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  • FRANKFURT, Sept 3- The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further. The bank, which left interest rates unchanged in a widely predicted decision, is expected to say the chances of missing its...

  • PARIS/ MILAN, Sept 3- Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter, said on Thursday it was the right time to leave after she resigned abruptly ahead of the completion of a planned merger with Italy's Yoox. The merger, announced in March and expected to complete next month, will create a leader in the fast-growing online...

  • FRANKFURT, Sept 3- The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if prospects weaken further. The bank is expected to leave interest rates unchanged and argue that the chance of missing its medium-term inflation target has increased due to...

  • LONDON, Sept 3- EasyJet raised its full-year profit outlook on Thursday to forecast growth of up to 21 percent after a record number of August passengers turned to the British low-cost airline to get away. EasyJet said it now expected full-year profit before tax to be in a range of 675 million pounds to 700 million pounds for the year to the end of September,...

  • LONDON, Sept 3- British low-cost airline easyJet raised its full-year profit forecast by around 7 percent on Thursday after record passenger numbers in August helped to offset the higher costs the group has faced this year. EasyJet said it now expected full-year profit before tax to be in a range of 675 million pounds to 700 million pounds for the year to the end...

  • LONDON, Sept 2- Fresh government intervention to support China's jittery markets and bets on a more dovish stance from central bankers provided limited respite from a stock market sell-off on Wednesday as oil resumed its fall. European equities gave up early gains, with commodities stocks the hardest hit, as U.S. crude fell more than $1 to $44.39 a barrel.

  • The 72nd Venice Film Festival opens Wednesday, followed later in September by movie extravaganzas in Toronto, Telluride and New York. Venice, the oldest and stateliest of the bunch, brings 11 days of red carpets, flashbulbs, parties and premieres to the canal-crossed Italian city. This year's festival opens with Baltasar Kormakur's thriller "Everest," which...

  • BUENOS AIRES, Argentina— Arquimides Puccio seemed to neighbors like a pious, conservative and obsessively tidy man. Several times a day, he'd sweep the sidewalk in front of his home in an upper-class Buenos Aires neighborhood. It's headed for film festivals in Venice, Toronto and San Sebastian, followed by release later in Europe and possibly the United States.

  • *Israeli energy stocks plunge on Egypt find. MILAN, Aug 31- Eni's "supergiant" gas find off the coast of Egypt bolsters its top-flight exploration credentials and gives the Italian energy group access to easy reserves that fit its strategy of seeking growth without sacrificing dividends. It is looking to reduce its stake in its Mozambique gas discovery and does...

  • ROME— The Italian energy company Eni SpA announced Sunday it has discovered a "supergiant" natural gas field off Egypt, describing it as the "largest-ever" found in the Mediterranean Sea. Eni said the discovery— made in its Zohr prospect "in the deep waters of Egypt"— could hold a potential 30 trillion cubic feet of gas over an area of 100 square kilometers.

  • ROME— Italian energy giant Eni says it's found the largest-ever gas field in Mediterranean off Egypt.

  • PARIS— With more and more refugees appearing in Europe daily this summer, cities and towns are grappling with a basic but crucial problem: Where can they all sleep? Portable shipping containers are being converted into refugee apartments in Germany, which saw nearly half of Europe's overall 400,000 asylum applications in the first half of the year.

  • European markets close: Euro zone confidence index rises

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro zone confidence rising to a fresh 4-year high.

  • *IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."

  • European markets close: Extended gains Thursday, 27 Aug 2015 | 11:30 AM ET
    European markets close: Extended gains

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European oil majors and the Greek Prime Minister ruling out a coalition with main parties.

  • European markets close: ECB hints inflation downgrade Wednesday, 26 Aug 2015 | 11:29 AM ET
    European markets close: ECB hints inflation downgrade

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB chief economist raising concerns on inflation.

  • European markets close: Germany bounces back Tuesday, 25 Aug 2015 | 11:27 AM ET
    European markets close: Germany bounces back

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany bouncing out of bad territory.

  • Italian hoteliers say Expo lagging in foreign visitors Tuesday, 25 Aug 2015 | 10:23 AM ET

    MILAN— An Italian hotel association has expressed disappointment in the number of foreign visitors to Milan Expo 2015.. Federalberghi President Bernabo Bocca said Tuesday that the association projects 16 million Italians will have visited the world fair by the time it closes on Oct 31, declaring the numbers "a success for the internal market."

  • European markets close: Germany down 22% Monday, 24 Aug 2015 | 11:27 AM ET
    European markets close: Germany down 22%

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Germany DAX entering correction territory.

  • Cramer: Avoid these horrifying stocks in a selloff Friday, 21 Aug 2015 | 6:35 PM ET
    Broken rope

    Jim Cramer guides investors on the difference between a broken stock and a broken company during a selloff.