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  • ATHENS, May 30- Greece's government is confident of reaching a deal with its creditors this week and is open to pushing back parts of its anti-austerity program to make that happen, the country's interior minister said Saturday. Greece and its EU/IMF creditors have been locked in talks for months on a cash-for-reforms deal and pressure is growing for a deal,...

  • ANKARA, Turkey— Turkey's banking regulator says a state fund has seized a bank associated with a movement led by the U.S.-based Muslim cleric Fethullah Gulen, which authorities have accused of attempting to destabilize the government. The banking agency said late Friday the Savings Deposit Insurance Fund had taken took full control of Bank Asya, citing "...

  • BERLIN, May 29- Chancellor Angela Merkel tried to drum up support in Germany for the Transatlantic Trade and Investment Partnership ahead of the G7 summit she is hosting in June, saying in an interview on Saturday she hopes it will be finalized by 2017.. "It's important for me that the transatlantic free trade keeps pace with the Pacific region," Merkel said,...

  • Airbus: Too early to determine cause of A400M crash Friday, 29 May 2015 | 4:34 PM ET

    PARIS— Airbus says it's too early to tell the causes of a deadly crash of an A400M military plane, after one of its top executives reportedly said flight recorder data pointed to a problem in final assembly. German newspaper Handelsblatt on Friday quoted Airbus strategy chief Marwan Lahoud as saying that there were no structural defects in the plane "but we have a...

  • A creditors' committee, led by Franklin Templeton, has put forward a plan which would save Ukraine $15.8 billion, or more than what it is aiming for, via extending bond maturities by up to 10 years and by cutting coupon payments in initial years, a separate source had said earlier. "What will be difficult in this proposal is that 40 percent of the debt is amortized...

  • Twenty-four scientists representing WHO's International Agency for Research on Cancer will analyze scientific findings regarding links between cancer in humans and the herbicide known as 2,4- D at a June 2-9 meeting in Lyon, France. A separate group of IARC scientists in March unanimously decided to classify glyphosate, the key ingredient in Monsanto...

  • FOREX-Dollar ends winning month mixed Friday, 29 May 2015 | 3:25 PM ET

    Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...

  • NEW YORK, May 29- Oil prices jumped almost 5 percent on Friday, their biggest rally in a month and a half, as a steady U.S. dollar and a bigger than expected drop in oil rigs set off a renewed rush of bullish bets. Brent crude settled at $65.56 a barrel, up $2.98, or 4.8 percent, on the day. U.S. crude has risen by as much as $4 a barrel after hitting a one-month low just a day ago,...

  • New class of drugs shows promise for cancer fight Friday, 29 May 2015 | 2:18 PM ET

    A study sheds light on why the new medicines seem to work for some cancers and not others, NYT reports.

  • Chicago May 29- Bristol-Myers Squibb Co's drug, Opdivo, improved survival for patients with the most common form of lung cancer, nearly doubling survival for those with high levels of a specific protein in their tumors compared with chemotherapy, according to clinical trial results presented on Friday. The Bristol drug was approved by U.S. regulators in...

  • *Boko Haram firmly in new leader's sights. ABUJA, May 29- New Nigerian President Muhammadu Buhari promised on Friday to eradicate the "mindless, godless" militants of Boko Haram and rescue hundreds of women and children held captive, including 200 girls taken from the town of Chibok a year ago. In his inaugural address as elected leader of Africa's most populous...

  • Twenty-four scientists representing WHO's International Agency for Research on Cancer are set to analyze scientific findings regarding links between cancer in humans and the herbicide known as 2,4- D at a June 2-9 meeting in Lyon, France. A separate group of IARC scientists in March unanimously decided to classify glyphosate, the key ingredient in...

  • VIENNA, May 29- OPEC will meet next week amid rising global demand and a reduction in supply, which are both helping to support prices, two OPEC officials said after pre-meeting talks. OPEC refused to cut output at the November meeting, seeking to slow higher-cost production in the United States and elsewhere that had been eroding its market share.

  • *China nickel premiums firm on prospect ShFE lists global brands. *China easing measures seen supporting demand in H2- analyst. LONDON, May 29- Aluminum prices slid on Friday on continued worries about output from China swamping the global market, notching its biggest monthly decline in more than 2-1/ 2 years.

  • *Tata says seeking to tackle $2 bln pension deficit. LONDON, May 29- Tata Steel UK's biggest trade union voted on Friday to go on strike, setting the scene for the biggest labour action in the British steel sector in three decades. "Steelworkers are determined to stand up to Tata," said Roy Rickhuss, general secretary of Community.

  • ALBANY, N.Y.— A federal appeals court has ruled that drug manufacturer Actavis PLC's attempted switch of patented Alzheimer's medication, which halted distribution of the old drug before its patent expires this summer, violates U.S. antitrust law. He alleged antitrust and state law violations by Actavis in pushing about 500,000 patients to its new patented...

  • Telecity, which runs computer centers that process traffic on the Internet, said in a statement its board had recommended Equinix's offer, and as such was terminating an all-stock deal to buy Netherlands- based Interxion Holding NV for $2.2 billion. Equinix Chief Executive Steve Smith said he had looked closely at Interxion and Telecity as targets but...

  • *H1 sales 1.5 bln eur, adjusted EBITDA 180 mln eur. FRANKFURT, May 29- German perfume retailer Douglas plans a stock market listing this year, consisting of a sale of existing shares and a capital increase of around 70 million euros, in what would mark its return as a publicly listed company. The initial public offering may take place as soon as within four weeks and the...

  • *European shares fall amid impasse on Greece talks. NEW YORK, May 29- Global equity markets and bond yields fell on Friday, weighed by data that showed the U.S. economy contracted in the first quarter and by conflicting signals from Greece's debt talks. Conflicting reports that Athens was close to clinching a reforms-for-cash deal with its creditors pushed...

  • FOREX-Dollar trades mixed at end of winning month Friday, 29 May 2015 | 11:43 AM ET

    *Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...