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Netherlands

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  • AMSTERDAM, March 27- A major power outage hit large parts of Amsterdam and the surrounding province of North Holland on Friday, prompting the cancellation of all flights to and from the city's Schiphol airport. The outage was caused by a "technical fault" at a substation in the Amsterdam suburb of Diemen, it said on its Twitter feed. Frankfurt airport operator...

  • AMSTERDAM AIRPORT SCHIPHOL CANCELS FLIGHTS AFTER MAJOR POWER OUTAGE- AIRPORT SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage, which covered large parts of the province of North Holland including the nearby broadcasting centre of Hilversum, was caused by a fault at a high-voltage electricity...

  • AMSTERDAM, March 27- A major power outage hit the Dutch capital Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage covered large parts of the province of North Holland, including the nearby broadcasting centre of Hilversum. Schiphol airport had a temporary outage...

  • MAJOR POWER OUTAGE HITS DUTCH CAPITAL AMSTERDAM, SURROUNDING AREAS.

  • AMSTERDAM, March 26- A Dutch regulatory agency raided the Amsterdam offices of taxi hailing service Uber on Thursday in connection with its UberPOP unit after a court deemed it illegal in December. Amsterdam newspaper Het Parool reported the company saying the raid was a "warning to international start-ups, technology companies and multinationals that...

  • LONDON, March 26- From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. Investment in fintech firms in Britain and Ireland swelled to $623 million last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by...

  • *Market cautious on developments in Yemen; oil firms gain. TOKYO, March 26- Japan's Nikkei share average dropped on Thursday as investors sold semi-conductor and other hi-tech shares after their U.S. peers were sold off sharply following soft U.S. economic data. News that Saudi Arabia and Gulf Arab countries had launched military operations in Yemen to beat back...

  • Nikkei tumbles as semi-conductor shares take hit Wednesday, 25 Mar 2015 | 10:34 PM ET

    *Market cautious on developments in Yemen; oil firms gain. TOKYO, March 26- Japan's Nikkei share average dropped on Thursday as investors sold semi-conductor and other hi-tech shares after their U.S. peers were sold off sharply following soft U.S. economic data. Oil-related shares bucked the trend and rose 1.0 percent as oil prices firmed after Saudi Arabia and...

  • *Bailout fund to consider returning 1.2 bln euros to Greece. ATHENS/ BERLIN, March 24- Greece risks running out of cash by April 20 unless it secures fresh aid, a source familiar with the matter told Reuters on Tuesday, leaving little time to convince sceptical creditors it is committed to economic reform. After talks with EU leaders including German Chancellor...

  • That's much longer than the warnings on traditional cigarette packs in the United States. Nicotine can increase your heart rate and blood pressure and cause dizziness, nausea and stomach pain, "says MarkTen, a leading brand in the United States. There is no required health warning on electronic cigarettes in the United States, so "we had to do what we thought was...

  • BERLIN/ LONDON, March 22- Driven by the demands of a new plugged-in generation seeking "authentic" travel experiences with a local feel, the world's biggest hoteliers are moving into a new sector in Europe- the "lifestyle" boutique hotel. After many years focused on baby boomers and business travellers, brands such as Marriott, Hilton, Starwood and InterContinental...

  • FRANKFURT, March 19- A pilots strike grounded more than half of Lufthansa's lucrative long-haul flights on Thursday, the latest action to pressure management in a protracted row over early retirement benefits and cost cuts. Lufthansa is trying to cut costs to levels nearer those of its rivals as it is squeezed by budget carriers Ryanair and easyJet on European...

  • FRANKFURT, March 18- A German court on Wednesday banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws by the pioneering online taxi firm. Born out of the frustration of two Silicon Valley entreprenuers trying to catch a cab in Paris, Uber's popular mobile phone taxi-hailing services have...

  • *Greece could run out of cash within weeks. ATHENS, March 17- Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week's EU summit, a Greek official said on Tuesday, as Athens insisted it would not be' blackmailed' over its debt crisis. With tensions still running high, Greece...

  • AMSTERDAM, March 17- Eurogroup head Jeroen Dijsselbloem repeated on Tuesday that Greece is running out of cash and must work on economic reforms if it hopes to receive further assistance, prompting Athens to respond that it would not let itself be blackmailed. Asked whether he thought Greece was stalling for time, Dijsselbloem, the Dutchman who chairs the group...

  • March 13- Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Herbalife's shares rose more than 15 percent after the Wall Street Journal reported late on Thursday that federal prosecutors and...

  • The investor, who is short on Herbalife's shares, said he could not be certain if these people had made false statements to regulators about the company's business model. Ackman has been betting against Herbalife's shares since 2012, claiming the company is a pyramid scheme- where new investors unwittingly fund the profits of older investors.

  • WASHINGTON, March 12- Commerzbank AG has agreed to pay U.S. authorities $1.45 billion to resolve sanctions and other violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan. Commerzbank is the latest in a series of big foreign banks that have been penalized for sanctions-related...

  • WASHINGTON, March 12- Commerzbank AG has agreed to pay U.S. authorities $1.45 billion to resolve sanctions violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan. Commerzbank is the latest in a series of big foreign banks that have been penalized for sanctions-related...