GO
Loading...

Netherlands

More

  • *Sale of stake in Greece's biggest utility halted. A swift series of announcements signaled the newly installed government would stand by its anti-austerity pledges, setting it on course for a clash with European partners, led by Germany, which has said it will not renegotiate the aid package needed to help Greece pay its debts. After announcing a halt to the...

  • German automakers lobby for US-EU trade deal Wednesday, 28 Jan 2015 | 9:31 AM ET

    BERLIN— German automakers are throwing their support behind a new trade deal being negotiated between the European Union and the United States. Representatives from major car manufacturers like Daimler, BMW, Porsche and Volkswagen lobbied Wednesday for the deal at an event in Berlin. Organizer Matthias Wissmann, of the German Association of the Automobile...

  • Car industry heads lobby to drop tariffs between EU, US Wednesday, 28 Jan 2015 | 9:03 AM ET

    BERLIN, Jan 28- The heads of German car companies including BMW, Daimler and Audi lobbied politicians on Wednesday to reach a trade deal that could see tariffs dropped between the United States and the European Union. BMW boss Norbert Reithofer said around 40 percent of all cars produced are sold in Europe and the United States. Carmakers waste resources...

  • BRUSSELS, Jan 28- The EU has prepared a draft statement for the foreign ministers of its 28 members to agree to extend sanctions against Russia by six months, add new people to the sanctions list and prepare new measures. The statement was referring to asset freezes and travel bans put on dozens of Ukrainians and Russians since Russia's annexation of Ukraine's...

  • UPDATE 1-OMV, Gazprom amend gas supply deal terms Wednesday, 28 Jan 2015 | 8:15 AM ET

    VIENNA, Jan 28- Austrian energy group OMV and Russian natural gas exporter Gazprom have agreed to amend a long-term contract for gas supplies, OMV said on Wednesday without disclosing details. Alexander Medvedev, deputy head of Gazprom's management committee, and OMV Chief Executive Gerhard Roiss signed the amendment at a meeting in Vienna, OMV said in a...

  • *Gazprom cannot afford to lose Ukraine. MOSCOW/ KIEV, Jan 28- Ukraine has a stronger hand to play at talks with Russia on gas supplies thanks to the fall in oil prices, which has dragged down gas prices, and after showing it can live on less. Although a milder winter and a scramble for other sources has shown Ukraine can survive with less gas from Russia, it still needs it to...

  • BRUSSELS, Jan 28- The European Union will extend by six months sanctions imposed on Russia last March over its annexation of Crimea, add new people to those under sanctions and prepare new measures, draft conclusions for an EU foreign ministers meeting showed. "In view of the worsening situation, the Council agrees to extend the restrictive measures targeting...

  • One-day strikes planned for Duesseldorf, Cologne airports Wednesday, 28 Jan 2015 | 6:15 AM ET

    BERLIN— Germany's ver.di trade union says private security personnel at the country's Duesseldorf and Cologne-Bonn airports will stage a one-day warning strike Thursday in an ongoing dispute over wages. Union representative Andrea Becker told the dpa news agency Wednesday that after three unsuccessful rounds of talks, ver.di hopes to put pressure on...

  • Greece, eurozone creditors gear up for clash over bailout Wednesday, 28 Jan 2015 | 5:37 AM ET

    ATHENS, Greece— Greece's new radical left government has shot the first salvo in what is expected to be a tough clash with fellow eurozone countries over budget cuts that Athens says are choking the life out of its economy. The hard line prompted a quick warning from the European Union and sent local investors into a panic on the prospect that the country might get...

  • *CEO says Roche committed to Switzerland despite franc rise. While cross-town rival Novartis has said it will review its Swiss cost base, Roche Chief Executive Severin Schwan said his company had no plans to move operations. "I continue to believe that Switzerland and Basel offer a very good framework for our business," Schwan told reporters.

  • Putin eyes benefits as rebels gain in Ukraine Wednesday, 28 Jan 2015 | 5:09 AM ET

    *Fighting has surged in eastern Ukraine. *Putin blames Kiev but could see gains. MOSCOW, Jan 28- Boxed into a corner by a financial crisis and the West's refusal to drop sanctions over the conflict in Ukraine, Russian President Vladimir Putin has come out fighting.

  • *Citigroup says spot price could drop to $53 later in year. *China steel output seen slipping in 2015. SINGAPORE, Jan 28- A deepening iron ore glut and worries over a sharper economic slowdown in top buyer China will drive the average 2015 price for the steelmaking ingredient to a record low, a Reuters poll showed.

  • Shares in Apple suppliers leap on record results Wednesday, 28 Jan 2015 | 3:51 AM ET

    LONDON, Jan 28- Shares in European companies that supply parts to Apple Inc leapt on Wednesday after the tech giant reported the largest profit in corporate history, driven by record sales of iPhones and strong demand in China. It not only provides Apple with chips but also Samsung, and they get all the royalties, "said Beaufort Securities sales trader Basil...

  • German consumer confidence at 13-year high Wednesday, 28 Jan 2015 | 3:21 AM ET

    BERLIN— German consumer confidence is at a 13- year high, buoyed by a rise in disposable income due to collapsing fuel and heating oil costs, a closely-watches survey showed Wednesday. Chancellor Angela Merkel's spokesman Steffen Seibert said Germany's robust labor market was one of the main causes behind the increase. Germany's economy, Europe's largest,...

  • *Model's revamp may cost up to 650 mln euros- analyst. BERLIN, Jan 28- With Volkswagen having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading a loss-making luxury saloon. The 76,000- euro Phaeton, a pet project of Chairman Ferdinand Piech, has never met VW's original sales...

  • ABOARD THE COAST GUARD CUTTER TYR— The crew was about to dig into dinner when word of the "ghost ship" came through: a freighter hurtling out of control toward Italy with no crew— and hundreds of Syrians as cargo. The ships are then pointed toward Europe and abandoned, the migrants' fate hanging between shipwreck and rescue. Comparatively well-off refugees are able to...

  • Tourists give hope to residents of battered Lebanese city Wednesday, 28 Jan 2015 | 2:02 AM ET

    TRIPOLI, Lebanon— As the tour group made its way through the narrow alleys of the seaside city of Tripoli, marveling at its medieval architecture, residents stared back at a sight that for them was just as exotic— visitors in their poor, restive corner of Lebanon. Tourists visiting Lebanon can ski in the mountains, frolic on sandy Mediterranean beaches, traipse...

  • Ace tops Street 4Q forecasts Tuesday, 27 Jan 2015 | 4:27 PM ET

    ZURICH _ Ace Ltd. on Tuesday reported fourth-quarter profit of $555 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share. Analysts expected $4.52 billion, according to Zacks.

  • Donors pledge record $7.5B for global vaccines program Tuesday, 27 Jan 2015 | 1:58 PM ET

    BERLIN— Governments and private donors, among them the Bill and Melinda Gates Foundation, have pledged a record $7.5 billion to replenish a global vaccination program for the poor. The Gates Foundation gave $1.55 billion to the public-private Gavi alliance that has immunized hundreds of millions of children worldwide since 2000.. Britain pledged $1.57...

  • ATHENS, Jan 27- Greek Prime Minister Alexis Tsipras named a cabinet of anti-austerity veterans and halted privatisation of Greece's biggest port on Tuesday, signalling he aims to stick to election pledges despite warning shots from the euro zone and financial markets. Promising to reverse budget cuts and renegotiate Greece's huge debts, Tsipras's leftist...