*Euro still smarting from' Cyprus model' suspicions. *Little sign of contagion to Italy, Spain. TOKYO, March 27- The euro hovered near a four-month low against the dollar on Wednesday after a rescue deal for Cyprus raised fears about financial stability in the currency bloc, while the yen slipped on hopes of more bond buying by the Bank of Japan.
Industrial and Commercial Bank of China, Bank of Communications, China Life Insurance and CITIC Securities Co Ltd are among Chinese financial companies due to post 2012 results later in the day. Aluminum Corporation of China Ltd, Angang Steel Co Ltd, China COSCO, ZTE Corporation and Zijin Mining Group Co Ltd are among other notable releases.
NEW YORK, March 26- T-Mobile USA said on Tuesday that it will start selling Apple Inc's iPhone on April 12, making it the last of the big national U.S. operators to sell the popular smartphone.
*Travelers left stranded in Frankfurt. FRANKFURT, March 21- Lufthansa canceled close to 40 percent of its flights on Thursday as staff went on strike on the eve of wage talks with the German airline, which is trying to cut costs to compete with Middle East and low-cost carriers.
*Gold breaks below $1,600/ oz after Cyprus resolution. LONDON, March 26- Gold fell on Tuesday as safe-haven demand ebbed after Cyprus clinched a last-ditch rescue deal, and U.S. data showing continued gradual improvement in the economy also weighed.
NEW YORK, March 26- Hedge fund manager Steven A. Cohen has bought a famous Picasso painting from casino mogul Steve Wynn for a record price, according to a report in the New York Post on Tuesday.
NEW YORK, March 26- T-Mobile USA said on Tuesday that it will start selling Apple Inc's iPhone on April 12, making it the last of the big national U.S. operators to sell the popular smartphone.
March 26- Warren Buffett will become one of Goldman Sachs' ten largest shareholders essentially for free, after he and the bank amended a 2008 deal to exchange his potential profit on Goldman warrants for stock. Under a 2008 deal, Buffett had held the right to acquire about 43.5 million shares of stock at an exercise price of $115.
*Gold breaks below $1,600/ oz after Cyprus resolution. LONDON, March 26- Gold fell on Tuesday as safe-haven demand ebbed after Cyprus clinched a last-ditch rescue deal, while the European Central Bank worked to allay anxiety that the bailout could have negative implications for other euro zone states.
BRUSSELS, March 26- EU antitrust regulators expanded their nearly two-year long investigation into the credit default swaps market on Tuesday to include industry body International Swaps and Derivatives Association.
*Options volumes rise after big FX spot moves. LONDON, March 25- Banks are strengthening their foreign exchange options desks, investing in people and technology, as companies and hedge funds seek protection or profit from big moves in major currencies.
BRUSSELS, March 25- The European Commission wants to speed up the visa process for foreign students and allow them to work in the 27- nation bloc despite record unemployment and a stagnating economy, arguing Europe has many skilled jobs that go unfilled.
Gulf of Mexico just 12 miles from another discovery announced last week by partners Anadarko Petroleum Corp and ConocoPhillips. Other owners of Coronado are ConocoPhillips with 35 percent, a unit of Anadarko with 15 percent and Venari Offshore LLC with 10 percent stake.
KUWAIT, March 25- Current oil prices are fair, Kuwait's oil minister told reporters on Monday on the sidelines of an energy conference in Kuwait. "The prices now are fair," Hani Hussein said. Brent crude rose above $108 a barrel on Monday after ending last week down 2.2 percent in its second straight week of losses.
*Quarterly profit beats Wall Street estimates. March 22- Tiffany& Co said the pace of its worldwide sales growth would pick up this year, helped by faster growth in Asia and a more compelling selection of lower-price silver jewelry. "It's relief that things are normalizing in China and in its silver jewelry," Morningstar analyst Paul Swinand said.
Just do it, is the advice of the London schoolboy who's just sold his smartphone news app to Yahoo for a reported $30 million. The terms of the sale, four months after Summly was launched for the iPhone, have not been disclosed and D'Aloisio, who is still studying for school exams while joining Yahoo as its youngest employee, was not saying.
*eBay to favor growth over profit margins- analyst. The move increases PayPal's potential market by a factor of at least 10, and has been a big driver of the shares of owner eBay Inc, which surged 68 percent in 2012..
DETROIT, March 25- U.S. automakers joined other Michigan businesses on Monday in donating $8 million for new ambulances and police cars to Detroit as state-appointed emergency manager Kevyn Orr took over running the destitute city.
BRUSSELS, March 25- A rescue programme agreed for Cyprus on Monday represents a new template for resolving euro zone banking problems and other countries may have to restructure their banking sectors, the head of the region's finance ministers said.
MOSCOW, March 25- Russia signalled on Monday it would backstop the European Union's bailout of Cyprus despite anger that the weekend rescue deal would impose heavy losses on uninsured depositors, many of them Russian.