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  • BRUSSELS, July 17- Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants' data, underlining regulators' increasing focus on how tech companies exploit customer information. The European Commission has been seeking feedback from retailers and manufacturers since September into Amazon's dual...

  • LONDON, July 17- Sterling fell below $1.24 to a more than two-year low on Wednesday as markets continued to price in the growing risk of Britain crashing out of the European Union without a transition arrangement in place. With economic data also showing the UK economy struggling to gain traction, heaping more pressure on the Bank of England to ease monetary...

  • Changes to apply to sites in Germany, Europe, America and Asia. FRANKFURT, July 17- Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, taking action to appease regulators as pressure on the e-commerce giant grows in Europe and the United States. The changes will apply not only to Germany,...

  • PARIS, July 17- European car sales dropped 7.9% in June, led by bigger declines for Nissan, Volvo and Fiat Chrysler, according to industry data published on Wednesday. Registrations fell to 1.49 million cars last month from 1.62 million a year earlier across the European Union and EFTA countries, the Brussels- based Association of European Carmakers said in a...

  • *Changes to apply to sites in Germany, Europe, "America and Asia". FRANKFURT, July 17- Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer. It added the changes, to take effect in 30 days, would apply not...

  • LONDON, July 16- Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troughs against the euro as the two candidates to be Britain's next prime minister vied to outgun each other on taking a harder Brexit stance. Their positions appear to be leading markets to price a sharply higher risk of Britain leaving the...

  • LONDON, July 16- Sterling plunged briefly below $1.24 for the first time in 27 months on Tuesday and also hit six-month troughs against the euro as the two candidates to be Britain's next prime minister vied to outgun each other on taking a harder Brexit stance. Their positions appear to be leading markets to price a sharply higher risk of Britain leaving the...

  • *EU to refuse if new UK PM asks to change divorce terms. BRUSSELS/ LONDON, July 16- The European Union is bracing for either a no-deal Brexit or another delay if Boris Johnson becomes Britain's prime minister next week with a pledge to renegotiate a deal the bloc says it will not reopen. Such is the concern about the likely impact on the $18.7 trillion EU economy that...

  • *Gilead makes $3.95 bln upfront payment, $1.1 equity investment. *Gains access to drug pipeline outside Europe. July 15- U.S. antiviral drugmaker Gilead Sciences will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV, news that lifted Galapagos's shares more than 18% to an all-time high on Monday.

  • Iran, prefer more diplomacy- EU@. *FACTBOX- Responses to Iran enrichment plans. She spoke at the end of an European Union foreign ministers meeting after Britain said there was only a "small window" of time to salvage the deal, while Iran warned it would ramp up uranium enrichment if the EU failed to do more to that end.

  • *FACTBOX- Responses to Iran enrichment plans. *FACTBOX- Curbs imposed by Iran nuclear deal. BRUSSELS, July 15- Britain said on Monday there was a "small window" of time to save the Iran nuclear deal, as Tehran signalled it would ramp up its nuclear programme-- seen by the West as a cover for making atomic bombs-- if Europe failed to do more to salvage the pact.

  • *Gilead makes $3.95 bln upfront payment, $1.1 equity investment. *Gains access to drug pipeline outside Europe. July 15- U.S. antiviral drugmaker Gilead Sciences will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV, news that lifted Galapagos's shares 18 percent to an all-time high on Monday.

  • HONG KONG/ NEW YORK/ LONDON/ BRUSSELS, July 15- R eluctance to accept AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion- poised to be the world's biggest this year- investors and bankers said, putting would-be floats on notice that careful pricing remains key to deal success. After a week-long global roadshow, the shares had been due to price...

  • *Shares were being sold in indicative range of HK $40- HK $47. HONG KONG/ NEW YORK, July 12- Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd, in what would have been the world's biggest initial public offering of 2019.. The cancellation, against the backdrop of a...

  • DUBLIN, July 12- Ireland must be careful not to bow to beef farmers' wishes to thwart an EU-Mercosur free trade deal only to prejudice access to more important markets, the prime minister warned on Friday. Ireland's parliament wants Prime Minister Leo Varadkar's government to lead opposition inside the European Union to the draft deal Brussels struck two weeks...

  • BRUSSELS, July 11- The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's "illegal" drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows. "The Council endorses the Commission's proposal to reduce the pre-accession assistance to Turkey for 2020...

  • BRUSSELS, July 11- The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's "illegal" drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows. "The Council endorses the Commission's proposal to reduce the pre-accession assistance to Turkey for 2020...

  • PARIS, July 11- France's Senate gave final approval to a tax on big technology companies on Thursday, potentially opening up a new front in a trade row between Washington and the European Union. The 3% levy will apply to revenue from digital services earned in France by firms with more than 25 million euros in French revenue and 750 million euros worldwide.

  • PARIS, July 11- France's Senate on Thursday gave final approval to a tax on big technology companies, potentially opening a new front in a trade row between Washington and the European Union. The 3% levy will apply to revenue from digital services earned in France by firms with over 25 million euros in French revenue and 750 million euros worldwide.

  • BRUSSELS, July 11- The European Union will put on hold high-level talks with Ankara and negotiations on an air transport agreement, as well as freezing funding for Turkey next year, over "illegal" drilling for gas and oil off Cyprus, according to a draft statement seen by Reuters. "The Council endorses the Commission's proposal to reduce the pre-accession...