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  • BRUSSELS, Aug 29- The European Union's executive said on Monday it had a unanimous mandate from the bloc's 28 members to finalize negotiations on a free trade deal with the United States, a day after Germany's economy minister said the talks had "de facto failed." Sigmar Gabriel of Germany, the EU's biggest economy, said on Sunday that negotiations over the...

  • BRUSSELS, Aug 29- The European Union's executive said on Monday it had a unanimous mandate from the bloc's 28 members to finalize negotiations on a free trade deal with the United States, a day after Germany's economy minister said the talks had "de facto failed." Sigmar Gabriel of Germany, the EU's biggest economy, said on Sunday that negotiations over the...

  • BRUSSELS, Aug 29- The European Union's executive said on Monday it had a unanimous mandate from the bloc's 28 members to finalize negotiations on a free trade deal with the United States, a day after Germany's economy minister said the talks had "de facto failed." Economy Minister Sigmar Gabriel of Germany, the EU's biggest economy, said on Sunday that negotiations...

  • BRUSSELS— Both the European Union's lead negotiator in trade talks with the United States and the spokesman for Germany's leader on Monday downplayed assertions that negotiations on the proposed landmark pact have collapsed. German Economy Minister Sigmar Gabriel, who is also Germany's vice chancellor, had said Sunday that "in my opinion, the negotiations...

  • *Brussels institutions back in action, facing familiar problems. Last week, the EU's remaining Big Three-- German Chancellor Angela Merkel, French President Francois Hollande and their host, Italian Prime Minister Matteo Renzi-- felt they needed to renew their vows at the wellspring of the union, the island of Ventotene, where in 1941 prisoners of Mussolini wrote a...

  • BERLIN— Free trade talks between the European Union and the United States have failed, Germany's economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations. Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the...

  • BUDAPEST, Aug 26- The zloty and Polish stocks briefly touched 4- week lows on Friday after Moody's issued a warning over Warsaw's tension with the European Commission, preparing investors for a possible rating downgrade. Central European assets were mixed ahead of a speech by Federal Reserve Chair Janet Yellen later on Friday, in which she may flag upcoming...

  • LONDON, Aug 26- Banks, insurers, asset managers and exchanges in Britain are waiting to see to whether post-Brexit trading terms will give them access to the European Union market. The key challenge is how to secure enough access to the single market so that financial firms in Britain won't have to move some or all of their operations to the EU.

  • LONDON, Aug 26- Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics. In the aftermath of Britain's vote to leave the EU, legal experts said banks, insurers and asset managers in London using...

  • BERLIN, Aug 26- Germany's domestic economy is set fair for further growth, with robust household and government spending propelling a self-reinforcing cycle of activity, though Britain's Brexit vote has unnerved German companies trading abroad. Data and surveys released this week showed domestic demand cementing its role as the main driver of Europe's...

  • *MSCI All-Country World index hits lowest since Aug. 9. LONDON, Aug 26- Global shares slipped to a two-week low and the dollar edged down on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates. The MSCI All-Country World index was down 0.1 percent by 1041 GMT, after...

  • WARSAW, Poland— Hungary's prime minister urged the European Union on Friday to make security a priority and build an army of its own. Prime Minister Viktor Orban spoke in Warsaw before heading into talks on EU's future with German Chancellor Angela Merkel and leaders of three other central European nations. Merkel's meeting in Warsaw with the leaders of Poland,...

  • BRUSSELS— The world's largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce— equivalent to thousands of jobs— once it completes its huge takeover of its closest rival, SABMiller. The company headquartered in Leuven, Belgium, has about 150,000 workers while the London- based SABMiller claims to have around 70,000.. It expects losses at...

  • BUDAPEST/ WARSAW, Aug 26- The zloty and Polish stocks touched 4- week lows on Friday after Moody's issued a warning over Warsaw's tension with the European Commission, preparing investors for a possible rating downgrade. Regional stock indices mostly dropped, led by half percent loss in Budapest. Oil industry stocks fell, with Slovenia's Petrol shedding 0.4...

  • *MSCI All-Country World index hits lowest since Aug. 9. LONDON, Aug 26- The dollar edged down and global shares slipped to a two-week low on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates. The MSCI All-Country World index was down 0.1 percent by 0817 GMT, after...

  • LONDON, Aug 26- European equities edged lower on Friday, with investors focusing on a speech by Federal Reserve Chair Janet Yellen later in the session for hints about the timing of a U.S. interest rate hike. The pan-European STOXX 600 was down 0.2 percent by 0828 GMT, extending the previous session's losses, while Britain's FTSE 100 index fell 0.1 percent.

  • LONDON, Aug 25- Europe's biggest stock exchange Bats Europe could open a base outside London following Brexit, its head told Reuters, voicing doubts about whether the City of London would secure sufficient access to the European market. Bats Europe accounts for about 24 percent of daily trading in European shares and a shift of UK operations of one of the...

  • LONDON, Aug 25- Europe's biggest stock exchange Bats Europe could open a base outside London following Brexit, its head told Reuters, voicing doubts about whether the City of London would secure sufficient access to the European market. Bats Europe accounts for about 24 percent of daily trading in European shares and a shift of UK operations of one of the...

  • LONDON, Aug 25- Portugal's borrowing costs pulled away from recent one-month highs on Thursday after an agreement on the recapitalisation of ailing state-owned bank CGD eased worries about the health of the country's banking sector. Yields last week suffered the biggest weekly jump in almost four months after DBRS, the ratings agency that holds Portugal's...

  • ATHENS, Aug 25- A Greek minister accused the European Commission on Thursday of violating the country's constitution when it called on Athens to quash allegations that its former statistics agency chief had rigged data to help creditors. The intervention by Deputy Justice Minister Dimitris Papangelopoulos added fuel to a spat between Athens and the...