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  • STERLING HEIGHTS, Mich., Aug 26- Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker's chief executive said on Friday, without giving names or mentioning how many had shown interest. Sergio Marchionne also indicated it is still possible that FCA will continue production of the compact...

  • Search & clean up operations continue after Italy quake

    NBC's Lucy Kafanov reports from Italy on the aftermath of the deadly earthquake in Amatrice and Accumoli.

  • *STOXX Europe 600 index up 0.5 pct. MILAN, Aug 26 (Reuters)- European shares rose on Friday after Federal Reserve chair Janet Yellen gave no firm indication about when the Federal Reserve might raise interest rates, encouraging markets after hawkish comments from Fed policymakers last week. "Markets had been half-expecting some hawkish noises around a possible...

  • European in the green

    CNBC's Sara Eisen reports on all the market moving events in Europe today, including the Euro lower after Fed chair Janet Yellen's Fed speak at Jackson Hole, the world's biggest pension fund blaming Brexit for its loss and more.

  • LONDON— Billionaire entrepreneur Richard Branson said Friday he thought he was going to die after flying head first off his bicycle in the British Virgin Islands. The Virgin Group boss hit a hump in the road on Virgin Gorda, one of the islands in the Caribbean, catapulting him into the road. Branson was training for September's Virgin Strive Challenge, an event in...

  • LONDON, Aug 26- Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics. In the aftermath of Britain's vote to leave the EU, legal experts said banks, insurers and asset managers in London using...

  • *Inner Mongolia to shutter about 2.9 mln T of steel capacity. LONDON, Aug 26- Zinc hit its highest levels in 15 months on Friday as bearish speculators scrambled to close out positions, though some investors doubted that the hefty gains were entirely justified. LME zinc rallied to its highest since May 2015 at $2,327.50 a tonne before retreating to $2,321 by 1000...

  • People stand next collapsed buildings following an earthquake in Amatrice, Italy, August 24, 2016.

    The death toll from an earthquake in central Italy rose to 267 as families prepared to hold the first funerals.

  • Rescuers work on a collapsed building following an earthquake in Amatrice, Italy, August 24, 2016.

    Rescue crews labored through the night to find people still buried under the rubble of Wednesday's 6.2-magnitude earthquake in Italy. NBC News reports.

  • MILAN, Aug 25 (Reuters)- European equities fell on Thursday, dragged down by weaker miners and drugmakers, with investors cutting their exposure to riskier assets ahead of a key speech by Federal Reserve Chair Janet Yellen on Friday. The pan-European STOXX 600 index closed 0.8 percent lower, also weakened by a disappointing sentiment survey in Germany and...

  • Tuscan bread is topped with fresh olive oil for a taste during the harvesting of olives at the Castello La Leccia estate on in Castellina in Chianti (Siena), Italy

    Olive oil prices may have softened this year after a stellar 2015, but one analyst isn't expecting a sudden plunge.

  • U.K.'s ITV withdraws bid to buy 'Peppa Pig' owner

    CNBC's Sara Eisen reports on all the market moving events in Europe today, including European stocks falling on weaker German business sentiment, and U.K.'s ITV withdrawing a bid to buy 'Peppa Pig' owner.

  • People and rescuers stand next collapsed buildings following an earthquake in Amatrice, central Italy, August 24, 2016.

    More than 4,300 rescuers are using heaving equipment and bare hands to continue rescue efforts in the aftermath of a 6.2-magnitude quake that hit central Italy.

  • MILAN, Aug 25 (Reuters)- European shares fell on Thursday, weighed down by losses among pharma and mining sector stocks, while firms such as Sunrise and Ahold were lifted by well received earning updates. The pan-European STOXX 600 index fell 1.1 percent by 0828 GMT, weakened by a disappointing sentiment survey in Germany and pulling back from a one-week high hit on...

  • People stand next collapsed buildings following an earthquake in Amatrice, Italy, August 24, 2016.

    A 6.2-magnitude earthquake rocked a swath of central Italy, burying residents under rubble as they slept. NBCNews reports.

  • Olive oil prices soften as production increases

    Loraine Hudson, market analyst at Mintec Ltd., discusses the movement in olive oil prices and says Spain is the largest producer of olive oil.

  • Italy earthquake death toll reaches 247

    Paddy Agnew, Rome and Vatican correspondent at The Irish times, reports on the 6.2-magnitude earthquake which hit Italy Wednesday.

  • AMATRICE, Italy— Rescue crews using bulldozers and their bare hands raced to dig out survivors Thursday from a strong earthquake that reduced three central Italian towns to rubble. The magnitude 6.2 quake struck at 3:36 a.m. on Wednesday and was felt across a broad swath of central Italy, including Rome, where residents woke to a long swaying followed by...

  • At least 73 people killed in Italy earthquake

    A magnitude 6.3 earthquake rocks central Italy. NBC's Lucy Kafanov reports from Amatrice, Italy to show us its aftermath.

  • LONDON, Aug 24- A powerful earthquake in Italy on Wednesday is unlikely to force UnipolSai's 200 million euro catastrophe bond into default as the bond has low exposure to the affected region, the Italian insurer said. The earthquake devastated a string of mountainous towns in central Italy, killing at least 73 people, trapping residents under piles of rubble...