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  • ATHENS, Feb 27- Greece used "creative ambiguity" to win a loan lifeline from its international partners, Finance Minister Yanis Varoufakis said, provoking anger in Germany's parliament which approved the deal on Friday. Varoufakis, a hero of the anti-austerity left who has raised hackles among his more orthodox euro zone peers, said Greece had drawn up an...

  • STOCKHOLM— Switzerland has become the first country to submit a pledge to the United Nations for a new global climate deal, vowing to cut its greenhouse gas emissions in half by 2030, compared to 1990 levels. The European Union, United States, China and Norway have also announced their intended targets but haven't formally submitted them to the U.N.

  • Germany backs Greek plan but bailout fatigue grows Friday, 27 Feb 2015 | 12:23 PM ET
    A man adjusts a European flag, next to a Greek flag outside the Greek embassy in Brussels February 19, 2015.

    Germany's parliament approved an extension of Greece's bailout but a number of dissenters underscored growing skepticism in Berlin.

  • *Vodafone, alternative ops warn on "re-monopolisation". Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. Deutsche Telekom Chief Executive Tim Hoettges attributed the rebirth...

  • Business events scheduled for the coming month Friday, 27 Feb 2015 | 11:24 AM ET

    WASHINGTON— Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department...

  • BERLIN— The U.N.' s independent expert on freedom of speech has praised the U.S. Federal Communications Commission for voting to enforce "net neutrality" rules for the broadband industry. David Kaye says Thursday's decision was "a real victory for freedom of expression and access to information in the United States." In a statement Friday, Kaye said he hoped the...

  • *Vodafone, alternative ops warn on "re-monopolisation". Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. Deutsche Telekom Chief Executive Tim Hoettges attributed the rebirth...

  • Volkswagen profits up 20 percent for full year Friday, 27 Feb 2015 | 9:41 AM ET

    Volkswagen warned that economic trends in Latin America and Eastern Europe could affect its commercial vehicles and power engineering businesses. Russia's economy appears headed for recession after a sharp drop in the ruble and its recent conflict with Ukraine has undermined business confidence in Eastern Europe. Chief Financial Officer Hans Dieter...

  • ATHENS, Greece— Greece's finance minister says the country's agreement with its European creditors to extend its international loan agreement by four months was intentionally vague to ensure the European countries that need to have it ratified by their parliaments would be able to do so. Yanis Varoufakis told Ant1 television Friday that the vagueness in...

  • *Greece faces 1.5 bln euro debt payment to IMF in March. *Pressure on Athens to quickly complete bailout review for aid. BRUSSELS/ ATHENS, Feb 27- Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks.

  • BERLIN— The World Health Organization says millions of young people around the world are at risk of hearing loss from loud music. The U.N. agency said Friday that a review of data from middle- and high-income countries shows almost half of all 12 to 35- year-olds listen to unsafe levels of music on their personal audio devices or cellphones. The Geneva- based agency...

  • LONDON, Feb 27- European shares held steady at seven-year highs on Friday as investor confidence stayed buoyant ahead of the European Central Bank's monthly 60- billion-euro money-printing programme set to start in March. "The market's had a good run and it's the end of the month so we're going to see it drift lower today as people book some profit," ETX Capital's...

  • KIEV/ KRASNOYARSK, Russia, Feb 27- Ukraine has sent a small prepayment of $15 million to Russia for March natural gas deliveries, energy officials from the two sides said on Friday, after Moscow threatened to cut off supply. In their latest dispute, Ukraine and Russia have argued over who should pay for Russian gas sent to two rebel-held areas of eastern Ukraine...

  • *FY operating earnings before one-offs up 54 pct to 4 bln euros. *Takes 551 mln euros charge due to A400M delays. MUNICH, Feb 27- Airbus Group defied warnings of a slowdown in the jetliner market with a steep production boost for its top-selling A320 and announced its biggest ever dividend.

  • *Debate reflects breakdown in German trust in Greece. With Finance Minister Wolfgang Schaeuble promising not to let Greece "blackmail" its euro zone partners, 542 members of the Bundestag voted "yes" to the extension, while 32 opposed it and 13 abstained. The broader German population also grown more sceptical since Prime Minister Alexis Tsipras took power last...

  • Egypt's Sawiris readies digital revamp for Euronews Friday, 27 Feb 2015 | 7:08 AM ET

    PARIS, Feb 27- Egyptian tycoon Naguib Sawiris, unveiling plans for his majority stake in European broadcaster Euronews, said on Friday a cash injection would be used to expand onto digital platforms and better promote the brand. Part of the family that founded Egypt's giant Orascom group, Sawiris said he planned to retain Lyon, France- based Euronews's...

  • BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners. "We Germans should do everything to keep Europe together as far as we can and bring it together again and...

  • BRUSSELS— The European Union, Japan and other nations hunting for the eastern Atlantic Bluefin tuna are fearful that Turkey's unilateral decision to exceed catch limits agreed last year is threatening the stock recovery and the organization regulating its conservation. Documents seen by The Associated Press and EU comments on Friday show that during an...

  • BERLIN— German Parliament approves four-month extension to Greece's financial bailout.

  • LONDON, Feb 27- European shares rose to fresh seven-year highs on Friday, extending a two-month rally fuelled by the European Central Bank's money printing programme which starts in the coming weeks. About two-thirds of the way into Europe's earnings season, 55 percent of companies have met or beaten profit forecasts. Overall, fourth-quarter earnings are...