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  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year. Greece, where an anti-austerity prime minister took over on Monday, also kept investors...

  • European shares knocked as oil slide hits earnings Thursday, 29 Jan 2015 | 6:59 AM ET

    *Vallourec warns of impairment, shares fall 5.5 pct. LONDON/ PARIS, Jan 29- Weak corporate updates pegged back European shares on Thursday, as the effects of a recent rout in oil prices knocked back heavyweight energy firms. France's Vallourec featured among the main losers, falling 5.5 percent after the steel pipes maker warned of an impairment charge of 1.0- 1.2...

  • ZURICH, Jan 29- The world's biggest fragrance and flavour maker Givaudan said a challenging business environment meant sales growth this year would likely stay on a similar level to 2014, below the target range it has given for 2010-2015.. Underlying sales grew 3.7 percent last year, below Givaudan's mid-term target of 4.5-5.5 percent growth, to 4.4 billion...

  • *Greece concerns weigh on Europe, Athens stocks up. LONDON, Jan 29- Stocks fell in Europe and Asia and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signaled it was on track to raise interest rates this year. Greece, where a radical leftist prime minister took over on Monday, also kept investors...

  • MUMBAI, Jan 29- India's decision to drop a tax dispute with Vodafone Group Plc is likely to mean relief for Royal Dutch Shell PLC and others caught in similar, protracted battles, as the government tries to attract much-needed foreign investment. Late on Wednesday, India's government said it would not appeal a regional court ruling in favour of Vodafone, the...

  • European shares fall; Vallourec sinks after warning Thursday, 29 Jan 2015 | 4:05 AM ET

    *Vallourec warns of 1- 1.2 bln euro impairment, shares fall 6 pct. Vallourec featured among the top losers, falling 6 percent after the steel pipes maker warned of an impairment charge of 1.0- 1.2 billion euros on the value of its assets, blaming turmoil in the oil market. Also, Vallourec has not impaired anything in the U.S., whereas market conditions are deteriorating...

  • ZURICH, Jan 29- The world's biggest fragrance and flavor maker Givaudan confirmed its mid-term guidance for up to 5.5 percent sales growth after net profit rose 15 percent last year, helped by higher sales in emerging markets and cost cuts. The Geneva- based firm and its peers have been benefiting from strong demand for their products in emerging markets, where...

  • MISRATA, Libya, Jan 29- A power struggle between two rival governments that threatens to tear Libya apart has started to take its toll on Misrata, an important shipping and industrial hub that had shrugged off the turmoil until now. Oil production has collapsed to a fifth of what Libya used to pump before the NATO- backed uprising, while wheat imports and other...

  • *Gazprom cannot afford to lose Ukraine. MOSCOW/ KIEV, Jan 28- Ukraine has a stronger hand to play at talks with Russia on gas supplies thanks to the fall in oil prices, which has dragged down gas prices, and after showing it can live on less. Although a milder winter and a scramble for other sources has shown Ukraine can survive with less gas from Russia, it still needs it to...

  • *CEO says Roche committed to Switzerland despite franc rise. While cross-town rival Novartis has said it will review its Swiss cost base, Roche Chief Executive Severin Schwan said his company had no plans to move operations. "I continue to believe that Switzerland and Basel offer a very good framework for our business," Schwan told reporters.

  • Putin eyes benefits as rebels gain in Ukraine Wednesday, 28 Jan 2015 | 5:09 AM ET

    *Fighting has surged in eastern Ukraine. *Putin blames Kiev but could see gains. MOSCOW, Jan 28- Boxed into a corner by a financial crisis and the West's refusal to drop sanctions over the conflict in Ukraine, Russian President Vladimir Putin has come out fighting.

  • *Citigroup says spot price could drop to $53 later in year. *China steel output seen slipping in 2015. SINGAPORE, Jan 28- A deepening iron ore glut and worries over a sharper economic slowdown in top buyer China will drive the average 2015 price for the steelmaking ingredient to a record low, a Reuters poll showed.

  • The case for buying negative yield bonds Tuesday, 27 Jan 2015 | 8:25 PM ET

    Buying negative-yield bonds -- or paying for the privilege of lending money -- may look like a sucker's game, but some see the opportunity for profits.

  • Ace tops Street 4Q forecasts Tuesday, 27 Jan 2015 | 4:27 PM ET

    ZURICH _ Ace Ltd. on Tuesday reported fourth-quarter profit of $555 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share. Analysts expected $4.52 billion, according to Zacks.

  • Donors pledge record $7.5B for global vaccines program Tuesday, 27 Jan 2015 | 1:58 PM ET

    BERLIN— Governments and private donors, among them the Bill and Melinda Gates Foundation, have pledged a record $7.5 billion to replenish a global vaccination program for the poor. The Gates Foundation gave $1.55 billion to the public-private Gavi alliance that has immunized hundreds of millions of children worldwide since 2000.. Britain pledged $1.57...

  • *Ericsson and Philips fall after weak updates. LONDON, Jan 27- Renewed concern over Greece and weak results at companies such as Siemens and Philips halted a winning run on European stock markets on Tuesday. The euro zone's blue-chip Euro STOXX 50 index also declined 1.4 percent after a similar eight-day winning streak.

  • *Ericsson and Philips fall after weak updates. LONDON, Jan 27- Renewed concern over Greece and weak figures from leading companies such as Siemens and Philips halted a winning run on European stock markets on Tuesday. The benchmark Athens ATG equity index fell 3.6 percent and Greece's borrowing costs rose.

  • Swiss drug maker Novartis posts Q4 profit drop Tuesday, 27 Jan 2015 | 3:36 AM ET

    BERLIN— Swiss pharmaceutical giant Novartis AG says fourth quarter net income dropped 26 percent but the company still posted a healthy 2014 annual profit. The Basel, Switzerland- based company said Tuesday that fourth quarter net income came in at $1.49 billion, down from $2 billion in the same quarter the year before excluding its blood-transfusion...

  • *Core EPS $1.21 vs $1.18 forecast in Reuters poll. ZURICH, Jan 27- Swiss drugmaker Novartis forecast sales and profits to grow at a faster pace this year as recent drug successes and its portfolio overhaul help it weather the impact of generic competition. Novartis unveiled a transformative series of deals last year which will see it focus on a smaller number of...

  • Why Denmark won’t ‘pull a Switzerland’ Monday, 26 Jan 2015 | 5:44 PM ET
    A Danish two krone coin

    After Switzerland's surprise move to unpeg its franc, speculators are eyeing Denmark's currency peg, but the Danes likely won't follow suit, analysts say.