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  • Police arrest 118 globally for flight ticket fraud Friday, 28 Nov 2014 | 8:38 AM ET

    THE HAGUE, Netherlands— Police around the world have arrested 118 suspects in a global investigation into online fraud that targets the travel industry, a crime said to cost airlines $1 billion a year. European Union police coordination agency Europol said the arrests were made during two days of coordinated action this week at more than 80 airports in 45...

  • Global air ticket fraud sweep nets 118 arrests Friday, 28 Nov 2014 | 8:05 AM ET

    AMSTERDAM, Nov 28- More than 100 people were arrested worldwide this week after an investigation spanning 45 countries into the use of stolen credit cards to buy plane tickets, European police agency Europol said on Friday. The probe, run from Europol's headquarters in The Hague as well as from Singapore and Bogota, Colombia, was aimed at curbing a type of crime...

  • Germany's DAX extends rally; OPEC sinks energy firms Thursday, 27 Nov 2014 | 10:32 AM ET

    *Energy shares under pressure as OPEC maintains supply. LONDON, Nov 27- European shares rose on Thursday led by the German DAX, which extended its recent sharp rally on the back of encouraging data and expectations of further stimulus measures from the European Central Bank. At the same time weak inflation data raised again the spectre of deflation in the region,...

  • European shares rise, boosted by Germany's DAX Thursday, 27 Nov 2014 | 7:34 AM ET

    *Energy shares under pressure ahead of OPEC meeting. LONDON, Nov 27- European shares rose on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. At the same time Spanish and Italian stocks rose as expectations mounted that the European Central Bank would buy bonds.

  • *Energy shares under pressure ahead of OPEC meeting. PARIS, Nov 27- European shares inched up in early trade on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. "The results are better-than-expected, thanks to sales from its liquor and spirits division, as well as better...

  • Dutch seek to harness energy from salt water mix Wednesday, 26 Nov 2014 | 7:47 AM ET

    AMSTERDAM— Dutch researchers are seeking to add a new, largely untapped renewable energy source to the world's energy mix with the opening of a "Blue Energy" test facility on Wednesday. Rik Siebers of REDstack BV, the company overseeing the project, said the goal is to improve the technology to the point where it will be profitable to build blue energy plants...

  • *FTSEurofirst 300, Euro STOXX 50 both flat. The euro zone Euro STOXX 50 was flat at 3,212.26 points. "A small pullback from here towards 3,190 is normal," said Roelof-Jan van den Akker, a senior technical analyst an ING in Amsterdam.

  • ING to cut 1,700 jobs, take $400 million charge Tuesday, 25 Nov 2014 | 3:31 AM ET

    AMSTERDAM— ING Group NV, the Dutch bank, says it will cut 1,700 jobs, or 2.7 percent of its workforce, to cut costs. ING said the cuts are part of a move to expand its digital banking operations and jobs will be lost "at the headquarters of ING Retail Banking and in the back offices, call centers and IT departments." Earlier this month, ING paid back the last of a 10 billion euro...

  • Euro zone indexes pause after two-day rise Tuesday, 25 Nov 2014 | 3:15 AM ET

    LONDON, Nov 25- Euro zone shares marked time on Tuesday after a two-day rise that left some key regional indexes in "overbought" territory on a technical basis. Germany's DAX was up 0.1 percent while France's CAC was flat. "The market was pretty' overbought' so a small pullback from here towards 3,190 is normal," said Roelof-Jan van den Akker, a senior technical analyst...

  • AMSTERDAM, Nov 24- ASML, the world's largest maker of lithograpy machines for the semiconductor industry pushed back its sales growth goal on Monday in a belated recognition of the struggle it has been having in commercialising its next generation of products. "We believe the market was looking for ASML to reach the disclosed financial targets by 2018," ING...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum Exporting...

  • *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose more than $2 to above $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production. The rate cut added to a positive mood among oil traders, many of whom expected an agreement by the Organization of the Petroleum...

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose to near $81 a barrel on Friday after China cut interest rates and on speculation that OPEC could agree next week to reduce oil production.

  • *Libya and Ecuador also call for lower OPEC output. *Market beginning to expect OPEC cut, analysts say. LONDON, Nov 21- Brent crude oil rose above $80 a barrel on Friday after China cut interest rates and on speculation OPEC could agree next week to reduce oil production.

  • New bird flu cluster identified in Netherlands Friday, 21 Nov 2014 | 6:12 AM ET

    AMSTERDAM— Dutch authorities Friday said they will slaughter poultry at a cluster of three farms after new cases of bird flu were found in the town of Kamperveen, in the third outbreak in the Netherlands this week. A new infection was detected Friday morning at a chicken farm in Kamperveen, roughly a hundred kilometers away from the previous infections, the...

  • *Libya and Ecuador also call for lower OPEC output. LONDON, Nov 21- Brent crude oil rose towards $80 a barrel on Friday on speculation OPEC could agree output cuts at a meeting next week, with strong U.S. economic data also bolstering prices. Libya and Ecuador have also called for OPEC to cut output.

  • Dutch move 122 tons of gold out of US Friday, 21 Nov 2014 | 3:17 AM ET

    AMSTERDAM— The Dutch Central Bank says it has recently shipped 122.5 tons of gold worth around 4 billion euros from safekeeping in New York back to its headquarters in Amsterdam. In a statement Friday morning the bank said that its 612.5- ton national gold reserve is now divided 31 percent in Amsterdam, 31 percent in New York, 20 percent in Ottawa, Canada and 18...

  • AirAsia to launch Southeast Asian air pass Thursday, 20 Nov 2014 | 5:53 AM ET

    KUALA LUMPUR, Malaysia— Budget carrier AirAsia said Thursday it will launch a regional air pass next year to increase revenue and boost tourism in Southeast Asia, taking competition in low-cost air travel to a more intense level. AirAsia, which has dominated cheap travel in the region for years, faces rising competition from the proliferation of discounts...

  • Shell Nigeria denies it lied to Dutch court Tuesday, 18 Nov 2014 | 12:19 PM ET

    ABUJA, Nigeria— Shell Nigeria denies it lied to a Dutch court in The Hague about oil pollution in the Niger Delta. "We dismiss any suggestion that SPDC has knowingly continued to use a pipeline that is not safe to operate," a spokesperson for the Shell Petroleum Development Company of Nigeria Ltd told The Associated Press on Tuesday. "Shell has repeatedly surpassed...

  • Dutch admit prepping for eurozone breakup in 2012 Tuesday, 18 Nov 2014 | 11:53 AM ET

    AMSTERDAM— Dutch Finance Minister Jeroen Dijsselbloem has acknowledged that the Dutch government drew up plans for what to do if the single European currency had collapsed during the summer of 2012.. In an interview with RTL television on Tuesday, Dijsselbloem said there was a plan to return to the Dutch guilder in a worst case scenario. He said: "There were...