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Euro shares surge pauses amid fears of US pullback on stimulus

Source: Irish Independent  |   May 21 2013, 3:46am CDT

European shares fell from multi-year highs this morning, with the UK market having hit a near 13-year peak this week, as concerns over a possible end to central bank stimulus measures halted the equity rally. Still, most tra ...

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Today in the press

Source: RTE Interactive  |   May 21 2013, 3:30am CDT

DIRECTORS AGREE 10% CUT IN FEES AT PERMANENT TSB - The chairman of Permanent TSB and the bank’s non-executive directors are to take a 10% cut in their annual fees, from June 1st, as the bank seeks to achieve an 8% ...

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Latest stories

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Monday's Revolution played out like a murder mystery, ending on one heck of a (potentially deadly) cliff-hanger. Who betrayed their friends? Who might be dead? Get the answers to the five biggest burning questions. [...
 
 

European shares slip from five-year highs

Source: Sify  |   May 21 2013, 3:07am CDT

LONDON, May 21 (Reuters) - European shares edged back on Tuesday from five-year highs, with some traders citing concerns over a possible end to central bank stimulus measures which have led a global equity market rally this year. The pan-European FTS ...

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Vodafone says annual profit slumps 90% on euro zone woes

Source: Straits Times  |   May 21 2013, 2:19am CDT

Pedestrian pass a Vodafone store in London, on Sunday, Nov 9, 2003. British mobile phone giant Vodafone said on Tuesday that annual net profits tumbled 90 per cent after it took a vast 7.7 billion pound (S$14.7 billion) impairment charge relating to ...

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Darty revenue falls, market share in France improves

Source: Reuters  |   May 21 2013, 2:13am CDT

* Fall in like-for-like revenues in three months ended April * Darty France outperformed the market for the quarter * Profit before tax for the year in line with expectations LONDON, May 21 (Reuters) - Darty Plc reported a fall in like ...

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EU finds time to tell restaurants how to serve olive oil

Source: Independent Online (South Africa)  |   May 21 2013, 1:37am CDT

Critics ridiculed EU bureaucrats on Saturday for taking time off fighting the euro zone’s debt crisis to impose strict new rules on how restaurants serve olive oil. From January 1 next year, eateries will be banned ...

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RANsquawk - DAILY EUROPEAN OPENING NEWS 21/05/13

Source: CME Group  |   May 21 2013, 12:53am CDT

Japanese Economic Minister Amari said he cannot say when correction from strong JPY will end. (Newswires) he added that he hopes market finds balance on exchange rate and that it may be hard to lower corporate taxation due to fiscal position. ...

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Tough oil market forces trading firms in Asia to cut jobs, reshape

Source: Sify  |   May 21 2013, 12:51am CDT

Trafigura and Hetco declined to comment. Noble, Lukoil, Arcadia and Gunvor did not respond to requests for comment. Traders dealing with middle distillates are the hardest hit as a key revenue spinner - the arbitrage window t ...

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