Nick Pollard, CEO of U.K. construction at Balfour Beatty, explains that the U.K. is "behind the pack" when it comes to apprenticeships..» Read More
LONDON, March 5- Ukraine's steel exporters are trying to push into new markets such as in North Africa as a weak currency, battered by political upheaval and tensions with Russia, has pushed rebar prices to 3 1/ 2- year lows.
NEW YORK, March 7- The dollar rose on Friday, boosted by an unexpectedly large jump in U.S. jobs growth that touched off enough buying to lift the greenback from a four-month low.
*Copper has lost some 7 pct in 2013 on China demand woes. LONDON, March 7- Copper fell to its lowest level in over seven months on Friday as China's first domestic bond default added to growing concerns this week about slower economic growth in the world's top copper consumer. It was at $6,823 per tonne at 1502 GMT, from a close of $7,055 on Thursday.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged above $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil was steady around $108 a barrel on Friday as supply concerns arising from the Ukraine crisis and a better-than-expected U.S. jobs report offset a seasonal slowdown in demand for crude. The Ukraine crisis escalated as President Vladimir Putin rebuffed a warning from U.S.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil held around $108 a barrel on Friday as investors balanced supply concerns arising from the Ukraine crisis with seasonally slowing crude demand and forecasts for only modest U.S. jobs growth in February.
*ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.
NEW YORK-- Adam Lambert has never paid attention to the haters, and he won't start now as the lead singer for the rock band Queen on their upcoming summer tour. That's not why we do this, "Lambert told The Associated Press.
*Copper has lost almost 5 pct on China demand worries. LONDON, March 7- Copper fell to its lowest level in more than three months on Friday on concerns about slower economic growth in top consumer China as Beijing shifts to a consumption-driven expansion which would curb its demand for the industrial metal.
*Putin rebuffs Obama as Ukraine crisis escalates. LONDON, March 7- Oil edged lower to around $108 a barrel on Friday as seasonally slowing crude demand and forecasts for only modest U.S. jobs growth in February trumped supply concerns arising from the Ukraine crisis.
*Ukraine tensions rumble on, gold heads for weekly gains. With the tussle between Ukraine and the West and Russia over Crimea expected to drag on, investors turned their focus to non-farm payrolls due at 1330 GMT, though there was a sense they would still be distorted by the recent icy U.S. weather.
HONG KONG, March 7- Hong Kong businessman Carson Yeung was sentenced to six years in jail on Friday for money laundering in a high-profile case that law enforcement officials hailed as an important victory to combat money laundering in the global financial hub.
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.
HOUSTON, United States- Former Federal Reserve chairman Ben Bernanke speaks before the HIS CERAWeek 2014 conference in Houston, Texas- 1730 GMT. NEW YORK- Federal Reserve Bank of New York President William Dudley speaks on the economy and local conditions before community and business leaders- 1700 GMT.
CHICAGO, March 6- Robert Ray, chief executive officer of CME Group Inc's planned European exchange, has died at age 60, the futures market-operator said on Thursday. Ray previously was responsible for CME's business and sales strategy in Europe, the Middle East and Africa and Latin America, according to a biography on the company's website.
BERLIN, March 6- Europe's Airbus has ordered more frequent inspections of the wings of the world's largest passenger jet after discovering unexpected levels of metal fatigue during testing on an A380 factory mock-up, industry sources said on Thursday.
*Four plead not guilty to criminal charges, SEC sues. "You always do in the last hours," the law firm's executive director Stephen DiCarmine replied to the Dec. 29, 2008 email from chief financial officer Joel Sanders, according to investigators.
*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.