LONDON, Dec 6- Financial markets were in a state of suspended animation on Friday as tension mounted ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.» Read More
Bondholders in the U.S. alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the BIS said.
MOSCOW, June 23- A passenger plane believed to be carrying former U.S. spy agency contractor Edward Snowden from Hong Kong landed in Moscow on Sunday. A source at the Russian airline Aeroflot said earlier on Sunday that Snowden planned to fly from Moscow to Cuba on Monday and then go on to Venezuela.
RIYADH, June 23- Saudi Arabia has announced it is switching its official weekend to Fridays and Saturdays, bringing the kingdom's working week closer in line with other countries in a move long desired by many of the country's businesses.
*Exit more challenging the longer expansive policy stays. *Size and scope of exit will be unprecedented. FRANKFURT, June 23- Central banks should not allow fears of disrupting markets to delay the timely withdrawal of cheap money they pumped out to calm crises, the Bank for International Settlements said on Sunday.
LONDON, June 23- Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements said on Sunday.
*Germany blocks plan to revive Turkey talks. BRUSSELS, June 23- The European Union is on the verge of scrapping a new round of membership talks with Turkey, a move that would further undermine Ankara's already slim hopes of joining the bloc and damage its relations with Brussels.
BATAVIA, NEW YORK, June 23- PepsiCo Inc- best known for Pepsi-Cola and Frito-Lay chips- is taking its Muller yogurt brand nationwide expanding its portfolio of healthier foods at a time that U.S. consumers are increasingly shunning traditional soft drinks.
NEW YORK, June 23- PepsiCo Inc is now in the U.S. yogurt market, trying to grab a piece of one of the fastest-growing segments of packaged food. 1994- Formed a joint venture with Starbucks to sell bottled coffees. 1998- Bought Tropicana juice for $3.3 billion.
MOSCOW, June 23- A passenger plane thought to be carrying former U.S. spy agency contractor Edward Snowden landed in Moscow on Sunday. Airport officials said the flight from Hong Kong had landed but could not immediately confirm Snowden, who is charged by Washington with espionage, was on board.
SHANGHAI, June 22- China's Sinopec Group has agreed to buy Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion, Asia's largest refiner producer said. Sonangal Sinopec International Ltd, the group's subsidiary, will acquire Houston- based Marathon's 10 percent stake on the Angolan field called Block 31, it said in a statement late on Friday.
HONG KONG, June 23- A former U.S. security contractor charged by Washington with espionage was allowed to leave Hong Kong on Sunday, his final destination not confirmed, because a U.S. request to have him arrested did not comply with the law, the Hong Kong government said.
DOHA, June 23- French companies have made offers on supplying military equipment to Qatar, including equipping its air force with Rafale fighter planes made by Dassault, President Francois Hollande said on Sunday.
DUBAI, June 23- Saudi Arabia on Sunday said it was switching its official weekend to Friday and Saturday, bringing the kingdom's working week in line with other members of the six-nation Gulf Cooperation Council.
LUXOR, Egypt, June 23- When President Mohamed Mursi made a hardline Islamist governor of Luxor, it seemed his latest folly to many in this city, and across Egypt, who depend on tourists already scared off by unrest since the revolution.
ENRC's co-founders- Alexander Machkevitch, Alijan Ibragimov and Patokh Chodiev- and Kazakhstan's government are seeking to acquire the roughly 46 percent of ENRC which they do not already control, offering cash plus the government's shareholding in Kazakh mining rival Kazakhmys, also listed in London.
DOHA, June 23- France and Qatar launched a mixed Franco-Qatari fund on Sunday to invest 300 million euros in small and medium-sized French companies, in a bid to quash concerns raised by a previous Qatari plan to invest specifically in depressed French suburbs.
SHANGHAI, June 23- There is ample liquidity in China and the latest spike in money market rates was a result of market distortions caused by widespread speculative trading and shadow financing, state news agency Xinhua said in a commentary on Sunday.
BEIJING, June 23- China's central bank rarely explains its actions in public and keeps markets guessing on policy, but the angst created by its stand off with banks in the money markets is prompting calls for it to change tack.
DOHA, June 23- France has made new offers on supplying military equipment to Qatar and is optimistic about the outcome, French President Francois Hollande said in an interview published on Sunday. France is the top military supplier to the Gulf state and has been hoping to sign a contract to equip Qatar's air force with Rafale fighter planes made by Dassault.
*Four hostages seized in Niger held for over 1,000 days. DAKAR, June 22- Eight European hostages, including five from France, being held by al Qaeda in the Islamic Maghreb are safe, the Islamist group said in a statement posted on its Twitter account on Saturday.