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EU's anti-fraud body probes aid for Syrian refugees

BRUSSELS/LONDON The European Union's anti-fraud body is investigating Syria aid projects, officials said, after a similar U.S. probe exposed bribery and fraud in some of its humanitarian assistance in the war-torn state.


May to set out vision of Brexit 'success' as some investors fret 6:02pm BST

LONDON Prime Minister Theresa May will set out her vision of a successful Brexit on Sunday as investors raise growing concern that the world's fifth largest economy could face upheaval from a disorderly exit from the European Union.


Lone Star and others bid for Monte dei Paschi's bad loan platform - sources 5:41pm BST

MILAN Lone Star, Christofferson Robb & Co (CRC) and other specialised investors have presented non-binding offers to buy a platform that will manage part of Monte dei Paschi di Siena's bad loans, three sources close to the matter said.


Greek central banker says banking system protected from any Deutsche Bank impact 4:45pm BST

ATHENS The Greek and international banking systems were "safe" and tools were in place to protect them from any impact from the crisis engulfing Deutsche Bank , Greek central bank chief Yannis Stournaras said on Friday.


EU seeks to contain looming battle over top jobs 1:38pm BST

BRUSSELS Just as it starts to grapple with the profound institutional upheaval that is Brexit, the European Union faces a potential game of musical chairs in top jobs which senior figures are trying to contain.


EU-U.S. trade deal talks 'continuing and very intense' - EU commissioner 12:41pm BST

KIEV The European Union and the United States are trying to make as much progress as possible in negotiations on the Transatlantic Trade and Investment Partnership (TTIP) before the end of the current administration, a top EU official said on Friday.


After Nissan ultimatum, Jaguar Land Rover says Brexit must be fair for all 2:51pm BST

LONDON Jaguar Land Rover will "realign its thinking" on investment after Britain's vote to leave the EU and if Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain's biggest carmaker said.


HeidelbergCement relaxed about Brexit, had good August in UK 2:54pm BST

STUTTGART, Germany Germany's HeidelbergCement is seeing strong business in the UK and is more worried about the economic effects if Donald Trump wins the U.S. presidential election than it is about Brexit, its chief executive said on Friday.


Some relief for big-spending ECB as euro zone inflation ticks up 3:44pm BST

BRUSSELS/FRANKFURT Inflation in the euro zone ticked up in September, data showed on Friday, giving the European Central Bank some confidence its stimulus programme is pulling the bloc's economy away from the deflationary brink. | Video


UK service firms defy Brexit, put BoE on spot over rates 5:11pm BST

LONDON Britain's giant services sector grew strongly in July, according to official data giving the clearest sign to date that the economy did not slump immediately into a major slowdown after the country's vote in June to leave the EU.


German hard line on Italy may rebound with Deutsche in crisis

FRANKFURT Germany's insistence that Italy accept tough conditions in tackling its problem lenders may rebound now that Berlin faces a banking crisis of its own.

Mosul offensive to start soon, says French defence minister

CONCARNEAU, France An Iraqi government-led offensive to retake the northern Iraqi city of Mosul from Islamic State will start soon, France's defence minister said on Friday after French warplanes took off from the Charles de Gaulle aircraft carrier to strike the militant group.


Missing Van Gogh paintings turn up in Italian mafia country house

AMSTERDAM/ROME Two stolen Vincent Van Gogh paintings worth millions of euros were found in an Italian country house belonging to an alleged mafia drug smuggler, police said on Friday, 14 years after they disappeared in a daring heist in Amsterdam. | Video

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