Europe Top News and Analysis Netherlands

More

  • NEW YORK— Wall Street is hurting, and Main Street doesn't care. It's an about-face from the early years of the economic recovery, which began in 2009, when stocks and big banks were soaring but many on Main Street felt like they were getting left behind. The divergence underway between Main Street and Wall Street highlights the difference between the U.S. stock...

  • *Kerry says Russia must change targets to adhere to peace deal. MUNICH, Feb 13- The United States and France criticised Russia on Saturday for bombing civilians in Syria, a charge Russian Prime Minister Dmitry Medvedev rejected as major powers bickered openly a day after agreeing to a pause in combat. Secretary of State John Kerry accused Russia of hitting...

  • MUNICH- RUSSIAN BILLIONAIRE VEKSELBERG SAYS POTENTIALLY INTERESTED IN BUYING STAKES IN DIAMOND MINER ALROSA, OTHER MINERS WHEN ASSETS PRIVATISED.

  • MUNICH- VEKSELBERG SAYS NOT INTERESTED IN ACQUIRING OIL OR GAS STAKES IN RUSSIAN COMPANIES.

  • MUNICH- VEKSELBERG SAYS BUYING STAKES WILL DEPEND ON PRICE, SALES CONDITIONS; SAYS CURRENT PRICES FOR RUSSIAN ASSETS "REASONABLE".

  • DIARY-Top Economic Events to Feb 27 Friday, 12 Feb 2016 | 7:01 PM ET

    BRUSSELS- European Central Bank President Mario Draghi speaks at the European Parliament- 1400 GMT. TUESDAY, FEBRUARY 16 WASHINGTON- Minneapolis Federal Reserve Bank President Kashkari speaks at Brookings Institution- 1530 GMT. NEWARK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the 2016 Economic...

  • Business events scheduled for the coming week Friday, 12 Feb 2016 | 2:36 PM ET

    WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • *Market lifted by UAE comments on potential coordinated OPEC cut. NEW YORK, Feb 12- U.S. crude prices jumped more than 10 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets added to the risk appetite in oil. The UAE's comments, coming after vain efforts earlier in the week by...

  • *Market lifted by UAE comments on potential coordinated OPEC cut. NEW YORK, Feb 12- U.S. crude prices jumped 12 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets and the euro added to the risk appetite in oil. The UAE's comments, coming after vain efforts earlier in the week...

  • BERLIN, Feb 12- Polish Prime Minister Beata Szydlo said on Friday she was alarmed by the support of some European countries for a gas pipeline project with Russia, warning that such policy went against the European Union's sanctions against Moscow. Russia's Gazprom and its European partners signed a shareholders' agreement on the Nord Stream-2 project last...

  • *Low oil prices lift spending less than before-CEOs. LONDON, Feb 12- Consumer companies are offering investors a small degree of relief from the turmoil in banking and resources in a results season dominated by fears about slowing economic growth. "In the context of a market that's in meltdown, the performance consumer goods has been delivering is pretty good,"...

  • PARIS— Moroccan authorities have given furniture giant Ikea the green light to open its first store in the North African kingdom after months of uncertainty. The store was due to open near Casablanca in September, but received a last-minute notice saying the company lacked the proper certificate of conformity. The Moroccan government then announced a...

  • *Tender is for bonds worth 3 bln euros and $2 billion. FRANKFURT, Feb 12- Deutsche Bank will buy back more than $5 billion in senior debt, it said in a statement on Friday, sending its shares higher. Deutsche Bank has had 215 billion euros in liquidity reserves, of which 50 billion euros are in senior debt.

  • Britain, France and Germany are among the countries to have asked the European Commission to help Europe's steel industry, which is suffering from falling prices and cheap imports from China and Russia. On Friday, the European Commission announced investigations into whether seamless pipes, heavy plates and hot-rolled flat steel are sold into Europe at...

  • FRANKFURT, Germany— Germany's Deutsche Bank is offering to buy back more than $5 billion worth of its own bonds in a show of financial strength after markets sold off its stock. Investors had sold off Deutsche Bank stock after it reported a yearly loss of 6.8 billion euros on Jan. 28. Deutsche Bank's shares rose over 8 percent to 14.82 euros in midafternoon trading...

  • FRANKFURT, Germany— After market jitters, Deutsche Bank offers to buy back billions in euro, dollar debt.

  • GRAINS-Soybeans at one-week high on export hopes Friday, 12 Feb 2016 | 8:21 AM ET

    *U.S. export sales, China return boost soybean market. *Wheat traders eye Egypt tender result after ergot row. PARIS/ SINGAPORE, Feb 12- Chicago soybeans extended gains to one-week highs on Friday, as higher than expected U.S. export sales and the prospect of post-holiday demand in China boosted demand prospects.

  • FRANKFURT, Germany— Automaker Volkswagen says global sales rose 3.7 percent in January, held back by sagging economies in Brazil and Russia and by an emissions scandal that hurt figures in the United States. The Wolfsburg, Germany- based automaker saw strong gains in China, where sales rose 14 percent, and more moderate increases in Western Europe.

  • *ChemChina deal will remove suspicion about GM crops in China- COO. SINGAPORE, Feb 12- ChemChina's purchase of Syngenta could remove some of the suspicion around genetically modified crops and ultimately lead to more rapid user acceptance of biotechnology in food production in China, Syngenta's Chief Operating Officer Davor Pisk told Reuters.

  • EU Commission proposals go beyond international guidelines. BRUSSELS, Feb 12- New rules to tackle multinationals' tax avoidance should not go beyond the scope of international guidelines, European Union finance ministers said on Friday, raising concerns about some of the proposals made by the European Commission in January. To reduce corporations' tax...