Peter Dixon, senior economist at Commerzbank Securities, discusses the latest euro zone flash composite PMI data and says it shows "significant regional differences".» Read More
BRUSSELS, July 28- EU diplomats reached a preliminary agreement on Monday on a list of associates of Russian President Vladimir Putin and companies that will face sanctions as part of tougher measures over Moscow's actions in Ukraine, EU sources said.
MOSCOW, July 28- A European court should take "strong note" of the $50 billion Russia was instructed to pay on Monday for expropriating the assets of Russian oil firm Yukos in assessing a separate just satisfaction claim, Yukos former chief financial officer said.
WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for July, 10 a.m.. WASHINGTON— House Energy and Commerce subcommittee hearing on EPA's proposed clean power plan and grid reliability challenges.
*Russia to appeal "politically biased decision". MOSCOW/ LONDON/ AMSTERDAM, July 28- An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin.
*Soybeans supported by strong demand led by China. Wheat futures were lower but trimmed losses in the wake of a U.S. Agriculture Department announcement showing a wheat sale to Nigeria and a soybean sale to top importer China.
*FTSEurofirst 300 down 0.2 pct, Euro STOXX 50 down 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks edged lower on Monday, with unspectacular U.S. data and new European sanctions against Moscow offsetting strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser.
*Ruling comes amid turmoil in Ukraine and East-West rift. MOSCOW/ LONDON/ AMSTERDAM, July 28- The Hague's arbitration court ruled on Monday that Russia must pay a group.
ROME— A new amusement park outside Rome celebrates the world of cinema, taking visitors back to the golden age of Italian film production when the Rome- based Cinecitta Studios— still in operation— were known as " Hollywood on the Tiber."
*FTSEurofirst 300 flat, Euro STOXX 50 up 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks traded flat on Monday, with strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser balancing concerns over the implications of new international sanctions on Russia.
*Ruling comes amid turmoil in Ukraine and East-West rift. MOSCOW, July 28- The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.
PARIS, July 28- European stocks reversed early gains and dipped on Monday morning, adding to the previous session's losses, with Germany's Wincor Nixdorf sinking after it slashed its sales forecast.
MOSCOW, July 28- The European Court of Human Rights in Strasbourg is expected on Thursday to announce a decision on Yukos' multi-billion dollar claim against Russia, ruling on' just satisfaction' or compensation, a Yukos spokeswoman said.
*Russia has to start paying by Jan. 15 2015- paper. MOSCOW, July 28- Shareholders in defunct oil giant Yukos won a court battle against Russia in one of the largest-ever commercial legal cases, in which Moscow must pay $50 billion for expropriating the assets, Kommersant daily said, citing unnamed sources.
BRUSSELS, July 25- When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia.
DUESSELDORF, Germany, July 25- Uber, whose smartphone app summons rides at the touch of a button, won a new lease of life in the German city of Hamburg on Friday when a court suspended a ban imposed by local regulators.
NEWYORK/ LONDON, July 25- Rupert Murdoch's Twenty-First Century Fox Inc said on Friday it would only consider deals that are "disciplined" and increase shareholder value, a move analysts said signalled the media company does not want to overpay for takeover target Time Warner.
*Hong Kong protests weigh on already weaker Chinese demand. PARIS, July 25- The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian customers.
*CFO says Danone 2020 plan is "not a strategic review". PARIS, July 25- Food group Danone is confident of hitting full-year targets despite a weak first-half as it looks to a stabilization of European dairy revenues this year and the launch of new baby food products in China.
MOSCOW— Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
*Lafarge confirms 2014 targets, says forex hit to lessen. PARIS, July 25- Cement maker Lafarge said on Friday it was well on track for its planned merger with Swiss peer Holcim and was seeing the first signs of recovery in Europe. Lafarge shares rose after the group said it was confident of completing its deal with Holcim in the first half of 2015..