European shares closed flat-to-higher on Wednesday as investors considered the possibility of more monetary easing in the euro zone.» Read More
ZURICH, Aug 26- Straumann, the world's largest maker of dental implants, has no interest in joining the suitors for No.2 player Nobel Biocare, preferring instead to go after deals in the fast-growing Chinese market, it said on Tuesday.
VIENNA— Austria's vice chancellor and finance minister has announced he is stepping down, citing criticism from his own political party over his refusal to accelerate tax reform plans.
Speakers:- Polish National Bank Governor Marek Belka, Bank of Finland Governor Erkki Liikanen and ECB Governing Council member Ewald Nowotny. LUGANO, Switzerland- Swiss National Bank Vice President Jean-Pierre Danthine speaks at the UBS Session: The Role of Finance in Society- 1130 GMT. LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
Burger King may move to Canada. NEW YORK— Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada.
BERLIN/ PARIS, Aug 25- The euro zone's flat-lining economy took another hit on Monday when data showed German business sentiment sagging for the fourth month running, while a row over the lack of growth led the French government to resign.
FRANKFURT, Aug 25- Prodding governments to do more to boost demand and hinting at European Central Bank action to go along with it marks a major shift in ECB chief Mario Draghi's euro zone policy away from a focus on austerity towards reviving growth. Draghi is now positioning himself closer to France and Italy.
LONDON, Aug 25- European stocks rallied and the euro fell to a near one-year trough against the dollar on Monday as investors saw rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi said late on Friday that the bank was prepared to respond with all its available tools should inflation in the euro zone drop further.
GENEVA, Aug 25- United Nations human rights chief Navi Pillay on Monday condemned "appalling, widespread" crimes being committed by Islamic State forces in Iraq, including killings, slavery, sexual crimes and targeting people on ethnic or religious grounds.
*Ifo economist says Ukraine crisis burdening German economy. BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August as concerns about the Ukraine crisis and the impact of sanctions against Russia sweep through corporate boardrooms in Europe's largest economy.
LONDON, Aug 25- The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank.
*Ifo economist says Ukraine crisis burdening German economy. BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August, suggesting concerns about the Ukraine crisis and the impact of sanctions against Russia are sweeping through corporate boardrooms in Europe's largest economy.
FRANKFURT, Germany— Worries about the economy are rippling through Europe. Downbeat data have pushed the European Central Bank closer to more drastic action to keep the hesitant recovery from stalling completely.
BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August, suggesting concerns about the Ukraine crisis and the impact of sanctions against Russia are sweeping through corporate boardrooms in Europe's largest economy.
Prime Minister Manuel Valls offered up his Socialist government's resignation after accusing France's outspoken economy minister of crossing a line with his blunt criticism of the government's policies.
FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
THANON NANG KLARN, Thailand— Depending solely on the rains to either yield a good rice crop or leave their fields dry and barren, farmers in this village in northeastern Thailand, the country's poorest region, led a precarious and back-breaking existence.
PARIS— Philippine de Rothschild, an energetic and self-certain grande dame of Bordeaux wine who halted an acting career to run vineyards owned by the family dynasty, has died, her company said Sunday. She died Friday in a Paris "from the effects of a serious operation", winemaker Baron Philippe de Rothschild SA said in a statement, without specifying further.
BERLIN— Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California- based developer of treatments for lung diseases. The companies have reached an agreement under which Roche will acquire InterMune in an all-cash transaction, paying $74.00 per InterMune share, Roche said.
ROME, Aug 24- The euro zone's growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region's stagnant economy.
*BMW, Audi and Mercedes facing new luxury challengers. But his shifting taste in cars foreshadows less comfortable times ahead for global leader BMW, as well as Audi and Mercedes-Benz.