Cyprus' president has asked euro zone leaders for a complete revamp of his country's 10 billion euro ($13.4 billion) bailout, the Financial Times reports.» Read More
WASHINGTON/ KABUL- The United States and the Taliban raised hopes for a negotiated peace in Afghanistan with commitments to meet this week after 12 years of bloody and costly war between American-led forces and the insurgents.
*Syria peace conference unlikely before Aug- source. SINGAPORE, June 19- Brent crude futures held above $106 a barrel on Wednesday as investors looked to a Federal Reserve meeting for clues on the outlook for a U.S. stimulus programme that has underpinned commodity prices. Brent futures for August delivery had gained 13 cents to $106.15 a barrel by 0522 GMT.
Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said.
*Syria peace conference unlikely before Aug- source. SINGAPORE, June 19- Brent crude futures held above $106 a barrel on Wednesday as investors looked to a Federal Reserve meeting for clues on the outlook for a U.S. stimulus programme that has underpinned commodity prices. Brent futures for August delivery had edged down 1 cent to $106.01 a barrel by 0310 GMT.
PARIS, June 19- A feeling in France that the European Union no longer works in its interest is fueling tensions between Paris and Brussels and adding pressure on President Francois Hollande to be more assertive in Europe.
June 18- Netflix Inc will launch its TV and movie streaming service in The Netherlands later this year, expanding its reach further into Europe, the company said on Tuesday.
*Sentiment in China continues at record low. SEOUL, June 19- Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.
*Three-month copper on the London Metal Exchange was almost flat at $7,005 a tonne by 0113 GMT, after falling on Tuesday to its lowest since May 3 at $6,965.
PERTH, June 19- U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. *NYMEX crude futures for July delivery had risen 6 cents to $98.50 a barrel by 0053 GMT, after climbing to a nine-month high of $98.74 a barrel on Monday. *Brent crude rose 6 cents to $106.08 a barrel.
Japanese PM Abe said on Tuesday G8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.
CHICAGO, June 18- A swine virus deadly to young pigs, one never before seen in North America, is spreading rapidly across the United States and proving harder to control than previously believed.
June 19- Algeria is investigating the head of its state power and gas utility, Sonelgaz, over contracts involving U.S. conglomerate General Electric Co and France's Alstom SA, sources told Reuters and Algerian local media reported. "The case is about inflating costs in deals with U.S. firm General Electric and French firm Alstom," one of the sources said.
Hong Kong's central bank said on Tuesday that its investigation into possible benchmark rate manipulation has been extended to include HSBC and a number of other banks.
TOKYO, June 19- Japan's Nikkei share average is expected to rise to a one-week high on Wednesday, helped by a second-straight day of gains on Wall Street as investors bet that the Federal Reserve would temper worries about an imminent roll back of its stimulus programme.
June 18- Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media group Liberty Global Plc made a rival bid, Bloomberg reported on Tuesday, citing people familiar with the bid.
LONDON, June 19- The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes.
LONDON, June 19- Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday.
*Microsoft says $500 million stolen before crack down. BOSTON, June 18- Microsoft Corp said that an assault it led earlier this month on one of the world's biggest cyber crime rings has freed at least 2 million PCs infected with a virus believed to have been used to steal more than $500 million from bank accounts worldwide.
BELFAST, June 18- Japanese Prime Minster Shinzo Abe said on Tuesday G8 leaders expressed strong support for his "Abenomics" economic policies and heard no concerns about Japan's super easy monetary easing.
Brent crude settled 55 cents higher at $106.02 per barrel after trading as high as $106.24. Front-month U.S. crude oil futures finished 67 cents higher at $98.44 per barrel, after reaching $98.61. The benchmark three-month futures contract in London ended at $7,005 a tonne, down from Monday's close of $7,082.