The number of Britons tapping food banks for emergency provisions nearly tripled in the last 12 months, a charity said on Wednesday.» Read More
*Indonesia's export ban, Russia sanctions support. *Copper falls for 2nd day on China's demand woes. SINGAPORE, April 15- Nickel edged lower on Tuesday as the market took a breather after hitting a 14- month high in the previous session, supported by Indonesia's ore export ban and the prospect of tougher sanctions against Russia over Ukraine.
*Ukraine tensions prop up commodities like nickel, oil. TOKYO, April 15- Asian shares edged higher on Tuesday after upbeat U.S. data helped Wall Street bounce from a sharp selloff in recent days, though tensions in Ukraine tempered demand for riskier assets.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?
NEW YORK, April 14- Brent crude oil rose more than $1.50 on Monday as tensions escalated in Ukraine, while U.S. crude rose modestly after positive retail sales data signaled a rebound in the U.S. economy.
MILAN, April 14- Claudio Descalzi faces a delicate balancing act as he takes the helm of Italian oil major Eni- guaranteeing Italy's gas supply by nurturing relations with Russia, while exploring new drilling frontiers in Africa and Asia to boost profit.
*Separatist unrest spreads in Ukraine, boosting gold. NEW YORK/ LONDON, April 14- Gold rose to a three-week high on Monday as renewed concerns over the escalation of hostilities in Ukraine prompted investors to add positions in bullion as a hedge, while supply fears lifted palladium prices to a fresh 2-1/ 2 year peak.
Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.
NEW YORK, April 14- Brent crude oil rose more $1.50 on Monday as Western powers considered tougher sanctions against Russia over its actions in Ukraine, while U.S. crude rose modestly after positive retail sales data signaled a rebound in the American economy.
*Indexes breaks losing streak on U.S. data, Citi results. LONDON, April 14- Strong U.S. economic data helped pan-European equity indexes snap a three-day losing streak on Monday but appetite for risk remained muted as the threat of violence between Ukrainian forces and pro- Russia separatists loomed.
NEW YORK, April 14- Brent crude oil rose $1 on Monday as Western powers considered tougher sanctions against Russia over its actions in Ukraine, while U.S. crude rose modestly after positive retail sales data signaled a rebound in the American economy.
*Porsche product drive faced scepticism among fans. MILAN, April 14- As Fiat Chrysler moves to reinvent its small Maserati brand as a serious rival to the world's luxury car makers, the pressure to succeed is all the greater for the startling success of Germany's Porsche.
FRANKFURT/ LONDON, April 14- By expressing concern at the euro's strength, European Central Bank President Mario Draghi is trying to talk down the currency and avoid taking fresh action to tackle worryingly low inflation- but financial markets will test his resolve.
LONDON— Former News of the World editor Andy Coulson took the stand at Britain's phone hacking trial Monday, saying his affair with fellow executive Rebekah Brooks was wrong but didn't lead him to share work secrets with her.
*Peugeot targets 2 pct automotive margin for 2018. PARIS, April 14- PSA Peugeot Citroen will nearly halve its product line and focus investment on new technology in an attempt to return to profit, the struggling carmaker's new boss Carlos Tavares said on Monday.
*Ukraine's ultimatum to separatists saps risk appetite earlier. LONDON, April 14- Global equities rose on Monday on robust U.S. retail sales data, rebounding from last week's steep decline, while the euro fell, prompted by the European Central Bank's strongest signal yet that it would ease policy to cool the single currency.
NEW YORK, April 14- The dollar rose against the euro on Monday after European Central Bank President Mario Draghi signaled the bank would ease monetary policy further, while strong U.S. retail sales data also boosted the dollar against the yen.
*FTSEurofirst 300, Euro STOXX 50 both flat. LONDON, April 14- Cyclical shares weighed on European bourses on Monday as tensions in Ukraine and volatile global markets prompted investors to take a more cautious stance on growth and cash in on some of the best performers of the past nine months.
BEIRUT— Patrick Seale, a veteran journalist and author on Middle Eastern affairs as well as one of the world's leading historians on Syria, has died in London after a battle with cancer, according to family and friends. Seale is best known for his authoritative biography of the late Syrian President Hafez Assad, "Assad of Syria: The Struggle for the Middle East."
*Deal will enable Glencore to expand in upstream sector. LONDON, April 14- Mining company Glencore Xstrata has agreed to buy Chad- focused oil company Caracal Energy for about 800 million pounds, a deal that will allow the commodity giant to expand upstream in the oil sector.