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  • Missing flight is 3rd Malaysia-linked incident Sunday, 28 Dec 2014 | 4:13 AM ET

    JAKARTA, Indonesia— The disappearance Sunday of AirAsia Flight 8501 was the third air incident this year involving Malaysia, where budget carrier AirAsia in based. Here's a look at the two other disasters, as well as the latest missing flight, which went missing with 162 people aboard less than an hour after taking off from Surabaya, Indonesia, for Singapore.

  • LONDON, Dec 24- Brent oil fell on Wednesday, trading around $60 per barrel weighed down by strong supply in the United States and a rising dollar. Brent for February delivery was down $1.50 to $60.19 at 1327 GMT after gaining $1.58 on Tuesday. In Europe, gasoline stocks reached their highest in five months in the Amsterdam- Rotterdam- Antwerp oil hub, data from PJK...

  • 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...

  • 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...

  • *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.

  • *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...

  • *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.

  • 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...

  • 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.