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  • Sept 3- Medtronic Plc reported a better-than-expected 70 percent rise in quarterly revenue, helped by higher sales of its heart and vascular devices in the United States and the Covidien acquisition. Dublin- based Medtronic's revenue rose to $7.27 billion from $4.27 billion a year earlier. Medtronic said sales in its cardiac and vascular business, which makes...

  • ANKARA, Turkey— Two Vice News journalists who were arrested in Turkey on terror-related charges have been released from jail, a Turkish government official said Thursday. The two British journalists, correspondent Jake Hanrahan and cameraman Philip Pendlebury, were detained last week in Diyarbakir, the main city in Turkey's mostly Kurdish southeast, after...

  • FRANKFURT, Sept 3- The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further. The bank, which left interest rates unchanged in a widely predicted decision, is expected to say the chances of missing its...

  • Sept 3- Medical device maker Medtronic Plc reported a 47 percent rise in quarterly adjusted net income, helped by higher sales across all its divisions. The Dublin- based company's adjusted profit rose to $1.46 billion, or $1.02 per share, in the first quarter ended July 31 from $992 million, or 99 cents per share, a year earlier. This is the second quarter to include...

  • The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Fourteen analysts surveyed by Zacks expected $7.03 billion. Medtronic expects full-year adjusted earnings in the range of $4.30 to $4.40 per share.

  • *FTSE 100 up 1.4 pct, slightly outperforms Europe. *Battered miners Glencore, Anglo American stage rebound. The FTSE 100 blue-chip index, which is due to be reshuffled on Sept. 21 to include housebuilder Berkeley Group and drop Weir Group, was up 1.4 percent at 6,169.22 points at 1103 GMT, slightly outperforming the FTSEurofirst 300 index, up 1.3 percent.

  • PARIS/ MILAN, Sept 3- Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter, said on Thursday it was the right time to leave after she resigned abruptly ahead of the completion of a planned merger with Italy's Yoox. The merger, announced in March and expected to complete next month, will create a leader in the fast-growing online...

  • *Soybeans steady as China worries ease. PARIS/ SINGAPORE, Sept 3- U.S. and European wheat futures slipped to new contract lows on Thursday as a tender by top importer Egypt kept attention firmly on stiff competition in well supplied export markets. Soybeans inched higher as investor worries about China, the world's biggest soybean buyer, abated.

  • Sept 3- Mining equipment maker Joy Global Inc, which gets about 60 percent of its revenue from coal miners, reported a 37 percent fall in quarterly profit and cut its full-year forecast as customers cut spending due to weak prices. Joy Global has cut jobs and lowered production among other measure to try to adapt to the slowing demand that has led to company's...

  • *Markit says PMI points to Q3 GDP growth of 0.4 pct. LONDON, Sept 3- Euro zone business activity accelerated at its fastest pace in more than four years last month, according to surveys that highlighted an ongoing divergence between laggard France and the other big economies in the currency bloc. The data, which come as official numbers showed retail sales rose less...

  • *EasyJet surges on positive profit outlook. LONDON, Sept 3- European shares rose sharply on Thursday, tracking strong gains on Wall Street and ahead of a European Central Bank meeting that investors expect will deliver a boost to markets following recent turmoil. Focus will be on stressing that the ECB stands ready to act, " Robert Parkes, equity strategist at HSBC,...

  • *From sprinter to laggard as oil industry contracts. OSLO, Sept 3- Norway's oil-driven economy, until recently among Europe's top performers, faces years of slower growth as energy industry gloom infects other sectors, challenging policymakers who want to create jobs but fear stoking a red-hot housing market. Having outpaced the euro zone in each of the last...

  • FRANKFURT, Germany— The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday. Draghi said the ECB can add to its 1.1 trillion euro program, if the 19- country currency bloc needs it. Tom Rogers, senior economic adviser to the EY...

  • *Iceland produces enough energy to power 1.65 million homes in a year, far more than its 300,000- strong population, according to 2013 data from Iceland's energy authority and Reuters calculations. *Cables connect Iceland to the United States via Greenland and Canada, to Britain and to mainland Europe via Denmark and Germany. *Iceland plans to expand this...

  • Iceland hopes new incentives can entice Silicon Valley. *Iceland's energy and cable data: http://link.reuters.com/ven45w. COPENHAGEN, Sept 3- As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centres-- warehouses that consume enormous amounts of energy to store the information of 3.2...

  • *Zarxio priced at 15 pct less than Amgen's Neupogen. *Amgen unsuccessful in attempt to block Zarxio launch. The arrival of biosimilars threatens companies heavily reliant on biotech drugs, such as Amgen, AbbVie and Roche, and Citigroup analysts have predicted a transfer of at least $110 billion of value from innovator companies to copycat producers in the next...

  • BEIJING, Sept 3- Venezuelan President Nicolas Maduro said on Thursday he would talk to Russian President Vladimir Putin about what could be done to stabilize world oil markets and prices. Maduro made the comments as the two men, both leaders of major oil producing countries, began talks in Beijing, after attending a military parade to mark 70 years since the end of...

  • BUDAPEST, Sept 3- A train full of migrants bound for Sopron, a town near the Austrian border, has left Budapest's eastern railway station, a Reuters reporter witnessed on Thursday.

  • LOS ANGELES— An educational video game has been edited following a social media backlash over a scene depicting slaves being packed into a ship. The scene was also removed from the official trailer for the title, which was originally released by Copenhagen- based developer Serious Games Interactive in 2013.. "Slave Trade," which is intended to teach children ages...

  • MSCI's emerging equity index rose 0.26 percent, with a 2 percent Wednesday rally on Wall Street improving overall equity sentiment. "It's helpful that China is closed as the large swings had created volatility and uncertainty in other markets," said William Jackson, senior emerging markets economist at Capital Economics. Investors are eyeing an interest rate...