Britain hiked its terrorism threat level to "severe" on Friday in response to possible attacks being planned in Syria and Iraq.» Read More
*Ukrainian leader warns of all-out war with Russia. BRUSSELS, Aug 30- European Union leaders on Saturday chose Poland Prime Minister Donald Tusk to chair their Council and named Italian Federica Mogherini to run the bloc's foreign relations, as the EU prepared to threaten Russia with new sanctions over Ukraine.
Ukrainian leader in Brussels seeking help against Russia. BRUSSELS, Aug 30- European Union leaders are likely to threaten Russia with new economic sanctions over its action in Ukraine on Saturday but officials and diplomats said the bloc was not yet ready to order additional penalties.
LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
Malaysia Airlines to cut 6,000 staff in overhaul. KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
NEW YORK, Aug 29- Crude oil prices posted their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may trigger more sanctions and as U.S. economic data portended strong demand in the world's largest oil consumer.
NEW YORK, Aug 29- Crude oil prices posted their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may bring more sanctions and as U.S. data portended strong demand in the world's largest oil consumer.
*Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a fresh 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.
Britain and six other states are to create a new joint expeditionary force of at least 10,000 personnel to bolster Nato's power in response to Russia.
NEW YORK, Aug 29- Crude oil prices were headed toward their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may bring more sanctions and as U.S. data portended strong demand in the world's largest oil consumer.
The success is therefore a "monumental achievement," virologist Thomas Geisbert of the University of Texas Medical Branch wrote in a commentary on the paper, published online in Nature.
PARIS/ LONDON/ MILAN, Aug 29- Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
*Russia proposes' corridor' for encircled Kiev troops. *NATO source says more than 1,000 Russian troops in Ukraine. LAKE SELIGER, Russia/ KIEV, Aug 29- Ukraine called on Friday for full membership in NATO, its strongest plea yet for Western military help after accusing Russia of sending in armored columns that have routed its troops on behalf of pro- Moscow rebels.
*Wall Street mixed, even after mostly strong economic reports. NEW YORK, Aug 29- Global equity markets wavered and German bond yields edged up from record lows on Friday after euro zone inflation was seen as still not dire enough to drive the European Central Bank to ease monetary policy next week, as many investors have anticipated.
LONDON, Aug 29- Gold prices steadied on Friday, paring earlier losses as stock markets slipped lower on both sides of the Atlantic, and remained on track to end the month with a small gain. Investors remain on edge over tensions between Russia and Ukraine after Ukraine said on Thursday that Russia had moved troops into the country.
Italy's Fiat and Chrysler are merging to form Fiat Chrysler Automobiles. The combined company would move its tax headquarters to London and list its shares on the New York Stock Exchange. Fiat SpA will announce the final tally by Sept. 4.
*Tensions mount over alleged Russian troops in Ukraine. LONDON, Aug 29- Brent crude oil rose towards $103 a barrel on Friday as escalating violence in Ukraine kept Europe's markets on edge, but prices remained on track for a monthly loss as ample supply and weak demand outweighed political concerns.
RIO DE JANEIRO— Brazil's economy, once an emerging-market darling, fell into recession, according to government data released Friday, as millions of new middle class citizens tightened their belts and further dampened a credit-driven spending spree.
*Africa could earn more if it adds value to exports. KIRINYAGA, Kenya, Aug 29- Nancy Njeri lugs a sack of fresh coffee berries to a hilltop factory from her small farm, which produces one of Kenya's main cash crops yet earns barely enough for her family of seven children.
CNBC's Simon Hobbs reports the Joint Terrorism Analysis Centre in the U.K. has raised the terrorism threat level in Britain to "severe" from "substantial."
SYDNEY/ LONDON, Aug 29- Copper edged higher on Friday as the euro strengthened, but prices were still on track for their biggest monthly loss since March on worries that rising tensions in Ukraine could set back global growth and hit metals demand.