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  • An outdoor party at a home in Sagaponack, New York.

    A global pileup of homes listed for $100 million or more is underway, with a record 27 such properties up for sale, The NY Times reports.

  • COPENHAGEN, Denmark— Swedish officials say "a technical problem" is affecting air traffic control operations in Sweden— the second such issue in two weeks to hit the Scandinavian nation. Civil Aviation Administration spokesman Per Froberg told Swedish broadcaster SVT that his agency believes the error was in Sweden "but we are not sure." On May 19, an unidentified...

  • BEIJING, May 27- Domestic authorities in European Union member states should stress-test their financial institutions for cyber risks, a top EU supervisor said, saying banks might be required to hold extra capital as a buffer against what is an emerging threat. Speaking to Reuters in Beijing on Friday, Andrea Enria, chairman of the European Banking Authority,...

  • MOSCOW, May 28- Russian Energy Minister Alexander Novak said on Saturday he was not planning to take part in an OPEC meeting in Vienna in June, RIA news agency reported. Russia is not a member of the OPEC oil producers' group but consulted with its members in recent months when global oil prices collapsed to multi-year lows. Earlier this year a proposed deal...

  • PARIS— France's junior transport minister, Alain Vidalies, says that fuel shortages sparked by nationwide strikes and blockades are easing across France, although he warned that the crisis wasn't over. Panic at the pump has been among the most serious effects of weeks of French labor action, which has shuttered refineries, blocked fuel depots and disrupted...

  • MONDAY, MAY 30 SEOUL, South Korea- Federal Reserve Bank of St. Louis President James Bullard speaks before the Bank of Korea International Conference 2016- 0020 GMT. PARIS- French Finance Minister Michel Sapin and Bank of France Governor Francois Villeroy de Galhau hold a news conference on Paris as a financial center after an annual meeting with the Europlace...

  • NEW YORK, May 27- The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move...

  • *Higher output at nearly $50 seen trumping supply outages. NEW YORK, May 27- Oil prices dipped for a second day in a row on Friday as some investors took profit on a surge to seven-month highs while others worried about higher production with the market hovering near $50 a barrel. "People are worried crude production will come roaring back at these prices," said Phil...

  • NEW YORK/ LONDON, May 27- Gold slid 1 percent to a three-month low on Friday, extending losses after Federal Reserve Chair Janet Yellen indicated the U.S. central bank could raise interest rates within months if the economy continues to improve, boosting the dollar. You couldn't really say it was uber hawkish, but it keeps the door open for a July hike, and as far as gold...

  • NEW YORK, May 27- U.S. Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens. Treasury trading at Mitsubishi UFJ Securities USA Inc..

  • CHICAGO, May 27- Chicago Board of Trade corn futures rose nearly 1 percent on Friday to the highest level in 10 months on strong export demand and short-covering ahead of a long U.S. holiday weekend, traders said. At the CBOT as of 1:09 p.m. CDT, July corn was up 4-1/ 4 cents at $4.12-1/ 2 per bushel. July soybeans were up 5-1/ 4 cents at $10.85 a bushel and July wheat was down 1/...

  • It said around 75 percent of the issue was bought by foreign investors from the United Kingdom, France, Switzerland, Asia and the United States, with a quarter taken by Russian banks, asset management firms and brokerage companies. On Wednesday, Finance Minister Anton Siluanov had said foreign investors bought $1.2 billion of the $1.75 billion.

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for May, 10 a.m. Commerce Department releases construction spending for April, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac releases weekly mortgage rates, 10 a.m.. WASHINGTON— Labor Department...

  • *Banks impacted by slump at Spain's Banco Popular. LONDON, May 27 (Reuters)- European shares were steady on Friday, propped up by the Swiss stock market and pharmaceuticals companies after drugmaker Roche climbed on positive results for one of its products. "Switzerland's SMI is outperforming today, mainly thanks to Roche, after the company published positive...

  • BRUSSELS, May 27- Another sleepless night in Brussels before another debt deal with Greece. The wait ended when absent International Monetary Fund chief Christine Lagarde was reached on the phone as she travelled in Asia by her representatives in the room at the European Council's headquarters in Brussels. But the signs of indecision in the IMF have prompted...

  • Below are foreign companies that have appeared in Brazil's largest-ever corruption case named "Operation Car Wash" for a Brasilia gas station where some of the alleged money laundering took place. Petrobras wrote off $2.1 billion in graft losses, though federal police and prosecutors believe the amount siphoned from the company for more than a decade could...

  • PARIS, May 27- The aerospace industry is struggling to make the most of the chances offered by Big Data to reduce production costs, optimize flight routes, and improve monitoring and maintenance of aircraft equipment, executives said. European planemaker Airbus will discuss its digitalization strategy when it invites media for its annual Innovation Days...

  • The agreement between Greece and its creditors pushed down yields across the euro zone this week and most markets extended those declines on Friday, with German 10- year yields at 11- day lows. Greece's finance minister said on Thursday he hoped the deal meant Athens could swiftly qualify for the European Central Bank's quantitative easing program of...

  • BRUSSELS— The European Union has added several measures to its North Korea sanctions list because of the regime's continued nuclear and missile testing programs. The EU started imposing restrictive measures on Pyongyang in 2006 in line with U.N sanctions over North Korea's testing and has steadily expanded the list. On Friday, the EU announced it has banned...

  • Janet Yellen

    European stocks eked out gains on Friday amid a decline in oil prices.