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  • *Athens makes 200 mln euro interest payment to IMF. ATHENS/ FRANKFURT, May 6- European lenders on Wednesday dashed Greece's hopes for a quick cash-for-reforms deal in the coming days, leaving Athens in an increasingly desperate financial position ahead of a major debt payment next week. Talks between the two sides have dragged on for months without a...

  • *EU says won't discuss debt relief till Greece agrees reforms. *Greece says EU/IMF policy differences hamper talks. ATHENS/ BRUSSELS, May 5- Greece blew hot and cold with its euro zone partners on Tuesday as it struggled to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.

  • Tips for visiting Milan Expo, from dining to weather Tuesday, 5 May 2015 | 12:21 PM ET

    Nearly every one of the more than 50 national pavilions has a restaurant featuring that country's specialties— from Russia to Morocco, Iran to Brazil, Japan to Argentina. A temporary James Beard American Restaurant will open shortly in central Milan, offering uniquely American fare like Thanksgiving dinner and a Gospel brunch. The service area concession is...

  • BRUSSELS, May 5- The European Commission has approved a joint venture between Mondelez International and D.E Master Blenders to create the world's biggest standalone coffee company on condition they sell some businesses first. The EU executive said on Tuesday that Mondelez of the United States must sell its Carte Noire business across the European...

  • NEW YORK— A painting Vincent van Gogh created while briefly working side by side with his friend Paul Gauguin in the south of France brought in $66.3 million at auction Tuesday. The autumnal scene was painted in 1888 during a two-month period when van Gogh and Gauguin worked together in Arles, France. The highlight was "Water Lilies," a 1905 version of his beloved...

  • BRUSSELS, May 5- The European Commission said on Tuesday it had approved a joint venture between two of the world's biggest coffee processors, Mondelez International of the United States and Dutch firm DE Master Blenders, conditional on asset sales. A spokeswoman for DE Master Blenders declined to comment, and officials at Mondelez were not immediately...

  • *Greek ministers visit Frankfurt, Brussels, Paris. ATHENS/ BRUSSELS, May 5- Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up. Ministers were travelling to Frankfurt, Brussels and Paris to plead for a loosening of...

  • A lasting deal to give Greece more cash, however, wasn't expected by May 11, when the eurozone finance ministers will meet next. In the meantime, Greece will have to scrounge for cash to make a 750 million-euro repayment to the International Monetary Fund the following day. "That is the signal that everyone is waiting for, both in Greece and by its partners."

  • Italian fashion welcomes Expo   Sunday, 3 May 2015 | 7:00 PM ET
    A giant poster is seen in the window of a Prada SpA store in Berlin, Germany.

    Some of Italy's biggest luxury brands are hoping for a big boost in business because of the World Expo. CNBC's Phil Han reports from Milan.

  • ROME— Thousands of Milan residents, led by Mayor Giuliano Pisapia, have marched through Italy's financial capital to protest violence that left much of downtown trashed on May Day. Hundreds of the marchers on Sunday also removed graffiti and helped repair other damage wreaked by protesters who rampaged through downtown two days earlier while VIPs were...

  • Berlusconi met Bee for the second time this week but a statement from Fininvest dismissed growing media speculation in recent months that he could sell a majority stake in Milan, one of Italy's most glamorous clubs. Italian media reports said Bee was offering 500 million euros for a 51 percent stake in Milan, aiming to join a series of other foreign tycoons who...

  • Milan rioters smash shops, throw smoke bombs Friday, 1 May 2015 | 11:56 AM ET

    Milan has been waiting since 2008 for this day and now it has finally come—but takeoff for the World Expo 2015 looks to be overshadowed by violent protests.

  • European markets close & protests in Milan   Friday, 1 May 2015 | 11:31 AM ET
    European markets close & protests in Milan

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the United Kingdom general election and debt negotiations in Greece.

  • UPDATE 3-Clashes overshadow start of Milan Expo Friday, 1 May 2015 | 11:25 AM ET

    *Expo 2015 seen as showcase for Italy. Thick clouds of smoke from burning cars filled parts of the centre of Milan as groups of protesters, their faces masked against the fumes, threw stones and faced off against lines of police in riot gear. "Today it is as though Italy is embracing the world," he said at the opening, which featured a fly-past by jets trailing the colours...

  • MILAN— Dozens of people are protesting the opening of Milan's Expo 2015, torching parked cars, smashing bank and store windows and clashing with riot police far from the world's fair sprawling grounds. Protesters split off from a generally non-violent march Friday, a few hours after Italian Premier Matteo Renzi inaugurated Expo, which runs through October...

  • Has Italy wasted this billion-dollar opportunity? Friday, 1 May 2015 | 3:00 AM ET
    Students protest against the Milan Expo

    As the six-month-long Milan Expo gets under way, we take a look at what it is, how much it cost and why not everyone’s happy about it.

  • North Korea stepped out of its isolation as a last-minute participant, and there are signs that Turkey may use the occasion to reach out to the Vatican weeks after it recalled its ambassador to the Holy See over the pope describing the slaughter of Armenians by Ottoman Turks as genocide. A violent protest Friday, however, left torched cars, smashed bank and shop...

  • MILAN— Milan's Expo 2015 world's fair has heady ambitions, the biggest of which is to devise a plan to feed the planet as it brings together 145 nations to focus on food and nutrition. The Italian government, which has invested 1.3 billion euros in it, wants the fair to help push Italy out of its economic doldrums. Milan has undergone an intensive urban renewal in...

  • European markets close: Eurozone bonds raise eyebrows   Thursday, 30 Apr 2015 | 11:31 AM ET
    European markets close: Eurozone bonds raise eyebrows

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Spanish Q1 GDP growth.

  • Shares in Finnish firm Nokia fell 8.2 percent after it posted quarterly profits well below forecast at its main telecom network equipment business, citing lower software sales, higher costs and challenging conditions in Europe and Latin America. "It came as a surprise to many because Nokia's business mix was supposed to be a bit better than this," Evli Bank...