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  • AMSTERDAM, May 27- Airbus Group ended the suspense over the future of its chief executive on Wednesday, saying its board had asked German-born Tom Enders to serve for at least one more term after his mandate expires in 2016.. Airbus Group, whose shareholders include the Spanish, French and German governments, was due to ask shareholders to approve the appointment...

  • *Germany, Japan at forefront of opposition. BARCELONA, May 27- The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a U.N. conference in Paris, officials and campaigners say. One European Union official, speaking on condition of anonymity,...

  • Airbus faces tensions over Spanish board appointment Wednesday, 27 May 2015 | 3:16 AM ET

    AMSTERDAM, May 27- Airbus Group faces a tussle with the Spanish government over the choice of a new board member at its annual shareholder meeting on Wednesday, in a new test of efforts by Europe's largest aerospace company to assert political independence. Airbus Group, whose shareholders include the Spanish, French and German governments, will ask...

  • DIARY- Top Economic Events to June 9 Wednesday, 27 May 2015 | 12:01 AM ET

    Treasury Secretary Jack Lew will participate in a moderated conversation at the London School of Economics and Political Science- 0945 GMT. LONDON- Bank of England's Sarah Breeden: CSFI Roundtable on Bank of England's Procyclicality Working Group SEOUL- Former Federal Reserve Chairman Ben Bernanke to attend a financial forum hosted by Dong-A Ilbo and...

  • PARIS— The world's No. 1 luxury goods company LVMH is in talks to buy respected French newspaper Le Parisien, a purchase that would complement its other media holding, the financial daily Les Echos. A statement issued on Tuesday by LVMH said that it was in exclusive negotiations with the Amaury Group which owns the daily Le Parisien and its sister paper...

  • *Pilots, avoiding storm clouds, flew towards Mount Cameroun. PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short...

  • BERLIN, May 26- Germany and France have agreed plans to strengthen cooperation among euro zone countries without changing existing EU treaties, in a potential setback for British Prime Minister David Cameron as he holds key meetings this week with both countries' leaders. The blueprint would bolster the 19- nation euro zone, of which Britain is not a member, by...

  • EU wheat hit by Chicago slump, euro underpins Tuesday, 26 May 2015 | 1:21 PM ET

    A corresponding drop in the euro, however, helped keep losses in Europe more restrained than in Chicago. December milling wheat, the new-crop benchmark and most active contract on Euronext, settled 1.50 euros or 0.8 percent lower at 182.50 euros a tonne. "If tonight's U.S. crop progress report does not raise any fresh concerns, the pullback has every chance of...

  • PARIS, May 25- The number of cases of bird flu in the United States has started to decline and the epidemic is likely to be over within a couple of months, helped by warm weather in the summer, the U.S. chief veterinary officer said on Tuesday. "We believe the worst is behind us, which doesn't mean that we still won't see additional cases but we know we see a decline in cases,"...

  • PARIS— France's lower house of parliament has approved a bill aimed at boosting renewable energy and reducing the country's reliance on nuclear power, among other environment-friendly measures. The bill pushed by Ecology Minister Segolene Royal was approved Tuesday by the National Assembly, the lower house of parliament, with 308 votes for and 217 against.

  • PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short evening trip from Malabo, the capital of Equatorial Guinea,...

  • LONDON, May 24- For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. The second-year engineering student from Balliol College is not alone. Norway's $900 billion sovereign wealth fund and the Church of England are among recent...

  • PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short trip from Malabo, the capital of Equatorial Guinea, to...

  • Senior officials from almost 200 nations will meet from Nov. 30 to Dec. 11 in Paris to try to rise above the collapse of the last global climate-change conference in Copenhagen in 2009 and nail down an elusive final agreement. "All the governments stress that they want to find an accord in Paris, but the questions remain complicated and getting a consensus between...

  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • DUBLIN— Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros, 66 percent higher than the year before. Ryanair unveiled a target for the fiscal year 2016 of between 940 million euros and 970 million euros. Many analysts said they expected Ryanair to beat that forecast, potentially breaching...

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • May 25- Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a...

  • Air France flight 22, traveling from Charles de Gaulle Airport, landed safely in New York, officials said. The anonymous threat came in a telephone call to a Maryland State Police barracks on Monday morning, and the caller made a bomb threat involving commercial aviation, Maryland State Police said. The plane was cleared in New York with no incidents or hazards...

  • NEW YORK, May 25- An Air France flight from Paris was escorted by two U.S. Flight 22 from Charles de Gaulle Airport landed safely in New York, an airport official said. Air Force F-15 fighters were launched as precautionary measure to monitor the flight as it returned to New York, said Navy Lieutenant Commander Richlyn Ivey, a spokeswoman for U.S.