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  • BICESTER, England— The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China. In the Burberry store, many try on the brand's signature trench coats, which go for at least 600 pounds after discounts. He came from Shanghai to Europe with a group of about 30 colleagues to shop and do some sight-seeing.

  • LONDON, Aug 28- Raghad al Sous braved bombings in Syria to keep studying at school before fleeing in 2013 to rejoin her mother, who had been granted refugee status in Britain. Across Europe, employers have largely welcomed a stream of young and often well-educated foreign workers who are helping to offset the ageing of the population. The situation is less clear...

  • BERLIN, Aug 28- Germany posted a record-breaking 21 billion euro surplus in the first half of 2015 but has turned a deaf ear to criticism from home and abroad that it should cut taxes or raise public spending to help alleviate pressures in the euro zone. Her party is expected use Germany's return to budget surpluses as a cornerstone of its 2017 election campaign.

  • *First trip as executive director will be China in September. PARIS/ BRUSSELS, Aug 28- The new head of the International Energy Agency faces dilemmas that challenge the purpose of the body set up to protect the interests of the West against the power of OPEC in the 1970 s. And major energy consumers China and India are not even members, presenting a headache for the...

  • *Bull market "ageing" but very much alive- Citi. China's central bank injected 60 billion yuan into money markets on Friday, the second such move this week, while inflation data out of Germany later on Friday is likely to set the tone for the European Central Bank's meeting next Thursday as deflationary pressures rise around the world. Although global equities are...

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • PARIS, Aug 27- French carmaker Citroen is preparing a series of model launches, brand chief Linda Jackson told Reuters, in a bid to reverse a sales slump that threatens to hamper parent Peugeot's recovery from near bankruptcy. With sales down sharply, Citroen is a blot on Peugeot's otherwise stellar rebound. Sales of Peugeot models rose 3.9 percent in January...

  • DIARY- Top Economic Events to Sept 9 Wednesday, 26 Aug 2015 | 8:00 PM ET

    German Chancellor Angela Merkel, EU foreign policy chief Federica Mogherini, European Commission Vice President Maros Sefcovic, European Bank for Reconstruction and Development President Sir Suma Chakrabarti and prime ministers of Italy, Serbia, Slovenia, Croatia and Albania to attend. PARIS- European Central Bank board member Benoit Coeure speaks at the...

  • U.N. chief urges world leaders to speed up climate talks Wednesday, 26 Aug 2015 | 12:27 PM ET

    *Climate talks in Paris aim for global climate deal. PARIS, Aug 26- United Nations Secretary-General Ban Ki- moon urged world leaders on Wednesday to look beyond their national interests and make sure a global deal to fight climate change is agreed at talks in Paris this year. With just 10 days scheduled for formal negotiations before the climate summit begins in...

  • As Argentina struggles, TV ad producers flock to Chile Wednesday, 26 Aug 2015 | 10:41 AM ET

    SANTIAGO, Aug 26- When the creators of an elaborate 2013 Cadillac commercial began to scout for shooting locations three years ago, they began in Argentina, where varied landscapes and creative talent had long attracted ad producers. Argentina demanded hefty deposits on all vehicles, cameras, and lights, and producers were unsure when- or even if- their imports...

  • France says refund to Russia for warships is below $1.1B Wednesday, 26 Aug 2015 | 7:59 AM ET

    PARIS— France says the cost of the cancellation of the sale of two Mistral-class warships to Russia is below 1 billion euros. French government spokesman Stephane le Foll said Wednesday that the amount includes refunding all the advances paid by Russia. The 1.2 billion euro deal was supposed to be the biggest arms sale ever by a NATO country to Russia.

  • China fears weigh on European markets Wednesday, 26 Aug 2015 | 6:09 AM ET
    China fears weigh on European markets

    CNBC's Seema Mody reports volatility continues as markets trade lower in Europe.

  • Airbnb to start collecting taxes in Paris Tuesday, 25 Aug 2015 | 3:23 PM ET

    Aug 25- Online home-rental marketplace Airbnb Inc said on Tuesday it would begin collecting and remitting tourist taxes from guests on behalf of rental apartments in Paris. Airbnb, whose most popular city is Paris with more than 50,000 listings, said it would collect 0.83 euro per person per night for reservations made in Paris on or after Oct. 1.

  • *USDA corn, soybean conditions match expectations. WINNIPEG, Manitoba, Aug 25- U.S. soybeans rebounded on Tuesday off a more than six-year low, helped by China's decision to cut interest rates, although fears of a cooling economy in the world's largest buyer of the oilseed kept gains in check. Bargain buying and a bounce in other commodities, such as crude oil, nudged...

  • Airbnb to include small Paris tourism tax on rentals Tuesday, 25 Aug 2015 | 10:44 AM ET

    PARIS— The home-sharing company Airbnb has agreed to incorporate in its prices a small tourist tax on rental apartments in Paris— following a request by Paris authorities. In a statement Tuesday, Airbnb said it would collect 0.83 euros per person per day to be paid by lodging tourists from Oct. 1. Paris— the most visited city in the world— is also the most popular city...

  • MSCI's benchmark EM stocks index recovered almost half of the 5 percent it had lost on Monday when worries about China's economic health had sent global markets into a panic. "The PBOC is doing what it has to do but it is very likely it is not enough so more will have to be done," said Wei Yao, China economist for Societe Generale in Paris. Though Asian markets were shut,...

  • GRAINS-Soybeans extend gains after China cuts rates Tuesday, 25 Aug 2015 | 7:15 AM ET

    *Soybeans extend gains to 1.3 pct after China cuts rates. *USDA leaves condition of soybean, corn crop unchanged. Wheat gained 1 percent despite the U.S. Department of Agriculture pegging the progress of the spring wheat harvest above market expectations.

  • European averages rally Tuesday, 25 Aug 2015 | 6:38 AM ET
    European averages rally

    CNBC's Seema Mody reports on the rebound in European stocks as major markets bounce back.

  • DUBAI, Aug 25- Iran will ramp up crude oil production and reclaim its lost share of exports shortly after international sanctions on the OPEC member are lifted, Iran's oil minister Bijan Zanganeh said on Tuesday. Iran and six world powers agreed a deal in July to curb Tehran's nuclear programme, but sanctions imposed in 2012 will not be lifted until Iran has...

  • LONDON, Aug 25- Volatile global markets got some respite from the latest blood-letting on Tuesday as bargain hunters nudged up Asian and European stocks, though China, at the centre of the rout, was smashed again. China's main equity markets had seen another huge 8 percent drop overnight and Japan's Nikkei had slumped 4 percent, but the rest of Asia had been calmer...