Gold managed a modest gain, settling above a key technical support level, though it may be vulnerable to further losses as demand remains slack.» Read More
With its distinctive hump, the Boeing 747 has been a familiar sight at airports around the world for more than four decades, but its days could be numbered, at least at Delta Air Lines Inc..
*But has set up Singapore desk, hopes for more business in SE Asia. HONG KONG, April 23- The harsh climate for metal brokers is getting worse amid rocketing costs for trading which some firms have been passing on to customers, said an executive at a unit of Japan's Mitsubishi Corp..
SINGAPORE, April 23- Brent futures held above $109 a barrel on Wednesday with the global demand growth outlook largely unchanged after a Chinese manufacturing survey showed an easing pace of decline, while the unfolding Ukraine crisis kept any losses in check.
BEIJING— China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Wednesday its quarterly profit declined 9.4 percent from a year earlier despite a rise in customer numbers as spending per account declined.
SINGAPORE, April 23- Gold was trading near its lowest in more than two months on Wednesday as stronger equities dented the metal's safe-haven appeal and bullion funds showed weak investor appetite. *Spot gold was trading flat at $1,283.40 an ounce by 0021 GMT.
*Gold and forex similarities aid consolidation. LONDON, April 23- The increasing use of technology on financial trading floors is driving a trend for banks to roll precious metals operations into their forex businesses as a separate unit from other commodities activities.
LONDON, April 22- Barclays is to quit most of its commodities trading businesses, it said on Tuesday, joining a retreat prompted by falling profitability in the face of tougher regulation. Barclays said it would exit most of its metals, energy and agricultural trading but will continue trading precious metals, some oil and gas instruments and index products.
*Novartis to buy GSK's oncology assets for $14.5 bln. The deals, which include Novartis buying GSK's cancer drugs and GSK acquiring Novartis' vaccines business, came hot on the heels of a newspaper report that AstraZeneca had turned down a $101 billion bid approach from Pfizer- a story that sent shares across the sector surging.
*Novartis to buy GSK's oncology assets for $14.5 bln. *Lilly to buy Novartis' animal health arm for $5.4 bln.
BOSTON/ NEW YORK, April 21- Activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to make a joint run at buying wrinkle-treatment maker Allergan Inc, according to security filings on Monday.
Tensions in Ukraine still seen as a major risk. TOKYO, April 22- Asian shares were supported on Tuesday after Wall Street stocks extended gains into a fifth day, though investors continued to see tensions in Ukraine as a threat to risk appetite.
LONDON/ NEW YORK, April 21- Barclays is planning to withdraw from large parts of the metals, agricultural and energy markets as part of a restructuring of its investment bank, a person familiar with the matter said.
*Japan logs largest-ever trade deficit, nudges up dollar/yen. TOKYO, April 21- Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent.
*Ukraine on the radar in wake of fresh violence. TOKYO, April 21- Asian stock markets started the week on a subdued note on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent.
*Ukraine on the radar in wake of fresh violence. TOKYO, April 21- Asian stock markets started the week on a subdued note on Monday, as tensions in Ukraine kept investors cautious amid the absence of catalysts as several markets remained closed for Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent.
Wall Street is betting that Apple will offer investors tens of billions of dollars in new share buybacks this week.
*Copper futures slip after 1 pct gain in previous session. *Spot premiums at 600- 750 yuan/ tonne- analyst. SINGAPORE, April 18- Shanghai copper futures slipped on Friday after jumping the most in 2-1/ 2 weeks, but premiums in the spot market rose to their highest this year indicating growing demand in top consumer China.
SAN FRANCISCO/ HONG KONG, April 17- Weibo Corp executives on Thursday toasted the Chinese social media firm's debut at Nasdaq's New York headquarters.
*Schlumberger first-quarter profit $1.21/ share vs est. *Baker Hughes first-quarter adjusted profit $0.84/ shr est. April 17- Oilfield services companies Schlumberger Ltd and Baker Hughes Inc reported better-than-expected quarterly profits and signaled an improvement in the North American market, driven by increased drilling in the Gulf of Mexico.
Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division.