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  • NKorea complains over barber's Kim Jong Un poster Wednesday, 16 Apr 2014 | 10:56 AM ET

    LONDON— North Korea has made a diplomatic appeal to the British government to get a London salon out of its hair. The country's diplomats have complained to the Foreign Office about a hairdressing salon that put up a poster poking fun at distinctively coiffed North Korean leader Kim Jong Un.

  • Russia's economy feels the sting of Ukraine crisis Wednesday, 16 Apr 2014 | 10:46 AM ET

    First quarter economic growth in Russia slowed and Moscow's economy minister is attributing it to uncertainty over the Ukraine crisis.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • UPDATE 6-Oil rises above $110 on mounting Ukraine tension Wednesday, 16 Apr 2014 | 10:25 AM ET

    *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose above $110 a barrel on Wednesday, shaking off slower economic growth in China, as tensions mounted in Ukraine.

  • NEW YORK, April 16- The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.

  • *Biggest falls at UBS, Deutsche Bank, Barclays and Lloyds. LONDON, April 16- Europe's top 30 banks cut assets by 2 trillion euros last year and are set to cut them again in 2014 as regulatory pressure prompts investment banks to shrink and retail banks sell some of their loans into a rising market.

  • *Credit Suisse Q1 net profit 859 mln Sfr vs poll 1.155 bln. ZURICH, April 16- Credit Suisse's said on Wednesday first-quarter net profit fell by more than a third due to a big drop in bond trading revenues, increasing pressure on CEO Brady Dougan to make deeper cuts to its investment banking business.

  • *Japan finmin upbeat on economy, hints pension fund may act. LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund.

  • Paul Weller's children win lawsuit over pictures Wednesday, 16 Apr 2014 | 7:45 AM ET

    Lawyers for the former front man of The Jam and his family sued Associated Newspapers over images of daughter Dylan and twin sons John Paul and Bowie that appeared on its MailOnline site.

  • LONDON, April 16- Starbucks Corp said on Wednesday it would move its European headquarters to London from the Netherlands and pay more tax in the UK as a result. Starbucks regional president Kris Engskov said London was "the perfect place to grow our European business".

  • European shares bounce back as Chinese data reassures Wednesday, 16 Apr 2014 | 7:00 AM ET

    *Euro STOXX 50 up 1 pct, moves back above 50- day moving average. PARIS, April 16- European shares rose on Wednesday, reversing the previous session's slide as economic growth data from China came a touch above forecasts. French utilities Veolia Environnement and Suez Environnement both surged around 3 percent, boosted by merger speculation.

  • UK: Ex-Co-op Bank chair charged with drug offenses Wednesday, 16 Apr 2014 | 6:39 AM ET

    LONDON— Police have charged the former chairman of Britain's troubled Co-operative Bank with drug offenses. West Yorkshire Police and prosecutors said Wednesday that Flowers was charged with possession of cocaine, methamphetamine and ketamime.

  • Russian economy hit by Ukraine turmoil Wednesday, 16 Apr 2014 | 6:06 AM ET

    MOSCOW— Russia's economy slowed sharply at the start of the year as the crisis in Ukraine spooked investors into pulling money out of the country. Russian markets have been rattled by the tensions with neighboring Ukraine, where Russia annexed the Black Sea region of Crimea last month. Europe is Russia's largest trading partner.

  • UK unemployment keeps falling amid recovery Wednesday, 16 Apr 2014 | 5:08 AM ET

    LONDON— Britain's unemployment rate has fallen below 7 percent for the first time in five years, with earnings growth narrowly outstripping inflation for the first time since 2010.. The Office for National Statistics said Wednesday that 2.24 million people were unemployed in the three months to February, a rate of 6.9 percent.

  • If filed, plane lawsuits might not get heard in US Wednesday, 16 Apr 2014 | 4:34 AM ET

    BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.

  • Oil flat near $104 despite huge US stock build Wednesday, 16 Apr 2014 | 4:20 AM ET

    The price of oil approached $105 a barrel Wednesday as concerns grew over the crisis in Ukraine, which took military action against separatists in its east. Officials from the U.S., Russia, Ukraine and the European Union are set to meet in Geneva on Thursday for negotiations aimed at persuading Russia to back off in Ukraine following its annexation of Crimea.

  • FOREX-Yen down on pension fund comments, UK wages eyed Wednesday, 16 Apr 2014 | 4:15 AM ET

    LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying by its giant state pension fund of Tokyo stocks.

  • European shares bounce back as Chinese data reassure Wednesday, 16 Apr 2014 | 4:11 AM ET

    *Euro STOXX 50 up 0.9 pct, moves back above 50- day moving average. *Credit Suisse, Danone drop after posting lower results. PARIS, April 16- European shares rose early on Wednesday, reversing the previous session's losses as data showed economic growth in China a touch above forecasts, while gains in Tesco also lifted markets.

  • *Nikkei leads the way, encouraged by late rally on Wall St. *UK, euro zone data in focus, Ukraine tensions simmer. LONDON, April 16- Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.

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