Foreign ministers meeting in Geneva agreed "initial concrete steps" to de-escalate the situation in Ukraine, they said in a joint statement.» Read More
*Hopes for Ukraine initiative dent safe-haven bids. LONDON, April 18- Gold was heading for a 1.8 percent weekly fall on Friday, dented by hopes that diplomatic efforts can calm violence in Ukraine and by strengthening U.S. economic data.
*Canadian company ready to mine off Papua New Guinea. NEWCASTLE, England/ LONDON, April 18- The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea- when a wrangle over terms is solved. The world waits for the judgement of a United Nations agency based in Jamaica.
TORONTO, April 17- Lululemon Athletica Inc, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday.
CONAKRY, April 17- Guinea's government has accepted a report recommending the cancellation of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian miner Vale, a spokesman said on state television on Thursday.
*To broaden products amid success of casual wear collection. TORONTO, April 17- Lululemon Athletica Inc, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday.
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday, stalling below $100 a barrel after the United States, Russia, Ukraine and the European Union jointly called for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
WASHINGTON, April 17- The U.S. Federal Reserve's Board of Governors took the unusual step of considering an enforcement issue on Thursday, less than two months after Chair Janet Yellen pledged that top officials would have more direct involvement in such decisions.
*Signs of diplomacy seen to ending violence in Ukraine. NEW YORK, April 17- The yen fell on Thursday as efforts toward finding a diplomatic solution to ending violence in eastern Ukraine prompted traders to trim safe-haven yen holdings ahead of the Easter holiday weekend.
NEW YORK/ LONDON, April 17- Platinum prices fell to their lowest in more than two weeks on Thursday, reversing initial gains after South Africa's biggest platinum producers offered to raise wages for miners in a bid to end a 13- week-old strike that has curbed metal output.
*U.S., Russia, Ukraine and EU issue joint statement. LOS ANGELES, April 17- Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data.
CNBC's John Harwood reports on a joint statement from finance ministers on Ukraine in advance of Secretary of State John Kerry's remarks.
CONAKRY, April 17- Guinea will announce the cancellation on Thursday of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian mining giant Vale, a senior government source said.
Quarterly results from Morgan Stanley, Goldman Sachs and General Electric improved risk sentiment, though results from tech heavyweights Google and IBM Corp were disappointing. "When we look at the U.S. results coming out today, there was a predominantly positive beat overall," Gerhard Schwarz, head of equity strategy at Baader Bank, said.
The head of a leading Russian hypermarket chain has shrugged off the ongoing crisis in Ukraine, and signaled willingness to open a store in Crimea.
LOS ANGELES, April 17- Brent crude oil climbed above $110 a barrel on Thursday as rising tensions in Ukraine raised fears of potential supply disruptions from Russia. With Russian troops massed on the border with Ukraine and three separatists killed overnight in eastern Ukraine, prospects of defusing the crisis at talks in Geneva appeared slim.
LONDON, April 17- Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London- based buyout firm Permira in a sale worth about 450 million euros, four sources close to the deal told Reuters.
Data compiled by Thomson Reuters shows that accumulation is happening mostly in Mexico, South Korea and Taiwan, which benefit from the U.S. economic recovery. India, Turkey, Brazil and South Africa bore the brunt of last year's emerging markets sell-off.
Alan Mendoza, executive director at the Henry Jackson Society, and Simon Ballard, head of credit strategy at National Australia Bank, discuss the crisis in Ukraine and the impact on markets.
LONDON— Britain's only Green Party lawmaker has been acquitted of charges stemming from her participation in a protest against shale gas extraction. Caroline Lucas was arrested in August after she and other demonstrators linked arms outside a fracking site near the southern English village of Balcombe.
BUENOS AIRES, April 17- Argentine President Cristina Fernandez is reversing some of the populist policies that defined her first six years in power and will have little choice but to stick to the new, more pragmatic path over the remaining 20 months of her final term.