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Europe News London

  • *S8 to go on sale on April 21. SEOUL/ NEW YORK- March 29- Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7 s. They will go on sale on April 21.

  • TORONTO, March 29- Ontario Teachers' Pension Plan, one of the world's biggest infrastructure investors, warned it could take more than 10 years for infrastructure investment plans by Canada and the United States to come to fruition. Canada hopes its planned' infrastructure bank' will facilitate billions of dollars of financing from private investors for...

  • BRUSSELS, March 29- The European Parliament said on Wednesday that Brexit could be reversed, but if Britain pursued divorce from the EU it should first settle its bill and protect citizens' rights before a new trade deal with the bloc can be discussed. In a draft resolution published on the day that Britain formally triggered the two-year process to leave the...

  • *Charged with being part of scheme to breach Iran sanctions. ISTANBUL, March 29- Shares of Turkish state lender Halkbank suffered their biggest one-day fall on Wednesday after U.S. prosecutors charged a senior executive with participating in a multi-year scheme to violate sanctions against Iran. Halkbank, Turkey's fifth-largest listed bank by assets,...

  • LONDON, March 29- Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investment banks Goldman Sachs, JPMorgan Chase and Nomura were among those who sent messages to employees in London,...

  • CHICAGO, March 29- U.S. corn, soybean and wheat futures were narrowly lower on Wednesday as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. USDA is expected to show increased U.S. soybean plantings and reduced seedings of corn as well as bigger year-on-year U.S. stockpiles...

  • *OPEC oil output falls more in March- Reuters survey. *OPEC- led production cut expected to be extended into H2. NEW YORK, March 29- Oil prices rose nearly 2 percent on Wednesday as U.S. crude inventories rose less than expected, supply disruptions continued in Libya and the OPEC- led output cut by producing countries looked likely to be extended.

  • The EU repsonds to the Brexit letter

    The e-u has responded to Theresa May's Brexit letter with a clear parting message: "we already miss you."

  • LONDON, March 29- Sterling slipped against the dollar after a choppy day of trading on Wednesday, receiving no clear direction from Britain's formal triggering of its exit from the European Union. Prime Minister Theresa May began Britain's divorce procedure from the EU earlier in the day, declaring there was no turning back and ushering in a tortuous process...

  • LONDON, March 29- Ukraine has failed to offer a "justiciable" or court-ready defense for not paying back $3 billion lent to it by Russia in 2013, a British court ruled on Wednesday, refusing to send the case to a full trial. The case between the two adversarial governments centers on $3 billion lent by Russia in December 2013 to Ukraine under pro- Moscow former...

  • LONDON, March 29- Ukraine has failed to offer a "justiciable" or court-ready defence for not paying back $3 billion lent to it by Russia in 2013, a British court ruled on Wednesday, refusing to send the case to a full trial. The case between the two adversarial governments centres on $3 billion lent by Russia in December 2013 to Ukraine under pro- Moscow former...

  • LONDON, March 29- Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday. Investments banks Goldman Sachs and Nomura were among those who sent messages to employees in London, Europe's...

  • London- based EU agencies, the European Banking Authority and the European Medicines Agency, must move as soon as practicably possible must move, the draft paper said. The draft sets the red lines for the elected European Parliament on the conduct of divorce talks with Britain before a trade deal can be discussed. Britain should also recognise that the European...

  • *Armed protesters block 250,000 bpd of production in Libya. *OPEC- led production cut expected to be extended into H2. NEW YORK, March 29- Oil prices rose again on Wednesday, up another 1.5 percent as U.S. crude inventories rose less than expected, supply disruptions continued in Libya and the OPEC- led output cut by producing countries looked likely to be extended.

  • The draft, seen by Reuters, also said there should be transitional arrangements to smooth the divorce but no more than three years, and that the London- based EU agencies, the European Banking Authority and the European Medicines Agency, must move.

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back and ushering in a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU...

  • LONDON, March 29- Prime Minister Theresa May formally began Britain's divorce from the European Union on Wednesday, declaring there was no turning back from a tortuous exit process that will test the bloc's cohesion and pitch her country into the unknown. In one of the most significant steps by a British leader since World War Two, May notified EU Council...

  • *Charged with being part of scheme to breach Iran sanctions. ISTANBUL, March 29- Shares of Turkish state lender Halkbank were heading on Wednesday for their biggest one-day fall after U.S. prosecutors charged a senior executive with participating in a multi-year scheme to violate sanctions against Iran. Halkbank, Turkey's fifth-largest listed bank by assets,...

  • *China says climate pledges under Paris Agreement unchanged. BEIJING/ OSLO, March 29- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after U.S. Chinese foreign ministry spokesman Lu Kang, whose government cooperated closely with former U.S.

  • Two stocks rose for every one that fell on the New York Stock Exchange. THE QUOTE: "It's sort of a yawn today in the market," said Jeff Zipper, managing director at the Private Client Reserve of U.S. Bank. EYES ON TRUMP: Investors are hoping that Congress and the White House will enact tax cuts and other business-friendly policy proposals promised by President Donald...