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McDonalds joins forces with 136-year-old pasta firm in Italy
pasta maker Barilla have now joined forces to bring a touch of the Mediterranean to a Big Mac and fries.In a partnership that reflects the conflicting currents of the globalised food market, branches of McDonald's ...
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Life Under the KGBs Watchful Eye in 1980s Russia
A Russian policeman guards a protest rally in central Moscow October 30, 2005. (Sergei Karpukhin/Reuters) Last week, Russia expelled an American diplomat, accusing him of being a spy for the CIA. Russia's Federal Security Service (FSB) said that U.S. Embassy Third Secretary Ryan Fogle had been caught red-handed with disguises, spy equipment, and wads of cash, trying to recruit a Russian ...
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Sweden riots expose ugly side of Nordic model
1 of 2. Firefighters extinguish a burning car, following riots in the Stockholm suburb of Kista late May 21, 2013, in this picture provided by ...
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Fitch Euro MMFs Shift Towards Core European Supranationals and Secured Exposures
Fitch: Sub-Saharan Africa Has Gradual Upgrade Potential Fitch Ratings says in a newly-published report that targeted reforms and policy initiatives could see Sub-Saharan Africa's (SSA) sub-investment grade ratings gradually upgraded, despite per capita income falling well short of peers. The challenge for Africa from a rating perspective is the low level of GDP per capita - most SSA ...
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European markets at close 22.05.2013
Global stock markets slump Investors worldwide sold shares on Thursday after they were spooked by unexpected weakness in China's economy, with factory activity there falling in May. In addition business activity surveys for the same month showed the eurozone ...
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Frances Hollande says will protect interests in Niger
Francois Hollande said. "We will have the same will to co-operate (with Niger) to fight against terrorism and will also protect our interests," he told reporters. "Everybody should know that we will let nothing pass and support Niger's authorities to end the hostage taking and annihilate the group that carried out these attacks." Uranium extraction in Niger represents ...
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Russias top military officer skeptical about further nuclear arms cuts
Gen. Valery Gerasimov, the chief of the Russian military's General Staff, speaks during a security conference in Moscow, Russia, Thursday, May 23, 2013. The top Russian military officer has warned the West that Moscow reserves the right to take steps in response to the U.S.-led NATO missile defense plans for Europe if it sees it as a threat. (AP Photo/Mikhail ...
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France frustrated over Syria joins push to label Hezbollah a terrorist group
PARIS - France has joined the push for the European Union to declare the militant group Hezbollah a terrorist organization, switching tack amid frustration with Hezbollah's support for Syria's military. France's move could prove pivotal, after Germany joined a British effort to name Hezbollah terrorists this week. The U.S. has long pressured Europe add Hezbollah to its terrorist ...
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Tata Steel reports Q4 loss of Rs 6529 cr on Europe woes
Fifteen touch-screen smartphones to consider below Rs 15,000 Within the huge list, we take a look at fifteen touch-screen smartphones that have been ...
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Greece could earn more debt relief Eurozone chief
"Eurozone countries are prepared to do more if necessary to help Greece, on the condition that the programme is fully implemented," Dijsselbloem ...
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Apple Amazon Google targeted in European tax probe
Tim Cook, chief executive officer of Apple Inc., testifies at a Senate Permanent Subcommittee on Investigations hearing in Washington. European leaders on Wednesday met to discuss how global firms such as Apple Inc. and Google Inc. have managed to pay nearly no taxes on sales revenue generated on the continent, the Mercury News reports. The meeting took place as the U.S. Senate this week looked ...
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Il Sole 24 Ore underwrites 55-mln-euro securitisation of receivables
MILAN | Thu May 23, 2013 10:20am EDT MILAN May 23 (Reuters) - Italian publisher Il Sole 24 Ore , which publishes the country's leading business daily, said on Thursday it has underwritten a securitisation of trade receivables worth 55 million euros ($71 million). The transaction, the first of this kind in the Italian Media sector, will enhance the company's ability to access ...
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European money market funds face cash buffer rule - EU document
Thu May 23, 2013 10:13am EDT * EU readies first shadow banking reform * Some funds face cash buffer requirement * Funds could get time to build up buffer * Industry says buffer won't bolster financial stability By Huw Jones LONDON, May 23 (Reuters) - About half of the European Union's trillion euro money market funds would have to set aside a chunk of cash under a proposed EU reform to ...
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Socialists try to form new govt in Bulgaria
SOFIA, Bulgaria -; The Socialists, who finished second in Bulgaria's election this month, were asked to form a new government Thursday, after the front-running party was unable ...
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Asian European Stocks Plunge on Weak Chinese Factory Data
Japan's Nikkei stock index tumbled 7.3 percent after release of the report showing Chinese factory production dropped in May for the first time in seven months. It was the biggest one-day loss since Japan's March 2011 tsunami and nuclear disaster. Stocks in London, Paris and Frankfurt followed suit, dropping about 2 percent. U.S. future indexes fell ahead of the opening of ...
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Hamm on Wolfsburg-Lyon final Rapinoe
World record international scorer Mia Hamm will be at tonight's final at Stamford Bridge and expects a "hard-fought match" as she talked up Alex Popp and fellow American Megan ...
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Midfielder Odebrecht to miss out for Germany
Viola Odebrecht will miss Germany's UEFA Women's EURO 2013 campaign as she undergoes a knee operation, with 22-year-old Isabelle Linden being slated in as her ...
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Ferdinand stays on for 12th season at United
"It has been an incredible journey and I am glad it will continue," said former England defender Rio Ferdinand after signing a new one-year contract at Manchester United ...
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EU lawmakers back French push to limit U.S. trade talks
By Claire Davenport and Robin EmmottBRUSSELS (Reuters) - European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington.The European Parliament, which can veto EU trade accords, voted 460 in favour and 105 against with 28 abstentions to limit ...
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New Issue-EBRD prices 50 mln Turkish lira 2018 bond
Thu May 23, 2013 10:05am EDT May 23 (Reuters) -Following are terms and conditions of a bond priced on Thursday. Borrower European Bank for Reconstruction and ...
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Video European business falters eyes on ECB
The downturn across euro zone businesses has eased slightly but a dearth of new orders offers little hope for the second quarter. As ECB boss Mario Draghi prepares for a keynote speech in London many are asking whether it's time to do more than cut interest rates? Kirsty Basset ...
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El Salvador presses pope on Romero beatification
Pope Francis speaks with El Salvador's President Mauricio Funes as they stand in front of a reliquary containing a fragment of the vestment that archbishop Oscar Romero was wearing when he was assassinated, during a private audience at the Vatican Thursday, May 22, 2013. (AP Photo/Alessandro Bianchi, ...
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Russia wary of deeper nuclear arms cuts
Gen. Valery Gerasimov, the chief of the Russian military's General Staff, speaks during a security conference in Moscow, Russia, Thursday, May 23, 2013. The top Russian military officer has warned the West that Moscow reserves the right to take steps in response to the U.S.-led NATO missile defense plans for Europe if it sees it as a threat. (AP Photo/Mikhail ...
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European Commission in olive oil u-turn
The European Commission has decided to tear up new rules on how restaurants should serve olive oil less than a week after unveiling them. The move follows widespread ridicule and accusations of unwanted interference. Last week, the Commission said restaurants would be banned from serving oil to diners in refillable glass jugs or dipping bowls from next year. Instead, to protect consumers from ...
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Soul searching in Sweden Husby riots reveal profound failure
The riots that have broken out in recent days in the suburbs of Stockholm show that the many immigrants who live there have not been integrated. The fault lies with the government and the lack of political will to take action on education and ...
Europe Focus
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US nuclear missles in Europe remain poised for a war that will never come
The United States and Russia recently signed a new landmark nuclear non-proliferation treaty called START in March and the US in early May followed up its non-proliferation goals by making the unprecedented step of publicly declaring how many nuclear weapons it had – just over 5,113 in total, though many of them are in storage and would take time to be deployed.
That is a vast reduction compared to the total arsenal the country possessed at the height of the Cold War in 1967, the number at that time was 31,225, according to reports by European news media. Read more
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