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  • Aug 28, Brussels-- The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday. Uber has responded by submitting complaints to the European Commission against German...

  • BERLIN, Aug 28- Germany posted a record-breaking 21 billion euro surplus in the first half of 2015 but has turned a deaf ear to criticism from home and abroad that it should cut taxes or raise public spending to help alleviate pressures in the euro zone. Her party is expected use Germany's return to budget surpluses as a cornerstone of its 2017 election campaign.

  • Google rejects EU anti-trust allegations as flawed Thursday, 27 Aug 2015 | 12:03 PM ET

    BRUSSELS— Google rejected on Thursday a complaint by Europe's competition watchdog that the Internet giant is abusing its dominance in Web searches to promote its own products. The European Commission, the EU's executive body, alleged in April that Google has improperly favored its shopping comparison service in its own search results, in a high-stakes case...

  • *Greece deal shows "pick and mix" approach to bank rescues. LONDON, Aug 26- European Union rules to shield taxpayers from having to rescue ailing banks should be applied flexibly because of broader economic imperatives highlighted by the latest Greek rescue package, analysts and lawyers say. Euro zone finance ministers this month agreed an 86 billion euro third...

  • BRUSSELS, Aug 24- With street names such as Temperance and Hygiene and plenty of green open spaces, the 1920 s Bon Air housing estate in a working-class district of Brussels was meant to provide a healthy "garden city" way of life. Work starts in Bon Air in September to transform a prototype from damp and dingy into a light, well-ventilated and very low-energy home.

  • BRUSSELS/ BERLIN, Aug 21- The European Commission will publish detailed reports on its negotiations with the United States to forge the world's biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday, responding to criticism that the talks have been shrouded in secrecy. If agreed, the Transatlantic Trade and Investment Partnership would encompass...

  • FACTBOX-China's top two oil traders Thursday, 20 Aug 2015 | 5:00 PM ET

    BEIJING, Aug 21- An intensifying rivalry between China's two top oil traders Chinaoil and Unipec is whipsawing Asia's oil market, pitting the state-owned firms against each other in a battle for control of the region's crude benchmark. *Trading desk: Unipec has 400 staff with trade hubs in Beijing, Hong Kong, Singapore, London and New York. Hong Kong and London...

  • Climate boss says EU can only back a strong Paris deal Thursday, 20 Aug 2015 | 9:53 AM ET

    BRUSSELS, Aug 20- The European Union will support a U.N. deal to cap global warming only if the agreement is legally binding and includes regular reviews to ensure words translate into deeds, Europe's climate boss said on Thursday. With just 10 days scheduled for formal negotiations before landmark talks begin in Paris on Nov. 30, preparations are painfully slow.

  • ATHENS, Greece— Greek Prime Minister Alexis Tsipras resigned Thursday and called early elections, hoping for a new, stronger mandate to implement a three-year bailout program that sparked a rebellion within his radical left party. The rescue was all that kept Greece from a disastrous exit from the euro but came with strict terms to cut spending and raise taxes—...

  • The European Stability Mechanism board said it "will provide up to 86 billion euros in financial assistance to Greece over three years." Greece is due to make a new debt payment to the European Central Bank on Thursday. Despite International Monetary Fund calls for debt relief for Greece, many nations remain opposed and no such move will be examined by those...

  • The increase, from a previous estimate of 450,000, is the latest sign of how a huge influx of migrants and refugees, many fleeing war and poverty in Africa and the Middle East, is straining the European Union's ability to cope. "The situation is extremely unsatisfying," Chancellor Angela Merkel told ZDF television on Sunday, referring to the disproportionate...

  • BRUSSELS, Aug 17- High summer and life, for many in Europe, is a beach. The second has triggered a poisonous round of every-man-for-himself bickering among the EU's 28 governments and the Union institutions in Brussels over how to deal with record numbers of migrants arriving by sea and land and heading across Europe. More even than that other Mediterranean...

  • NEW DELHI, Aug 17- India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by canceling talks on a free trade accord with its largest trading partner, officials said. The E.U. Trade Commission says it did not get the letter from Modi's office on the ban, which is linked to flaws in...

  • *MSCI Asia-Pacific index steady, Japan's Nikkei gains 0.6 pct. TOKYO, Aug 17- Asian stocks were little changed on Monday as investors' nerves continued to settle after China's surprise yuan devaluation last week, while the dollar held modest gains against the euro after upbeat U.S. economic data. The index lost 2.6 percent last week to a two-year low after Beijing...

  • BERLIN, Aug 15- In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro bailout for Greece on Wednesday despite uncertainty over whether the IMF will play a role in the rescue. Kauder, who incensed fellow lawmakers last week with threats of retaliation if they rebelled and voted against a bailout,...

  • *Parliament vote set for Weds morning, before Merkel Brazil trip. BERLIN, Aug 15- German Chancellor Angela Merkel will ask lawmakers to back an 86 billion euro bailout for Greece at a special session of parliament on Wednesday despite uncertainty about whether the International Monetary Fund is on board. The vote is shaping up as a major test for both Merkel and...

  • BERLIN, Aug 15- The president of the German lower house of parliament has invited lawmakers to a special session on Wednesday morning to vote on a new 86 billion euro bailout package for Greece. Norbert Lammert sent out the invitation, a copy of which was seen by Reuters, on Saturday morning after euro zone finance ministers approved the rescue at a meeting in...

  • BRUSSELS, Aug 14- Eurogroup chairman Jeroen Dijsselbloem said Friday's bailout deal would put Greece's debt on a sustainable path and followed very constructive cooperation with the Greek government. In a briefing following around six hours of talks in Brussels, Dijsselbloem also said he was optimistic the International Monetary Fund would be willing to...

  • *Euro zone agrees to launch bailout for Greece. *J.C. Penney, Nordstrom rise after results. Aug 14- U.S. stocks ended a volatile week higher on Friday after upbeat U.S. economic data and as euro zone finance ministers agreed to launch a third bailout program for Greece.

  • BRUSSELS/ ATHENS, Aug 14- Finance ministers from the euro zone gave their final blessing to lending Greece up to 86 billion euros after the parliament in Athens agreed to stiff conditions overnight. Some issues still need to be ironed out following a deal struck with Greece on Tuesday by the European Commission, European Central Bank and International Monetary...