A man and a woman were arrested on suspicion of conspiracy to murder, reports NBC's Annabel Roberts.» Read More
*Euro zone business downturn eases in May. LONDON, May 23- The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday.
CNBC reports on the suspected terrorist attack in south-east London in which a man was killed. Warning: this video contains graphic images.
LONDON, May 22- Concerns over the future of the U.S. The shift from riskier assets to safer markets was triggered when Fed Chairman Ben Bernanke told a congressional committee on Wednesday the central bank could scale back the pace of bond purchases at one of its next few policy meetings.
LONDON, May 23- European equities went into a tailspin early on Thursday, spooked by concerns the U.S.
The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.
May 23- South Korea's economic problems aren't made in Japan. Investors convinced that Japan's weakening yen will help its companies claw global market-share back from Korean competitors have bought almost $75 billion worth of Japanese stocks so far this year.
SINGAPORE, May 23- London copper fell more than 2 percent on Thursday after a preliminary survey showed China's factory sector contracted in May, hitting sentiment already soured by concerns the United States may pull back on its bond-buying program.
*Copper rallied to $7,533.75 a tonne in the previous session, its highest since April 12, but remains mired in losses of 7 percent for the year. *The most-traded September copper contract on the Shanghai Futures Exchange lost 0.75 percent to 53,080 yuan a tonne.
Eyewitnesses say 2 attackers tried to behead a soldier in London today, and the 2 men then charged at police once they arrived and were both shot at, reports NBC's Michelle Krosinski.
LONDON, May 23- Nearly half of the money that multinationals and wealthy investors poured into emerging markets in 2011 came via tax havens, resulting in revenue losses for poor countries, anti-poverty campaigners ActionAid said in a report.
GENEVA/ LONDON, May 22- The UK and French governments will join a global initiative that will require oil and mining firms to comply with new disclosure measures aimed at tackling corruption, British Prime Minister David Cameron said on Wednesday.
NEW YORK, May 22- Oil prices fell on Wednesday as a rise in U.S. gasoline inventories prompted selling, then crude extended losses in late trading after minutes from a Federal Reserve policy meeting sent U.S. stock markets down. Brent crude futures fell $1.31 to settle at $102.60, after shedding nearly a dollar in the previous session.
NEW YORK, May 22- Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent U.S. stock markets down and compounded earlier oil weakness stemming from a rise in U.S. gasoline inventories.
*Spot gold slides after brief break over $1,400/ oz. (Rewrites throughout, updates prices, changes byline, dateline NEW YORK, May 22- Gold turned sharply lower on Wednesday, as investors weighed U.S. , "said Michael Cuggino and president and portfolio manager at Permanent Portfolio Funds in San Francisco."
LONDON, May 22- London mayor Boris Johnson said on Wednesday it was "overwhelmingly likely" an attack in south London in which a man was hacked to death was an act of terror. "Obviously it's early to have all the facts... I am afraid it is overwhelmingly likely now to be a terrorist attack, the kind the city has seen before, "he said in televised remarks.
NEW YORK/ LONDON, May 22- ICE arabica coffee futures tumbled to the lowest level in more than three years on Wednesday, as a speculator selloff extended recent losses seen on ample supplies and a favorable crop outlook in top producer Brazil, dealers said.
NBC's Michelle Kosinski reports on what could be a brutal terror attack in London.
NEW YORK, May 22- The dollar rallied to a 4-1/ 2- year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could begin slowing its asset buying in coming months.
VATICAN CITY, May 22- The Vatican's new financial watchdog said on Wednesday it had detected six possible attempts to use the Holy See to launder money last year, citing this as proof of its commitment to transparency.
GENEVA/ LONDON, May 22- The UK and French governments are set to join a global initiative that will require oil and mining firms to comply with new disclosure measures aimed at reducing corruption, sources involved in the process said on Wednesday.