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  • BRUSSELS— The European Union has nudged up its forecast for economic growth across the 19- country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts. It said the eurozone as a whole is benefiting from a number of factors, including lower oil prices, a steady global outlook, the...

  • Greek officials lobby EU, ECB for swift loan payout Tuesday, 5 May 2015 | 4:23 AM ET

    PARIS— Greek finance minister Yanis Varoufakis is meeting top European officials in Paris and Brussels as the cash-strapped country seeks the swift release of delayed bailout money that it needs to keep up with its debt payments. He's scheduled to hold talks with European Union Economic Affairs Commissioner Pierre Moscovici in Brussels later in the day.

  • LONDON, May 5- Greek bond yields rose on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns. The warning, reported in the Financial Times to have been made by the IMF's European head, Poul Thomsen, to euro zone finance ministers at their meeting in Riga last month,...

  • ATHENS/ BRUSSELS, May 4- Wide differences over pension and labour reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical. Government spokesman Gabriel Sakellaridis sounded the alarm on Monday,...

  • ATHENS/ BRUSSELS, May 4- Wide differences over pension and labour reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical. Government spokesman Gabriel Sakellaridis sounded the alarm on Monday,...

  • BRUSSELS— A driver for the Uber mobile app taxi service had his car confiscated Monday after a Brussels court said the ride-sharing service does not respect taxi regulations in the Belgian capital. The service, which allows consumers to break free of rigid fare structures criticized as protectionist and inefficient in many major cities, has been banned in...

  • OMAHA, Neb.— Billionaire Warren Buffett says Coca-Cola, Heinz and other companies will respond to people's desire for healthier food, but he predicted demand will remain strong for their traditional products. Buffett appeared on CNBC Monday after spending the weekend answering questions at Berkshire Hathaway's annual meeting. Buffett's Berkshire is the...

  • *China wants relationship with EU to go beyond trade. The outreach is a world away from the low-key approach adopted by Beijing since May 1975, when the first European commissioner went to China to establish ties for the bloc to add to most of its members' bilateral ties. "It is very encouraging that both China and the EU are taking full advantage of the 40th...

  • OMAHA, Neb.— Investor Warren Buffett again defended Berkshire Hathaway's manufactured home unit Monday and praised some of his company's biggest investments. Over the weekend, he answered questions in front of more than 40,000 people at Berkshire Hathaway's annual meeting. Clayton's lending was questioned last month in a story by The Seattle Times and The...

  • Greece to lobby EU, ECB for swift loan payout Monday, 4 May 2015 | 4:11 AM ET

    BRUSSELS— Greece made progress with its creditors over the weekend on how to stave off bankruptcy, official said Monday, despite complaints in Athens that the International Monetary Fund is pushing the cash-strapped country too hard over labor reforms. Officials in Brussels and the Greek capital said negotiations between Greece and the so-called Brussels...

  • LONDON— Ian Robinson, co-owner of a small investment firm in London, is watching Britain's general election this Thursday with unease. A victory for Prime Minister David Cameron's Conservative Party could bring Britain a step closer to leaving the 28- nation European Union, a move many companies fear would cause damage by increasing costs of doing business on...

  • *Buffett defends 3 G cost-cutting, Clayton Homes. OMAHA, Neb., May 2- Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone. "It's not Disneyland, it's Warrenland," said David Rolfe, chief...

  • UPDATE 1-Airbus to file complaint in German spy scandal Thursday, 30 Apr 2015 | 2:03 PM ET

    BERLIN, April 30- Airbus Group said on Thursday it planned to complain to the German authorities over reports that the country's foreign intelligence agency had helped the United States to spy on it and other European firms. "We've asked the government for more information," an Airbus spokesman in Germany said. Earlier, when asked about the reports on a call with...

  • U.S. firms lead EU lobbying league Thursday, 30 Apr 2015 | 1:58 PM ET

    *Tech rivals Microsoft, Google among big lobbiers. BRUSSELS, April 30- U.S. companies, including tech rivals Microsoft and Google, were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed. Oil majors Exxon Mobil of the United States and Anglo-Dutch Shell shared the top spot with Microsoft, with reported spending...

  • UPDATE 1-IMF says next Greek payment to Fund due May 6 Thursday, 30 Apr 2015 | 10:51 AM ET

    WASHINGTON, April 30- Greece's next payment to the International Monetary Fund, totaling some 200 million euros in interest payments, is due May 6 because of the May Day holiday in Greece, an IMF spokesman said on Thursday. He said the Fund did not have a "detailed" assessment of Greece's liquidity situation and hopes to get more information in the course of talks...

  • Greek bailout talks to stretch into weekend Thursday, 30 Apr 2015 | 7:00 AM ET

    The creditors have for three months been trying to get Greece to agree to a list of budget measures before they accept to pay it the remaining 7.2 billion euros installment of its bailout program. Without the money, Greece is not sure to be able to meet a repayment to the International Monetary Fund on May 12 worth some 750 million euros. In Brussels, EU Commission...

  • ANALYSIS-Absence of contagion changes whole Greek game Wednesday, 29 Apr 2015 | 3:00 PM ET

    LONDON, April 29- If fear of Europe- wide financial wildfire was Athens' trump card in its standoff with euro zone creditors- then the card has now turned up a dud. A reprise of 2010/ 2011 would have seen any threat of Greek default or euro exit infecting markets everywhere and sending government borrowing costs across Italy, Spain, Ireland and Portugal soaring,...

  • ATHENS, April 29- Euro zone officials will discuss Greece on Wednesday after Athens said it would present a list of reforms for legislation to show it is serious about acting on pledges to secure aid. They will then be assessed at a broader meeting of technical-level teams from Greece and the lenders in Brussels on Thursday, Greek government officials said.

  • LONDON, April 29- British consumer confidence fell this month for the first time since December, according to a survey that will disappoint Prime Minister David Cameron ahead of next week's national election. But his Conservative Party remains deadlocked in opinion polls with the main opposition Labor Party which says Britain remains in the grip of a cost of...

  • ATHENS, Greece— Greece says it will discuss with its European creditors on Thursday a draft bill of reforms it hopes will earn their approval and pave the way for the unlocking of vitally needed bailout funds. Greece hopes the reforms in the draft bill will be sufficient for its creditors to approve the disbursement of the final 7.2 billion euro installment of...