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  • *Eurogroup chief says Greece needs loans, no time for referendum. But the head of euro zone finance ministers said Greece needed loans urgently and did not have time for such a vote, which would be a costly and destabilising distraction. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands...

  • Yandex posts 1Q profit Tuesday, 28 Apr 2015 | 6:39 AM ET

    THE HAGUE, Netherlands _ Yandex NV on Tuesday reported first-quarter profit of $36.4 million. The The Hague, Netherlands- based company said it had profit of 11 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON— President Barack Obama welcomed Japanese Prime Minister Shinzo Abe Tuesday with full pomp and ceremony on a bright, dewy morning at the White House, calling the state visit a "celebration of the ties of friendship" and praising the alliance the U.S. and Japan have built over time. "Prime Minister Abe is leading Japan to a new role in the world stage," Obama...

  • Chicago Bridge & Iron beats 1Q profit forecasts Thursday, 23 Apr 2015 | 4:51 PM ET

    THE HAGUE, Netherlands _ Chicago Bridge& Iron Co. on Thursday reported first-quarter profit of $132.2 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Chicago Bridge& Iron shares have risen 22 percent since the beginning of the year.

  • Core Laboratories misses 1Q profit forecasts Wednesday, 22 Apr 2015 | 4:45 PM ET

    AMSTERDAM _ Core Laboratories NV on Wednesday reported first-quarter profit of $31.4 million. For the current quarter ending in June, Core Laboratories said it expects revenue in the range of $192 million to $202 million. Core Laboratories shares have dropped slightly more than 5 percent since the beginning of the year.

  • Heineken says beer sales rose 2.2 percent in 1st quarter Wednesday, 22 Apr 2015 | 5:09 AM ET

    AMSTERDAM— Dutch brewer Heineken NV says it sold 2.2 percent more beer in the first quarter of 2015 compared with a year earlier, thanks to growth in Asia and the Americas. Net profit for the quarter soared to 579 million euros from 143 million euros a year ago, but included an extraordinary gain of 375 million euros from the sale of Mexican packaging unit Empaque.

  • Transport chaos as public sector strike hits Brussels Wednesday, 22 Apr 2015 | 2:22 AM ET

    BRUSSELS— Much of the transport in Europe's capital, Brussels, came to a halt Wednesday as public sector workers held a one-day strike over Belgian government austerity measures. The big Brussels Nord station was fully closed and the trains to Brussels from Paris and London were also severely affected, although those between London and Paris were running as...

  • *Deutsche Bank could value Postbank at around 3.6 billion euros. FRANKFURT, April 21- Postbank is a low-profit retail banking network in need of restructuring but current owner Deutsche Bank may discover plenty of potential buyers prepared to look beyond the blemishes of the German chain. Selling Postbank on the stock market instead of directly to a strategic...

  • Vacationers to Europe will fare better with the average ticket down 3 percent to $1,619, about $50 less than last summer. Flights to Hawaii, Florida and New Orleans are cheaper, but travelers heading to New York, Denver and San Francisco can expect to pay more. Overall fares are down but it will cost more this summer to fly to cities like Amsterdam; London; Budapest,...

  • Dutch launch criminal investigation into Uber Friday, 17 Apr 2015 | 9:37 AM ET

    AMSTERDAM, April 17- Dutch prosecutors launched a criminal investigation into Uber for providing an illegal taxi service in violation of a court order, a statement said on Friday. It ordered Uber to stop offering it under threat of a 100,000 euro fine. Dutch prosecutors, who raided Uber's offices in March, said they were starting an inquiry after police in...

  • Schlumberger is cutting another 11,000 jobs, bringing the total to 20,000 this year, as slumping oil prices squeeze the world's largest oilfield services companies. Schlumberger's profit tumbled 39 percent in the first quarter with oil companies cutting back on production in North America. Schlumberger has slashed spending to adapt, yet the fall-off has...

  • Schlumberger beats 1Q profit forecasts Thursday, 16 Apr 2015 | 4:13 PM ET

    THE HAGUE, Netherlands _ Schlumberger NV on Thursday reported first-quarter profit of $975 million. The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share. Fifteen analysts surveyed by Zacks expected $10.67 billion.

  • LONDON, April 16- BP shareholders voted overwhelmingly on Thursday to publish regular updates on how its strategies were affecting climate change from next year, making it one of the first global oil companies to disclose such details. Some of BP's top 20 shareholders including Norway's sovereign wealth fund, Schroders and AXA Investment Management, had...

  • AMSTERDAM, April 16- Chief Executive Sergio Marchionne wants Fiat Chrysler Automobiles to play a key role in a consolidation of the global auto industry which he sees as inevitable to manage prohibitive capital costs. Speaking on Thursday to shareholders in Amsterdam, away from Fiat's historic roots in Turin and Chrysler's in Detroit, Marchionne said: "We...

  • Airbus plans exceptional 10 pct buyback, new legal status Wednesday, 15 Apr 2015 | 5:23 PM ET

    PARIS, April 15- Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday. Airbus is also pressing ahead with previously announced plans to adopt " European Company" status. Holding company Airbus Group N.V. would be renamed Airbus Group SE and...

  • 4 ways a surging dollar rattles world economies, markets Wednesday, 15 Apr 2015 | 11:28 AM ET

    WASHINGTON— The U.S. dollar hasn't been on a roll like this since Ronald Reagan sat in the White House and "Raiders of the Lost Ark" ruled the box office. Delta Air Lines said Wednesday that the strong dollar is hurting ticket sales in some foreign markets and announced plans to pull back international service, primarily in Japan, Brazil, India, Africa and the Middle...

  • AMSTERDAM, April 14- The Dutch government said it would immediately implement a court order to halt production in part of Europe's largest gas field after a ruling that raised industry concerns of further output curbs because of safety fears over earthquakes. In a preliminary ruling on Tuesday, the Council of State ordered the government to a halt production...

  • AMSTERDAM, April 14- A Dutch court halted production in part of Europe's largest gas field in the province of Groningen, raising industry concerns that further curbs could be ordered because of safety fears over earthquakes. In a preliminary ruling on Tuesday, the Council of State said it would order a halt to production around the village of Loppersum in the...

  • Anthony Conti, a onetime senior trader at the Dutch lender based in London and Utrecht, Netherlands, became the second defendant to waive extradition and appear in Manhattan federal court to fight U.S. charges over Libor manipulation. He will face a jury trial on Oct. 5 alongside another ex-Rabobank employee, Anthony Allen, a U.K. citizen who was the bank's former...

  • After Greece made a crucial repayment to the International Monetary Fund, yields on 10 year Greek bonds fell to 11.17 percent, their lowest this month, on relief that the cash-strapped country had not, for now at least, run out of money. Spain sold 1.28 billion euros of its 30- year bond at an average yield of 2.068 percent, with demand outstripping offers by 1.4 times,...