CRUDE OIL FUTURES TURN NEGATIVE POST-SETTLEMENT, AFTER CLOSING SESSION UP 1 PCT AND RALLYING MORE THAN 4 PCT EARLIER.» Read More
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to Pilgrims Pride Corp parent JBS SA for $575 million. Tyson, which also reported a 10.9 percent rise in quarterly sales, said it would use the sale proceeds to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co..
MOSCOW, July 28- Mikhail Khodorkovsky, once Russia's richest man and head of the now defunct Yukos company, said on Monday he was satisfied with a court ruling that awarded shareholders of the company over $50 billion in compensation in a legal battle against Russia.
KHODORKOVSKY SAYS HE IS NOT A PARTY TO THE LEGAL PROCEEDINGS, DOES NOT SEEK TO BENEFIT FINANCIALLY FROM OUTCOME.
Shares in film making company Europacorp, in which he holds a 44 percent stake or some 12.94 million shares, climbed 7.5 percent to 4.15 euros each, valuing his holding at 53.7 million euros, up by 3.75 million from Friday's stock market close.
FORMER TYCOON KHODORKOVSKY SAYS REGARDING YUKOS VERDICT: "FANTASTIC" THAT SHAREHOLDERS ARE "BEING GIVEN CHANCE TO RECOVER ASSETS".
YOKOHAMA, Japan, July 28- Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co.. It surpassed Hyundai Motor Co and is closing in on Honda, whose sales fell 0.8 percent during the same period.
*China ops to come under direct control of U.S. headquarters. "This is my company and events like these have a personal toll... they simply don't represent the values I stand for or those of my company," Sheldon Lavin, the millionaire chairman, CEO and owner of Illinois- based OSI Group LLC told a news conference in Shanghai.
July 28- Virgin America Inc, the low-cost airline partly owned by Sir Richard Branson, filed for an initial public offering of shares.
July 28- U.S. discount store chain Dollar Tree Inc offered to buy rival Family Dollar Stores Inc for an enterprise value of about $9.2 billion.
TEL AVIV, July 28- Leonid Nevzlin, the biggest ultimate beneficial owner of defunct oil giant Yukos, expressed satisfaction with the Hague's arbitration court ruling that Russia must pay a group of shareholders around $50 billion for expropriating its assets.
ISRAEL- LEONID NEVZLIN SAYS HE'S PLEASED HAGUE COURT RULED RUSSIA ILLEGALLY NATIONALISED YUKOS.
SAN FRANCISCO, July 28- Amazon.com Inc will offer 3 D printing services that allow customers to customize and build earrings, bobble head toys and other items from third-party sellers using a new personalization option on its website.
HONG KONG, July 28- China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/ 2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.
*Demand weak in Europe, Asia but supplies ample. *US, EU prepare more sanctions on Russia over Ukraine. LONDON, July 28- Brent crude oil slipped below $108 a barrel on Monday as weak demand in Europe and Asia and ample supply in the Atlantic basin outweighed political tensions in Ukraine and the Middle East.
*Jumia adding retail sites for Uganda, Ghana and Cameroon. BERLIN, July 28- Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets- Uganda, Ghana and Cameroon, the company said on Monday.
LONDON, July 28- Russia will have 180 days, until January 15 2015, to start paying the $50 billion awarded by the Hague's arbitration court to a group of Yukos shareholders, a lawyer for the shareholder group said on Monday.
AMSTERDAM, July 28- An international arbitration panel in the Netherlands on Monday ordered Moscow to pay $51.57 billion in damages to shareholders in the defunct oil giant Yukos, saying officials under President Vladimir Putin had manipulated the legal system to bankrupt the company.
RULING AGAINST RUSSIA IN YUKOS CASE OF $50 BLN IS ENFORCEABLE IMMEDIATELY, BUT RUSSIA WILL HAVE 180 DAYS, UNTIL JAN 15, BEFORE INTEREST STARTS BEING ACCRUED- GML GROUP OF SHAREHOLDERS' LAWYERS.
*Ruling comes amid turmoil in Ukraine and East-West rift. MOSCOW, July 28- The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.