Five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation.» Read More
*Crimean parliament votes to join Russia. President Barack Obama indicated the crisis between Ukraine and Russia, one of the world's biggest oil producers, was not easing as much as traders thought. "The relief sell-off was probably premature in terms of thinking the situation has resolved itself," said John Kilduff, partner at Again Capital, LLC in New York.
WASHINGTON/ NEW YORK/ LONDON, March 6- The U.S. economic outlook would have to change dramatically for the Federal Reserve to alter the pace at which it is winding down its massive bond-buying program, three top U.S. central bankers said on Thursday.
NEW YORK/ LONDON, March 6- Gold rose on Thursday, boosted by the European Central Bank's decision to not take fresh action to inject liquidity into the euro zone market, which helped weaken the dollar and increased bullion's currency-hedge appeal. Gold has been up on high tensions between the West and Russia over Ukraine.
SIMFEROPOL, Ukraine/ BRUSSELS, March 6- Crimea's parliament voted to join Russia on Thursday and its Moscow- backed government set a referendum in 10 days' time in a dramatic escalation of the crisis over the Ukrainian region that drew a sharp riposte from U.S.
KINGSTON, March 6- More than 150 years after European colonial powers abolished slavery, a coalition of Caribbean nations is considering legal action to seek a formal apology and monetary compensation. The European states targeted are Britain, France, Spain, Portugal, the Netherlands, Norway, Sweden and Denmark.
Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.
*Crimean parliament votes to join Russia. Obama indicated the West will continue to use diplomacy and sanctions to pressure Russia to back down from its military intervention on the Crimean peninsula in a speech on Thursday.
NEW YORK/ LONDON, March 6- Arabica coffee futures on ICE remained volatile on Thursday, dropping from the previous session's steep two-year high on profit-taking as parts of top grower Brazil received much-needed rain, though forecasts for dry weather limited losses.
*Crimean parliament votes to join Russia. Crimea's Moscow- backed parliament voted to allow the southern Ukrainian region to become part of Russia on Thursday, as the U.S. ordered asset freezes and travel bans on a list of individuals it said were involved in Russia's military intervention.
LONDON, March 6- The worldwide investigation into allegations of manipulation in the global currency market took another twist on Thursday, as Bank of America suspended a senior trader in London, a source familiar with the matter said on Thursday.
In Britain- a global investment banking hub and home to most of Europe's top-earning bankers- the annual results season has seen a series of banks disclose payments are on the rise, angering some shareholders.
LONDON, March 6- As bankers, traders and investors gathered at Gazprom's London offices for its annual champagne reception, the message from the world's most powerful gas trader was clear: the Russians don't want another gas war with Ukraine.
*Crimean parliament votes to join Russia. Crimea's parliament voted to join Russia and the United States announced asset freezes and travel bans on those involved in Russia's military intervention. "There's no strong appetite to go head to head with Russia.
NEW YORK, March 6- The euro jumped against the dollar on Thursday to its highest since December and to a peak against the yen not seen since Jan. 23 after the European Central Bank signalled no need for new economic stimulus.
PARIS, March 6- BNP Paribas, France's biggest bank, has suspended its head of spot currency trading as part of a long-running global investigation into possible currency market manipulation, the Wall Street Journal said on Thursday, citing unnamed sources.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
LONDON, March 6- BP Plc said regulators from the United States and Asia have asked it for information after the European Commission's started an investigation last year into suspected manipulation of oil prices. London- based BP, Europe's second-largest oil company, made the disclosure in its annual report released on Thursday.
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.
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.