May 22- Former Yahoo Inc executive Shashi Seth has joined Tribune Co to lead its digital ventures as the newspaper and broadcast company seeks new revenue sources.» Read More
LONDON, Jan 17- Brent oil futures rose above $110 per barrel on Thursday as the Algerian gas field hostage crisis fuelled concern over security of supply from the region. Brent futures rose $1.03 cents to $110.71 a barrel by 1432 GMT, after hitting a high of $110.89 a barrel.
NEW YORK, Jan 17- The yen tumbled on Thursday as investors soured on the currency in anticipation of aggressive policy easing by the Bank of Japan next week while the euro thrived as a series of strong sovereign bond auctions allayed fears about the region's three-year-old debt crisis.
AMSTERDAM, January 17- Dutch Finance Minister Jeroen Dijsselbloem said on Thursday he would formally put himself forward as a candidate for the chairmanship of the Eurogroup on Friday. "I intend to present myself as a candidate tomorrow," he told Dutch lawmakers at a sitting of the parliament's finance committee.
Mount Kellett Capital, which holds about 4.5 percent in SandRidge, said in a letter on Thursday that it was reviewing allegations by another investor, TPG-Axon, that Ward and his son acquired mineral rights and sold them to SandRidge or other oil and gas companies at a profit.
NEW YORK, Jan 17- Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in January, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index fell to -5.8 from 4.6 the month before. The survey covers factories in eastern Pennsylvania, southern New Jersey and Delaware.
Jan 17- Harry Winston Diamond Corp said on Thursday that a minority partner in BHP Billiton's Ekati diamond mine in northern Canada has filed a lawsuit to try to stop the top diversified miner from selling the project to Harry Winston.
In its latest annual outlook, published on Wednesday, BP predicts China will be the most successful country outside North America in developing shale gas by 2030. Given the country's enormous shale resources and large prospective market, coupled with its ready availability of capital and proven engineering expertise, it is hard to argue with that assessment.
Japan's Liberal Democratic party is back in power and determined to repeat the' beggar thy neighbor' policies that distort trade by cheapening the value of the yen to promote economic growth in Japan at the expense of its trading partners, " Matt Blunt, president of the American Automotive Policy Council, said in a statement.
BRUSSELS/ LONDON, Jan 17- Momentum for a trade deal between the United States and European Union is a challenge to Britons who say London is better off without Brussels and hands Prime Minister David Cameron a strong argument to resist their pressure.
Jan 17- Elpida Memory Inc won court approval for technology deals over the objections of U.S. bondholders, who argued the agreements were an attempt to bind the bankrupt chipmaker to a proposed $2.5 billion sale to Micron Technology Inc..
*Dell stock up 1.7 percent at $12.82. Jan 17- Singapore state investor Temasek Holdings Pte Ltd is not interested in investing in Dell Inc as part of a consortium led by private equity firm Silver Lake Partners, a source with knowledge of the matter said.
LISBON, Jan 17- Bailed-out Portugal has authorised the country's debt agency to tap into improving market sentiment by issuing bonds and bills with an eye to a full return to markets "as soon as possible". "it means Portugal can go to the markets at any moment," he said.
MOSCOW, Jan 17- Russia sought on Thursday to calm a' currency war' that has flared between the developed and emerging worlds and threatens to dominate Moscow's annual presidency of the Group of 20 forum.
NEW YORK, Jan 17- U.S. stocks hit a five-year high at the open on Thursday after better-than-expected results from online marketplace eBay and as data showed first-time claims for unemployment benefits dropped to a five-year low. The Dow Jones industrial average gained 31.80 points, or 0.24 percent, to 13,543.03.
U.S. front-month February crude was up $1.12 at $95.36 a barrel at 9:27 a.m. EST, having traded from $93.80 to $95.40.
*Gunmen demand end to French war in Mali. The standoff, which began when gunmen stormed the gas plant on Wednesday morning demanding a halt to a French military operation in neighbouring Mali, has unfolded into one of the biggest international hostage crises in decades.
KHARTOUM, Jan 17- Sudan has won a $1.5 billion loan from the state-run China Development Bank, which Khartoum hopes will ease the country's severe economic crisis.
WASHINGTON, Jan 17- The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, a hopeful sign for the sluggish labor market. Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000, the lowest level since January 2008, the Labor Department said.
Jan 17- Singapore state investor Temasek Holdings Pte Ltd is not interested in investing in Dell Inc as part of a consortium led by private equity firm Silver Lake Partners, a source with knowledge of the matter said.
LONDON, Jan 17- Algeria has told Britain that an operation is in progress at a gas plant in the Sahara where al Qaeda- linked militants have kidnapped dozens of hostages, a spokesman for the British Foreign Office said in London. "The Algerian authorities have confirmed that there is an ongoing operation," the spokesman said. He had no comment on reports of casualties.