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  • AMSTERDAM _ Frank's International NV on Wednesday reported second-quarter net income of $20.8 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Frank's International shares have fallen slightly more than 6 percent since the beginning of the year.

  • WILLEMSTAD, Netherlands Antilles _ Orthofix International NV on Tuesday reported second-quarter net income of $3.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Willemstad, Netherlands Antilles-based company said it had profit of 19 cents. Orthofix shares have risen 16 percent since the beginning of the year.

  • LONDON/ MILAN, Aug 4- Russia's Vimpelcom and Hong Kong's Hutchison Whampoa are close to a deal to merge their Italian mobile phone businesses, sources close to the deal said. "Negotiations have become serious," a second source said, adding that Hutchison Managing Director Canning Fok had met with Vimpelcom counterparts in London several times this month.

  • Texaco filed several lawsuits in the 1990 s accusing Ecuador of violating the contract. Calls for comment to a lawyer for Ecuador and the Ecuadorean embassy in Washington were not immediately returned. In the case at hand, Chevron initiated an arbitration proceeding at The Hague in 2006, claiming the Ecuadorean courts failed to resolve the lawsuits in a...

  • LONDON/ SINGAPORE, Aug 4- Oil prices are unlikely to recover soon as Saudi Arabia's drive to boost its refining activities is expected to force refineries elsewhere to slow down their operations, thus creating an even bigger glut of unwanted crude oil. Two big new refineries in Saudi Arabia are adding to growing supplies of diesel and jet fuel, which could mean...

  • The District of Columbia U.S. Circuit Court of Appeals upheld an award rendered by a panel at The Hague's Permanent Court of Arbitration in the Netherlands, after Chevron claimed Ecuador had violated an international treaty by failing to resolve lawsuits over commercial disputes between the two sides in a timely manner.

  • Total reboot: How to fix Greece's economy Tuesday, 4 Aug 2015 | 12:08 AM ET

    ATHENS, Greece— After so much pain, Greece must now figure out how to get its economy back on its feet. The advice to Greece from economists is simple: focus on the basics. Political instability, a hallmark of Greece's crisis, is highly toxic for investors, who need to know that the rules for business won't change unexpectedly.

  • AMSTERDAM— Two cranes being used in the restoration of a bridge in the central Dutch city of Alphen aan den Rijn fell onto a row of buildings Monday, flattening apartments and small shops. "At the moment we don't know how many victims there are or if there are any," said Kees van Velzen, the acting mayor. Local fire brigade spokesman Ton Koot told The Associated Press...

  • COLUMN-U.S. oil storage becomes big business: Kemp Thursday, 30 Jul 2015 | 11:07 AM ET

    LONDON, July 30- Commercial crude stocks across the United States rose by 105 million barrels early this year to peak at 490 million barrels, the highest level in eight decades. Working storage capacity at refineries, tank farms and underground storage facilities in the United States has increased by 85 million barrels, almost 19 percent, since 2011..

  • BERLIN, July 30- Germany's finance minister wants to correct the balance between the European Commission's political role and its regulatory powers, reflecting concern in Berlin over the EU executive's neutrality as its political clout grows. A spokeswoman for the German Finance Ministry said on Thursday that Wolfgang Schaeuble had raised the idea at a...

  • Shell Oil posts 2Q profit Thursday, 30 Jul 2015 | 5:03 AM ET

    THE HAGUE, Netherlands _ Royal Dutch Shell PLC on Thursday reported second-quarter profit of $3.99 billion. Shell Oil shares have declined 17 percent since the beginning of the year. Keywords: Shell Oil, Earnings Report.

  • *CEO says increasingly worried about, China, Russia, LatAm. FRANKFURT, July 27- Philips reported higher quarterly medical equipment sales and improved margins in its consumer and lighting businesses on Monday but cautioned that growth was slowing in China and other emerging markets. Chief Executive Frans van Houten said in a statement he was encouraged by...

  • Chicago Bridge & Iron tops 2Q profit forecasts Thursday, 23 Jul 2015 | 4:09 PM ET

    THE HAGUE, Netherlands _ Chicago Bridge& Iron Co. on Thursday reported second-quarter earnings of $169.5 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share. Chicago Bridge& Iron shares have increased 11 percent since the beginning of the year.

  • PARIS/ BERLIN, July 22- Greece's new bail-out deal imposes a stiff dose of budget rigor and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters. "Francois Hollande is very good at telling others how to do their reforms," opposition French conservative Xavier Bertrand said in a dig at France's...

  • ISTANBUL, July 22- HSBC is set to agree to sell its Turkish business to Dutch lender ING Group for around $700 million- $750 million in the next few days, two people familiar with the matter told Reuters on Wednesday. Acquiring HSBC's business would allow ING to roughly double its around $15 billion of assets in Turkey, putting it on better footing in a highly...

  • AMSTERDAM, July 21- Dutch navigation firm TomTom, which aims to reinvent itself as a supplier of high-definition maps for self-driving cars, posted quarterly results that hammered home how far it has travel to compete with major rival Nokia HERE. With Nokia expected to sell HERE to a consortium of German carmakers, industry experts see TomTom as an alternative...

  • LONDON, July 20- Oil dropped on Monday as signs of a growing glut in refined products outweighed a fall in Saudi crude exports and slower U.S. rig activity. Crude prices have fallen for three weeks in a row on expectations of increased oil sales from Iran following a deal to ease sanctions against the OPEC producer. Brent crude for September was down 35 cents at...

  • *European shares rise, reversing fall in Asia. LONDON, July 20- The dollar jumped to three-month highs on Monday, extending its recent run of gains as expectations of a U.S. rate rise gathered pace, while gold prices plunged to their lowest in more than five years. Greece- related fears continued to recede as the country's banks reopened for the first time in three...

  • European shares hit fresh six week highs, OCI surges Monday, 20 Jul 2015 | 4:32 AM ET

    *Julius Baer slides after tax-dodging charge. Top riser was OCI, up 11 percent after the Amsterdam- listed chemical company confirmed it is in advanced merger talks with U.S. fertilizer maker CF Industries Holdings Inc.. Yara sold a 50 percent stake in its British fertilizer manufacturer to CF Industries, its joint venture partner, three weeks ago and traders...

  • European shares near six-week highs, OCI surges Monday, 20 Jul 2015 | 3:23 AM ET

    LONDON, July 20- European shares edged higher on Monday, closing in on fresh six week highs, with Greece fears receding further as the country's banks re-opened and with Dutch chemical firm OCI surging on merger talks. Greek banks are ready to open their branches across the country after a three-week shutdown, officials said, although trading shares in these...