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Russia Says Has Right To Deploy Nuclear Weapons In Crimea: Report

Russia has the right to deploy nuclear arms in the Black Sea peninsula of Crimea, which Moscow annexed from Ukraine last year, a Foreign Ministry official said on Wednesday, adding he knew of no plans to do so. "I don't...

Futures Imply Slightly Higher Open In Wake Of Selloff

U.S. stock index futures pointed to a slightly higher open on Wednesday, implying a modest rebound from a sharp decline in the previous session, though questions remain about when the Federal Reserve would adjust its rate policies. Wall Street fell...

Euro Dives Under $1.06 For First Time Since 2003 As Quantitative Easing Bites

The battered euro took another plunge toward parity with the dollar on Wednesday, shedding over 1 percent to trade below $1.06 for the first time in 12 years as a 1.1 trillion euro bond-buying program began to bite. The European...

Exclusive: UBS Poaches Bank Of Montreal Oil Banking Team – Sources

UBS AG has poached a U.S. team of some 15 oil and gas investment bankers from Bank of Montreal (BMO), significantly weakening the energy dealmaking capacity at Canada’s fourth-largest bank, people familiar with the matter said. The moves come amid...

Investors See Higher Yields As U.S. Jobs Data Resets Fed Calculus

Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Making the first hike in about nine years would be almost symbolic, as if the central bank was showing...

U.S. Banks’ Buybacks, Dividends May Be No Reason For Shareholder Celebrations

Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may...

Senate Confirms Obanikoro As Minister

BEVERLY HILLS, March 11, (THEWILL) – The Senate Wednesday confirmed Ambassador Musiliu Obanikoro as Minister of the federal republic despite protests from senators of the main opposition party, All Progressives Congress (APC), who staged a walkout in protest. APC senators have...

Real Madrid Scrape Past Schalke

...Ronaldo breaks Champions League goals record ...Holders Real into fifth quarter-final in a row ...Schalke are fifth in Bundesliga ...Ancelotti apologises for loss Real Madrid survived a real scare to qualify for their fifth successive Champions League quarter-final despite conceding four away goals...

First Time: Porto Reached Champions League Quarter Final

Porto reached the Champions League last eight for the first time since 2009 with a comprehensive win over Basel. The Portuguese side were without top scorer Jackson Martinez, but they struck four fine goals as Yacine Brahimi curled in a...

Boko Haram Child Captives ‘Forgot Names’

About 80 children rescued from a Boko Haram camp in Cameroon cannot remember their own names or origins, according to an aid official who visited them. The children - aged between 5 and 18 - did not speak English, French...

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