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  • AMSTERDAM _ Wright Medical Group Inc. on Tuesday reported a loss of $44.9 million in its fourth quarter. The average estimate of 16 analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. Wright Medical expects full-year results to range from a loss of 33 cents per share to a loss of 26 cents per share, with revenue in the range of $755...

  • FRANKFURT, Feb 21- Britain's government played down suggestions the London Stock Exchange's headquarters could move to Frankfurt after merging with Deutsche Boerse, but cautioned it was watching the deal closely. Under the terms of a merger deal struck before Britain voted to leave the European Union, Deutsche Boerse Chief Executive Carsten Kengeter is due...

  • BERLIN, Feb 21- Stuttgart, home to Germany's Mercedes-Benz and Porsche, said on Tuesday it will ban from next year diesel cars which do not meet the latest emissions standards from entering the city on days when pollution is heavy. Particulates often exceed thresholds set by the European Union in at least 90 German towns, including Stuttgart, which is...

  • BERLIN, Feb 21- Stuttgart, home to Germany's Mercedes-Benz and Porsche, said on Tuesday it will ban from next year diesel cars which do not meet the latest emissions standards from entering the city on days when pollution is heavy. Particulates often exceed thresholds set by the European Union in at least 90 German towns, including Stuttgart, which is...

  • *Plant will be Daimler's first car production in Russia. MOSCOW/ FRANKFURT, Feb 21- German automaker Daimler will open a plant near Moscow to make Mercedes-Benz cars, it announced on Tuesday, the first new investment by a major Western automaker since sanctions were imposed on Russia three years ago. Russia is of strategic importance for Mercedes-Benz and an...

  • LONDON, Feb 21- Sterling rose almost 1 percent against the euro on Tuesday, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit the single currency. The pound rose as high as 84.45 pence per euro, up 0.9 percent on the day, after the Elabe poll showed the lead of centrist Emmanuel...

  • FRANKFURT/ PARIS, Feb 21- PSA Group told German Chancellor Angela Merkel and top labour representatives that it would uphold Opel and Vauxhall job guarantees if it buys the European arm of General Motors, though some analysts say thousands of job losses are likely eventually. As part of a sweeping charm offensive of the political and automotive establishment...

  • FRANKFURT/ PARIS, Feb 21- PSA Group told German Chancellor Angela Merkel and top labor representatives that it would uphold Opel and Vauxhall job guarantees if it buys the European arm of General Motors, though some analysts say thousands of job losses are likely eventually. As part of a sweeping charm offensive of the political and automotive establishment in...

  • BERLIN— Chancellor Angela Merkel has called the chief executive of PSA Group, the maker of Peugeot and Citroen cars, to discuss its potential takeover of General Motors' German subsidiary. Merkel's spokesman said PSA boss Carlos Tavares told her Tuesday that the Opel unit would remain independent within the group. Opel employs 19,000 people in Germany out of a...

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • *Bucharest stocks at 9- year high, Banca Transilvania record high. *Warsaw stocks hits 18- month high, Prague highest since Dec 2015. BUDAPEST, Feb 21- Bucharest stocks hit a 9- year high on Tuesday, driven by surging Banca Transilvania as bank stocks fuelled a rally in Central European equities markets.

  • FRANKFURT, Feb 21- Britain should block any attempt by Germany to shift the headquarters of the London Stock Exchange to Frankfurt after it merges with rival Deutsche Boerse, a British lawmaker said on Tuesday. Under the terms of the deal to create Europe's biggest stock market, Deutsche Boerse Chief Executive Carsten Kengeter is due to head the combined group,...

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher, says Sec-Gen. LONDON, Feb 21- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

  • BERLIN— Authorities in southwest Germany are banning older diesel cars from driving in the city of Stuttgart starting next year. The measure was passed Tuesday by Baden-Wuerttemberg's state government, a coalition of the environmentalist Green Party and Chancellor Angela Merkel's Christian Democratic Union. Stuttgart is home to German automakers...

  • ROME— From specialty shops in Rome to supermarkets around the world, lovers of Italian olive oil are in for some sticker shock this year, with prices due to jump by as much as 20 percent. The combination of bad weather and pests hit the harvest in Southern Europe, most of all in Italy, where production is halved from last fall. That's pushing up Italian wholesale prices...

  • VIENNA— Austrian court approves U.S. extradition request for Ukrainian oligarch Dymitro Firtash.

  • *PSA CEO met with Opel labour chiefs, union reps on Monday. FRANKFURT/ PARIS, Feb 21- PSA Group has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors, though some analysts say thousands of jobs are eventually likely to go for the deal to work. General Motors has pledged not to impose forced redundancies on some of...

  • *PSA CEO met with Opel labor chiefs, union reps on Monday. FRANKFURT/ PARIS, Feb 21- PSA Group has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors, though some analysts say thousands of jobs are eventually likely to go for the deal to work. General Motors has pledged not to impose forced redundancies on some of...

  • PARIS/ SINGAPORE, Feb 21- Chicago soybean futures edged higher on Tuesday after a two-session slide, with heavy rain in major exporter Argentina bringing weather risks back into focus. Gains were limited by overall expectations for large soybean harvests in Argentina and Brazil, as well as a sharp rise in the dollar that makes U.S. grains more expensive overseas.

  • PARIS— Tourism to Paris is showing signs of a revival after a yearlong slump attributed to deadly extremist attacks, violent labor protests, strikes and floods. The biggest drop came in demand for Paris hotels from Chinese, Japanese, Russian and Italian tourists, according to 2016 figures released Tuesday by the Paris regional tourism committee.