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Europe News Eastern Europe

  • BUDAPEST, April 26- Budapest stocks led a retreat of Central European equities on Wednesday, driven lower by OTP shares, after the Hungarian central bank signaled that it intends to keep interest rates low, eroding banks' interest income. Hungary's main equities index fell 0.7 percent by 0855 GMT, driven by a 1.4 percent decline by OTP, the region's biggest...

  • PRAGUE _ Central European Media Enterprises Ltd. on Wednesday reported a loss of $11.1 million in its first quarter. This story was generated by Automated Insights using data from Zacks Investment Research. Keywords: Central European Media, Earnings Report.

  • BUCHAREST, Romania— Some 200 taxis and buses have parked outside the government offices in Romania's capital, Bucharest, demanding that Uber and other online taxi services be outlawed in the country. Bogdan Dinca, a transport union leader, told The Associated Press that they want the government to approve an emergency ordinance "to eradicate the piracy" they...

  • STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT. STOCKHOLM- Swedish Central Bank to publish executive board's interest rate decision along with the monetary policy report. STOCKHOLM- The Riksbank will hold a press conference on the interest rate decision.

  • FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT. STOCKHOLM- Swedish Central Bank to publish executive board's interest rate decision along with the monetary policy report. STOCKHOLM- The Riksbank will hold a press conference on the interest rate decision.

  • WEDNESDAY, APRIL 26 SEOUL- South Korea Central Bank Governor Kim Choong Soo will speak at a conference in Seoul- 1200 GMT. ANKARA- Central Bank of the Republic of Turkey monetary policy meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe gives a speech at the Renminbi Global Cities Dialogue Dinner.

  • WASHINGTON, April 25- Two former U.S. officials, intelligence director James Clapper and deputy Attorney General Sally Yates, will testify next month in a Senate investigation into alleged Russian meddling in the 2016 U.S. presidential election, the Senate Judiciary Committee said on Tuesday. The two officials from the administration of former President...

  • MOSCOW— Russia's justice ministry has restored public access to the financial reports of charities linked to the prime minister after taking them off its website following claims of corruption. Navalny's documentary video received 19 million views and triggered Russia's most widespread street protests in years. The Justice Ministry on Tuesday reposted...

  • WASHINGTON, April 25- Two former U.S. officials- intelligence director James Clapper and deputy Attorney General Sally Yates- will testify next month in a Senate investigation into alleged Russian meddling in the 2016 U.S. presidential election, the Judiciary Committee said on Tuesday. The two officials from the administration of former President Barack...

  • FRANKFURT, April 25- Two foundations tied to Germanys ruling coalition parties were attacked by the same cyber spy group that targeted the campaign of French presidential favorite Emmanuel Macron, a leading cyber security expert said on Tuesday. The group, dubbed "Pawn Storm" by security firm Trend Micro, used email phishing tricks and attempted to install...

  • MOSCOW— In a move that further cements Russia's control over parts of eastern Ukraine, Russian officials announced Tuesday they will begin supplying electricity to separatist-controlled areas in eastern Ukraine after the Ukrainian government cut off the power because of millions in unpaid bills. "Cutting the power supply to the Luhansk region is yet...

  • MOSCOW, April 25- VTB Capital, the investment banking arm of Russia's second-biggest bank VTB, said it plans to hire five metals traders for its Hong Kong office within the next two months as it boosts its commodity business. Charles Smith is joining the firm's office in Hong Kong from Avra Commodities and will be in charge of base metals, Djumaliev said in an...

  • RIYADH, April 25- Saudi Arabia's stock exchange should be ready to introduce equity futures and options in about 24 months, after it completes reforms to help it manage the risks of such products, the exchange's chief executive Khalid al-Hussan said. Futures and options would provide hedging tools for the foreign institutional investors that are expected to...

  • MOSCOW, April 25- Russia's finance ministry said on Tuesday it will start selling treasury bonds to households from April 26, borrowing directly from ordinary Russians for the first time. The ministry will offer an initial 15 billion roubles worth of "OFZ bonds for people" using the vast retail networks of Russia's two biggest banks, Sberbank and VTB bank.

  • PARIS— Researchers with the Japanese anti-virus firm Trend Micro say the campaign of French presidential front-runner Emmanuel Macron has been targeted by Russia- linked hackers, adding more details to previous suggestions that the centrist politician was being singled out for electronic eavesdropping by the Kremlin. Trend Micro said it discovered the...

  • BUDAPEST, April 25- Central European currencies mostly gained on Tuesday and government bonds tracked Bunds lower as relief over France's presidential election turned investors towards risky assets. Hungary's forint was an exception, slipping 0.1 percent to 311.75 by 0756 GMT. That round left centrist Emmanuel Macron poised to win the run-off on May 7 over...

  • BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • **FRANKFURT- Deutsche Bundesbank Executive Board Member Andreas Dombret speaks in Frankfurt. BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT.

  • WASHINGTON— The Trump administration issued sanctions Monday on 271 people linked to the Syrian agency responsible for producing non-conventional weapons, part of an ongoing U.S. crackdown on Syrian President Bashar Assad's alleged use of chemical weapons. The sanctions target employees of Syria's Scientific Studies and Research Center, which the U.S....

  • *Extension to OPEC- led cuts in focus amid high inventories. MOSCOW, April 24- Russian oil output could climb to its highest rate in 30 years if OPEC and non- OPEC producers do not extend a supply reduction deal beyond June 30, according to comments by Russian officials and details of investment plans released by oil firms. The Organization of the Petroleum Exporting...