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  • Transport chaos as public sector strike hits Brussels Wednesday, 22 Apr 2015 | 2:22 AM ET

    BRUSSELS— Much of the transport in Europe's capital, Brussels, came to a halt Wednesday as public sector workers held a one-day strike over Belgian government austerity measures. The big Brussels Nord station was fully closed and the trains to Brussels from Paris and London were also severely affected, although those between London and Paris were running as...

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign reinsurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States. European reinsurers,...

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • NATO to hold major cyber defense drill in Estonia Tuesday, 21 Apr 2015 | 11:22 AM ET

    TALLINN, Estonia— About 400 computer experts will participate in a major cybersecurity drill in Estonia this week as part of NATO's efforts to upgrade its capability to counter potentially debilitating hacker attacks. The drill comes at a time of heightened tensions in Eastern Europe, where NATO military forces are exercising almost continuously to deter...

  • EU gives Ukraine $267 million in low interest loans Tuesday, 21 Apr 2015 | 11:05 AM ET

    BRUSSELS— The European Union has given Ukraine 250 million euros in low interest loans as part of a package to help revive the country's lackluster economy. Ukraine received major bailout loans from the International Monetary Fund, European Union and the U.S. last year, but has been requesting more with no clear end in sight to its economic problems.

  • BRUSSELS— The European Union has given Thailand six months to drastically crack down on illegal and unregulated fishing or face an EU seafood import ban, but has lifted the threat of similar action against South Korea and the Philippines. EU Fisheries Commissioner Karmenu Vella said Tuesday that Thailand, the third-largest seafood exporter, was given a...

  • Greek anger over state cash grab from public entities Tuesday, 21 Apr 2015 | 7:16 AM ET

    At an emergency meeting in Athens, angry mayors voted to defy the order to have spare reserves put in a central bank account. Until it reaches an agreement with its creditors from the 19- country eurozone and the International Monetary Fund, Greece will not get a badly-needed 7.2 billion euros in rescue funds, without which Athens will be unable to meet loan...

  • *Role makes subsequent move to Bank of France easier. PARIS, April 21- Top BNP Paribas banker Francois Villeroy de Galhau emerged as a possible candidate to replace the retiring governor of the Bank of France on Tuesday as he was named to lead a new state-sponsored investment drive. Villeroy de Galhau will step down as one of the two chief operating officers at...

  • Struggling Greece puts state funds in loan basket Monday, 20 Apr 2015 | 7:39 AM ET

    ATHENS, Greece— Greece's cash-strapped government has ordered reserves from state agencies to be placed in a basket account to help the country meet obligations, officials said Monday as bond market traders fretted over the risk of default. Greece's lenders from the 19- country eurozone and International Monetary Fund are demanding reforms that include...

  • *Northern states forced to support Italy after disaster. Many European governments have long been reluctant to fund rescue operations in the Mediterranean for fear of encouraging more people to make the crossing in search of a better life in Europe, but they now face outrage over the refugee deaths. "What's at stake is the reputation of the European Union,"...

  • *Northern states forced to support Italy after disaster. "What's at stake is the reputation of the European Union," Italian Foreign Minister Paolo Gentiloni told reporters as he arrived for a meeting with EU peers in Luxembourg. Northern European Union countries have so far largely left rescue operations to southern states such as Italy.

  • *Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 migrants were feared dead on Sunday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support as turmoil in Libya and the Middle East worsens the crisis. If the death toll is confirmed, it will bring to...

  • *Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight in what officials said may be the Mediterranean's worst disaster as thousands flee poverty and war to Europe. Only last week, around 400 migrants were reported to have died...

  • Tesco says prospect of EU referendum is damaging UK Sunday, 19 Apr 2015 | 11:13 AM ET

    LONDON, April 19- Tesco, the world's third biggest retailer, said big businesses could be driven from Britain by the uncertainty surrounding a referendum on European Union membership, which the governing Conservatives have promised to hold if re-elected. The Conservatives want to renegotiate Britain's role in Europe and then hold a referendum by the end of...

  • Google's EU showdown offers openings to competitors Friday, 17 Apr 2015 | 11:58 AM ET

    That appears to be the European Union's strategy to pursue Google in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said...

  • ATHENS, April 17- Greece will need to tap all the remaining cash reserves across its public sector-- a total of 2 billion euros-- to pay civil service wages and pensions at the end of the month, according to finance ministry officials. Athens' scramble for basic funds shows how extreme the financial constraints on Greek Prime Minister Alexis Tsipras have become as he...

  • LONDON, April 17- European Union plans to help markets raise more funds for the economy play to London's strengths as a global trading centre, the bloc's financial services chief Jonathan Hill told leading bankers and dealers on Friday. In his first speech to London's financial community since his appointment to the European Commission last November, the...

  • Boeing sees F/A-18 Middle East export decision soon Thursday, 16 Apr 2015 | 6:05 PM ET

    BRUSSELS, April 16- Boeing Co expects a decision from a Middle East nation on whether to buy its F/A-18 fighter jet within months, the programme's top international sales executive said on Thursday. Speaking in Belgium, where another fighter competition is on the horizon, Howard Berry expressed optimism that Boeing would capture enough domestic and foreign...

  • LONDON, April 16- The lead market is on a tear. The least sexy of the industrial metals traded on the London Metal Exchange has surged by over 20 percent from its March lows to a current $2,040 per tonne. The impact on spreads and positioning is still evolving, not least because of follow-on hits on LME inventory such as this morning's fresh 15,500 tonnes of...