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|EU takes legal action against Germany, UK over Volkswagen scandal|
By Alissa de Carbonnel BRUSSELS (Reuters) - The European Union started legal action on Thursday against seven countries including Germany and Britain for failing to police emissions test cheating by carmakers after the Volkswagen scandal. Amid mounting frustration in Brussels over what it sees as governments colluding with the powerful car industry, the European Commission is wielding the biggest stick it has - potentially going in court - to try to force nations to clamp down on diesel cars spewing health-harming pollution. German officials - who say EU law is poorly framed - had been skeptical Brussels would take on the EU's leading power and by far its biggest carmaker at a time when the unity of the bloc is being challenged by eurosceptics and Britain's vote to leave.
|Rolling Stone's Mick Jagger celebrates birth of 8th child|
Mick Jagger's representatives say the rock legend has welcomed the birth of his eighth child. Jagger, the 73-year-old frontman of the Rolling Stones, was on hand Thursday at a New York hospital when girlfriend, ...
|Woman described as Canada's Rosa Parks to appear on banknote|
GATINEAU, Quebec (AP) — A black woman often described as Canada's Rosa Parks for her 1946 decision to sit in a whites-only section of a Nova Scotia movie theater will be the first woman to be celebrated on the face of a Canadian banknote.
|Bond yields rise as ECB trims bond purchases; Wall Street steady|
By Sinead Carew NEW YORK (Reuters) - Bond yields rose and the euro dipped on Thursday after the European Central Bank said it would slow its stimulus program from April, while Wall Street struggled to extend the previous session's records. European stocks rose after the ECB decision to reduce the long-running bond buying scheme to 60 billion euros a month, from 80 billion, from April to December 2017. "This isn't going to last forever, but they are saying we are going to keep doing this until inflation comes back," said Larry Milstein, head of U.S. government and agency trading at R.W. Pressprich & Co in New York.
|Guitarist/singer Greg Lake of Emerson, Lake and Palmer dies|
LONDON (AP) — Musician Greg Lake co-founded both King Crimson and Emerson, Lake and Palmer — bands that helped define the sprawling, influential but often-maligned genre known as progressive rock.