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Europe News London

  • Though expectations have diminished in recent days that the 27- nation EU will agree on the terms of a banking union, investors are keen to hear updates on the economic fate of Spain, as well as Greece, which appears to be near to securing its next batch of bailout cash.

  • LONDON-- England's Football Association has fined Chelsea's Ashley Cole $145,000 for insulting the governing body in an offensive Twitter post. The England defender had reacted angrily to an FA commission questioning the evidence he gave in defending teammate John Terry against a charge of racially abusing an opponent.

  • A BBC survey released Thursday showed the average price of the cheapest match ticket in the Premier League has increased from 24.87 pounds last year to 28.30 pounds this year, an increase of nearly 14 percent. Newcastle United offered the best overall value in the Premier League for a day out, charging 23 pounds for a ticket, a program, a pie and a cup of tea.

  • BAGHDAD-- Iraqi authorities have issued arrest warrants for the longtime governor of the central bank following allegations of financial wrongdoing, the country's judiciary said Thursday. Supreme Judicial Council spokesman Abdul-Sattar Bayrkdar told The Associated Press that 15 bank officials are being sought along with al-Shabibi.

  • John Freedson, a producer of the off- Broadway musical revue that hilariously tweaks Broadway shows and stars, said Wednesday that its run will be extended through April 28.

  • By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $91.91 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, which is used to price international varieties of oil, was down 47 cents to $112.86 per barrel on the ICE Futures exchange in London.

  • LONDON-- Markets were largely steady Thursday, after solid gains this week, on signs that China's economy is not slowing as quickly as feared, the U.S. is recovering and Spain will soon request a bailout.

  • BANGKOK-- Oil prices were nearly unchanged Thursday in Asia as traders weighed signs of economic recovery in China against an increase in U.S. crude supplies. Benchmark oil for November delivery was up 4 cents at $92.16 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

  • LONDON-- Campaigners say British lawmakers are headed for another clash over their expenses _ three years after six legislators were jailed amid revelations that politicians had billed the public for items including an ornamental duck house and pornographic movies.

  • NEW YORK-- A Bangladeshi man who came to the United States to wage jihad was arrested in an elaborate FBI sting on Wednesday after attempting to blow up a fake car bomb outside the Federal Reserve building in Manhattan, authorities said.

  • NEW YORK-- New York City Police Commissioner Raymond Kelly says the 21- year-old arrested on charges that he plotted to blow up the Federal Reserve building in Manhattan came to the U.S. on a student visa. Authorities tracked him using Facebook and other social media, but the account was taken down Wednesday.

  • NEW YORK-- A Bangladeshi man who came to the United States to wage jihad was arrested in an elaborate FBI sting on Wednesday after attempting to blow up a fake car bomb outside the Federal Reserve building in Manhattan, authorities said.

  • Benchmark oil gained 3 cents to $92.12. That was almost double what analysts had forecast, according to Platts, the energy information arm of McGraw-Hill Cos. Brent crude, which is used to price international varieties of oil, fell 78 cents to $113.22 per barrel on the ICE Futures exchange in London.

  • CAIRO-- Syria's wealthy, long cultivated by President Bashar Assad as a support for his regime, are seeing their businesses pummeled by the bloody civil war. Assad may not have lost the backing of Syria's business elite, but some are losing faith.

  • LONDON-- The number of people who caught tuberculosis last year inched downward according to an estimate by the World Health Organization, but the agency warned that drug-resistant strains are still spreading.

  • LONDON-- A new London exhibition has brought together more than 100 Hollywood costumes, from Darth Vader's suit to the world's most famous ruby slippers.

  • Bank Earnings—What to Watch: Analyst

    Bankers in Britain could in the future face being struck off an industry-wide register if they misbehave, if plans being drawn up by a U.K. banking group go ahead.

  • LONDON-- British Prime Minister David Cameron is ducking new questions about text messages he traded with Rebekah Brooks, the former chief of News Corp.' s U.K. newspapers who faces charges linked to the country's phone hacking scandal.

  • Strong corporate earnings reports and hopes that Spain may be close to requesting a bailout to alleviate its debt crisis helped oil prices move higher above $92 a barrel on Wednesday. By early afternoon in Europe, benchmark oil for November delivery was up 24 cents at $92.33 a barrel in electronic trading on the New York Mercantile Exchange.

  • Insurance broker Willis Group Holdings has named McKinsey& Co. senior partner Dominic Casserley its next CEO, starting Jan. 7. The London- based company also said Wednesday that Steve Hearn, 46, will serve as Willis Group deputy CEO.