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  • *MSCI World index down 0.7 pct, European index down 1.4 pct. *Thursday's sharp sell-off on Wall Street takes global toll.

  • NEW YORK, April 11- U.S. crude oil rose on Friday, lifted by a positive consumer confidence report that indicated strength in the U.S. economy, while Brent was pulled higher by traders covering short positions before the weekend in case ties with Russia worsened.

  • DAKAR, April 11- Entrepreneurs are central to bridging Africa's widening inequality gap but most governments on the continent are not doing enough to help them, the regional head of billionaire Pierre Omidyar's philanthropic arm said.

  • WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine for any fallout that may pose risks to economic and financial stability, according to a draft communique by the Group of 20 finance ministers and central bankers.

  • Senators urge DOJ to intervene in GM civil suits Friday, 11 Apr 2014 | 11:21 AM ET
    General Motors headquarters in Detroit

    Five Senate Democrats urged the Justice Department to oppose efforts by GM to skirt financial responsibility on its recall.

  • *JPMorgan falls, Wells Fargo gains after results. NEW YORK, April 11- U.S. stocks were little changed on Friday, as biotech stocks staged a rebound from a selloff in the prior session, but disappointing earnings from JPMorgan curbed gains.

  • WASHINGTON, April 11- A group of U.S. senators on Friday urged the Department of Justice to oppose any efforts by General Motors Co to skirt financial responsibility related to the company's failure to promptly recall vehicles with ignition switch problems linked to 13 deaths.

  • Hackers trying to exploit 'Heartbleed', says US Friday, 11 Apr 2014 | 11:08 AM ET

    The US Government warned that hackers are attempting to exploit the 'Heartbleed' bug in targeted attacks.

  • Europe shares sag as U.S. tech sector sell-off spreads Friday, 11 Apr 2014 | 11:00 AM ET

    PARIS, April 11- European stocks sank on Friday, extending the week's retreat and mirroring a sell-off on Wall Street led by technology and biotech shares that has been fuelled by worries some stock valuations are overstretched.

  • April 11- JPMorgan Chase& Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S economy weighed on investor trading volumes and consumer borrowing. JPMorgan's bond trading revenue plunged 21 percent, and mortgage lending revenue fell 84 percent from the same quarter last year.

  • NEW YORK, April 11- U.S. The sell-off in global equities persisted in the wake of disappointing quarterly results from JPMorgan Chase& Co., the biggest U.S. bank. "This equity market meltdown has brought a' fear' bid into bonds," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York.

  • More than a dozen companies were lined up to go public this week but four, including Lombard Medical and Stalwart Tankers, failed to price on Thursday. Zoe's Kitchen raised about $87.5 million after its IPO of 5.83 million shares was priced at $15, the upper-end of the expected price range.

  • CORRECTED-China's Alibaba to buy AutoNavi Friday, 11 Apr 2014 | 10:45 AM ET

    April 11- Chinese digital mapping and navigation firm AutoNavi Holdings Ltd agreed to be acquired by e-commerce firm Alibaba Group Holding Ltd in a deal valuing the company at about $1.5 billion. AutoNavi said the company's shareholders will receive $5.25 per ordinary share, or $21 per American Depositary Share.

  • Subway: 'Yoga mat' chemical almost out of bread Friday, 11 Apr 2014 | 10:43 AM ET
    Subway to phase out 'yoga mat' chemical from its breads.

    Subway says an ingredient dubbed the "yoga mat" chemical will be entirely phased out of its bread by next week.

  • WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine "for any risks to economic and financial stability," according to a draft of the communique by the Group 20 finance ministers and central bankers.

  • TRIPOLI, April 11- Libya may have averted a state collapse by striking a deal with eastern rebels to reopen occupied oil ports, but technical delays and simmering federalist dissent threaten to disrupt production once again.

  • WASHINGTON, April 11- U.S. producer prices recorded their largest increase in nine months in March as the cost of food and trade services surged, pointing to some pockets of inflation at the factory gate.

  • LONDON, April 11- Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, with even its sought-after new five-year bond succumbing to selling pressure. "The euphoria is fading after yesterday's deal," said Owen Callan, a senior analyst at Danske Bank.

  • NEW YORK, April 11- U.S. stocks added to losses on Friday, with the Nasdaq biotech index down more than 20 percent from a recent high as shares in the sector continued to get pummeled.

  • China's Alibaba to buy AutoNavi for $1.5 bln Friday, 11 Apr 2014 | 10:28 AM ET

    April 11- Chinese digital mapping and navigation firm AutoNavi Holdings Ltd agreed to be acquired by e-commerce firm Alibaba Group Holding Ltd for $1.5 billion. AutoNavi said the company's shareholders will receive $5.25 per ordinary share, or $21 per American Depositary Share.