European shares closed broadly higher on Tuesday, as investors focused on key data from the euro zone rather than the geopolitical risk posed by the protests in Hong Kong.» Read More
BOISE, Idaho— Battered and bruised Tamarack Resort could take a significant step this week toward a clearer financial picture and getting on track to being the kind of four-season destination playground early planners once envisioned.
NEW YORK, Sept 30- A federal judge said Novartis AG must face a U.S. government lawsuit accusing the Swiss drugmaker of paying multimillion-dollar kickbacks, including a $9,750 dinner for three at a Japanese restaurant, to induce doctors to prescribe its drugs.
PARIS, Sept 30- With no deal in sight over pilot pay and up to 300 million euros of strike costs to absorb, Air France-KLM may need to rethink its route to viability.
*Mood swing from austerity seen helping France's case. PARIS, Sept 30- From Athens to Madrid and Dublin to Rome, France can count on a sympathetic hearing in several European capitals in its campaign for leniency over the latest broken promise to bring its public finances into shape.
PARIS, Sept 30- Lingerie provider Agent Provocateur is seeing brisk business in Russia, Hong Kong and China, contrary to many other luxury brands, and is rolling out a second line co-designed by actress Penelope Cruz and her sister Monica, its head said.
*Euro STOXX 50 index rises 0.5 pct. LONDON, Sept 30- Euro zone shares rose on Tuesday as a batch of weak inflation data increased the chances the European Central Bank will introduce new stimulus measures to boost the region's flagging economy.
*OPEC output highest since November 2012- Reuters. LONDON, Sept 30- OPEC's oil supply jumped to its highest in almost two years in September, a Reuters survey found, due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub- $100 per barrel oil prices.
BRUSSELS— European Union ambassadors have decided to keep Ukraine- related sanctions against Russia in place for the time being.
*Paris auto show opens to press Thursday, Oct. 2. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional calendar. Carmakers are rolling out new models in anticipation of closing the gap-- the Paris show floor will be bristling with fuel-efficient small cars and compact SUVs.
KIEV, Ukraine— For Alexei Polezhai, who sells water heaters and wood-burning stoves at his two shops in Kiev, sales this fall have been remarkably good considering the dramatic collapse in the rest of the Ukrainian economy this year. Russia stopped gas deliveries to Ukraine in June after Kiev failed to pay what Moscow said it owed in arrears.
*Credibility of EU deficit curbs at stake in France, Italy. *France has less scope because deficit above 3 pct limit. Interpreting how much wiggle room the EU treaties offer has become a new source of contention among governments, a North-South divide pitting Italy and France against Germany that poses its own risks to the stability of the 15- year-old currency.
*Monthly headline rate down to 0.3 percent year-on-year. BRUSSELS, Sept 30- Euro zone inflation slowed further in September on falling prices of unprocessed food and energy, a first estimate showed on Tuesday, sending the euro lower against the dollar on expectations of further European Central Bank policy easing.
LONDON, Sept 30- European shares rose on Tuesday, as another batch of weak euro zone inflation data raised the prospect of new stimulus measures from the European Central Bank to boost the region's flagging economy.
BRUSSELS— Apple risks having to repay Ireland tax rebates worth billions of dollars after the European Union's competition watchdog said Tuesday the company appears to be benefiting from illegal tax deals there.
LAS VEGAS— Tourists flying between Las Vegas and Zurich will have another nonstop flight. Airline officials say they've carried more than 14,000 travelers to Las Vegas in almost four months. The airline website says the flight from Zurich to Las Vegas is about 11 hours.
ATYRAU, Kazakhstan, Sept 30- Russian Energy Minister Alexander Novak said on Tuesday he hoped Moscow and Kiev would this week settle their differences over a timetable for Ukraine to pay its natural gas debts to Russia.
LONDON— Inflation across the 18 euro countries dipped further toward zero in September, piling pressure on the European Central Bank to pull the trigger on its biggest stimulus weapon— a large-scale program to create new money.
BERLIN— Germany's unemployment rate dipped to 6.5 percent in September as hiring picked up after the summer break. The Federal Labor Agency said Tuesday the unadjusted jobless rate fell from 6.7 percent in August, with 2.808 million people registered unemployed.
*Alibaba leads way with record share listing. LONDON/ HONG KONG, Sept 30- Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever.
BERLIN— Pilots on Lufthansa's long-haul fleet have started a 15- hour walkout at the airline's main Frankfurt hub in a festering contract dispute. The Vereinigung Cockpit union called members out on strike from 8 a.m. Tuesday in its fourth limited several-hour walkout over recent weeks and the first since a new round of talks collapsed last week.