Jon Jonsson, global fixed income manager at Neuberger Berman, says that European data is "close to the bottom" and discusses sovereign bond yields in Europe.» Read More
ATHENS, Greece— Greece's government says it won't enact further austerity measures ahead of talks later this week with bailout creditors. Finance Minister Gikas Hardouvelis and four other cabinet ministers are to attend the talks with debt inspectors— the first time they have taken place outside Greece since the country was bailed out in 2010..
*European markets shrug off Ukraine/ Russia tensions. LONDON, Sept 1- European markets cautiously navigated warnings that the conflict in Ukraine was sliding out of control, focusing instead on whether the European Central Bank will strengthen its stimulus plans when it meets this week.
BRUSSELS, Sept 1- Europeans could be barred from buying new Russian government bonds under a package of extra sanctions over Moscow's military role in Ukraine that European Union ambassadors were to start discussing on Monday, three EU sources said.
ROME, Sept 1- The European Union's newly nominated foreign policy chief Federica Mogherini said Russian President Vladimir Putin's Ukraine policy had resulted in economic sanctions that were hurting his own people.
*European markets shrug off rising concern about Ukraine/ Russia. LONDON, Sept 1- European markets cautiously set aside warnings that Russia's conflict with Ukraine was sliding out of control on Monday, as investors focused on the European Central Bank's meeting this week and hopes it will strengthen its stimulus plans.
VIENNA, Sept 1- Austria's Borealis has bought out partner DuPont's majority stake in a polymers joint venture in the Netherlands, Borealis said on Monday. It gave no financial terms for the transaction, in which Borealis will buy DuPont's 67 percent stake in Speciality Polymers Antwerp N.V..
AMSTERDAM— Dutch brewer Heineken NV says it has sold its packaging business in Mexico to Crown Holdings Inc. of the U.S. for $1.23 billion to reduce debt. Philadelphia- based Crown said the deal will make it the second-largest beer and soft drink can producer in the United States and the maker of 20 percent of all cans globally.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
As relations between Russia and the U.S. turn frosty, Ketchum, a division of Omnicom, finds itself walking an increasingly fine line.
BERLIN, Sept 1- Germany posted a budget surplus of 16.1 billion euros in the first half of 2014, highlighting the strength of the country's finances at a time when Berlin faces pressure to loosen the fiscal reins and spend more to boost flagging growth in Europe. The figures could increase pressure on Germany to do more to boost growth in Europe.
BERLIN— The success of a new anti-euro party in a German state election intensifies a dilemma for Chancellor Angela Merkel: how to handle a rival whose rise could make it more difficult for her party to form coalition governments around the country.
LOS ANGELES/ NEW YORK, Aug 31- The "Guardians of the Galaxy" misfits reached a new box office stratosphere over the U.S. "Guardians" rang up $16.3 million in U.S. and Canadian ticket sales from Friday through Sunday, topping weekend charts for the third time since its Aug. 1 debut, according to estimates from tracking firm Rentrak.
LOS ANGELES/ NEW YORK, Aug 31- The "Guardians of the Galaxy" misfits reached a new box office stratosphere over the U.S. "Guardians" rung up $16.3 million in U.S. and Canadian ticket sales from Friday through Sunday, topping weekend charts for the third time since its Aug. 1 debut, according to estimates from tracking firm Rentrak.
Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.
*Took Draghi to task about Jackson Hole comments- Spiegel. BERLIN, Aug 31- A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe.
BRUSSELS, Aug 31- The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.
*Ukrainian leader warns of all-out war with Russia. BRUSSELS, Aug 30- European Union leaders on Saturday chose Poland Prime Minister Donald Tusk to chair their Council and named Italian Federica Mogherini to run the bloc's foreign relations, as the EU prepared to threaten Russia with new sanctions over Ukraine.
PARIS, Aug 30- Left-leaning European national government leaders meeting in Paris agreed more needed to be done to boost growth in the bloc but that EU rules limiting budget deficits should not be overhauled, German Vice-Chancellor Sigmar Gabriel said.
Doctors say the Novartis drug— which doesn't have a name yet— seems like one of those rare, breakthrough therapies that could quickly change care for more than half of the 6 million Americans and 24 million people worldwide with heart failure. It was paid for, designed and partly run by Novartis, based in Basel, Switzerland.
Ukrainian leader in Brussels seeking help against Russia. BRUSSELS, Aug 30- European Union leaders are likely to threaten Russia with new economic sanctions over its action in Ukraine on Saturday but officials and diplomats said the bloc was not yet ready to order additional penalties.