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  • *Work on buying corporate bonds well under way- sources. *Governing Council may discuss such purchases in Dec. FRANKFURT, Oct 21- The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told...

  • By Peter Maushagen and Victoria Bryan. FRANKFURT/ BERLIN, Oct 21- Lufthansa pilots threatened to call further strikes this week after the latest stoppage in a dispute over retirement benefits grounded two-thirds of its flights on Tuesday. At Frankfurt airport, Lufthansa's main hub and Europe's third largest airport, queues snaked back from check-in desks, and...

  • BRUSSELS, Oct 21- Russia and Ukraine aim to resolve an impasse over natural gas supplies on Tuesday as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner. Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's...

  • OSLO, Oct 20- The United States and European Union want the U.N. to stress the low cost of fighting climate change in a draft handbook on the issue that it is compiling, a leaked document showed on Tuesday. The United States wants the handbook to do more to show that the costs of action "will be almost insignificant relative to projected growth," the document showed.

  • LONDON, Oct 21- Banks and shares in peripheral countries led a European rally on Tuesday after sources told Reuters the European Central Bank is considering buying corporate bonds to revive the region's economy. After a year-long review of Europe's 130 biggest banks, the ECB is set to announce on Oct. 26 which have valued their assets properly and which have not,...

  • Court rejects Lufthansa bid to block strike Tuesday, 21 Oct 2014 | 5:57 AM ET

    BERLIN— A German court has rejected a bid by Lufthansa to force a union representing the company's pilots to call off a strike, the latest in a string of walkouts over retirement benefits. The state labor court in Hesse, which includes Lufthansa's main Frankfurt hub, said Tuesday it rejected the airline's suit and found no grounds to declare the strike illegal.

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking off...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking...

  • Total CEO dead in runway crash; plow driver drunk Tuesday, 21 Oct 2014 | 3:08 AM ET

    MOSCOW— Christophe de Margerie, the charismatic CEO of Total SA who dedicated his career to the multinational oil company, was killed at a Moscow airport when his private jet collided with a snowplow whose driver was drunk, Russian investigators said Tuesday. A critic of sanctions against Russia, he argued that isolating Russia was bad for the global economy.

  • *France under pressure to fix Europe's weakest economy. The CEO is among many bosses in France who won't hire a 50th worker, in order to avoid the subsequent obligation to run and pay for an in-house works council- something Goubault says is costly, time-consuming, and "entirely useless". Goubault's frustration is shared by bosses of small and mid-sized businesses...

  • ASOS annual profit falls 14% on strong pound Tuesday, 21 Oct 2014 | 2:20 AM ET

    British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.

  • *Total CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials said. "Total confirms with deep regret and great sadness that Chairman and CEO...

  • Total oil company CEO dies in Moscow plane crash Monday, 20 Oct 2014 | 9:32 PM ET

    MOSCOW— The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport, the company said. Total "confirms with deep regret and sadness" that Chairman and CEO Christophe de Margerie died in a private plane crash at the Moscow airport, the company said in a press release dated...

  • *Defender of Moscow policies killed in plane-plow crash. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snow plow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. The collision occurred during takeoff of the Dassault Falcon business...

  • MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snowplow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. De Margerie, 63, a graduate of the Ecole Superieure de Commerce business school in Paris, became chief executive officer of Total...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy economic...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell below $86 a barrel on Monday as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude resumed its decline on Monday, dropping below $86 a barrel as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated...

  • *Berlin, Paris to present joint paper Dec. 1. BERLIN, Oct 20- Germany and France sought to paper over deep differences about how to bolster a faltering European economy, promising on Monday to unveil joint proposals on strengthening investment and competitiveness by early December. They committed themselves to a Dec. 1 deadline but it was not clear the two...

  • *Munich Re, Hannover Re see stable German premiums. BADEN-BADEN, Germany, Oct 20- Germany's Munich Re and Hannover Re expect stable reinsurance prices in their home market next year, cushioning the blow from a slide in prices on world markets. "I see no reason why reinsurance prices should fall," Munich Re board member Ludger Arnoldussen told a news conference in the...