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  • BEIRUT, Jan 31- At least thirty people were killed and scores wounded on Sunday when two suicide bombers blew them themselves up in the Sayeda Zeinab district of Damascus, where Syria's holiest Shi'ite shrine is located, the interior ministry said. The explosions occurred as representatives of Syria's government and its divided opposition began convening in...

  • WASHINGTON/ KUALA LUMPUR, Jan 29- Switzerland's chief prosecutor said on Friday a criminal investigation into state fund 1 Malaysia Development Berhad had revealed that about $4 billion appeared to have been misappropriated from Malaysian state companies. Earlier this week, Malaysia's attorney general cleared Najib himself of any criminal offences or...

  • WASHINGTON, Jan 29- Switzerland's chief prosecutor said on Friday he has formally asked Malaysia for help with his probe into possible violations of Swiss law by the state-owned fund 1 Malaysia Development Berhad, saying suspected misappropriations amounted to about $4 billion. Earlier this week, Malaysia's attorney general cleared Prime Minister Najib...

  • Swiss prosecutor asks Malaysia to help in 1MDB probe Friday, 29 Jan 2016 | 5:50 PM ET

    WASHINGTON, Jan 29- Switzerland's chief prosecutor said on Friday he has formally asked Malaysia for help with his probe into possible violations of Swiss law by the state-owned fund 1 Malaysia Development Berhad involving suspected misappropriations of about $4 billion.

  • Jan 29- Companies and scientists are racing to create a Zika vaccine as concern grows over the mosquito-borne virus that has been linked to severe birth defects and is spreading quickly through the Americas. Brazil, the hardest-hit country, has reported around 3,700 cases of the devastating birth defect called microcephaly that are strongly suspected to be...

  • *Davos may have triggered Kuroda's shock move- sources. TOKYO, Jan 29- Bank of Japan Governor Haruhiko Kuroda used classic shock tactics on Friday to push through his latest unconventional monetary policy of negative rates: deny, then strike. Publicly, Kuroda was unwavering in saying Japan was on track to hit his ambitious inflation target and that quantitative...

  • DIARY-Top Economic Events to Feb 11 Thursday, 28 Jan 2016 | 7:01 PM ET

    SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in panel before the Commonwealth Club, Bank of America Merrill Lynch Walter E. Hoadley Annual Economic Forecast event- 2030 GMT. PRAGUE- European Commission Vice President Valdis Dombrovskis, Slovak Finance Minister Peter Kazimir, Czech central bank Governor...

  • *Plan to take IS-held areas marks challenge to Turkey. But it could lead to confrontation with Turkey, which is fighting against its own Kurdish insurgents and sees the Syrian Kurds as an enemy. But Turkey says it will not allow the Syrian Kurds to move west of the Euphrates.

  • BEIJING, Jan 28- China will keep the yuan "basically stable" and improve communication with financial markets on the currency, Premier Li Keqiang told International Monetary Fund chief Christine Lagarde on Thursday. Li said China had kept the yuan basically stable against a basket of currencies and there was no basis for continued yuan depreciation, according...

  • LONDON, Jan 28- Uncertainty over the future path U.S. interest rates weighed on European stocks on Thursday, while the resignation of Japan's economy minister impacted currency markets, sending the yen higher. Japanese Economy Minister Akira Amari said he would step down from his post to deal with allegations, which he denies, that he received bribes from a...

  • DIARY-Top Economic Events to Feb 10 Wednesday, 27 Jan 2016 | 7:01 PM ET

    THURSDAY, JANUARY 28 HELSINKI- OECD to publish its economic survey of recession-hit Finland in a press conference with Finnish finance minister Alexander Stubb- 0830 GMT. BRATISLAVA- National Bank of Slovakia Governor Jozef Makuch participates in economic conference "Economic development of the Slovak economy expected in 2016", with presentation: The...

  • BASEL, Jan 27- Getting U.S. government and commercial insurers to cover new medicines can now take longer than in Europe, Swiss drugmaker Novartis said on Wednesday, blaming U.S. delays for weaker than expected sales of a key heart failure treatment. Epstein blamed lackluster Entresto numbers on so-called "blocks" by federal Medicare insurance for seniors, as...

  • LONDON, Jan 27- The line-up of bidders for SABMiller's Peroni and Grolsch beers has changed, with U.S. private equity firm KKR replacing Bain Capital, which was unwilling to engage in a bidding war with industry players, three sources familiar with the matter said. Another bidder for the package, which also includes London craft beer Meantime, is Zurich- based...

  • *Novartis faces $1.4 bln restructuring charge, to save $1 bln annually by 2020. ZURICH, Jan 27- Fresh from engineering Hospira's $15 billion sale to Pfizer, drug company executive Michael Ball has a new mission-- rescuing Novartis's Alcon eye care division, whose continuing slump led the Swiss drugmaker to fall short of earnings forecasts once again at the end of...

  • PARIS, Jan 27- STMicroelectronics will cut about 1,400 jobs and close its loss-making set-top box business, the Franco-Italian chipmaker said on Wednesday. STMicro said the job losses would include about 430 positions in France, 670 in Asia- mostly in India- and 120 in the United States. The changes will generate annualised savings of $170 million, it said, with...

  • Italy does deal with EU to shed banks' bad loans Wednesday, 27 Jan 2016 | 3:29 AM ET

    The European Commission and Italy reached an accord on a scheme to help Italian banks sell some of their $217.04 billion of bad loans.

  • We can take AIDS ‘off the planet’ by 2030: RED Wednesday, 27 Jan 2016 | 2:32 AM ET
    Bono at the 2016 World Economic Forum in Davos, Switzerland.

    HIV/AIDS could completely eliminated if "we did the right thing", according to the chief executive of RED.

  • Zurich Insurance appoints new CEO Wednesday, 27 Jan 2016 | 1:00 AM ET
    Zurich Insurance appoints new CEO

    CNBC correspondent Julia Chatterley reports from Basel in Switzerland on Zurich's appointment of Mario Greco as its new CEO.

  • HONG KONG, Jan 27- In the lead up to General Electric Co's appliance unit auction, Haier Group did something Chinese bidders have rarely dared to do in a competitive global M&A deal. While informal discussions centered around a bid of $4.2 billion, people familiar with the matter told Reuters, Haier submitted a knock-out $5.4 billion binding offer, moving...

  • LONDON, Jan 26- Airline easyJet will campaign for Britain to stay in the European Union, with its chief executive telling consumers that membership encourages low cost travel between European cities. Prime Minister David Cameron has pledged to renegotiate Britain's ties with Europe and then allow voters a referendum on EU membership by the end of 2017..