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  • MADRID, May 28- Spain's Ciudadanos party upped the pressure on Prime Minister Mariano Rajoy on Monday, intensifying calls for snap elections after a proposed no-confidence motion roiled markets last week. A date for the parliamentary vote has yet to be decided by the speaker, but opposition parties are taking advantage of Rajoy's weakness after dozens of...

  • WARSAW, Poland— Poland's prime minister has called a planned Russian gas pipeline, Nord Stream 2, a "new hybrid weapon" and says Moscow wants to use it to undermine NATO and the European Union. Mateusz Morawiecki called Nord Stream 2 "a poisoned pill of European security" as he addressed a NATO Parliamentary Assembly in Warsaw on Monday. The Nord Stream 2 project...

  • May 28- Hong Kong stocks closed higher on Monday on robust China data and amid optimism that the United States and North Korea were still working towards holding a summit. President Donald Trump said on Sunday a U.S. team had arrived in North Korea to prepare for a proposed summit between him and North Korean leader Kim Jong Un, which Trump pulled out of last week...

  • Germany's deputy foreign minister says he hopes there will be a "stable, pro-European" government in Italy soon, but has acknowledged that his country is in no position to offer advice after its own long-drawn-out effort to form a new administration. Michael Roth told reporters in Brussels that Italy, a founding member of the European Union, has always been a...

  • MILAN, May 28- Italian President Sergio Mattarella is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. "We are seeing a decent relief rally in European markets, starting with the euro overnight, with the risk of an...

  • MILAN, May 28- Italian President Sergio Mattarella is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. "We are seeing a decent relief rally in European markets, starting with the euro overnight, with the risk of an...

  • MILAN, May 28- Italian President Sergio Mattarella is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. "We are seeing a decent relief rally in European markets, starting with the euro overnight, with the risk of an...

  • MILAN, May 28- Italian President Sergio Mattarella is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. "We are seeing a decent relief rally in European markets, starting with the euro overnight, with the risk of an...

  • BEIJING, May 28- French water and waste services firm Veolia Environnement SA sees opportunities in China from Beijing's crackdown on waste imports and is preparing to open a ship-dismantling plant in the south of the country, company executives said on Monday. "This new law in China offers us... a lot of opportunities," Chief Executive Officer Antoine Frerot told...

  • COPENHAGEN, May 28- Shares in Danish biotech Genmab fell by as much as 25 percent on Monday after its partner Johnson& Johnson decided to ditch a study using its blockbuster cancer drug. Genmab shares fell 19.3 percent by 0738 GMT, making the stock the biggest loser in the Stoxx 600 index, its lowest level since May 2016, and putting it on track for the biggest daily...

  • BEIJING— The head of a major bank in northern China was found dead in his office in an apparent suicide, state media reported Monday, in the latest in a recent string of deaths among government and ruling Communist Party officials. Tianjin Rural Commercial Bank Chairman Yin Jinbao was found Saturday afternoon with both of his wrists slit, official state media...

  • *Volumes muted as U.S., U.K on holidays. LONDON, May 28- The euro jumped on Monday and was set for its biggest one-day rise against the Swiss franc as a relief rally swept through currency markets after Italy's anti-establishment 5- Star and League parties abandoned plans to form a government. "There can be many potential twists in the Italian political situation...

  • *German bond yields rise on Italy, North Korea relief. LONDON, May 28- Italian bonds, stocks and the euro rallied on Monday after President Sergio Mattarella rejected a eurosceptic candidate for economy minister, prompting the anti-establishment 5- Star and League parties to abandon plans to form a government. Mattarella's refusal to accept Paolo Savona as...

  • ROME, May 28- Italy's president will meet former International Monetary Fund official Carlo Cottarelli at 1130 local on Monday, a presidential spokesperson said, amid speculation that Cottarelli would be asked to head a stopgap government.

  • LONDON, May 28- The euro jumped on Monday and is set for its biggest single day rise against the Swiss franc as a relief rally swept through currency markets after anti-establishment parties 5- Star Movement and the League abandoned plans to form a government. Italy's president Sergio Mattarella is expected to ask a former International Monetary Fund...

  • The Five-Star and League parties abandoned efforts to form a government after Italy's President vetoed their choice of a eurosceptic economy minister, sending Italian bond yields lower and Italy's main FTSE MIB stock index sharply higher, while the euro also made gains. Italy's banks index jumped 3.1 percent, set for its biggest gain since January.

  • ZURICH, May 28- Russian oligarch Viktor Vekselberg's board representation at Swiss pump maker Sulzer dropped to three with the resignation of one of his allies on Monday in the latest instance of U.S. sanctions making waves in Europe's boardrooms. They are Chairman Peter Loescher, a former Siemens boss, Rusal board member Marco Musetti, who will replace...

  • MILAN, May 28- Moody's on Friday threatened to cut Italy's debt ratings, citing risks that a new government will weaken its public finances and retreat from previous reforms. The agencies see Italy's membership of the single currency a key factor supporting its rating. In October 2017, the agency affirmed Italy's rating with a negative outlook, citing the...

  • ROME, May 28- Italy's president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. In a televised address, Mattarella said he had rejected the candidate, 81- year-old eurosceptic economist Paolo Savona, because he had...

  • ROME— All eyes were on Italian President Sergio Mattarella on Monday after he vetoed the proposed euroskeptic economy minister of what would have been Western Europe's first populist government, ushering in the likelihood of a new election within months. Markets have largely welcomed Mattarella's decision to put an end to the proposed government of the...