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Gold, Oil Rise As Ukraine Tensions Spur Safety Bids

Russia's intervention in Ukraine drove up crude oil and prices for gold and government debt on Monday as the heightened tensions spurred investors to seek safe havens and sell any exposure to the region.Crude prices rose more than $2 a barrel, gold futures jumped 2 percent and prices of top-rated euro zone government bonds surged. The aversion to risk took a steep toll on stock markets, with the Moscow bourse slumping 11 percent, wiping nearly $60 billion of value off Russian companies.Stocks across Europe and on Wall Street also took a beating.Market volatility indexes, a sign of investor apprehension, surged, with the Euro STOXX Volatility Index spiking 30.4 percent in its biggest one-day gain since 2011. The U.S. CBOE volatility index surged 20 percent at one point, and ended the session 14.5 percent higher."Investors had underestimated the risks of an escalation in Ukraine, so the events over the weekend are a wake-up call for the market," said David Thebault, head of quantitative ...

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  4. EUROPE MARKETS: Europe Stocks Fall With Miners And Banks Dropping

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  6. Carlsberg Looks To Asia As W Europe Mkts Become Challenging

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  11. Carlsberg Completes Purchase of 100% of Baltika Shares

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  12. SABMiller Profit Rises, But Warns On Slowing Growth

    SABMiller PLC (SAB.LN) Thursday warned of slowing economic growth in some of its markets, but still posted higher profit and revenue."Broad-based revenue and profit ...

  1. SABMiller Prioritizes Costs, But Profit Falls

    SABMiller PLC (SAB.LN) Thursday said it is prioritizing cost savings, price increases and sales of premium lager across emerging markets, but the brewer's annual pro...

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  7. Carlsberg Swings to Net Profit Driven by Strong Growth in Asia

    Danish brewer Carlsberg A/S (CARL-A.KO) said Tuesday it swung to a first quarter net profit, driven by strong growth in Asia and improving volumes in Eastern Europe....

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