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  • 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.

  • 4 ways a surging dollar rattles world economies, markets Wednesday, 15 Apr 2015 | 11:28 AM ET

    WASHINGTON— The U.S. dollar hasn't been on a roll like this since Ronald Reagan sat in the White House and "Raiders of the Lost Ark" ruled the box office. Delta Air Lines said Wednesday that the strong dollar is hurting ticket sales in some foreign markets and announced plans to pull back international service, primarily in Japan, Brazil, India, Africa and the Middle...

  • 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.