Europe Top News and Analysis Netherlands

More

  • A Federal Office of Justice spokesman said Friday that van Gogh's "La Maison de Vincent a Arles" and "Saint- Georges Majeur" and Monet's "Nympheas avec Reflets de Hautes Herbes" were confiscated on Thursday. Justice officials declined to estimate the value of the works, but Christie's Web site says "La Maison de Vincent a Arles" sold for nearly $5.5 million at a New York...

  • *German exports to Britain stagnated in Jan-May period. *Britain likely to remain major market for Germany. BERLIN, July 21- Some German companies are holding off making investments in Britain until they know more about the relationship the country will forge with the rest of Europe following the Brexit vote.

  • *Ruling affirms Philippines rights over energy-rich Reed Bank. MANILA, July 22- The Philippines, eager to resume development of vital oil and gas reserves off its coast, will likely need to reach an accord with a Chinese government infuriated by last week's ruling that granted Manila a big victory in the South China Sea. Beijing has refused to recognize the ruling...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • MILAN, July 22- Online retailer Amazon.com is set to announce on Friday the first in a series of investments in Italy worth at least 500 million euros, a bet on the government's plan to go from laggard to leader in digital commerce, sources said. Amazon will invest 150 million euros to build a major storage and logistics center outside Rome, its second in Italy, said...

  • THE HAGUE, Netherlands _ Schlumberger NV on Thursday reported a second-quarter loss of $2.16 billion, after reporting a profit in the same period a year earlier. The average estimate of 20 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Fourteen analysts surveyed by Zacks expected $7.13 billion.

  • CHICAGO, July 21- U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. "Right now they are focusing on mostly normal temperatures after this heat rolls through, which is only going to last two to three days," said Jim Gerlach, president of A/C Trading in Fowler, Indiana. Chicago Board of Trade December corn futures...

  • BERLIN— Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.; The Conference Board releases the Consumer Confidence Index for July, 10 a.m.; Commerce Department releases new home sales for June, 10 a.m.;...

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. State-owned SriLankan Airlines aims to reduce its debt and is looking for an international partner to...

  • *Malaysia Attorney General says no evidence of misappropriation. *Singapore seizes $240 million in 1 MDB-related funds. KUALA LUMPUR/ WASHINGTON, July 21- Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with...

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. "A team from the airline is in Pakistan for negotiations. We will lease one A330, latest next month, on wet...

  • PARIS, July 21- PSA Group unveiled a second Iranian manufacturing deal on Thursday as the French carmaker seeks to reclaim the leading position it once enjoyed in the Middle East's biggest auto market, until U.S.-led sanctions forced its withdrawal. The Paris- based carmaker struck a framework deal with Iranian counterpart SAIPA to invest 300 million euros in...

  • PARIS, July 21- French carmaker PSA Group said on Thursday it had signed a framework deal with Iranian counterpart SAIPA to produce and sell vehicles for its Citroen brand in the country. Under the agreement, to be finalised by the end of 2016, Citroen and its Iranian partner will invest 300 million euros over five years in manufacturing, research and development,...

  • *German exports to Britain stagnated in Jan-May period. *Britain likely to remain major market for Germany. BERLIN, July 21- Some German companies are holding off making investments in Britain until they know more about the relationship the country will forge with the rest of Europe following the Brexit vote.

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. We will lease one A330, latest next month, on wet lease, " Kabir Hashim, Minister of Public Enterprise...

  • LONDON, July 21- World stocks faded after hitting nine-month highs on Thursday, cooled by signals from Japan that its next shot of stimulus won't include hand-out' helicopter money'. The European Central Bank, at its first post-Brexit meeting, opted to keep its record low interest rates on hold and Wall Street markets looked to be heading for a subdued restart.

  • July 21- French construction group Bouygues is employing more than 100 Indian laborers to work on a hotel it is building in Cuba, breaking a taboo in the Communist-run country on hiring foreign labor in order to meet increased tourism demand. For a country struggling to prop up export revenue in the face of low commodity prices, foreign workers on the Caribbean...

  • PARIS— British Prime Minister Theresa May says her country stands "shoulder to shoulder" with France following the deadly truck attack in Nice and gave reassurances that critical partnerships like intelligence cooperation with Paris and NATO obligations won't be hurt by Britain's exit from the European Union. Speaking at a news conference Thursday in...

  • MILAN, July 21- The European Central Bank will examine on Thursday a plan by Monte dei Paschi to sell bad loans, three sources close to the matter said, as Italy's third-largest bank works to comply with a regulatory demand to strengthen its balance sheet. The stock has already lost 74 percent this year against a 50 percent drop for the sector in Italy.