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  • Sanofi is increasing pressure on U.S. drugmaker Medivation to discuss its acquisition offer, writing to its board of directors that the deal is a "priority" and that the Paris- based company will attempt to replace Medivation board members if they don't negotiate. On Thursday, Sanofi released a letter sent to Medivation's board, stating that it is committed to the...

  • Secretary-General Ban Ki- moon urged governments, businesses and civil society to make good on the landmark climate agreement concluded late last year in Paris by more than 170 countries. World Bank President Jim Yong Kim said governments and corporations should invest in lower-carbon transport systems and switch over from road to rail and water transport.

  • ATHENS, Greece— Unions in Greece have called a three-day general strike to protest against new bailout austerity measures, in a sign of growing discontent with Prime Minister Alexis Tsipras' left-wing government. Lawmakers are currently debating an overhaul of the pension system, proposed by the government under Greece's obligations to rescue lenders from...

  • *China corn area to drop for first time in 13 years. LONDON, May 5- Chicago soybean prices were higher on Thursday with crop losses in Argentina helping to tighten global supplies while wheat and corn also edged up. The most active soy contract on the Chicago Board of Trade was up 0.3 percent at $10.37-1/ 4 a bushel at 1124 GMT.

  • BERLIN/ LONDON, May 5- European airports are racing to redesign terminals and offer new services to pull more passengers into their stores, in the face of online competition and militant attacks that have kept away some big-spending Asian travellers. Vienna Airport, for example, plans to expand the shopping and food area in its Terminal 2 by about 50 percent-...

  • LONDON, May 4- World stocks fell for the second straight day on Wednesday and metals prices declined, pressured by signs of a renewed and prolonged global growth downturn. A deluge of lacklustre manufacturing data from across the world set off this week's selling spree, notably Chinese factory activity shrinking for the 14th straight month, British output at...

  • CHICAGO, May 3- Chicago Board of Trade corn, soybean and wheat futures fell on Tuesday, pressured by a round of profit taking and technical sales, traders said. "The funds giveth and the funds taketh away," said Bill Gentry, a broker at Risk Management Commodities in Lafayette, Indiana. CBOT July corn futures dropped 12 cents at $3.79-3/ 4 a bushel and CBOT July soft red...

  • CARACAS/ HOUSTON, May 3- Venezuelan state oil firm PDVSA has issued at least $310 million in debt to companies including General Electric Co as it negotiates private issuances to pay off its suppliers, industry sources told Reuters, stretching the finances of a company that bondholders already worry is on its way to default. The securities are not bonds but offer...

  • PARIS, May 3- French President Francois Hollande said on Tuesday that he was opposed at this stage to concluding the proposed Transatlantic Trade and Investment Partnership between the European Union and the United States. "As things stand in the international trade negotiations, the French position is' no'," Hollande said in a speech in Paris.

  • OSLO, May 3- Norway's $872- billion sovereign wealth fund, the world's largest, said it would press U.S. oil majors ExxonMobil and Chevron to do more to report on the risks of climate change. "We want them to be open about their climate strategy and their dialogue with regulators," the fund's chief executive Yngve Slyngstad told reporters. The fund, itself built from...

  • PARIS, May 3- General Electric wants to become a major player in the offshore wind industry and is interested in buying the Areva-Gamesa offshore joint venture Adwen, GE's new head of renewables said on Tuesday. Following its takeover of the energy assets of French Alstom, GE in November 2015 created a global renewable energy business unit with sales of 9 billion...

  • *Argentina crop damage, dollar drop help U.S. soy exports. PARIS/ SINGAPORE, May 3- Chicago soybean futures rose on Tuesday to their highest in more than a year, as crop damage in Argentina and a falling dollar raised the prospect of continued demand for U.S. supplies. Chicago Board of Trade most-active soybean contract was up 0.8 percent at $10.52-1/ 2 by 1108 GMT.

  • PARIS, May 3- General Electric wants to become a major player in the offshore wind industry and is interested in buying the Areva-Gamesa offshore joint venture Adwen, GE's new head of renewables said on Tuesday. Following its takeover of the energy assets of the French group Alstom, GE in November 2015 created a global renewable energy business unit with sales of...

  • FRANKFURT, May 3- Pressure on ticket prices, tourist caution after attacks on European cities and cargo weakness prompted Lufthansa to cut growth plans for the year, weighing on its shares. British Airways owner IAG last week said it will offer fewer flights than initially planned this summer because people are flying less after the Brussels attacks.

  • PARIS— France is threatening to reject a huge free-trade deal between the U.S. and the European Union, saying it's too friendly to U.S. business and probably doomed. President Francois Hollande said Tuesday that France "will never accept" challenges to its farming and culture in exchange for better access to U.S. markets. "That's why at this stage, France says no," the...

  • President Francois Hollande's Socialist government has watered it down to soothe his leftist base, but it still reportedly lacks enough support to be adopted by the National Assembly. Amid overall frustration at France's economic stagnation, the bill has galvanized opposition from unions and a violent fringe of youth who have clashed repeatedly with...

  • *Show in Cuba harks back to Chanel Cruise line's roots. The company narrowed its price gaps between the United States, Europe and Asia last year to prevent smugglers buying goods in one region to re-sell to another in the grey market. "We reduced quite a lot the parallel market, mainly in Asia, and we have double-digit growth in our boutiques in mainland China," Bruno...

  • *Show in Cuba harks back to Chanel Cruise line's roots. The company narrowed its price gaps between the United States, Europe and Asia last year to prevent smugglers buying goods in one region to re-sell to another in the grey market. "We reduced quite a lot the parallel market, mainly in Asia, and we have double-digit growth in our boutiques in mainland China," Bruno...

  • "Beans were down early... but came roaring back higher, lead by the meal, and backstopped by a weaker U.S. dollar," Charlie Sernatinger, global head of grain futures at ED&F Man Capital, said in a note to clients. Analysts were waiting for reports from the Wheat Quality Council's annual tour of Kansas this week for confirmation that ample moisture was bolstering...

  • AIX-EN-PROVENCE, France— A French appeals court on Monday upheld a four-year prison sentence against a maker of fraudulent breast implants that were given to tens of thousands of women worldwide from 2001 to 2010.. The appeals court in the southern town of Aix-en-Provence found Jean-Claude Mas, 76, the founder and former owner of the French company PIP, guilty...