The eurozone periphery countries will have debt payments more than three times as much as the rest of the single currency area.» Read More
WASHINGTON— Commerce Department releases durable goods for March, 8:30 a.m. Eastern time. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..
*Russia proposes April 28 for Moscow meeting. BRUSSELS/ MOSCOW, April 23- European and Russian officials will meet this week and next for emergency talks to try to prevent Moscow cutting off gas supply to Ukraine, as Europe explores how to pump more gas to the struggling country.
LONDON, April 23- The loud welcome given by investors to this week's deal for Novartis and GlaxoSmithKline to trade more than $20 billion of assets could trigger more pacts in the pharmaceuticals sector and beyond.
CAMPINAS, Brazil, April 23- Brazil's third-biggest airline, Azul Linhas Aereas, unveiled plans on Wednesday to add 11 wide-body jets from European planemaker Airbus to start service to the United States. The selection of Airbus planes, first reported on Tuesday by Reuters, is another blow to U.S. rival Boeing Co in Latin America's biggest market.
AMSTERDAM— Amsterdam has won court permission to ban marijuana cafes in its famous Red Light district, stepping up a crackdown on the city's freewheeling lifestyle. Coffee shop owners argued that laws were being selectively enforced against them.
Kiev and Washington twisting peace accord: Moscow. KIEV, April 23- Russian Foreign Minister Sergei Lavrov accused the United States of being behind the political upheaval in Ukraine and said Moscow would respond if its interests came under attack.
LONDON— Four centuries after his death, William Shakespeare is probably Britain's best-known export, his words and characters famous around the world. Some suspect it's impossible, and Amnesty International has weighed in to point out the "dark irony" of taking a play about power and regicide and to authoritarian North Korea.
PARIS, April 23- France's Safran rattled investors with first-quarter aerospace revenue hampered by pressures ranging from delayed deliveries of defence equipment to weaker helicopter sales and cold weather in North America. But its shares fell as much as 3.6 percent, leading France's blue-chip CAC 40 index lower.
BRUSSELS, April 23- Britain should get a fair hearing for its concerns about the European Union but must not block extra powers for the euro zone, Jean-Claude Juncker, a leading candidate to take one of the bloc's top posts, said on Wednesday.
LONDON— The rundown, overcrowded Terminal 2 at London's sprawling Heathrow Airport is long gone, about to be replaced by a spacious new building built to handle 20 million passengers each year. The new facility was hailed as a cornerstone of Heathrow's revitalization when shown to reporters Wednesday ahead of the June 4 opening.
BRUSSELS/ KIEV, April 23- The European Commission said on Wednesday it is working on holding talks with Ukraine and Russia on a possible solution to Kiev's gas crisis, but no date has been set.
A plan aimed at reducing France's debt over the next three years was presented Wednesday during a Cabinet meeting. It raises the 2014 public deficit forecast from 3.6 percent of France's annual gross domestic product to 3.8 percent, and the 2015 forecast from 2.8 percent to 3 percent.
PARIS— Dominique Strauss-Kahn's ex-wife, who stood by him as he was charged with attempted rape, now says she was in denial about his sexual behavior. Anne Sinclair, a prominent French journalist, supported the former International Monetary Fund chief when he was arrested in New York in 2011 on accusations by a hotel maid. The New York charges were later dropped.
Paris- based UNESCO says 774 million people worldwide cannot read, and most people in sub-Saharan Africa don't own any books but cellphones are increasingly widespread. The report Wednesday by UNESCO says large numbers of people in such countries are reading books and stories on "rudimentary small-screen devices."
LONDON, April 23- European shares edged down on Wednesday after three days of gains as signs of a still stuttering Chinese economy and rising worries about Ukraine offset a reassuring set of European economic numbers.
FRANKFURT, Germany— A closely-watched survey has found business activity across the 18- country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum.
BRUSSELS— EU says Greece reached milestone in improving its finances, opens way for more debt relief.
*Washington will stand by us: Ukraine deputy prime minister. *Talks proposed on Ukraine- Russia gas row. After a lull for the Easter religious holiday, officials in Kiev decided to renew what they call an "anti-terrorist operation" against separatist militias who have seized control of about a dozen public buildings in eastern Ukraine.
Led by good news from Greece, the eurozone on Wednesday notched up several key milestones that together indicate stronger government finances amid a modest but increasingly sustainable recovery.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index numbers.