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  • European shares rebound as auto stocks rally Wednesday, 9 Apr 2014 | 10:09 AM ET

    *Bernstein upgrades lift Porsche and Volkswagen. The STOXX Europe 600 Automobile& Auto Parts Index was the best-performing equity sector in Europe, rising 1.3 percent as Volkswagen and Porsche both benefited from an upgrade by the brokerage Bernstein. Bernstein raised its rating on Porsche and Volkswagen to "outperform" from "market perform".

  • BRUSSELS, April 9- Funding green energy will become harder under EU rules published on Wednesday designed to replace subsidies with market-based schemes, just when the Ukraine crisis has heightened the need for alternatives to imported fossil fuel.

  • LONDON/ MILAN, April 9- The European Central Bank has dismissed the latest appeal by the region's biggest lenders for concessions, including easier deadlines, to make rigorous health checks of their industry less logistically onerous, sources told Reuters.

  • EU seeks cheaper power, curbs renewable subsidies Wednesday, 9 Apr 2014 | 7:18 AM ET

    BRUSSELS— The European Union's executive arm is curbing subsidies for renewable energies to help drive electricity prices down. The European Commission on Wednesday laid out stricter rules on the extent to which the bloc's 28 member states may support the generation of power from renewable sources such as solar, wind or biomass.

  • European shares gain as auto stocks pick up speed Wednesday, 9 Apr 2014 | 6:53 AM ET

    LONDON, April 9- European shares rebounded on Wednesday, led by automakers, although caution ahead of the European earnings season could keep gains under check. Volkswagen rose 2.8 percent and Porsche 3.9 percent after Bernstein raised its ratings for the shares, traders said. It also said Volkswagen had extensive exposure to a European market recovery.

  • Stronger autos help European shares to gain ground Wednesday, 9 Apr 2014 | 4:38 AM ET

    LONDON, April 9- European shares advanced on Wednesday, with automakers leading the market higher on a positive growth outlook for some major companies, although caution ahead of the European earnings season could keep gains under check.

  • BRUSSELS, April 8- Ukraine's energy minister, EU officials and industry representatives held talks on Tuesday on cutting reliance on Russian gas as tension with Moscow drove home the urgency of finding alternative energy sources and supply routes.

  • BRUSSELS, April 8- Ukraine's energy minister, EU officials and industry representatives held talks on Tuesday on cutting reliance on Russian gas as tension with Moscow drove home the urgency of finding alternative energy sources and supply routes.

  • Germany salvages companies' power discounts Tuesday, 8 Apr 2014 | 8:53 AM ET

    BERLIN— Germany said Tuesday that it will reduce the number of companies allowed to receive discounts on their electricity bills as part of an effort to satisfy European Union concerns.

  • EU opens case against Russia over pork import ban Tuesday, 8 Apr 2014 | 7:26 AM ET

    BRUSSELS— The European Union is opening a case against Russia before the World Trade Organization to protest a pork import ban which it calls disproportionate and illegal. Russia banned EU pork imports in January following four cases of African swine fever found in boar on the Lithuanian and Polish borders with Belarus.

  • *Hungary's data protection reform not in line with EU law- ECJ. BRUSSELS, April 8- Hungarian Prime Minister Viktor Orban broke EU law when he fired the head of the country's data protection agency, the European Court of Justice said on Tuesday, in a ruling likely to reignite tensions with Brussels over Hungary's reforms.

  • France's new prime minister wins confidence vote Tuesday, 8 Apr 2014 | 6:15 AM ET

    PARIS— French lawmakers gave their country's new prime minister a vote of confidence Tuesday that is seen as an endorsement of his plans for an economic turnaround built on tax cuts and slashing bureaucracy to the extent that he plans to redraw the map of France.

  • EU court ruling boost privacy rights of citizens Tuesday, 8 Apr 2014 | 4:56 AM ET

    BRUSSELS— The European Union's top court on Tuesday dealt a blow to law-enforcement agencies' spying on phone and internet records, saying the lives of citizens should not be "the subject of constant surveillance."

  • *Mersch says QE theoretical, long way to practical steps. *Constancio- must assess inflation outlook before acting. BRUSSELS/ LONDON, April 7- The European Central Bank will get ready to make large-scale asset purchases but is still a long way off embarking on such a plan and will first assess whether the inflation outlook has changed, ECB policymakers said.

  • At midnight a deadline expires for Ukraine to reduce the $2.2 billion debt it owes Moscow for natural gas deliveries. So far Ukraine has offered no payments, Moscow says, raising the risk of supply disruption, with possible knock-on effects for the European Union.

  • LONDON, April 7- Reverse flows of natural gas from Europe to Ukraine to help it handle Russian price and supply cuts would be possible within hours once the infrastructure is in place, but the flows could require approval from Russia's Gazprom first.

  • *Holcim will hold 53 pct of merged entity. PARIS, April 7- Switzerland's Holcim unveiled an all-share deal to buy France's Lafarge on Monday to create the world's biggest cement maker with combined sales of 32 billion euros. Shares in Lafarge rose 4 percent at the open, the top gainer on France's blue-chip CAC 40 index, while shares in Holcim were up 5.4 percent.

  • *Slovakia could send up to 20 bcm to Ukraine, but not yet. LONDON, April 4- Ukrainian prime minister Arseny Yatseniuk is hoping Europe can reverse gas down its East-to-West pipelines to help counter "political" price hikes in the gas Ukraine gets from Russia, but it could take until next winter to make the adjustments needed for significant volumes.

  • US official: Ukraine crisis boosts EU trade talks Friday, 4 Apr 2014 | 9:57 AM ET

    BRUSSELS— The new U.S. ambassador to the European Union says the crisis in Ukraine has given a boost to free trade talks with the 28- country bloc. Anthony Luzzatto Gardner said Friday that Russia's annexation of Crimea "has focused minds" in Brussels and Washington that the ongoing free trade talks can strengthen their alliance beyond the purely economic.

  • BRUSSELS, April 4- Protesters from across Europe clashed with police in Brussels on Friday at a demonstration against high unemployment, throwing stones and smashing windows as they marched from the city centre to the European Union district. Brussels hosts regular demonstrations, most passing off peacefully.

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