EU stocks posted their first weekly loss in five weeks on Friday, hit by ongoing turmoil in the Ukraine and disappointment in the lack of action from the ECB.» Read More
*Putin rebuffs Obama as Ukraine crisis escalates. NEW YORK, March 7- U.S. oil rose more than $1 a barrel on Friday as tensions lingered in Ukraine and a report that U.S. job growth accelerated by more than expected in February offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
NEW YORK, March 7- U.S. equities and other risk assets pared gains on Friday as uncertainty over Ukraine tensions outweighed stronger-than-expected U.S. jobs growth, leading investors to pull money before the weekend.
LONDON, March 5- Ukraine's steel exporters are trying to push into new markets such as in North Africa as a weak currency, battered by political upheaval and tensions with Russia, has pushed rebar prices to 3 1/ 2- year lows.
Russia's top crude oil producer Rosneft wants to break the monopoly of another state-owned Gazprom to export gas via pipelines to China.
BERLIN, March 7- A German business group says the imposition of economic sanctions on Russia should the Ukraine crisis worsen would have a huge effect on the global economy. Some 6,200 German firms are active in Russia, and have invested 20 billion euros in the country, while 300,000 German jobs are dependent on trade with Russia, Cordes said.
March 7- Tensions in Ukraine have spurred U.S. officials to press the government to speed up exports of abundant U.S. natural gas to Europe as Russia moves to take control of part of the embattled nation.
*Gold still heads for weekly gain on Ukraine tensions. LONDON, March 7- Gold tumbled more than 1 percent on Friday after stronger-than-expected U.S. jobs data helped soothe fears of an abrupt slowdown in the world's biggest economy. Gold futures for April delivery fell $16.70 to $1,335.00 an ounce.
*Stocks exposed to Russia under renewed pressure. LONDON, March 7- European shares fell on Friday, amid growing tension over Crimea, as investors tried to shield themselves from any confrontation between Russia and Ukraine on the weekend.
WASHINGTON, March 7- The International Monetary Fund mission to Ukraine is "progressing well" and Ukrainian authorities are committed to economic reforms, a senior IMF official said on Friday after a visit to the country.
March 7- Credit card companies MasterCard Inc and Visa Inc said they had formed a new cross-industry group to enhance payment system security across networks.
*JPMorgan analysts apply 70 pct haircut on Italian banks' collateral. MILAN, March 7- The Bank of Italy is hiring up to five real estate consultants to assess whether banks are correctly valuing property used as loan collateral amid depressed market prices, potentially forcing them to set aside more cash against defaults.
PARIS, March 7- If French food group Danone decides to sell its slowing medical nutrition business, it is most likely to invest the proceeds in its faster growth baby food and dairy businesses, targeting acquisitions in Asia and Africa.
*Gazprom hints gas flows cuts to Ukraine and Europe may be repeated. *Ukraine failed to pay for Feb gas supplies on time- Gazprom.
*Cerberus Capital to buy Safeway; Safeway shares slip. NEW YORK, March 7- U.S. stocks rose modestly on Friday after an unexpectedly strong payrolls report in February, although gains were curbed by lingering tensions in Ukraine, with the S&P 500 at record highs.
DUBLIN, March 7- Ireland's largest listed companies are confident over half a decade of weak earnings, gloomy outlooks and shrinking dividends are behind them and that the economic upturn under way is sustainable and sensible.
NEW YORK, March 7- The dollar rose on Friday, boosted by an unexpectedly large jump in U.S. jobs growth that touched off enough buying to lift the greenback from a four-month low.
WASHINGTON, March 7- The International Monetary Fund mission to Ukraine is going well, and the Ukrainian authorities are committed to economic reforms, a senior IMF official said on Friday after a visit to the country.
*Copper has lost some 7 pct in 2013 on China demand woes. LONDON, March 7- Copper fell to its lowest level in over seven months on Friday as China's first domestic bond default added to growing concerns this week about slower economic growth in the world's top copper consumer. It was at $6,823 per tonne at 1502 GMT, from a close of $7,055 on Thursday.
Scots stand to lose out on their pension pots if they opt for independence in a vote this September, a senior British minister warned on Friday.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged above $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.