Europe News Europe

  • President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States. Speaking at a news conference in the south-western town of Schoental, Merkel struck a more conciliatory tone toward Trump than Vice Chancellor Sigmar Gabriel, who on Friday said Germany should prepare for a rough ride under the new U.S....

  • MOSCOW, Jan 21- Russia has cut its oil output by around 100,000 barrels per day in January as part of the global deal between Moscow and OPEC, Russian Energy Minister Alexander Novak was quoted as saying by TASS news agency on Saturday. "That said, our companies are moving ahead of schedule. He added that plans to discuss energy cooperation with his Saudi counterpart...

  • Jan 20, MEXICO CITY/ CARACAS- Venezuelan President Nicolas Maduro on Friday asked central bank head Nelson Merentes to step down, two sources close to the matter told Reuters. Venezuela's central bank and Information Ministry did not immediately respond to a request for comment. Long seen as a pragmatic figure, Merentes, who completed a PhD. in mathematics in...

  • SAN FRANCISCO, Jan 20- California released new measures to fight climate change within minutes of Donald Trump being sworn in as U.S. president on Friday, signaling the state's commitment to be the nation's environmental steward under an administration that has questioned the reality of global warming. California officials said it was a coincidence that the...

  • BUDAPEST- Hungarian National Bank Governor Gyorgy Matolcsy, Hungarian Prime Minister Viktor Orban and Bank of China Ltd Chairman Guoli Tian are scheduled to attend 4th "Lamfalussy" memorial conference- 0800 GMT. LONDON- Czech Central Bank board member Vojtech Benda to attend "ING Client Breakfast" in London. WASHINGTON- Mexican Foreign Minister Luis Videgaray...

  • BRUSSELS- ECB Board Member Peter Praet delivers a speech at "European Pillar of Social Rights Conference", organised by European Commission in Brussels- 1315 GMT. COPENHAGEN- Norges Bank Deputy Governor Egil Matsen gives a speech at a "Seminar on active ownership in pension funds" arranged by Pension Research Centre and Copenhagen Economics- 1410 GMT.

  • The 100- page complaint filed Friday in a San Diego federal court depicts Qualcomm as a greedy monopolist abusing its power in a key segment of the mobile chip market to extort royalties for iPhone innovations that have nothing to do with Qualcomm's technology. Apple says it has been cooperating with government regulators who have been investigating...

  • Merck will make an initial payment of $625 million to Bristol and Japan's Ono. Bristol and Ono, which co-developed the first PD-1 antibody called Opdivo, filed the suit against Merck in September 2014, alleging that its sale of Keytruda, also a PD-1 antibody, infringed their patents in markets including the United States, parts of Europe, Australia and Japan.

  • *Stocks recover some ground after paring gains on Trump speech. NEW YORK, Jan 20- The dollar ended down while U.S. stock indexes rose in the last day of a choppy trading week, as investors reacted to President Donald Trump's inaugural speech. "I think folks priced in the good stuff in that first month and now they're worried about inflation and what's the Fed going to do,...

  • *Producers to establish compliance mechanism at meeting- OPEC. Members of the Organization of the Petroleum Exporting Countries and some other producing countries including Russia will meet in Vienna this weekend to establish a mechanism to verify compliance with a deal to cut 1.8 million barrels per day of output, OPEC's secretary general told Reuters.

  • *Germany will turn to China if Trump launches trade war. BERLIN, Jan 20- Germany will need a new economic strategy geared toward Asia should the new U.S. administration start a trade war with China, Vice Chancellor Sigmar Gabriel said on Friday, warning against protectionism hours after President Donald Trump was sworn in. The leader of the left-leaning Social...

  • Jan 20- Donald Trump, a big supporter of the U.S. oil, gas and coal industries, has promised to get to work quickly after being sworn in as president of the United States, raising expectations that he will sign a slew of executive orders. The problem is that attorneys general from states like New York and California, as well as environmental groups, would likely step...

  • Shape of You, Ed Sheeran. 6. 24 K Magic, Bruno Mars. Castle on the Hill, Ed Sheeran.

  • NEW YORK/ LONDON, Jan 20- Gold prices turned up on Friday, as the dollar fell and U.S. "I think some of the populist issue themes that he's touched on are supportive of gold," said James Steel, chief metals analyst for HSBC Securities in New York. Spot gold was up 0.5 percent at $1,211.30 an ounce by 3:04 p.m. EST, while U.S. gold futures settled up 0.3 percent at $1,204.90 per...

  • *TDC rises after report of possible Telia bid. MILAN, Jan 20- European shares fell, posting their biggest weekly loss since before Donald Trump won the U.S presidential election in November, as investors grew cautious before his inauguration. Britain's FTSE slipped 0.1 percent and posted a weekly decline of 1.9 percent.

  • *Producers to establish compliance mechanism at meeting- OPEC. Members of the Organization of the Petroleum Exporting Countries and some other producing countries including Russia will meet in Vienna this weekend to establish a mechanism to verify compliance with a deal to cut 1.8 million barrels per day of output, OPEC's secretary general told Reuters.

  • BERLIN, Jan 20- Germany will need a new economic strategy geared toward Asia should the new U.S. administration start a trade war with China, Vice Chancellor Sigmar Gabriel said on Friday, warning of a "rough ride" hours after President Donald Trump was sworn in. Europe and Germany must stand together "to defend our interests. The United States is Germany's biggest...

  • NEW YORK, Jan 20- The dollar edged lower in choppy trading on Friday as investors found few reasons to make big bets on the U.S. currency following newly sworn-in President Donald Trump's inauguration speech. "There wasn't anything that appeared to elicit a strong market movement," said Richard Scalone, co-head of foreign exchange at TJM Brokerage in Chicago.

  • *Stocks, dollar lose ground on Trump speech. *S&P holds on to small gains, set for weekly dip. NEW YORK, Jan 20- The dollar was down but U.S. stock indexes pared their gains in the last day of a choppy trading week, after Donald Trump's inaugural speech as U.S.

  • LONDON/ FRANKFURT Jan 20- U.S. banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Morgan Stanley, which bases the bulk of its European staff in Britain, will have to move up to 1,000 jobs in sales and trading, risk...