Speculation is growing that OPEC may have no choice but to cut production when it meets on Thanksgiving Day.» Read More
*Treasury debt losses limited by Iraq tensions. Treasury debt prices drifted lower on Friday in thin trading, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of a rate hike from the Federal Reserve sooner than previously expected.
BAGHDAD, June 13- Iraq's most senior Shi'ite Muslim cleric urged followers to take up arms against a full-blown Sunni militant insurgency to topple Shi'ite Prime Minister Nuri al-Maliki, escalating a conflict that threatens civil war and a possible break-up of the country.
*Treasury debt losses limited by Iraq tensions. Treasury debt prices slid on Friday, pressured by sharp losses in UK bonds after Bank of England Governor Mark Carney said interest rates could rise sooner than expected, as well as expectations of an imminent rate hike from the Federal Reserve.
The deteriorating situation in Iraq "might play out for quite some time," but U.S. stocks should be able to weather the storm, Gabelli Funds' Howard Ward tells CNBC.
The rules are simple. Keep things light. Remember to congratulate the graduates. And if you can do it from space—as one speaker did—that helps, too.
PARIS/ BRUSSELS, June 5- President Barack Obama dismissed on Thursday any prospect that he might intervene in the case of BNP Paribas bank, which faces a possible huge fine for U.S. sanctions busting, despite pressure from his French counterpart.
*Hollande to discuss Ukraine separately with US, Russian leaders. PARIS, June 5- President Francois Hollande urged world leaders arriving in France on Thursday to mark the 70th anniversary of World War Two's D-Day landings to use the occasion to ease tensions over the Ukraine crisis.
PARIS/ BRUSSELS, June 5- France stepped up its defense of BNP Paribas bank against a possible huge fine for U.S. sanctions busting before the two countries' leaders meet on Thursday, invoking wider economic concerns and linking the row to trade talks.
PARIS/ BRUSSELS, June 5- French President Francois Hollande sought to widen the basis of his fight against a possible $10 billion U.S. fine facing bank BNP Paribas ahead of a meeting with Barack Obama on Thursday, warning of "consequences across the euro zone".
WARSAW/ PARIS, June 4- French President Francois Hollande said on Wednesday he will raise concerns about a possible $10 billion- plus U.S. fine on BNP Paribas that he considers "disproportionate" with his U.S. counterpart Barack Obama.
Kerry, on a brief visit to Beirut, also announced more aid to help Lebanon and other countries in the region struggling to cope with millions of Syrian refugees.
Secretary of State John Kerry arrived in Lebanon on Wednesday, where he will pledge more aid to help Syria's neighbours deal with an influx of refugees and press Lebanese parliamentarians to swiftly choose a new president.
*Diplomatic ties strained over Syria, Russia. PARIS/ NEW YORK, June 3- France stepped up its protests to the United States on Tuesday over a possible $10 billion- plus sanctions busting fine for its biggest bank BNP Paribas, saying such a move could hurt transatlantic free-trade talks.
*Reports mount of volunteer fighters coming into Ukraine from Russia. KIEV/ DONETSK, Ukraine, May 30- Ukraine's government vowed on Friday to press ahead with a military offensive against separatists, despite a deadly attack on an army helicopter, amid increasing reports that volunteer fighters from Russia were involved in rebellions in the east.
At the end of February, Ukraine's months-long conflict erupted into a series of violent clashes. Here's what you should know.
U.N. Security Council has called an emergency meeting at Russia's request to discuss the growing crisis
Eleven Democratic senators urged Obama to make a final decision on whether to approve TransCanada Corp's Keystone.
Stocks wrapped up the session on a high note, with the Dow logging triple-digit gains, after Federal Reserve Chair Janet Yellen said there's still room for the central bank to help the economy. But major index ended relatively flat for the first quarter.
Ukraine on Monday denounced the visit of Russian Prime Minister Dmitry Medvedev to Crimea.
U.S. stock index futures pointed to a higher open on Monday, with global shares boosted hopes of stimulus in both the euro zone and China.