WASHINGTON— In a story July 16, The Associated Press reported that General Motors became the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall.» Read More
LONDON, Feb 28- Russia's rouble stayed near five-year lows to the dollar on Friday, hit by fears about instability in neighbouring Crimea, but Ukraine's hryvnia rebounded, trading 5-10 percent firmer on hopes of an IMF loan.
SWISS POLICE RAID GENEVA OFFICES OF YANUKOVICH FIRM IN MONEY-LAUDERING PROBE- GENEVA JUSTICE MINISTRY.
*Will invest jointly with Canada's OMERS, Japan's DBJ. TOKYO, Feb 28- Japan's public pension fund, the world's largest, reported a 4.73 percent return on investments in the October-December quarter, thanks to gains in Japanese stocks and an increase in the value of its foreign assets due to a weaker yen.
*Freeport McMoran says Indonesia unit may have to call force majeure. LONDON, Feb 28- Copper dipped on Friday and looked set to close flat on the month on lingering worries over a slowdown in China though soothing comments by Federal Reserve Chair Janet Yellen limited losses.
LONDON, Feb 28- European shares dipped on Friday as euro zone inflation data came in above expectations, which investors said could lessen the prospect of new monetary stimulus measures from the European Central Bank.
GENEVA PROSECUTOR SAYS OPENS MONEY LAUNDERING PROBE INTO VICTOR AND ALEXANDER YANUKOVICH.
Chief executive Mark Karpeles, bowing in contrition and wearing a suit instead of his customary T-shirt, apologised in Japanese at a news conference for the company's collapse, blaming "a weakness in our system."
BRUSSELS, Feb 28- Euro zone inflation stabilised in what the European Central Bank has called the "danger zone" in February, data showed on Friday, while unemployment remained stuck near record highs ahead of an ECB policy meeting next week.
*Purchase may also signal China's goal to build a global trading firm. SINGAPORE/ HONG KONG, Feb 28- China's biggest grains trader COFCO Corp said it is buying a 51 percent stake in Dutch peer Nidera, in a deal that will give the world's most populous country direct access to South American grain and oilseed supplies.
KIEV, Feb 28- Ukraine hopes to receive international financial aid soon and is determined to fulfil all the conditions needed to secure support from the International Monetary Fund, Prime Minister Arseny Yatseniuk said on Friday.
SIMFEROPOL, Ukraine, Feb 28- Armed men took control of two airports in the Crimea region on Friday in what Ukraine's government described as an invasion and occupation by Russian forces, raising tension between Moscow and the West.
SHANGHAI, Feb 28- China's central bank delivered two major surprises to investors this week: it engineered a sharp decline in the yuan against the dollar and at the same time relaxed its tight grip on money markets that had kept interest rates firm.
*Mounting tensions in Ukraine keep risk appetite in check. LONDON, Feb 28- Oil eased below $109 a barrel on Friday as tension in Ukraine dampened risk appetite and easing winter weather raised expectations of weaker demand.
Feb 28- China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus, which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers. China Eastern also said it signed a separate deal with Airbus to sell back seven used A300-600 jets.
*Cheung Kong, Sun Hung Kai best placed to benefit from mass-market demand. HONG KONG, Feb 28- When things get choppy at the top of the property ladder, it pays to have your feet planted on the middle rungs, which makes developers Cheung Kong and Sun Hung Kai Properties the best bets to weather the storm brewing in Hong Kong.
Tesco in Britain and Walmart in the United States, are selling their own branded tablets pitched at customers unwilling to pay $400 or more for an Apple or Samsung product.
Gox, once the world's biggest bitcoin exchange, has filed for bankruptcy protection at the Tokyo District Court, Japanese media reported on Friday. The website of Tokyo- based Mt. Gox went dark on Tuesday, raising concerns about the future of the unregulated virtual currency.
OSLO, Feb 28- Norway's $840 billion sovereign wealth fund sharply increased its exposure to government debt in the world's most advanced economies in the fourth quarter and also raised its African equity holdings, it said on Friday.
*Man Group rises; Erste, Pearson slip. LONDON, Feb 28- European shares edged higher on Friday, with cyclical stocks boosted by positive company news and expectations that a further drop in euro zone inflation may prompt the European Central Bank to ease policy.