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  • MOSCOW, Jan 29- Russia's Gazprom posted a 35 percent drop in nine-month net profit to 556.3 billion roubles year-on-year, after the world's top gas producer was hit by a dispute with Ukraine and currency losses. After putting aside 83.9 billion roubles in provisions for Ukraine's gas debt which prompted Moscow to cut off supplies in June, Gazprom said the future...

  • ZURICH, Jan 29- The world's biggest fragrance and flavor maker Givaudan confirmed its mid-term guidance for up to 5.5 percent sales growth after net profit rose 15 percent last year, helped by higher sales in emerging markets and cost cuts. The Geneva- based firm and its peers have been benefiting from strong demand for their products in emerging markets, where...

  • FRANKFURT, Germany— Deutsche Bank rebounded to make a surprise fourth-quarter profit of 441 million euros as it saw lower charges for settling accusations of wrongdoing. Co-CEO Anshu Jain cautioned Thursday that litigation expenses "will remain a challenge in 2015" as well. Litigation expenses for fines and settlements fell to 207 million euros from 1.111...

  • MISRATA, Libya, Jan 29- A power struggle between two rival governments that threatens to tear Libya apart has started to take its toll on Misrata, an important shipping and industrial hub that had shrugged off the turmoil until now. Oil production has collapsed to a fifth of what Libya used to pump before the NATO- backed uprising, while wheat imports and other...

  • IMF sets June deadline for progress on governance reforms Wednesday, 28 Jan 2015 | 8:41 PM ET

    President Barack Obama has so far been unable to persuade Republicans in Congress to act on the measure. The board of the International Monetary Fund said Wednesday the institution's 188 member countries should agree on steps that could make "meaningful progress" toward the reforms by June 30, without providing details. Finance chiefs around the world had...

  • Core Laboratories beats 4Q profit forecasts Wednesday, 28 Jan 2015 | 7:18 PM ET

    AMSTERDAM _ Core Laboratories NV on Wednesday reported fourth-quarter net income of $66.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share. Core Laboratories shares have decreased 17 percent since the beginning of the year.

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • Jan 28- German genetic test maker Qiagen NV said its quarterly profit slid 24 percent as U.S. sales of its human papillomavirus test declined and the dollar strengthened. Qiagen said on Wednesday that sales of its HPV test in the United States fell by a greater-than-expected 59 percent, reducing adjusted net sales by five percentage points.

  • WASHINGTON, Jan 28- The U.S. Air Force said on Wednesday it would use Boeing Co's commercial 747-8 airliner to replace its current fleet of two Air Force One presidential aircraft, one of the most visible symbols of the United States. Boeing welcomed the Air Force's decision to skip a competition and opt for the 747-8, citing its 50- year history of building...

  • Jan 28- German genetic test maker Qiagen NV's quarterly profit fell short of market expectations as U.S. sales of its human papilloma virus test declined and the dollar strengthened. Qiagen said on Wednesday that sales of its HPV test in the United States fell a greater-than-expected 59 percent, reducing adjusted net sales by 5 percentage points.

  • *Sale of assets including stake in Greece's main utility halted. *Greek bank stocks fall 26 pct, Athens index tumbles 9 pct. *Greek minister says Athens against sanctions on Russia.

  • RPT-EU's Moscovici says ready to start work with Greece Wednesday, 28 Jan 2015 | 2:29 PM ET

    PARIS, Jan 28- European Union economics chief Pierre Moscovici said on Wednesday that EU officials were ready to open discussions with Greece over its debt problems and that he did not expect a confrontation with the country's new government. He also said that debt cancellation was not the solution for Greece and that debt commitments must be met.

  • LONDON, Jan 28- British prosecutors are investigating whether subsidiaries of Alstom, the French power and transport company at the centre of an international corruption inquiry, committed offences in Hungary, a London court heard on Wednesday. The Serious Fraud Office has already charged two UK- based Alstom subsidiaries and four former employees with...

  • *Sale of assets including stake in Greece's main utility halted. *Greek minister says Athens against sanctions on Russia. It said it would halt the sale of stakes in the Public Power Corporation of Greece, Greece's biggest utility, and refiner Hellenic Petroleum and put other planned asset sales of motorways, airports and the power grid on ice.

  • *Scotland blocks new permits for fracking. LONDON, Jan 28- Scotland on Wednesday blocked the granting of permits for fracking and a local English council delayed a decision on two projects, casting doubt on British Prime Minister David Cameron's shale gas ambitions. Scotland, estimated to have around 80 trillion cubic metres of shale gas resources- enough to...

  • Trade union turns lights off on French prime minister Wednesday, 28 Jan 2015 | 12:42 PM ET

    PARIS, Jan 28- An inquiry was under way on Wednesday after French trade unionists turned the lights off on a keynote speech by Prime Minister Manuel Valls in protest at planned energy reforms. The mines and energy federation of France's militant CGT union said in a statement it supported the action. France's energy reforms have a wider purpose, aiming to boost the...

  • Unions turn lights off on French prime minister Wednesday, 28 Jan 2015 | 12:40 PM ET

    PARIS, Jan 28- An inquiry was under way on Wednesday after French trade unionists turned the lights off on a keynote speech by Prime Minister Manuel Valls in protest at planned energy reforms. The mines and energy federation of France's militant CGT union said in a statement it supported the action. France's energy reforms have a wider purpose, aiming to boost the...

  • BRUSSELS, Jan 28- New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday. EU foreign ministers are expected to ask the executive European Commission on Thursday to prepare...

  • BRUSSELS— Internet giant Google said Wednesday that its video-sharing website YouTube is so inundated that staff cannot filter all terror related content, complicating the struggle to halt the publication of terrorist propaganda and hostage videos. The European Union's counter-terror chief believes it's time to help companies to contain the security...

  • TOKYO, Jan 28- Japan's leading independent budget airline Skymark Airlines Inc filed for protection from creditors late on Wednesday, blaming a weak yen and a dispute with Airbus Group for its financial straits. "The company, believing the demands for breach-of-contract payments were unreasonable, attempted to negotiate a reduction in the payments with...