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  • *Elliott Advisors want to remove Akzo chairman. AMSTERDAM, July 27- Activist hedge fund Elliott Advisors returned to court on Thursday to try to oust the chairman of Dutch paints group Akzo Nobel over his rejection of a 26.3 billion euro takeover proposal from PPG Industries. "Almost the entire top 20 of Akzo shareholders, representing total investments of more...

  • AMSTERDAM, July 27- Activist hedge fund Elliott Advisors on Thursday returned to court to try to oust the chairman of Dutch paints group Akzo Nobel over his rejection of a 26.3 billion euro takeover proposal from PPG Industries. "Almost the entire top 20 of Akzo shareholders, representing total investments of more than 6 billion euros, have been urging a meeting...

  • THE HAGUE, Netherlands _ Royal Dutch Shell PLC on Thursday reported second-quarter earnings of $1.55 billion. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. Shell Oil shares have increased slightly since the beginning of the year.

  • AMSTERDAM, July 27- Activist hedge fund Elliott Advisors on Thursday pressed ahead with a second lawsuit seeking to oust the chairman of Dutch paints group Akzo Nobel over his rejection of a 26.3 billion euro takeover proposal from U.S. group PPG Industries. Elliott, the largest Akzo investor with a 9.5 percent stake, was pursuing the case even after Akzo said on...

  • July 26- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...

  • Dutch paintmaker Akzo Nobel, grappling with the consequences of rebuffing a 26.3 billion euro takeover bid by U.S. rival PPG Industries, on Tuesday announced earnings below market expectations.

  • AMSTERDAM _ Core Laboratories NV on Monday reported second-quarter earnings of $22.7 million. For the current quarter ending in October, Core Laboratories said it expects revenue in the range of $165.5 million to $170 million. Core Laboratories shares have fallen 11 percent since the beginning of the year.

  • LONDON/ AMSTERDAM, July 24- Hedge fund firm Elliott Management on Monday asked the board of Dutch paintmaker Akzo Nobel to respond urgently to its concerns about the nomination of a new chief executive. Paul Singer's activist fund called on Akzo to confirm the date of a shareholder meeting to vote on the appointment of Thierry Vanlancker as the new CEO and to...

  • AMSTERDAM _ Koninklijke Philips NV on Monday reported second-quarter profit of $274.9 million. The Amsterdam- based company said it had net income of 30 cents per share. Keywords: Royal Philips, Earnings Report.

  • THE HAGUE, Netherlands— Schlumberger NV on Friday reported a loss of $74 million in its second quarter. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Eight analysts surveyed by Zacks expected $7.26 billion.

  • LONDON/ FRANKFURT, July 20- Two global banks, Citigroup and Deutsche Bank, are beefing up their presence in Frankfurt to deal with the impact of Britain leaving the European Union. Deutsche Bank Chief Executive Officer John Cryan said in a video published on Thursday that the German lender expected to add new jobs in Frankfurt, where it will replicate a structure...

  • MOSCOW— Russia's Foreign Ministry has dismissed an international tribunal's ruling against it for seizing a Greenpeace ship as encouraging criminal behavior. The Hague- based court on Tuesday ordered Russia to pay damages and costs of nearly 5.4 million euros to the Netherlands for unlawfully seizing a Greenpeace ship protesting at an oil platform in...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. Citi is one of several banks opting to build up a subsidiary in Frankfurt so that its trading operations in the EU can...

  • LONDON, July 20- U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. In a memo to staff Jim Cowles, the bank's head of Europe, Middle East and Africa, said the bank also planned to build up its...

  • THE HAGUE, Netherlands— Unilever, the owner of brands like Hellman's, Lipton, and Knorr, says its net profit rose 22.4 percent in the first half of 2017 compared with the same period last year, to 3.3 billion euros as a company-wide growth program bore fruit. Unilever said Thursday that first-half sales rose 5.5 percent to 27.7 billion euros, calling its earnings a "...

  • *Paris, other cities competing for post-Brexit fintech crown. *French fintech sector raised $68 mln in 2016, London $783 mln. But startups based in London do not yet seem ready to swap that key hub for Paris, even if they have French roots.

  • AMSTERDAM, July 19- The chief executive of Akzo Nobel, Ton Buechner, has stepped down for health reasons, leaving his successor to deliver the higher sales and margins promised when the Dutch paintmaker fended off a U.S. takeover attempt this year. Chemicals division chief Thierry Vanlancker, 52, who joined in 2016, replaces Buechner, who repelled a 26.3 billion...

  • AMSTERDAM, July 19- The chief executive of Akzo Nobel, Ton Buechner, has stepped down for health reasons, leaving his successor to deliver the higher sales and margins promised when the Dutch paintmaker fended off a U.S. takeover attempt this year. Chemicals division chief Thierry Vanlancker, 52, who joined in 2016, replaces Buechner, who repelled a 26.3 billion...

  • *Offers VEON app in Georgia, Pakistan, Russia, Ukraine. FRANKFURT, July 19- Global telecom operator VEON said on Wednesday it was making progress in its strategy to reinvent itself as an online player by introducing its messaging and mobile services app in four new markets, including its largest in Russia and Pakistan. Two more markets where VEON will offer the app...

  • THE HAGUE, Netherlands— An international tribunal has ordered Russia to pay damages and costs of nearly 5.4 million euros to the Netherlands for unlawfully seizing a Greenpeace ship protesting at an oil platform in Arctic waters. "The road to justice can be long but today's award emphatically upholds international law and the right to peaceful protest...