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  • Shell: oil drop yet to have full impact on profits Thursday, 30 Oct 2014 | 3:53 AM ET

    AMSTERDAM— Shell, Europe's largest oil producer, reported a dip in third quarter profit on Thursday, but said it has yet to feel the full impact of the recent slide in oil prices. As the company reported a 4.5 percent dip in third-quarter net profit, to $4.46 billion, Chief Financial Officer Simon Henry warned that the period's figures reflect only a third of the oil...

  • Dutch media startup lands investment from NYT Monday, 27 Oct 2014 | 7:37 AM ET

    AMSTERDAM— A Dutch startup that sells news on a per-article basis has landed a 3 million euro investment from The New York Times and the German publishing house Axel Springer SE. Blender founder Alexander Klopping says his company will use the money to fund an international rollout. The service enjoyed early success in the Netherlands as almost all major...

  • Shares in TNT Express hit lows after Q3 loss Monday, 27 Oct 2014 | 6:45 AM ET

    AMSTERDAM— Shares in TNT Express NV, one of Europe's largest package delivery companies, have slumped to all-time lows after the company reported a 56 million euro loss for the third quarter. The loss, which compares with profit of 6 million euros in the same period a year earlier, includes a 50 million euro provision for likely fines from a price-fixing...

  • BUSINESS-NEWS-SCHEDULE AT 0930 GMT /5.30 AM ET Monday, 27 Oct 2014 | 6:02 AM ET

    Monte dei Paschi drags Europe's banks lower post-stress test. LONDON- Italy's Monte dei Paschi slumps after having the biggest capital hole to fill in a health check of European banks that was generally seen as good news for the sector. BERLIN- German business sentiment darkens in October for a sixth month running, hitting its lowest level in almost two years and...

  • Chicago Bridge & Iron beats 3Q profit forecasts Thursday, 23 Oct 2014 | 4:45 PM ET

    THE HAGUE, Netherlands _ Chicago Bridge& Iron Co. on Thursday reported third-quarter earnings of $161.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share. Analysts expected $3.45 billion, according to Zacks.

  • Yandex posts 3Q profit Thursday, 23 Oct 2014 | 11:10 AM ET

    THE HAGUE, Netherlands _ Yandex NV on Thursday reported earnings of $111 million in its third quarter. On a per-share basis, the The Hague, Netherlands- based company said it had net income of 34 cents. Yandex shares have dropped 35 percent since the beginning of the year.

  • Unilever: prices falling in Europe, China weak Thursday, 23 Oct 2014 | 3:05 AM ET

    AMSTERDAM— Unilever PLC, the maker of consumer products including Dove soaps, Lipton teas and Ben& Jerry's ice cream, says it saw price deflation in Europe's largest markets in the third quarter. The company said it saw price deflation in many markets across Europe, including Germany, France and Britain. Unilever said growth is slowing in emerging markets.

  • Heineken reports lower third quarter earnings Wednesday, 22 Oct 2014 | 3:10 AM ET

    AMSTERDAM— Heineken NV says poor weather and weak economies in Europe dragged its third quarter earnings lower, though sales in developing markets grew strongly. The Dutch brewer Wednesday reported net profit of 460 million euros, from 483 million euros in the same quarter last year. In Eastern Europe revenues fell 8.5 percent, while in the Americas they grew 2...

  • UPDATE 4-Oil slips below $86 on global oversupply Monday, 20 Oct 2014 | 7:58 AM ET

    *OPEC ministers due to meet in Vienna on Nov. 27. Abundant global oil supplies, particularly of very high quality, light oil, coupled with a gloomy economic outlook from Europe to China pushed Brent last week below $83, to its lowest since 2010. Oil prices are down more than 25 percent since June. Saudi Arabia, Kuwait and Iran have all indicated reluctance to change...

  • Shares in Dutch feed company Nutreco surge Monday, 20 Oct 2014 | 5:23 AM ET

    AMSTERDAM— Shares in Dutch animal and fish feed supplier Nutreco NV have surged after the company announced a management-backed 2.69 billion takeover offer from privately-owned trading company SHV Holdings. SHV's 40- euro per share cash offer for Nutreco represents a 42- percent premium to shares' closing price Friday. Nutreco CEO Knut Nesse said Monday...

  • Philips posts 3rd quarter loss Monday, 20 Oct 2014 | 2:55 AM ET

    AMSTERDAM— Royal Philips NV, the world's largest lighting maker, has reported a 104 million-euro loss for the third quarter, mostly due to a one-off charge after losing a patent infringement lawsuit against Masimo Corp. of the U.S. The loss compares with net profit of 282 million euros in the same period a year earlier, but includes the $466 million award a U.S. jury...

  • Rules vary about travel to countries hit by Ebola Friday, 17 Oct 2014 | 4:32 PM ET

    Demands are rising in Washington for the U.S. to ban travelers from countries in West Africa, but the Obama administration is resisting and says the screening measures already in place for travelers are more effective. There are no direct flights from Liberia, Guinea or Sierra Leone to the U.S. No direct flights from the three affected countries to London's...

  • *Gulf of Oman port bids to become transhipment centre for region. Instead they can have goods delivered to a port in Oman, outside the Gulf, and bring them into the region by road. The cheeky advertisement has been posted by Sohar Port and Freezone, an ambitious facility on Oman's northern coast about 200 kilometres to the southeast of Dubai.

  • Fiat Chrysler crowns merger with Wall Street debut Sunday, 12 Oct 2014 | 6:29 AM ET

    *FCA trading on NYSE opens 1330 GMT Monday, followed by Milan. *Wall Street debut comes at difficult time for auto industry. MILAN, Oct 12- Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's centre of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio...

  • LONDON/ PARIS, Oct 9- Britain, Germany and the Netherlands have asked prospective buyers for their jointly-owned nuclear fuel enrichment firm Urenco to submit indicative bids by year-end, sources familiar with the process said. France's Areva, Japan's Toshiba, a consortium led by former boss Patrick Upson and a number of private equity firms are expected to...

  • MOSCOW, Oct 9- Russia will appeal against a decision by Europe's top human rights court to award shareholders in Yukos 1.9 billion euros by the end of this month, RIA news agency quoted Justice Minister Alexander Konovalov as saying on Thursday. In July, the European Court of Human Rights found that Russia had failed to "strike a fair balance" in its treatment of...

  • LONDON, Oct 8- Record low inflation expectations are reinforcing a two-year-old rally in euro zone bonds as they keep alive bets on further monetary easing despite signals from the European Central Bank that it's in no hurry to do more. Bonds sold off last week after ECB President Mario Draghi gave no hint that a big programme of sovereign bond buying, known as...

  • Oct 1- A federal jury on Wednesday said Philips Electronics NA should pay $466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed 12.9 percent higher, rising $2.74 to $24.02 on the Nasdaq. Jurors in Wilmington, Delaware needed less than a day of deliberations...

  • Oct 1- A federal jury on Wednesday said Philips Electronics NA should pay $466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed 12.9 percent higher, rising $2.74 to $24.02 on the Nasdaq. Jurors in Wilmington, Delaware needed less than a day of deliberations...

  • Mercuria's third founder: China head eyes long game Sunday, 28 Sep 2014 | 5:00 PM ET

    BEIJING, Sept 29- The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.