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  • Philips to buy US medical imaging firm Volcano Wednesday, 17 Dec 2014 | 2:17 AM ET

    AMSTERDAM— Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion in a deal that would beef up its presence in technology which allows doctors to see inside patients' hearts and veins during treatment. In an agreement backed by Volcano's management, Philips will offer $1 billion for Volcano's stock,...

  • Dutch watchdog demands privacy changes from Google Monday, 15 Dec 2014 | 9:32 AM ET

    THE HAGUE, Netherlands— A Dutch privacy watchdog on Monday ordered Google to make changes to the way it handles users' personal data or face fines of up to 15 million euros. The College for the Protection of Personal Data announced it is giving the Internet giant until the end of February to comply with measures aimed at giving consumers in the Netherlands more...

  • The backlog to remove aluminium from Detroit, the most acutely impacted location, shrank by 30 days to 641 days, while the wait to remove other metals stuck behind the wall of aluminium fell from 111 to 93 days. A "flash" queue to load out zinc at New Orleans, meanwhile, almost disappeared in November, dwindling to just 10 days from 71 days at the end of September.

  • BRUSSELS, Dec 13- Hacking of computers at Belgian telecoms firm Belgacom, alleged to have been carried out by a British spy agency, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday. News of the intrusion into Belgacom's networks first broke late last year when Belgium asked...

  • Uber French ruling latest in series of challenges Friday, 12 Dec 2014 | 12:58 PM ET

    A judge ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said this week in a preliminary ruling that Uber drivers lacked proper permits to transport passengers in Spain. The suspension was sought by Madrid's Taxi Association, which is planning legal action against Uber.

  • UPDATE 11-Oil tumbles towards $62 on supply glut Friday, 12 Dec 2014 | 10:09 AM ET

    LONDON, Dec 12- Oil fell to fresh lows not seen since July 2009 on Friday with Brent crude slipping towards $62 a barrel on concerns over a global supply glut and weak demand. The International Energy Agency said oil prices would likely come under further pressure, cutting its outlook for demand growth in 2015 and predicting that non- OPEC output gains would...

  • *China monthly crude output, refinery data eyed. LONDON, Dec 12- Oil's rout extended on Friday, with Brent crude slipping towards $62 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and weak demand outlook. Oil prices will likely come under further downward pressure, the International Energy Agency said as it cut its outlook for...

  • *China monthly crude output, refinery data eyed. LONDON, Dec 12- Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and weak demand outlook. Oil prices will likely come under further downward pressure, the International Energy Agency said as it cut its outlook for demand growth in 2015...

  • French court says Uber may infringe on taxi law Friday, 12 Dec 2014 | 6:23 AM ET

    A judge ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said this week in a preliminary ruling that Uber drivers lacked proper permits to transport passengers in Spain. The suspension was sought by Madrid's Taxi Association, which says it is planning legal action against Uber.

  • *China monthly crude output, refinery data eyed. LONDON, Dec 12- Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and a sluggish demand outlook. Oil prices will likely come under further downward pressure, the International Energy Agency said as it cut its outlook for demand growth in...

  • *China monthly crude output, refinery data eyed. LONDON, Dec 12- Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, dragged down by persistent concerns over a global supply glut and a sluggish demand outlook. Oil prices will likely come under further downward pressure, the International Energy Agency said as it cut its outlook for...

  • LONDON, Dec 12- Brent crude oil slipped on Friday to $63 a barrel, its lowest since July 2009, dragged down by persistent concerns over a global supply glut and a sluggish demand outlook. The market has reacted strongly to the OPEC forecast cut, and it is focusing only on the negative, "said Hans van Cleef, senior energy economist at ABN Amro in Amsterdam.

  • Last call for sleeper trains linking Berlin, Paris Friday, 12 Dec 2014 | 1:56 AM ET

    It's the sleeper train from Paris, 20 minutes late. German railway company Deutsche Bahn is ending the sleeper service between Paris and Berlin this week, citing unsustainable losses. A mid-week journey from Berlin to Paris by night train costs from 70 euros and takes 12 hours.

  • *Indonesia Nov refined tin shipments fall to 8- yr low. KUALA LUMPUR/ LONDON, Dec 11- Aluminium slipped while some other base metals eked out modest gains on Thursday after diverging signals about global growth from China and the United States. "I think the macro outlook is dire in a general sense, so that's why I think we're drifting lower," said trader Tom Laverman at...

  • *Indonesia Nov refined tin shipments fall to 8- yr low. KUALA LUMPUR/ LONDON, Dec 11- Aluminium touched an eight-week low and most other base metals also fell on Thursday on concerns about global growth after Chinese officials warned that the economy of the top metals consumer was vulnerable to more weakness. "I think the macro outlook is dire in a general sense, so...

  • *Indonesia Nov refined tin shipments fall to 8- yr low. KUALA LUMPUR/ LONDON, Dec 11- Aluminum touched an eight-week low and most other base metals also fell on Thursday on concerns about global growth after Chinese officials warned that the economy of the top metals consumer was vulnerable to more weakness. "I think the macro outlook is dire in a general sense, so...

  • European Union licks envelope cartel Thursday, 11 Dec 2014 | 7:30 AM ET

    AMSTERDAM— The European Commission's top competition regulator has unveiled a settlement with five envelope-makers, fining them a total of 19.4 million euros for forming a cartel. Competition Commissioner Margrethe Vestager said Thursday the fines levied against Sweden's Bong, France's GPV and Hamelin, Germany's Mayer-Kuvert and Spain's Tompla would...

  • *Maximum fine of 100,000 euros for violation of ban. THE HAGUE, Dec 8- Uber, the fast-growing online car sharing service, has been banned from taking bookings in the Netherlands via its smartphone app where it could face fines of up to 100,000 euros. Uber, which was been valued at around $40 billion ahead of a planned IPO, could be fined a total of 100,000 euros.

  • Uber loses preliminary suit in Netherlands Monday, 8 Dec 2014 | 6:21 AM ET

    AMSTERDAM— A Dutch court has ruled in a preliminary judgment that Uber, the ride-sharing service, must stop working with drivers who charge fares but do not possess a taxi license. The Commerical Appeals Court in The Hague sided with the Ministry of Transportation that Uber's "UberPop" service violates current taxi laws, which are under review.

  • LISBON, Dec 5- Telecoms group Altice's plan to buy the Portuguese operations of Brazil's Oi for 7.4 billion euros depends on winning the backing of shareholders in Portugal Telecom SGPS, the holding company which owns 25.6 percent of Oi, a spokesman for Portugal Telecom said. Lisbon- listed Portugal Telecom SGPS is the target of a 1.2 billion-euro takeover offer...