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  • President-elect Donald Trump's comments that NATO was obsolete had aroused concern across the 28- member alliance. "I've spoken today not only with EU foreign ministers but NATO foreign ministers as well and can report that the signals are that there's been no easing of tensions," Steinmeier told reporters when asked about Trump's interview with Bild...

  • LONDON, Jan 16- London cocoa futures fell on Monday following a lower than expected fourth quarter European grind, while white sugar and robusta coffee edged up in thin volume with U.S. markets shut. March London cocoa was down 10 pounds, or 0.6 percent, at 1,787 pounds a tonne at 1243 GMT. Europe's fourth quarter cocoa grind fell 0.9 percent from the same period last...

  • LONDON— Britain will make a clean break from the European Union and not seek to remain "half-in, half-out," Prime Minister Theresa May will say Tuesday, disappointing businesses and voters who want the country to stay in the bloc's single market. "Not partial membership of the European Union, associate membership of the European Union, or anything that leaves us...

  • BRUSSELS— European Union nations bracing for the looming Donald Trump presidency showed defiance Monday in the face of the president-elect's stinging comments on everything from NATO and German cars to the crumbling of the EU itself. German Foreign Minister Frank-Walter Steinmeier said the U.S. president-elect's view that NATO was obsolete and his...

  • Jan 13- Volkswagen has agreed to pay a $4.3 billion fine to settle U.S. criminal charges that it conspired for nearly 10 years to cheat on diesel emission tests. Court cases are still pending in about 20 states, including New York, Massachusetts and Maryland. A total of about 1,520 lawsuits have been lodged in the court near VW's Wolfsburg headquarters, including...

  • PARIS/ MILAN, Jan 13- European carmakers were drawn into widening investigations into diesel emissions cheating on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. The European Commission said it had been informed about the "worrying" EPA allegations and would look at what...

  • LONDON, Jan 12- Sterling slipped on Thursday after a spokeswoman said British Prime Minister Theresa May will give a speech next week on her plans for leaving the European Union, which sparked fears that she would suggest Britain will undergo a "hard Brexit." Sterling skidded to its lowest levels for almost 32 years- excluding a "flash crash" in October- this week,...

  • LONDON, Jan 12- Sterling slipped on Thursday after a spokeswoman said British Prime Minister Theresa May will give a speech next week on her plans for leaving the European Union, which sparked fears that she would suggest Britain will undergo a "hard Brexit". Sterling skidded to its lowest levels for almost 32 years- excluding a "flash crash" in October- this week,...

  • *2016 growth of 1.9 pct up from 1.7 pct in 2015. BERLIN, Jan 12- The German economy expanded at the fastest pace in five years in 2016 and the growth momentum is expected to continue this year as rising private and state spending help Germany cement its position as the locomotive of the euro zone. Europe's largest economy expanded by 1.9 percent last year, a...

  • *Data may add pressure to European Central Bank policy. BRUSSELS, Jan 12- Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five year, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect. That gelled with a surprisingly large...

  • *Data may add pressure to European Central Bank policy. BRUSSELS, Jan 12- Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five year, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect. That gelled with a surprisingly large...

  • *Ships exposed through GPS systems, have limited back-up. *Cyber insurance typically doesn't cover jamming, property damage. LONDON, Jan 12- Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices.

  • VALLETTA, Malta— The leader of the European Union's smallest nation warned Britain on Wednesday that it can only lose by leaving the EU and that no member state is likely to break ranks and negotiate with London until it has departed. "We want a fair deal for the UK, but that fair deal needs to be inferior to membership," Maltese Prime Minister Joseph Muscat told...

  • BERLIN, Jan 10- The euro may not exist in 10 years' time if Paris and Berlin fail to bolster the single currency union, French presidential candidate Emmanuel Macron said on Tuesday, adding the current system benefited Germany at the expense of weaker member states. France must implement labor market reforms and revamp its education system to revive growth, while...

  • BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators approved the French government's plan to inject 4.5 billion euros into embattled nuclear group Areva, saying the rescue would not unduly distort competition. The European Commission's ruling will allow Areva, whose equity has been wiped out by years of losses, to restart as a smaller firm focused on...

  • *Commission approves 3.3 billion euros bridging loan. BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators have approved the French government's plan to inject 4.5 billion euros into embattled nuclear group Areva, saying the rescue would not unduly distort competition. The Commission said the aid for 87 percent state-owned Areva was subject to...

  • BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators approved on Tuesday French plans to grant a capital injection of 4.5 billion euros to nuclear group Areva and said Areva's restructuring plan would not unduly distort competition. The European Commission, which oversees competition policy in the European Union, said the state aid was subject to...

  • BRUSSELS, Jan 10- The European Union hopes to seal commercial data transfer deals with Japan and South Korea to boost business ties, and plans to tackle barriers to the free flow of data within the bloc. A data transfer deal with Japan and South Korea would allow firms doing business there and in the EU to move data seamlessly without having to ask regulators for...

  • LONDON, Jan 10- Banks with large London operations say they will step up lobbying European officials because they are running out of arguments to convince the British government the industry needs single market access after Britain leaves the European Union. Prime Minister Theresa May said on Sunday she was not interested in Britain keeping "bits" of its EU...

  • LONDON, Jan 10- Banks with large London operations say they will step up lobbying European officials because they are running out of arguments to convince the British government the industry needs single market access after Britain leaves the European Union. Prime Minister Theresa May said on Sunday she was not interested in Britain keeping "bits" of its EU...