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  • *Sanofi struggling to find new CEO in narrow field. PARIS, Jan 30- Barring a last-minute breakthrough, drugs firm Sanofi's Chairman Serge Weinberg may have to acknowledge in his results presentation next week that the hunt for a new chief executive is not going well. Paris- schooled Olivier Bohuon, chief executive of British medical devices maker Smith& Nephew,...

  • *Corn sags on technical selling; exports fail to impress. CHICAGO, Jan 29- Chicago Board of Trade wheat futures rose on Thursday, halting a six-session slide and rebounding from a three-month low after the U.S. Department of Agriculture reported larger-than-expected weekly export sales. Wheat rallied after the USDA reported U.S. export sales in the week ended...

  • Business events scheduled for the coming week Thursday, 29 Jan 2015 | 1:37 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m. Eastern; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m..

  • *Corn sags on technical selling; exports fail to impress. CHICAGO, Jan 29- Chicago Board of Trade wheat futures rose on Thursday, halting a six-session slide and rebounding from a three-month low after the U.S. Agriculture Department reported larger-than-expected weekly export sales. Wheat bounced after the USDA reported U.S. export sales in the week ended Jan....

  • Milan Expo 2015 tightening security after Paris attacks Thursday, 29 Jan 2015 | 10:31 AM ET

    MILAN— Expo 2015 officials have heightened security measures surrounding the world's fair in Milan, which is expected to attract more than 20 million visitors over six months, following the terror attacks in Paris, the event's commissioner said Thursday. "The events in Paris made us focus even more attention on security, but this is work we started a long time ago,"...

  • Timberland sever ties with A.P.C. for using "N-word" Thursday, 29 Jan 2015 | 10:16 AM ET

    PARIS— Singer Carla Bruni, actress Catherine Deneuve and burlesque performer Dita Von Teese were among regulars attending the spectacular displays at Paris' haute couture week Wednesday. Sophie Hunter, the fiancée of Oscar-nominee Benedict Cumberbatch, meanwhile, caused much fracas when she attended Valentino hiding her baby bump. But it was surely Naomi...

  • EU to extend existing Russia sanctions over Ukraine Thursday, 29 Jan 2015 | 8:32 AM ET

    BRUSSELS— The European Union extended by six months an existing set of sanctions against Russian and pro- Russia separatist officials because of the continued fighting in eastern Ukraine and was planning further action, officials said Thursday. The new radical left-wing government in Greece didn't fall immediately in line with plans for further actions...

  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year. Greece, where an anti-austerity prime minister took over on Monday, also kept investors...

  • PARIS/ DUBAI, Jan 29- Total became the first oil major to renew a 40- year onshore concession in Abu Dhabi, putting its peers under pressure to improve terms after the local partner said the French firm made the best offer. The state-run Abu Dhabi National Oil Company signed an agreement on Thursday with Total giving the firm a 10 percent stake in the new concession...

  • PARIS, Jan 29- France and Germany must work more closely together to boost growth in Europe, French Economy Minister Emmanuel Macron said on Thursday, warning of the twin risk of Germany's budget "fetishism" and French inertia. He said it should include joint European debt, an idea long supported by France but rejected by Germany. "The risk in France is inertia,...

  • EU plans to step up fight on online jihadi propaganda Thursday, 29 Jan 2015 | 8:10 AM ET

    Home Affairs Commissioner Dimitris Avramopoulos told reporters in Riga that the EU needs to deepen cooperation with the Internet industry "and to strengthen the commitment of social media platforms in order to reduce illegal content online." Already before this month's shooting massacres carried out by Islamic extremists in Paris, EU officials had been...

  • PARIS/ DUBAI, Jan 29- State-run Abu Dhabi National Oil Company signed an agreement on Thursday with Total giving the French oil major a 10 percent stake in a new 40- year onshore concession to help operate the United Arab Emirates' biggest oilfields. Nine Asian and Western firms had bid for stakes in the Abu Dhabi Company for Onshore Oil Operations concession...

  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- Stocks fell in Europe and Asia and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signaled it was on track to raise interest rates this year. Greece, where a radical leftist prime minister took over on Monday, also kept investors...

  • European shares fall; Vallourec sinks after warning Thursday, 29 Jan 2015 | 4:05 AM ET

    *Vallourec warns of 1- 1.2 bln euro impairment, shares fall 6 pct. Vallourec featured among the top losers, falling 6 percent after the steel pipes maker warned of an impairment charge of 1.0- 1.2 billion euros on the value of its assets, blaming turmoil in the oil market. Also, Vallourec has not impaired anything in the U.S., whereas market conditions are deteriorating...

  • PARIS, Jan 29- Steel pipe maker Vallourec plans to write down the value of its assets by 1- 1.2 billion euros, reflecting a drop in demand from oil company customers following the plunge in crude prices. Vallourec confirmed its June warning that underlying profits would fall by around 10 percent from a year earlier, but said the real concern lay ahead.

  • WASHINGTON, Jan 28- The U.S. Air Force said on Wednesday it would use Boeing Co's commercial 747-8 airliner to replace its current fleet of two Air Force One presidential aircraft, one of the most visible symbols of the United States. Boeing welcomed the Air Force's decision to skip a competition and opt for the 747-8, citing its 50- year history of building...

  • *Sale of assets including stake in Greece's main utility halted. *Greek bank stocks fall 26 pct, Athens index tumbles 9 pct. *Greek minister says Athens against sanctions on Russia.

  • RPT-EU's Moscovici says ready to start work with Greece Wednesday, 28 Jan 2015 | 2:29 PM ET

    PARIS, Jan 28- European Union economics chief Pierre Moscovici said on Wednesday that EU officials were ready to open discussions with Greece over its debt problems and that he did not expect a confrontation with the country's new government. He also said that debt cancellation was not the solution for Greece and that debt commitments must be met.

  • LONDON, Jan 28- British prosecutors are investigating whether subsidiaries of Alstom, the French power and transport company at the centre of an international corruption inquiry, committed offences in Hungary, a London court heard on Wednesday. The Serious Fraud Office has already charged two UK- based Alstom subsidiaries and four former employees with...

  • *Sale of assets including stake in Greece's main utility halted. *Greek minister says Athens against sanctions on Russia. It said it would halt the sale of stakes in the Public Power Corporation of Greece, Greece's biggest utility, and refiner Hellenic Petroleum and put other planned asset sales of motorways, airports and the power grid on ice.