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  • Spain's ruling parties punished in the polls Monday, 25 May 2015 | 11:50 AM ET
    Podemos' (We Can) party leader Pablo Iglesias waves to 'Ahora Madrid' supporters from stage on May 24, 2015 in Madrid, Spain.

    Spanish stocks fell over 2 percent on Monday amid political uncertainty after local elections that analysts say usher in a new "era" for the country.

  • NEW YORK, May 25- An Air France flight from Paris was escorted by U.S. fighter jets to New York's John F. Kennedy International Airport on Monday after an anonymous threat was made against the flight, according to WABC television. Citing an unnamed senior U.S. official, ABC News said the Maryland State Police Fusion Center, which handles intelligence gathering,...

  • LONDON, May 25- The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar index, which measures the greenback...

  • LONDON, May 25- Crude oil futures edged up on Monday as firm global demand vied with a strong dollar, but a public holiday in the United States and much of Europe kept trading muted. Front-month Brent crude gained 6 cents to $65.43 a barrel by 1400 GMT, after touching an intraday low of $64.72. The market drew support from figures showing strong demand across Asia and...

  • *Weakened AKP under attack over economy. ISTANBUL, May 25- Murat Dalga stands in a shop filled with everything but customers and swears he won't be voting for Turkey's ruling AK Party this time around. That has given the opposition a new line of attack and highlights the difficulties a weakened AKP will face after the June 7 polls, when it will need to bring in overdue...

  • LONDON, May 25- Gold prices were marginally lower on Monday, as the dollar gained traction against major currency rivals, on signs the Federal Reserve is preparing to tighten monetary policy for the first time in six years in 2015.. Fed Chair Janet Yellen indicated on Friday that the U.S. central bank was poised to raise rates this year, with the world's largest...

  • MOSCOW, May 25- Russia's rouble strengthened slightly on Monday, supported by end-of-month tax payments and weak forex demand, but trade was thin because London and U.S. markets were closed for public holidays. "The situation is being determined by today's local tax payments and the closure of foreign markets," analysts at Nordea Bank said in a note.

  • *Markets in U.S., much of Europe closed on Monday. LONDON, May 25- European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Investor concerns about Greece's debt problems and a poor regional and local election result by Spain's ruling People's Party also weighed on the euro and European shares.

  • BARCELONA, Spain— Leading Spanish social activist Ada Colau said Monday the fight against evictions, poverty and corruption will be her priority as new mayor of the country's second city, Barcelona. Backed by the new far-left We Can party that has shaken up Spanish politics, Colau beat the candidate of the Catalonia region's long-dominant conservative...

  • UPDATE 4-Oil prices edge down as dollar strengthens Monday, 25 May 2015 | 6:58 AM ET

    LONDON, May 25- Crude oil futures edged lower towards $65 a barrel as the dollar strengthened on Monday, with a public holiday in the United States and much of Europe keeping trading muted. Front-month Brent crude shed 17 cents to $65.20 a barrel by 1052 GMT. U.S. crude was down 35 cents at $59.37 a barrel.

  • LONDON— Britain's prime minister on Monday outlined who will be allowed to vote in a referendum on whether or not the country should remain in the European Union, opting to exclude most voters from the 28- nation bloc who live in the U.K.. His plans also include a tour of European capitals to press his case that the EU needs to be reformed, hoping that the upcoming vote...

  • *Volumes thin with London, Frankfurt and New York closed. LONDON, May 25- European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government. Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the...

  • WARSAW, May 25- Poland's main opposition party celebrated its first national election win in a decade on Monday, after its candidate for the presidency unexpectedly defeated incumbent Bronislaw Komorowski in a result that unnerved financial markets. His Law and Justice party is close to the Catholic church, socially conservative and considered less...

  • ASTANA, May 25- Kazakhstan is seeking loans from China worth around $3 billion to build two new plants to boost copper and aluminium output in the Central Asian nation, Kazakh Deputy Investment and Development Minister Albert Rau told Reuters in an interview. London- listed Kazakh company KAZ Minerals, among the world's major copper producers, announced in...

  • ANKARA, Turkey— Turkish officials say an explosion at a cement factory in a town near Ankara has killed three employees. Mayor Lokman Erturk says two other workers were injured in the explosion and fire late Sunday at the factory in Kazan, 50 kilometers north of Ankara, the capital. Turkey has a poor workplace safety record across a range of industries.

  • WARSAW, May 25- Poland's main opposition party celebrated its first national election victory in a decade on Monday, after its candidate for the presidency unexpectedly defeated incumbent Bronislaw Komorowski in a result that unnerved financial markets. Andrzej Duda won Sunday's vote by 52 percent to 48 percent, according to an exit poll.

  • *Markets in U.S., much of Europe closed on Monday. LONDON, May 25- European shares fell in thin trade on Monday while the dollar held firm after U.S. A warning on Sunday by Greece's interior minister that the country will not be able to meet a June 5 repayment to the International Monetary Fund, and political concerns in Spain after the ruling People's Party took a...

  • Why we’re frustrated with Congress: GE Monday, 25 May 2015 | 4:52 AM ET

    The U.S. has missed out by deciding to not join a China-led international investment bank, a senior executive at General Electric told CNBC.

  • LONDON, May 25- Crude oil futures dipped below $65 a barrel as the dollar strengthened on Monday, with a public holiday in the United States and much of Europe keeping oil trading volumes muted. Front-month Brent crude fell 62 cents to $64.75 a barrel by 0828 GMT. U.S. crude was down 46 cents at $59.26 a barrel.

  • Global stocks mostly higher in quiet trading day Monday, 25 May 2015 | 4:49 AM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.