Iran will try to persuade Saudi Arabia to cut oil production when ministers from the two OPEC members meet this week, Mehr news agency reported.» Read More
GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.
*Infineon says $40 per share offer for U.S. firm is all-cash. FRANKFURT, Aug 20- Merger-shy German chipmaker Infineon has agreed to buy Silicon Valley-based International Rectifier for about $3 billion in cash, Infineon said on Wednesday, in its biggest-ever acquisition.
SINGAPORE, Aug 20- Previously ranked as Asia's top diesel importer, now No.3 Indonesia is expected to take a third less of the fuel this year as demand from mining falters and biodiesel use in transport and industry grows with a mandate implemented in January.
Aug 19- Google Inc is considering allowing online accounts for children under the age of 13 and give their parents control over how the service is used, according to media reports. Internet companies such as Google and Facebook Inc do not offer their services to children under 13, but it is tough to catch users who sign up by providing false information.
SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.
LONDON/ MOSCOW, Aug 17- People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnshire man, a trader in fruit and vegetables, is heading there this week for the potatoes. Since Russia barred imports of food from most of the rest of Europe, businesses are jostling for new buyers and sellers.
BRUSSELS/ LONDON, Aug 11- European Union regulators on Monday began analysing product-by-product the impact of a Russian ban on EU food imports and agreed emergency measures to support peach and nectarine growers in what they described as a "signal of intent".
BRUSSELS, Aug 11- European Union regulators on Monday began analysing product-by-product the impact of a Russian ban on EU food imports announced in retaliation for Western sanctions over Moscow's actions in Ukraine.
BAGHDAD/ WASHINGTON, Aug 8- U.S. warplanes bombed Islamist fighters marching on Iraq's Kurdish capital on Friday after President Barack Obama said Washington must act to prevent "genocide".
BAGHDAD/ WASHINGTON, Aug 8- U.S. warplanes struck Iraq on Friday for the first time since American troops pulled out in 2011, attacking Islamist fighters advancing towards the Kurdish region after President Barack Obama said Washington must act to prevent "genocide".
LONDON, Aug 7- In the face of sanctions that have frozen international lending to Russia, a small group of European banks are trying to refinance existing loans to big companies there in order to protect their business. Bank Austria, the central and eastern Europe arm of Italian bank UniCredit, said this week it expects to keep making solid profits in Russia.
VIENNA, Aug 6- Data protection activists challenging Facebook in a Vienna court said on Wednesday they had closed the list of plaintiffs after 25,000 people joined a campaign alleging that the social media giant had violated users' privacy.
*ECB debates how to implement sanctions against Russia. *ECB Governing Council to discuss issue on Thursday. FRANKFURT, Aug 6- Major Russian banks active in the euro zone could face caps or even exclusion from borrowing from the European Central Bank as it examines how European sanctions against Moscow affect its operations.
Austria’s finance minister admitted he could not understand the reasoning behind Standard and Poor's' warning about the country’s banks.
Oil sitting comfortably over $100 a barrel leaves OPEC ministers with an easy task to leave output steady at their meeting.
Claus Raidl, president of the Austrian Central Bank, says Russia is still a good market for Austrian banks despite the political tensions over the past few months.
Of the half a trillion dollars held by Russians outside the country, roughly two-thirds is held in accounts in just three countries.
Claus J. Raidl, president of National Bank of Austria, discusses the results of the Austrian elections after the ruling coalition lost votes to the anti-euro right wing opposition.
Claus Raidl, president of the Central Bank of Austria, tells CNBC that it¿s positively not the case that Austria is going down the drain and these accusations are just the product of an electoral campaign.
The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.