Europe

US Dollar, Swiss Franc, British Poung and Euro Bank Notes

Asian shares up, Scottish vote seen lifting Europe

The British pound rose sharply after the Scottish independence vote indicated Scotland would remain in the United Kingdom, while Wall Street's overnight gains and Alibaba Group's red-hot initial public offering underpinned Asian shares.

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Petrusse river, Luxembourg

Luxembourg opens art freeport to lure super-rich

Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.

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The headquarters of the European Central Bank

ECB to dish out first round new ultra-long loans to boost lending

The European Central Bank will hand out the first round of its new four-year loans on Thursday, the flagship tool in a new stimulus package it hopes will stave off deflation and revive the ailing euro zone economy.

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Bayer

Bayer to unveil plan to sell plastics business: WSJ Deutschland

Bayer (BAYGn.DE) plans to sell its plastics business with an estimated value of about 8 billion euros ($10.3 billion) as part of a shift away from chemicals toward pharmaceuticals and crop science, a German newspaper reported, citing informed sources.

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Sanofi in China

Sanofi unveils heart disease partnership with MyoKardia

French drugmaker Sanofi announced on Wednesday a partnership with U.S.-based MyoKardia to develop therapies for patients with genetic heart diseases.

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London Fashion Week

Flowers, pattern-mixing, sportswear triumph at London Fashion Week

Designers took inspiration from nature, sportswear and eclectic pattern mixes for their London Fashion Week collections, offering an array of glamorous gowns and sleek casualwear heavy with hand-crafted details.

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The logo of French telecom operator Orange

Orange offers to buy Spain's Jazztel for 3.4 billion euros

Orange has offered buy Spanish telecoms operator Jazztel for around 3.4 billion euros (4.40 billion US dollar), a deal that could help the French company jump ahead of rival Vodafone in the country's mobile market.

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Russia's Prime Minister Dmitry Medvedev (L) and Speaker of the State Duma Sergei Naryshkin

Russia needs government investment to avoid recession, says former finance minister

Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.

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New York Stock Exchange

World stocks hit one-month low, caution ahead of Fed

Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

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Automotive Industry

Germany's ZF to take over TRW Automotive for $13.5 billion

German car parts maker ZF Friedrichshafen [ZFF.UL] has reached a deal to buy U.S.-based TRW Automotive Holdings Corp (TRW.N) for $13.5 billion including debt, creating a global automotive supply powerhouse with combined annual sales of more than $40 billion.

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Euro

European shares buoyed by talk of bid for brewer; oil struggles

European stock markets rode out a rough morning to move higher on Monday, recovering some poise at the start of a week likely to be dominated by a meeting of the U.S. Federal Reserve and Scotland's vote on whether to leave the United Kingdom.

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Simo Puhakka, Chief Executive Officer at Pohjola Asset Management Execution Services

Investors team up to find path through risky dark pools

Stock investors who recognize the risks of trading in anonymous "dark pools" but are unwilling to spurn them have found an alternative: club together.

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Pills

Vernalis PLC Announces FDA Accepts Tuzistra(TM) XR NDA for Full Review

Vernalis plc and Tris Pharma, Inc. ("Tris") are pleased to announce that the U.S. Food and Drug Administration ("FDA") has confirmed that the New Drug Application ("NDA") for Tuzistra™ XR ("CCP-01") has been accepted for full review. This triggers a milestone payment from Vernalis to Tris.

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Fashion Models

London designers target fashion-hungry shoppers with 'tech firsts'

Fueled by the boom in online sales for the latest trends, London's designers are finding new ways to deliver instant gratification to fashion hungry shoppers, amid high hopes of boosting growth in the sector.

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The Tag Heuer logo

LVMH's TAG Heuer has plans for smartwatch: paper

French luxury group LVMH's watch brand TAG Heuer has plans to launch its own smartwatch, the head of its watch business told a Swiss newspaper.

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