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Germany can't stop euro zone from sinking into longest recession
ReutersBRUSSELS/BERLIN (Reuters) - Germany's economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a sixth straight quarter, and France slid into recession. Falling output across the bloc meant...Tags: Italy, Career and Workplace, Austria, Spain, ING Group
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Market Chatter-Corporate finance press digest
ReutersMay 15 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday: * Actavis Inc received and rejected a takeover offer from Mylan Inc last week that valued the generic drugmaker at more than $15 billion, a person...Tags: Citigroup Incorporated, Finance, Real Estate Sellers, Economy, Business and Finance, China
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Divisions hamper Europe's plans to tackle failing banks
ReutersBRUSSELS (Reuters) - The European Central Bank clashed with Germany on Tuesday over how quickly the euro zone should complete a system to deal with failing banks. A separate rift also emerged at a European Union finance ministers meeting over whether...Tags: Angela Merkel, Politics, Finance, Parliament, Treaties
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REFILE-COLUMN - The growing Franco-German schism
Reuters(Corrects $246 million to $246 billion in paragraph 10) By Frederick Kempe May 13 (Reuters) - Occasionally a public opinion survey surfaces that signals a seismic event. That is the case with a new report from the Pew Research Center that measures the...Tags: Class Conflict, Angela Merkel, Trade Balance, Finance, Politics
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GLOBAL MARKETS-U.S. stocks power to record highs, dollar firm
Reuters* Wall Street shares resume rise on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index strengthens further as yen weakens * Oil prices dip; gold extends losing streak By Richard Leong NEW YORK, May 14 (Reuters) - Wall...Tags: Commodity Markets, Federal Reserve, Credit Ratings, Environmental Issues, Nikkei
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German woman covered for neo-Nazi murder gang, court hears
Reuters* Prosecutor says Beate Zschaepe a founder member of NSU neo-Nazi cell * Says she ensured an air of normality surrounded the group * Cell blamed for 10 murders in racist killing spree * Most high-profile trial in recent German history By Jörn...Tags: Social Issues, Murder, Racism, Prosecution
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GLOBAL MARKETS-U.S. stocks resume rise, dollar holds firm
Reuters* Wall Street shares power higher on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index edge up as yen weakens further * Oil prices dip; gold recovers from recent losses By Richard Leong NEW YORK, May 14 (Reuters) - Wall...Tags: Commodity Markets, Credit Ratings, Environmental Issues, Financial Markets, Lisle
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France passes reform to ease hire-and-fire rules
ReutersPARIS (Reuters) - The French parliament passed a landmark reform of the country's labor code on Tuesday, part of President Francois Hollande's efforts to convince European partners he is determined to revamp the euro zone's second largest economy....Tags: Laws, Career and Workplace, Employment Opportunities, Pension and Welfare, Unions
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The growing Franco-German schism
Reuters(Reuters) - Occasionally a public opinion survey surfaces that signals a seismic event. That is the case with a new report from the Pew Research Center that measures the widening tremors of a political earthquake now shaking Europe. Although the report...Tags: Class Conflict, Angela Merkel, Trade Balance, Finance, Politics
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Company earnings beats take European shares to new 5-yr high
Reuters* FTSEurofirst 300 up 0.5 pct to fresh 5-yr closing high * Euro STOXX 50, Germany's Dax also scale new closing peaks * Intesa Sanpaolo, Deutsche Post, EADS gain on profit beats By Francesco Canepa LONDON, May 14 (Reuters) - European shares stretched...Tags: Federal Reserve, Thomson Corporation, Weather, CNBC (tv network), Market and Exchange
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Europe pushes Switzerland to end bank secrecy
ReutersBRUSSELS (Reuters) - European Union finance ministers gave the green light on Tuesday to start talks with Switzerland and Liechtenstein about surrendering bank data, as Europe stepped up its fight against tax evasion. The move, described as 'historic' by...Tags: Swiss Confederation, Austria, International Organizations, Liechtenstein, Finance
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COLUMN - Scrambling for the immigrant elite
Reuters(John Lloyd is a Reuters columnist but his opinions are his own.) By John Lloyd May 14 (Reuters) - A new era has arrived in immigration. Many countries - the United States, the UK, France, Germany, the Netherlands - have for decades taken in poor...Tags: University of Oxford, Media Industry, Career and Workplace, U.S. Congress, Angela Merkel
May 15, 2013
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