Samir Brikho, CEO of AMEC, says the geopolitical tension in Europe from the Ukraine crisis is "alarming" for energy security.» Read More
With capital flooding out of the country, the stock market falling, the Crimea seizure is turning out to be a costly move.
*Ukraine peace deal falters as rebels dig in. LONDON, April 22- Brent futures slipped below $110 a barrel on Tuesday but held near a six-week high as a pact to calm tensions in Ukraine faltered, while rising U.S. crude stockpiles weighed on prices.
*Novartis to buy GSK's oncology assets for $14.5 bln. *Lilly to buy Novartis' animal health arm for $5.4 bln.
DETROIT— General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.
LONDON, April 22- M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which held at a two week low against the dollar on rising expectations of further policy easing by the European Central Bank.
Roderic Lyne, former U.K. ambassador to Russia, explains that Russia wants an "emasculated Ukraine" and says the crisis is helping Putin divert his country's attention away from the economy.
*China nickel ore imports from Indonesia down sharply. SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
MADRID, April 22- Carmen Collado has laundered hospital linen in Madrid for 11 years. But her employment does her, and Spain, few favours in the long term.
David Dalton, eastern Europe editor of the Economist Intelligence Unit, says the Geneva accord which aimed to resolve the Ukraine crisis is looking "fragile".
James Marson, reporter at the Wall Street Journal, said the violence in east Ukraine is getting "a lot worse" as reports of shootings surface.
SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
SINGAPORE, April 22- Copper futures on the London Metal Exchange slipped on Tuesday as the bourse reopened after a long holiday weekend, still pressured by worries over Chinese demand amid a slowdown in the world's top user of the industrial metal.
Federal Reserve, Ben Bernanke, will give a speech entitled "Eight Years of Crisis Management at the Federal Reserve and the Way Forward"- 1545 GMT. HALIFAX, Canada- Canadian Finance Minister Joe Oliver will speak at a Halifax Chamber of Commerce lunch in Nova Scotia- 1545 GMT.
Jen Psaki of the State Department suggested that Vladimir Putin could be sanctioned by the US over the crisis in Ukraine, but not immediately.
Pfizer Inc may come back to bid for British drug company AstraZeneca Plc after its reported 60 billion pound takeover approach was rejected.
*Eyes on Ukraine peace deal, further sanctions on Russia. NEW YORK, April 21- Brent crude oil strengthened slightly while U.S. crude futures were briefly supported by positive economic data on Monday but prices were range-bound in low volumes following Easter Sunday with no significant escalation in tensions over Ukraine.
*Wheat suffers biggest one-day drop in more than a year. "Wheat is the star of the show," said Sterling Smith, futures specialist for Citi. Chicago Board of Trade wheat for May delivery closed down 23 cents, or 3.3 percent, at $6.68-1/ 4 after touching a one-week low of $6.62-3/ 4 earlier in the session.
*Wheat drops 3.6 percent to one-week low. Wheat futures dropped 3.6 percent to a one-week low on expectations for more rainfall in the drought-stricken Plains. Chicago Board of Trade wheat for May delivery was down 25-1/ 2 cents, or 3.7 percent, at $6.65-3/ 4 a bushel at 10:15 a.m CDT.
*Ukraine peace deal falters, with no rebel surrender. LONDON, April 21- Oil strengthened slightly on Monday, with U.S. crude futures supported by positive economic data, but oil prices were still below highs reached on Thursday as traders saw little new to augment their worries over tensions in Ukraine.
*Australia, Hong Kong, London closed for Easter. NEW YORK/ SINGAPORE, April 21- Gold prices fell to a nearly three-week low in thin trade on Monday, as sharp outflows from the world's biggest bullion-backed exchange-traded fund and no further escalation of geopolitical tensions prompted selling.