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  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • *Russia agrees to supply Ukraine with 5 bcm gas to March 31. Russia, Ukraine and the European Commission moved towards an agreement in late September and made further progress at the weekend. Russia cut off gas supply to Ukraine in mid-June following more than two years of disagreement over the price and after relations between the two countries deteriorated...

  • Electrolux buoyed by US growth Monday, 20 Oct 2014 | 4:47 AM ET

    STOCKHOLM— Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits. Electrolux CEO Keith McLoughlin told The Associated Press said he was "quite pleased with the result in what could be characterized as challenging macro conditions." Last month, Electrolux— ranked as the...

  • BUSINESS-NEWS-SCHEDULE AT 1900 GMT / 3:00 PM ET Sunday, 19 Oct 2014 | 3:01 PM ET

    LONDON- A series of Reuters interviews with officials, bankers and others involved in the European Central Bank's financial inspection of the euro zone's biggest banks show that in the seven months since it began, the ECB has had to shoot down countless pleas from banks and national supervisors for special treatment. STOCKHOLM/ OSLO/ COPENHAGEN- When it comes to...

  • Ukraine says it's agreed interim gas price with Russia Saturday, 18 Oct 2014 | 5:06 PM ET

    KIEV, Oct 18- Ukraine's and Russia's leaders have reached a preliminary agreement on a price for gas supplies this winter but Kiev may need international help to pay, Ukrainian President Petro Poroshenko said on Saturday. Poroshenko met Russian President Vladimir Putin in Milan on Friday to discuss the conflict in Ukraine's eastern regions, where...

  • Yara, CF Industries abandon merger talks Friday, 17 Oct 2014 | 4:31 AM ET

    STOCKHOLM— Norway's Yara International and Deerfield, Illinois- based CF Industries have abandoned merger talks that would have created a massive player in the fertilizer industry. Torger Kvidal, the CEO of Yara International ASA, said Friday that despite significant synergies, "in the end it became clear that we would not be able to agree on terms that would be...

  • STOCKHOLM, Oct 15- Sweden's SKF, the world's biggest bearings maker, reported signs of weakness in European markets and said it would run down inventories further in the coming months in the face of expected flat group-wide demand in the fourth quarter. This week the German government slashed its growth forecasts for this year and next and for a company like SKF,...

  • Statoil CEO Lund steps down, joins BG Group Wednesday, 15 Oct 2014 | 5:50 AM ET

    STOCKHOLM— Helge Lund, the CEO of Norwegian oil and gas company Statoil, has resigned after 10 years in charge of the government-controlled company. Until then he will remain at Statoil's "disposal" though the company said Wednesday that its board of directors had appointed Eldar Saetre, a senior Statoil executive, as acting president and CEO with immediate...

  • The 2014 Nobel Prizes at a glance Monday, 13 Oct 2014 | 11:32 AM ET

    U.S.-British scientist John O'Keefe split the Nobel Prize in medicine with Norwegian couple May-Britt Moser and Edvard Moser for breakthroughs in brain cell research that could pave the way for a better understanding of diseases like Alzheimer's. Isamu Akasaki and Hiroshi Amano of Japan and Japanese-born U.S. scientist Shuji Nakamura won the Nobel Prize...

  • OSLO, Oct 13- IKEA Group, the world's biggest furniture retailer, may introduce an internal carbon emissions price to help its drive to protect the environment and create a "new and better" company, chief executive Peter Agnefjall said. After attending a U.N. summit on climate change in New York on Sept. 23, Agnefjall said the Swedish furniture giant will consider...

  • A look at the winner of 2014 Nobel economics prize Monday, 13 Oct 2014 | 7:41 AM ET

    WHO WON THE ECONOMICS NOBEL? French economist Jean Tirole, 61, of the Toulouse School of Economics, France. "I'm so moved," said Tirole, speaking by telephone link from Toulouse to a news conference in Stockholm, where the prize was announced.

  • How Frenchman's Nobel research could aid consumers Monday, 13 Oct 2014 | 7:07 AM ET

    Tirole, who works at the Toulouse School of Economics in France and has a Ph.D. from Massachusetts Institute of Technology, is the third Frenchman to win the $1.1 million Nobel Memorial Prize in Economic Sciences and the country's latest international economic star, a role usually reserved for U.S. or British thinkers raised on free-market ideals.

  • STOCKHOLM— French economist Jean Tirole wins the Nobel economics prize.

  • Modiano wins Nobel for works about Nazi occupation Thursday, 9 Oct 2014 | 7:04 AM ET

    STOCKHOLM— Patrick Modiano of France, who has made a lifelong study of the Nazi occupation and its effects on his country, won the 2014 Nobel Prize in literature Thursday for what one academic called "crystal clear and resonant" prose. Modiano, a 69- year-old resident of Paris, is an acclaimed writer in France but not well known in the English-speaking world.

  • KIEV, Oct 8- Kiev may appeal to the Stockholm court of arbitration to fix a temporary price for Russian gas and conditions for deliveries to Ukraine if an interim gas deal is not reached soon with Russia, Ukrainian Prime Minister Arseny Yatseniuk said on Wednesday. The European Union is trying to broker a deal to resolve a standoff between the two countries after...

  • *Sweden set for shift in foreign policy with new government. STOCKHOLM, Oct 7- Sweden's decision to recognize the Palestine state- without formally consulting its allies- may herald a wider foreign policy shift that has at its heart the aim of asserting a new diplomatic weight around the world. Until now Sweden, under a center-right government, has been close to...

  • DIARY - Top economic Events to Oct 15 Thursday, 2 Oct 2014 | 8:01 PM ET

    KRISTIANSAND, Norway- Norges Bank Deputy Governor Jon Nicolaisen and Norges Bank Investment Management Chief Risk Officer Jan Thomsen address Norges Bank's regional network in Kristiansand. STOCKHOLM- Sweden's central bank Governor Stefan Ingves will hold a presentation for the Swedish Center for Business and Policy Studies/SIFR Finance panel.

  • Sept 23- Japanese auto parts maker Yazaki Corp has agreed to pay $76 million to U.S. car buyers to settle civil price-fixing claims in Michigan federal court, attorneys for the buyers said on Tuesday.

  • KIEV, Sept 23- The European Commission will propose that Russia and Ukraine sign an interim gas agreement in Berlin as a step towards resolving their long-standing row over gas prices, Energy Commissioner Guenther Oettinger said on Tuesday.

  • KIEV- EUROPEAN COMMISSION SUGGESTS RUSSIA, UKRAINE SIGN INTERIM AGREEMENT ON GAS BEFORE RULING OF ARBITRATION COURT IN STOCKHOLM- OETTINGER.