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14/12 Zambia's 2017 copper output is expected to increase to between 800,000 and 850,000 tonnes due to stable power supply and higher copper prices from 774,290 tonnes in last year, mines minister Christopher Yaluma said on Thursday.  Full story
02h30 Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.  Full story
01h31 Camuto Group, the U.S. footwear, clothing and accessories wholesaler known for its Vince Camuto shoes, has hired a turnaround consultant after a deal to sell itself to Aldo Group Inc fell through, according to a person familiar with the matter.  Full story
00h55 Fitch Ratings on Friday lifted Portugal's credit standing by an unprecedented two notches, meaning the once bailed out country now holds an investment grade from two of the three major rating agencies and could soon return to major bond indices.  Full story
00h44 Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.. . .  Full story
00h04 Venezuela is more likely to default on its sovereign bonds than on those of state-run oil company PDVSA given how essential the latter's cash flow is to the country's fortunes, bondholders and legal experts. . .  Full story
15/12 Italy's state holding company CDP and Intesa Sanpaolo have signed a non-binding agreement to join ArcelorMittal's bid to buy Italian steelmaker Ilva, a source close to the matter said on Friday.. . .  Full story
15/12 Aston Martin's owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters.. . .  Full story
15/12 U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending. . .  Full story
15/12 Copper prices scaled three-week highs on Friday after the New York open and as expectations of strong demand in top consumer China were reinforced by data showing firm industrial activity.. . .  Full story
15/12 The European Union agreed on Friday to move Brexit talks onto trade and a transition pact but some leaders cautioned that the final year of divorce negotiations before Britain's exit could be fraught with. . .  Full story
15/12 Ryanair offered on Friday to recognise pilot unions for the first time in its 32-year history in a last-minute attempt to avert its first-ever pilot strike.. . .  Full story
15/12 Germany's Christian Democrats (CDU) are considering reforming life insurance regulations to make it more difficult for insurance companies to sell run-off portfolios, weekly news magazine Spiegel reported on Friday.. . .  Full story
15/12 A U.S. district court in Florida has dismissed a lawsuit by the heirs of a prominent Jewish family seeking $3 billion from Deutsche Bank.. . .  Full story
15/12 France's financial stability council said on Friday that it planned to set a cap on large banks' exposure to highly indebted companies after big French firms binged on cheap debt in recent years amid. . .  Full story
15/12 Britain's major stock index climbed on Friday at the end of a busy week of central bank meetings, reversing earlier losses thanks to a sliding pound and buoyant oil stocks.. . .  Full story
15/12 Greek 10-year government bonds yields hit an 11-year low on Friday, as recent upbeat economic data and a deal struck with its lenders encouraged investors to snap up Greek debt.. . .  Full story
15/12 Leading British-based ship broker Simpson Spence Young (SSY) has acquired smaller Danish peer Bidsted & Co, the companies said, in the latest shake-up by players looking for growth as the industry heads for recovery.. . .  Full story
15/12 European Union leaders on Friday set the completion of a banking union and expansion of the role of the euro zone bailout fund as priorities for euro zone integration, putting off contentious issues such. . .  Full story
15/12 The loading dates of Forties crude cargoes, which help set the global Brent benchmark, have been delayed by at least two weeks and further hold-ups are likely, trade sources said, after the closure of. . .  Full story
15/12 Greece has had to postpone the signing of a deal to sell a majority stake in its second-biggest port after the Russian guarantor bank, Promsvyazbank, was placed under temporary administration.. . .  Full story
15/12 Russia will place temporary restrictions on imports of tea and all other agricultural products from Sri Lanka from Dec. 18 after a beetle was found a tea consignment, the agricultural safety watchdog Rosselkhoznadzor said on. . .  Full story
15/12 Former Russian economy minister Alexei Ulyukayev was found guilty of soliciting a $2 million bribe and sentenced to eight years in jail on Friday, in a case that has shone a rare light on. . .  Full story
15/12 Britain will have 3.8 billion pounds ($5 billion) a year of business opportunities for steelmakers by 2030, according to an independent study commissioned by the government.. . .  Full story
15/12 French President Emmanuel Macron said he was closely following management changes at the top of Airbus and would ensure that the balance of national interests as well as the company's interests are respected in the. . .  Full story
15/12 Ryanair may bid for assets of Niki, Europe's biggest budget carrier said on Friday, as administrators scramble to find a buyer for the insolvent Austrian airline before it loses its valuable runway slots.. . .  Full story
15/12 Serbian oil company NIS plans to invest $2.2 billion in its operations by 2025 and increase production to secure a leading position in south-east Europe.. . .  Full story
15/12 The Netherlands launched an attempt to fund an offshore wind farm without subsidies on Friday, hoping to capitalize on a boom in renewable energy.. . .  Full story
15/12 Following a string of food safety scandals, Chinese tourists visiting Copenhagen have this year stocked up on Danish-made organic infant milk formula, prompting some supermarkets to limit the number of cans each customer can buy.. . .  Full story
15/12 European Union leaders gave a green light to the main phase of Brexit negotiations on Friday after applauding Prime Minister Theresa May's efforts to settle divorce terms for Britain's withdrawal in March 2019.. . .  Full story
15/12 Britain's deal to move ahead with a second phase of Brexit talks is positive but there will probably be more deadlocks in the negotiations for a trade deal with the European Union, ratings agency. . .  Full story
15/12 Bankers may be given a cribsheet to help the industry push for close ties with the European Union following Brexit, according to a document drawn up for the organisation that promotes Britain as a. . .  Full story
15/12 Georgia expects state revenues and spending to rise next year and forecasts 4.5 percent economic growth in the budget passed by the parliament on Friday.. . .  Full story
15/12 Mediaset shareholders on Friday approved governance changes that could stem the influence of France's Vivendi, the private Italian broadcaster's second largest investor.. . .  Full story
15/12 Russian food retailer Magnit said on Friday it had halted talks to buy two smaller retail chains, Krasny Yar and Baton, owned by Siberian company ETK.. . .  Full story
15/12 Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.. . .  Full story


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