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  • FRANKFURT, Sept 18- A former joint venture partner of Steinhoff has asked a Dutch court to order an investigation into the South African group's annual accounts, which Steinhoff said it expected to be dismissed. News of the investigation wiped more than $2 billion off the value of Steinhoff's shares, which are listed in Germany and Johannesburg.

  • Facebook founder and chief Mark Zuckerberg (C) speaks to German Chief of Staff Peter Altmaier (R) at the so-called 'Facebook Innovation Hub' in Berlin on February 25, 2016.

    Some of the biggest companies in the world are finding they need to play by an entirely new set of rules on the once-anarchic internet.

  • AMSTERDAM, Sept 15- Emerging markets-focused telecoms company Veon Ltd warned on Friday that Uzbekistan's sharp currency devaluation last week would hurt its 2017 revenues and profits. Uzbekistan only accounts for 5.5 percent of Veon's underlying earnings before interest, tax, depreciation and amortisation, but revenues would be affected after the...

  • Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...

  • LONDON, Sept 14- A deal by BP to extend oil production-sharing in Azerbaijan by 25 years is profitable at current oil prices even after paying a signing bonus and cutting the firm's stake in the project, Chief Executive Bob Dudley said in an interview. The pact between a BP-led consortium and Azerbaijan to continue developing the Azeri-Chirag-Guneshli...

  • AMSTERDAM, Sept 14- Jefferies, the U.S. investment bank, said on Thursday it would open an office in Amsterdam to service clients across Belgium, the Netherlands and Luxembourg. The bank said Kasper van Griensven, who previously led Deutsche Bank's Dutch investment banking arm, would lead a seven person team based in the Amsterdam World Trade Center.

  • *Juncker proposes to open talks with Australia, New Zealand. STRASBOURG, Sept 13- The European Union wants to launch and conclude free trade negotiations with Australia and New Zealand in the next two years, European Commission President Jean-Claude Juncker said on Wednesday, opening up a potential race with Britain. Juncker said there was a good chance that the...

  • *MUFG has already picked Amsterdam as EU commercial banking hub. TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc said it has picked Amsterdam as its European Union investment banking base, as financial institutions prepare for Britain's exit from the EU. MUFG also said it plans to open an investment banking branch in Paris and that several dozen...

  • THE HAGUE, Netherlands— Dutch carrier KLM has cancelled 60 flights to and from European destinations as heavy winds buffeting Amsterdam's Schiphol Airport reduced the number of runways that could be used. The Royal Dutch Meteorological Institute has issued a warning for western coastal regions of the Netherlands of wind gusting up to 120 kilometers per...

  • BOSTON— Self-driving cars may not hit the road in earnest for many years- but autonomous boats could be just around the pier. Spurred in part by the car industry's race to build driverless vehicles, marine innovators are building automated ferry boats for Amsterdam canals, cargo ships that can steer themselves through Norwegian fjords and remote-controlled...

  • TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with knowledge of the matter said on Wednesday, as financial institutions prepare for Britain's exit from the EU. Japan's largest lender with $2.8 trillion in assets has already picked the Dutch city for its commercial...

  • *Plans to open investment banking branch in Paris- sources. TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with direct knowledge of the matter said on Wednesday, as global financial institutions prepare for Britain's exit from the EU in 2019.. Japan's largest lender with...

  • TOKYO, Sept 13- Japan's Mitsubishi UFJ Financial Group Inc has picked Amsterdam as its European Union investment banking base, sources with direct knowledge of the matter said on Wednesday, as global financial institutions prepare for Britain's exit from the EU in 2019.. MUFG has also decided to open a branch in Paris for its investment banking unit, said the...

  • U.S. President Donald Trump and Chinese President Xi Jinping (R) pose prior to a meeting on the sidelines of the G20 Summit in Hamburg, Germany, July 8, 2017.

    Spain and Ireland were among the top nations investing the most in the U.S. last year, according to data published by the U.S. Department of Commerce.

  • PARIS— France's president, Britain's foreign secretary and the Dutch king are visiting Caribbean territories hammered by Hurricane Irma, where residents have accused European governments of insufficient preparation or slow response to the storm's devastation. He will first visit Guadeloupe, an overseas department of France, on Tuesday morning before...

  • SINGAPORE, Sept 12- Profits on churning out barrels of gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, boosted as demand outpaces supply hit by a string of refinery outages both internationally and in the region. Royal Dutch Shell shut its Pernis refinery in Rotterdam, the largest in Europe, in late July...

  • SAN JUAN, Puerto Rico, Sept 11- Food shortages and looting on Caribbean islands hammered by Hurricane Irma sparked growing criticism of the government response, prompting British billionaire Richard Branson to call for a "Marshall plan" to help the region recover. Across the whole of the Caribbean, Irma killed nearly 40 people and devastated basic services,...

  • *Florida orders evacuation of 6.3 million residents. Tracking models showed it then making landfall on the western side of the Florida peninsula and heading up the coast. Irma, which has killed at least 22 people in the Caribbean, was considered a life-threatening danger to Florida as well and will likely inflict billions of dollars in damage in the...

  • *Coastal flooding hits northern Cuba. FORT MYERS, Fla., Sept 9- Hurricane Irma turned its menacing sight toward the Florida Keys on Saturday as it completed a destructive march along Cuba's northern coast and set off an 11th hour scramble for safety by Americans who may have ignored warnings to evacuate. It will make landfall on the Florida peninsula somewhere...

  • *Coastal flooding hits northern Cuba. REMEDIOS, Cuba, Sept 9- Hurricane Irma pounded Cuba's northern coast on Saturday and barreled toward Florida's Gulf Coast as authorities scrambled to complete an unprecedented evacuation of millions of residents hours before the storm lashes the state. It will make landfall on the Florida peninsula somewhere west of...