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  • MINSK, Feb 14- Belarus will start taking oil from the Druzhba transit pipeline if Russia does not supply it with the required volumes of crude, the Belarusian president said on Friday, the state news agency Belta reported. Belarus and Russia, a major global oil exporter, have failed to agree terms for oil supplies for 2020. Lukashenko said earlier on Friday that...

  • Feb 14- The Hungarian forint paced regional gains on Friday morning, reacting to robust GDP growth and verbal intervention from the National Bank of Hungary against recent marked currency weakening. The National Bank of Hungary is the most dovish in the region and has kept its benchmark rate at a record low of 0.9% since 2016. Hungary's economic growth slowed...

  • *China stocks break 7- day winning streak. Feb 13- Emerging market stocks and currencies came under pressure on Thursday after a jump in coronavirus cases and deaths reported under a new diagnostic method in China hammered investors' hopes that the outbreak might soon peak. The death toll from the outbreak in China had reached 1,367 as of the end of Wednesday, up...

  • WARSAW, Feb 11- Making Poland's 1 GW power plant in Ostroleka gas-fired instead of coal-fuelled as planned may delay the project beyond 2023, Poland's minister responsible for energy infrastructure Piotr Naimski said on Tuesday. Construction of the plant in north-east Poland has already started, but its investors, state-run utilities Energa and Enea, have...

  • PRAGUE, Feb 11- The Hungarian forint stabilised off a record low on Tuesday and the Czech crown swung to the strong side of a key psychological level as central Europe's currencies edged higher due to a pick-up in risk appetite. A slowdown in the number of new coronavirus cases in China provided some relief although markets stayed cautious, leaving gains in...

  • BUDAPEST, Feb 10- Fears of an impact from the coronavirus outbreak mostly bypassed emerging Europe early on Monday, with the region considered a comparative backwater, enabling most markets to rise slightly. Investors will keenly eye the National Bank of Hungary's afternoon swap tender, which the bank has begun to cut back as the forint has hit record lows and...

  • BRUSSELS, Feb 7- European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a seven-year budget that for many is the most tangible sign of what a united Europe will look like after Brexit. In a marathon of preparations for a special summit on the budget on Feb 20, the chairman of EU...

  • BRUSSELS, Feb 7- European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a seven-year budget that for many is the most tangible sign of what a united Europe will look like after Brexit. In a marathon of preparations for a special summit on the budget on Feb 20, the chairman of EU...

  • BERLIN, Feb 7- Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5 G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter. Europe's biggest telecoms operator has dropped Nokia as a provider of radio gear from all but one of its...

  • OSLO/ LONDON, Feb 6- Equinor joined other major European oil and gas companies on Thursday by including emissions from the fuel it sells to customers in its carbon reduction targets as investors step up the pressure on fossil fuel producers. By including so-called Scope 3 emissions on top of the emissions from its own operations, the Norwegian company is now...

  • OSLO/ LONDON, Feb 6- Equinor joined other major European oil and gas companies on Thursday by including emissions from the fuel it sells to customers in its carbon reduction targets as investors step up the pressure on fossil fuel producers. By including so-called Scope 3 emissions on top of the emissions from its own operations, the Norwegian company is now...

  • eyed@ BUDAPEST, Feb 6- The leu was stable and Romanian stocks rose on Thursday after the liberal minority government fell in a no-confidence vote, which markets took as the first step towards snap elections that could restore stability after years of political turmoil. "The initial reaction in the leu to the vote of no confidence was positive," said Commerzbank...

  • WARSAW, Feb 5- Britain wants a Canada-style agreement with the European Union that includes goods and services, Britain's Europe minister Christopher Pincher said in Warsaw on Wednesday. Brussels says that Britain's geographical proximity and UK- EU economic interdependence make alignment necessary to protect EU consumers and businesses.

  • BUCHAREST, Feb 5- The Romanian leu held steady against the euro on Wednesday ahead of a no-confidence vote in parliament which could see the Liberal minority government fall after just three months, while other central and eastern European currencies were firmer. The no-confidence vote was brought about by the former ruling Social Democrats who have...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? PRAGUE, Feb 5- Hungary's forint is likely to just drift off a record low over the next year while the Czech crown is seen giving up recent gains, a Reuters poll showed, as central European currencies find little traction in 2020.. Wednesday's poll showed the biggest-moving currencies were likely to be...

  • liquidity@ BUDAPEST, Feb 4- Central European currencies gained early on Tuesday, with the forint getting a boost from the National Bank of Hungary's liquidity swap tender on Monday where it rejected all bids. On Monday, the bank rejected all bids at the swap tender and said surplus liquidity in the banking system fell by 130 billion forints to 2.055 trillion.

  • MOSCOW, Jan 30- Russian oil pipeline monopoly Transneft faces claims of up to $1 billion related to contaminated oil, more than double its own estimates, industry sources said, setting the stage for protracted haggling with oil suppliers. State-owned Transneft, the supplier of Urals crude to Russia's Baltic port of Ust-Luga, as well as the operator of the Druzhba...

  • The company said it did not know how it would be affected by the coronavirus outbreak in China, which Mondelez said accounts for nearly 4.5% of its sales. Emerging markets like China- where incomes and demand for e-commerce are rising- have become increasingly important to Mondelez as the consumer goods industry grapples with slowing demand in developed...

  • Fast developing countries such as China and India have been a focus for Mondelez over the last few years, with the company tailoring products and marketing to local regions. Products specific to local markets such as biscuit brands Jubilee in Russia and Biskuat in Indonesia, and Prince Polo chocolate bars in Poland have been key revenue drivers in emerging...

  • Jan 29- European Union countries can either restrict or exclude high-risk 5 G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban. New Zealand, a member of the Five Eyes intelligence-sharing network together...