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  • Europe close: Bundestag backs Greek extension  Friday, 27 Feb 2015 | 11:27 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a vote in favor of the 4-month extension on the Greek debt by the German Bundestag.

  • Business events scheduled for the coming month Friday, 27 Feb 2015 | 11:24 AM ET

    WASHINGTON— Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department...

  • BERLIN— The U.N.' s independent expert on freedom of speech has praised the U.S. Federal Communications Commission for voting to enforce "net neutrality" rules for the broadband industry. David Kaye says Thursday's decision was "a real victory for freedom of expression and access to information in the United States." In a statement Friday, Kaye said he hoped the...

  • Volkswagen profits up 20 percent for full year Friday, 27 Feb 2015 | 9:41 AM ET

    Volkswagen warned that economic trends in Latin America and Eastern Europe could affect its commercial vehicles and power engineering businesses. Russia's economy appears headed for recession after a sharp drop in the ruble and its recent conflict with Ukraine has undermined business confidence in Eastern Europe. Chief Financial Officer Hans Dieter...

  • *Greece faces 1.5 bln euro debt payment to IMF in March. *Pressure on Athens to quickly complete bailout review for aid. BRUSSELS/ ATHENS, Feb 27- Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks.

  • BERLIN— People who use personal audio players should consider limiting their use to one hour a day and turn down the volume to prevent permanent hearing loss, the World Health Organization said Friday. The U.N. agency said young people are particularly at risk. with data from middle- and high-income countries showing that almost half of all 12- to 35- year-olds...

  • *FY operating earnings before one-offs up 54 pct to 4 bln euros. *Takes 551 mln euros charge due to A400M delays. MUNICH, Feb 27- Airbus Group defied warnings of a slowdown in the jetliner market with a steep production boost for its top-selling A320 and announced its biggest ever dividend.

  • *Debate reflects breakdown in German trust in Greece. With Finance Minister Wolfgang Schaeuble promising not to let Greece "blackmail" its euro zone partners, 542 members of the Bundestag voted "yes" to the extension, while 32 opposed it and 13 abstained. The broader German population also grown more sceptical since Prime Minister Alexis Tsipras took power last...

  • BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners. "We Germans should do everything to keep Europe together as far as we can and bring it together again and...

  • BERLIN— German Parliament approves four-month extension to Greece's financial bailout.

  • BERLIN, Feb 27- German Finance Minister Wolfgang Schaeuble urged parliament on Friday to take what he acknowledged was a difficult decision and approve an extension of Greece's bailout, assuring them Athens would not be allowed to "blackmail" its euro zone partners. The 72- year-old minister, who has repeatedly voiced his own doubts about whether the new...

  • Greek ideas are 'unsettling' German business  Friday, 27 Feb 2015 | 2:50 AM ET

    Markus Kerber. director general of the BDI, says the Greek debt saga has not caused business turmoil, but adds that he is worried about the "unsettling" ideas coming from the new government.

  • BERLIN— Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout on Friday, despite unease over the new government in Athens. Greece was granted the extension by its European creditors, ensuring it remains solvent and does not run the risk of falling out of the euro, but only in exchange for a commitment to budget...

  • Michael Fuchs, a senior member of Chancellor Angela Merkel's CDU party, says the way in which Greek finance minister Yanis Varoufakis handled the negotiations over the country's loan extension was "insulting" to Merkel.

  • *Germany's DAX share index sets new record high. *Royal Bank of Scotland falls after reporting losses. Germany's DAX set a new life-time high, the pan-European FTSEurofirst 300 and the broader STOXX 600 share indexes climbed to their highest level in more than seven years, and France's CAC touched its highest level since mid-2008.

  • European markets close: Record low German unemployment  Thursday, 26 Feb 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a record low number for German unemployment and heavy restructuring at RBS.

  • 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...

  • *Porsche still faces other damage claims in Germany. Two dozen hedge funds, including Viking Global Investors, Glenhill Capital and Greenlight Capital, a year ago accused investment company Porsche SE of camouflaging a plan to acquire Volkswagen and secretly piling up a holding in Europe's largest automaker during 2008.. The case combining 1.36 billion...

  • BERLIN— Greece's four-month bailout extension should get wide, if unenthusiastic, support in the German Parliament after a large majority of lawmakers in Chancellor Angela Merkel's conservative bloc signaled their backing on Thursday. Key creditor Germany has advocated unpopular spending cuts and insisted that aid must come with strings attached.

  • The Federation of German Consumer Organizations said it has sent a cease-and-desist letter to Facebook's European headquarters in Ireland. The California- based company has faced regular legal challenges from privacy advocates in Europe. Facebook told The Associated Press in an emailed statement it was reviewing the complaint, but was surprised that it "...