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  • Workers clear 80 percent of debris from Germanwings crash Wednesday, 15 Apr 2015 | 9:11 AM ET

    PARIS— Lufthansa says that cleanup workers have removed 80 percent of the debris from the site of a plane crash last month in the Alps that killed 150 people. Lufthansa representative Carsten Hernig said Wednesday that cleanup teams had cleared 35 tons of waste as of Tuesday. Prosecutors believe that the co-pilot of Flight 9525 intentionally crashed the...

  • SHANGHAI, April 15- Singapore's Flextronics International Ltd is in advanced talks to buy part of the Chinese business of Alcatel-Lucent SA, the French telecoms firm currently being taken over by Nokia Oyj, two people told Reuters. Telecoms equipment makers like Alcatel-Lucent and Finland's Nokia have been grappling with a sector suffering slow growth...

  • *Alcatel shares fall back as Nokia unveils bid details. PARIS, April 15- European stocks rallied on Wednesday, with one regional benchmark hitting a level not seen since late 2000, ahead of a European Central Bank meeting at which the bank is expected to affirm its loose monetary stance. Shares in France's Alcatel-Lucent dropped 13 percent, slipping back from its...

  • Protracted French radio strike shows challenges of reform Wednesday, 15 Apr 2015 | 5:30 AM ET

    PARIS— Unions and the government are nearing agreement on the future of France's national radio company after a 28- day strike that exemplifies the challenges of loosening up labor rules. Radio France chief Mathieu Gallet— very unpopular following media reports last month that the renovation of his office cost 100,000 euros— explained earlier this year that...

  • HELSINKI— Nokia is to buy ailing French telecom company Alcatel-Lucent for around 15.6 billion euros through a public exchange of shares in France and the United States, in a bid that will see the newly created company become a leading global networks operator. Though Alcatel-Lucent has been racking up billions of euros of losses since its creation in 2006,...

  • BOJ must maintain stimulus but with eye on risks-OECD Tuesday, 14 Apr 2015 | 10:00 PM ET

    The global think tank also warned that without a credible plan to rein in its huge public debt, Japan may face a bond market sell-off that could hit banks with huge bond holdings. Aggressive purchases by the BOJ, which now holds a quarter of Japan's government bond market, have kept borrowing costs low but that will not last indefinitely, leaving the country...

  • Quebec Premier Philippe Couillard stressed the urgency of enacting taxes on carbon, creating cap-and-trade systems or using technology to capture or reduce carbon emissions. Nine of Canada's 13 premiers attended a provincial climate change summit in Quebec City that was in preparation for an international conference in Paris in December.

  • French lawmakers OK health care bill targeting anorexia Tuesday, 14 Apr 2015 | 11:45 AM ET

    PARIS— Too-thin models, too much drinking, sexy cigarette packs: France's parliament is cracking down on all of these in a sweeping bill designed to improve public health and trim public health costs— while tackling unhealthy stereotypes along the way. It now goes to the Senate before a final vote back in the assembly. Health Minister Marisol Touraine, the bill's...

  • HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry's two weakest players that is backed by the French government but could pose challenges in cutting costs. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full combination,...

  • A mathematical explanation for hipsters? Tuesday, 14 Apr 2015 | 11:23 AM ET
    Young, stylish hipsters sit on the curb while eating street food on 6th Street in Austin, Texas.

    A French mathematician has come up with his own equation to explain the 'hipster' phenomenon, reports KING 5 News.

  • HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full...

  • UPDATE 2-Nokia in advanced talks to buy Alcatel-Lucent Tuesday, 14 Apr 2015 | 5:09 AM ET

    HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full...

  • Nokia in advanced talks to buy Alcatel-Lucent Tuesday, 14 Apr 2015 | 4:19 AM ET

    HELSINKI— Nokia revealed Tuesday it's in advanced talks to buy the ailing French telecoms company Alcatel-Lucent, an apparent bid to become a leading global networks operator. In a brief statement, Nokia Corp. said the two companies are in negotiations "with respect to a potential full combination which would take the form of a public exchange offer by Nokia...

  • UPDATE 1-Nokia says in talks to buy Alcatel-Lucent Tuesday, 14 Apr 2015 | 3:51 AM ET

    HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy Alcatel-Lucent, a deal that could create a European telecoms equipment group worth over 40 billion euros, and cut costs at two of the industry's weaker players. Nevertheless shares in Alcatel, a group worth about 11 billion euros based on Monday's closing share price, rose 14 percent on Tuesday morning.

  • DUBAI, April 14- Middle East sovereign wealth funds cut their new investments in real estate in the rest of the world by almost a third last year because of the plunge of oil prices, consultants CBRE estimated. Outbound property investment by the SWFs, the vast majority of which are from the wealthy Gulf Arab oil exporters, dropped 31 percent to $5.84 billion in 2014...

  • Alcatel and Nokia declined to comment. Bloomberg reported later on Monday that the companies had examined a full takeover of Paris- based telecom equipment maker Alcatel, but that Nokia was more likely to buy the wireless business. The newspaper added that any deal would be closely watched by French politicians, as Alcatel was considered a strategic business.

  • *Corn follows wheat lower; U.S. planting 2 pct complete. CHICAGO, April 13- Chicago Board of Trade wheat futures fell more than 4 percent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles.

  • PARIS, April 13- Finland's Nokia Oyj is close to a deal to buy Alcatel-Lucent's mobile networks business to boost its core business, especially in the United States and China, Les Echos newspaper reported on Monday. Alcatel and Nokia declined to comment. Bloomberg reported on Monday that the companies had examined a full takeover of Paris- based Alcatel, but that...

  • BRUSSELS, April 12- Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support. "This step would save Greece's budget billions of euros, while reforming the Troika arrangement, eliminating the IMF's and the ECB's...

  • *Corn lower in sympathy with wheat. CHICAGO, April 13- Chicago Board of Trade wheat futures fell nearly 4 percent on Monday to the lowest in two weeks as timely rains across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat down, while soybeans were lower in choppy trade.