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  • European stocks set new multi-year highs, InBev helps Thursday, 26 Feb 2015 | 10:26 AM ET

    *Royal Bank of Scotland fall after reporting losses. LONDON, Feb 26- Major European share indexes climbed to new multi-year highs on Thursday, with the world's largest brewer Anheuser-Busch InBev leading the food and beverages sector higher after announcing a sharply higher dividend and a share buyback plan. Belgium- based InBev rose 3.2 percent after...

  • Journalist to face court after Paris drone incident Thursday, 26 Feb 2015 | 10:21 AM ET

    PARIS— An Al-Jazeera journalist will face court for illegally flying a drone in Paris, amid a spate of drone flyovers that have confounded French authorities amid heightened security concerns. The Paris prosecutor's office says three journalists for Qatar- based broadcaster Al-Jazeera were released Thursday, a day after they were detained.

  • *Allianz drops as dividend hike disappoints. LONDON, Feb 26- European shares rose on Thursday as a rally in metals prices pushed basic resources stocks higher, sending the pan-European FTSEurofirst 300 to a new multi-year high and Germany's DAX to a record peak. The STOXX Europe 600 Basic Resources index rose 1.6 percent, to be the top sectoral gainer, after copper...

  • Feb 26- Google Inc has combined its two European regional divisions as it seeks to meet the challenges of tougher regulation across the continent, a source close to the company said on Thursday. In response, Google has argued that for Europe to remain competitive in global markets, it needs to form a single digital market instead of relying on national...

  • Feb 26- Sanofi's new Toujeo diabetes drug has won U.S. regulatory approval but with wording on its label that analysts say could make marketing difficult. Sanofi shares were 1 percent lower at 88.20 euros by 1029 GMT. Sanofi bought some time with a patent infringement lawsuit filed last year against Eli Lilly and Co to keep a cheaper Lantus generic off the market...

  • VIENNA, Feb 26- France sees itself as a link between Greece and its euro zone peers, Finance Minister Michel Sapin told an Austrian paper, reiterating his call for economic policies that can foster growth and boost ultra-low inflation in Europe. We cannot act as if nothing changed in Greece with the last elections, "he was quoted as saying by Der Standard in an...

  • VIENNA, Feb 26- The euro zone must follow less restrictive economic policies if it wants desired levels of growth and inflation, French Finance Minister Michel Sapin told an Austrian paper, adding talks with the EU on cutting France's budget deficit were "optimal". Asked about the EU giving France more time to meet its deficit target, he said: "I for my part had...

  • ECB could change Greek debt waiver if reforms hold Thursday, 26 Feb 2015 | 1:36 AM ET
    European Central Bank President Mario Draghi talks in Naples, October 2, 2014.

    The ECB is willing to again accept Greek bonds for funding if Athens keeps to reform pledges, its president said.

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. The move contrasts with October, when Venezuela deemed the award a victory for its sovereignty and oil workers were shown on TV celebrating.

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. "Venezuela has filed an application for annulment," the country's lawyer George Kahale told Reuters in an email, adding he didn't know yet when the tribunal was...

  • BRUSSELS, Feb 25- The European Central Bank is willing to again accept Greek bonds for funding if Athens keeps to reform pledges, its president said on Wednesday, defending the euro zone central bank's treatment of Athens. In a sometimes heated exchange with lawmakers in the European Parliament, Mario Draghi said the ECB could reverse an earlier decision that...

  • PARIS, Feb 25- France announced plans for fresh labour reforms on Wednesday, and the European Commission granted it a new two-year delay to meet an EU deficit target but gave Paris three months to do more to revamp its economy and finances or face sanctions. A years-long standoff between Paris and Brussels has seen French leaders repeatedly miss...

  • PARIS/ FRANKFURT, Feb 25- U.S. and British spies are likely to have hacked into SIM card maker Gemalto in an attempt to steal codes that protect the privacy of billions of mobile phone users, the company said, as it sought to downplay the impact and ruled out legal action. "The facts are hard to prove from a legal perspective and... the history of going after a state shows it...

  • French PM wants new labour reform law by summer Wednesday, 25 Feb 2015 | 10:00 AM ET

    PARIS, Feb 25- The French government wants to see new labour rules adopted in parliament by the summer, Prime Minister Manuel Valls said in France's latest effort to boost growth and prove to EU peers it is serious about reform. Under pressure to avoid EU sanctions for its budget slippages, the Socialist government wants to overhaul worker representation rules...

  • It is sponsored by the federal Department of Homeland Security, the FBI and the Federal Emergency Management Agency and is the largest of more than a dozen such exercises held in cities around the country over the last several years, Mayor Steven Fulop said. The location of the conference, at the Goldman Sachs building that dominates the waterfront across the...

  • Health-conscious Chinese challenge Western food firms Wednesday, 25 Feb 2015 | 8:42 AM ET

    *Analysts see nutrition as selling point in China. LONDON/ SHANGHAI, Feb 25- Chen Chen, a 27- year-old financial analyst in Shanghai, has cut back on bottled milky tea in favour of fresh-squeezed juices. Packaged food makers such as Nestle, Danone, PepsiCo and General Mills enjoyed fast growth in China as middle class consumers opted for convenience foods.

  • PARIS/ FRANKFURT, Feb 25- U.S. and British spies probably hacked into the world's biggest maker of phone SIM cards in an attempt to steal codes that protect the privacy of billions of mobile phone users, the company said on Wednesday. The Franco-Dutch firm, Gemalto, was responding to a report on an investigative news website that said the hack allowed the Britain's...

  • PARIS, Feb 25- Talks on the sale of 126 Rafale fighter jets to India are advancing, a French defence ministry spokesman said during a visit to India by Defence Minister Jean-Yves Le Drian to salvage a deal stalled on the issue of local assembly of the aircraft. One major sticking point has been over who would be responsible for the manufacturers' guarantee on 108 of...

  • LONDON, Feb 25- Emerging currencies strengthened versus the dollar on Wednesday and shares rose to 12- week highs, lifted by forecast-beating Chinese factory data and the Federal Reserve signaling it was in no rush to hike interest rates. Activity in China's factory sector edged up to a four-month high in February, while comments from Fed chair Janet Yellen...

  • France to begin arms shipments to Lebanon in April Wednesday, 25 Feb 2015 | 4:01 AM ET

    PARIS— France says it will begin shipping $3 billion worth of weapons paid for by Saudi Arabia to the Lebanese army in April. The Defense Ministry says in a statement Wednesday that the deal, first announced in 2013, will supply French armored vehicles, warships, attack helicopters, munitions and communications gear. The deal aims to boost Lebanon's military as...