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  • Spanish and Greek concerns peg back European shares Tuesday, 26 May 2015 | 6:45 AM ET

    *Ryanair's shares rise after airline's profits surge. LONDON, May 26- European stock markets stumbled on Tuesday, as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares. Irish airline Ryanair surged 6.3 percent after posting higher profits.

  • FRANKFURT, May 26- German exchange operator Deutsche Boerse is set to unveil a joint venture with Shanghai Stock Exchange and China Financial Futures Exchange aimed at easing European investors' access to Chinese shares and ETFs, two people familiar with the plans said. "A central goal for Deutsche Boerse is to expand its cooperation with China," one of the people...

  • BERLIN/ BRUSSELS, May 26- A senior German official said on Tuesday there was no reason to believe Greece would be in default after a 300 million euro payment to the IMF falls due on June 5. Separately, euro zone officials said deputy finance ministers would hold a teleconference on Thursday to follow up on days of negotiations between representatives of Greece and...

  • LONDON, May 26- Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher. Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by...

  • Senior officials from almost 200 nations will meet from Nov. 30 to Dec. 11 in Paris to try to rise above the collapse of the last global climate-change conference in Copenhagen in 2009 and nail down an elusive final agreement. "All the governments stress that they want to find an accord in Paris, but the questions remain complicated and getting a consensus between...

  • LONDON, May 26- European shares fell on Tuesday, the first day of the trading week for several markets after a long holiday, with a local-election battering for Spain's government and Greece's ongoing debt drama offsetting bumper airline results. Although Monday's poor local election result for the Madrid government had already hit Spanish stocks on Monday,...

  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • May 26- A once-popular pair trade pitting the U.S. dollar against oil prices has re-emerged in recent weeks, injecting a new wildcard into the market just as the Organization of the Petroleum Exporting Countries prepares to meet. About two weeks ago, Morgan Stanley analysts said an "uncanny" relationship has developed between the dollar index and benchmark...

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • May 25- Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a...

  • Air France flight 22, traveling from Charles de Gaulle Airport, landed safely in New York, officials said. The anonymous threat came in a telephone call to a Maryland State Police barracks on Monday morning, and the caller made a bomb threat involving commercial aviation, Maryland State Police said. The plane was cleared in New York with no incidents or hazards...

  • ANALYSIS-The European centre-left's quandary Monday, 25 May 2015 | 1:50 PM ET

    LONDON, May 25- A crushing election defeat for Britain's Labour party has laid bare the dilemma facing Europe's centre-left. "We were sent out... to make an argument, if you can call it an argument, which basically said we're for the poor, we hate the rich, ignoring completely the vast swathe of the population who exist in between," was former Labour cabinet minister and EU...

  • ANALYSIS-The European center-left's quandary Monday, 25 May 2015 | 1:50 PM ET

    LONDON, May 25- A crushing election defeat for Britain's Labor party has laid bare the dilemma facing Europe's center-left. "We were sent out... to make an argument, if you can call it an argument, which basically said we're for the poor, we hate the rich, ignoring completely the vast swathe of the population who exist in between," was former Labor cabinet minister and EU...

  • NEW YORK, May 25- An Air France flight from Paris was escorted by two U.S. Flight 22 from Charles de Gaulle Airport landed safely in New York, an airport official said. Air Force F-15 fighters were launched as precautionary measure to monitor the flight as it returned to New York, said Navy Lieutenant Commander Richlyn Ivey, a spokeswoman for U.S.

  • Threats to 6 international flights cause scare Monday, 25 May 2015 | 12:13 PM ET

    NEW YORK— Anonymous telephone threats against commercial airliners on Monday, possibly from the same source, caused a scare involving at least six international flights at airports in New York, New Jersey and Massachusetts. In one instance Monday morning, U.S. military jets escorted an Air France flight into New York City after someone claimed a chemical...

  • NEW YORK, May 25- An Air France flight from Paris was escorted by U.S. fighter jets to New York's John F. Kennedy International Airport on Monday after an anonymous threat was made against the flight, according to WABC television. Citing an unnamed senior U.S. official, ABC News said the Maryland State Police Fusion Center, which handles intelligence gathering,...

  • *Volumes thin with London, Frankfurt and New York closed. LONDON, May 25- European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government. Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the...

  • Global stocks mostly higher in quiet trading day Monday, 25 May 2015 | 4:49 AM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.

  • Greek, French, Italian shares fall in thin trading Monday, 25 May 2015 | 4:44 AM ET

    LONDON, May 25- European equities fell on Monday, tracking Friday's losses on Wall Street and as a Greek minister said Athens cannot make debt repayments next month unless Greece reaches a deal with its creditors. Greece's ATG index fell 2.5 percent on the comments by Interior Minister Nikos Voutsis during a weekend TV show. The benchmark French CAC 40 index was...

  • LONDON— With its classic red phone booth, pub, and medieval church, Harmondsworth's center looks quintessentially British. Harmondsworth is under threat because London and southeastern England need more airport capacity to meet the growing demands of business travelers and tourists. Heathrow and rival Gatwick, 30 miles south of central London, have offered...