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  • Wall Street's Dow Jones industrial average was up 128.01 points, or 0.73 percent, to 17,568.6 in midday New York trade, the S&P 500 gained 18.45 points, or 0.89 percent, to 2,086.09 and the Nasdaq Composite added 32.60 points, or 0.65 percent, to 5,072.38. RSA Insurance Group jumped 18 percent after Zurich Insurance said it was considering a bid for the British group.

  • French state-controlled Nexter Systems and privately-held Krauss-Maffei Wegmann GmbH& Co KG of Germany have been in exclusive tie-up talks for more than a year. One apparent sticking point had been the reported preference of German Vice-Chancellor Sigmar Gabriel for an all-German merger of KMW with automotive and defense group Rheinmetall designed to...

  • BERLIN— The World Trade Organization says Taiwan and Thailand have joined an agreement reached last week to abolish duties on more than 200 technology products. The Geneva- based trade body said the two Asian nations on Tuesday confirmed their acceptance of the WTO's first tariff-eliminating deal in 18 years. Taiwan, a major electronics producer, and Thailand...

  • BRUSSELS, July 28- Facebook may not prevent its users from using fake names, a German privacy watchdog said on Tuesday, in the latest privacy setback for the U.S. company in Europe. The Hamburg data protection authority, which is responsible for policing Facebook in Germany, said the social network firm could not unilaterally change users' chosen usernames to...

  • PARIS— Over the past week, French farmers have used tractors to block the border with Germany and chucked foreign vegetables off trucks in protest of cheap imports. They are protesting increasingly slim margins they blame on cheap imports and high social charges, which they say make them unable to compete against Germany, much less Eastern Europe.

  • NEW YORK, July 28- U.S. and European stocks were on track to snap five-day losing streaks on Tuesday, as investors focused on earnings news and mergers and looked past another fall in Chinese equities and sliding oil prices. RSA Insurance Group jumped 11 percent after Zurich Insurance said it was considering a bid for the British group, which has a market...

  • MUNICH/ TOKYO, July 28- Volkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for the German maker of the Golf and Polo, as deliveries are falling in China, destination of a third of its global sales, making it overly reliant on...

  • *RSA surges on possible bid from Zurich Insurance. *Kering climbs after sales rise. LONDON, July 28- European shares bounced back on Tuesday, lifted by strong company results and corporate takeover activity after falling in the previous five sessions due to concerns over China's growth.

  • PARIS, July 28- French and German armoured vehicle makers Nexter and KMW are to seal their long-planned merger on Wednesday, the French defence ministry said, combining the Leclerc and Leopard tank brands to compete with the U.S.-made Abrams and Britain's Challenger. The merged company will be 50 percent owned by the French government through GIAT Industries...

  • *Kering, Statoil up on encouraging company updates. LONDON, July 28- European shares bounced back on Tuesday, lifted by strong company results and news of acquisitions after falling in the previous five sessions on concerns over China's growth. RSA Insurance Group surged 11.3 percent after Zurich Insurance said it was weighing up a bid for the British group with...

  • MUNICH, July 28- German truck maker MAN SE cut its profit and sales expectations for this year after posting a second-quarter loss due to restructuring costs and plunging demand in Brazil. The Volkswagen-owned manufacturer last month announced plans to cut 1,800 jobs at its main trucks division in Europe as part of the parent company's efforts to slim down the...

  • HONG KONG, July 28- Asian stocks rose from the day's lows on Tuesday as Chinese shares see-sawed after Beijing scrambled to prop them up while some investors took shelter from market volatility in safe-haven assets such as government bonds and the Japanese yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent on the day after...

  • MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent in early deals, its lowest level since July 9 as mainland Chinese indexes opened 2- 5 percent lower. Since hitting a peak in early June, Chinese shares have gone through a roller-coaster ride with main China indexes falling by a third in less than a month before rebounding by a quarter,...

  • *Asia drops after Monday's freefall in China shares. The dollar was under pressure as China jitters spurred flows into havens such as the yen, while commodities including oil and copper wilted amid fears of a collapse in demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent.

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • Apple in talks with BMW about electric car: Report Monday, 27 Jul 2015 | 4:48 PM ET
    A new BMW i3 electric car is seen on the assembly line at the BMW factory in Leipzig, Germany.

    Is Apple gearing up to give Tesla a run for its money?

  • BERLIN— Kazakhstan is set to become the 162nd member of the World Trade Organization after the Geneva- based body formally approved the country's membership Monday. The largest former Soviet republic in Central Asia is rich in natural resources and a key transit country for goods between Asia and Europe. Kazakhstan, which has suffered from the economic...

  • Shanghai market records biggest daily loss since 2007. Wall Street was down on worries over China's slowing growth, crystallized by a stunning 8.5 percent fall in shares in Shanghai that also rattled equity markets in Europe and Asia. China's top securities regulator quickly said the government would continue to buy shares to stabilize the stock market as an...

  • European shares close sharply lower on China concerns Monday, 27 Jul 2015 | 12:28 PM ET

    *China- exposed stocks among top decliners. LONDON, July 27- European equities dropped to a two-week low on Monday, recording their fifth straight daily decline, as fears for China's growth prospects overshadowed some forecast-beating results. But shares fell further following a weaker start on Wall Street on concerns that China's growth prospects were...

  • Wall Street opened lower on worries over China's slowing growth, crystallized by a stunning 8.5 percent fall in Shanghai that also rattled equity markets in Europe and Asia. Share indices in Frankfurt and Paris tumbled more than 2 percent, while London's FTSE 100 was off nearly 1 percent. Japan's Nikkei slipped nearly 1 percent, while MSCI's broadest index of...