President Obama answers questions about the state of Ukraine and Russia's diplomatic handling of the crisis.» Read More
MOSCOW, March 23- An ally of Russian President Vladimir Putin who heads a bank that was hit by U.S. sanctions over the Crimea crisis suggested on Sunday the move had backfired by helping him win new clients.
BRUSSELS, March 23- The guessing game over U.S. interest rates is likely to intensify this week after new Fed Chair Janet Yellen raised the prospect of a hike early next year, while Russia's annexation of Crimea will keep investors focused on its next move.
NEW YORK, March 23- The prevailing trend in U.S. stocks could be higher this week if investor anxiety eases over the crisis in Ukraine and signs of weakness in the U.S. economy.
*Russian ambassador to EU says Russia has no expansionist views. BRUSSELS, March 23- NATO's top military commander said on Sunday that Russia had a large force on Ukraine's eastern border and he was worried it could pose a threat to Moldova's separatist Transdniestria region.
*But they say loyalties are to Latvia, Estonia over Russia. DAUGAVPILS, Latvia/ TALLINN, March 23- In the former Soviet republics of Latvia and Estonia, there is unease over events in Crimea, which was formally annexed by Moscow last week on the pretext of safeguarding its Russian minorities.
NEW YORK, March 21- The prevailing trend in U.S. stocks could be higher next week if investor anxiety eases over the crisis in Ukraine and signs of weakness in the U.S. economy.
John Herbst, former U.S Ambassador to Ukraine, discusses Russian military intervention in Ukraine.
The deflation of the Russian economy can be done through strict banking sanctions from both Europe and the U.S.
NEW YORK, March 21- World markets steadied on Friday after a volatile week driven by speculation over shifts in U.S. monetary policy, with equities holding near break-even, the euro up slightly against the dollar and crude oil rising on fear of supply disruptions over Crimea.
*Nike shares fall after results. Biogen Idec Inc, down 8.2 percent at $318.53, and Gilead Sciences Inc, down 4.6 percent at $72.07, were the two biggest drags on the S&P 500. The Nasdaq biotech index fell 4.4 percent.
NEW YORK, March 21- Crude oil futures rose on Friday as fresh U.S. and European sanctions on Russia renewed fears of a supply disruption from the world's second largest oil producer.
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the West over the future of Ukraine has rippled through trading floors and boardrooms, with exporters scrambling to protect revenues and some global financial firms halting services.
*After buying co-founder's stake, Tornqvist says trading mostly normal. NEW YORK/ LONDON, March 21- Swiss commodity giant Gunvor was doing business with oil firms and U.S. banks on Friday after shock sanctions on Russian co-founder Gennady Timchenko rattled counterparties and threatened to disrupt its $250 million a day business.
*Gold gives up gain earlier in week as tensions ease. NEW YORK/ LONDON, March 21- Gold rose on Friday on bargain hunting, though the market posted its biggest weekly drop since November following the Federal Reserve's latest indication that an interest rate hike could come in early 2015..
*Nike shares fall after results, Tiffany rises. Biogen Idec Inc, down 8 percent to $319.14, and Gilead Sciences Inc, down 3.7 percent to $72.74, were the biggest drags on the S&P 500. The Nasdaq biotech index fell 3.5 percent.
*Finance Ministry may cancel Eurobond ploans worth $7 bln. MOSCOW, March 21- Russia's Finance Ministry said on Friday it may be forced to cancel plans to borrow abroad this year, admitting that sanctions imposed by the West are already stinging.
CNBC's Eamon Javers reports on what Moscow diplomats are saying about Crimea's annexation from Ukraine.
*Moscow says it will respond in kind. NEW YORK, March 21- Crude oil futures rose $1 on Friday as traders scrambled to cover short positions after the U.S. and EU imposed sanctions on Russia, the world's second largest oil producer, renewing fears of a supply disruption.
MOSCOW/ BRUSSELS, March 21- President Vladimir Putin signed laws completing Russia's annexation of Crimea on Friday, as investors took fright at a U.S. decision to slap sanctions on his inner circle of money men and security officials.
MOSCOW, March 21- Far from dividing Vladimir Putin's inner circle, U.S. sanctions are drawing them ever closer together behind the former KGB spy and his drive to create a Great Russia.