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EUROPE MARKETS Europe Stocks Pause After Rally Carnival Sinks
LONDON – European stock markets dropped on Tuesday, taking a breather after climbing to multiyear highs in the prior day's session.The Stoxx Europe 600 index lost 0.3% to 308.79, retreating from the highest closing level since June 2008, reached on Monday.Shares of cruise-ship operator Carnival PLC (CCL) sank 14%, after the firm late Monday slashed its full-year guidance, saying ...
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Death toll in Turkish hot air balloon accident goes up to 3
ANKARA, Turkey - Officials say another Brazilian tourist has died of wounds sustained after a hot air balloon crashed to the ground, raising the number of tourists killed to 3. The balloon collided with another balloon mid-air and crashed during a sightseeing tour of volcanic rock formations in Turkey's Cappadocia region on Monday. The governor's office for Nevsehir province said ...
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Germany nationalises Bieber monkey
Justin Bieber's pet monkey is set to become the property of Germany.Mally the Monkey was seized by German customs on March 28 when the pop star failed to produce required vaccination and import papers for the animal after landing in Munich.He had until midnight on Friday to produce those documents.Customs spokesman Thomas Meister said after offices opened following a holiday weekend that ...
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Head of embattled G4S security force retires
LONDON (AP) -- The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic ...
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CORRECTED-Darty revenue falls market share in France improves
Tue May 21, 2013 4:30am EDT (Removes incorrect profit and revenue figures in paragraph 5 and replaces them with FY expectations) * Fall in like-for-like revenues in three months ended April * Darty France outperformed the market for the quarter * Profit before tax for the year in line with expectations LONDON, May 21 (Reuters) - Darty Plc reported a fall in like-for-like revenues in the three ...
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Elite contenders eye Lithuania finals
The UEFA European Under-19 Championship elite round kicks off on Wednesday, with 28 teams aiming to join hosts Lithuania in this summer's eight-team final ...
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BÅ‚aszczykowskis pleasant Dortmund surprise
Borussia Dortmund are in Saturday's final and winger Jakub Blaszczykowski told UEFA.com he is "surprised, as are many people," as he reflected on their season ahead of his Wembley ...
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Confident Fischers case for Swedens defence
Newly settled at the heart of Sweden's defence, Nilla Fischer says life under Pia Sundhage is "intense" and, as she nears 100 caps, she predicts the hosts will win all three group ...
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UPDATE 2-Vodafone keeps Verizon payout after European weakness
Tue May 21, 2013 4:14am EDT * Biggest ever fall in organic service revenue * FY earnings down 3.1 percent, just beating market view * CEO refuses to comment on sale of Verizon stake * Will keep hold of latest Verizon payout * Shares flat By Kate Holton and Paul Sandle LONDON, May 21 (Reuters) - Vodafone posted the largest ever fall in its main revenue measure on Tuesday, forcing it to keep a ...
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Russia USA should jointly confront spreading terrorism - minister
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The Netherlands fifth best Western European country to invest in
The Netherlands has been ranked as the fifth best Western European country to invest in, according to the "Global Best to Invest ...
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Nationale Nederlanden facing €2.7bn miss-selling claim
Insurance group Nationale Nederlanden faces a possible €2.7bn claim for miss-selling of its investment-based savings scheme. Website Follow the money has obtained a copy of a report by financial services complaints institute Kifid which says Nationale Nederlanden charged a client undisclosed costs on an investment-based savings scheme and must repay these together with the unrealised ...
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EU investigation could affect business from Chinas 4G deployment
IDG News Service - The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts. Last week, the EU set off fears of a trade war with China ...
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UPDATE 1-Bwin.party cuts costs in Europe eyes U.S. openings
Tue May 21, 2013 3:59am EDT * Bwin.party to focus on fewer European markets * Online gambling company looks to U.S. liberalisation * Shares fall as revenues slide in first quarter By Keith Weir LONDON, May 21 (Reuters) - Bwin.party has targeted cost savings of 70 million euros ($90 million) this year as it joins other online gambling companies pulling back from markets where regulations are not ...
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Russia Announces Cash Prizes for Its Universiade Medalists
MOSCOW, May 21 (R-Sport) – Russia’s federal government will pay out roughly $5,400 to Russian gold medalists at this summer’s University Games in the Russian city of Kazan, according to a decree signed Tuesday by Prime Minister Dmitry Medvedev. Silver medalists, meanwhile, will receive a bonus of just over $2,600, while bronze medalists will earn about $1,600, as Russia looks ...
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European shares slip from five-year highs
LONDON, May 21 (Reuters) - European shares edged back on Tuesday from five-year highs, with some traders citing concerns over a possible end to central bank stimulus measures which have led a global equity market rally this year. The pan-European FTSEurofirst 300 index fell 0.3 percent to 1,248.87 points, while the euro zone's blue-chip Euro STOXX 50 index declined 0.4 percent to ...
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Europe stocks pause for breath Carnival sinks
LONDON (MarketWatch) -- European stock markets nudged lower in early trade on Tuesday, taking a breather after climbing to multiyear highs in the prior day's session. The Stoxx Europe 600 ...
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European indices to open lower on Tuesday
European equity indices are expected to open slightly lower on Tuesday, following in the footsteps of their US counterparts which ended slightly lower, despite both the S&P and Dow hitting new all time highs earlier in the session. US equities shed earlier gains following comments from Chicago Fed President Charles Evans, who appeared to support the need for ultra-loose monetary policy from ...
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Cannes Euro Studios Look to Benefit From Busy London Soundstages
European film studio facility operators in such places as Germany and Eastern Europe feel positioned to take advantage of a shortage of free studio space in London and attract big Hollywood productions in the second half of the year and ...
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Russia says two rebels killed in North Caucasus
MOSCOW (Reuters) - Russian security forces killed two suspected militants in the North Caucasus during a night-time sweep in the region plagued by an Islamist insurgency, investigators said on ...
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Russias VTB sees 2013 net profit above 100 bln rbls
LONDON | Tue May 21, 2013 3:45am EDT LONDON May 21 (Reuters) - VTB, Russia's No.2 bank, sees 2013 net profit at above 100 billion roubles ($3.2 billion), Chief Executive Andrei Kostin told Reuters TV. In 2012, state-controlled VTB posted 90.6 billion roubles in net profit, flat on the previous year but beating a consensus analyst forecast. Kostin also said that the bank plans to ...
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Ethiopia Sweden Wants to Reinforce Relation With Ethiopia
Sweden seeks partnership with Ethiopia to build its relation with Africa on a new foundation, Swedish Ministers said on Monday. The remark came up while Sweden's Minister of Finance Anders Borg and Minister for International Development Cooperation Gunilla Carlsson held discussion with Prime Minister Hailemariam Desalegn in Addis Ababa. The Ministers said the economic growth of Africa and ...
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Ethiopia Germany Supports Ethiopias Agriculture Sector
Germany will further strengthen ongoing support through knowledge and technology transfer towards growth of Ethiopia's agricultural productivity, the Federal Minister of Agriculture of Germany, llse Aigner has said. A German-Ethiopian advanced training center with the Kulumsa Agricultural Research Center was inaugurated by Aigner and Agriculture State Minister Wondyirad Mandefro. The ...
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Russias Rostelecom Q1 net profit falls 49 pct
MOSCOW | Tue May 21, 2013 3:16am EDT MOSCOW May 21 (Reuters) - Russian state-controlled telecoms operator Rostelecom reported on Tuesday a 49 percent fall in first-quarter net income due to one-off gains in the year-ago period and higher interest expenses. The company said its net profit fell to 6.4 billion roubles ($205 million) in the first three months of 2013, which was below the ...
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Massive Tornado Hits Oklahoma Again
A huge tornado with 320 kilometers-per-hour winds has torn through the central U.S. state of Oklahoma, destroying homes for the second day in a row ...
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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