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  • Migrants, including thee men from Benin, who had arrived by train to Germany sit on cots while waiting to register at a center for migrants at a facility of the German Federal Police (Bundespolizei) on August 31, 2015 in Rosenheim, Germany.

    People displaced by wars in Syria, Iraq, and Afghanistan are fleeing to Europe, where leaders are divided over how to handle the influx.

  • Despite data on Wednesday showing a huge build in U.S. crude inventories, oil rallied early in New York trade as investors regained their appetite for risk due to a respite in bad news out of China and the potential for more European monetary easing. "Early strength and now a late fade," Donald Morton, an oil trader with Fairfield, Connecticut- based Herbert J. Sims& Co.,...

  • ZURICH, Sept 3- A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub is heading to the scrap yard, a victim of the slide in oil prices. Christened the Hughes Glomar Explorer, after billionaire Howard Hughes was brought in on the CIA's deception, the 619- foot vessel eventually became part of the fleet of ships used by Swiss company...

  • *Some people see parallels with Greece. LONDON, Sept 3- Bondholders cheering Ukraine's debt swap face the risk that Kiev will return to the bargaining table within a few years, following the path Greece trod after its 2012 restructuring. Ukraine's sovereign bonds have rallied 40 percent to trade up to 75 cents per dollar of face value following the Aug. 27...

  • JPMorgan's Global All-Industry Output Index, produced with private data vendor Markit, held steady at July's 53.7 last month and has been above the 50 mark that divides growth from contraction since October 2012. Markit's global service sector purchasing managers index rose to 54.4 in August from 54.1 in July, though on Tuesday the world manufacturing PMI...

  • *MSCI global stocks index climbs. NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while global stock markets rallied as the European Central Bank chief pledged to beef up or prolong the bank's economic stimulus if necessary. ECB President Mario Draghi's comments on the bank's bond-buying program came as the bank cut its...

  • NEW YORK, Sept 3- Crude futures rose for a second straight session on Thursday on the strength of equity markets as a respite in bad news out of China and the potential for more European monetary easing added to risk taking in oil. U.S. crude's front-month showed a gain of $1.10 at $47.35, versus a session high above $48. "You can call it a risk on day," said Tariq Zahir, a...

  • LONDON, Sept 3- Giving cheap aspirin to cancer patients may turbo-charge the effectiveness of expensive new medicines that help their immune systems fight tumours, experiments on mice suggest. One reason is that cancer cells often produce large amounts of the molecule prostaglandin E2, which turns down the immune system's normal attack response to tumour...

  • NEW YORK, Sept 3- The euro fell on Thursday on a darkening euro zone outlook, while global stock markets rallied as the European Central Bank chief pledged to beef up or prolong the bank's economic stimulus if necessary. ECB President Mario Draghi's comments on the bank's bond-buying program came as the ECB cut its inflation and growth forecasts for the euro zone,...

  • *FTSE 100 up 1.4 pct, slightly outperforms Europe. *Battered miners Glencore, Anglo American stage rebound. The FTSE 100 blue-chip index, which is due to be reshuffled on Sept. 21 to include housebuilder Berkeley Group and drop Weir Group, was up 1.4 percent at 6,169.22 points at 1103 GMT, slightly outperforming the FTSEurofirst 300 index, up 1.3 percent.

  • *Markit says PMI points to Q3 GDP growth of 0.4 pct. LONDON, Sept 3- Euro zone business activity accelerated at its fastest pace in more than four years last month, according to surveys that highlighted an ongoing divergence between laggard France and the other big economies in the currency bloc. The data, which come as official numbers showed retail sales rose less...

  • FRANKFURT, Germany— The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday. Draghi said the ECB can add to its 1.1 trillion euro program, if the 19- country currency bloc needs it. Tom Rogers, senior economic adviser to the EY...

  • *Iceland produces enough energy to power 1.65 million homes in a year, far more than its 300,000- strong population, according to 2013 data from Iceland's energy authority and Reuters calculations. *Cables connect Iceland to the United States via Greenland and Canada, to Britain and to mainland Europe via Denmark and Germany. *Iceland plans to expand this...

  • *Ukraine simmers after moves to give more autonomy to rebels. *Chances of fulfilling end-of-year aims of Minsk deal seem dim. *Poroshenko sees hope in West keeping sanctions on Russia.

  • *Markit says PMI points to Q3 GDP growth of 0.4 pct. "The PMI is indicating euro area GDP growth close to 0.4 percent in the third quarter, a solid albeit unspectacular rate of expansion," said Chris Williamson, chief economist at survey compiler Markit. Markit's final August Composite Purchasing Managers' Index beat an earlier estimate of 54.1, settling at 54.3-- its...

  • NEW YORK— U.S. stocks were slightly higher Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed. READY TO ACT: The European Central Bank said it's ready to give the eurozone a bigger dose of stimulus should inflation across the 19- country bloc fail to pick up,...

  • PARIS- French Finance Minister Michel Sapin holds a press conference- 0500 GMT. AOMORI, Japan- Bank of Japan board member Takahide Kiuchi speaks in Aomori- 0130 GMT. MISSOULA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks before a Town Hall open forum- 0100 GMT.

  • NEW YORK, Sept 2- Oil prices turned higher on Wednesday in volatile trading as rallying equities on Wall Street pulled crude up from lows after futures sank on concerns about global oversupply. "Looks like risk-on trade with a rising tide lifting all boats," John Kilduff, partner at Again Capital LLC in New York, said. Brent October crude was up 14 cents at $49.70 a...

  • NEW YORK, Sept 2- Global stock indexes rose on Wednesday, drawing support from reports of brokerage measures in China to invigorate the country's battered markets, while oil recovered from earlier losses to trade near flat. The news stabilized global markets and soothed concerns that slowing growth in China will hurt the global economy. "Possible actions by...

  • LONDON, Sept 2- Rebekah Brooks, the Rupert Murdoch protegee cleared last year of orchestrating a criminal campaign that damaged the British establishment, will return to her old job running the tycoon's British newspapers next week in a stunning comeback. Brooks, who worked her way up from the lowest rung on a newsroom ladder to become one of the most influential...