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  • *John Paul eyes sales of $170 mln in 2018 vs $60 mln in 2016. PARIS, July 27- AccorHotels said on Wednesday it had entered exclusive talks to buy concierge service provider John Paul, as it pushes further into new hospitality services and beefs up its response to the challenges of Airbnb. Under the terms of the deal, AccorHotels- the world's fifth-largest hotel group-...

  • LONDON, July 27- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 27: European Commission President Jean-Claude Juncker appears to be in no mood to give Britain an easy time in the Brexit negotiations. Then comes a dire report from the...

  • LONDON, July 27- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 27: European Commission President Jean-Claude Juncker appears to be in no mood to give Britain an easy time in the Brexit negotiations. Then comes a dire report from the...

  • LONDON, July 27- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 27: European Commission President Jean-Claude Juncker appears to be in no mood to give Britain an easy time in the Brexit negotiations. Then comes a dire report from the...

  • LONDON, July 27- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 27: European Commission President Jean-Claude Juncker appears to be in no mood to give Britain an easy time in the Brexit negotiations. Then comes a dire report from the...

  • *Europe shares rise, Deutsche Bank down on revenue fall. *Japan stimulus lifts Asia shares, drives yen lower. LONDON, July 27- Stocks rose in Europe and Asia on Wednesday while the yen sank against the dollar, after Prime Minister Shinzo Abe said his government would present a $265 billion stimulus package to reflate the Japanese economy.

  • *Chicago wheat little changed after falling over 3 pct on Tuesday. HAMBURG, July 27- Chicago wheat fell on Wednesday, as dealers weighed up the impact of falling European Euronext futures against a crop tour forecasting lower U.S. harvest yields. The Chicago Board Of Trade's most-active September wheat contract fell 0.1 percent to $4.14-1/ 2 a bushel at 1057 GMT.

  • BERLIN— German solar panel-maker SolarWorld says it is appealing a U.S. court's ruling ordering it to pay $793 million in damages to Michigan- based supplier Hemlock Semiconductor Corp.. SolarWorld says it expects the appeal against Tuesday's ruling to take about one year. Hemlock sued SolarWorld in a dispute over a long-term contract to supply the German...

  • BERLIN— Volkswagen says its global sales rose 5.1 percent in June compared with a year earlier, fueled by gains in China and Europe and bolstering its performance over the year's first half. Sales were up 4.4 percent in Europe and 18.7 percent in China. They rose 3.8 percent in Europe and 6.8 percent in China but dropped 7.2 percent in the U.S. and 33.1 percent in...

  • BRUSSELS— The European Union has appointed Frenchman Michel Barnier to lead to the negotiations on Britain's exit from the union once London decides to initiate the talks. EU Commission President Jean-Claude Juncker on Wednesday called him "a skilled negotiator with rich experience in major policy areas relevant to the negotiations."

  • BERLIN— Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain's vote on European Union membership weighed on markets. Germany's biggest bank said Wednesday that it eked out net earnings of 20 million euros in the April-June period, down from 818...

  • PARIS, July 27- Airbus Group took a 1.4 billion euro hit for problems with Europe's troubled A400M troop plane and its A350 jetliner on Wednesday, clouding better than expected quarterly profits. Delays in deliveries of another keenly awaited jet, the revamped A320neo jetliner, which competes with Boeing's upcoming 737 MAX, also weighed on Europe's largest...

  • PARIS— Air France, facing a strike by cabin crew at the height of the summer vacation season, is warning of pressure on its finances amid concerns about France as a tourist destination after a string of deadly attacks. Air France cancelled over 10 percent of flights Wednesday amid its latest strike, by cabin crew. It warned the global context this year remains "...

  • *Japan stimulus lifts Asia shares, drives yen lower. LONDON, July 27- Stocks rose in Europe and Asia on Wednesday while the yen sank against the dollar, after Prime Minister Shinzo Abe said his government would present a $265 billion stimulus package to reflate the Japanese economy. Germany's DAX index rose 0.8 percent and has recouped all losses incurred since...

  • GENEVA _ STMicroelectronics NV on Wednesday reported second-quarter profit of $23 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share. STMicroelectronics shares have declined nearly 2 percent since the beginning of the year.

  • PARIS, July 27- AccorHotels said on Wednesday it had entered exclusive talks to buy concierge service provider John Paul, further beefing up its response to the challenges of Airbnb. Under the terms of the deal, AccorHotels- the world's fifth-largest hotel group- will acquire 80 percent of John Paul for about $150 million in equity and debt, with the company's...

  • LONDON, July 27- Reports of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on Wednesday, as investors bet the Bank of Japan would match that with a new bout of money-printing aimed at weakening its currency. The latest volley in that debate was a report by the Wall Street Journal, again denied by the Ministry of...

  • PARIS, July 27- French automaker PSA Group shrugged off a drop in Chinese sales and an ageing lineup to deliver record first-half profit, as Chief Executive Carlos Tavares made progress on his turnaround plan for the maker of Peugeot, Citroen and DS cars. But the Paris- based carmaker fell behind archrival Renault in global deliveries for the first half, as sales of...

  • SINGAPORE, July 27- Coal prices in 2016 have regained their footing above the psychological threshold of $50, leaving the oil industry wondering when crude prices will return to form. Starting June 1, benchmark API2 coal futures in Rotterdam have rallied 20 percent to around $60 a tonne, the highest in a year, while Asia benchmark API4 futures have climbed 15.6...

  • PARIS— Airbus Group suffered 1.4 billion euros in losses linked to its troubled A400M military transporter and A350 passenger jet in the first half of the year, though profits rose thanks to asset sales and a satellite launch merger. In the second quarter, Airbus finalized its sale of a stake in Dassault Aviation and the creation of Airbus Safran Launchers joint...