KIEV, Dec 11- Ukraine has asked the European Union to provide it with 20 billion euros in aid, Prime Minister Mykola Azarov was quoted as saying on Wednesday.» Read More
LONDON, July 23- European shares fell on Tuesday as a late sell-off knocked markets off 7- week highs reached earlier in the session, with semiconductors group STMicroelectronics leading the way after weak results.
LONDON, July 23- GlaxoSmithKline said on Tuesday it had faced problems with drug research in China in the past but these shortcomings had now been fixed, following internal changes and the sacking of its China R&D head in June.
DETROIT, July 23- Ford Motor Co will hire 3,000 salaried workers this year, mostly in Michigan, the company said Tuesday. The figure represents 800 more workers than previously announced. Ford said 80 percent of the new employees will be technical professionals with "new skills."
WASHINGTON, July 23- A senior U.S. lawmaker on Wednesday urged the Obama administration to push for tough trade rules on Japan autos in in a proposed free-trade agreement in the Asia-Pacific region.
*Treasury to sell $35 billion two-year notes. Treasuries fell on Tuesday ahead of a sale of $35 billion in two-year notes, the first of $99 billion in new intermediate-dated debt supply this week, with investors waiting for a Federal Reserve meeting next week for key policy clues.
WASHINGTON, July 23- A federal appeals court on Tuesday partially upheld U.S. Environmental Protection Agency regulations issued by former President George W. Bush's administration that set standards for ozone pollution.
CHICAGO, July 23- Caterpillar Inc released unaudited dealer data on Tuesday showing a slowdown in sales of its heavy equipment everywhere except North America, a possible warning sign ahead of the company's second-quarter earnings due on Wednesday.
*RBI to auction 60 bln rupees of cash management bills on July 25. MUMBAI, July 23- The Reserve Bank of India took further steps on Tuesday to tighten banking system liquidity and support the falling rupee, aggressively shrinking its daily borrowing window and ordering banks to set aside high cash reserves on a daily basis.
NEW YORK, July 23- CBS Corp Chief Executive Officer Leslie Moonves issued a memo to employees on Tuesday over an escalating programming fight with Time Warner Cable that threatens to pull popular shows like "The Big Bang Theory" off the air in several major markets.
TORONTO, July 23- Canada's Competition Tribunal has dismissed a complaint against credit card issuers that had alleged the rules they impose on merchants who accept their cards are too restrictive and anti-competitive.
*World shares gain as China signals support for growth. NEW YORK, July 23- World stock prices climbed closer to five-year highs on Tuesday, supported by signs China was moving to avoid a hard landing for its slowing economy, while the dollar hovered at its one-month low as a recent selloff slowed.
July 23- RadioShack Corp reported a wider-than-expected quarterly loss and announced the departure of its financial chief on Tuesday, stepping up the pressure on the struggling electronics retailer just months before the holiday selling season.
*Relations between Brussels and Budapest hit low ebb. BRUSSELS, July 23- The European Commission has dropped legal action against Hungary's special tax on the telecoms sector, one of a battery of measures that stoked annoyance in Brussels over the prime minister's unorthodox economic policies.
*Wheat pressured by U.S. winter crop harvest. CHICAGO, July 23- New-crop U.S. corn futures fell to their lowest level in more than 2-1/ 2 years on Tuesday as forecasts for nearly ideal weather during the crop's key development phase buoyed hopes for a record harvest.
OTTAWA, July 23- Canadian retail sales in May jumped by 1.9 percent from April to hit a record high, a clear sign that second-quarter growth could be significantly stronger than expected.
LONDON, July 23- European shares pared their earlier gains to turn flat on Tuesday, in a gradual, late session sell-off which some traders attributed to worries that Apple earnings may disappoint. Germany's DAX was down by 0.2 percent at 8,318.59 points while the euro zone's Euro STOXX 50 index was up 0.1 percent at 2,728.06 points but also below its session highs.
July 23- Peabody Energy Corp reported a surprise second-quarter profit on Tuesday as it benefited from a lower-than-expected tax rate, and shares of the world's largest private-sector coal miner jumped more than 7 percent. But Raymond James analyst James Rollyson said Peabody's operating results fell short of his expectations because of lower prices.
*Hungary c.bank delivers 12th interest rate cut to 4 pct. *More cuts will test market appetite for Hungary. BUDAPEST, July 23- Hungary cut its main interest rate to a new low of 4 percent on Tuesday and said it could eventually lower rates by another percentage point, but in a nod to global market volatility it said the next cuts could be in smaller increments.
*Telefonica says deal won't affect net debt to EBITDA ratio. BRUSSELS/ MADRID, July 23- Dutch telecoms group KPN will sell its German unit to Telefonica for 8.1 billion euros in cash and shares, in a long-awaited deal that will test antitrust regulators' views in Europe's largest mobile market.
July 23- Truck maker Paccar Inc reported a lower quarterly profit on Tuesday and trimmed its full-year sales forecasts for North America and Europe, where freight carriers are postponing purchases of new vehicles. Revenue from truck and engine sales, as well as Paccar's in-house finance unit, fell 3.6 percent to $4.30 billion.