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  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, U.S. and British officials said Wednesday.

  • April 16- London- based Armajaro Asset Management lost nearly a quarter of assets at its largest commodities fund in the first quarter, the latest sign that edgy investors have continued to withdraw cash from the sector after weak returns, documents show.

  • *European shares rebound, Wall Street rallies, Yahoo shines. Wall Street rallied for a third straight day. The relief rippled through Asian markets then spread to Europe and Wall Street.

  • Former Anglo Irish Bank chairman cleared of fraud Wednesday, 16 Apr 2014 | 12:50 PM ET

    LONDON— A jury Wednesday cleared former Anglo Irish Bank chairman Sean FitzPatrick of all fraud charges related to a loans-for-shares scheme that preceded the bank's 2009 collapse.

  • *Gold holds near 200- day moving average at $1,300. NEW YORK/ LONDON, April 16- Gold prices eased on Wednesday as Wall Street stocks rose and as strong U.S. industrial production data fed investor caution about bullion a day after prices fell nearly 2 percent.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • *The UK is a great place to do business, says Starbucks EMEA boss. LONDON, April 16- Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said on Wednesday.

  • Currency probe drives bank demand for Big Brother software Wednesday, 16 Apr 2014 | 12:11 PM ET

    LONDON, April 16- "What's your interest in Bill and Ben in the pick?" A basic translation of that particular line of Cockney rhyming slang, originating in London's working class East End, would run something like: "Are you a buyer or a seller of dollar/yen at the daily benchmark rate-setting fix?

  • April 16- London- based Armajaro Asset Management lost nearly a quarter of assets at its largest commodities fund in the first quarter, the latest sign that edgy investors have continued to withdraw cash from the sector after weak returns, documents show.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, but gave up some gains after an unexpectedly large build in crude stocks in the United States, the world's largest consumer of oil.

  • NKorea complains over barber's Kim Jong Un poster Wednesday, 16 Apr 2014 | 10:56 AM ET

    LONDON— North Korea has made a diplomatic appeal to the British government to get a London salon out of its hair. The country's diplomats have complained to the Foreign Office about a hairdressing salon that put up a poster poking fun at distinctively coiffed North Korean leader Kim Jong Un.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • UPDATE 6-Oil rises above $110 on mounting Ukraine tension Wednesday, 16 Apr 2014 | 10:25 AM ET

    *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose above $110 a barrel on Wednesday, shaking off slower economic growth in China, as tensions mounted in Ukraine.

  • NEW YORK, April 16- The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.

  • *Biggest falls at UBS, Deutsche Bank, Barclays and Lloyds. LONDON, April 16- Europe's top 30 banks cut assets by 2 trillion euros last year and are set to cut them again in 2014 as regulatory pressure prompts investment banks to shrink and retail banks sell some of their loans into a rising market.

  • *Credit Suisse Q1 net profit 859 mln Sfr vs poll 1.155 bln. ZURICH, April 16- Credit Suisse's said on Wednesday first-quarter net profit fell by more than a third due to a big drop in bond trading revenues, increasing pressure on CEO Brady Dougan to make deeper cuts to its investment banking business.

  • *Japan finmin upbeat on economy, hints pension fund may act. LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund.

  • Paul Weller's children win lawsuit over pictures Wednesday, 16 Apr 2014 | 7:45 AM ET

    Lawyers for the former front man of The Jam and his family sued Associated Newspapers over images of daughter Dylan and twin sons John Paul and Bowie that appeared on its MailOnline site.

  • LONDON, April 16- Starbucks Corp said on Wednesday it would move its European headquarters to London from the Netherlands and pay more tax in the UK as a result. Starbucks regional president Kris Engskov said London was "the perfect place to grow our European business".

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