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  • CAIRO/ BENGHAZI, April 21- Libya's official government has so far failed to sell oil on its own via an account and middlemen in Dubai, as customers continue to buy crude directly from a state oil firm under the control of a rival government, oil sources said. Libya's internationally recognised Prime Minister Abdullah al-Thinni said this month that oil sales would...

  • US STOCKS-Wall St mixed as earnings offset merger news Tuesday, 21 Apr 2015 | 11:58 AM ET

    Travelers, DuPont and IBM weighed the most on the Dow industrials. IBM also mentioned currency effects when it reported a fall in revenue late on Monday. Dupont was down 2.6 percent at $70.92 and IBM fell 1 percent to $164.41.

  • FOREX-Euro turns up as dollar trims gains Tuesday, 21 Apr 2015 | 11:47 AM ET

    *Euro pares losses over Greece. The report aggravated worries that Greece was heading towards a cash crunch, which would force it to default on its debt and eventually exit the currency union. "We are having a bit of a flight to safety relating to Greece," said Kathy Lien, managing director at BK Asset Management in New York.

  • PARIS/ HELSINKI/ STOCKHOLM, April 21- Nokia's acquisition of smaller rival Alcatel-Lucent may avoid the pitfalls that befell earlier telecom network equipment marriages, thanks to a revolution over the past decade in how products are launched and developed. Nokia has promised 900 million euros of cost savings by 2019 from the Alcatel-Lucent acquisition,...

  • Bonar 2024s slip as Argentina tries local sale Tuesday, 21 Apr 2015 | 11:45 AM ET

    "This will be a test on whether this is a market Argentina can issue in and whether there is any legal backlash," said Siobhan Morden, head of Latin America strategy at Jefferies. Argentina was forced to shelve a US $2 bn- plus sale of the Bonar 2024 s in March when bookrunners Deutsche Bank and JP Morgan backed away from the deal. An injunction from Griesa last year...

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • VIENNA, April 21- European Union leaders should agree on concrete funding for stepped-up Mediterranean search and rescue operations for migrants at a special summit this week, European Commission President Jean-Claude Juncker said on Tuesday. "In terms of funding needed for rescue missions at sea I expect that we don't ask questions on Thursday but offer...

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • The IPO filing follows the successful listing of hamburger chain Shake Shack Inc in January and Habit Restaurants Inc in November. Fogo de Chao, back by private equity firm Thomas H. Lee Partners LP, has 26 restaurants in the United States and nine in Brazil, according to a regulatory filing on Monday. Fogo de Chao started as a restaurant in Porto Alegre, Brazil, in...

  • *China demand weaker than expected so far in 2015- Antaike. *Tin up nearly 6 percent as PT Timah cuts output. LONDON, April 21- Copper prices softened on Tuesday as worries about weak demand from top consumer China soured sentiment, while tin rallied on news that a major Indonesian producer had cut output.

  • BRUSSELS, April 21- Euro zone finance ministers will not set any deadline for Greece to come up with reforms to get more funding because such time limits lead to brinkmanship in negotiations, a senior euro zone official said on Tuesday. Greece, which is quickly running out of cash, pledged to its euro zone partners in February that by the end of April it would agree...

  • WASHINGTON, April 21- The U.S. Supreme Court on Tuesday ruled that a federal law governing the natural gas market does not shield energy companies from state antitrust claims made over the western U.S. energy crisis between 2000 and 2002.. The ruling, on a 7-2 vote, was a loss for several energy companies, including American Electric Power Company Inc, Dynegy Inc and...

  • UPDATE 1-Oil unlikely to hit new 2015 lows - traders Tuesday, 21 Apr 2015 | 11:03 AM ET

    LAUSANNE, Switzerland, April 21- Oil prices could weaken again but they are unlikely to plumb new depths this year, leading commodities traders said on Tuesday, citing strengthening demand. Ian Taylor, head of the world's largest oil trader, Vitol, told Reuters he thought global benchmark Brent crude oil, which tumbled 60 percent to just above $45 a barrel in...

  • KAGOSHIMA, Japan, April 22- A Japanese court will rule on Wednesday on an injunction to block the restart of two more nuclear reactors, a decision that could determine whether a legal drive by citizens to prevent the reopening of the sector on safety grounds will gather steam. A court order preventing Kyushu Electric Power Co from operating Sendai would risk...

  • *Reiterates 2015 operating profit of 5.6- 5.9 bln euros. FRANKFURT, April 21- The weaker euro boosted revenue at German business software maker SAP in the first three months of the year and drove operating profit up 15 percent, although a rise in newer cloud-based software sales squeezed margins. Europe's largest software company said on Tuesday its...

  • Goldman Sachs settles London discrimination case Tuesday, 21 Apr 2015 | 10:58 AM ET

    LONDON, April 21- Goldman Sachs has reached an out-of-court settlement in London with a female vice president who alleged the Wall Street bank owed her millions of pounds in unpaid bonuses and discriminated against her after she revealed she was pregnant. Goldman Sachs said on Tuesday it had reached a confidential deal with Sonia Pereiro-Mendez, a distressed...

  • *ECB may reduce collateral value for Greek banks- Bloomberg. Treasuries prices were little changed on Tuesday, steadying after the prior day's losses, as worries about Greek banks' access to cash were offset Staff at the European Central Bank have prepared a plan to reduce further the value it assigns to securities Greek banks use to get emergency funding,...

  • MUMBAI, April 21- An Indian parliamentary committee has recommended that price caps should be extended to all drugs in the country and that the government should expedite the capping process. Indian law allows the National Pharmaceutical Pricing Authority regulator to fix prices of drugs on a list of essential medicines, thereby keeping prices in check in a...

  • NEW YORK, April 21- The European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise. But it has lost market share as Russian consumers have adopted Android-based cell phones that come pre-loaded with Google products...

  • ZURICH, April 21- U.S. shareholder adviser ISS has recommended Holcim investors back the Swiss cement maker's proposed merger with France's Lafarge ahead of next month's shareholder vote on the $40 billion tie-up. Backing from ISS is a boost to Zurich- based Holcim as it seeks to win the support of two-thirds of investors at a shareholder meeting on May 8 in order...