Europe Business

Britain will support interim IMF staff programme for Zimbabwe: ambassador

13h40 Britain will support Zimbabwe to get on to an interim IMF staff programme to help the country quickly clear its foreign arrears, Britain's ambassador in Harare said on Tuesday,  Full story

Spain rejects latest Swiss bid to extradite HSBC whistleblower

13h57 Spain's High Court on Tuesday rejected a second extradition request from Switzerland against Herve Falciani for leaking details of thousands of clients of HSBC's private bank.. . .  Full story

Thyssenkrupp overhaul must protect worker interests -labour boss

13h50 Thyssenkrupp employees will not block a restructuring of the group as long as their interests are protected, its newly elected works council chief said.. . .  Full story

Sri Lanka shares end at 30-month low on foreign selling, weak rupee

13h50 Sri Lankan shares breached the 6,000-point psychological barrier and hit a 30-month closing low on Tuesday, weighed down by a weak rupee and heavy foreign selling in market heavyweight John Keells Holdings.. . .  Full story

Schibsted to spin off international online classifieds in IPO

13h22 Norwegian media group Schibsted said on Tuesday it will spin off its fast-growing international online classified ads operations in an initial public offering, sending its shares surging more than 10 percent.. . .  Full story

Marsh & McLennan stumps up $5.7 bln for British insurance broker JLT

13h21 U.S.-based Marsh & McLennan is buying British insurance and reinsurance broker Jardine Lloyd Thompson for 4.3 billion pound ($5.7 billion), the latest takeover in a sector which has been hit by recent losses.. . .  Full story

Copper rebounds after U.S. slaps tariffs on Chinese goods

13h18 Copper prices rallied on Tuesday as investors reacted to new U.S. tariffs on Chinese imports by sending stock markets higher and the dollar lower.. . .  Full story

Ryanair aims for union agreement in Germany before Christmas

13h17 Budget airline Ryanair hopes to find an agreement with German unions before Christmas, Chief Marketing Officer Kenny Jacobs said on Tuesday, after pilots and cabin crew staged a full-day walkout this month and threatened further. . .  Full story

Italian bond yields edge down, spotlight on budget talks

13h13 Italian government bond yields were lower on Tuesday, as tension among top government officials over the 2019 budget failed to hurt sentiment towards the market for now.. . .  Full story

Gold falls as trade tensions keep dollar afloat

12h49 Gold prices fell on Tuesday as the dollar firmed after China said it would retaliate against a new round of U.S. tariffs on its goods, intensifying tensions between the world's two largest economies.. . .  Full story

EU probes VW, BMW, Daimler over alleged emissions collusion

12h08 EU antitrust regulators are investigating whether BMW, Daimler and Volkswagen colluded to restrict the rollout of clean emission technology, a move that could lead to hefty fines for the German carmakers.. . .  Full story

Ocado says partner Kroger making progress on picking U.S. sites

11h52 British online grocer Ocado said on Tuesday that Kroger, its most important partner, had made good progress identifying locations for the first of at least 20 sites to build automated warehouses in the United States.. . .  Full story

UniCredit focused on organic development, says CEO

11h38 Italian bank UniCredit is entirely focused on organic development, its Chief Executive Jean-Pierre Mustier said on Tuesday, pushing back against market speculation that its management is seeking to merge with a European peer.. . .  Full story

-German auto association optimistic about truck, van market

11h18 Germany's main carmakers' association is optimistic about the outlook for global sales of trucks and vans, with a booming online retail sector in Europe boosting demand even as the motor industry faces growing trade barriers.. . .  Full story

German auto body optimistic about truck, van market

11h17 Germany's VDA automotive association is optimistic about the outlook for global sales of trucks and vans, with the booming online retail sector in western Europe boosting demand even as the sector faces growing trade barriers.. . .  Full story

European shares follow Asia up after new U.S. trade salvo

10h57 European shares followed their Asian peers upwards after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports and warned of duties on more products if China. . .  Full story

FTSE steadies after US tariff decision; tobacco stocks weigh

10h51 The UK's top share index steadied in morning trade on Tuesday, weighed down by losses among tobacco stocks, although investors took in their stride Washington's decision to go ahead with 10 percent tariffs on another. . .  Full story

Hong Kong to allow dependent visa for same-sex couples after landmark ruling

10h45 Hong Kong said on Tuesday it will recognise overseas same-sex partnerships when granting dependent visas, more than two months after the city's top court ruled that a British lesbian should be granted a spousal. . .  Full story

Hot summer boosts UK grocery sales as sector awaits new Tesco format

10h41 British grocery sales grew 3.8 percent in the latest 12-week period, boosted by demand for alcohol, soft drinks and ice cream in a record-breaking hot summer, as supermarkets brace for a push into the. . .  Full story

Vivo closes Engen purchase, excludes DRC

10h37 Africa retail fuel venture Vivo Energy is set to close the purchase of a network of filling stations owned by Engen Holdings with the exclusion of operations in the Democratic Republic. . .  Full story

Spire profit sinks on "unprecedented" NHS cutbacks

10h10 Core earnings at UK private hospital operator Spire Healthcare Group sank 21 percent in the first half of 2018, driven by belt-tightening at the National Health Service that cut referrals to its big private. . .  Full story

ECB's Villeroy urges deal on bank resolution backstop by end of year

09h48 The euro zone needs to agree on the details of a backstop for its planned bank resolution fund by the end of the year, European Central Bank policymaker Francois Villeroy de Galhau said on. . .  Full story

Allianz's Australian unit handed back unfavourable governance report - inquiry

09h47 An Australian inquiry into financial sector misconduct heard on Tuesday the local insurance unit of Germany's Allianz SE commissioned an independent review of its culture, but then handed the report back because it didn't like. . .  Full story

Bertelsmann to expand customer service alliance with Morocco's Saham

09h27 German publisher Bertelsmann said it was merging its customer service business with that of its Moroccan partner Saham, opting for a global alliance rather than a sale as it restructures its sprawling portfolio.. . .  Full story

Weather, tariffs and restructuring costs to shrink Husqvarna's profit

09h22 Swedish outdoor tools group Husqvarna warned its third-quarter core operating profit would halve due to unfavourable weather, restructuring costs and rising trade tariffs.. . .  Full story

UK Brexit minister sees no alternative to Irish border plan - Spiegel

08h16 Britain's Brexit minister Dominic Raab said the government's proposal on the post-Brexit border between the British province of Northern Ireland and EU member Ireland was the only credible one, Germany's Spiegel Online reported on Tuesday.. . .  Full story

Analyst sees larger 2019 barley, wheat sowing area in Ukraine

07h47 Ukrainian farmers are likely to expand the 2019 sowing area under barley and wheat taking advantage of favourable prices, but reduce the maize sowing area, analyst UkrAgroConsult said on Tuesday. "UkrAgroConsult. . .  Full story

-Sanofi pledges to keep up its restructuring efforts

07h31 Sanofi will continue to implement cost savings after having reached a 1.5 billion euros ($1.75 billion) cost reduction target a year ahead of expectations, and added that several of its key drugs were selling well.. . .  Full story

Australian miner New Hope says coal prices to push higher

07h00 Australian miner New Hope Corp on Tuesday said thermal coal prices would push higher in coming months, extending a rise that helped boost its profits in the last financial year.. . .  Full story

IKEA's services platform TaskRabbit expands to Canada

06h00 Small jobs online platform TaskRabbit, which was bought last year by the word's biggest furniture retailer IKEA Group, said on Tuesday it was expanding into Canada, its third market after the United States and Britain.. . .  Full story

China commerce minister says U.S. unilateralism, protectionism will hurt global economy

05h30 China's commerce minister told representatives of foreign firms on Monday that the United States' unilateralism and protectionism will impact both U.S. and China's interests and hurt the global economy.. . .  Full story

Australian shares slip as trade war hits materials and energy stocks; NZ flat

04h49 Materials and energy stocks drove declines in Australian shares on Tuesday as the escalating U.S.-China trade war put pressure on commodity and oil prices.. . .  Full story

COLUMN-Relief for Rusal, but aluminium's political risks remain: Andy Home

03h00 The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.. . .  Full story

UK needs second plan in case `Chequers' fails - Brexit committee head

01h01 British Prime Minister Theresa May urgently needs to develop an alternative approach to leaving the European Union in case her current negotiating strategy fails, the chairman of parliament's Brexit committee said on Tuesday.. . .  Full story

Former trader facing deportation from UK gets temporary reprieve

17/09 Kweku Adoboli, a former UBS trader jailed for a $2.25 billion fraud, has won a temporary reprieve from deportation to Ghana, his spokesman said on Monday.. . .  Full story

Italy holds budget meeting; 2019 deficit goal in focus

17/09 Italy's top ministers met on Monday to discuss the 2019 budget, with friction building inside the coalition over the package and financial markets on edge about the big-spending plans of the government.. . .  Full story

Businessman sells company with indirect control over Hungary's main independent news website

17/09 Hungarian businessman Zoltan Speder announced on Monday that he had sold all his holdings in media group cemp-X Online Zrt which owns several publications and has indirect control over Hungary's main independent news website . .  Full story

Tesla's Musk is sued for calling Thai cave rescuer pedophile

17/09 Elon Musk, the chief executive of Tesla Inc, was sued for defamation on Monday for falsely suggesting that a British caver who helped rescue 12 boys and their soccer coach from a Thailand cave. . .  Full story

Gold gains on sliding dollar, short-covering

17/09 A softer dollar and short-covering lifted gold on Monday after two sessions of declines, but investors braced for more U.S.-China trade tensions, with some buying bullion as a safe haven.. . .  Full story

Britain's Tamar takes coking coal complaint to Polish PM

17/09 A British private equity firm has written to the Polish prime minister complaining about the energy minister's refusal to back a project to open a coking coal mine, a move it said would create. . .  Full story

Activist ValueAct raises stake in Horizon Discovery

17/09 Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group, buying an additional 7.5 million shares from Woodford Investment Management.. . .  Full story

Russian giant copper project in talks to raise $1.25 bln

17/09 A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest. . .  Full story

Fears of new trade tariffs push industrial metals lower

17/09 Prices of most industrial metals slipped on Monday after reports that the United States may be about to impose tariffs on another $200 billion worth of Chinese goods.. . .  Full story

UK shares flat as market awaits U.S. trade move

17/09 UK shares were broadly unchanged at the close on Monday after a choppy session as investors waited for the next move in the trade dispute between China and the United States.. . .  Full story

Budget optimism lifts Italy's bonds; ratings news boosts Cyprus

17/09 Italian bond yields tumbled on Monday, as a report that Italy's economy minister is set on preventing the 2019 budget deficit rising above 1.6 percent of domestic output boosted investor hopes for a market-friendly budget.. . .  Full story

European stocks keep steady amid tariffs fears; H&M surges

17/09 European shares recovered from a weak start on Monday and closed in positive territory after a choppy session amid reports U.S. President Trump plans new 10 percent tariffs on $200 billion of Chinese imports.. . .  Full story

Portugal eases registrations for asset managers as Brexit looms

17/09 Portugal launched a bid on Monday to attract asset managers away from Britain ahead of its exit from the European Union next year, with regulators announcing they are simplifying the process for the firms. . .  Full story

Top 10 Unilever shareholder may vote against plan to go Dutch

17/09 Unilever shareholder Lindsell Train is likely to use at least some of its shares to vote against the company's planned move to the Netherlands, which will cost the consumer goods giant its spot in the. . .  Full story

Macron eyes purchasing power boost to ease reform fatigue

17/09 With his popularity ratings in freefall, French President Emmanuel Macron is counting on a rebound in family purchasing power to keep voters from turning against his reforms.. . .  Full story

(OFFICIAL)-Russia and China may clinch gas supply deal next year - Chinese official

17/09 Beijing and Moscow are discussing possible Russian gas deliveries of 5-10 billion cubic metres to China via Russia's far east and may do a deal in the first half of next year, Nur Bekri,. . .  Full story

EU crop monitor trims maize, sugar beet yields again after drought

17/09 The effects of a summer drought have continued to weigh on crops in the European Union despite less severe conditions in the past month, the EU's crop monitoring service said on Monday, as it. . .  Full story

Ugandan unit of Indian drugs firm Cipla raises $41 mln in IPO - broker

17/09 The Ugandan unit of India's pharmaceutical giant Cipla raised 155 billion Ugandan shillings ($41 million) from its initial public offering (IPO) that was oversubscribed, a brokerage that helped advise on the. . .  Full story

Denmark to tighten money-laundering laws amid Danske Bank scandal

17/09 Denmark will tighten its anti-money laundering laws, politicians said on Monday, amid investigations into the country's largest lender Danske Bank over past failings in its money laundering controls in Estonia.. . .  Full story

Drought to trim Australia's golden fleece

17/09 Australia on Tuesday trimmed its forecast for wool production by 6 percent as drought across the country's east coast forces farmers to cull sheep despite record prices for their fleece.. . .  Full story

Relief for Rusal, but aluminium's political risks remain: Andy Home

17/09 The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.. . .  Full story

Shell targets lower methane emissions from oil and gas operations

17/09 Royal Dutch Shell announced on Monday plans to limit leaks of methane, a potent greenhouse gas, across its oil and gas operations as it tries to sharply curb carbon emissions.. . .  Full story

Ivory Coast cocoa crop remains healthy despite humidity, say farmers

17/09 Above average rainfall in most of Ivory Coast's cocoa regions last week continued to boost the October-to-March main crop, farmers said on Monday, despite fears the humidity could impact bean drying.. . .  Full story

Deutsche Bank to move assets from London to Frankfurt after Brexit

17/09 Deutsche Bank said on Monday it would move assets from London to Frankfurt after Britain's planned exit from the European Union next year, in line with demands from British and EU regulators.. . .  Full story

Philippine leader again vows to shut mines after deadly landslides

17/09 Philippine President Rodrigo Duterte repeated his call on Monday to shut all mines in the country following deadly landslides, hours after his minister halted all small-scale mining in a mountainous gold-rich region.. . .  Full story

Petrobras to boost oil output in 2019, cut debt $10 bln - CFO

17/09 Brazil's state-run oil giant PetrĂ³leo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion, Chief. . .  Full story

Bulgaria's jobless rate edges down to 5.6 pct in August

17/09 Bulgaria's jobless rate edged down to 5.6 percent in August, down from 5.7 percent in July and 6.7 in the same month last year, data from the state employment agency showed on Monday.. . .  Full story

UK economy will shrink without Brexit deal, IMF warns

17/09 Britain's economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises. . .  Full story

Casino's parent Rallye buys more time with new credit line

17/09 Rallye, the debt-laden parent of French supermarket chain Casino, bought more time on Monday ahead of a key bond refinancing deadline as five banks granted it a new 500 million euro ($582 million) credit line.. . .  Full story

Nigeria hits back at HSBC after bank warns of economic stagnation

17/09 Nigeria has accused HSBC of laundering money for one of the country's former rulers, hitting back at a research note by the global bank that suggested a second term for President. . .  Full story

H&M shares jump as logistics revamp helps speed sales

17/09 H&M's sales bounced back in the third quarter, helped by a new logistics system, as the world's second biggest fashion retailer said a revamp to meet growing online and budget competition was paying off.. . .  Full story

Russia's oil export duty seen rising to $137.5/T in Oct

17/09 Russia's oil export duty <CL-EXPDTY-RU> is expected to rise to $137.5 per tonne in October from $130.0 a tonne in September, data from the finance ministry showed on Monday. The. . .  Full story

Boohoo recruits Primark executive as new boss, founders step back

17/09 Boohoo, the fast-growing British online fashion retailer, has appointed a Primark executive as its new CEO to drive the brand's global expansion, on a pay package that could earn him almost 58 million pounds ($65. . .  Full story

Allianz's Australian unit misled traveling clients with "unlimited" insurance -inquiry

17/09 An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a misconduct inquiry. . .  Full story

Brake maker Knorr-Bremse announces plans for IPO in Frankfurt

17/09 German brake systems maker Knorr-Bremse plans to list on the Frankfurt stock exchange this year, the company said on Monday, in what is expected to be Germany's second-largest listing this year after Siemens Healthineers.. . .  Full story

Bertelsmann targets life-long learning with OnCourse deal

17/09 German publishing group Bertelsmann said on Monday it was buying U.S. online education provider OnCourse Learning from private equity firm CIP Capital in a deal worth around $500 million.. . .  Full story

Rusal shares rise as U.S. gives it some room for new contracts

17/09 Shares in Russian aluminium giant Rusal, which has been hit by U.S. sanctions, rose on Monday after Washington said it would allow the company's customers prior to the imposition of sanctions to sign new contracts.. . .  Full story

Eurobank CEO expects to beat bad debt reduction target

17/09 Eurobank is confident of beating this year's sour loan reduction target agreed with European Central Bank supervisors and plans to make further progress by 2021, the chief executive of Greece's third largest lender said on. . .  Full story

-BP, Vitol go head to head in West African crude trading

17/09 Oil major BP has clashed with rival Vitol in the once-languid West African crude market, buying up cargoes and taking a big derivative position that may have raised costs for European refiners.. . .  Full story

UK's Dairy Crest expects rise in first-half profit, revenue

17/09 Dairy Crest Group expects growth in both profit and revenue in the first half, helped by increased sales of cheese, butter and spreads from its Cathedral City and Clover brands, Britain's largest dairy food. . .  Full story

Aussie bank shares' gains offset slump in aged-care providers, NZ flat

17/09 Australian shares rose on Monday as gains in financials outweighed a sharp fall in health care stocks which were hammered by the news of a public inquiry into the aged-care system.. . .  Full story

Britain's lasting scars from the financial crisis

17/09 Ten years after the financial crash that hit Western countries 10 years ago, triggering recessions, many of the scars on Britain's economy have yet to heal - despite more than eight years of growth,. . .  Full story

India's Flipkart eyes stake in Star's Hotstar - Mint

17/09 Walmart Inc's Flipkart unit is in talks to buy a stake in Star India's video streaming service Hotstar, the Mint daily reported on Monday, stepping up the e-commerce firm's battle with Inc by expanding. . .  Full story

China Evergrande referral scheme pushes sales, pressures staff

17/09 China Evergrande, a major property developer, has drawn criticism in social media for pressuring employees to provide names of potential buyers, its second such referral scheme in five months.. . .  Full story

UK consumers remain most upbeat since 2015 - IHS Markit

17/09 British households' confidence about their financial situation held at its highest since 2015 this month, as their concern about inflation eased and they were relaxed about prospects for the year to come, a survey. . .  Full story

UK consumer spending grows at fastest pace since January - Visa


Nickel producers eye Indonesia to plug into EV battery market

17/09 Several global metals producers have set their sights on Indonesia's nickel reserves to tap an expected surge in demand for the metal for electric vehicle batteries.. . .  Full story

Deutsche to shift more assets to Frankfurt, ringfence UK operations after Brexit - source

16/09 Deutsche Bank is considering shifting large volumes of assets from London to Frankfurt after the UK's planned exit from the European Union next year to meet demands from European regulators, a person close to the. . .  Full story

UAE's Brooge Petroleum plans to float 40 pct stake in London IPO

16/09 The United Arab Emirates' Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, Chief Executive Officer Nicolaas Paardenkooper said on Sunday.. . .  Full story

Carmakers must offer customers incentives to replace diesel models -German minister

16/09 Germany's transport minister is in talks with carmakers about how much money they should offer customers to exchange old diesel models for new cars, Frankfurter Allgemeine Zeitung reported.. . .  Full story

Germany's RWE says too early to exit coal in 2035

16/09 German utility RWE, its works council and trade unions say they oppose plans to end coal-fired power generation in Germany around 2035, raising questions over a possible compromise between a government commission and environmentalists.. . .  Full story

London mayor calls for second Brexit referendum

16/09 London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, saying the prime minister's handling of Brexit negotiations had become "mired in confusion and deadlock" and was leading the country down. . .  Full story

BMW to recall more than 139,000 of its 3-series cars in China from Nov.

16/09 German automaker BMW will recall more than 139,000 of its 3-series cars in China from Nov. 9, because of a defect in the air-conditioning system, the market regulator said.. . .  Full story

Egypt signs oil, gas exploration deal with Shell, Petronas worth about $1 bln: statement

15/09 Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia's Petronas worth around $1 billion for 8 wells in the country's West Nile Delta, the. . .  Full story

-France to replace 'Exit Tax' on capital gains, target fiscal cheats

15/09 France will abolish a tax imposed on the capital gains of top earners and entrepreneurs who leave France and sell their assets with a more-targeted levy designed to deter tax optimisation, a finance ministry. . .  Full story

Ukraine PM says must fulfill commitments to IMF

15/09 Ukraine's Prime Minister Volodymyr Groysman said on Saturday that the government must fulfill its commitments to the International Monetary Fund, adding that his fate was less important than the country's.. . .  Full story

Ukraine's Naftogaz plans up to $1 bln Eurobond issue in Oct-CEO

15/09 Ukrainian state-run energy company Naftogaz plans to issue Eurobonds worth between $0.5 billion and $1.0 billion in October, Chief Executive Officer Andriy Kobolev told reporters on Saturday. (Reporting by Natalia Zinets, Writing by Maria Kiselyova, Editing. . .  Full story

Oil mixed as China tariff talk scotches early rally

14/09 Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese imports, after an earlier rally triggered by worries that more sanctions on Iran might constrict supply.. . .  Full story

Network International's owners pick banks for float -sources

14/09 The owners of Network International are working with investment banks Evercore and Citi on an initial public offering (IPO) of the largest payment processing firm across the Middle East and Africa, sources familiar with the. . .  Full story

BoE's Carney sees 16 bln stg economy boost if Chequers Brexit deal approved - FT

14/09 Bank of England Governor Mark Carney has told Prime Minister Theresa May's cabinet that the economy could expect a 16 billion pound ($21 billion) bounce if May negotiates a Brexit deal based on her. . .  Full story

-Packaging maker SIG Combibloc sets price range in latest Swiss IPO

14/09 Swiss packaging maker SIG Combibloc on Friday set the price range for its initial public offering at 10.50 to 13.50 Swiss francs per share, targeting proceeds of 1.05 billion euros ($1.22 billion) which. . .  Full story

New York cocoa tumbles $100/T, raw sugar sinks nearly 6 pct

14/09 New York cocoa futures on ICE tumbled more than $100 per tonne on Friday, on concerns about possible low-quality beans in the United States, while raw sugar slumped nearly 6 percent on profit-taking in. . .  Full story

Western Europe on swine fever alert as Belgium sees wild boar cases

14/09 Belgium has confirmed an outbreak of African swine fever, marking a further spread of the disease that has hit farms in Eastern Europe and China and which could now threaten Western Europe's large pig. . .  Full story

France wants to triple bike use with better cycle lanes

14/09 France plans to more than triple the share of cycling in transport with a multi-year plan to build better bike lanes, financial incentives for bicycle commuters and measures against bike theft, the government said.. . .  Full story

Britain's FCA bans ex-Deutsche Bank trader after Euribor rigging

14/09 Britain's Financial Conduct Authority has banned former Deutsche Bank trader Christian Bittar from performing any function related to any regulated financial activity, the financial watchdog said on Friday.. . .  Full story

Brexit buoyancy bypasses Brussels - EU still unsure of deal

14/09 A view among investors that a Brexit deal is more likely has pushed the pound higher this month, perplexing European Union officials and diplomats involved in the talks who say key stumbling blocks remain.. . .  Full story

Metro puts struggling Real hypermarket chain on the block

14/09 German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up. . .  Full story

Copper prices fall on Chinese demand fears

14/09 Copper prices fell on Friday as data in China pointing to a cooling economy and a worsening trade dispute between Washington and Beijing raised concerns that Chinese demand for metals would fall more than. . .  Full story

FTSE tracks Europe higher; Shire shines

14/09 Britain's top share index tracked higher European markets on Friday with the mood buoyed by easing trade worries, while Shire rose after China cleared Takeda's plans to buy the drugmaker.. . .  Full story

European shares score best week since July

14/09 Gains among tech, auto and mining stocks pushed European shares higher on Friday, as hopes of new trade talks between the United States and China boosted investor sentiment.. . .  Full story

French insurer Covea examining new approach to Scor takeover - sources

14/09 Unlisted French cooperative insurer Covea is working on a new approach to its planned takeover of reinsurer Scor after its friendly 8.2 billion euro offer was rejected last month, two sources close to the deal. . .  Full story

Airbus says worst-case Brexit would hit its sites beyond Britain - Spiegel

14/09 IF UK EXITS EU AVIATION CERTIFICATION AT BREXIT, AIRBUS SITES IN BRITAIN, GERMANY AND FRANCE WILL BE HIT - BOARD MEMBER A worst-case scenario Brexit would affect Airbus's sites not only in Britain but also. . .  Full story