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(MENAFN - AFP) Italy's biggest trade union said Wednesday it will hold a general strike on December 12 to protest Prime Minister Matteo Renzi's planned reforms to the job market, which critics say will stamp on workers' rights.

The left-wing CGIL said it was striking along with members of the smaller UIL union and would organise demonstrations up and down the country.

The ...

(MENAFN - AFP) The former head of Icelandic bank Landsbanki, the country's second-largest before the collapse of the financial sector in 2008, was handed a 12-month sentence on Wednesday over his role in the crisis.

A Reykjavik court sentenced Sigurjon Arnason, 48, to 12 months in prison with three months served over artificially boosted stock prices.

Two former executives ...

(MENAFN - AFP) McDonald's on Wednesday reopened its flagship outlet in central Moscow for the first time in four months after Russia clamped down on the fast-food chain for alleged hygiene violations following Western sanctions over Ukraine.

"We have obtained agreement from the Russian public health agency to reopen our Pushkin Square restaurant," McDonald's spokeswoman Svetlana ...

(MENAFN - AFP) Global oil prices rebounded slightly on Wednesday as traders awaited key US stockpiles data and eyed next week's crucial OPEC output meeting.

Brent North Sea crude for delivery in January rose 56 cents to $79.03 a barrel nearing midday in London.

US benchmark West Texas Intermediate for December added 24 cents to $74.85 per barrel.

Later on Wednesday, ...

(MENAFN - AFP) Anglo-Dutch energy giant Royal Dutch Shell has won a multi-million dollar court battle against Indian authorities, marking a significant victory for multinationals involved in tax wrangles in the country.

The Bombay High Court ruled in favour of Shell, whose Indian unit had been accused of under-pricing shares issued to its parent firm by about 180 billion ...

(MENAFN - AFP) Areva's share price lost nearly a fifth of its value on Wednesday after the French nuclear giant announced it was suspending its outlook for the next two years.

Trading had been suspended on Tuesday afternoon, but as of 9:34 am (0834 GMT) the value had fallen 18.49 percent to 9.83 euros in otherwise flat trading on the CAC 40.

The stock, which is at its ...

(MENAFN - AFP) The Bank of Japan on Wednesday kept its upbeat economic view despite data showing the country had slipped into recession, which prompted Premier Shinzo Abe to delay a scheduled tax hike and call a snap election.

Following a two-day meeting, the BoJ stood pat on monetary policy -- after expanding its already huge stimulus package last month -- as markets eyed ...

(MENAFN - AFP) Russian doctors have taken to the streets in a rare protest as thousands are set to lose their jobs and dozens of hospitals are due to shut in Moscow in controversial moves to modernise the creaking health system.

With white coats slung over their winter clothing, more than 6,000 doctors and nurses braved the November cold on Sunday to protest against the reforms ...

(MENAFN - AFP) Britain's Queen Elizabeth II has voiced concerns that malaria risks are being sidelined because of the focus on the Ebola virus, a medical professor said after meeting the monarch on Tuesday.

"After Ebola we will still have malaria," the queen said, according to David Heymann, professor of infectious disease epidemiology at the London School of Hygiene and ...

(MENAFN - AFP) The World Health Organization voiced hope Tuesday the number of Ebola cases would start falling sharply early next year, stressing the need to develop rapid diagnostic tests for the end-phase.

"We are looking at where we will be in four to six months from now when the cases (could) decrease sharply and we will try to find the very last cases," Pierre Formenty, ...

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