Carl Bildt, Swedish foreign minister, discusses nuclear security in Ukraine and says that Russia's marginalization in international affairs will have a negative impact on its economy.» Read More
*Pimco performance, governance issues worry Allianz owners. FRANKFURT, April 4- Several of the biggest investors in Allianz are pressing the German insurer to step up oversight of its California asset management unit Pimco and one is considering the unusual step of going public with its concerns at a shareholder meeting in May.
*Deal could create a $23 billion drug company. *Meda confirms has had initial talks with Mylan- report. STOCKHOLM, April 4- Generic drug maker Mylan Inc is looking to buy Swedish rival Meda AB in a deal that would create a $23 billion pharmaceutical company, the Financial Times reported.
LONDON, April 3- Global private equity firm KKR has bought $150 million worth of shipping loans from two European banks amid a surge of interest in the industry as world trade in goods picks up along with the global economy.
FRANKFURT- ECB President Mario Draghi speaks at the award ceremony of the Generation Euro Competition organized by the ECB in Frankfurt- 1400 GMT. LONDON- UK Finance minister George Osborne speaks to Treasury Committee in House of Commons, on his budget- 0900 GMT.
CHICAGO- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Homer Jones Memorial Lecture event- 2100 GMT.
BERLIN- Bundesbank President Jens Weidmann speaks at the 53rd ACI Financial Markets World Congress "Financial Integration in Europe"- 0930 GMT. Speakers:- Federal Reserve Chair Janet Yellen, FDIC Chairman Martin Gruenberg and Comptroller of the Currency Thomas Curry. BRUSSELS- 5th EU-Africa Business Forum.
KANSAS CITY, United States- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy at an event hosted by Central Exchange- 1715 GMT. KRONBERG, Germany- Bundesbank President Jens Weidmann speaks at the spring meeting of the Market Economy Foundation in Kronberg on "Principles of the market economy in a currency union"- 1730 GMT.
*Investing online, to launch in Spain, Italy and China. STOCKHOLM, March 27- A drive to increase wages for Asian clothing workers is likely to hit profit margins at world No.2 fashion retailer Hennes& Mauritz as weak consumer demand and stiff competition make it hard to pass on the cost to shoppers, it said on Thursday.
LONDON, March 27- Spanish, Italian and Portuguese bond yields hit new historical lows on Thursday, with speculation about further European Central Bank monetary policy easing prompting investors to seek higher returns in lower-rated assets.
STOCKHOLM, March 27- Hennes& Mauritz, the world's No.2 fashion retailer, missed first-quarter profit forecasts as it invested to catch up with rivals online in an increasingly competitive budget clothing market.
LONDON, March 25- European banks such as Societe Generale, Credit Agricole and Unicredit will likely have to pay investors a higher return to buy the risky bonds that banks use to strengthen their balance sheets after the crisis in Ukraine forces a rethink about the potential dangers from such investments.
STOCKHOLM, March 24- Swedish prosecutors are investigating the daughter of Uzbekistan's president on suspicion of taking bribes to let Nordic telecoms company TeliaSonera enter the country's market, they said on Monday.
*Hit to Nokia income seen from patent concessions. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make technology patent concessions to get the deal done.
*Analysts fear concessions affecting Nokia's patent income. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make more concessions to get the deal done.
STOCKHOLM, March 23- Such is the weight of Christer Gardell's voice in Europe that Volvo's share price jumped 4 percent one day in January when a Swedish business daily ran a front-page story on the activist investor calling on the truckmaker to "start delivering".
STOCKHOLM, March 21- With cost cutting boosting profits last year, Swedish car firm Volvo is looking forward to all its main markets growing in 2014, especially in Chinese owner Zhejiang Geely Holding Group's home market, it said on Friday.
*Energy firms urged to do more to limit water use. *Water under strain from rising population, climate change. OSLO, March 21- Rising demand for energy, from biofuels to shale gas, is a threat to freshwater supplies that are already under strain from climate change, the United Nations said in a report on Friday.
LONDON, March 20- German yields hit a two-week peak on Thursday, leading most euro zone bond yields up in a broad sell-off after the U.S.
*Yellen signals rate hikes might come sooner than expected. LONDON, March 20- Top-rated euro zone debt underperformed peripheral bonds on Thursday in a broad sell-off triggered by the U.S.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Chamber of Commerce and Industry- 0715 GMT. BERKS, United Kingdom- Bank Of England Monetary Policy Committee member speaks at the Thames Valley Chamber of Commerce. ZURICH- Swiss National Bank holds Monetary policy assessment- 0830 GMT.