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(MENAFN - AFP) The French economy stagnated in the first quarter and investment continued to decline but purchasing power saw a bump, the state statistics agency said on Friday.Confirming an earlier estimate, INSEE said the French economy saw zero growth in the first quarter, with paltry 0.7 percent growth expected for the whole of 2014.Purchasing power was up by 1.3 ...


(MENAFN - AFP) Upward momentum is likely to re-emerge in the Tokyo market, analysts said Friday, as players wait for a key business confidence survey to gauge the impact of a Japanese tax hike.The market will look to Japanese industrial production for May to be issued on Monday, followed by the release of the all-important "tankan" business confidence report from the Bank ...


(MENAFN - AFP) Tobacco giant Philip Morris International said Friday it would contest new rules on tobacco sales at the Court of Justice of the European Union (CJEU).The new measures, adopted on April 3, cover labelling, ingredients, tracking and tracing, e-cigarettes, cross-border sales and herbal products for smoking.Philip Morris said it had filed suit in Britain ...


(MENAFN - AFP) Europe's main stock markets recovered slightly on Friday as traders focused on regional growth data, a day after the release of poorly received US numbers.London's benchmark FTSE 100 index of top companies rose 0.19 percent to stand at 6,747,75 points around midday in the British capital.Frankfurt's DAX 30 climbed 0.11 percent to 9,815.25 points and ...


(MENAFN - AFP) Britain's economy grew by 0.8 percent in the first quarter of 2014 compared with output in the final three months of last year, unrevised official data showed on Friday.Gross domestic product was 3.0-percent higher in the January-March quarter compared with the first three months of 2013, revised down from the previous official estimate of 3.1 percent, the ...


(MENAFN - AFP) North Korea's economy expanded an estimated 1.1 percent in 2013, marking the third consecutive year of positive growth, South Korea's central bank said Friday.The Bank of Korea put the North's nominal gross national income (GNI) at 33.8 trillion won ($33.3 billion), or roughly 2.3 percent of the South's GNI of 1,441 trillion won.The bank said last year's ...


(MENAFN - AFP) Women with a predisposition to breast cancer could be warned of developing symptoms by a simple blood test even if they do not inherit genes associated with disease, scientists said on Friday.Research has identified a molecular "switch" in blood samples that makes a woman vulnerable to breast cancer.The marker is linked to the BRCA1 breast cancer gene ...


(MENAFN - AFP) Japanese stemcell scientists have succeeded in slowing the deterioration of mice with motor neurone disease, possibly paving the way for eventual human treatment, according to a new paper.A team of researchers from the Kyoto University and Keio University transplanted specially created cells into mice with amyotrophic lateral sclerosis (ALS), also called ...


(MENAFN - AFP) Global oil prices steadied Friday after lacklustre US economic data that has fuelled bearish sentiment about demand in the world's top crude consumers, analysts said.In late morning London deals, Brent crude for delivery in August rose 13 cents to trade at $113.34 a barrel compared with Thursday's close.US benchmark West Texas Intermediate for August ...


(MENAFN - AFP) British authorities on Friday ordered Eurotunnel to stop running its ferry service to France on grounds of unfair competition.The Competition and Markets Authority (CMA) ruled in a final report that Eurotunnel, which operates the undersea Channel rail tunnel between France and England, should be barred from continuing its MyFerryLink service from the southern ...

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