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  • Dec 17- French telecom group Orange SA confirmed on Wednesday that it has been sued in California by San Francisco- based startup Telesocial in an intellectual property case, but said that the startup's claims were unfounded. Orange said Telesocial has already taken the company to two French courts including the Paris Court of Appeal based on the same...

  • FRANKFURT/ PARIS, Dec 17- European Central Bank policymakers are discussing how best to act to revive the euro zone economy rather than whether to do so, ECB board member Benoit Coeure said, as France pressed for a "more suitable" monetary policy for the common currency area. Coeure, a Frenchman close to ECB President Mario Draghi, said there was support on the bank's...

  • BRUSSELS, Dec 17- The International Monetary Fund estimates Ukraine needs another $15 billion in financing to withstand an economic crisis but the European Union has only limited capacity to help, European Commission President Jean-Claude Juncker said on Wednesday. Ukraine will need $15 billion in addition to what is already planned, "he told the European...

  • BRUSSELS, Dec 17- The International Monetary Fund estimates Ukraine needs another $15 billion in financing to withstand an economic crisis but the European Union has only limited capacity to help, European Commission President Jean-Claude Juncker said on Wednesday. "Ukraine will need more help. Ukraine will need $15 billion in addition to what is already...

  • NYC premiere of Rogen film canceled as threats fly Wednesday, 17 Dec 2014 | 12:05 AM ET

    The New York premiere of "The Interview" canceled. The Department of Homeland Security said there was "no credible intelligence to indicate an active plot against movie theaters," but noted it was still analyzing messages from the group, dubbed GOP. The warning did prompt law enforcement in New York and Los Angeles to address measures to ramp up security.

  • The Department of Homeland Security said there was "no credible intelligence to indicate an active plot against movie theaters," but noted it was still analyzing messages from the group, dubbed GOP. The warning did prompt law enforcement in New York and Los Angeles to address measures to ramp up security. Carmike Cinemas, which operates 247 theaters across the...

  • WASHINGTON/ PARIS, Dec 16- Alstom SA is close to settling a bribery case with the U.S. Justice Department for $700 million, a person close to the matter said on Tuesday, in what would be the largest criminal fine levied by the United States for foreign bribery. A top Justice Department official said in a speech last month that Alstom executives along with Japanese...

  • Russia-exposed stocks lag skittish European indexes Tuesday, 16 Dec 2014 | 11:00 AM ET

    LONDON, Dec 16- Shares in European companies exposed to Russia lagged volatile regional indexes on Tuesday, as the rouble plunged in value and concern grew about the state of the Russian economy. Shares in Raiffeisen Bank International, which relies on Russia for profits, fell more than 8 percent to a record low after Russia's aggressive hike in interest rates...

  • LONDON, Dec 16- Shares in European companies exposed to Russia fell sharply to lead a broad decline on Tuesday, as the rouble plunged in value and concern grew about the state of the Russian economy. Shares in Raiffeisen Bank International, which relies on Russia for profits, hit a record low after Russia's aggressive hike in interest rates failed to convince...

  • PARIS, Dec 15- European shares tumbled again on Monday, resuming last week's sharp sell-off as the relentless drop in oil prices hurt energy shares and fuelled fears of deflation in the euro zone. "The drop in oil would normally be good news for the European economy, but in this case, it's actually bad news because it seriously raises the risk of deflation," said...

  • Navajos buy back artifacts at Paris auction Monday, 15 Dec 2014 | 11:30 AM ET

    PARIS— Navajo officials spent several hundred thousand euros to buy back seven tribal masks at an auction Monday in Paris— a sale that went ahead despite efforts by the U.S. government to stop it. The U.S. Embassy in Paris asked Drouot to suspend the sale to allow Navajo and Hopi representatives to determine where they came from. Jim, a medicine man who traveled to...

  • Novel by Nobel laureate Modiano set for US in 2015 Monday, 15 Dec 2014 | 8:26 AM ET

    NEW YORK— A recent work of fiction by Nobel laureate Patrick Modiano will be published in the U.S. late next year. Houghton Mifflin Harcourt announced Sunday that it has acquired "So You Don't Get Lost in the Neighborhood". The publisher calls it a "haunting novel of suspense" set, like much of Modiano's work, in Paris.

  • France to ban Uber's low-cost service in 2015 Monday, 15 Dec 2014 | 4:19 AM ET

    PARIS— Uber's low-cost ride ride-hailing service will be banned in France from the start of next year, the government said Monday as hundreds of taxi drivers blocked roads around Paris to protest what they claim are its unfair business practices. A new law tightening regulations for chauffeured rides will effectively ban the UberPop service as of Jan. 1, said...

  • LIMA, Dec 15- U.N. climate negotiations wrapped up in Lima on Sunday with a modest agreement about the building blocks of a deal due to be agreed on in Paris in a year's time. All nations will be asked to submit plans for curbing greenhouse gas emissions, known as "Intended Nationally Determined Contributions," or INDCs, to the United Nations by an informal deadline of...

  • *BOJ tankan highlights uneven progress of Japan stimulus. TOKYO, Dec 15- The yen climbed against the dollar and euro in extremely choppy trading on Monday, as investors took their cues from slumping Japanese shares and rising risk aversion. Japan's Nikkei stock average was down 1.3 percent in afternoon trade.

  • *BOJ tankan highlights uneven progress of Japan stimulus. TOKYO, Dec 15- The dollar quivered in choppy trading against the yen on Monday as oil prices continued to sink on a weak outlook for global demand, while risk aversion pressured U.S. It remained above a two-week low of 117.44 yen touched last Thursday, and a considerable distance away from a seven-year high...

  • FOREX-Yen gains as Nikkei sags after Japan election Sunday, 14 Dec 2014 | 7:16 PM ET

    *BOJ tankan highlights uneven progress of Japan stimulus. TOKYO, Dec 15- The yen gained early on Monday after stocks sagged following a big victory for Japanese Prime Minister Shinzo Abe's coalition in an election on Sunday, while oil prices continued to sink on a weak outlook for global demand. On Friday, the Paris- based International Energy Agency cut its...

  • *Any attempt at "re-set" with Russia could divide EU. *Mogherini to visit Ukraine, could go to Russia. Her resolve is about to be tested as the bloc debates whether it is time to mend its relationship with Russia.

  • PARIS, Dec 14- The first thing one sees on entering Guerlain's perfume shop in Paris' Champs Elysees is the French brand's exclusive collection- Les Parisiennes- which costs 200 euros a bottle and is sold only in a few dozen shops around the world. Niche brands take up increasingly more shelf space at upmarket department stores such as Harrods in London, Printemps...

  • Under the Lima deal, governments will submit national plans for reining in greenhouse gas emissions by an informal deadline of March 31, 2015 to form the basis of a global agreement due at a summit in Paris in a year's time. The texts, breaking deadlock among weary delegates almost two days into overtime after two weeks of talks, appeased developing countries led...