Europe News Europe

  • BEIJING— On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology. In the case of nuclear reactors, industry experts say China is underestimating how tough it will be for its novice exporters to...

  • Janet Yellen

    European stocks are expected to open slightly lower as investors tread cautiously ahead of a key speech by Janet Yellen on Friday.

  • ROME— The Latest on the earthquake in central Italy:. Sergio Pirozzi told state-run RAI radio and Sky TG24 that he needs heavy equipment to clear rubble-clogged streets to get to the injured. The quake struck central Italy, near Rieti, shortly after 3:30 a.m. and was followed by several aftershocks.

  • ROME— A magnitude 6.1 earthquake struck central Italy early Wednesday, levelling buildings in several towns as residents slept. The quake struck just after 3:30 a.m. and was felt across a broad section of central Italy, including the capital Rome where people in homes in the historic center felt a long swaying followed by aftershocks. The U.S. Geological...

  • **JOHANNESBURG- South African Finance Minister Pravin Gordhan take part in a debate on the economy- 1700 GMT. **PRETORIA- South African Reserve Bank Conference on Collaboration for Building Cyber Resilience. Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT.

  • Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT. JACKSON HOLE, WYOMING, United States- Bank of England's Deputy Governor for Markets and Banking Nemat Shafik to participate in a panel discussion titled "Adapting to Changes in the Financial Market Landscape"- 1450 GMT. FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States-...

  • *Chinese firms in running for K-Electric. SINGAPORE/ ISLAMABAD, Aug 24- Chinese state-backed firms are frontrunners to buy a $1.5 billion controlling stake in Pakistani utility K-Electric, sources said, as they bet the benefits of a Beijing- led economic corridor will trump the risks of investing in Pakistan. "The China-Pakistan Economic Corridor is the main...

  • TRENTON, N.J.— Sky-high price hikes for EpiPen, the injected emergency medicine for severe allergic reactions to foods and bug bites, have made its maker the latest target for patients and politicians infuriated by soaring drug prices. Mylan N.V., which has headquarters in Hertfordshire, England, and Pittsburgh, has hiked prices as frequently as three times a year...

  • *Settlement follows all-night talks between VW, suppliers. *Six plants, 28,000 workers affected by supplier dispute. BERLIN, Aug 23- Volkswagen and two of its parts suppliers on Tuesday resolved a contract dispute that had hit output at more than half of the carmaker's German plants and threatened to undermine its recovery from a diesel emissions scandal.

  • NEW YORK, Aug 23- Oil prices rose on Tuesday after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in U.S. crude stocks. Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, refused to join a...

  • *USDA raises good/excellent rating for corn crop. *Pro Farmer tour finds good yield potential in Indiana. Crop ratings typically deteriorate heading into autumn, so the improvement weighed on prices, said Jim Gerlach, president of A/C Trading in Indiana.

  • NEW YORK, Aug 23- Homebuilders helped lift both U.S. and European stock markets on Tuesday, while oil prices got a boost from Iran's positive signals about an output freeze. Homebuilders there also saw a bounce following a solid update from UK homebuilder Persimmon, which closed 4.2 percent higher and was the biggest riser on the blue-chip FTSE 100.

  • NEW YORK/ LONDON, Aug 23- Gold was largely unchanged on Tuesday as markets shifted focus from hawkish comments by a Federal Reserve official over the weekend to a meeting of global central bankers later this week that might provide hints on the timing of a U.S. interest rate increase. Federal Reserve Chair Janet Yellen may provide more clarity on interest rates in...

  • NEW YORK, Aug 23- Oil prices rose more than 1 percent on Tuesday after Reuters reported that Iran was sending positive signals that it may support joint OPEC action to prop up the market. Although it has not said if it will join an effort to curb production at a meeting of OPEC and other producers in September, Iran appears more willing this time to reach an...

  • WASHINGTON— The FBI is investigating cyber intrusions targeting reporters of The New York Times and is looking into whether Russian intelligence agencies are responsible for the acts, a U.S. official said Tuesday. CNN first reported the FBI's investigation. New York Times spokeswoman Eileen Murphy would not confirm the FBI's investigation, but said, "We have...

  • Aug 23- A low-growth world won't be an easy one for emerging markets, but at least the Federal Reserve will keep the water in the bath warm. That means returns to riskier assets like those from emerging markets could do relatively well in the near term, as the Fed is forced to recalibrate interest rate policy for a stubbornly less economically vibrant world.

  • *Iran sending "positive signals" on output freeze- sources. NEW YORK, Aug 23- Oil prices rose more than 1 percent on Tuesday, reversing early losses, after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market. Although it has not said if it will join an effort to curb production at a meeting of OPEC and other...

  • *Iraq not open to capping output, Abadi says. BAGHDAD, Aug 23- Iraq's prime minister said the country has not yet reached its full oil market share, suggesting his government would not restrain crude output as part of any possible OPEC agreement to lift prices. "And the capping, we are not open to that because Iraq is still below what it should produce," Haider al-Abadi...

  • Stiglitz: Eurozone structure doomed the euro

    Joseph Stiglitz, 2001 Nobel Prize Winner and Columbia University Professor, discusses his views on the European Union and the euro currency.

  • Maryland, Massachusetts, New York and Pennsylvania sued Volkswagen over excess diesel emissions related to its use of cheating software while the state of Washington has filed a notice of penalty against Volkswagen. VW spokeswoman Jeannine Ginivan said the automaker "is committed to reaching a fair and efficient resolution of remaining federal and state...