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  • *Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight in what officials said may be the Mediterranean's worst disaster as thousands flee poverty and war to Europe. Only last week, around 400 migrants were reported to have died...

  • WASHINGTON, April 17- India's surprise decision to agree to phase-down the use of a potent greenhouse gas after years of opposition is a "significant step" toward global action to address climate change, the U.S. State Department's climate change envoy said Friday. India on Thursday proposed an amendment to the United Nations' Montreal Protocol, which calls on...

  • PARIS, April 17- Airbus sees continued strength in the aircraft market and may be able to increase production of its most popular jets beyond their planned rates if that trend continues, the head of the European planemaker said on Friday. Fabrice Bregier, chief executive of the plane making unit of Airbus Group, said he believed Airbus would eventually recapture...

  • *Bollore cautions deal-making will take time, prudence. PARIS, April 17- Vivendi's chairman and main shareholder Vincent Bollore won double voting rights at the company's annual shareholders' meeting on Friday after opponents failed to get support for their motion to keep a one-share-one-vote structure. Bollore, a billionaire who made his name as a corporate...

  • LONDON, April 17- The prospect of deeper interest rate cuts took Russia's rouble more than 2 percent lower on Friday, knocking it off 4-1/ 2- month highs against the dollar, while Russian equity markets also slipped. "The rouble has appreciated so much recently that from the point of view of the central bank and government it makes sense to try and cap it so as not to...

  • LONDON, April 16- Bosses from more than forty global companies called on negotiators to agree a United Nations climate change deal in Paris in December and pledged to make their own emission cuts, they said in an open letter published on Thursday. The letter is designed to put pressure on government officials ahead of a spring meeting of a World Bank group in...

  • China's DJI drones flying high among U.S. companies Thursday, 16 Apr 2015 | 5:18 PM ET

    WASHINGTON, April 16- Chinese drone maker SZ DJI Technology Co Ltd has established a strong early lead in the U.S. commercial market as companies turn to its inexpensive, light-weight flying devices for a host of uses from shooting films to mapping and site inspections. Shenzhen- based DJI, whose best-selling Phantom 2 Vision+ drone retails for around $1,200 in...

  • *Alliance with Nissan at stake, Renault warns. In a board statement, the carmaker said the Renault-Nissan alliance's "survival and success" required the restoration of the previous balance between France and Nissan- which holds a non-voting 15 percent stake in Renault. Measures to rebalance the alliance in Nissan's favor have been considered in the past-...

  • LONDON, April 16- European equities retreated from 14- year highs on Thursday, led lower by shares in French retailer Casino, which reported slower sales growth, and Pearson, on a report that one of its educational technology projects was in trouble. Casino's stock dropped 4.6 percent after Societe Generale and Natixis cut their target prices, and Pearson fell 4...

  • LONDON, April 16- Britain's Serious Fraud Office charged a UK subsidiary of Paris- listed French engineering group Alstom with four further criminal offences of corruption and conspiracy to corrupt in a drawn-out investigation that has swung to Hungary. The SFO, which has already charged two UK- based Alstom units and four former employees with alleged...

  • LONDON, April 16- European equities were led lower on Wednesday by French retailer Casino, which reported slower sales growth, and Pearson, which fell following troubles with one of its educational technology projects. Casino fell 4.4 percent after Societe Generale and Natixis cut their target prices for the stock a day after it reported slower sales growth.

  • European equities retreat from highs on Greek concerns Thursday, 16 Apr 2015 | 7:23 AM ET

    LONDON, April 16- European equities retreated on Thursday, with growing concerns about Greece's debt situation prompting investors to take some profits after the previous session's 14- year highs. Greece's ATG share index fell 0.8 percent as the Financial Times reported the International Monetary Fund had rebuffed a request from the country to delay loan...

  • Media stocks drag down European equities from highs Thursday, 16 Apr 2015 | 6:31 AM ET

    The STOXX Europe Media index dropped 1.3 percent, the top sectoral decliner, dragged down by a 3.6 percent fall in Pearson after a report saying the Los Angeles Unified School District was seeking a refund from Apple over a bungled $1.3 billion iPad plan with curriculum from Pearson. Around Europe, Britain's FTSE 100 index was down 0.3 percent and Germany's DAX...

  • LONDON, April 16- Euro zone government borrowing costs slid to new lows on Thursday, a day after the European Central Bank pledged to fulfill its 1 trillion euro bond-buying program, although regional stocks took a step back from this week's multi-year peaks. Investors also fretted about the deepening crisis in Greece. Credit rating agency Standard& Poor's...

  • ZURICH, April 16- Swiss cement maker Holcim said on Thursday it expects the first tranche of new shares in its tie-up with France's Lafarge to be listed on exchanges in Zurich and Paris in mid July. In an invitation to shareholders, Holcim proposed increasing share capital through issuing up to 264.237 million fully paid-in registered shares with a par value of 2...

  • Airbus plans exceptional 10 pct buyback, new legal status Wednesday, 15 Apr 2015 | 5:23 PM ET

    PARIS, April 15- Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday. Airbus is also pressing ahead with previously announced plans to adopt " European Company" status. Holding company Airbus Group N.V. would be renamed Airbus Group SE and...

  • LONDON, April 15- At least five merchant vessels carrying food are stuck off Yemen, shipping data showed on Wednesday, as warships from a Saudi-led coalition search them for weapons bound for Iran- allied Houthi rebel forces, with delays adding to a humanitarian crisis. Yemen imports more than 90 percent of its food, including most of its wheat and all its rice, to...

  • STOCKHOLM, April 15- Sweden's Ericsson, the world's biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia's purchase of Alcatel-Lucent. "Global operators have all made the shift to converge fixed and mobile, and now equipment makers will have to follow suit," Alcatel-Lucent...

  • FRANKFURT, April 15- EU accusations that Google is abusing its dominant position in web searching to favour its own sites over rivals' centre on a controversy nearly as old as the Web itself: do shopping comparison sites help consumers to make better choices, or do they simply link to other sites they don't control? But it is complaints by niche e-commerce players...

  • LONDON, April 15- At least five merchant vessels carrying food are stuck off Yemen as warships from a Saudi-led coalition search them for weapons bound for Iran- allied Houthi rebel forces, with delays adding to a humanitarian crisis. Yemen imports more than 90 percent of its food, including most of its wheat and all its rice, to feed a population of 25 million.