Equities extend rally; oil rebounds, helping rouble rise


NEW YORK - Equity markets worldwide extended the week's rally on Friday and oil prices rebounded from recent lows, as investors closed out the last full week of trading in 2014 on an upbeat note.

Exclusive: ECB considers making weaker euro zone states bear more quantitative easing risk - sources

FRANKFURT - European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost.

Greece 19 Dec 2014

Portugal's EDP sells some Spanish gas assets for 236 mln euros

LISBON, Dec 16 - EDP-Energias de Portugal Spanish unit Naturgas agreed to sell natural gas distribution assets in three Spanish regions to Redexis, a holding company of Goldman Sachs Infrastructure Partners, for 236 million euros ($295 million), EDP said on Tuesday.

Exclusive: France, Italy, Belgium may break budget rules, EU to revisit in March

BRUSSELS - The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March.

France, Italy, Spain 27 Nov 2014

REFILE-UPDATE 1-Portugal's CTT does not rule out making a bid for PT Portugal

(Adds further details, background; refiled to add missing Reuters Instrument Code for CTT)

ECB faces test of its own as Europe braces for landmark banking review

FRANKFURT - After putting the euro zone's top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday - will its landmark health check succeed in convincing investors the region's lenders are safe?

France, Germany, Greece, Ireland, Spain 25 Oct 2014

Portugal could block EU climate deal over connection target

BRUSSELS, Oct 22 - Portugal warned on Wednesday it could block an EU plan to cut greenhouse gas emissions if other states at a summit this week reject a binding target for building cross-border power cables and pipelines.

ECB says Portugal's Novo Banco won't be part of health checks

FRANKFURT, Oct 10 - Portugal's Novo Banco, created from the bailout of Banco Espirito Santo, will not be part of the European Central Bank's bank health checks, the ECB said on Friday.

Portugal sounds out Spanish banks on Novo Banco sale: sources

MADRID - Portugal has begun sounding out Spanish banks on their interest in buying Novo Banco, the successor to the state-rescued Banco Espirito Santo (BES), several sources familiar with the talks said on Tuesday.

Spain, Deals 30 Sep 2014

Europe new car registrations rise 1.8 percent in August: ACEA

FRANKFURT - Car sales in Europe rose 1.8 percent in August with volume makers Volkswagen , Ford and Opel benefiting from improved demand in Spain, Portugal and Ireland, while premium makers lost ground due to a drop in sales in Germany.

Ireland, Spain 17 Sep 2014

China condemns cyberattacks, but does not mention North Korea

BEIJING/WASHINGTON - China has said it opposes all forms of cyberattacks, but it stopped short of directly condemning the hacking of Sony Pictures, or of responding to U.S. calls for action against North Korea, blamed by Washington for the assault.