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  • SAN FRANCISCO, Oct 22- Databricks, a data analytics platform using artificial intelligence, said on Tuesday it raised $400 million in a series F funding round led by venture capital firm Andreessen Horowitz, valuing the company at $6.2 billion. The latest round comes only months after Databricks announced a $250 million funding round in February that was also...

  • LONDON, Oct 22- Mario Draghi hands over power at the European Central Bank to Christine Lagarde amid fierce debate over the ultra-loose money policies he spearheaded to aid a eurozone recovery from the financial crisis. Led by German and Dutch central bank chiefs, dissenters on the ECB's Governing Council fear a reliance on negative interest rates and the...

  • LONDON, Oct 22- Reckitt Benckiser's new chief executive promised on Tuesday to step up spending on its brands and improve performance after the British household goods maker cut its full-year sales forecast for a second time. "We are not pleased with where we are and we must consistently deliver," Laxman Narasimhan, who took over from long-time CEO Rakesh Kapoor...

  • Italy's biggest bank is looking at whether it can distance itself from its home country's stagnating economy and fractious politics by putting some of its most prized assets under one roof in Germany, people familiar with the matter said. Jean Pierre Mustier will unveil on Dec. 3, as part of his new business plan, a scheme to set up a new sub-holding company in...

  • NETHERLANDS- Dutch workers and employers pay into private pension funds that effectively promise to finance a final pension at a specific level. FRANCE- France has occupational pensions that are operated by the state. Final pensions tend to be not as generous as those in the Netherlands but compare well internationally, replacing 75% of pre-retirement...

  • *FTSE 100 up 0.2%, FTSE 250 down 0.5%. Oct 17- Britain's FTSE 250 slid on Thursday after Northern Ireland's Democratic Unionist Party cast doubts on the prospects of a Brexit deal, while shares of building materials suppliers and homebuilders tumbled after Grafton's profit alert. The FTSE 100 snapped a three-day losing run and edged 0.2% higher by 0800 GMT, helped...

  • The ECB cut rates deeper into negative territory last month and agreed to restart bond purchases, a divisive move that was opposed by more than a third of the rate-setting Governing Council, an unusually high level of dissent for a normally collegial body. Several Governing Council members, including the central bank chiefs of Germany, Austria and the...

  • NEW YORK, Oct 16- The European Central Bank will implement its September stimulus package in full and it is now time to turn the page after weeks of open disagreement about the measures, French central bank chief Francois Villeroy de Galhau said on Tuesday. The ECB cut rates deeper into negative territory last month and agreed to restart bond purchases, a divisive...

  • The downbeat report from the Commerce Department on Wednesday came on the heels of data this month showing a moderation in job growth and services sector activity in September. The economy is being hamstrung by a 15- month trade war between the United States and China, which has soured business sentiment, leading to a decline in capital expenditure and a...

  • The downbeat report from the Commerce Department on Wednesday came on the heels of data this month showing a moderation in job growth and services sector activity in September. The economy is being hamstrung by a 15- month trade war between the United States and China, which has soured business sentiment, leading to a decline in capital expenditure and a...

  • THE HAGUE, Oct 16- Police in the Dutch city of The Hague closed its central parliament square on Wednesday to keep out farmers protesting over what they see as attempts to blame them for nitrogen pollution. Thousands of irate farmers had driven tractors to The Hague hours earlier in their third large protest in a matter of weeks. Tractor convoys set out in the early...

  • LONDON, Oct 16- Dozens of mothers with babies and young children defied a police ban on climate protests to stage a "nurse-in" outside the offices of Google on Wednesday. The mothers said they had launched their protest in response to a report in Britain's Guardian newspaper last week that said Google has made substantial contributions to climate deniers in...

  • AMSTERDAM, Oct 16- Thousands of Dutch farmers on tractors blocked traffic in and around The Hague on Wednesday in protest against what they say are attempts to blame them for nitrogen pollution. Convoys of tractors set out in the early morning, first for the city of Utrecht and later to The Hague, causing long traffic jams across the country. It is the third time the...

  • *Germany could curb stock trading if markets slide- source. FRANKFURT, Oct 16- Germany could use emergency measures to counter any market panic from a hard Brexit, an official with direct knowledge of the matter said, such as banning bets on falling share prices, a step last used in the financial crisis. Germany, whose Frankfurt stock market is one of Europe's largest,...

  • The convoys of tractors set out in the early morning for the city of Utrecht, and the farmers aimed to later take their protest to The Hague, where separate demonstrations were planned. More than 375 km of roadways were jammed, especially around Utrecht, according to road and drivers' organisation ANWB. A government environmental institute, that farmers say is...

  • LONDON, Oct 15- Climate change activists, including one of the founders of Extinction Rebellion, defied a police order to end protests on Tuesday after a week of disruption in London, targeting Britain's transport ministry and security agency MI5. The group, which uses civil disobedience to highlight the risks posed by climate change and the accelerating loss...

  • LUXEMBOURG, Oct 15- Agreeing a Brexit divorce deal has become "more and more difficult" this week but was still possible, the bloc's Brexit negotiator said on Tuesday, while Finland's EU minister said the bloc's leaders would discuss another delay. EU ministers gather in Luxembourg for the last preparatory meeting before the Thursday-Friday summit of the...

  • *Turkey condemns move, says will review cooperation with EU. LUXEMBOURG, Oct 14- European Union agreed on Monday to limit arms exports to Turkey over its offensive in northern Syria, prompting condemnation from Ankara, even as they stopped short of a bloc-wide embargo against a NATO ally. Italy, the top arms exporter to Turkey last year, said it would join a ban on...

  • LONDON, Oct 14- Climate activists targeted BlackRock, the world's biggest asset manager, in London on Monday, demanding that major financial institutions starve fossil fuel companies of the money they need to build new mines, wells and pipelines. Activists thronged the financial heart of London on Monday, unfurling banners, addressing passersby by megaphone...

  • *EU sold 45 mln euros in arms, ammunition to Turkey in 2018. LUXEMBOURG, Oct 14- European Union governments agreed on Monday to limit arms exports to Turkey over its offensive in northern Syria, stopping short of a bloc-wide embargo on a NATO ally. Italy, the top arms exporter to Turkey last year, said it would join a ban on selling weapons and ammunition to Ankara after a...