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(MENAFN - AFP) US stocks took a breather after last week's records, ending a volatile few days in the red as some investors snapped up profits before the third quarter closes.

In four of the five days, the Dow finished the trading session with swings of more than 100 points in either direction, a shift from the low-volatility trend of much of 2014.

In the end, the ...

 
(MENAFN - AFP) Air Berlin, Germany's second-biggest airline, said Friday it had cancelled orders with Boeing for 33 aircraft with a list price of about $5 billion.

The airline, which last month reported a return to profit in the second quarter, said in a statement that the cancellation would "significantly reduce the future capital expenditure" of the company.

It said ...

 
(MENAFN - AFP) A US judge gave Argentina a minor victory in its fight against hedge fund bondholders when he lifted a block on Citigroup processing a small debt service payment for the country before a September 30 deadline.

New York federal court judge Thomas Griesa lifted his block on the $5 million payment to holders of a small class of the country's debt, US dollar bonds ...

 
(MENAFN - AFP) The European Union on Friday unveiled an interim deal meant to end Russia's latest gas war with Ukraine which could see a return of supplies to the crisis-hit nation and a renewal of trust between the rival neighbours.

The so-called "winter package" unveiled in Berlin came with Moscow threatening to cut off Europe's own gas shipments and a shaky truce in Ukraine ...

 
(MENAFN - AFP) The International Monetary Fund fast-tracked $130 million (102.5 million euros) in aid to fight the Ebola epidemic after the governments of the worst-hit countries in west Africa said they were desperately counting on promises of global aid to be backed up with cash.

The IMF's executive board said it wanted to help Guinea, Liberia and Sierra Leone respond to ...

 
(MENAFN - AFP) The International Monetary Fund fast-tracked $130 million in aid Friday to fight the Ebola epidemic in the worst-hit countries in West Africa.

The IMF executive board strongly approved the financial assistance, "in an expedited decision," to help Guinea, Liberia, and Sierra Leone respond to the rapidly spreading Ebola outbreak that has killed around 3,000 since ...

 
(MENAFN - AFP) An activist investment firm Friday urged Yahoo to explore a tie-up with online rival AOL, saying such a deal could help the struggling Internet pioneer "unlock" value for shareholders.

Starboard Value LP, which said it had acquired a "significant" ownership interest in the company, said in an open later to Yahoo chief Marissa Mayer that bringing together the ...

 
(MENAFN - AFP) Air France's main pilots' union offered to lift its crippling strike late Friday if an independent mediator were named to run negotiations in a bitter battle over the fate of the company's low-cost subsidiary.

The SNPL union, in what it called a "gesture of appeasement", said it was "ready to end the conflict as soon as this mediator is named" by the government.

Air ...

 
(MENAFN - AFP) Thousands of doses of experimental Ebola vaccines could be ready for use in African countries badly hit by the deadly virus early next year, the World Health Organization said Friday.

"If everything goes well, we may be able to begin using some of these vaccines in some of the affected countries at the very beginning of next year," said WHO assistant director ...

 
(MENAFN - AFP) Spain boasted it was surging ahead of its eurozone neighbours as it raised its economic growth forecasts on Friday, promising hundreds of thousands of new jobs after years of recession.

The government forecast that Spain's economy -- the fourth biggest in the eurozone -- would grow 1.3 percent in 2014, bouncing back after six years of crisis that brought it ...

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