CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to next week. Oil and nat gas were up slightly today, Gold hit a six-month high, but dropped after word came out Russia would not intervene in Ukraine.» Read More
*Iran wants economic sanctions lifted. LONDON/ ANKARA, March 13- Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalised under U.S. sanctions, bankers and government officials told Reuters.
BEIJING, March 14- China's largest state refiner, Sinopec Corp, said it had entered a long-term deal to buy liquefied petroleum gas from Phillips 66, showing the U.S. shale drilling boom is having an impact on Asian markets.
AUSTIN, Texas-- The guys in Foster the People know something about contrasts. The Los Angeles trio made its first trip to South By Southwest four years ago, playing for basically no one. "This is kind of where we got discovered, and that was our first trip as a band _ leaving the state, getting a van," singer Mark Foster said of the 2010 trip.
CAIRO-- Security officials in Egypt say a wall has collapsed on customers at a coffeehouse in the port city of Alexandria, killing six people and injuring seven. Mohammed Ismail, head of investigations at the city's Sidi Gaber police station, said that the wall, which was still under construction, fell Thursday on the patrons in a central neighborhood of the city.
GAZA CITY, Gaza Strip-- Gaza's Hamas rulers have been hit by the worst economic crisis since seizing the territory seven years ago and face growing discontent, even among core supporters, because there's no sign of relief from a blockade enforced not only by Israel but also by a suddenly hostile Egypt.
TOKYO, March 14- Japan's biggest refiner JX Nippon Oil& Energy has cut its annual crude contract with Iran by 27 percent, an industry source said, a move that will likely keep at bay any potential U.S. pressure over oil shipments from the Islamic republic.
KUALA LUMPUR, March 14- Military radar data suggests a Malaysia Airlines jetliner missing for nearly a week was deliberately flown hundreds of miles off course, heightening suspicions of foul play among investigators, sources told Reuters on Friday.
*Radar data suggests plane was heading toward Indian Ocean- sources. *White House says search area may expand based on new information.
KUALA LUMPUR, March 14- Military radar-tracking evidence suggests a Malaysia Airlines jetliner missing for nearly a week was deliberately flown across the Malay peninsula towards the Andaman Islands, sources familiar with the investigation told Reuters on Friday.
*Credit Suisse also says sees slowdown in parts of fixed income. PARIS, March 13- Deutsche Bank said on Thursday it has had a "slow" start to the year in its investment bank, due to market uncertainty related to the crisis in Ukraine and concerns about economic growth in China and Germany.
*Electronic share of trade passes 50 pct for first time. *Driven by regulation, focus on costs, tech advances. LONDON, March 13- European equity investors are placing more orders via computers than through flesh-and-blood traders for the first time as new market rules drive more money managers to go high-tech and low cost.
*Iran wants economic sanctions lifted. LONDON/ ANKARA, March xx- Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalised under U.S. sanctions, bankers and government officials told Reuters.
MOSCOW, March 13- Russian energy company Soyuzneftegaz hopes that deals can be concluded to develop oil and gas in peaceful regions of Syria even if civil war is still raging elsewhere, its chairman said.
NEW DELHI, March 13- India's oil imports from Iran declined 8.7 percent in February from a year ago to about 266,000 barrels per day, tanker arrival data compiled by Reuters showed. For a story see: The following table shows India's imports by country according to tanker discharge information. Volumes are in' 000 bpd.
NEW DELHI, March 13- India imported about 36 percent less oil from Iran in February than in January, because of efforts to meet U.S. requests to restrict purchases from Tehran to 195,000 barrels per day in the six months to July 20, data from trade sources showed.
ISLAMABAD, March 13- Saudi Arabia loaned $1.5 billion to Pakistan last month to help Islamabad shore up its foreign exchange reserves, meet debt-service obligations and undertake large energy and infrastructure projects, Pakistani officials have told Reuters.
LONDON, March 13- "We believe commercial shale gas extraction should only go ahead in the United Kingdom if it can be objectively demonstrated that the regulatory framework is fit for purpose," six leading conservation organisations wrote in a report on Thursday.
AMMAN, March 12- Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills.
KUWAIT, March 12- A diplomatic rift between Qatar and three other Gulf Arab countries had no effect on a meeting of Gulf central bank governors on Wednesday, the region's first high-level gathering since the dispute, host Kuwait said.
*In discussions with potential partners in Dubai, Singapore. MUMBAI, March 12- India's biggest jewellery retailer Titan Co Ltd hopes to start exports in the next fiscal year to perk up sales that have been dampened by the country's strict curbs on gold imports, a senior company official said on Wednesday.