*OPEC decides against cutting output. Investors took aim at currencies of oil-rich countries as oil prices fell after the OPEC decision. The yen weakened as falling oil prices softened Japan's inflation outlook, fanning expectations of more policy easing by the Bank of Japan.» Read More
Trade ministers from the 12 Trans-Pacific Partnership countries said after May meetings in Singapore the talks gained momentum and they would step up efforts over coming weeks.
MILAN/ ROME, June 5- Alitalia is expected to give an initial green light to a tie-up with Etihad Airways at a board meeting on Friday in a last-ditch attempt to save a carrier that many in the industry have regarded as a lost cause.
*Ukraine president-elect works on peace plan with Western leaders. NEW YORK, June 5- Brent turned slightly higher and U.S. crude oil pared losses on Thursday in choppy trading as the euro and dollar reacted to the European Central Bank's interest rate cut. U.S. crude was down 36 cents to $102.28 at 12:55 p.m. EDT.
NEW YORK/ LONDON, June 5- Gold rose about 1 percent on Thursday, and seemed headed for its biggest gain in three weeks, after the European Central Bank cut interest rates to record lows and unveiled a package of new stimulus measures. At 12:00 p.m. EDT, bullion's spot price was up 0.9 percent at $1,254.20 an ounce, and looked to be headed for its biggest gain since May 14.
HOUSTON, June 5- FUELogistics, a privately-held company in Utah, said on Thursday it broke ground on what could be the first crude oil upgrader to open in the United States, and it hopes to turn cheap waxy crudes from the Uintah basin into more lucrative ones.
NEW YORK/ DETROIT, June 5- The top lawyer at General Motors Co has survived the automaker's struggles over an ignition-switch defect, as a rash of firings announced on Thursday touched the corporate legal department he oversees.
GM PLAYED DOWN LEVEL OF RISK POSED BY IGNITION SWITCH BY REMOVING THE WORD "STALL" FROM NOTICES SENT TO DEALERS- GM INTERNAL REPORT.
LONDON, June 5- European Central Bank President Mario Draghi said on Thursday the rise of Eurosceptic parties in recent European parliament elections gave reason for deeper reflection on Europe's future.
FRANKFURT, June 5- Deutsche Bank is being investigated by regulators looking to see whether it hired the children of Chinese government officials as a way to make connections and attract business, a source with knowledge of the probe told Reuters.
SEC PLANNING TO REQUIRE MORE DISCLOSURE ON HOW BROKERS ROUTE ORDERS FOR INSTITUTIONAL INVESTORS.
SEC'S WHITE SAYS DEVELOPING RULES TO BOLSTER TRANSPARENCY OF ALTERNATIVE TRADING VENUES SUCH AS DARK POOLS, INTERNALIZERS.
SEC'S WHITE SAYS DEVELOPING RULES TARGETING HIGH-SPEED TRADERS, DARK POOLS, BROKER INSTITUTIONAL ORDER ROUTING.
Securities and Exchange Commission Chair Mary Jo White's ambitious proposals, unveiled in a speech in New York City, mark the first time she has articulated her plan for revamping equity market structure rules since she took over at the SEC in the spring of 2013.. White also said the SEC is working on a handful of transparency measures.
WHITE SAYS EXCHANGES WILL BE ORDERED TO REVIEW ORDER TYPES AND POSSIBLY MAKE CHANGES TO CLARIFY HOW THEY WORK.
SEC CRAFTING "ANTI-DISRUPTIVE TRADING RULE" TO PROHIBIT SHORT-TERM TRADING IN VULNERABLE MARKET CONDITIONS.
SEC ALSO LIKELY TO REQUIRE HIGH-SPEED TRADING FIRMS TO BE OVERSEEN BY WALL STREET FUNDED-REGULATOR FINRA ATTRIBUTION?
WHITE ALSO LAYS OUT MORE LONG-TERM GOALS TO STUDY HOW REGULATIONS HAVE IMPACTED MARKETS.
SEC CHAIR MARY JO WHITE UNVEILS HER PLAN TO REVAMP EQUITY MARKET STRUCTURE WITH MAJOR REGULATORY PROPOSALS.
PARIS/ BRUSSELS, June 5- President Barack Obama dismissed on Thursday any prospect that he might intervene in the case of BNP Paribas bank, which faces a possible huge fine for U.S. sanctions busting, despite pressure from his French counterpart.
*Deutsche Bank underperforms as it warns of large fines. LONDON, June 5- Euro zone shares rose on Thursday, led by banks in peripheral countries, as the European Central Bank unveiled a string of measures to fight low inflation and boost the currency bloc's economy.