Latest Europe News
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STOCKS NEWS EUROPE-Capita rises on organic growth upgrade
* 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 flatBy Kate Holton and Paul SandleLONDON, May 21 (Reuters) - Vodafone will reinvest ...
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Turkish poisoners of Russian tourists sentenced to 360 years
Two years after the scandal with the poisoning of Russian citizens in Turkey, a Turkish court announced the verdict on the case. Four defendants, who produced and sold low-quality alcohol, were sentenced to 90 years in prison. In addition, two owners of the yacht, where the poisoning occurred, and their employee, were sentenced to a seven years in prison. The news message about ...
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UPDATE 3-Vodafone keeps Verizon payout to make up for European slump
Tue May 21, 2013 6:52am 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 will reinvest a $3.2 billion dividend from its healthy U.S. arm to counter weakness in ...
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Seven Muslims Charged for Killing Buddhist Monk in Burma
A court in Burma has convicted seven Muslims for the killing of a Buddhist monk during deadly sectarian riots in a central town earlier this ...
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Wave of Violence Continues in Iraq
New attacks in three Iraqi cities have killed at least seven people and wounded more than 60 others. Officials say a suicide bombing followed by clashes between militants and Iraqi troops left three soldiers dead Tuesday in Tarmiyah, north of the capital, Baghdad. Farther north, two car bombs exploded in Tuz Khormato, killing three people, while car bombs in Kirkuk killed at least one ...
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Vodafone profit slumps on euro crisis
British mobile phone giant Vodafone says annual net profits tumbled 90 per cent after it took a vast STG7.7 billion ($A11.97 billion) impairment charge relating to its businesses in debt-laden eurozone nations Italy and Spain.Earnings after taxation nosedived to STG673 million in the group's financial year to the end of March, compared with STG7 billion in 2011-2012, Vodafone said in a ...
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Does France have right plan to revive its economy
Unionists employees of Arkema Kem One chemical company and employees of other petrochemical sites, burn flares as they block the Arkema plant in Marseille, southern France, Tuesday, May 14 , 2013. Kem One, the maker of vinyl products announced last July it may cuts jobs. CGT stands for General Work Confederation. (AP Photo/Claude ...
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Stability in the Caucasus is a priority of Russias foreign policy - FM
Both Azerbaijan and Armenia are our neighbours and stability in the Caucasus is a priority of the foreign policy of Russia. This was announced in Moscow by Russian Foreign Minister Sergei Lavrov during a joint press conference with his Azerbaijani counterpart Elmar ...
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FM explained way SMS for Russia given by Azerbaija in Eurovision distributed
Azerbaijani FM explained the way SMS for Russia given by Azerbaijan in Eurovision were distributed. During a joint press conference with his Russian counterpart Sergey Lavrov, Azerbaijani FM Elmar Mammadyarov answered the journalists’ questions regarding the incident related to the zero points from Azerbaijan to Russia during Eurovision 2013. According to Mammadyarov, when the points ...
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Young People Cast Out Of Italys Welfare System
In Italy, the youth jobless rate is nudging 40 percent, a record high in postwar history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union ...
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How the French economy compares to Germanys UKs
PARIS -- Here's how the struggling French economy stacks up compared to Germany's and Britain's.GROSS DOMESTIC PRODUCT (2012)France: 2 trillion euros ($2.7 trillion) Germany: 2.6 trillion euros ($3.3 trillion)Britain: 1.9 trillion euros ($2.4 trillion)MANUFACTURING AS A PERCENT OF GDP (2009)France: 10.7 percentGermany: 19.3 percentBritain: 11.0 percentGROWTH RATE (2012)France: ...
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European Society Of Human Genetics Urges Caution Over Use Of New Genetic Sequencing Techniques
The use of genome-wide analysis (GWA), where the entirety of an individual's DNA is examined to look for the genomic mutations or variants which can cause health problems is a massively useful technology for diagnosing disease. However, it can also pose major ethical problems if used incorrectly, say new recommendations from the European Society of Human Genetics (ESHG) published on line in ...
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Lavrov finds dynamics of Russia-Azerbaijan economic relations positive
MOSCOW, May 21 (Itar-Tass) - The dynamics of trade and economic relations between Russia and Azerbaijan is positive, Russian Foreign Minister Sergei Lavrov said after the negotiations with his Azerbaijani counterpart Elmar Mamedyarov here on ...
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Video Did Pope Francis ‘perform an exorcism’ last Sunday
The astonishing footage, taken immediately after Pentecostal mass last Sunday, shows the Pontiff approach the second of two wheelchair bound people, whose face is pixelled out.After a priest leans across the boy or young man to tell Francis something, the Pope's expression becomes more serious, the voice-over notes. He then grips the top of the subject's head firmly and is seen pushing ...
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UPDATE 1-Wealth fund trio to invest $500 mln each in Russias VTB
Tue May 21, 2013 6:18am EDT * Russian state bank raising $3.3 bln * Share sale to close by weekend * Loan book to grow 15-20 pct - CEO * Sees 2013 net profit at over 100 bln rbls LONDON, May 21 (Reuters) - Russia's second-largest bank VTB expects to close its $3.3 billion offering of new shares by the end of the week, with three sovereign wealth funds investing about $500 million each, ...
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Russia slams outrageous Eurovision vote
MOSCOW has reacted angrily as its neighbour Azerbaijan admitted its vote at the Eurovision Song Contest awarding no points to Russia's song appears to have been falsified. The scandal topped the agenda at a televised briefing between the countries' foreign ministers in Moscow, as Azerbaijan's top diplomat admitted that the votes submitted for Russia via mobile phone had somehow been ...
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Turkish Airlines says sorry for flights mix-up
Turkish Airlines has apologised to an American couple after they were flown to the wrong city - on different continents - when it mixed up the airport ...
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German bank borrowing from Bundesbank hits euro-era low
FRANKFURT | Tue May 21, 2013 6:10am EDT FRANKFURT May 21 (Reuters) - German banks borrowed less money from the Bundesbank as part of the European Central Bank's liquidity operations in April than ever before during the 13-year history of the euro, Bundesbank data showed on Tuesday. The Bundesbank's balance sheet, published in its May monthly report, showed that German banks took ...
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Swimming sites in Cyprus ranked cleanest in Europe
European Union 's best in the latest EU bathing report published on Tuesday. In contrast, Belgium, Britain and the Netherlands had the highest percentages of bathing sites that failed to meet EU standards in 2012, in part because torrential rains washed sewage into them. The trend overall was positive as 94 percent of beaches, lakes and rivers ...
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Spain gives Mourinho backhanded compliments
(1 hr 6 mins ago) Spain's press bid a caustic farewell Tuesday to self-anointed Special One Jose Mourinho, jeering his divisive three-tear reign at Real Madrid and his failure to win more silverware. "The Special End'' ran the front page headline of top-selling sports paper Marca, superimposed on a photograph of a football shirt being held up by Mourinho and club president ...
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Correction Cyprus-Breaking Barriers story
NICOSIA, Cyprus (AP) -- In a story April 27 marking the 10th anniversary of the breaching of the barriers carving up Cyprus, The Associated Press erroneously reported that Yiannis Maratheftis had written a book detailing his experiences. The book was about Maratheftis' experiences, but not written by him. It was written by Panikos ...
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Vodafone reports first ever fall in revenues as southern Europe slumps
Europe saw its takings there fall by almost 17%.With its finances under pressure, the British mobile phone giant said it would reinvest next month's 2.1bn dividend from US subsidiary Verizon Wireless in the business, rather than returning cash to shareholders.Overall revenues at the British mobile phone company fell by 4.2% to 44.4bn, marking the first such contraction in the company's ...
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Europe stock rally at risk as economy stays weak
Tue May 21, 2013 6:02am EDT * Central bank cash fuels index gains despite weak data * Rally defies earning downgrades, nasty data surprises * Market tolerance seen unlikely to last past year-end By Simon Jessop LONDON, May 21 (Reuters) - Central bank cash may not be enough to keep European stocks rising beyond the end of the year in the face of the region's weak company and economic ...
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Telefonica Vodafone hit by defections in Spain
Vodafone the biggest losers. In the first three months of the year more than 1.8 million consumers moved to another mobile company, data from telecoms regulator CMT showed on ...
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New Issue- Bosch prices 250 mln euro 2033 bond
Tue May 21, 2013 5:41am EDT May 21(Reuters) -Following are terms and conditions of a bond priced on Tuesday. Borrower Robert Bosch Issue Amount 250 million ...
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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