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  • TABLE-Reuters December Russian economy, rouble poll Monday, 22 Dec 2014 | 9:00 AM ET

    MOSCOW, Dec 22- Following are the results of a monthly Reuters poll of 11 economists on Russia's economic and foreign exchange outlook. For a story on poll click on. INDICATOR MEDIAN MEAN MIN MAX YR AGO.

  • MOSCOW, Dec 22- Russia's top oil producer Rosneft said on Monday it had met a $7 billion loan repayment, partially easing fears among investors that Western sanctions banning major Russian firms from access to European and U.S. capital could prompt mass defaults. Rosneft, which produces more oil than Iraq or Iran, has asked for 2.5 trillion roubles from the...

  • Roche and Italian banks stymie European share rebound Friday, 19 Dec 2014 | 12:36 PM ET

    *Continental shares underperform Britain's FTSE. LONDON, Dec 19- Continental European stocks edged lower on Friday as a late advance was hindered by Swiss drugmaker Roche after two of its major drugs failed tests, with Italian banks under pressure from a downgrade by S&P. However, the FTSEurofirst 300 index of top European shares, which was boosted by a 1.2...

  • LONDON, Dec 19- European stocks held steady on Friday, pegged back by Swiss drugmaker Roche after it saw two major drugs fail tests and with Italian banks under pressure from a downgrade by S&P. "The upcoming drug pipeline was priced into the stock, but it looks unlikely these revenues will materialise," Jasper Lawler, market analyst at CMC Markets, said.

  • LONDON, Dec 19- European stocks edged lower on Friday, reversing an early rise, as Italian banks came under pressure from a downgrade by S&P and Swiss drugmaker Roche saw two major drugs fail tests. The FTSEurofirst 300 index of top European shares was down 0.1 percent tot 1,355.47 points at 1113 GMT, retreating after a 3 percent advance on Thursday.

  • *China copper output rises in Nov from month before. *Fears over Russia currency crisis pause. Global equities stabilised from earlier falls as the oil price rebounded and as fears over a full-blown currency crisis in Russia subsided.

  • LONDON, Dec 17- Russian oil giant Rosneft is expected to repay a $7.6 billion portion of a bridge loan that matures on Sunday, bankers close to the deal said. The loan is part of a larger $12.7 billion, two-year bridge loan signed in December 2012 that backed Rosneft's acquisition of oil company TNK-BP. The loan providers are confident the repayment will happen,...

  • Verona's Arena to get $17.5 million restoration Wednesday, 17 Dec 2014 | 7:48 AM ET

    The deal falls under the government's Art Bonus initiative adopted this year that gives donors a 65- percent tax credit for helping restore or support Italy's art treasures, archaeological sites and theaters. While praising the initiative, Marco Parini, president of the Italia Nostra non-profit dedicated to the protection of Italy's cultural heritage,...

  • MOSCOW, Dec 17- Russia's Norilsk Nickel, the world's largest nickel and palladium producer, plans to raise a $250- million loan from Unicredit bank, the company said on Wednesday.

  • LONDON, Dec 9- European shares hit a two-week low on Tuesday, with a further slide in crude oil prices hitting energy stocks. Greek banks fell sharply, with National Bank of Greece down 8.8 percent and Alpha Bank dropping 7.9 percent. The STOXX Europe 600 Oil and Gas index was the biggest sectoral decliner, down 2.5 percent, after Brent oil slipped to a five-year low...

  • PARMA, Italy, Dec 5- Italy's top appeals court on Friday threw out jail sentences against prominent bankers Cesare Geronzi and Matteo Arpe in a case related to the country's biggest corporate scandal, the 2003 collapse of dairy group Parmalat. Prosecutors said that, in return for a loan, Banca di Roma put pressure on Parmalat to buy Ciappazzi above the market price...

  • But in London they play to sell-out crowds at top venues- one sign of how rising immigration is changing Britain's population and economy. For Clementine Bunel, a French concert promoter who moved to London to tap into its young and fast-growing international market, it's also a demonstration of how the borders between Britain and the rest of the world are...

  • *PM says Serbia to provide "normal life" to its citizens. BELGRADE, Nov 20- Serbia agreed a three-year precautionary loan deal with the International Monetary Fund on Thursday worth around 1 billion euros, ending months of uncertainty that had weighed on the dinar currency. Serbian Finance Minister Dusan Vujovic said he expected it to enter into force from Jan. 1.

  • LONDON, Nov 19- The Bank of Japan's latest money printing is adding fresh sparkle to Japanese investors' romance with French government bonds as they look abroad for alternatives to the diminishing returns on domestic debt. The European Central Bank's ultra-easy monetary policy and the BOJ's expansion of its $1.4 trillion stimulus have effectively...

  • Banks chase trading cheats with 'fuzzy' surveillance Tuesday, 18 Nov 2014 | 4:00 PM ET

    SINGAPORE, Nov 19- Stung by billion-dollar fines for malpractice on their trading floors, the world's big banks are using' fuzzy logic' tools such as relationship mapping and behavioral analytics to read the minds of would-be cheats among their traders. They know their communications are being monitored; they are using different channels and new words, "said...

  • *Merck gains after Pfizer deal. EDINBURGH, Nov 17- European shares turned solidly positive on Monday after ECB President Mario Draghi reasserted that he was ready to do more to fight deflation. Shrugging off worries that Japan's economy has unexpectedly slipped into recession, the market also drew confidence from earnings reports, merger and acquisition news...

  • *Merck gains after Pfizer deal. EDINBURGH, Nov 17- European shares reclaimed early losses on Monday as concern over Japan's economy after it unexpectedly slipped into recession proved short-lived. Pharmaceutical firm Merck rose 3.8 percent, the index's top riser, after agreeing a deal with Pfizer for sharing rights to develop its experimental immunotherapy...

  • *German GDP up 0.1 pct q/q, France +0.3 pct. *Italy languishes in recession, Greece growing. BRUSSELS, Nov 14- The euro zone economy grew more strongly than expected in the third quarter as France beat market forecasts and Germany narrowly avoided a recession, but the bloc remains weak and could need further stimulus.

  • European shares end lower as utilities, banks slide Wednesday, 12 Nov 2014 | 12:38 PM ET

    *Italy's FTSE MIB underperforms wider market. The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.9 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. This shows that the underlying problems for the market are still very much intact, "said Gerhard Schwarz,...

  • Weaker utilities, banks drag down European shares Wednesday, 12 Nov 2014 | 11:20 AM ET

    The utilities index fell 2.4 percent, the biggest sectoral decliner, led by a 5.7 percent drop in Italy's Enel after it lowered its debt-reduction target for 2014 and reported a drop in nine-month core earnings. Germany's top utility E.ON fell 4 percent after posting a steep drop in profits at its business in Russia, its most important foreign market.