commerzbank. UPM-Kymmene also slumped 8.5 percent, the worst performer on the pan-European FTSEurofirst 300...

  • LONDON, April 28- Asia- focused bank Standard Chartered said the location of its headquarters was under constant review and a sharp increase in a tax on banks in Britain meant it was watching the situation closely. "At the moment it's something we're watching, we're looking at, we're thinking about, but at this point in time there's no change in our position," Andy...

  • LONDON, April 28- Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a rally that saw Brent crude futures touch a 4 1/ 2 month high on Friday. Brent June crude futures fell 43 cents to $64.40 a barrel by 0920 GMT. June crude fell 40 cents to $56.59 a barrel.

  • *UK economic growth slowest in over 2 years. By William Schomberg and David Milliken. LONDON, April 28- Britain's economy slowed more sharply than expected in the first three months of 2015, a setback for Prime Minister David Cameron who has staked his campaign for re-election next week on the strength of the recovery.

  • British economy slows ahead of general election Tuesday, 28 Apr 2015 | 5:07 AM ET

    LONDON— Britain's economic growth slowed to a quarterly rate of 0.3 percent in the January-March period, a drop that will be seen as a setback to the Conservative-led coalition only days before a general election. The Office of National Statistics said Tuesday that the quarter-on-quarter growth rate was half of the 0.6 percent seen in the last quarter of 2014..

  • European bourses and the euro also dipped in early trading after both had been boosted on Monday by a revamp of Greece's negotiating team, while the pound tumbled on weak UK growth figures just ahead of next week's tightly contested national election. The figures were seen as loaded with significance coming just nine days before an election and its aftermath,...

  • China now has more vineyard land than France Tuesday, 28 Apr 2015 | 4:46 AM ET

    PARIS— China now boasts more land dedicated to wine-making vineyards than France as it tries to satisfy a rapid rise in local demand. China's vineyards grew to 800,000 hectares last year, putting it behind No. 1 grower Spain but ahead of France. Because its production is less effective than more established wine-making countries, China's output is only the...