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  • *France now the biggest source of new migrants to Israel. JERUSALEM, Jan 27- At a busy supermarket in Jerusalem a smartly dressed woman, recently arrived in Israel, was stopping shoppers to ask if anyone spoke French. With anti-Semitism rising in France, and their worries stoked by this month's killing of four Jews in a kosher supermarket in Paris, French Jews now...

  • NEW DELHI— India and America's declaration of a breakthrough in contentious nuclear energy cooperation has been met with a lukewarm response from industry and analysts. President Barack Obama's three-day visit to New Delhi raised hopes for concrete plans to tackle India's fossil fuel dependency and to resolve a four-year standoff over liability that...

  • BRUSSELS, Jan 27- EU finance ministers agreed on Tuesday to loan Ukraine 1.8 billion euros to help save it from bankruptcy, leaving open the option of increasing aid at a later stage. Diplomats at the meeting in Brussels said several EU governments including Britain pushed for as much as 2.6 billion euros in medium-term loans for this year and 2016..

  • LONDON, Jan 27- The European Union will put in place its "capital markets union" by 2019, starting with quick wins like encouraging direct investment in businesses, an EU document seen by Reuters showed. The document, co-written by EU financial services chief Jonathan Hill, sets out a timetable for the first time on a core policy plank of the European Commission to...

  • *Ericsson and Philips fall after weak updates. LONDON, Jan 27- Renewed concern over Greece and weak figures from leading companies such as Siemens and Philips halted a winning run on European stock markets on Tuesday. The benchmark Athens ATG equity index fell 3.6 percent and Greece's borrowing costs rose.

  • BRUSSELS— European Union leaders are threatening fresh sanctions against Russia because of what it sees as "growing support" of Moscow for separatists in eastern Ukraine during intensified fighting over the past days. The European Union has imposed a series of economic and political sanctions on Moscow and officials linked with last year's annexation of...

  • Swiss drug maker Novartis posts Q4 profit drop Tuesday, 27 Jan 2015 | 3:36 AM ET

    BERLIN— Swiss pharmaceutical giant Novartis AG says fourth quarter net income dropped 26 percent but the company still posted a healthy 2014 annual profit. The Basel, Switzerland- based company said Tuesday that fourth quarter net income came in at $1.49 billion, down from $2 billion in the same quarter the year before excluding its blood-transfusion...

  • FRANKFURT, Germany— Industrial machinery maker Siemens AG says net profit fell 25 percent in its most recent quarter as lower earnings at its key power and gas business weighed on the bottom line. That was down from 1.46 billion euros a year earlier. CEO Joe Kaeser said Tuesday net profit was hurt by a reassessment in the value of financial derivatives the company...

  • AMSTERDAM— Royal Philips NV, the world's biggest lighting maker, said Tuesday that its net profit slumped in 2014' s fourth quarter to 134 million euros from 412 million euros a year due to declining sales and restructuring costs. Shares plunged 5 percent on the Amsterdam stock exchange before rallying slightly to be down 4.3 percent at 25.64 euros early Tuesday.

  • TOKYO— The plight of freelance journalist Kenji Goto, taken captive by Islamic State group militants, has gripped Japan, and the people's hopes for his safety are now on Facebook with a simple, unifying plea: "I am Kenji." "We want Kenji to come home," said Taku Nishimae, a Japanese filmmaker living in New York, who started the "I am Kenji" Facebook page, right after seeing last...

  • UPDATE 1-Facebook, Instagram suffer widespread outage Tuesday, 27 Jan 2015 | 2:11 AM ET

    Jan 27- Facebook and Instagram services were down Tuesday with the social media site saying it is working on fixing the issue, several users said. We're working on it and we'll get it fixed as soon as we can, "Facebook said on its website. Users in the United States and many countries in Asia and Europe reported that they were unable to log on to the website and mobile...

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • *Core EPS $1.21 vs $1.18 forecast in Reuters poll. ZURICH, Jan 27- Swiss drugmaker Novartis forecast sales and profits to grow at a faster pace this year as recent drug successes and its portfolio overhaul help it weather the impact of generic competition. Novartis unveiled a transformative series of deals last year which will see it focus on a smaller number of...

  • LONDON, Jan 26- Pfizer is to cut the price of its pneumococcal vaccine Prevenar 13 by 6 percent to $3.10 per dose in poor countries as part of a commitment to the GAVI global vaccines alliance, the U.S. drugmaker said on Monday. Pfizer's move comes as GAVI holds a major funding conference in Berlin at which it hopes to raise $7.5 billion from donors to pay for increased...

  • BRUSSELS, Jan 26- Austria will spearhead fresh efforts by eleven European finance ministers to reach a deal on an elusive financial transactions tax, France's finance minister said on Monday. France and Austria sent a letter last week to the nine other European countries, proposing to make a fresh start with the talks and seek to apply it to a wide range of...

  • Overall, the losses were far from unusual for Greece's volatile markets. First, open threats of "Grexit" from the euro zone; second, any writedown of the country's private sector debts; or third, an easy capitulation of euro sovereign creditors that boosts support for other anti-austerity parties, such as Ireland's Sinn Fein or Spain's Podemos, that could sow...

  • ROME— Italy is making waves by turning stereotypes on their head— and selling the world its more serious side. People here are reacting with surprise at the possibility that Italy may have finally figured out how to market itself abroad— by acknowledging stereotypes only to show a different "Made in Italy" that Italians can be proud of. The ministry of economic...

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • PARIS— France's Parliament has started debating a bill promoted by the Socialist government aimed at freeing up the country's labor rules and regulations, in order to boost hiring. Economy Minister Emmanuel Macron told the National Assembly on Monday that the bill will inject "more vitality, more justice and more transparency" into France's economy.

  • MOSCOW, Jan 26- The rouble and Russian stocks fell sharply on Monday, following a return to full-scale warfare in eastern Ukraine and threats of further Western sanctions against Russia. Washington and Brussels are both considering new sanctions against Russia after accusing it of openly supporting the latest rebel advance in Ukraine.