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  • The rail merger deal would have created the world's second largest rail company with combined revenues of around 15 billion euros, roughly half the size of China's state-owned CRRC Corp Ltd but twice the size of Canada's Bombardier. Germany and France support the deal, saying it would help secure the competitiveness of the European rail industry.

  • *EU moving closer to aggressive U.S. policy to isolate Iran. The French, British, German, Danish, Dutch, and Belgian diplomats in the Iranian foreign ministry room had incensed the officials with a message that Europe could no longer tolerate ballistic missile tests in Iran and assassination plots on European soil, according to four EU diplomats.

  • BRUSSELS, Jan 18- The European Union will impose duties from Saturday on Chinese electric bicycles to curb cheap imports which European producers say benefit from unfair subsidies and are flooding the market. E-bikes coming from China will be subject to tariffs of between 18.8 and 79.3 percent, a filing in the EU's official journal said on Friday, in line with...

  • *Ghosn detained in Tokyo since initial arrest on Nov. 19. TOKYO, Jan 18- Carlos Ghosn improperly received $9 million in compensation from a joint venture between Nissan Motor and Mitsubishi Motors, the Japanese automakers said on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement. In the latest twist to the saga of the...

  • THE HAGUE, Jan 17- Angry Dutch citizens on Thursday asked their country's highest court to put an immediate end to natural gas production in the Groningen region due to the risk of earthquakes. Once Europe's largest gas field, decades of extraction have led to dozens of minor tremors every year, damaging thousands of homes and sparking unrest among locals and...

  • The installation will take place this summer.

  • THE HAGUE, Jan 17- Angry Dutch citizens on Thursday will ask their country's highest court to put an immediate end to gas production in the Groningen region due to the risk of life-endangering earthquakes. The Dutch High Court last week said it would hear two "pressing" objections to the government's production plans on Thursday, while 26 other complaints from...

  • *Firms urge UK government to avoid no-deal Brexit. LONDON, Jan 16- Business leaders in Britain and beyond warned on Wednesday of catastrophic job losses and chaos at ports if the country does not agree a European Union withdrawal, turning up the heat on politicians to deliver clarity. A Brexit agreement that would have secured tariff-free trade and safeguarded...

  • LONDON, Jan 16- Business leaders in Britain and beyond warned on Wednesday of catastrophic job losses and chaos at ports if the country does not agree a European Union withdrawal, turning up the heat on politicians to deliver clarity. A Brexit agreement that would have secured tariff-free trade and safeguarded just-in-time cross-border supply chains was...

  • *Departure could lead to split of firm- Liberum. *Stock underperformed peers over last 3 years. Jan 16- Reckitt Benckiser Chief Executive Rakesh Kapoor will retire this year, paving the way for a potential change in strategy or break-up of the British consumer goods maker.

  • LONDON, Jan 15- Lawyers for Vedanta Resources told England's Supreme Court on Tuesday that a case raised against the mining company by nearly 2,000 Zambian villagers should be heard in Zambia not London. India- listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing a lower court ruling that a case in which...

  • FRANKFURT/ DUBLIN, Jan 15- Germany's drug safety regulator has concluded that Brexit will not put its patients at risk of losing access to essential drugs while Ireland has drawn up a watch list of some 24 medicines whose supply would be most vulnerable if Britain crashes out without a divorce deal. For its part, Germany's Federal Institute for Drugs and Medical...

  • LONDON, Jan 15- Total has launched the sale of its offshore gas fields in the Netherlands, a move that would mark the French energy giant's exit from Dutch upstream production after 55 years, industry and banking sources said. The Paris- based company hired investment bank Jefferies in December to run the process that could raise $300 to $400 million, according to...

  • *GRAPHIC: China's trade and economy: http://tmsnrt.rs/2iO9Q6a. LAUNCESTON, Australia, Jan 15- Anybody reading the commentary on China's December trade figures would be left with the impression of an economy increasingly losing momentum amid a dispute with the United States. The trade data was grist to the mill for those taking the view that China's economy is...

  • *China fuel exports at record 58.64 mln T for 2018. China oil imports surge: https://tmsnrt.rs/2SPHU3R. December shipments into China, the world's top crude oil buyer, were at 43.78 million tonnes, or 10.31 million barrels per day, holding above the 10 million bpd mark for the second straight month, and just a touch below the record of 10.43 million bpd in November,...

  • SAO PAULO, Jan 11- At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. But when he needs to seal a deal, Bernardo has a go-to option for financing: the Brazilian unit of Spain's Banco Santander. That business helped power Madrid- based Santander through Brazil's...

  • BRUSSELS, Jan 10- The European Commission said on Thursday that it had opened an in-depth investigation into the tax treatment of Nike Inc in the Netherlands, saying this may have given the U.S. sportswear maker an illegal and unfair advantage. The Commission said in a statement that Dutch authorities had issued five tax rulings from 2006 to 2015, two of which are...

  • AMSTERDAM, Jan 9- The Dutch High Court said on Wednesday it would consider demands on Jan. 17 seeking an immediate end to gas production from the Groningen field, after the government said it would cut output gradually. The High Court said it had received 26 objections to the plan, ranging from civilians to local and regional authorities, expressing concerns about...

  • *Austria, Netherlands, Germany auction bonds. LONDON, Jan 8- Anticipation of 35 billion euros of new government debt issuance this week kept upward pressure on euro zone bond yields on Tuesday, overshadowing more weak data from Germany and a decline in euro zone economic sentiment. Austria, Germany and the Netherlands held auctions on Tuesday.

  • *Austria sells 1.1 bln euros of bonds, Netherlands 1.55 bln euros, and German 400 mln euros. LONDON, Jan 8- Anticipation of some 35 billion euros of new government debt issuance this week and recovering risk sentiment kept upward pressure on bond yields on Tuesday, despite more weak data from Germany and a drop in euro zone economic sentiment. Austria, Germany and the...