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  • Russian retailer Lenta undeterred by Ukraine crisis Thursday, 17 Apr 2014 | 11:53 AM ET
    A customer counts ruble banknotes to pay for goods at a Lenta supermarket in Moscow, Russia.

    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.

  • UPDATE 8-Brent, U.S. oil rise as Ukraine tensions mount Thursday, 17 Apr 2014 | 11:53 AM ET

    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.

  • Ukraine is prepared to take action: Pro     Thursday, 17 Apr 2014 | 11:00 AM ET

    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.

  • Green UK lawmaker cleared over fracking protest Thursday, 17 Apr 2014 | 10:46 AM ET

    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.

  • *Loss includes bank recapitalisation, Somerfield charge. LONDON, April 17- Britain's Co-operative Group made a loss of 2.5 billion pounds in 2013, capping the worst 12 months in the mutual's 150- year history and ramming home the need for radical reform if it is to survive.

  • *Morgan Stanley says "strong performance" bolstered FICC. LONDON/ NEW YORK, April 17- Goldman Sachs and Morgan Stanley both cited stronger commodities trading as a bright spot in the first quarter, fueled at least in part by extraordinary volatility amid the coldest U.S. winter in three decades.

  • Strong European currencies eat into company profits Thursday, 17 Apr 2014 | 9:42 AM ET

    *Others want European Central Bank to act. Some of Europe's largest companies including Danone, SAP AG and L'Oreal have posted buoyant first-quarter sales volumes in the past week thanks largely to strong demand in emerging markets such as Brazil and in North America.

  • LONDON, April 17- Brent crude oil was steady below $110 a barrel on Thursday, after hitting a six-week high in the previous session, as traders assessed whether rising tensions in Ukraine could disrupt supplies from Russia.

  • *Morgan Stanley says "strong performance" bolstered FICC. LONDON, April 17- Goldman Sachs and Morgan Stanley both reported stronger net revenue in commodities trading during the first quarter on Thursday, as the two longest-serving banks in the sector took on more risk and benefited from rivals scaling back.

  • NY-based co. closing Syracuse-area lab in July Thursday, 17 Apr 2014 | 7:53 AM ET

    CICERO, N.Y.— An Albany-based pharmaceutical company that's part of a $250 million economic development project in Buffalo is shutting down its Syracuse- area research center, eliminating 45 jobs. Albany Molecular Research Inc. announced Wednesday that it will close its 12- year-old facility in Cicero on July 15.

  • LONDON, April 17- Brent crude oil slipped towards $109 a barrel on Thursday, after hitting a six-week high in the previous session, as traders assessed whether rising tensions in Ukraine could disrupt supplies from Russia.

  • *Earnings depress Google, IBM in after-hours trade. LONDON, April 17- European shares fell and U.S. futures pointed to a weaker open on Wall Street on Thursday after disappointing results from tech heavyweights Google and IBM, while the dollar fell on dovish U.S.

  • LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen reiterated an accommodative monetary policy stance in comments.

  • Britain's Co-op posts loss in 'disastrous' year Thursday, 17 Apr 2014 | 6:24 AM ET

    LONDON— The Co-operative Group, Britain's largest mutual society, on Thursday posted a 2.5 billion-pound loss for 2013, a year its chief executive called "disastrous." But it ran into financial trouble after its banking unit developed a 1.5 billion-pound black hole following its 2009 acquisition of the Britannia Building Society.

  • LONDON, April 17- Nickel pushed higher on Thursday as speculators continued to buy due to ongoing concerns over supply from Indonesia and Russia, but some analysts worried that prices had overshot fundamentals.

  • *ROE in 2013 was 6.6 percent across top European quoted banks. *Bank ROE level about 40 pct of wider market returns. LONDON, April 17- Europe's largest banks are generating a poor return on their capital, well below their post-crisis targets, as muted credit growth slows their recovery and progress on costs is swallowed by unexpectedly high loan losses.

  • LONDON, April 17- Brent crude steadied under $110 a barrel on Thursday, after hitting a six-week high in the previous session, as traders assessed the risk that rising tensions in Ukraine could disrupt supplies from Russia.

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