News Archive - 1 May 2014

>By Orhan CoskunANKARA, April 30 (Reuters) - Turkey hopes to renew its liquefied natural gas (LNG) contracts with Algeria but it must first ensure that deliveries are timely, Energy Minister Taner Yildiz told reporters.Turkey's contract to acquire 4 billion cubic metres (bcm) of LNG from Algeria's Sonatrach expires at...

>SEOUL (Reuters) - South Korea will be playing at their eighth consecutive World Cup finals in June but must improve on a dire qualification campaign to have any chance of escaping a tough group in Brazil. Unlike fierce rivals Japan, they spluttered through qualifying and it ended with the departure...

>* Events in Ukraine, Libya Iran watched* Coming up: EIA weekly oil inventories; 1430 GMT (Adds latest on Ukraine, Reuters oil poll, updates prices)By Simon FalushLONDON April 30 (Reuters) - Oil fell towards $108 per barrel on Wednesday, pressured by an improving supply outlook with stocks in the United States...

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>* BNP will not buy back shares at current valuation -CFO* Q1 net profit up 5.2 pct after Fortis unit buyout* Shares down 3.8 pct, underperform sector (Adds source confirming larger penalty, timing of settlement)By Lionel Laurent and Matthias Blamont and Aruna ViswanathaPARIS/WASHINGTON, April 30 (Reuters) - French...

>ISTANBUL, April 30 (Reuters) - A surge in gold exports to Switzerland narrowed Turkey's trade deficit more sharply than expected in March, with the gap falling by a third to $5.195 billion, data showed on Wednesday.The deficit was narrower than the $6.05 billion forecast in a Reuters...

>In a signal Washington would keep pressure on Iran over its nuclear program, the U.S. State Department also offered up to $5 million for information leading to businessman Li Fangwei's arrest or conviction.Federal prosecutors also seized $6.9 million in funds that had been traced to Li."China...

>* Negotiations to resume on May 13 in Vienna* Little progress apparent ahead of July 20 deadlineBy Justyna PawlakBRUSSELS, April 30 (Reuters) - Senior diplomats from six world powers met in Brussels on Wednesday to fine-tune negotiating strategy towards Iran with talks on its contested nuclear programme entering a crunch...