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  • SHANGHAI, April 27- Stocks in China and Hong Kong rose to fresh seven-year highs on Monday morning, led by heavyweight Chinese state-owned enterprises on expectations that Beijing will accelerate mergers in the underperforming sector. "We don't see a slowdown in money inflows, so more liquidity will likely push stock indexes higher," wrote Sun Jianbo,...

  • PARIS, April 24- Foreigners are set to take over several French blue chip firms this year and will largely do what they want with their prizes- showing the limits of new laws passed in the name of "economic patriotism." Economy Minister Emmanuel Macron spoke last month of "the determination and the ability of the state to use all weapons available to investors" to help...

  • LONDON, March 12- Short interest in shares of European utilities has risen in past weeks, as investors become bearish on the stocks because of poor earnings outlooks and pressure on their dividend payouts. But expectations rates will rise in the United States and the United Kingdom have boosted bond yields, making utilities less attractive after a recent share...

  • PARIS, Feb 27- French nuclear group Areva plans to cut 15 percent of its wage bill to save 300 million euros a year within three years amid worsening sales prospects for its reactors, union sources briefed by the new management team said. Areva is weighed down by heavy debt and suffering from an industry slowdown, a lack of orders, and legal troubles over a nuclear...

  • NEW YORK, Jan 23- Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth advisers just starting to tune into the securities. "The market is at a critical juncture, and it is important that certain standards and certain...

  • OSLO, Jan 14- Norway's Statoil has handed back three out of its four Greenland offshore oil and gas exploration licenses, it said on Wednesday, in another sign of cost cutting by energy firms following a plunge in oil prices. Statoil has Arctic licenses from Greenland to Russia. Statoil's three licenses off the west coast of Greenland were handed back by the end of...

  • OSLO, Jan 14- Norway's Statoil has handed back three out of its four Greenland offshore oil and gas exploration licences, it said on Wednesday, in another sign of cost cutting by energy firms following a plunge in oil prices. Statoil has Arctic licences from Greenland to Russia. Statoil's three licences off the west coast of Greenland were handed back by the end of...

  • *Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.

  • *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.

  • ANKARA, Nov 25- Turkey has entered exclusive preliminary talks with U.S.-based Westinghouse Electric Company, part of Japan's Toshiba group, on building the country's third nuclear power plant, Westinghouse said. Turkey currently has projects for two nuclear plants, which are expected to cost $20 billion and $22 billion respectively. In 2013, a consortium of...

  • A scarce global resource fighting climate change Tuesday, 1 Jul 2014 | 11:40 AM ET

    The $18 billion in green bonds this year compares with $10.9 billion in 2013, but with the growth come significant growing pains.

  • European shares close down; Iraq weighs Wednesday, 25 Jun 2014 | 11:48 AM ET

    European markets closed lower on Wednesday, amid concern over the violence in Iraq.

  • Bond market to go ‘green’ this year: S&P Tuesday, 20 May 2014 | 9:01 AM ET

    The "green" corporate bond market will double in size this year, according to Standard & Poor's ratings services.

  • Asian stocks enjoyed a strong rebound on Wednesday as investors cheered a brightening picture of the global economy, but Chinese shares underperformed.

  • European equities close higher: miners weigh Monday, 9 Dec 2013 | 11:30 AM ET

    European equities closed higher on Monday, still posting gains after a rally on U.S. jobs data last Friday.

  • Europe Shares Close Down After Commodities Sell-Off Monday, 15 Apr 2013 | 11:46 AM ET

    European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.

  • Europe Shares Close Higher After ECB Rate Decision Thursday, 6 Dec 2012 | 11:30 AM ET

    European shares finished in positive territory Thursday as the ECB and the Bank of England kept interest rates unchanged.

  • Yemen exporting LNG again after gas pipe blast in Sept Thursday, 11 Oct 2012 | 2:32 AM ET

    DUBAI, Oct 11- Yemen's only liquefied natural gas terminal began exporting LNG again this week, ship tracking data showed on Thursday, after being forced to shut when its feed pipeline was blown up in late September.

  • LONDON, Oct 11- European equities were set to fall for a fourth straight session on Thursday, mirroring losses on Wall Street and in Asia, with concerns about weaker corporate earnings and global growth seen pushing shares towards one-month lows.

  • French and Benelux stocks-Factors to watch on Oct 11 Thursday, 11 Oct 2012 | 1:26 AM ET

    EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.