Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..» Read More
NEW YORK, April 24- Money manager and arts patron Alberto Vilar was resentenced on Thursday to 10 years in prison, a year longer than previously, in connection with his 2008 conviction for fraud and money laundering.
Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp are among a dozen companies that have agreed to be founding members of a group known as Core Infrastructure Initiative. Other early supporters are Dell, Fujitsu Ltd NetApp Inc, Rackspace Hosting Inc and VMware Inc.
*Apple rallies, announces 7- for-1 stock split. *Caterpillar gains after results; Verizon, 3 M fall. NEW YORK, April 24- U.S. stocks rose in a volatile session on Thursday as Apple and Caterpillar were the latest high-profile names to post bullish results, though gains were limited by a resurgence of concerns related to Ukraine.
By Seda Sezer and Daren Butler. ISTANBUL, April 24- Turkey's central bank kept its main interest rates on hold on Thursday, ignoring political pressure for cuts to the extent of saying it will keep monetary policy tight until the inflation outlook improves significantly.
NEW YORK, April 24- New rules on "net neutrality" are expected to allow Internet providers to negotiate agreements with content providers on the delivery of traffic to users as long as the deals they strike are "commercially reasonable," U.S. telecoms regulators said on Thursday.
WASHINGTON, April 24- In an unusual move, three top officials with the U.S. Federal Trade Commission on Thursday came out in opposition to laws that ban automakers like Tesla Motors Inc from selling their automobiles directly to consumers. Such laws are currently in place in Arizona, Maryland, New Jersey, Texas and Virginia.
WHEELER SAYS TEST OF WHETHER RULES ARE "COMMERCIALLY UNREASONABLE" WILL PROTECT AGAINST ABUSIVE MARKET ACTIVITY.
WHEELER SAYS RULES WILL INCLUDE "NO BLOCKING OF LAWFUL CONTENT, AND NO UNREASONABLE DISCRIMINATION AMONG USERS".
*Russia launches army drills near Ukraine border. NEW YORK, April 24- Global stock markets and the dollar pulled back from strong early gains on Thursday on worries about rising tensions in Ukraine, but U.S. technology shares were higher on upbeat earnings from Apple and Facebook.
FCC CHAIRMAN WHEELER IN BLOG POST, SAYS NEW NET NEUTRALITY RULES WILL NOT CHANGE "UNDERLYING GOALS OF TRANSPARENCY".
NEW YORK, April 24- If famed investor Jim Rogers is known for one trait above all, it is for spotting themes early-- and betting on them big. So when the co-founder of The Quantum Fund and author of "Adventure Capitalist" became a father, he naturally thought of how best to give his daughters an advantage.
SHANGHAI, April 24- Warren Buffett- backed Chinese carmaker BYD Co posted an 89 percent drop in first-quarter earnings on Thursday, hit by falling vehicle sales. BYD and other Chinese carmakers, including Geely Automobile Holdings and Chery Automobile Co, are losing market share to foreign rivals such as Volkswagen, General Motors and Ford.
LONDON, April 24- Gold erased earlier losses on Thursday, as new signs of an escalation in tensions in Ukraine hit global stock markets, bolstering the metal's appeal as an insurance against risk.
BRENT OIL EXTENDS GAINS TO MORE THAN $1 A BARREL TO OVER $110.
NEW YORK, April 24- Verizon Communications Inc said it will try to avoid following rivals into the practice of winning more customers through discounts, as the company's quarterly profit fell short of Wall Street expectations on Thursday.
BOSTON, April 24- A prominent investor shareholder advisory firm recommended that Sotheby's investors should vote for two of the three board candidates suggested by activist investor Daniel Loeb.
*America Movil takes operational control of Telekom Austria. VIENNA, April 24- Mexican tycoon Carlos Slim plans to use Telekom Austria as a base to build a European telecommunications network after sealing an eleventh-hour deal with the Austrian state to take control of the company.
*Western oil majors sticking with Russia projects. MOSCOW, April 24- President Vladimir Putin said on Thursday that Ukraine- related sanctions were hurting Russia while one of his ministers said foreign oil and gas companies that quit the country would not be able to return soon.
SAO PAULO, April 24- Brazil is investigating a potential case of atypical mad cow disease, the agriculture ministry said on Thursday, just over a year after several countries banned Brazilian beef imports when a similar case of the disease was confirmed.
HANOI, April 24- Communist Vietnam is suddenly Apple Inc's hottest market after its sales growth tripled in the first three months of the year, a rate five times faster than in India where it is spending heavily in a battle for market share. Vietnam has barely received a mention from Apple executives in their regular briefings for financial analysts.