Latest Europe Business News
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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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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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New bird flu strain may be capable of spreading from human to human study
HONG KONG (Reuters) - The H7N9 bird flu virus may be capable of spreading from human to human and can be transmitted not only through direct contact but also through airborne exposure, researchers at the University of Hong Kong have ...
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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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Eurozone Economic Activity Set To Stabilize In Near-Term IHS Global Insight
Eurozone's economic activity will likely stabilize sooner rather than later, supported by the gradually improving consumer confidence and the boost to purchasing power coming from low inflation, IHS Global Insight Chief UK and European Economist Howard Archer said. The economist, however, cautioned ...
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We Haven’t Solved ‘Too Big to Fail’ BoE’s Haldane
Andy Haldane, executive director for financial stability at the Bank of England, says the economy is "healing" but that we're still "a long way short off ...
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Jury in Arias case gives up after no consensus
Jodi Arias ' murder trial filed one by one from the courtroom after a dramatic five months of gut-wrenching testimony and gruesome photographs, three women on the panel cried and one looked to the victim's family, mouthing the word, "Sorry." The silent gesture offered a glimpse into what was likely a tense few days inside the deliberations room as the jury finally determined ...
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Is the FTSE Ready For a Sell on the Weekly
weekly time frame gives us a good clue that a medium term sell is imminent as it rejects 6800. All we need to dois wait for the close this afternoon at 4:30pm to see if it does close as a bearish pin bar reversal on the weekly. If it does, we our second clue that this Index is ready for a multi-week sell (using the weekly ...
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Italy railways picks arrangers for 4.5 bln euro debt programme
MILAN | Fri May 24, 2013 6:00am EDT MILAN May 24 (Reuters) - Italy's state railways Ferrovie dello Stato said on Friday it has mandated Deutsche Bank, Credit Agricole, UniCredit and JP Morgan to arrange a medium-term note programme worth up to 4.5 billion euros ($5.8 billion). "The first issue of the programme is expected by the end of July," Ferrovie dello Stato said in a ...
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RPT-UPDATE 2-German outlook brightens as businesses become more upbeat
Fri May 24, 2013 5:59am EDT * Ifo index picks up more than expected in May * Private consumption drove Q1 economic growth * Consumers also likely to support weak expansion this year By Sarah Marsh BERLIN, May 24 (Reuters) - German business morale improved far more than expected in May, rebounding after two months of falls and suggesting Europe's largest economy is slowly picking up speed ...
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La Liga Preview Pressure on for Euro spots
With the title well and truly decided in La Liga and two matchdays to play, all eyes are on the European race and the relegation battle.Starting at the top, Real Sociedad have it all to do them to sustain fourth position and the UEFA Champions League qualifying position as they prepare to host Real Madrid.Sociedad are fourth, level on points with fifth-placed Valencia and need to win to ...
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Obamas drone speech welcomed in Pakistan Yemen
ISLAMABAD (AP) -- President Barack Obama's speech on the use of drones to kill Islamic militants was well-received in two countries most affected by the strikes - Pakistan and Yemen - but criticism of the U.S. policy remains ...
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Euro Tour chief apologises for remark
The chief executive of the European Tour has issued an apology after becoming embroiled in the Sergio Garcia racism row.Garcia got into trouble after joking at a European Tour awards dinner on Tuesday that he would serve world number one Tiger Woods fried chicken for dinner.The Spaniard offered an unreserved apology on Wednesday for the remarks, which Woods described as 'wrong, hurtful and ...
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Britain braces for possible copycat attacks
LONDON -; Britain is bracing for clashes with right-wing extremists and possible copycat terror attacks after the slaying of a young soldier, adding some 1,200 police to potential trouble ...
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5.7-magnitude quake widely felt across N. Calif.
GREENVILLE, Calif. -; An earthquake in far northeastern California was felt by thousands of people as far away as San Francisco and in two other states, but there have been no reports of injury or serious ...
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Shares fall on US stimulus decision
Thomas Molloy - 24 May 2013 Irish and European stocks dropped after the Federal Reserve signalled it will scale back its stimulus if the US economy improves and as data showed Chinese manufacturing ...
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€6.9m in funds for research projects
The funding is being provided through Science Foundation Ireland. Research and Innovation Minister Sean Sherlock says the awards will release vital funding to allow development of inventions with commercial potential. O'SULLIVAN JOINS DAA AS ...
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Nobel winner questions EU experiment
EU bid and drop the previous coalition's goal of euro adoption.Prime Minister-elect Sigmundur Gunnlaugsson, whose Progressives won last month's vote together with the Independence Party, said he doesn't want to join a bloc in crisis as his own economy recovers.According to Mr Phelps, the decision is likely to spare Iceland many of the risks plaguing the EU. "We're still ...
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Halfords shares fall on dividend cut
Patricia Laya - 24 May 2013 Shares in Halfords, the car-repair and bicycle business which operates here and in the UK, fell the most on record after announcing a surprise dividend reduction to boost investment in training workers, revamping stores and improving its web ...
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Formula 1 offering hits bump after investigation
CVC Capital Partners 's plan to hold an initial public offering of Formula 1 may be hurt by a bribery investigation involving the car-racing series ...
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European regulator urges forcing big firms to reveal how much tax they pay
John O'Donnell - 24 May 2013 EUROPE'S top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax ...
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How new technology is changing the way we fly
Aer Lingus , among others, is in the final phase of testing on its new wifi service. Internet will soon be available on its long-haul aircraft and all of its short-haul routes should offer the facility by 2014.Technology is also changing the way we shop for flights. Consulting firm McKinsey recently estimated that online travel sales generate about $100bn (EUR77bn) annually, one-third of all ...
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Pump ESM funds into banks – Chopra
Governor of the Central Bank Patrick Honohan with former IMF mission chief for Ireland Ajai Chopra at the conference on bank-resolution mechanisms, held at the Institute of Bankers in Dublin's North Wall ...
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Markets post heavy losses amid slow growth fears
Thomas Molloy - 24 May 2013 Stock markets fell sharply yesterday as surprisingly weak data from China and Europe raised worries about slow growth a day after US Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that has buoyed investor ...
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UPDATE 2-BA plane makes Heathrow emergency landing after engine fire
Fri May 24, 2013 5:00am EDT LONDON May 24 (Reuters) - A British Airways plane travelling from London to Oslo was forced to make an emergency landing at Heathrow on Friday after a technical fault in an engine. "The BA762, Heathrow to Oslo service, returned back to Heathrow shortly after take-off due to a technical fault," BA parent company IAG said. The Airbus A319 aircraft was carrying ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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