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  • European car sales rise for 14th straight month Tuesday, 18 Nov 2014 | 3:59 AM ET

    MILAN— The European car market continued its recovery in October, recording a 6.5 percent increase in sales to 1,072,837 units. Spain grew by 26 percent, Britain by 14 percent and Italy, despite the continuing recession, by more than 9 percent. Powerhouse Germany saw a more modest increase of 3.7 percent.

  • AMSTERDAM/ LONDON/ PARIS, Nov 17- Bird flu was found on a duck farm in England on Monday days after it was discovered in Dutch chickens, forcing authorities to destroy poultry and restrict exports, although it was not a strain known to be deadly to humans. Health officials said the outbreak may have been brought to Europe by wild birds migrating from Asia where...

  • Belgian judge charges HSBC branch with fraud Monday, 17 Nov 2014 | 8:44 AM ET

    BRUSSELS— A Belgian investigating judge has charged a Swiss private banking branch of HSBC with massive organized fiscal fraud, money laundering and forming a criminal organization to the benefit of over 1,000 wealthy clients that cost the Belgian authorities "hundreds of millions of euros." In August, HSBC Holdings PLC said it knew inquiries were ongoing and...

  • FRANKFURT, Nov 16- As large parts of Europe's economy grind almost to a halt, attention will focus this week on the latest assessments of business confidence in the euro zone and Germany, which has just narrowly avoided a recession. While the United States economy has accelerated and China holds a slower but steady course, euro zone countries have remained...

  • *Starbucks says confident will be cleared. BRUSSELS/ LONDON, Nov 14- A tax deal the Netherlands cut with Starbucks Corp may be illegal state aid, European Union regulators said on Friday, part of a crackdown on members attracting investment by helping companies to avoid tax. The European Commission said it suspects the Dutch tax ruling allows Starbucks, the...

  • Economic growth across eurozone countries Friday, 14 Nov 2014 | 6:34 AM ET

    BRUSSELS— The economy of the 18- country eurozone grew by 0.2 percent in the third quarter compared with the previous three months, according to official figures released Friday.

  • KIEV, Nov 14- Ukraine is likely to buy around 1 billion cubic meters of gas from Russia by the end of the year, Ukraine's energy minister said on Friday, while state energy firm Naftogaz said it may send prepayments by the end of November. Russia, which cut off supplies to Ukraine in June because of a standoff over prices, has insisted that Ukraine pay for future...

  • BRUSSELS— Eurozone economy grew 0.2 percent in Q3 as France rebounds and Greece recession ends.

  • DAKAR/ BRUSSELS, Nov 14- Medecins Sans Frontiers "wasted time" by waiting too long to call for vaccines to fight an unprecedented outbreak of Ebola in West Africa, a veteran of the medical charity told Reuters. The group's response to the epidemic which has so far killed more than 5,000 people has been widely praised by governments and the World Health Organization.

  • *The gas row unnerved Europe- Ukraine key transit point. EU officials worked out a deal two weeks ago under which Ukraine would pay Moscow $1.45 billion towards what it owed for gas supplies to ease a standoff over prices- and lift the threat to Europe, which relies on Ukraine as a key transit point for fuel. But Russia has insisted that Ukraine must also pay for future...

  • Global banks entering higher-stake phase of forex probes Wednesday, 12 Nov 2014 | 7:36 PM ET

    WASHINGTON/ NEW YORK, Nov 12- The $4.3 billion in civil settlements struck Wednesday between six global banks and U.S. and U.K. authorities over foreign exchange market manipulation sets the stage for negotiations over related ongoing probes that could bear much more severe consequences. Citigroup, UBS, HSBC, Royal Bank of Scotland, JPMorgan Chase& Co and Bank of...

  • UNITED NATIONS, Nov 12- The United States told the United Nations Security Council on Wednesday there needs to be greater international pressure on Russia to abide by a ceasefire in Ukraine, as Russia denied it was a threat to its neighbor. The United States and the European Union started imposing economic sanctions on Moscow in response to Russia's seizure of...

  • FRANKFURT, Nov 12- Trading of coal via financial instruments in Europe is likely to jump 30 percent to 3,800 tonnes this year, boosted by demand from producers, commodity traders and hedge funds, according to a report by energy research company Prospex. The biggest trading segment is the Amsterdam- Rotterdam- Antwerp port range, where overseas coal arrives.

  • ISTANBUL, Nov 12- Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey's state-run Halkbank of its pension and insurance arms, three sources close to the process said on Wednesday. European firms Ageas, Aviva and Zurich Insurance, Japan's Meiji Yasuda, Nippon Life and Sompo Japan Insurance, Malaysia's Khazanah...

  • EU chief calls for more tax law harmonization Wednesday, 12 Nov 2014 | 8:16 AM ET

    BRUSSELS— The European Union should harmonize tax practices better to counter the sweet deals that countries like Luxembourg have used to attract multinationals and the super-rich, the EU's executive chief said Wednesday. European Commission chief Jean-Claude Juncker denied allegations that he was part of the problem since he had been prime minister of...

  • Aid groups in Myanmar trip over links to elite Wednesday, 12 Nov 2014 | 2:16 AM ET

    YANGON, Myanmar— Staff hired to work with the U.S. government's aid agency in Myanmar are preparing to move out of their office following revelations their landlord is a notorious former spymaster who oversaw the imprisonment and torture of thousands of pro-democracy activists. UNICEF, the UN children's agency, pays $87,000 a month to a famously corrupt...

  • EU nations could get power to block GMO crops Tuesday, 11 Nov 2014 | 6:55 AM ET

    BRUSSELS— European lawmakers have voted to give EU member states the power to ban cultivation of genetically modified crops on their territory even if they have been approved by the 28- nation bloc. Tuesday's vote on genetically modified organisms, or GMOs, must still be converted into EU-wide law by the bloc's executive, the European Commission and national...

  • Senior EU aide defends Juncker on Luxembourg tax deals Monday, 10 Nov 2014 | 10:05 AM ET

    PARIS/ BRUSSELS, Nov 10- A senior aide defended European Commission President Jean-Claude Juncker on Monday against charges of having provided a haven for corporate tax avoidance in Luxembourg, saying the entire new EU executive was committed to stamping out tax evasion. Juncker, 59, who was the tiny Grand Duchy's finance minister from 1989 and prime minister...

  • DUBLIN, Nov 7- Irish Finance Minister Michael Noonan said on Friday that a European Commission case against Ireland over tax breaks given to Apple Inc is likely to fail. The European Commission said in June it was making in-depth inquiries into tax arrangements reached by Ireland with Apple to see whether they represented unfair state aid.

  • BUDAPEST, Nov 7- With Hungary's conservative prime minister enjoying solid support and his opposition in disarray, Hungarians who united against his plan to tax the Internet believe they have created a new platform to voice dissent. "This is a colorful group but it is together and it wants to keep going," said Balazs Gulyas, a 28- year-old student activist who...