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  • Shell Oil Co reported planned maintenance was under way at its plant in Deer Park, Texas, according to a message posted on a community information line on Thursday. The maintenance activity might cause flaring, the information line said. The facility houses a 327,000 barrel-per-day (bpd) refinery and a chemical plant. …

  • NEW YORK (Frankfurt: HX6.F - news) , April 23 (Reuters) - A massive oil storage facility in the Bahamas may offer nimble gasoline traders a new way to profit by shipping fuel in foreign ships from the oversupplied U.S. Gulf Coast to the gasoline-thirsty East Coast following a recent U.S. Customs ruling. The March 6 judgment …

  • Pemex chief touts Mexico's energy reform in Washington visit Reuters - UK Focus - 2 hours 4 minutes ago

    While energy reforms have opened the door for Mexico's state-run energy company to expand overseas, its focus for now will be on developing its "low-hanging fruit," the head of Pemex said on Thursday. Pemex Chief Executive Emilio Lozoya spoke in Washington, D.C., at the annual conference of the Export-Import Bank, the …

  • Barclays to pay $280 million to settle mortgage bond claims Reuters - UK Focus - 2 hours 19 minutes ago

    Barclays Bank PLC will pay $280 million to Fannie Mae and Freddie Mac to settle claims that it sold them faulty mortgage-backed securities during the housing bubble, a U.S. regulator said on Thursday. ...

  • * Kiev interior ministry forces, army take rebel checkpoints * Putin warns of consequences after "punitive operation" * Obama: Moscow so far not implementing Ukraine accord SLAVIANSK, Ukraine/ST PETERSBURG, Russia, April 24 (Reuters) - U krainian forces killed up to five pro-Moscow rebels on Thursday as they closed in …

  • BBC withdraws from UK business group over Scottish independence Reuters - UK Focus - 2 hours 35 minutes ago

    The BBC is to suspend its membership of Britain's leading business lobby group after deciding on Thursday to join a number of organisations protesting over the CBI's move to officially campaign against Scottish independence. The BBC and the Confederation of British Industry (CBI) both issued statements saying the publicly-funded …

  • US STOCKS-Apple buoys Nasdaq; Ukraine weighs on broader market Reuters - UK Focus - 2 hours 41 minutes ago

    The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check. Shares ...

  • GLOBAL MARKETS-Equity indexes up on Apple, Ukraine tempers rise Reuters - UK Focus - 2 hours 51 minutes ago

    * Russia launches army drills near Ukraine border * U.S. shares pare early gains made on Apple (NasdaqGS: AAPL - news) , Facebook (NasdaqGS: FB - news) rally NEW YORK (Frankfurt: HX6.F - news) , April 24 (Reuters) - Global equity markets rose in choppy trading on Thursday in the wake of strong earnings results from tech …

  • * AMCU says rebuffed by "platinum cartel" * Amplats reduces production guidance for 2014 * Painful restructuring seen after strike ends (Updates with AMCU response) JOHANNESBURG, April 24 (Reuters) - Major platinum producers in South Africa said on Thursday they would take their latest wage offer directly to employees, …

  • U.S. stocks ended mostly higher in a choppy session on Thursday, powered by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine limited gains. Based on the latest ...

  • Miner Anglo American posted an increase in its copper and iron ore production in the first quarter of 2014, broadly in line with analysts' forecasts, but its platinum output slumped, hit by a strike at its South African operations. Output of iron ore, which makes up almost half of group earnings, totaled 11.3 million …

  • * Russian troop movements along Ukraine border raise geopolitical tensions * ECB's Draghi reiterates warning about QE, negative rates Russian Defense Minister Sergei Shoigu said Moscow had begun military drills near the border with Ukraine, where it has deployed tens of thousands of troops in response to "Ukraine's military …

  • * Ukraine asks Russia to explain military exercises NEW YORK (Frankfurt: HX6.F - news) , April 24 (Reuters) - U.S. Treasury long bond yields fell for a third straight session on Thursday, as renewed tensions between Ukraine and Russia wiped out earlier gains posted after the release of positive economic numbers. The conflict …

  • Gucci's sales growth remains sluggish in Q1 Reuters - UK Focus - 4 hours ago

    * Gucci like-for-like sales growth 0.3 pct in Q1, down 3.2 pct reported PARIS, April 24 (Reuters) - Gucci's sales growth remained sluggish in the first three months of the year, hit in part by the brand's upmarket repositioning and the clean-up of its wholesale distribution network. The Italian brand, which represents …

  • EU mergers and takeovers (April 24) Reuters - UK Focus - 4 hours ago

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- British engineering group John Wood and German peer Siemens to ...

  • The Nasdaq rose modestly in choppy trade on Thursday as Apple's shares rallied a day after the iPad maker's strong results, though tensions in Ukraine held back the broader market. Caterpillar Inc shares ...

  • Rapid7 hires mobile hacking expert Nick Percoco Reuters - UK Focus - 4 hours ago

    Security software maker Rapid7 said on Thursday that it has hired Nick Percoco, a security researcher who is well known for his work hacking mobile devices. He will serve as vice president of strategic ...

  • An international team of scientists has deciphered the genetic code of the tsetse fly, the bloodsucking insect that spreads deadly African sleeping sickness, with the hope that its biological secrets can be exploited to eradicate this malady. The findings announced on Thursday were the culmination of a multimillion dollar, …

  • Britain is expected to give final approval to expand Luton Airport in the next few weeks for a capacity boost of up to 18 million passengers, the chairman of the world's biggest airport operator Aena said on Thursday. Expansion of the airport and its runway would require investment of 98 million pounds ($164.6 million), …

  • London's Gherkin skyscraper enters receivership Reuters - UK Focus - 5 hours ago

    London's landmark Gherkin office tower has been placed into receivership by its creditors, accountancy firm and joint receivers Deloitte said on Thursday, paving the way for a possible partial sale of the skyscraper. Germany's IVG Immobilien (Xetra: IVG.DE - news) , which co-owns the 40-storey Gherkin with Evans Randall …

  • * UK sales fall after 16 years of strong growth * Starbucks (Berlin: SRB.BE - news) says results reflects rise in licensed stores (Adds comment from company) LONDON, April 24 (Reuters) - Starbucks suffered its first ever drop in UK sales last year, a period in which the company became the subject of boycotts and public …

  • South Africa's rand weakened against the dollar on Thursday after U.S. data boosted the growth outlook of the world's largest economy, setting the rand up for a fourth straight session of daily losses. The rand was also depressed by global aversion to risky assets as Russia/Ukraine tensions escalated, while domestically …

  • European stock markets rose on Thursday, as signs of a resurgence in corporate takeover activity offset lingering worries over Ukraine. The pan-European FTSEurofirst 300 index, which hit a near 6-year ...

  • * Chairman Walker says bank was losing people critical to future * Barclays says Q1 profit down after fixed income revenues slump * Barclays shares up 1.1 pct (Adds vote results, comments from shareholders, chairman) LONDON, April 24 (Reuters) - More than a third of Barclays' investors declined to back its pay policy …

  • Prime Minister David Cameron's ex-media chief was accused on Thursday of pure hypocrisy when, as editor of a Rupert Murdoch tabloid, he exposed a government minister's affair while conducting his own extra-marital relationship. Appearing in the witness box for the sixth day at the tabloid phone-hacking trial at the Old …

  • RBS (LSE: RBS.L - news) has made a series of senior appointments within its corporate and institutional bank, unveiling a new layer of management just two months after group chief executive, Ross McEwan, promised a complete overhaul of the unit. Debt capital markets veteran Richard Bartlett takes on the new role of head …

  • Britain's top share index hit a seven-week closing high on Thursday, bolstered by expectations of deal-making in the healthcare sector, though renewed tension in Ukraine dented the market's gains. Smith ...

  • Global stock markets and the dollar pulled back from strong early gains on Thursday on worries about rising tensions in Ukraine, but U.S. technology shares were higher on upbeat earnings from Apple and ...

  • Fresh tensions in Ukraine took their toll on Britain's top shares on Thursday, wiping out much of the day's gains, although expectations of deal-making in the healthcare sector kept the market buoyant. ...

  • Sterling inched higher against the dollar and euro on Thursday, supported by a surprisingly strong measure of UK retail sector activity that bodes well for March retail sales data due on Friday. The pound traded in relatively narrow ranges, however, kept in check by the euro, which came under pressure after European Central …

  • More than one-third of Barclays Plc's shareholders failed to back the British bank's pay policy at its annual shareholder meeting on Thursday. Barclays said 24 percent of shareholders who voted opposed ...

  • The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. LLOYDS BANKING GROUP Lloyds appointed Nick Prettejohn ...

  • STOCKS NEWS EUROPE-Lenzing leaps on Kepler upgrade Reuters - UK Focus - 10 hours ago

    VIENNA, April 24 - Shares in Austrian cellulose fibres maker Lenzing leap more than 6 percent after Kepler Cheuvreux upgrades the stock to "buy" from "hold". Kepler says it sees signs ...

  • The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted …

  • Freeport McMoRan Copper & Gold Inc reported a decline in first quarter profit on Thursday, hurt by lower copper prices and a conflict with the government of Indonesia that has halted its copper concentrate ...

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