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  • WARSAW, May 24- Poles voted for a president on Sunday in a run-off that is too close to call but has already sounded a warning for the ruling Civic Platform as it looks to re-election later in the year. Originally seen as a shoo-in for a second five-year term, incumbent Bronislaw Komorowski finds himself neck and neck with his conservative challenger, Andrzej Duda,...

  • LONDON, May 24- For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. The second-year engineering student from Balliol College is not alone. Norway's $900 billion sovereign wealth fund and the Church of England are among recent...

  • WARSAW, May 24- Poles voted for a president on Sunday in a run-off that is too close to call but has already sounded a warning for the ruling Civic Platform as it looks to re-election later in the year. Originally seen as a shoo-in for a second five-year term, incumbent Bronislaw Komorowski finds himself neck and neck with his conservative challenger, Andrzej Duda,...

  • DUBAI, May 24- OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency. "Lowering OPEC's production ceiling requires consensus between all members... under current conditions it seems unlikely that the OPEC production ceiling will change,"...

  • BEIJING— At first, the numbers and company names flashing on a big board in Beijing's financial district suggest a booming market. The lights from the Beijing Environment Exchange— one of seven pilot markets in China for trading carbon— raises questions for the country as it prepares for next year's roll-out of a nationwide system that could help the world's...

  • Nigerian airlines cancel flights amid fuel crisis Saturday, 23 May 2015 | 10:06 AM ET

    LAGOS, Nigeria— Nigerian airlines grounded flights Saturday and radio stations were silenced as a months-long fuel shortage aggravated by striking oil tanker drivers worsened in Africa's biggest oil producer. Normally bustling roads in Lagos, a metropolis of 20 million, were half-empty and gas stations closed Saturday. Aero Contractors, one of Nigeria's...

  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...

  • Overall, U.S. drillers reduced the number of active rigs by just one this week, oil services company Baker Hughes Inc said. In the latest week, drillers added three oil rigs in the Niobrara basin in Wyoming and Colorado and two in the Eagle Ford in South Texas, according to the closely followed report. The Permian basin in western Texas and eastern New Mexico, the...

  • NEW YORK, May 22- Oil fell more than 1 percent on Friday as a rallying dollar and profit-taking ahead of a long U.S. holiday weekend cut short a two-day run-up in crude prices. Drillers cut the number of U.S. oil rigs in operation by just one this week, the strongest sign yet that a nearly six-month slump in activity was ending, data from oil services firm Baker Hughes...

  • BERLIN— The chief executive of German airline Lufthansa says unannounced tests to check pilots for prescription drugs might help improve air safety. Carsten Spohr made the comments in an interview with the Frankfurter Allgemeine Zeitung, published Friday— almost two months after a plane belonging to Lufthansa subsidiary Germanwings crashed in the French...

  • Bayer CEO sees multinational state aid for antibiotics Friday, 22 May 2015 | 12:00 PM ET

    One country alone can't shoulder it, "CEO Marijn Dekkers told Germany's Der Spiegel magazine, according to an excerpt of an interview provided to Reuters on Friday. The funds were expected to be pledged during the June summit of the Group of Seven wealthy nations in Germany, he was quoted as saying. Germany's health ministry has said Berlin would seek to address...

  • *Coming up: Baker Hughes rig count at 1700 GMT. NEW YORK, May 22- Oil fell more than 1 percent on Friday as a rallying dollar and profit-taking ahead of a long U.S. holiday weekend cut short a two-day run-up in crude prices. U.S. crude was down 95 cents at $59.77 a barrel by 11:45 a.m. EDT.

  • *Meets handful of leaders on sidelines of summit in Riga. RIGA, May 22- British Prime Minister David Cameron said on Friday he was confident of winning concessions from European Union leaders before he asks voters whether Britain should stay in the bloc. After his Conservative Party won an unexpected majority in a May 7 election, Cameron is committed to...

  • ZURICH, May 22- Top UBS executives and board members this week sold shares in the Swiss bank worth 23.8 million Swiss francs, according to the Swiss stock exchange. In seven separate transactions, 1.167 million shares in total were sold on Thursday, shortly after the Zurich- based bank's stock rose to its highest in six-and-a-half years following a...

  • PARIS, May 22- France's highest administrative court on Friday approved two out of three main restrictions on private chauffeured vehicle services such as Uber that were introduced last year after complaints from traditional cab drivers of unfair competition. France's constitutional council said drivers of private chauffeured vehicles must return to...

  • *Bundesbank chief says can't always be about buying Greece time. RIGA, May 22- European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. The leaders offered help, but told Tsipras to get back to...

  • THE HAGUE, Netherlands— The Dutch government said Friday it will sell off ABN Amro bank in phases beginning later this year, seven years after the state took it over to prevent its collapse during the global financial crisis. Prime Minister Mark Rutte said the financial sector is now stable enough, there is sufficient interest in the market and ABN Amro is ready...

  • The talks underscored Altice's intentions to pursue a deal with Time Warner Cable, which is also being courted by Charter Communications Inc after Comcast Corp abandoned its $45.2 billion offer for Time Warner Cable last month over U.S. antitrust concerns.

  • PARIS— France's highest court has rejected ride-sharing company Uber's bid to have much of a recent law banning its services declared unconstitutional. Uber had sought to overturn multiple restrictions placed on it and similar services by a law enacted last year after a series of large and sometimes violent protests by taxi companies seeking to ban the...

  • LONDON, May 22- Copper prices fell on Friday on worries about demand in top consumer China, while nickel hit a four-week low after stocks in LME registered warehouses climbed to a record high. Three-month copper traded down at $6,200 a tonne in official rings from $6,260 at Thursday's close. "The fundamental situation in the copper market clearly speaks to higher...