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(MENAFN - AFP) French manufacturers topped the list of European cars and vans with the lowest carbon emissions, the European Environment Agency said in a report published on Thursday.

French vehicle brands Renault, Peugeot and Citroen -- which ranked first, second and third -- had an advantage in the study because average emissions data was evaluated without taking into account ...

(MENAFN - AFP) Britain's financial regulator on Thursday fined Barclays bank £72 million ($109 million, 102 million euros) for failing to carry out proper checks on a vast so-called "elephant" deal for ultra-wealthy clients.

The Financial Conduct Authority said Barclays rushed through a huge £1.88-billion transaction in order to secure fees from a number of very rich customers. ...

(MENAFN - AFP) Mining giants responsible for a dam spill in Brazil earlier this month rejected Thursday accusations by the United Nations that "20,000 Olympic swimming pools of toxic mud" spewed into a river.

The November 5 collapse of a waste-water dam at the Samarco iron ore mine owned by the world's biggest mining corporation BHP Billiton and its Brazilian partner Vale ...

(MENAFN - AFP) President Recep Tayyip Erdogan denied Thursday that Turkey bought any oil from the Islamic State group, insisting his country's fight against the jihadists was "undisputed".

"Shame on you. Those who claim we buy oil from Daesh (IS) are obliged to prove it. If not, you are a slanderer," Erdogan said, lashing out at Russian charges after the downing of a warplane ...

(MENAFN - AFP) Russia on Thursday pledged broad retaliatory measures against Turkey's economy in revenge for the downing of one of its warplanes, as recriminations between Moscow and Ankara reached fever pitch.

Turkish President Recep Tayyip Erdogan angrily rebuffed his Russian counterpart's demands for an apology and said Vladimir Putin had snubbed a phone call from him ...

(MENAFN - AFP) An ex-girlfriend has set in motion a legal battle over whether 92-year-old billionaire Sumner Redstone, who controls Viacom and CBS, is able to make his own health care decisions.

Manuela Herzer has portrayed the tycoon in court documents as a "living ghost" obsessed with sex and steak, and out of touch with his surroundings

Redstone has trouble controlling ...

(MENAFN - AFP) A German court Thursday barred a condom manufacturer from advertising its product with the promise that a pack of seven contraceptives "equals up to 21 orgasms", calling the claim misleading.

The slogan could give consumers the wrong impression that condoms should be used more than once, ruled the court in the western city of Duesseldorf, upholding an injunction ...

26 Nov 2015   European stocks extend rebound 
(MENAFN - AFP) European stock markets rose solidly for a second day running on Thursday following gains across Asia.

Indices had rebounded Wednesday on receding worries about Russian-Turkish tensions, while US gains were muted following a stream of economic data ahead of the Thanksgiving holiday on Thursday with Wall Street closed.

Strong advances in London, Paris and ...

(MENAFN - AFP) Air passenger numbers worldwide are likely to reach seven billion per year within the next two decades, twice what they are now, IATA said on Thursday.

The International Air Transport Association said this was 400 million fewer than forecast previously because of a global economic slowdown, notably in China.

IATA said it now expects air passenger numbers ...

(MENAFN - AFP) Japanese Prime Minister Shinzo Abe on Thursday pledged to give $10.6 billion more to developing nations in 2020 to help them implement policies against global warming, ahead of the UN climate talks in Paris next week.

The decision to offer 1.3-trillion yen ($10.6 billion) came after Japan gave a roughly combined 2.0 trillion yen for the same purpose in 2013 ...

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