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  • *Amsterdam attracting a series of new listings. Philips set an IPO price of 20 euros Thursday night, implying a market capitalisation of 3 billion euros, or an enterprise value of 4.5 billion euros including debt.. The shares rose eight percent to 21.45 euros in early trading in Amsterdam.

  • PARIS, May 27- Wracked by fears about rising unemployment for years, French households are at long last turning more optimistic, keeping an economic recovery on track despite waves of strikes and protests over a contested labour reform. "You'd really have to be a killjoy to say it's not getting better," economist Denis Ferrand at COE-Rexecode told Reuters.

  • *Anglo American focused on De Beers after overhaul. BENGALURU/ BRUSSELS, May 27- Anglo American Plc's De Beers named insider Bruce Cleaver as chief executive of the diamond group, which the global mining company is counting on to help revive its fortunes. However, producers are seeing scope for recovery, especially in the United States, which accounts for some 45...

  • *China slams G7 on statement on South China Sea. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. G7 leaders wrapped up a summit in central Japan...

  • AMSTERDAM— Shares in the lighting division of Dutch electronics giant Philips have soared, early on their first day of trading on the Amsterdam exchange. The price for Friday's initial public offering was set at 20 euros per share, giving the newly independent unit a market capitalization of 3 billion euros, but investors quickly drove the price up more than 7...

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • SHIMA, Japan— The leaders of the Group of Seven rich economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows. Meeting at a seaside resort with expansive views of a scenic bay and emerald-green islands, G-7 leaders...

  • Growing pressure for the west to block Beijing’s bid for “market economy status” and greater access to world markets, the FT reports.

  • Among the proposals, Trump said he would pull the United States out of the U.N. global climate accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to cut U.S. emissions and protect waterways from industrial pollution. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national...

  • France may also send an unmanned submarine and deep-sea retrieval equipment. The BEA is involved in the search because the crashed plane was an Airbus, manufactured in France. The cause of the crash, on a Paris- Cairo flight, is unclear.

  • Trump said he would pull the United States out of the U.N. global climate accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to cut U.S. emissions and expand protections for U.S. waterways. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and...

  • BONN, Germany— Climate negotiators ended their first talks after last year's landmark Paris Agreement on Thursday with some delegates expressing concern about the potential impact of upcoming votes in the U.S. and Britain. The 28- member EU has vowed to reduce greenhouse emissions by at least 40 percent by 2030 compared to 1990, but it's unclear what happens...

  • BISMARCK, ND, May 26- Donald Trump, the presumptive Republican presidential nominee, said on Thursday that he would pull the United States out of the U.N. global climate accord and slash environmental regulations on the energy industry if elected. The comments deepen the contrast between the New York billionaire and his Democratic rivals for the White House,...

  • Investigators suspect the burger chain of artificially reducing its profits and taxes in France through license fees and other money transfers to its European parent company in Luxembourg. The Oak Brook, Illinois- based company has said it pays all its income taxes in France in accordance with current legislation. But Eva Joly, lawyer for employee...

  • WASHINGTON— Commerce Department releases personal income and spending for April, 8:30 a.m.; Standard& Poor's releases S&P/Case-Shiller index of home prices for March and the first quarter, 9 a.m.;; The Conference Board releases the Consumer Confidence Index for May, 10 a.m.. WASHINGTON— Institute for Supply Management releases its manufacturing index for May,...

  • *All eyes on OPEC meeting to see if Saudis will hike output. NEW YORK, May 26- Oil prices tested the $50- per-barrel mark on Thursday as production outages brought a faster-than-expected recovery to an oversupplied market many thought will stay depressed through the year. While a crude glut could grow in coming months if demand stalls, wildfires in Canada's oil...

  • BERLIN, May 26- Amazon plans to start deliveries of fresh food in Berlin in coming months, a magazine reported on Thursday, as the ecommerce giant extends its foray into groceries beyond its home market. Germany is already Amazon's second-biggest market outside the United States, but grocery ecommerce has been slow to take off as the country has a high density of...

  • ZURICH, May 26- Credit Suisse has sold bonds worth 220 million Swiss francs to help insure against certain operational risks such as rogue trading and cybercrime, a source familiar with the matter said on Thursday. The bonds were marketed to asset managers, pension funds, reinsurers and hedge funds this month and priced last week, the source said, speaking on...

  • *Al Qaeda fighters in war-riven province tax smuggled fuel. DUBAI/ LONDON/ CAIRO, May 26- Al Qaeda may have been pushed out of the enclave it carved out in Yemen as the country descended into civil war, but the militants are still entrenched in other parts of the country's south, reaping profits from smuggled fuel. Home to Yemen's largest industrial project, a now-shut...

  • BRUSSELS— European Union lawmakers want tougher limits set on the U.S. using information about EU citizens that's exchanged under a new trans-Atlantic data agreement. The lawmakers urged the European Commission in a resolution Thursday to fix "deficiencies" in the Privacy Shield agreement governing data transfers to the U.S. for commercial purposes.