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  • BERLIN, July 27- Business confidence in Germany improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. Hans-Werner Sinn, president of Ifo think tank, said the easing of that crisis had helped boost sentiment in Germany. Last week Germany and Iran...

  • BERLIN— Business confidence in Germany, Europe's biggest economy, has risen unexpectedly this month as worries over Greece have subsided, a closely watched survey showed Monday. The institute's president, Hans-Werner Sinn, said in a statement that "the recent easing of the Greece situation contributed to stronger sentiment in the German economy."

  • VW's Audi aims to raise China sales with revamped A4 Monday, 27 Jul 2015 | 4:03 AM ET

    BERLIN, July 27- Audi hopes that the redesigned top-selling A4 saloon will shore up its fortunes in China where the premium brand is grappling with dwindling sales and a leadership change. Volkswagen's flagship division will court Chinese buyers with a lighter and more fuel-efficient version of the A4, which last year added a fifth to Audi's global output of...

  • BERLIN— Swiss bank UBS AG says its earnings leapt by 53 percent in the second quarter, helped by strong performances in equities trading and wealth management. UBS said Monday that its net profit for the April-June period was 1.21 billion francs, up from 792 million francs a year earlier. CEO Sergio Ermotti said he was pleased with the quarter and that UBS "...

  • Thai Airways suspends unprofitable US flights Monday, 27 Jul 2015 | 2:22 AM ET

    BANGKOK— Thailand's beleaguered national airline said Monday it will suspend flights to the U.S. as part of efforts to end years of losses. The airline will suspend the unprofitable four roundtrip flights per week from Bangkok to Los Angeles and from Bangkok to Rome, starting October 25, Thai Airways President Jarumporn Chotikasathein said in a statement.

  • BANGKOK, July 26- Thai Airways International Pcl plans to cut 1,401 jobs through voluntary retirement this year and suspend its loss-making flights to Los Angeles and Rome as it pushes ahead with a restructuring plan, its president said on Sunday. Thai Airways aims to cut operating costs by up to 9 billion baht this year, Charumporn said. From Oct. 25, the carrier...

  • BERLIN— Frankfurt stock exchange operator Deutsche Boerse AG says it is buying foreign exchange trading platform 360 T for 725 million euros. Deutsche Boerse said Sunday that it plans to finance the acquisition of 360 T using a combination of debt and equity, a route aimed at minimizing any impact on its credit rating. It says 360 T, which is based in Frankfurt and...

  • *Athens pushes for quick cash injection but talks could drag on. FRANKFURT/ ATHENS, July 26- Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe. Answering this could hold up agreement on a third bailout deal for Greece that negotiators want to conclude...

  • FRANKFURT, July 26- Deutsche Boerse is buying German-based foreign exchange trading platform 360 T for 725 million euros, the Frankfurt- based stock market operator said on Sunday. 360 T is one of a handful of multi-bank, multi-user platforms which have revolutionized foreign exchange trading over the past decade and Deutsche Boerse beat U.S. commodities and...

  • FRANKFURT, July 26- Deutsche Boerse is buying German-based foreign exchange trading platform 360 T for 725 million euros, the Frankfurt- based stock market operator said on Sunday. "The combination will facilitate significant double-digit million Euro revenue synergies in the mid-term by utilising Deutsche Börse Group's international distribution...

  • 'Landmark' trade deal on slashing tech tariffs agreed Friday, 24 Jul 2015 | 11:29 AM ET

    The Geneva- based World Trade Organization said 49 of its members— including the United States, China and the European Union— reached a tentative accord to expand the 1996 Information Technology Agreement following three years of talks. Taiwan, a big producer of electronics, has faced considerable domestic pressure not to join. Along with four other countries—...

  • LE VERNET, France— The families of those killed in the Germanwings plane crash released white balloons into the air Friday, holding a ceremony in the French Alpine village exactly four months after the plane's co-pilot crashed the Airbus 320 into a nearby mountain. French prosecutors say co-pilot Andreas Lubitz locked the pilot out of the cockpit on the March...

  • FRANKFURT, July 24- Commodities and currency exchange operator CME Group is competing against Germany's Deutsche Boerse in a final round of bidding for German-based foreign exchange trading platform 360 T, three industry sources told Reuters on Friday. The sources said 360 T would choose one of the bidders for exclusive talks shortly and that the purchase...

  • WASHINGTON— Dozens of countries have agreed to abolish duties on more than 200 technology products— from advanced computer chips to GPS devices, printer cartridges and video-game consoles. The agreement announced Friday marks the World Trade Organization's first tariff-killing deal in 18 years. "Today's agreement is a landmark," said WTO director-general...

  • DIARY-Top Economic Events to Aug 6 Thursday, 23 Jul 2015 | 8:00 PM ET

    KUMAMOTO, Japan- Bank of Japan Deputy Governor Hiroshi Nakaso speaks in Kumamoto- 0130 GMT. 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.

  • REFILE-TIMELINE-History of the Financial Times Thursday, 23 Jul 2015 | 4:20 PM ET

    LONDON, July 23- Japanese media group Nikkei agreed on Thursday to buy the Financial Times from Britain's Pearson in a $1.3 billion deal that brings together two of the leading financial news operations from Europe and Asia. 1884- The Financial News is established by London- born journalist and entrepreneur Harry Marks on his return from the United States.

  • TIMELINE-History of the Financial Times Thursday, 23 Jul 2015 | 4:00 PM ET

    1884- The Financial News is established by London- born journalist and entrepreneur Harry Marks on his return from the United States 1888- The Financial Times is launched as the friends of the "Honest Financier and the Respectable Broker", with Leopold Graham as editor and its offices established on Telegraph Street 1891- FT newspaper sales soar 73 percent from...

  • *Athens set to remain locked out of markets. LONDON, July 23- European Central Bank purchases of Greek bonds, which may start in a month at the earliest, will be too small to push the country's borrowing costs low enough for Athens to regain market access soon. Even opportunistic investors who made profits by hoovering up Greek debt in a sale last year and selling it on...

  • European markets flat on day Thursday, 23 Jul 2015 | 11:30 AM ET
    European markets flat on day

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including earnings.

  • FRANKFURT, July 23- Daimler's second-quarter operating profit jumped 54 percent to a record high, as sales of trucks and new luxury car model launches helped it defy a slowdown in China, where German rivals are struggling to maintain momentum. Daimler sales have lagged those of Audi and BMW in the world's biggest car market, but recent steps to take its...