 Apple developers look forward to world's biggest mobile show... | |
 Pension plans upset French workers French strikers have gone to war with the government over plans to extend the retirement... |
| Mertesacker sustains eye injury, in doubt for Munich game Central defender Per Mertesacker is doubtful for Werder Bremen's Bundesliga match at champions Bayern Munich Saturday after picking up an eye injury in a Euro 2012... |
| FOREX-Euro rises after auctions; Canadian dollar soars * Canadian dollar soars after BOC announcement * Dollar drops to 15-year low versus yen * Euro falls to all-time low versus Swiss franc (Adds details, updates prices, adds byline) NEW YORK, Sept 8... |
| Reuters Summit - EADS CEO says 1 bln euro M&A possible EADS Chairman and CEO Louis Gallois speaks at 2010 Reuters Aerospace and Defense Summit 2010 in Washington, September 8, 2010. Credit: Reuters/Hyungwon Kang Wed Sep 8, 2010 11:56pm IST (For other... |
| Goldman Now Faces Large Fine in UK is facing a near-record fine from the UK’s financial regulator following a five-month investigation into the investment bank’s international business... |
| Sanofi CEO Pitches Genzyme Bid to Investors Sept. 8 (Bloomberg) -- Sanofi-Aventis SA’s Chief Executive Officer Chris Viehbacher took his case for a takeover directly to Genzyme Corp.’s investors in meetings in New York yesterday,... |
| EU Probes Hidden Greek Deals as Bonds Raise Flag Radermacher vows new toughness when officials from his staff head to Greece this month to come up with a “solid estimate” of the total value of debt hidden by the opaque contracts.... |
| Sarkozy Tweaks Pension Bill, Keeps Higher Age Sept. 8 (Bloomberg) -- French President Nicolas Sarkozy said he won’t retreat on raising the retirement age following nationwide protests by workers, agreeing to only some changes for people in... |
| EU Court Knocks Down German Gambling Monopoly Sept. 8 (Bloomberg) -- Germany’s state monopoly on sports- betting and lotteries risks being struck down after the European Union’s highest court said the country’s current rules... |
| Iceland Hangs Tough on Icesave Dispute Arnason, 44, formerly the country’s social affairs minister who took over the economy portfolio after Gylfi Magnusson was dismissed in a Sept. 2 cabinet reshuffle, said the dispute over $5.1... |
| Comac’s O’Shea Says Fed Action May Have Little Impact Sept. 8 (Bloomberg) -- The U.S. Federal Reserve would risk its credibility with a second round of asset purchases because such a measure may have little impact on economic growth, said Colm... |
| Barclays Hires Ex-CIT Chief Jeffrey Peek as Investment Banker Sept. 8 (Bloomberg) -- Barclays Plc hired Jeffrey Peek, the former chief executive officer of CIT Group Inc., to be a vice chairman in the Barclays Capital investment-banking... |
| Euro like a sleeping pill pre-crisis: Barroso Jose Manuel Barroso, President of European Commission, speaks during the 20th Economic Forum in Krynica, Poland . The euro was like a sleeping pill ahead of the global economic crisis, as countries... |
| Euro like a 'sleeping pill' pre-crisis: Barroso The euro was like a sleeping pill ahead of the global economic crisis, as countries failed to wake up to the need to reform, European Commission President Jose Manuel Barroso said Wednesday. "I... |
| CURRENCIES: Dollar Plays Defense Against Euro And Yen The dollar traded mostly lower Thursday, dropping against the euro as the currency market showed little reaction to the European Central Bank's decision to hold interest rates... |
| FOREX-Euro recovers to trade higher vs dollar and yen * Dollar/yen drops to 15-year low JPY= * Euro extends all-time low versus Swiss franc EURCHF= * Little euro chart support until 1.2700 vs Swiss franc (Adds quote, details, updates prices) By Nick... |
| Hungary won't seek to renew IMF, EU loans BUDAPEST, Hungary – Hungary will not seek any more loans from the International Monetary Fund or the European Union and will be able to meet its financing needs by selling bonds to... |
| UPDATE 1-Tomkins, Resolution, Weir to join UK's FTSE 100 LONDON, Sept 8 (Reuters) - Home Retail Group, Segro and Cable & Wireless Worldwide will drop out of Britain's FTSE 100 later this month after a quarterly rejig, index compiler FTSE said on Wednesday.... |
| Home Retail, Segro, C&W WW to exit UK FTSE 100 LONDON, Sept 8 (Reuters) - Home Retail Group, Segro and Cable & Wireless Worldwide will drop out of Britain's FTSE 100 later this month after a quarterly rejig, the index compiler FTSE said on... |
| Ireland to Split Anglo Irish; Cost Known in October Yielding to political pressure, Finance Minister Brian Lenihan ditched Anglo Irish's own plan to carve a functioning niche lender out of what is left of the nationalised bank when it transfers 36... |
| Western Economies to Slow, but Recession Unlikely: Poll Major developed economies are poised for a marked slowdown in coming quarters, led by the United States, although another recession still looks unlikely, a Reuters poll of 250 economists showed on... |
| FTSE 100 closes higher LONDON (AFP) – London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak. The benchmark FTSE 100 index... |
| Ireland to split Anglo Irish into good, bad banks DUBLIN – Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are dealing with... |
| European Stocks Climb to Four-Month High; BP, Ericsson Rally Sept. 8 (Bloomberg) -- European stocks rose to a four-month high as improved demand for government bonds from Portugal to Poland helped ease concern about sovereign debt and shares of BP Plc... |
| Anglo Irish to Be Split as Ireland Seeks ‘Finality’ Sept. 8 (Bloomberg) -- Anglo Irish Bank Corp. will be broken in two as Ireland’s government seeks “finality” on the bailout of the nationalized bank and tries to calm investor... |
| Yen Drops From 15-Year High as Debt Sales Ease Risk Aversion Sept. 8 (Bloomberg) -- The yen dropped from a 15-year high against the dollar after improved demand for European bonds eased concern the region’s debt crisis is worsening and speculation... |
| Vatican Calls Planned Koran Burning ‘Outrageous’ Sept. 8 (Bloomberg) -- The Vatican condemned a Florida pastor’s plan to burn Korans on the anniversary of the Sept. 11 attacks, and U.S. Secretary of State Hillary Clinton said burning the... |
| World Cup flop France finally wins in Euro qualifying Germany's Thomas Mueller, left, and Rail Malikov of Azerbaijan challenge for the ball during the Euro 2012 Group A qualifying soccer match between Germany and Azerbaijan in Cologne, Germany,... |
| Glance-Energy stocks, led by BP, fuel FTSE turnaround By Tricia Wright LONDON, Sept 8 (Reuters) - Britain's top share index was higher at midday on Wednesday, boosted by energy stocks led by BP after the oil company reported on the causes of its Gulf of... |
| Wall Street up as fears for European economy ease NEW YORK (AFP) – US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy. The Dow Jones... |
| CURRENCIES: Spain Bond Auction Lifts Euro Ahead Of ECB The dollar traded mostly lower Thursday, sinking against the euro as the currency market showed little reaction to the European Central Bank's decision to hold interest rates... |
| WCup flop France finally wins in Euro qualifying France's Karim Benzema reacts after scoring against Bosnia during their Euro 2012 Group D qualifying soccer match at Olympic Kosevo stadium in Sarajevo, Tuesday, Sept. 7, 2010.(AP Photo/Francois... |
| Banks Have a 'Reputational Problem': Unicredit CEO The new rules that will be imposed on banks to ensure a crisis like the one that started in 2007 will not be repeated are necessary, but they will take time to implement, Unicredit CEO Alessandro... |
| Russia to Boost China Links With Yuan-Rouble Trade The move is a step towards settling bilateral trade in national currencies, as championed by Chinese and Russian leaders when they met in June 2009 - an intention that has been reiterated by... |
| US gains, Portugal bond sale help European stocks LONDON – Gains on Wall Street and a relatively successful Portuguese government debt sale helped Europe's stocks recover early losses Wednesday, though fears of a flare-up in the region's debt... |
| Portugal’s Borrowing Costs Increase at Bond Auction Sept. 8 (Bloomberg) -- Portugal’s borrowing costs increased at an auction of 661 million euros ($839 million) of bonds due in 2013 and 378 million euros of bonds due in... |
| Stocks Advance as Debt Concern Eases; Treasuries Decline Sept. 8 (Bloomberg) -- Stocks rose, rebounding from yesterday’s slide, while Treasuries and the dollar declined after improved demand for Portuguese and Polish bonds eased concern that... |
| Glaxo Names Goldman’s Dingemans as Finance Chief Sept. 8 (Bloomberg) -- GlaxoSmithKline Plc said Simon Dingemans, a partner at Goldman Sachs Group Inc., will replace Julian Heslop as chief financial officer next... |
| European Stocks Climb After Government Bond Sales; BP Rallies Sept. 8 (Bloomberg) -- European stocks rose as improved demand for government bonds from Portugal to Poland helped ease concern about sovereign debt and shares of BP Plc advanced. U.S. index futures... |
| Currencies: Dollar weaker against euro, U.K., Canadian units NEW YORK (MarketWatch) -- The U.S. dollar weakened versus most major rivals on Wednesday amid better news out of Canada and the U.K. and a positive opening for U.S. stocks. Against the Japanese... |
| Cash to card switch could save €1 billion A new report says that annual savings of €1 billion could be made if people made the change from paper-based payment systems to electronic systems. That equates to €680 per household. ... |
| BP: oil disaster 'due to mechanical failures and human judgments' A "complex and interlinked" series of events involving mechanical failures and human judgments led to the Gulf of Mexico oil disaster, a report by oil giant BP said today. The internal... |
| Vodafone offloads China Mobile stake Mobile phone giant Vodafone has unveiled moves to offload its stake in China Mobile for nearly double the price it paid 10 years ago. The Newbury-based group is selling the 3.2pc shareholding for... |
| German production rises less than expected Industrial production in Germany, Europe’s largest economy, rose less than economists forecast in July, suggesting the recovery is losing momentum. Production increased 0.1pc from June, when... |
| German economy to slow in coming months, data shows - Summary Berlin- The German economy is likely to slow in the coming months with key data released Wednesday pointing to the nation's economic growth starting to lose momentum.While industrial production... |
| Portuguese Yield Spreads Ease After Bond Auction The premium investors demand to hold Portuguese government bonds rather than benchmark German Bunds fell from session highs after Portugal successfully raised 1.04 billion euros in the bond... |
