Jean-Claude Biver, chairman at Hublot, explains that other countries are compensating for losses in China and that the group is focusing on general-end luxury.» Read More
ZURICH, April 15- A strong uptake of new cancer medicines helped Roche to limit a decline in first-quarter sales and the Swiss company confirmed a forecast for higher earnings this year.
The price of oil fell to near $103 a barrel Tuesday ahead of talks aimed at defusing tensions between the West and Russia over Ukraine. Officials from the U.S., Russia, Ukraine and the European Union are set to meet in Geneva on Thursday for negotiations aimed at persuading Russia to back off in Ukraine following its annexation of Crimea.
SINGAPORE, April 15- Brent crude futures fell below $109 a barrel on Tuesday after hitting a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the crisis in Ukraine.
*Q1 sales 11.496 bln Swiss francs vs 11.887 bln forecast. ZURICH, April 15- Adverse currency moves weighed on first-quarter sales at Roche Holding AG, which fell 1 percent, despite a healthy uptake of its new cancer medicines.
SINGAPORE, April 15- Brent crude futures dropped below $109 a barrel following a surge to a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the escalating crisis in Ukraine.
Investors remained wary of developments in Ukraine, where any escalation might quickly cause risk appetite to evaporate. Armed pro-Russian separatists seized more buildings in eastern Ukraine on Monday, expanding their control after the government failed to follow through on threatened military crackdown.
LUXEMBOURG, April 14- The European Union agreed on Monday to step up sanctions against Russia over Ukraine by expanding a list of people targeted with asset freezes and visa bans, and said the bloc could hold an emergency summit next week to adopt further measures.
LUXEMBOURG, April 14- The European Union could hold an emergency summit next week to impose further sanctions against Russia if there is no breakthrough at talks with Ukraine scheduled for Thursday in Geneva, France's foreign minister said on Monday.
Glencore says it has reached an agreement to buy all outstanding Caracal shares for 5.50 pounds each, a 61 percent premium on the Canadian-based firm's stock price Friday. The two companies announced the deal Monday, a day after Glencore said it was selling its Las Bambas copper mine project in Peru to a Chinese consortium for $5.85 billion in cash.
SLAVIANSK/ KIEV, April 14- Pro-Russian separatists on Monday ignored an ultimatum to leave occupied government buildings in eastern Ukraine while another group of rebels attacked a police headquarters as a threatened military offensive by government forces failed to materialise.
LONDON, April 14- When BG Group Plc announced last week it was shifting the headquarters of its oil and liquefied natural gas trading operation to Singapore from Britain, it said the aim was to get closer to its customers. "Singapore has already attracted some people from Geneva," he added.
LUXEMBOURG— European Union foreign ministers decided Monday to sanction more Russians with asset freezes and visa bans as a sign of the trade bloc's outrage over Moscow's ongoing interference in Ukraine, a high-ranking EU official announced.
GENEVA— The World Trade Organization predicts global commerce will grow 5.3 percent next year, an improvement that would bring it back in line with its 1993-2013 historic average. In its annual report released Monday, the Geneva- based WTO also forecast that world trade will rise by 4.7 percent this year.
LUXEMBOURG, April 14- The European Union threatened Russia with more sanctions on Monday over its actions in eastern Ukraine, which Britain said was being destabilised by Moscow, although some EU states said diplomacy should be given more time.
GENEVA, April 14- The World Trade Organization slightly raised its 2014 forecast for growth in global goods trade to 4.7 percent on Monday, saying it did not expect a return to the historical trend level of 5.3 percent until 2015..
GENEVA, April 14- The World Trade Organization revised its 2014 forecast for growth in global goods trade slightly upward to 4.7 percent on Monday, but said it did not expect growth to return to the historical trend level of 5.3 percent until 2015..
MOSCOW, April 14- Russian stocks and the rouble fell sharply on Monday as Ukraine prepared to fight pro-Russian rebels, heightening fears of Russian military intervention and more western sanctions against Moscow. "The escalation sharply increases risks of an all-out civil war in Ukraine," said Bank of America Merrill Lynch analysts in a research note.
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LUXEMBOURG, April 14- European Union foreign ministers will hold talks on Monday to discuss how to toughen sanctions against Russia for its actions in Ukraine without losing the support of some EU governments worried about antagonising a power with an energy stranglehold over Europe.
U.N. Security Council has called an emergency meeting at Russia's request to discuss the growing crisis