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(MENAFN - AFP) Lenovo announced Thursday it has completed its acquisition of Motorola Mobility from Google, a move strengthening the Chinese giant's position in the smartphone market.

The $2.9 billion deal, announced in January, ends Google's brief ownership of the onetime mobile phone star.

By adding Motorola, Lenovo positions itself among the top global smartphone ...

 
(MENAFN - AFP) EU-brokered talks to resolve a bitter gas supply dispute between Russia and Ukraine stalled Thursday as Moscow demanded that Brussels and Kiev first agree on how Ukraine will pay its huge bill.

The talks were due to resume later in the day as the international community looked anxiously ahead to elections planned Sunday by pro-Moscow rebels in the parts of ...

 
(MENAFN - AFP) Unemployment in Germany, Europe's biggest economy, fell unexpectedly this month, as the labour market shrugged off cooling economic conditions all around, data showed on Thursday.

The number of people registered as unemployed in Germany fell by a seasonally-adjusted 22,000 to 2.887 million in October, the Federal Labour Office said.

That was better than ...

 
(MENAFN - AFP) Scandal-hit British bank Barclays has set aside £500 million ($800 million, 634 million euros) linked to global probes into allegations of price-rigging in foreign exchange markets, cutting net profits, it said on Thursday.

"A £500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," ...

 
(MENAFN - AFP) Russia is eyeing a project worth about $25 billion to overhaul North Korea's railway network in return for access to mineral resources in the hermit state, Moscow's government daily reported on Thursday.

The mammoth project would involve the modernisation of about 3,000 kilometres (1,875 miles) of the Stalinist nation's ageing railroads over a 20-year period, ...

 
(MENAFN - AFP) Volkswagen, Europe's biggest car maker, said on Thursday it is sticking to its full-year profit targets following a strong rise in profits in the third quarter.

"The Volkswagen group reported a robust performance in the first nine months of 2014, despite the ongoing uncertain market environment," said chief executive Martin Winterkorn.

"Given the group's ...

 
(MENAFN - AFP) British bank Barclays has set aside £500 million ($800 million, 634 million euros) linked to global probes into allegations of price-rigging in foreign exchange markets, cutting quarterly net profits, it said on Thursday.

"A £500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," ...

30 Oct 2014   Ukraine-Russia gas talks stall 
 
(MENAFN - AFP) EU-brokered talks to resolve a bitter gas dispute between Russia and Ukraine on Thursday appeared stalled as Moscow demanded that Brussels and Kiev first agree on how Ukraine will pay its huge bill to Moscow.

"The European Commission must reach an agreement with Ukraine over the question of financing," Gazprom spokesman Sergei Kuprianov told AFP in Moscow.

"Otherwise, ...

 
(MENAFN - AFP) Royal Dutch Shell posted mixed third-quarter earnings on Thursday, as it weathered sliding oil prices but was buoyed by improved capital efficiency and strong project delivery.

Net profits, or earnings after taxation, dropped five percent to $4.46 billion (3.55 billion euros) in the three months to September, compared with the same part of 2013, the Anglo-Dutch ...

 
(MENAFN - AFP) British bank Barclays on Thursday set aside £500 million ($800 million, 634 million euros) linked to probes into price-rigging allegations in foreign exchange markets, and posted slumping third-quarter net profits.

"A £500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," it ...

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