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  • NEW YORK— Pfizer's blockbuster vaccine against pneumonia and other bacterial infections has won another approval, for use in European Union residents aged 18 and older. New York- based Pfizer says more than 750 million doses have been distributed worldwide. Last year, Prevnar's global sales reached $4.5 billion, making it the No. 2 product for the company, which...

  • Dubai's Emirates says adds $7.6 bln to EU GDP Tuesday, 3 Mar 2015 | 10:34 AM ET

    DUBAI, March 3- Dubai's flagship airline Emirates contributes 6.8 billion euros to the European Union economy, it said on Tuesday, in an apparent response to criticism from rivals that government subsidies give Gulf carriers an unfair advantage. Emirates first flew to Europe in 1987 and since then has grown to 350 passenger flights a week from Europe, its...

  • GREEK FINMIN VAROUFAKIS SAYS THE WORST THING THAT COULD HAPPEN TO GREECE IS AN EXIT FROM THE EURO ZONE.

  • ATHENS, March 2- Greece's government sought to assure its creditors and investors on Monday that it can cover its funding needs this month, including repaying a 1.5 billion euro loan to the International Monetary Fund. Athens is running out of options to fund itself despite striking a deal with the euro zone in February to extend its bailout by four months.

  • BRUSSELS— The European Union is giving member states the power to ban the cultivation of genetically-modified crops even if they have been approved by the bloc's food safety authority. Mute Schimpf of Friends of the Earth Europe says the new law "is a massive opportunity for national governments to shut the door on biotech crops in Europe."

  • BRUSSELS— The European Union has approved new rules that clamps down on the use of flimsy plastic bags that are hazardous for the environment. The 28 member nations on Monday gave final approval to the rules that mean consumers may be obliged to use sturdier, re-usable bags or face extra charges. Member states are required to reduce the use of such plastic bags by...

  • LONDON, March 2- Oil dropped more than 1 percent on Monday, with Brent slipping under $62 a barrel, depressed by a stronger dollar and a rise in Libyan crude output. Brent crude hit a low of $61.70 a barrel and was at $61.90 by 1100 GMT, down 68 cents. Disruption to oil supplies from members of the Organization of the Petroleum Exporting Countries has helped support...

  • ATHENS, Greece— Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are "in a different league" and will need discussion with Greece's creditors, the country's finance minister said. In an interview with The Associated Press on Saturday, Yanis Varoufakis also said...

  • AP Interview: Greece's repayments to ECB need discussion Saturday, 28 Feb 2015 | 12:48 PM ET

    ATHENS, Greece— Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are "in a different league" and will need discussion with Greece's creditors, the country's finance minister said Saturday. In an interview with The Associated Press, Yanis Varoufakis also said...

  • EU and Cuba to restart talks after cultural dispute Friday, 27 Feb 2015 | 1:26 PM ET

    BRUSSELS, Feb 27- Cuba and the European Union will hold a third round of talks in Havana next week aimed at increasing trade, investment and political dialogue after overcoming a dispute that delayed the negotiations, an EU official said on Friday. EU officials suspect that Havana may not have felt ready for a third round last year because they were due to discuss...

  • BERLIN— People who use personal audio players should consider limiting their use to one hour a day and turn down the volume to prevent permanent hearing loss, the World Health Organization said Friday. The U.N. agency said young people are particularly at risk. with data from middle- and high-income countries showing that almost half of all 12- to 35- year-olds...

  • Armenia's GDP growth slows to 3.4 pct in 2014 Friday, 27 Feb 2015 | 7:16 AM ET

    YEREVAN, Feb 27- Armenia's gross domestic product growth slowed to 3.4 percent in 2014 from 3.5 percent in 2013, and was down from an initially projected 5.2 percent, the National Statistics Service said on Friday. It also belongs to Russian President Vladimir Putin's Eurasian Union, a bloc he hopes will rival the European Union. The International Monetary Fund...

  • BRUSSELS— The European Union, Japan and other nations hunting for the eastern Atlantic Bluefin tuna are fearful that Turkey's unilateral decision to exceed catch limits agreed last year is threatening the stock recovery and the organization regulating its conservation. Documents seen by The Associated Press and EU comments on Friday show that during an...

  • ACCRA, Feb 26- Ghana and the International Monetary Fund reached agreement on Thursday on a three-year funding deal they hope will restore fiscal stability to an economy hailed until recently as an African star. For years Ghana's economy grew at around 8 percent on the back of gold, cocoa and oil exports and it was rated one of the most attractive countries in...

  • Altice seeks EU okay with concessions for Portuguese deal Thursday, 26 Feb 2015 | 12:07 PM ET

    BRUSSELS, Feb 26- Telecoms group Altice has offered concessions in an effort to gain European Union antitrust approval for its 7.4 billion euro bid for the Portuguese assets of Brazil's Grupo Oi, the European Commission said. Altice's founder, Franco-Israeli telecoms entrepreneur Patrick Drahi, has expanded his portfolio of cable and mobile telecoms...

  • IMF reaches staff agreement with Ghana on $940 mln loan Thursday, 26 Feb 2015 | 11:29 AM ET

    WASHINGTON, Feb 26- The International Monetary Fund staff has reached agreement with the government of Ghana for a roughly $940 million loan to help the African nation stabilize itself after three years of declining economic growth and ballooning debt. "Ghana experienced three difficult years characterized by declining economic growth, increasing...

  • Minimum wages in EU highlight huge economic differences Thursday, 26 Feb 2015 | 8:44 AM ET

    BRUSSELS— Minimum wages across the European Union highlight the vast economic differences across the member states with a ten-fold difference between Bulgaria and Luxembourg. The EU's statistical agency Eurostat said Thursday that while the minimum monthly wage in January stood at 184 euros in Bulgaria, it was 1,923 euros in Luxembourg.

  • BRUSSELS, Feb 26- The European Union said on Thursday it was escalating a dispute with Russia at the World Trade Organization over what it said were excessive import duties on paper products, refrigerators and palm oil. The challenge is the latest in a series of WTO disputes with Russia, the EU's third-biggest trading partner, since Moscow joined the body in 2012,...

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. The move contrasts with October, when Venezuela deemed the award a victory for its sovereignty and oil workers were shown on TV celebrating.

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. "Venezuela has filed an application for annulment," the country's lawyer George Kahale told Reuters in an email, adding he didn't know yet when the tribunal was...