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  • MANILA, Sept 26- Philippine President Rodrigo Duterte said on Monday he would visit Russia and China this year to chart an independent foreign policy and "open alliances" with two powers with historic rivalries with the United States. Duterte said the Philippines was at the "point of no return" in relations with former colonial ruler the United States, so he wanted...

  • LONDON, Sept 26- London's role as the world's top financial center could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centers index, which looks at 87 financial centers, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • LONDON, Sept 26- London's role as the world's top financial centre could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centres index, which looks at 87 financial centres, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • MANILA, Sept 26- Philippine President Rodrigo Duterte said on Monday he would visit Russia and China this year to chart an independent foreign policy and "open alliances" with two powers with historic rivalries with the United States. Duterte said the Philippines was at the "point of no return" in its relations with former colonial ruler the United States, so he...

  • THE HAGUE, Netherlands— The Dutch government is reducing the amount of natural gas it pumps from underground reserves in the north of the country, in the latest production cut designed to reduce the number of small earthquakes in the region blamed on the drilling. The coalition government announced Friday it will limit production to 24 billion cubic meters per...

  • THE HAGUE, Netherlands— Prosecutors in the Netherlands are seeking prison sentences for two brothers who they say used stolen electricity to power computers they used to mine bitcoins worth an estimated 200,000 euros. Prosecutors said in a statement Wednesday that powerful computers used to "mine" the electronic currency were found in a building in the port...

  • THE HAGUE, Netherlands— The Netherlands has emerged stronger from the global economic malaise, but still faces a series of challenges from extremist violence, the refugee crisis and Britain's exit from the European Union, the Dutch king said Tuesday in a speech unveiling the government's budget plans for next year. With more money to spend after years of...

  • TOKYO, Sept 15- Japanese trading house Mitsubishi Corp on Thursday said it is considering raising its stake in convenience store operator Lawson Inc to make it a subsidiary, in a deal worth about 140 billion yen. With a 33.4 percent stake as of earlier this year, Mitsubishi Corp, Japan's largest conglomerate whose businesses range from steel processing to salmon...

  • The Royal Dutch Airlines' statement, posted on its website Wednesday, says the devaluation of the Egyptian pound and restrictions imposed by the country's central bank on the transfer of foreign currency out of Egypt are behind the decision. It says its Cairo- Amsterdam service will be suspended from Jan. 8. Egypt is widely expected to devalue or float its...

  • THE HAGUE, Netherlands— Former Dutch finance minister Gerrit Zalm is standing down earlier than expected as chairman of the board at ABN Amro bank. ABN Amro says Zalm "has decided to make way for a new chairman who will be able to lead the bank for a longer period of time." The government spent 21.7 billion euros to nationalize the bank as well as the Dutch operations of...

  • *Newcastle coal prices at $70 per tonne, Europe below $60. SINGAPORE, Sept 12- A 40- percent rally since June in prices for Australian thermal coal due to a jump in Chinese imports has pushed its premium over Europe to more than $10, offering miners with easy access to the Atlantic and Pacific basins opportunities for arbitrage. "If you're a Colombian miner, who can...

  • *Newcastle coal prices at $70 per tonne, Europe below $60. SINGAPORE, Sept 12- A 40- percent rally since June in prices for Australian thermal coal due to a jump in Chinese imports has pushed its premium over Europe to more than $10, offering miners with easy access to the Atlantic and Pacific basins opportunities for arbitrage. "If you're a Colombian miner, who can...

  • FRANKFURT, Sept 8- A Tesla electric car involved in a fatal crash in the Netherlands this week was not using the "Autopilot" function at the time of the accident, Tesla said on Thursday. The cause of the crash on a highway about 40 kilometres east of Amsterdam is still being investigated, and Tesla is cooperating with authorities, the company said.

  • LONDON, Sept 8- Britain voted to leave the European Union on June 23 and is expected to trigger Article 50, the formal process of leaving the bloc, next year. Eastern European-focused budget airline Wizz Air said it would switch some of its planned expansion away from Britain because of the weakness in the pound following the vote to leave the European Union.

  • AMSTERDAM, Sept 7- A Dutchman died on Wednesday after his Tesla collided with a tree, according to local authorities, and it took firefighters hours to remove his body from the vehicle due to fears they could be electrocuted. The cause of the crash on a highway about 40 kilometres east of Amsterdam was not known. Fire department spokesman Ronald Boer said...

  • "We want to make sure that as many customers as possible have access to the cloud," said Nicola Hodson, general manager of marketing and operations for Microsoft UK. More recently, Britain's vote to leave the European Union has raised questions about the status of data stored and processed in the UK. Other initial UK cloud customers include automaker Aston Martin,...

  • AMSTERDAM, Sept 6- Takeaway.com, the Dutch-based online restaurant ordering and delivery service, said on Tuesday it would seek a listing on Amsterdam's Euronext stock exchange in the coming weeks. These include investors Macquarie and Prime Ventures, as well as founder Jitse Groen, who said he expected to sell 5 percent of his personal stake and remain the...

  • VIENTIANE, Sept 5- Southeast Asian leaders are set to avoid references to a recent arbitration ruling that undermined China's claims to the South China Sea, after omitting it from a joint statement at a summit this week over which Beijing's influence looms large. Soon after the ruling in The Hague, the Philippines lobbied strongly at an ASEAN foreign ministers'...

  • *May also play into South China Sea dispute. Speaking at a G20 meeting in China, and before traveling to Laos for a summit where he was due to hold talks with Duterte, Obama said he had asked his team to find out if "constructive, productive conversations" were possible. "Obviously the Filipino people are some of our closest friends and allies and the Philippines is a...

  • *North Korea test-fires three missiles off east coast. HANGZHOU, China, Sept 5- North Korea fired three ballistic missiles off its east coast on Monday in a defiant reminder of the risks to global security, as world leaders including U.S. North Korea has tested missiles at sensitive times in the past to draw attention to its military might.