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  • IAG, in the process of trying to acquire Ireland's Aer Lingus, on Friday reported 2014 operating profit of 1.390 billion euros, ahead of a company-supplied consensus forecast of 1.373 billion euros. IAG, which owns low-cost Vueling in Spain as well as British Airways and Iberia, wants to add Aer Lingus to its portfolio but its 1.36 billion euros approach is yet to...

  • DUBLIN, Feb 26- Malin, an Irish company set up by a number of former Elan executives to invest in privately held life science assets, said it plans to raise between 275 million and 325 million euros in one of Europe's biggest biotechnology IPOs. Former Elan chief executive Kelly Martin and chairman Bob Ingram, who sold the Irish stock market stalwart to Perrigo for...

  • LONDON, Feb 27- The stark choice faced by Britons in May's national election is summed up nowhere more clearly than by the two men vying to be finance minister. The Conservatives' George Osborne, 43, and Labour's Ed Balls, 48, have helped define what their parties stand for. "We are getting a genuinely significant choice," said Paul Johnson, director of the Institute...

  • WASHINGTON, Feb 27- A significant majority of Americans say combating climate change is a moral issue that obligates them- and world leaders- to reduce carbon emissions, a Reuters/ IPSOS poll has found. The result of the poll suggests that appeals based on ethics could be key to shifting the debate over climate change in the United States, where those demanding...

  • DIARY-Top Economic Events to March 12 Thursday, 26 Feb 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester, Federal Reserve Bank of New York President William Dudley, Federal Reserve Vice Chair Stanley Fischer, former Federal Reserve chair Ben Bernanke and Bank of Japan Deputy Governor Hiroshi Nakaso participate in the U.S. Monetary Policy Forum 2015 Annual Conference sponsored by the...

  • OXON HILL, Md.— Wisconsin Gov. The likely Republican presidential contender sparked pointed criticism from labor union leaders across the country after remarks delivered on the first day of the Conservative Political Action Conference in suburban Washington. Islamic State militants have captured large parts of Iraq and neighboring Syria over the last...

  • NEW YORK, Feb 26- Crude oil futures fell sharply on Thursday as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. While Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia, U.S. crude...

  • NEW YORK, Feb 26- The dollar rose to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The greenback also received support from San Francisco President John Williams...

  • LONDON— Standard Chartered says its chief executive and chairman will stand down amid pressure from shareholders impatient with the board's leadership. CEO Peter Sands will leave in June and be replaced by former J.P. Standard Chartered shares rose 5.4 percent Thursday on investor optimism about the change in management.

  • NEW YORK, Feb 26- Crude oil futures fell on Thursday, as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia. Brent April crude was...

  • MILAN— Shape and color engaged designers on the second day of Milan Fashion Week of womenswear previews for next autumn and winter, featuring shows by Fendi, Max Mara, Just Cavalli and Prada. Some highlights from Thursday's shows:. Miuccia Prada explored cliches of beauty in her looks for next winter.

  • FOREX-Dollar jumps on U.S. data, Bullard; euro falls Thursday, 26 Feb 2015 | 11:10 AM ET

    NEW YORK, Feb 26- The dollar climbed to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The dollar's jump followed back-to-back days of losses stemming from...

  • RAMSGATE, England, Feb 26- Thanet, a spur of southern England jutting into the North Sea, has been run by Prime Minister David Cameron's Conservative Party for 117 of the last 130 years. But in recent years Thanet has been hit by an influx of East European immigrants and poor people on welfare, placed by local authorities into dirt-cheap housing which has resulted...

  • ISTANBUL/ ANKARA, Feb 26- President Tayyip Erdogan's broadside against the central bank has raised concern about the future of its governor and of respected Deputy Prime Minister Ali Babacan, an anchor of investor confidence in Turkey for more than a decade. Traders took this as a thinly veiled reference to U.S.-based cleric Fethullah Gulen, a former ally whom...

  • *Greece still faces risk of exit from euro zone. LONDON, Feb 26- The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Greece has secured an extension to its bailout from its European partners, but the danger of it...

  • Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...

  • RBS reports 4Q loss Thursday, 26 Feb 2015 | 8:58 AM ET

    EDINBURGH, United Kingdom _ Royal Bank of Scotland Group PLC on Thursday reported a loss of 7.14 billion euros in its fourth quarter. The bank, based in Edinburgh, United Kingdom, posted revenue of 4.92 billion euros in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BEIJING— China imposed a one-year ban on ivory imports that took immediate effect Thursday amid criticism that its citizens' huge appetite for ivory has fueled poaching that threatens the existence of African elephants. China is the world's largest importer of smuggled tusks, although Beijing has campaigned against illegal ivory. After China acquired a...

  • ISTANBUL/ ANKARA, Feb 26- President Tayyip Erdogan's broadside against the central bank has raised concern about the future of its governor and of respected Deputy Prime Minister Ali Babacan, an anchor of investor confidence in Turkey for more than a decade. Traders took his comments as a thinly-veiled reference to U.S.-based cleric Fethullah Gulen, a former...

  • *New Zealand shows surprise trade surplus. LONDON, Feb 26- The dollar gained almost half a percent against the euro around midday in Europe on Thursday after St Louis Federal Reserve chief James Bullard said the strong dollar was having only a marginal impact on U.S. monetary policy and economy. "Some of the euro stops have gone on this," one London- based dealer said.