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  • European finance ministers meeting in Riga were told that just a quarter of the reforms recommended by the European Commission, the EU executive, have been carried out and now that the crisis is easing, the pace of reform is slowing further. Some 24 million people are out of work in the 28- member European Union, or around 10 percent of the working population and...

  • *Airbus not ready to decide whether to upgrade the A380. *Airbus, Rolls-Royce may seek European loans for project. PARIS, April 24- Europe's Airbus pledged on Friday to boost sales of its A380 superjumbo, as the world's largest passenger jet prepares to celebrate a bitter-sweet 10- year anniversary in the skies having booked no new airline orders since 2013..

  • DETROIT, April 24- General Motors Co Chief Executive Officer Mary Barra, who last year became the first woman to lead a major U.S. automaker, received $16.2 million in 2014 compensation, up 78 percent from her predecessor's total the previous year. She received $4.55 million in salary and other liquid compensation for 2014, GM said in a proxy filed on Friday with...

  • ULAN BATOR, April 24- A preliminary examination shows that Jim Doak, a well-known figure in Canada's financial industry who was found dead in his hotel room in Mongolia on Thursday, died of an unspecified illness, local police said on Friday. In a long-awaited decision last month, the international tribunal ordered Mongolia to pay about $100 million to Khan...

  • *Mohammed Ali Malek denies being in command of overloaded boat. CATANIA, Italy, April 24- An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors asked for him to be charged with homicide and people-trafficking. However Catania chief prosecutor...

  • *Euro trims gains as Greece gets aid warning. NEW YORK, April 24- Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday and gave Federal Reserve policymakers even less reason to raise near-zero interest rates any time soon. The euro backed away from a two-week high against the dollar, however, after euro...

  • April 24- Sales of Biogen Inc's key oral multiple sclerosis drug Tecfidera fell on a sequential basis in the first quarter for the first time since its launch in 2013, sending the company's stock down as much as 8 percent on Friday. If Tecfidera's U.S. trajectory does not improve, Biogen's revenue growth may come in at the lower end of its previously issued...

  • Indian parliament kicks off debate on key tax reform Friday, 24 Apr 2015 | 10:41 AM ET

    NEW DELHI, April 24- India's parliament began debating a sales tax on Friday that seeks to transform the country into a common market, but experts said compromises made to enlist the support of states risked diluting the impact of the biggest tax reform in decades. "GST is going to lead to a win-win situation as far as the center and the states are concerned; it's...

  • *Fifty line up at one Tokyo store, more in Berlin. TOKYO, April 24- A small group of Japanese tech-addicts lined up in Tokyo to become the first consumers to buy the Apple Watch from selected stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. They include The Corner in Berlin, Colette in Paris, Maxfield in Los...

  • *Electrolux and Renault, rise after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had had a "...

  • PepsiCo to launch aspartame-free Diet Pepsi in U.S. Friday, 24 Apr 2015 | 10:27 AM ET

    April 24- PepsiCo Inc said it would replace its current Diet Pepsi offerings in the United States with those free of aspartame, an artificial sweetener that has come under scrutiny from health-conscious consumers. Sales in PepsiCo's beverage business have been hurt by a long-term decline in soft drink sales in the United States. PepsiCo reported a 3.2 percent...

  • *Comcast drops plan to merge Time Warner Cable. April 24- Wall Street opened up on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its record close set the previous session. Google gained 2.8 percent to $573.15 after reporting higher quarterly revenue and profit and Microsoft added 6.6...

  • *Futex HQ based in Woking, suburb outside London. WOKING, Britain, April 24- The British trader accused of sparking market chaos in 2010 cut his teeth in a drab building in a sleepy suburb that highlights how "day traders" dreaming of glory have to first tackle grim offices, zero glamour and high risks. According to former Futex trader Simon Maelzer and comments on...

  • Brazil trucker strike sputters on second day Friday, 24 Apr 2015 | 10:15 AM ET

    SAO PAULO, April 24- Participation in a trucker strike in Brazil weakened on Friday, its second day, as the number of blockages on highways fell to 11 from 17 the night before, according to police. Truckers in Brazil resumed roadblocks across the country's main farm belt early on Thursday, after failing to reach common ground in talks with the government and freight...

  • *OPEC surplus nears 10- year high of 2 mln barrels per day. LONDON, April 24- Brent crude edged up on Friday, poised to mark a third consecutive week of price increases as air strikes in Yemen stoked concerns over the security of Middle East oil shipments. A softer U.S. dollar and strong economic indicators in Europe and Asia also lent support to oil prices despite OPEC...

  • Russia, France close to deal on Mistrals - source Friday, 24 Apr 2015 | 10:13 AM ET

    YEREVAN, April 24- Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian source close to talks indicated on Friday. France suspended the delivery of the warships last year after the European Union decided to impose sanctions on Russia over the...

  • *Hong Kong seen as most likely destination for HSBC. *Investors urge HSBC, StanChart to mull move after UK tax rise. LONDON, April 24- HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and...

  • *Greece, creditors wrestle over reforms to reach debt deal. The absence of a breakthrough in debt negotiations between Greece and its creditors also underpinned safe-haven demand for low-risk government debt, analysts said. "We expect the FOMC to leave everything on the table and maintain a similar tone to the last statement," said Ira Jersey, head of U.S. interest...

  • April 24- U.S. stocks opened higher on Friday as strong results from tech behemoths Google Inc, Amazon.com Inc and Microsoft Corp put the Nasdaq Composite on track to extend its ascent a day after surpassing a 15- year-old record.

  • *Members willing to carry out attacks in Pakistan, Afghanistan. ROME, April 24- Italian police were arresting 18 people on Friday suspected of belonging to an armed group linked to al Qaeda who were plotting attacks on the Vatican as well as in Pakistan and Afghanistan. In the tapped conversations, the suspects discuss "a big jihad in Italy," added Mario Carta, head of...