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  • BUDAPEST, May 27- The Polish zloty gained half a percent in thin holiday trading on Friday, while shares in Hungarian drug maker Richter gained as much as 4 percent after crossing a key price level. One analyst in Warsaw said weak U.S. economic growth data bolstered the zloty as it dampened prospects for a rate increase by the Federal Reserve in the near term, which...

  • PARIS, May 27- Strikes gripping France could be called off by Monday if President Francois Hollande's government backs down on a labour reform it is trying to push through, the head of the hardline CGT union leading the action said on Friday. As riot police cleared picketers and barricades blocking access to a large fuel depot on Friday, Hollande said after a...

  • NEW YORK, May 27- The dollar index rose on Friday, on track for its strongest monthly performance since last November, before U.S. "The headline was a little softer than expected, but not really anything that dents the outlook for what we've seen from Fed speakers, which seems to be a bit more hawkish since we've gotten the release of the April minutes last week," said...

  • Swiss watchmakers such as Breitling face dwindling sales in their biggest market, Hong Kong, while Europe is getting fewer tourist shoppers in the wake of Islamist attacks. Breitling Vice President Jean-Paul Girardin told Reuters he is confident the Schneider family is committed to the business, despite speculation about its future following the death...

  • AUGSBURG, Germany, May 27- The chief executive of German industrial robot maker Kuka said on Friday he welcomed an impending 4.5 billion- euro takeover bid from Chinese home appliance maker Midea. China is the world's biggest market for industrial robots and robot sales in China rose 16 percent last year, driving global sales up 8 percent. However, Chancellor...

  • WhatsApp and Messenger are highly popular messaging apps

    As the audience for messaging apps such as WhatsApp grow, several competing firms are emerging and are figuring out how to monetize.

  • *China zinc output down 2.5 pct in April. *Coming up: speech by Fed's Janet Yellen at 1715 GMT. "We've seen some more short covering and book squaring, I think that's been the main driver ahead of the long weekend and the options declaration," said Robin Bhar, head of metals research at Societe Generale in London.

  • PARIS— Union activists disrupted the Marseille airport Friday and halted activity at half of the country's oil refineries in protests over changes to France's labor system, but nationwide gasoline shortages eased slightly after government intervention. The heart of their dispute is a labor bill that would loosen rules on France's 35- hour work week and...

  • The appointment of a manager with a history of success is being tipped to push up the share price of Manchester United.

  • Weekly agenda: Memorial day, OECD, IATA

    CNBC breaks down the six big stories to keep an eye out for next week.

  • BRUSSELS— The European Union is launching an effort to contain the so-called "grey economy" of undeclared and untaxed work. EU Social Affairs Commissioner Marianne Thyssen said Friday: "For us it is clear: there is no place for unfair working conditions and social dumping in our European Union." The evasion of taxes on labor, meanwhile, undermines Europe's efforts...

  • France soccer euro 2016

    Demonstrators have set their sights on a new target, threatening to paralyze France when it hosts the 2016 UEFA European Championship soccer tournament.

  • *China wants to be recognised as a "market economy". BRUSSELS, May 27- The European Commission and China may be near a deal to avoid a dispute at the World Trade Organization and a wider trade war, diplomats say, but must convince EU lawmakers angry over record Chinese steel output. Chinese envoys have signalled they could live with the dual approach, which is designed...

  • *China zinc output down 2.5 pct in April. *Coming up: speech by Fed's Janet Yellen at 1715 GMT. "We've seen some more short covering and book squaring, I think that's been the main driver ahead of the long weekend and the options declaration," said Robin Bhar, head of metals research at Societe Generale in London.

  • LONDON, May 27- U.S. soybeans rose on Friday, putting the market on track for a seventh consecutive week of gains, the longest such rally in seven years, boosted by output losses in key exporter Argentina. Chicago Board of Trade July soybeans were up 0.1 percent to $10.81 a bushel by 1030 GMT. Argentina's 2015/ 2016 soybean harvest is going well, the Buenos Aires Grain...

  • ATHENS, Greece— Russia's president is travelling to financially struggling Greece for a visit that will include a trip to a secluded, male-only Christian Orthodox sanctuary in the country's north. Vladimir Putin is to discuss energy cooperation and Russian investments in Greece during a meeting Friday with Greek Prime Minister Alexis Tsipras.

  • Here are highlights of the G-7 leaders' declaration:. WORLD ECONOMY: The G-7 leaders said it was an urgent priority to "collectively" tackle global economic challenges. REFUGEES: The G-7 leaders said large-scale migration and refugee flows are a global challenge.

  • MADRID— Spain has won approval from European authorities to spend 2.13 billion euros on the closure of 26 coal mines by 2018.. The European Commission, which approves state aid as long as it doesn't distort competition, gave the go-ahead Friday after agreeing to Spain's closure plan, which has brought protests from some miners. Coal accounts for about a quarter...

  • *Amsterdam attracting a series of new listings. Philips set an IPO price of 20 euros Thursday night, implying a market capitalisation of 3 billion euros, or an enterprise value of 4.5 billion euros including debt.. The shares rose eight percent to 21.45 euros in early trading in Amsterdam.

  • LONDON, May 27- Emerging stocks enjoyed their first weekly gains since mid-April on Friday but currencies remained under pressure as investors remained divided on the prospect of a June interest rate rise in the United States. MSCI's emerging equity index gained 0.7 percent on the day and is up 3 percent so far this week, lifted by gains in bourses across Asia,...