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German economy to pick up but slowly
Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and investment. There are homegrown problems too. What hue of government will result from September elections is ...
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FOREX-Euro gains after strong German Ifo yen firms
* Euro gains as better Ifo makes ECB easing less likely * German Ifo business climate survey well above forecasts * Yen stays firm versus dollar after strong gains Thursday By Jessica Mortimer LONDON, May 24 (Reuters) - The euro rose against the dollar on Friday after a German business sentiment ...
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Terry McAuliffe’s brother goes from conservative activist to Democrat
Left to right: Joseph McAuliffe, Bill Clinton and Terry McAuliffe. (Facebook.com) Terry McAuliffe, a Democratic operative embroiled in a tight race to become Virginia's next governor, knows a thing or two about conservatives like his Republican opponent, Virginia Attorney General Ken Cuccinelli. That's in part because his older brother, Joseph McAuliffe, spent two decades as a ...
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Exiled cleric who taught UK knifeman praises courage
By Dominic Evans TRIPOLI, Lebanon (Reuters) - A Syrian-born Islamist cleric who taught one of the attackers accused of hacking to death an off-duty British soldier on a London street praised the attack for its "courage" and said Muslims would see it as a strike on a military target. In an interview in Tripoli, northern Lebanon, where he has lived since being banished from Britain ...
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Durable goods orders rise point to factory sector resilience
WASHINGTON (Reuters) - Orders for long-lasting manufactured goods rose more than expected in April, a sign of resilience in the factory sector despite belt-tightening in Washington and weakness in overseas ...
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Videos Washington bridge collapse survivor You hold on
Zoom In this photo provided by Francisco Rodriguez, rescue workers form a human chain as they begin to remove a woman who reaches out from a smashed pickup truck that fell into the Skagit River after the collapse of the Interstate 5 bridgeThursday, May 23, 2013, in Mount Vernon, Wash. (AP Photo/Francisco ...
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Europes Largest Economy Picking Up Steam
German business morale rose far more than expected in May, rebounding after two consecutive falls and suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter. The Munich-based Ifo think tank said on Friday its business climate index, based on a monthly survey of some 7,000 firms, rose to 105.7 in May from 104.4 in April. That compared with a ...
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Strong earthquake hits Russias Far East
Russian Academy of Sciences , told The Associated Press the epicenter was in the Sea of Okhotsk, east of the Russian coast and north of Japan. She said the quake registered 8.0 on the Richter scale. ...
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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 ...
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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