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  • LONDON, April 16- Emerging market stocks rose to near seven-month highs on Thursday, riding momentum from a global equities surge and data from China showing investment into the country is holding up against slowing growth. The MSCI emerging stocks index was up 1.2 percent, its highest since last September, while the Asian ex- Japan benchmark was 1.3 percent...

  • DIARY- Top Economic Events to April 28 Wednesday, 15 Apr 2015 | 8:01 PM ET

    WASHINGTON- European Central Bank Vice President Vitor Constancio speaks before the Levy Economics Institute of Bard College 24th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies- 1300 GMT. WASHINGTON- International Monetary Fund Deputy Managing Director Min Zhu, Central Bank of Malaysia Governor Zeti Akhtar Aziz, Turkey Deputy...

  • STOCKHOLM, April 15- Sweden's Ericsson, the world's biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia's purchase of Alcatel-Lucent. "Global operators have all made the shift to converge fixed and mobile, and now equipment makers will have to follow suit," Alcatel-Lucent...

  • LONDON, April 15- Having seen off a hostile $118 billion bid launched a year ago by U.S. rival Pfizer, Anglo-Swedish company AstraZeneca is on the move-- quite literally. Chief Executive Pascal Soriot is making AstraZeneca more nimble as hopes build for its cancer pipeline, but he still has his work cut out to keep 2015 earnings above the floor needed to protect his...

  • DIARY- Top Economic Events to April 24 Tuesday, 14 Apr 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1800 GMT. WASHINGTON- Levy Economics Institute of Bard College holds 24th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies in Washington. WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary...

  • HELSINKI/ PARIS, April 14- Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry's two weakest players that is backed by the French government but could pose challenges in cutting costs. In a joint announcement, the Finnish and French companies said they were in "advanced discussions" on a "full combination,...

  • DIARY- Top Economic Events to April 23 Monday, 13 Apr 2015 | 8:01 PM ET

    STOCKHOLM- Sweden's Riksbank Deputy Governor Cecilia Skingsley will participate in a seminar on pay formation that promotes the competitiveness of the manufacturing industry- 1135 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1800 GMT. WASHINGTON- Levy Economics Institute of Bard College holds 24th Annual Hyman P. Minsky...

  • April 10- Swedish Match AB should not be allowed to alter the warning label on its snus smokeless tobacco products to claim they are less harmful than cigarettes, an advisory panel to the U.S. Food and Drug Administration concluded on Friday. Stockholm- based Swedish Match is seeking FDA approval to remove warnings about mouth cancer, gum disease and tooth loss...

  • STOCKHOLM, April 8- White goods maker Electrolux said on Wednesday its North American appliances business would make an unexpected loss in the first quarter, partly due to costs related to adjustments to product lines in the region. Electrolux, a rival of Whirlpool Inc, makes nearly a third of its sales in North America and has been benefiting from firm demand in...

  • WASHINGTON, April 7- The U.S. Food and Drug Administration said on Tuesday it is concerned that a Swedish Match AB proposal to soften warnings on its snus smokeless tobacco products would not accurately reflect the risks associated with snus use. Stockholm- based Swedish Match is seeking FDA approval of language stating that its snus products are less risky...

  • MOSCOW, April 4- Ukraine has asked for 1 billion cubic metres of gas imports from Russia in April, trebling the amount it received in March, Russian Energy Minister Alexander Novak said on Saturday. On Thursday, Ukraine's state gas concern Naftogaz and Russia's Gazprom signed an interim deal for cheaper supplies of gas from Russia for the next three months,...

  • WASHINGTON, April 2- In a decision that could reshape U.S. tobacco regulation, a health advisory panel will vote next week on whether Swedish Match AB, a Stockholm- based maker of smokeless tobacco products known as snus, can claim they are less harmful than cigarettes. The closely watched vote could pave the way for the first Food and Drug Administration approval...

  • *Marks& Spencer surges after posting a rise in sales. LONDON/ PARIS, April 2- European equity indexes closed broadly flat on Thursday as losses among metals and energy stocks offset sharp post-results gains in retailer Marks& Spencer. "There is likely to be some debate about how the... sales figure has been achieved in light of highly visible late-year promotional...

  • European shares tread water ahead of Easter break Thursday, 2 Apr 2015 | 10:05 AM ET

    LONDON 1/ 4 PARIS, April 2- European shares dipped on Thursday, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after its lenders said Athens needed to do more to unlock financial aid. European Union officials said more work was needed on new measures that Athens sent to its creditors on Wednesday.

  • LONDON 1/ 4 PARIS, April 2- European shares dipped on Thursday, trading in a tight range ahead of the Easter break, with Greece still at the forefront of investors' minds after its lenders said the country needed to do more to unlock financial aid. European Union officials said more work was needed on new measures that Athens sent to its creditors on Wednesday.

  • BUSINESS NEWS SCHEDULE AT 1830 GMT/2:30 PM ET Tuesday, 31 Mar 2015 | 2:30 PM ET

    Editor: Steve Orlofsky 1 646 223 6214. NEW YORK- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market and home prices increased, hopeful signs that a recent sharp slowdown in economic activity will be temporary. NEW YORK- U.S. stocks decline in a retreat from the previous session's sharp rally, but major indexes remain on track...

  • STOCKHOLM, March 31- Shares in Aspiro soared by 1,000 percent on Tuesday as investors clamoured for a stake in the Swedish music streaming business bought by rapper Jay-Z this month- but face big losses as they will be forced to sell out to the U.S. star within days. Jay-Z bought more than 90 percent of Aspiro earlier this month in a $54 million deal.

  • STOCKHOLM, March 31- Shares in music streamer Aspiro, a majority of which was bought earlier this month by hip-hop star Jay-Z, soared on Tuesday to as much as 11 times the price at which remaining shares will be acquired in a compulsory squeeze-out only days away. Some of the world's biggest music stars, including Kanye West and Madonna, were in New York on Monday to...

  • STOCKHOLM/ TOKYO, March 31- Hedge fund Elliott Management has raised its stake in surveillance camera maker Axis AB, a disclosure notice showed, possibly putting pressure on Japan's Canon Inc to sweeten its 23.6 billion crown takeover bid. Canon, the world's leading camera maker, in February launched a friendly offer to buy Axis shares to expand in the...

  • *Greece lowers target for asset sales, proposes bad bank. ATHENS March 30- Prime Minister Alexis Tsipras on Monday appealed for an "honest compromise" with lenders but warned Greece would not agree to an "unconditional" one, after its biggest creditor demanded it do more to show commitment to reform. Athens could run out of cash by April 20, a source has previously said.