The onward march of discount U.K. retailer Primark will continue with its first U.S. store, in the Boston building previously occupied by Filene’s.» Read More
SHANGHAI, April 25- British drugmaker GlaxoSmithKline Plc has appointed two executives to new roles overseeing sales and marketing in China after authorities accused the firm of corruption last year, a person with direct knowledge of the decision told Reuters.
*Ukraine forces kill up to 5 rebels. LONDON, April 25- Brent crude oil eased below $110 a barrel on Friday but was still near seven-week highs as escalating tensions over Ukraine between major oil producer Russia and the West heightened fears of supply disruption.
BEIJING— The price of oil declined Friday after rising to near $102 per barrel on worries about tensions in Ukraine. Ukraine is going through its biggest political crisis since the fall of the Soviet Union, sparked by months of anti-government protests and President Viktor Yanukovych's flight to Russia.
SINGAPORE, April 25- Gold slipped on Friday and held near its weakest level in more than two months on muted demand from jewellers as they waiting for a further drop in prices, although tensions in the Crimean peninsula could underpin the metal's safe-haven appeal.
SINGAPORE, April 25- London copper futures hit a seven-week high on Friday and were headed for their best week in about a month on firm demand in top market China, although growing tensions in Ukraine curbed further gains. Premiums for spot copper in China have surged to levels last seen in 2010 amid strong seasonal demand this month.
SINGAPORE, April 25- London copper futures climbed to their highest level in seven weeks on Friday, buoyed by firm demand in top consumer China, while nickel edged off 14- month peaks. It was up $6 at $6,759 by 0114 GMT, after gaining $83 on Thursday.
The new company would be registered in the Netherlands and tax resident in the UK. Wren added that if the UK and the Netherlands did not approve the structure, the whole deal was at risk since "there is no Plan B", though Publicis said on Thursday it was confident the deal would still proceed.
SAN FRANCISCO— Netflix's Internet video service is about to join the programming lineup of three small cable-TV providers in the U.S., a breakthrough that acknowledges the growing popularity of online entertainment.
*Russian troop movements along Ukraine border raise geopolitical tensions. NEW YORK, April 24- Rising tensions along the Russia/ Ukraine border on Thursday upstaged upbeat U.S. economic data and pulled the U.S. dollar off session highs against the euro and yen as risk aversion took precedence.
*Russia launches army drills near Ukraine border. NEW YORK, April 24- Global equity markets rose in choppy trading on Thursday in the wake of strong earnings results from tech heavyweights Apple and Facebook, but worries about rising tensions in Ukraine limited gains and dragged the dollar lower.
NEW YORK— Tamer Fakahany and John Mancini, veteran news executives for The Associated Press, have been appointed global news managers for the cooperative, Senior Managing Editor Michael Oreskes announced Thursday.
NEW YORK/ LONDON, April 24- Gold rose on Thursday as rising geopolitical tensions and options-related buying helped reverse the precious metal's early sharp losses after it fell to a 2-1/ 2 month low.
LONDON, April 24- Consumer goods giant Unilever opened its first European tea shop in London on Thursday, aiming to cash in on the growing appeal of unusual and luxury cuppas and ignite fresh enthusiasm for the national drink.
The appeals court said it was applying in a 2005 test set by the Arizona Supreme Court to decide whether a defendant has a constitutional right to a trial by jury. That test includes whether there was a historical right to a jury trial for a particular crime at the time Arizona became a state in 1912..
*Starbucks says results reflects rise in licensed stores. LONDON, April 24- Starbucks suffered its first ever drop in UK sales last year, a period in which the company became the subject of boycotts and public criticism over its tax practices. Starbucks said the result was not because of weakness in the business but reflected the closure of unprofitable stores.
NEW YORK, April 24- Money manager and arts patron Alberto Vilar was resentenced on Thursday to 10 years in prison, a year longer than previously, in connection with his 2008 conviction for fraud and money laundering.
*Alstom shares up more than 14 percent. PARIS, April 24- Shares in Alstom jumped more than 14 percent on Thursday after a report that U.S. conglomerate General Electric was in talks to buy the struggling French turbine and train maker for about $13 billion.
*Barclays: 34 pct of investors oppose or withhold vote on pay. In a rare gesture of public opposition, Standard Life said it had voted against Barclays' decision to pay out 2.4 billion pounds in bonuses for 2013- a 10 percent increase on 2012 despite posting profits a third lower.
Banksy's satirical stencils swap hands for high six-figure sums; in February, his "Kissing Coppers" sold at a Miami auction for $575,000. Seven works, including a giant rat and a girl with a red balloon, are being sold by Sincura Group, which says it prides itself on "obtaining the unobtainable.
NEW YORK, April 24- Brent crude futures rose by more than a dollar a barrel on Thursday as mutual accusations of aggression by Ukraine and Russia raised concerns over future oil supplies, while strong U.S. economic data suggested higher demand.