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UPDATE 2-French watchdog tells Google to change privacy policy
Thu Jun 20, 2013 5:53am EDT * CNIL finds Google approach illegal under French law * Google has three months to comply or face fines in France * Spain, UK, Germany, Italy, Netherlands also plan action * Each country judges legality, penalties under local law * EU regulators eye Google amid concern over data collection By Natalie Huet PARIS, June 20 (Reuters) - France's data protection ...
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AIRSHOW-Airbus sales chief says likely to beat 2013 order goal
PARIS, June 20 | Thu Jun 20, 2013 5:46am EDT PARIS, June 20 (Reuters) - Airbus' sales chief expects to exceed its target for plane orders this year, he told a news conference at the Paris Airshow on Thursday. "I would say that it is likely that we will exceed our target," John Leahy said. The head of Airbus parent company EADS, Tom Enders, told a shareholders' meeting ...
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Foreigners net buyers of South Korean bonds Thursday
SEOUL, June 20 | Thu Jun 20, 2013 5:44am EDT SEOUL, June 20 (Reuters) - Foreign investors bought a net 446.2 billion won ($394.6 million) worth of South Korean domestic bonds on Thursday, almost equal to net stock sales by foreigners, data showed. It was the biggest daily net purchase of South Korean bonds by foreigners since June 10, data from the finance ministry showed, although ...
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UPDATE 1-Rebound in UK retail sales signals solid second quarter
Thu Jun 20, 2013 5:37am EDT * Sales post biggest rise since Feb, up 2.1 pct on month * Data eases urgency for more central bank stimulus * Economists raise doubts over durability of growth By Olesya Dmitracova and David Milliken LONDON, June 20 (Reuters) - British retail sales bounced back much more than expected in May, adding to evidence of accelerating economic growth in the second quarter ...
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WRAPUP 1-Afghan peace bid stumbles on Kabul-Taliban protocol row
Thu Jun 20, 2013 5:36am EDT * Protocol spat snarls revived peace bid * Exchange of captives expected to be discussed By Amena Bakr DOHA, June 20 (Reuters) - A fresh effort to end Afghanistan's 12-year-old war looked in disarray on Thursday after a diplomatic spat about the Taliban's new Qatar office delayed preliminary discussions between the United States and the Islamist ...
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Mining equipment makers rise to efficiency challenge
By Maria Sheahan and Niklas Pollard FRANKFURT/STOCKHOLM, June 20 | Thu Jun 20, 2013 5:30am EDT FRANKFURT/STOCKHOLM, June 20 (Reuters) - Mining equipment manufacturers are making improvements to machinery that they hope will deliver productivity gains for customers and counter falling orders. Under pressure from investors for higher returns, miners want to get the most out of every ...
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AIRSHOW-Airbus unveils orders from Spirit United
PARIS, June 20 | Thu Jun 20, 2013 5:27am EDT PARIS, June 20 (Reuters) - Airbus said it had won orders from Spirit Airlines and United Airlines at the Paris Airshow on Thursday. The agreement with United represents a conversion of the U.S. carrier's previous order for 25 A350-900s to the -1000 model, as well as the addition of 10 more orders for A350-1000 aircraft. The 35 planes are ...
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Italy watchdog presses Google for privacy data weighs sanctions
ROME, June 20 | Thu Jun 20, 2013 5:24am EDT ROME, June 20 (Reuters) - Italy's privacy watchdog said on Thursday it had requested further information from Google Inc about the U.S. Internet firm's treatment of user data and would consider imposing sanctions if there were breaches of privacy rules. The statement, issued shortly after a similar statement from France's main ...
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BRIEF-Rolls Royce wins order worth $880 mln from United Airlines
LONDON, June 20 | Thu Jun 20, 2013 5:13am EDT LONDON, June 20 (Reuters) - Rolls-Royce Holdings PLC : * Won order worth $880M from United Airlines for Trent XWB engines to power 10 Airbus A350 XWB-1000 aircraft * Source text for ...
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Asian coffee exporters feel the heat as premiums soar
Thu Jun 20, 2013 4:57am EDT * Indonesia premiums at $170, highest since mid-2012 * Supply crunch raises fears of defaults * London futures near lowest level since Oct 2010 By Lewa Pardomuan and Ho Binh Minh SINGAPORE/HANOI, June 20 (Reuters) - Global food producers such as Nestle SA will have to pay more for the robusta coffee beans used in biscuits and drinks as a supply crunch sends premiums ...
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German insurance claims for flood damage may be nearly $8 bln-AIR
FRANKFURT, June 20 | Thu Jun 20, 2013 4:56am EDT FRANKFURT, June 20 (Reuters) - Insurance claims for flood damage in Germany may be as much as 6 billion euros ($8 billion), catastrophe modelling firm AIR Worldwide said on Thursday, after the worst flooding in a decade. Heavy rainfall in late May and early June drenched Germany, Austria and the Czech Republic in particular, causing ...
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AIRSHOW-Airbus pieces together air show order finale
The order tallies from both planemakers included major purchases of narrowbody medium-haul jets from Europe's two biggest low-cost carriers, Ryanair ...
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Much promise little joy in Albanias long search for oil
Thu Jun 20, 2013 4:55am EDT * Albania bidding to fulfil century-old oil hopes * Sector dominated by small players * Shell-partnered drilling well could hit big * Concerns over transparency, corruption By Matt Robinson and Benet Koleka BERAT, Albania, June 20 (Reuters) - In 35 years drilling for oil around the world, Leo Aubin says he's made a lot of money for a lot of people. Now the stout, ...
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US treasuries and equities sold off and the dollar gained
On Wednesday, markets were even more focussed on the FOMC meeting than in previous days. The main, and only reaction we describe was on the FOMC decision and press conference. US treasuries and equities sold off and the dollar gained. Moves were substantial in the US Treasury market and technically relevant. Moves in other markets were substantial too, but technically not of immediate ...
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FOREX-Dollar rises as Fed signals stimulus scale-back
Thu Jun 20, 2013 4:50am EDT * Fed says can start to slow stimulus this year * Euro falters as euro zone data shows recovery still some way off * Dollar gains vs yen despite fall in equity prices * U.S. Treasury yields soar, hitting high-yielding currencies By Anooja Debnath LONDON, June 20 (Reuters) - The dollar rose on Thursday as global asset markets adjusted sharply after the Federal Reserve ...
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Ten German states join Deutschlandbond - debt agency
FRANKFURT, June 20 | Thu Jun 20, 2013 4:32am EDT FRANKFURT, June 20 (Reuters) - Ten of Germany's 16 states will participate in the country's first joint regional-federal bond, with the federal government taking an above-average stake in the issuance of the "Deutschlandbond", the German debt agency said on Thursday. Germany will issue 3 billion euros of the paper with a ...
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CORRECTED-AIRSHOW-UPDATE 1-Boeing launches 787-10 with $30 bln of orders
Thu Jun 20, 2013 4:21am EDT (Corrects first paragraph of June 18 story to make clear orders are provisional not firm) * Boeing says has 102 orders from five customers * Air Lease, GECAS, Singapore, BA, United order 787-10s PARIS, June 18 (Reuters) - Boeing launched the 787-10 version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday with 102 provisional orders worth nearly $30 ...
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Europe shares extend losses down more than 2 pct
LONDON, June 20 | Thu Jun 20, 2013 4:20am EDT LONDON, June 20 (Reuters) - European shares extended losses on Thursday, with a key index down more than 2 percent and closing in on two month lows. The pan-European FTSEurofirst 300 index fell as much as 2.1 percent to an intraday low of 1,155.94 points - close to a low of 1,154.30 points reached in late April. The euro zone's blue-chip ...
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Federal Reserve hints it could end stimulus program next year
Bernanke's suggestion shook investors, and markets fell as the Fed chairman gave more details about a possible end to QE. Photograph: Justin Lane/EPA Photograph: Susan ...
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Mining and luxury stocks slide as European shares fall
Thu Jun 20, 2013 4:04am EDT * FTSEurofirst 300 falls 1.4 pct, Euro STOXX 50 down 1.7 pct * New signs of China slowdown hits mining stocks * Fall in Swiss exports hits Swatch and Richemont By Sudip Kar-Gupta LONDON, June 20 (Reuters) - European shares fell on Thursday as confirmation that the U.S. Federal Reserve would wind down economic stimulus measures, together with weak Chinese data, hit ...
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UPDATE 2-UK watchdog says Lloyds must raise $13.5 bln capital
Thu Jun 20, 2013 3:59am EDT * Regulator sees 27.1 bln stg capital shortfall at 5 banks * Introduces leverage ratio ahead of global deadline * RBS, Lloyds say no need to issue new shares, debt * Barclays, Nationwide asked to cut leverage By Huw Jones and Matt Scuffham LONDON, June 20 (Reuters) - Lloyds Banking Group must plug a capital shortfall of 8.6 billion pounds ($13.5 billion), ...
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EURO GOVT-Bonds fall after Fed signals slower asset-buying
Thu Jun 20, 2013 3:54am EDT * Bunds fall more than a point, hit lowest since February * Other euro zone debt prices also plunge * Spain, France to hold "difficult" debt sales By Marius Zaharia LONDON, June 20 (Reuters) - Euro zone debt fell across the board on Thursday and was expected to weaken further after the Federal Reserve signalled it was ready to reduce its bond purchases if its ...
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GSK links with French venture firm to target rare diseases
LONDON (Reuters) - GlaxoSmithKline is investing 17.5 million euros ($23.5 million) in a new venture fund to invest in drugs for rare diseases, underscoring the growing role of big drugmakers in backing start-up companies. GSK and many of its rivals are becoming more active in funding early-stage companies, reflecting both a desire to tap into smart ideas from outside their own laboratories and ...
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Aust bonds weaken after Fed comments
Australian 10-year bond futures prices fell to a three-month low after the US central bank announced it would wind back its $US85 billion a month bond purchase program. ANZ head of interest rate research Tony Morriss said there was a big sell off in US and Australian bond markets early on Thursday after the press conference by Federal Reserve chairman Ben Bernanke. "The Fed pretty much ...
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Singapore PM says haze from Indonesia fires may last for weeks
SINGAPORE, June 20 | Thu Jun 20, 2013 3:45am EDT SINGAPORE, June 20 (Reuters) - A haze blanketing Singapore from fires in Indonesia could persist for weeks or even longer, Prime Minister Lee Hsien Loong said on Thursday, warning of consequences if Singapore-linked companies were found responsible for the burning. The illegal burning of forests and other land on Indonesia's Sumatra ...
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