• 2 Europe navigation satellites in the wrong orbits Saturday, 23 Aug 2014 | 8:48 AM ET

    The European Space Agency and launch company Arianespace say the satellites ended up in off-target orbits after being launched Friday from Kourou, French Guiana, aboard a Soyuz rocket.

  • Lufthansa pilots' union threatens new strikes Saturday, 23 Aug 2014 | 4:42 AM ET

    BERLIN— A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits. The Vereinigung Cockpit union says in a statement it may order pilots to strike "starting immediately" because negotiations have failed to achieve their goals.

  • Yellen signals uncertainty about a rate increase Saturday, 23 Aug 2014 | 12:02 AM ET

    JACKSON HOLE, Wyoming— If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:. The picture is still hazy. "Uncertainty is the key word," said Ian Shepherdson, chief economist at Pantheon Economics.

  • DIARY - Top economic Events to Sep 5 Friday, 22 Aug 2014 | 8:01 PM ET

    JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.

  • JACKSON HOLE, Wyo, Aug 22- The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.

  • *Pro Farmer sees bigger U.S. corn crop than USDA. CHICAGO, Aug 22- Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest.

  • KIEV/ DONETSK-IZVARINO BORDER CROSSING, Russia, Aug 22- T he United States demanded Moscow remove an aid convoy it sent into rebel-held eastern Ukraine without permission on Friday, accusing Russia of a flagrant violation of the sovereignty of its former Soviet neighbor and threatening more sanctions.

  • JACKSON HOLE, Wyo, Aug 22- European Central Bank chief Mario Draghi is confident that stimulus steps announced in June, helped by a weaker euro, will boost demand in the ailing euro zone economy, but stressed on Friday that the central bank stands ready to do more.

  • Draghi: ECB can't do it all, governments must act Friday, 22 Aug 2014 | 2:30 PM ET

    FRANKFURT, Germany— European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro— but warns governments must join in efforts to reduce stubbornly high unemployment.

  • *European shares wobble as Russia convey enters Ukraine. NEW YORK, Aug 22- The high-flying dollar moved higher again on Friday after Federal Reserve Chair Janet Yellen said the worrisome U.S. labor markets requires policymakers to move cautiously when eyeing interest rate hikes. Tensions over Ukraine increased and blunted a European stocks run-up, and U.S.

  • GENEVA/ WASHINGTON, Aug 22- A World Trade Organization dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union and Japan against Argentine import licensing rules used to restrict imports.


  • Germany sues Swiss bank for communist-era fortune Friday, 22 Aug 2014 | 10:17 AM ET

    BERLIN— Germany is suing a Swiss bank to reclaim millions of euros that once belonged to communist East Germany. BvS, an agency tasked with recovering and managing the communist-era funds, says it asked Zurich's regional court last week to force Bank Julius Baer to return 135 million euros.

  • Yellen: Job market makes Fed hesitant on rate hike Friday, 22 Aug 2014 | 10:01 AM ET

    JACKSON HOLE, Wyoming— If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:. The picture is still hazy. "Uncertainty is the key word," said Ian Shepherdson, chief economist at Pantheon Economics.

  • SINGAPORE/ ZURICH Aug 22- Royal Bank of Scotland plc might split its international private bank into separate European and Asian divisions to attract Asian buyers who have the financial muscle for a deal but are reluctant to take on European client risk.

  • Europe launches 2 navigation satellites Friday, 22 Aug 2014 | 9:16 AM ET

    BERLIN— The European Space Agency says two satellites for its new global navigation system have been lifted into orbit aboard a modified Soyuz rocket. Friday's launch from Kourou, French Guiana, had been delayed by a day due to bad weather. Once the two satellites are fully deployed, ESA will have six of the 30 planned satellites in orbit for its Galileo system.

  • At Jackson Hole, central bankers eye varying goals Friday, 22 Aug 2014 | 9:01 AM ET

    WASHINGTON— The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. By contrast, the European Central Bank is considering more stimulus. This year, central banks in Mexico, Sweden and South Korea, among others, have lowered rates.

  • *European shares wobble as Russia convey goes into Ukraine. LONDON, Aug 22- The high-flying dollar steadied on Friday as markets waited for steers on U.S. monetary policy, while escalating tensions over Ukraine halted a strong run-up by European stocks.

  • Germany backpedals on claim Qatar funds extremists Friday, 22 Aug 2014 | 7:50 AM ET

    BERLIN— Germany is seeking to calm a diplomatic spat with Qatar after the Gulf nation took umbrage at a German official's claim that it is funding the extremist Islamic State group. Gerd Mueller told public broadcaster ZDF that "the key word is Qatar."

  • FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest fashion retailer, are each on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.