Bank ratings do not show the impact of the slowdown in emerging economies or the more sustained recovery in developed countries. Europe still leads the list of the world's safest banks.» Read More
The Dutch government's announcement in its budget for next year was a boost for Lockheed Martin and Washington, which had urged the Netherlands in April not to turn to other suppliers because of fears of rising costs in a project that has been blighted by technical faults and delays.
LONDON, Sept 17- Power prices in Europe have diverged further this year than at any time since markets were linked three years ago, showing how interconnector capacity is failing to keep up with expanding German wind and solar generation.
WASHINGTON, Sept 17- U.S. government officials have briefed the Belgian government about the capabilities of the Lockheed Martin Corp F-35 fighter jet, as Brussels prepares to replace its aging fleet of 60 F-16s, a source familiar with the matter told Reuters.
ADDIS ABABA, Sept 17- When global drinks giant Diageo bought a brewery in Ethiopia, it paid a premium for a stake in a barely tapped African market that in the 1980 s had spectacularly failed to feed its own population.
**MICROSOFT CORP, Monday close $32.80, up 2 pct premarket. The new share repurchase program, which has no expiration date, replaces a $40 billion buyback program that was set to expire on Sept. 30. **KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market.
**KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market. Over 1,000 patients from the United States and Canada were enrolled in two late-stage studies for evaluating the drug against a placebo, Kythera said. **AGENUS INC Monday close $2.74, up 24 pct premarket.
**KYTHERA BIOPHARMACEUTICALS INC, Monday close $33.53, up 19.4 pct after market. **NOKIA, Monday close $6.24, down 1 pct premarket. Nokia has delayed the launch of a large-screen "phablet" device, originally planned for late September, following a deal to sell its handset business and license patents to Microsoft, a source said on Monday.
AMSTERDAM, Sept 17- Philips raised most of its financial targets and announced plans to return 1.5 billion euros to shareholders, saying it would reap the benefits of a two-year revamp to focus on healthcare, lighting and consumer appliances.
*Costs seen coming down from Pentagon projections. The decision is a boost for Lockheed Martin and Washington, which had urged the Netherlands in April not to turn to other suppliers because of fears of rising costs in a project that has been blighted by technical faults and delays.
AMSTERDAM, Sept 17- Philips, the Dutch healthcare, lighting and consumer appliances group, raised most of its financial targets on Tuesday after two years of job cuts, divestments, and a focus on core activities turned around performance.
LONDON, Sept 13- Will top bankers' behaviour ever land them in jail? Even as laws evolve- in Britain, the government wants to criminalise recklessness in banking- a repeat of the global financial crisis and near-collapses of 2008 would not necessarily result in many more prosecutions today, lawyers say.
*Blueprint comes as sector in Europe faces falling revenues. BRUSSELS, Sept 10- The European Union Commission has approved a plan to spur investment in communications networks and create a single market for telecoms services despite concerns that some parts may favour big operators, two officials said on Tuesday.
*Proceedings will test stability in Kenya and region. THE HAGUE/ NAIROBI Sept 10- Kenya's deputy president played a key role in the post-election bloodbath that engulfed Kenya in early 2008, the International Criminal Court's prosecutor told judges at the opening of his trial on Tuesday.
LONDON, Sept 10- U.S. regulatory scrutiny, lawsuits and proposed changes to metal storage practices have brought relief for buyers of aluminium as costs paid to secure material from warehouses have fallen some 20 percent since late June, industry sources say.
*Proceedings will test stability in Kenya and region. THE HAGUE/ NAIROBI Sept 10- Kenya's Deputy President William Ruto pleaded not guilty to crimes against humanity charges at the International Criminal Court on Tuesday, while back home Kenyans feared the case could reignite political violence they have struggled to overcome.
*Kenya role as West's ally against militant Islam at stake. NAIROBI, Sept 9- Kenya's president said it could be forced to halt cooperation with the International Criminal Court if it requires both him and his deputy- both charged with crimes against humanity- to attend hearings in The Hague at the same time.
ELDORET, Kenya, Sept 8- The approaching trials of Kenya's president and his deputy in The Hague are worrying the upland communities that were rent apart by a post-election bloodbath more than five years ago, violence the two men are accused of orchestrating.
* "Click and collect" boosts grocery online in France. BERLIN/ PARIS, Sept 6- European retailers have gone back to bricks and mortar in the hope of turning their online food businesses profitable- racing to build pick-up points to capitalise on shoppers' increasing demand for "click and collect" grocery options.
AMSTERDAM/ NAIROBI, Sept 5- The International Criminal Court's cases against Kenya's president and deputy will go ahead, the prosecutor said on Thursday in a statement released hours before the Kenyan parliament votes on withdrawing from the court's jurisdiction.
*YouGov survey shows Germans back many AfD policies. BERLIN, Sept 4- Support for a new anti-euro party has risen to a record high of 4 percent weeks before Germany holds an election, raising the possibility it could win seats in parliament and hurt Angela Merkel's chances of forming another centre-right coalition.