Don't look now, but European bond investors are sending yields to lows unseen in at least 200 years.» Read More
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
*Adecco, Randstad seen benefiting from subsidies, auto sector. LONDON, July 29- Despite high unemployment, weak economic growth and complex labour laws, France is offering an unlikely glimmer of hope to beaten-down staff recruitment firms such as Adecco and Randstad.
ATHENS, Greece— Greece's next meetings with international debt inspectors will take place in Paris instead of Athens, the government said Tuesday, calling the move a sign that the country is no longer under "intense pressure" to make austerity measures.
PARIS— French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped. The maker of the Twingo and Clio hatchbacks said Tuesday its net income rose to 749 million euros from 39 million euros a year earlier.
TOKYO, July 29- Atomic power's share of global electricity supply is at the lowest level since the 1980 s following the shutdown of Japan's reactors after the Fukushima disaster, and may fall further without major new plant construction.
WASHINGTON— Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. Obama and U.S. allies also warned that Russia was building up troops and weaponry along its border with Ukraine.
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.