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  • DUBAI, Feb 3- Cash-rich Gulf banks are becoming bigger players in the region's aviation boom, helping carriers like Emirates, Qatar Airways and Etihad Airways to fund their fleet expansion. Figures from European planemaker Airbus show that 47 percent of its aircraft deals in the Middle East in the first 11 months of last year were funded by local banks, up from 17...

  • *Lafarge and Holcim selling assets as part of merger. DUBLIN, Feb 2- Irish building supplies group CRH has agreed to pay 6.5 billion euros for assets Lafarge and Holcim were obliged to sell ahead of their planned merger. France's Lafarge and Swiss peer Holcim announced merger plans last year, hoping to cut costs and tackle overcapacity and weak demand.

  • CRH to buy Lafarge, Holcim assets for $7.3B Monday, 2 Feb 2015 | 1:42 AM ET
    Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    Irish building supplies group CRH said it had agreed to pay $7.35 billion for assets Lafarge and Holcim had to sell ahead of their planned merger.

  • *Lafarge and Holcim selling assets as part of merger. DUBLIN, Feb 1- Irish building supplies group CRH said on Sunday it had agreed to pay 6.5 billion euros for assets Lafarge and Holcim were obliged to sell ahead of their planned merger. France's Lafarge and Swiss peer Holcim announced merger plans last year, hoping to cut costs and tackle overcapacity and weak...

  • DUBLIN, Jan 28- Bank of England Governor Mark Carney urged the euro zone to take the controversial step of turning its currency area into a fiscal union in order to escape its slow-growth debt trap- a call likely to be rebuffed by Germany. Such calls have previously met with resistance from Germany and some other euro zone countries who fear their taxpayers could...

  • Trading ECB buying bombshell—1 week later Wednesday, 28 Jan 2015 | 7:00 AM ET
    A euro sign sculpture is seen in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany.

    A European exporters ETF, U.S. Treasurys and even Norwegian oil companies are among the favorite plays from the cross-asset experts in this article.

  • ATHENS, Jan 27- Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatisation of Greece's biggest port on Tuesday, signalling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. Promising to reverse budget cuts and renegotiate Greece's huge debts, Tsipras's leftist...

  • ZURICH, Jan 27- UBS said on Tuesday it had introduced a charge on deposits for certain large account balances in Switzerland, in a move which follows the surprise jump in the Swiss franc's exchange rate earlier this month. The Swiss National Bank shocked financial markets on Jan. 15 by removing a three-year-old cap on the franc's value against the euro and...

  • Jan 27- Pfizer Inc reported stronger-than-expected quarterly sales due to cost cuts and demand for its vaccines and cancer drugs, but the company forecast 2015 earnings below Wall Street expectations, citing patent expirations and the stronger dollar. Excluding special items, Pfizer earned 54 cents per share. Pfizer forecast 2015 earnings of $2.00 to $2.10...

  • *Varoufakis says will not "put up or shut up". ATHENS, Jan 27- Economics professor Yanis Varoufakis confirmed he would become Greece's next finance minister on Tuesday, promising to defy advice to "put up or shut up" and find solutions that favor all Europeans rather than just Greeks. After two years of waiting in the wings, Prime Minister Alexis Tsipras and his Syriza...

  • Aer Lingus bid: Hot topic for Ireland   Monday, 26 Jan 2015 | 4:45 AM ET
    Aer Lingus bid: Hot topic for Ireland

    AER Lingus is reviewing a third bid from IAG, worth 1.3 billion euros. CNBC's Catherine Boyle reports on the latest.

  • FRANKFURT/ LONDON, Jan 22- Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell ahead of their planned merger, several people familiar with the matter said. France's Lafarge and Swiss peer Holcim announced merger plans last year, hoping to cut costs and tackle overcapacity and weak demand.

  • Irish PM: ECB shouldn't cave into political pressure

    At the World Economic Forum, Enda Kenny, Taoiseach of the Republic of Ireland, says the European Central Bank should help the region's economy without giving into political pressure.

  • In an interview with Reuters, John Wojick, Boeing's vice president for global sales& marketing, echoed a consensus among participants at a Dublin finance gathering that the slide in oil prices would not significantly undermine new jet demand. Delegates at this week's Airline Economics conference said the drop in oil could reduce the premium Boeing and rival...

  • DUBLIN, Jan 21- Demand for the latest generation of fuel-efficient narrowbody jetliners remains "very strong" despite the recent oil price slump, the planemaker's top sales official said on Wednesday. Pricing for aircraft like the narrowbody 737 MAX, a revamped version of Boeing's best-selling model with new fuel-saving engines, remains "solid", Wojick said.

  • DUBLIN, Jan 20- Airlines enjoying a $100 billion windfall from lower oil prices this year are being urged not to let up on cost controls which helped them survive the recent oil price boom. Gerry Laderman, treasurer at United Continental Holdings, said that if oil prices stayed low, airlines could find themselves generating more cash than they expected.

  • Ted Christie, chief financial officer at low-cost carrier Spirit Airlines, said airlines had "very expensive systems and people thinking about how to maximise revenue, and they should do that regardless of the oil price." Politicians and consumer groups in the United States and Europe have called on airlines to cut fares. And on Jan. 7, as North Sea oil prices hit a...

  • Oil price fall gives lease of life to old planes Monday, 19 Jan 2015 | 4:03 PM ET

    "We are seeing a big pick-up in demand for aircraft we thought we would scrap," Aengus Kelly, chief executive of AerCap, told the Airline Economics conference in Dublin. AerCap, the world's largest independent leasing company, has recently leased out older passenger aircraft and freighters such as Airbus A340s, Boeing 747 s and 757 s, rather than sending them to be...

  • FRANKFURT, Jan 19- Germany's Bundesbank is mounting a last-ditch drive to limit money-printing by the ECB, hoping either to soften the blueprint or delay decisions on key parts beyond this week, people familiar with the debate say. With markets primed for a European Central Bank announcement on Thursday, Germany's central bank is worried that a program to buy...

  • "If you want to see how the international aviation landscape is going to evolve, just look to the United States, where consolidation has left just four major legacy carriers to compete with the low-cost airlines that serve the rest of the market," said Franke, managing partner of Phoenix- based private equity firm Indigo Partners. The former chairman of America...