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  • BRUSSELS— Experts say almost all species in the Mediterranean are still overfished despite decades of seeing stocks dwindle— and the European Union is considering creative solutions like using drones or space technology to catch fraudulent fishermen. EU Fisheries chief Karmenu Vella said Tuesday some stocks "are on the verge of depletion.

  • DIARY-Top Economic Events to Feb 21 Monday, 8 Feb 2016 | 7:01 PM ET

    Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • *U.S. shale, OPEC complicate oil price recovery. PARIS/ BRUSSELS, Feb 8- Green power is cheap enough to compete with fossil fuels and will buck the trend of falling investment in oil and gas as it can offer long-term returns sheltered from political risk, investors and industry analysts say. The differences this time include the depth of uncertainty over any oil...

  • LONDON, Feb 8- Members of troubled European industries including steel and aluminium will descend on Brussels in their thousands next Monday to protest against proposed measures to give China greater access to EU markets, and call for action on subsidised Chinese imports. Industrial sector representatives fear millions more jobs will be at risk if Brussels...

  • Italian banks hit by concerns over bad loans Friday, 5 Feb 2016 | 12:31 PM ET

    MILAN— Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to reform and consolidate the ailing sector. Since the start of the year, Italian banks have lost more than 35 billion euros in market capitalization as investors sold their shares amid concern about some...

  • LONDON, Feb 5- CK Hutchison Holdings Ltd has received the EU's list of objections to its takeover of Telefonica's O2, which will create Britain's biggest mobile operator and cut the number of networks to three, a person familiar with the situation said. European Union antitrust regulators launched a full investigation last October into Hutchison's 10.3...

  • London's bid to win exemption from the European Union goal of "ever closer union," preserve its financial sector from regulation by the euro zone and curb access to in-work benefits for EU migrant workers won backing from Poland as the meeting of national negotiators- or sherpas- began in Brussels. The powerful leader of Warsaw's new ruling party, Jaroslaw...

  • Under the supply deal, Europe's largest zinc smelter will ship physical zinc to Trafigura over three years, in return for a prepayment of $150 million, Nyrstar Chief Executive Bill Scotting said in an interview with Bloomberg. A spokesman for Nyrstar confirmed the Bloomberg story. A spokeswoman for Trafigura also confirmed the $150 million prepayment, but...

  • ATHENS/ SHANGHAI, Feb 5- China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Bolstered by December's merger with China Shipping Group, COSCO's...

  • *European Commission has proposed further reforms. *European Commission demanding answers from Volkswagen. They came close to securing a rare veto in the European parliament of a policy that had the backing of the EU's member state governments and, more grudgingly, the executive European Commission.

  • LONDON, Feb 4- European Union rules that will introduce curbs on hundreds of commodities contracts to try to stop abuses are unnecessary, Britain's markets regulator said on Thursday. The blunt criticism comes when Brussels is set to propose a one-year delay until January 2018 for the launch of the new rules, known as MiFID II. Tracey McDermott, acting chief...

  • LONDON, Feb 4- The dollar was back on the defensive in morning trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. The triggers then were a weak batch of U.S. sentiment data and New York Fed President William Dudley's warning that a weakening outlook for the...

  • FOREX-No traction for dollar after Fed rates collapse Thursday, 4 Feb 2016 | 4:24 AM ET

    LONDON, Feb 4- The dollar was back on the defensive in early trade in Europe after a collapse in expectations of a further rise in U.S. interest rates this year drove its biggest daily fall in over two months on Wednesday. Another warning by European Central Bank chief Mario Draghi that the bank would not hesitate in doing what was necessary to get inflation back to...

  • BRUSSELS— Reintroducing permanent border controls in Europe's passport free travel area to respond to the refugee emergency could cost France more than a billion euros a year and perhaps 10 times that longer-term. France Strategie said direct costs to the French economy would run to 1- 2 billion euros each year depending on how frequent border controls are.

  • BRUSSELS— Will the EU's offer be enough to keep Britain in the European Union? The proposals contain no changes to the EU's governing treaties, but Britain does win some concessions, notably a green light to limit benefits for migrants. The plan provides for a special "emergency brake" that Britain could use exceptionally when too many workers are coming in— and the...

  • EU and US reach new data-sharing agreement Tuesday, 2 Feb 2016 | 10:52 AM ET

    BRUSSELS— The European Union and the United States struck a deal Tuesday over data-sharing that will allow the likes of Facebook and Apple to continue sending people's information across the Atlantic— but a legal challenge to the pact is widely anticipated. The U.S. has also promised to appoint a new official— a so-called ombudsman based at the State Department—...

  • EU unveils plan to curb funding to extremists Tuesday, 2 Feb 2016 | 10:33 AM ET

    BRUSSELS— The European Union unveiled new measures to curb the financing of extremist groups Tuesday amid calls for more action following last year's attacks in Paris. "We want to improve the oversight of the many financial means used by terrorists, from cash and cultural artefacts to virtual currencies and anonymous pre-paid cards," said European Commission...

  • Hungary's foreign minister says he hasn't yet seen European Council President Donald Tusk's proposal aimed at keeping Britain in the EU, but that in principle Hungary would always accept efforts by another country to stop abuses of its social benefits system. Hungarian Prime Minister Viktor Orban said last month during a visit by British Prime Minister...

  • British Prime Minister David Cameron, who hopes to secure an agreement that will convince a skeptical public to remain part of the EU, said the new plans show "real progress" in his bid to give Britain more control over its affairs. "I think we will be able to show— if we can secure what's in this document, finish off the details and improve it still further— that on balance...

  • BRUSSELS, Feb 1- European and U.S. negotiators missed a deadline to agree a key data transfer pact, the European Union's executive said, with talks snagged over a new oversight role and options for European citizens to seek redress over data privacy violations. European Union data protection law bars companies from transferring EU citizens' personal data to...