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STOCKS NEWS EUROPE-HSBC falls amid Asia worries stalling U.S. talks
* FTSEurofirst 300 down 0.5 pct, FTSE 100 down 0.7 pct* HSBC drags indexes on fears about U.S. case settlement* Selling pressure piles up as indexes test supportBy Francesco CanepaLONDON, May 24 (Reuters) - European shares edged lower ...
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HSBC leads European shares lower in jittery trade
Fri May 24, 2013 7:30am EDT * FTSEurofirst 300 down 0.5 pct, FTSE 100 down 0.7 pct * HSBC drags indexes on fears about U.S. case settlement * Selling pressure piles up as indexes test support By Francesco Canepa LONDON, May 24 (Reuters) - European shares edged lower on Friday, dragged down by heavyweight bank HSBC and some technical selling as key indexes tested support levels, igniting concerns ...
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European soccer final adds new chapter to Adidas-Puma rivalry
By Victoria Bryan and Keith Weir FRANKFURT/LONDON | Fri May 24, 2013 7:20am EDT FRANKFURT/LONDON May 24 (Reuters) - German sportswear makers Adidas and Puma will renew their own decades-old rivalry when Bayern Munich and Borussia Dortmund meet in the Champions League Final at Wembley on Saturday. Adidas is the long-standing kit supplier to Bayern and owns a stake of around nine percent ...
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Fiat Chairman said group never tried not to pay taxes in Italy
BAGNIA, Italy | Fri May 24, 2013 7:18am EDT BAGNIA, Italy May 24 (Reuters) - Fiat Chairman John Elkann, at the centre of a political controversy in Italy over plans by truck and tractor maker Fiat Industrial to move its fiscal residence to Britain, said his group had never tried not to pay taxes in Italy, "This is just argument for argument's sake, it is not the reality. No one ...
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UPDATE 1-Switzerlands top tax diplomat to step down
Fri May 24, 2013 7:18am EDT * Ambuehl chief negotiator in U.S. tax talks * Also leads talks with EU over corporate tax * Swiss Fin Min signalled deal could come soon ZURICH, May 24 (Reuters) - Switzerland's top representative on international financial affairs will step down at the end of August, the finance ministry said on Friday, as negotiations with the United States and the European ...
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Frances Areva says one dead 14 wounded in Niger twin bombings
French nuclear reactor producer Areva said one was killed and 14 wounded after a car bombing struck its plant in northern Niger on early Thursday morning. "AREVA has learned with the deepest emotion of the death of one of the injured victims during the attack on the site of Somair" at Arlit, the French nuclear company said in the statement, while confirming that 14 people were ...
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Attack casts spotlight on radical preachers
Two Muslim hardline preachers say that one of the suspects in the killing of a London soldier was interested in their teachings. And a British government official said one of the men tried to go to Somalia to train or fight with the terror group ...
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Facebook delays Home in Europe seeks stronger First impression
IDG News Service - Users in the U.K. and France will have to wait a bit longer to get their hands on the HTC First. The first smartphone to come preinstalled with Facebook Home has been delayed in those countries while Facebook updates the software to address some negative user feedback. Facebook is wise to delay the rollout, one analyst said, rather than release the product to other markets and ...
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Ring Of Fire Earthquake Hits Russia And US
Two earthquakes have hit the Ring of Fire area, registering magnitudes of 8.2 and 5.7 and prompting a tsunami warning. Moscow felt tremors from the more powerful quake, causing some people to evacuate buildings despite the epicentre being more than 4,000 miles to the east. The US Geological Survey said the epicentre of Thursday's quake was in the Kuril-Kamchatka arc, one of the most ...
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European high yields strong run forecast to continue
Fri May 24, 2013 7:05am EDT * Strategists see value in high yield markets * Crossover could fall to 325bp by year-end * Bubble unlikely, issuance pace sustainable By Josie Cox LONDON, May 24 (IFR) - The high yield bond market is one of the last oases of yield for credit investors, and the Crossover index could still contract a further 17% by year-end, strategists said on Friday following another ...
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European stock markets steadier after sharp losses
European stock markets rebounded modestly at the start of trading on Friday following sharp losses suffered the previous day. London's benchmark FTSE 100 index rose 0.23 percent to 6,712.15 points, Frankfurt's DAX 30 gained 0.46 percent to 8,390.16 points and in Paris the CAC 40 climbed 0.36 percent to 3,981.27. European stock markets had slumped on Thursday, with most indices ...
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Germanys Einstein Tower Is Relatively Important
Connecticut Sun . And like any casino worth its chips, the Sun brings in aging rockers like Megadeth, Styx, and REO Speedwagon. It's not just that you can gamble away your pennies at a resort tucked in a riverside woodland; the 34-story hotel tower juts out of the landscape like a crystal mountain. But casinos tend to want people to stay in the gambling halls, so conveniently, it also has a ...
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Russia Says Syria Will Attend Geneva Peace Talks
MOSCOW -- The Syrian government has agreed to participate in an international peace conference coordinated by Russia and the United States, a spokesman for the Russian Foreign Ministry said on ...
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New Issue-NordLB prices 200 mln euro 2021 bond
Fri May 24, 2013 6:58am EDT May 24(Reuters) -Following are terms and conditions of a bond priced on Friday. Borrower Norddeutsche Landesbank Girozentrale Issue Amount 200 million ...
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Germany Q1 GDP growth confirmed at 0.1 qq
Q1 GDP second estimate confirmed that it increased 0.1% q/q. Demand component breakdown pointed that private consumption, up 0.8%, was the main driver of this small rebound in activity following a 0.7% fall in Q4. In addition May IFO survey bodes well for the recovery momentum in the coming ...
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Anti-austerity Keynes never met the euro zone
There is no magic Keynesian bullet for the euro zone's woes. But the spectacularly muddle-headed argument nowadays that too much austerity is killing Europe is not surprising. Commentators are consumed by politics, flailing away at any available target, while the "anti-austerity" masses apparently believe that there are easy cyclical solutions to tough structural ...
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Stockholm riots provoke questions about Swedens immigrants
As Stockholm wakes up after a fifth consecutive night of rioting, questions are increasingly being asked about the root causes. A police station, schools and cars in several surburbs of the Swedish capital were the latest victims of Thursday night’s public disorder. Stockholm is one of the richest cities among countries that are part of the international economic organisation – ...
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Berlusconi looms large in Romes mayoral election even though hes not a candidate
Rome mayor Gianni Alemanno speaks during a photo opportunity in Rome on May 21, 2013. Silvio Berlusconi's figure looms large over Rome's mayoral elections this weekend even though the former premier isn't among the 19 candidates running. The vote is very much a test of Berlusconi's enduring political influence and voter sentiment over the uneasy national government made up of ...
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STOCKS NEWS EUROPE-Next weakens as Morgan Stanley cuts rating
May 24 (Reuters) - (The following statement was released by the rating agency)Philip Morris International's deal to buy out a minority shareholder in its ...
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Europe needs a more European UK says ECB president
European Central Bank , has called for the UK to be "more European" and said the continent's key institutions could face dissolution if the UK leaves ...
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Wolfsburg claim Euro crown
Members of German club Wolfsburg celebrate during the awarding ceremony for the UEFA Women's Champions League after the final match between Wolfsburg and Olympique Lyonnais in London, Britain, on May 23, 2013. Wolfsburg won the match 1-0 and claimed the title. (Xinhua/Wang ...
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Report France backs off caps on CEO pay
PARIS — France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy. The Socialist government imposed limits last year on executive pay at state-run companies, and pledged to do the same in the private sector. Pierre Moscovici ...
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Europe moving faster towards BYOD
Bring your own device (BYOD) strategies are being adopted much faster in Europe than the US, according to the head of Citrix in the region. Contradicting his boss, Citrix ...
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Sweden reels after fifth day of riots
A car burns after riots in the Stockholm suburb of Kista. Sweden's capital has been hit by some of its worst riots in years after youths scorched dozens of cars, attacked a police station and threw stones at rescue services in its poor immigrant suburbs. Photo: ...
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Syria is ready for talks - Russia
Moscow - Russia said on Friday that the Syrian government had agreed in principle to attend an international peace conference proposed by Russia and the United States, and criticised what it called attempts to undermine peace ...
Denmark Discussion
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Denmark's Russian relationship
Danish relations with Russia have existed for several centuries, with the first recorded diplomatic relations dating from 1493, when King Hans and Ivan III signed a treaty aimed at planning an offensive against Sweden and Lithuania. Since then the relations between the two countries have grown closer, frayed, become tense, reconciled and stagnated at different points throughout the history of their respective political development.
Denmark and Russia have always been economically and politically important to one another though. Denmark, since the end of the Cold War, has acted as a bridge between the east and west, and during much of the tumultuous politics of the post-war and Cold War period, remained largely neutral in many affairs concerning Russia. In 1939 the country refused to support measures to expel Russia from the then-League of Nations, and resisted attempts by Nordic countries to set up a defense alliance for the region. Read more
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