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  • Strong European currencies eat into company profits Thursday, 17 Apr 2014 | 9:42 AM ET

    *Others want European Central Bank to act. Some of Europe's largest companies including Danone, SAP AG and L'Oreal have posted buoyant first-quarter sales volumes in the past week thanks largely to strong demand in emerging markets such as Brazil and in North America.

  • LONDON, April 17- Drugmaker GlaxoSmithKline- hit by bribery claims in five countries- is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp marketing practices.

  • *FTSEurofirst 300 falls 0.3 pct, Euro STOXX 50 down 0.4 pct. *Remy Cointreau, Diageo report weak China demand. LONDON, April 17- European shares edged lower on Thursday, weighed down by companies reporting earnings that were knocked by currency effects and weak demand from China, confirming a poor start to the earnings season in Europe.

  • LONDON, April 17- Investors would be able to make a more accurate assessment of how well banks manage risks on their books under proposals published by the International Accounting Standards Board on Thursday.

  • *Remy Cointreau, Diageo report weak China demand. LONDON, April 17- European shares edged lower on Thursday, weighed down by weakness in luxury drinks after a crackdown on gift giving in China knocked beverage company earnings, in quiet trade ahead of a public holiday. Weakness in Asia also affected Diageo.

  • China factories face new challenge as growth slows Thursday, 17 Apr 2014 | 4:05 AM ET

    HONG KONG— As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper. Caught in the middle are companies like Linan Meite, which sells shipping-container loads of electronics cable to customers in Europe and North and South America.

  • PARIS, April 17- Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pickup is failing to halt a price war. PSA Peugeot Citroen saw its European sales volume rise in line with the market last month and for the first quarter overall.

  • Car sales upturn fails to halt European price war Thursday, 17 Apr 2014 | 2:09 AM ET

    PARIS, April 17- Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but confidential industry surveys show the price war is raging on.

  • TOKYO, April 17- U.S. crude futures edged higher to trade just below $104 a barrel in early trade on Thursday, as rising geopolitical tensions over Russia's involvement in the crisis in Ukraine overshadowed a rise in U.S. oil inventories. *U.S. crude for May delivery was up 14 cents at $103.90 per barrel by 0009 GMT, after finishing 1 cent higher on Wednesday.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. April 16- Brent crude rose toward $110 a barrel on Wednesday on mounting tensions in Ukraine, while prices for U.S. oil were nearly unchanged after a report showed a huge build in stockpiles, which canceled out geopolitical concerns.

  • PARIS, April 16- French food group Danone reported a slowdown in first-quarter sales growth on Wednesday, as sales volumes at its core dairy division were hit by the company passing on higher milk prices and sales in the baby food business also fell, though less sharply than feared.

  • Former Anglo Irish Bank chairman cleared of fraud Wednesday, 16 Apr 2014 | 12:50 PM ET

    LONDON— A jury Wednesday cleared former Anglo Irish Bank chairman Sean FitzPatrick of all fraud charges related to a loans-for-shares scheme that preceded the bank's 2009 collapse.

  • *Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.

  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • PARIS, April 16- French food group Danone reported a slowdown in first-quarter sales growth on Wednesday, as sales volumes at its core dairy division were hit by the company passing on higher milk prices and sales in the baby food business also fell, though less sharply than feared.

  • BEIJING/ WASHINGTON, April 16- China rejected on Wednesday a warning from the Obama administration that its currency was too weak, urging the United States to recognise that China aims to "perfect and regulate" the exchange rate system.

  • *Nikkei leads the way, encouraged by late rally on Wall St. *UK, euro zone data in focus, Ukraine tensions simmer. LONDON, April 16- Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.

  • ZURICH, April 16- Syngenta AG, the world's largest maker of crop chemicals, expects weak emerging markets currencies to have a bigger hit on full-year earnings than previously assumed, it said on Wednesday, as it posted higher first-quarter sales.

  • KRAMATORSK/SLAVIANSK, Ukraine, April 15- U krainian forces launched a "special operation" on Tuesday against separatist militia in the Russian-speaking east, authorities said, although aside from a landing by airborne troops the action was limited.

  • *Lukoil sells around 30,000 bpd of oil production. MOSCOW, April 15- China further strengthened its position in oil-rich Kazakhstan on Tuesday with its state firm Sinopec paying $1.2 billion to buy out Russia's No.2 oil producer Lukoil from a venture there.

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Wednesday, 16 Apr 2014 | 12:00 AM ET

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