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  • *OPEC will live through internal differences- Novak. OPEC to meet in Vienna next week. MOSCOW, May 29- Russian Energy Minister Alexander Novak believes that it is too early to write off OPEC despite internal differences within the group, he said on the ministry's Twitter feed, days before the organization meets to discuss its production policy.

  • PARIS, May 29- Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. "We have collected a lot of computer data," Houlette said in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the...

  • TOKYO, May 29- Japanese Finance Minister Taro Aso said the lower house of the parliament should be dissolved followed by a general election if the increase in the consumption tax is delayed, the Kyodo news agency reported on Sunday. Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax- planned for April 2017- by two and a half years, a government...

  • FRANKFURT, May 29- Next week will provide investors with clues as to how far the U.S. Federal Reserve is from its next interest rate hike and whether the European Central Bank will see out the year without easing its monetary policy again. Trading in U.S. federal funds futures on Friday implied a 26 percent chance of an increase at the June 14-15 meeting and 56...

  • BERLIN— German airline Lufthansa says it is suspending its flights to Caracas, citing the difficult economic situation in Venezuela. Lufthansa spokesman Andreas Bartels said Sunday that the company is suspending its three weekly Frankfurt- Caracas flights "until further notice" from June 17. He cited Venezuela's economic situation and difficulties in...

  • PARIS, May 29- French Prime Minister Manuel Valls is determined not to join a long list of politicians who have conceded defeat to protesters, he told the Journal Du Dimanche newspaper, as the government prepares to dig in its heels on labour reform. In the mid-1990s Prime Minister Alain Juppe triggered France's worst unrest in decades because he would not budge...

  • FRENCH FINMIN SAPIN SAYS WILL NOT NEGOTIATE DEAL WITH GOOGLE OVER BACK TAXES.

  • PARIS, May 29- France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said. Sapin, speaking in an interview with Reuters and three European newspapers, ruled out negotiating any deal with Google on back taxes, as...

  • FRENCH FINMIN SAYS "WILL GO ALL THE WAY" ON TACKLING MULTINATIONALS' TAX CASES.

  • "MORE CASES COULD FOLLOW," FRENCH FINMIN SAPIN SAYS AFTER TAX RAIDS AT GOOGLE, MCDONALD'S.

  • PARIS, May 29- A plan to overhaul labor rules is crucial to proving France's ability to reform, and the government will stand by it despite street protests and refinery blockades, Finance Minister Michel Sapin said in an interview. The government is under pressure to find a solution to its standoff on the labor reform with hardline union CGT ahead of the June 10...

  • The prime minister, who has promised to announce steps on Tuesday to spur economic growth and promote structural reform, is also expected to order an extra budget to fund stimulus measures, just two months into the fiscal year and on the heels of a supplementary budget to pay for recovery from recent earthquakes in southern Japan. After chairing a summit of Group...

  • BEIJING— A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product was transformed into a fair-skinned Asian man. Shanghai Leishang Cosmetics Ltd. Co. said it strongly shuns and condemns racial discrimination but blamed foreign media for amplifying the ad, which first appeared on Chinese...

  • WASHINGTON— A federal judge is ordering the release of Trump University internal documents in a class-action lawsuit against the now-defunct real estate school owned by presumptive Republican presidential nominee Donald Trump. District Judge Gonzalo Curiel in San Diego, which came Friday in response to a request by The Washington Post, calls for the...

  • TOKYO, May 29- Prime Minister Shinzo Abe plans to delay an increase in Japan's sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election. Abe told Finance Minister Taro Aso and the secretary general of his ruling Liberal Democratic Party, Sadakazu Tanigaki, on Saturday of his plan to...

  • "We deeply regret that for these reasons, we will be forced to suspend our service between Caracas and Frankfurt as of June 18," the company wrote in a statement, noting that demand for international flights to Caracas dropped in 2015 and the first quarter of 2016.. Lufthansa does not plan to shut its office in Caracas. American Airlines in March said it was scrapping...

  • NEW YORK— A restaurant considered by many to be New York City's original power lunch spot has found a new location. The Four Seasons has been a favorite of celebrities and business titans since it opened in the landmark Seagram Building in 1959. Restaurant owners Alex von Bidder and Julian Niccolini said Saturday they are relocating the restaurant to 280 Park...

  • WARRI, Nigeria— Militants blew up strategic gas and crude pipelines belonging to Shell and Agip on Saturday in an increasingly fierce campaign that has chopped Nigeria's oil production in half, militants and residents said. Nigeria's oil production had already fallen from a projected 2.2 million barrels a day to 1.4 million barrels before the latest attacks...

  • MUMBAI, May 28- The U.S. Department of Justice has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Senator Bernie Sanders and Democratic Representative Elijah Cummings. Sun Pharma, the world's...

  • YENAGOA, Nigeria, May 28- Militants attacked a crude oil pipeline operated by Italy's ENI on Saturday, a Nigerian state government said, hours after the Niger Delta Avengers militants claimed another strike in the region. Nigeria's oil output has fallen to a 20- year low due to attacks on pipelines in the southern swamps, home to much of its hydrocarbon resources,...