LUGANO, Switzerland- Swiss National Bank Vice President Jean-Pierre Danthine speaks at the UBS Session: The Role of Finance in Society- 1130 GMT. LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.» Read More
March 6- Joy Global Inc reported a two-thirds drop in quarterly profit due to lower demand for mining equipment in the middle of a coal glut, but the company said maintenance revenue was rising as miners can no longer delay work on old equipment.
March 6- Endo International Plc said the U.S. Food and Drug Administration approved its thrice-rejected testosterone replacement therapy, Aveed, to treat male hypogonadism.
LONDON, March 6- The euro inched higher on Thursday as the European Central Bank kept interest rates on hold, shaking out some bets of a cut in base rates to support euro zone growth and weaken returns on the single currency versus its peers. That puts the onus on a news conference by President Mario Draghi starting at 1330 GMT.
LONDON, March 6- Copper was steady and some other base metals slipped on Thursday on investor concern over future demand in top metals consumer China after more details emerged about reform plans.
*Efforts to resolve Ukraine crisis continue. LONDON, March 6- Gold was flat on Thursday as diplomatic efforts to cool the Ukraine crisis depressed demand for assets seen as safe, but the metal found support above $1,330 an ounce from weak U.S. economic data and ahead of a key employment report.
MOSCOW/ KIEV, March 6- The Russian central bank said on Thursday it was putting the Moscow subsidiary of Ukraine's Privatbank into temporary administration, but that it would not revoke the bank's licence. Russia and Ukraine are in a dangerous armed stand-off following months of unrest in Kiev and the ousting of President Viktor Yanukovich.
*EU leaders set to warn, not sanction Russia. LONDON, March 6- Brent crude reversed gains made earlier on Thursday after Crimea's parliament voted unanimously to join Russia, even as the West and Russia engaged in high-stakes diplomacy to cool the crisis in Ukraine.
March 6- Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down about 3 percent in premarket trading.
*Focus shifts to Draghi's 1330 GMT news conference. FRANKFURT, March 6- The European Central Bank left interest rates unchanged on Thursday, holding its nerve in the face of uncomfortably low inflation though it may unleash other measures to pep up a fragile euro zone recovery. "This is no surprise," RBS economist Richard Barwell said.
FRANKFURT, March 6- The European Central Bank left its main interest rate unchanged at a record low of 0.25 percent on Thursday, holding course despite fears inflation could get stuck in a "danger zone" below 1 percent. The decision to leave rates unchanged was expected, though a minority of economists polled by Reuters had expected a cut.
NAIROBI, March 6- Kenyan entrepreneur Ayisi Makatiani scrapped his first effort to launch a private equity fund 10 years ago because his pitch to invest in Africa couldn't raise enough cash to make it work.
NAFTOGAZ SAYS CONTINUES TALKS WITH GAZPROM ON SETTLING PAYMENTS TO PREVENT DISRUPTION IN GAS DELIVERIES.
*Staples, Costco shares down after results. *Crimea's parliament voted to join Russia on Thursday and its Moscow- backed government set a referendum for March 16 on the decision, in a dramatic escalation of the crisis between Russia and the West over the Ukrainian Black Sea peninsula.
NAFTOGAZ SAYS WILL CONTINUE UNINTERRUPTED PAYMENTS TO GAZPROM FOR FEBRUARY GAS PURCHASES TO SECURE STABLE GAS SUPPLIES.
March 6- An American Eagle Airlines flight had to make an emergency landing in Greenville, Texas, on Wednesday night after the pilot of the Embraer 145 plane reported smoke in the cockpit, an American Eagle spokeswoman said.
UKRAINE'S NAFTOGAZ SAYS PAID FOR RUSSIAN GAS DELIVERIES IN JANUARY 2014.
*Continental to pay higher 2013 dividend of 2.50 euros. FRANKFURT, March 6- German auto parts and tyre maker Continental is considering further acquisitions, weeks after announcing the purchase of U.S. rubber firm Veyance Technologies for 1.4 billion euros.
*Diplomatic talks in Ukraine weigh on safe-haven debt. *Spain, France complete successful auctions. Greece is emerging from a six-year recession and recorded a primary budget surplus in January.
March 6- Endo Health Solutions Inc said the U.S. Food and Drug Administration approved its thrice-rejected testosterone drug, Aveed, to treat male hypogonadism. The health regulator rejected the drug last May, saying that Endo needed a better plan to manage the risks associated with the drug.
LONDON, March 6- The Bank of England kept interest rates unchanged on Thursday, seeking to give the economy more time to build before removing its stimulus. The BoE left its Bank rate at 0.5 percent, where it has stood since March 2009, during the depths of the financial crisis from which Britain's economy has not yet fully recovered.