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Britains FTSE slips as BoE highlights QE conundrum
* FTSE closes down 0.4 pct at 6,348.82* Bernanke news conference due at 1800 GMT* BT slides as CEO steps down* Vodafone drops on talk it may bid $10 bln for Kabel* BAE Systems boosted by EADs tie-up chatterBy David BrettLONDON, June 19 (Reuters) - UK equities closed ...
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Womens EURO referee workshop
Women referees and assistants have been preparing for UEFA Women's EURO 2013 at a Nyon workshop, part of UEFA's drive to help female referees progress in step with the ...
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Police at Patriots tight ends home for 2nd day
Steven Senne, File | AP Photo FILE - In this Dec. 10, 2012 file photo, New England Patriots tight end Aaron Hernandez (81) holds his helmet as he steps onto the field before an NFL football game between the New England Patriots and the Houston Texans in Foxborough, Mass. State and local police spent hours at the home of Hernandez on Tuesday, June 18, 2013 as another group of officers searched ...
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Mens Wearhouse ousts founder pitchman Zimmer
FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from ...
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Germany agrees financing of 8 billion euro flood aid fund
BERLIN (Reuters) - Germany has agreed the financing of an 8-billion euro (6.8 billion pounds) fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday. The federal government at the outset will itself raise the full amount for the so-called "reconstruction aid" fund because ...
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Cyprus deal stands - eurozone officials
Government Spending After receiving a letter from Cypriot President Nicos Anastasiades asking to reconsider the bail-in, three senior eurozone officials confirmed they do not intend to change their course. On Tuesday Anastasidades wrote to EU officials asking if the terms of the bailout could be changed: "It is my humble submission that the bail-in was implemented without careful ...
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FBI hunt for ex-Teamster boss Hoffas remains ends
Wednesday, June 19, 2013 and announced the FBI was ending the search operations for the remains of Teamsters union president Jimmy Hoffa who disappeared from a Detroit-area restaurant in 1975. (AP Photo/Carlos ...
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Goodbye the money-launderers choice €200 note to be taken out of UK circulation
Eurotrash mourn. The EUR200 note - the cash of choice for casino high-rollers, the ostentatiously rich and drug dealers with very small hiding places to fill - is set to be taken out of circulation in ...
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Aviva sets out plans for European business
Aviva is set to transform its European business by taking full advantage of the growth opportunities presented in the area, and will be integrating its businesses across Europe. In a review of its current presence in Europe, Aviva recognised that the European market offers strong growth potential, with the region’s personal financial assets standing at €40trn, and an ...
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Pension funds add €25bn to portfolios
Positive revaluation of investments and favourable price movements of financial assets have added €25bn in value to Dutch pension funds’ investment portfolios in the second quarter of 2009, according to De Nederlandsche Bank (DNB). The investment portfolios now stand at €560bn in value. Shares recorded the highest price gains, at €16bn, and revaluations of bonds ...
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EC alternatives directive could land funds with €25million bill
The European Commission’s draft directive on Alternative Investment Fund Managers could cost the pension fund industry up to €25bn a year if it is put into place in its current form, warns the Alternative Investment Management Association (AIMA). Europe’s pension funds would be landed with the bill if the alternative assets they have increasingly invested in over the last ...
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16 dead Militants infiltrate UNs Somalia office
Somali men and a policeman carry a government soldier wounded during an attack on the U.N. compound in Mogadishu, Somalia Wednesday, June 19, 2013. Al-Qaida-linked militants detonated multiple bomb blasts and engaged in ongoing battles with security forces in an attempt to breach the main U.N. compound in Mogadishu, officials said Wednesday. (AP Photo/Farah Abdi ...
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Iceland informal talks about Snowden asylum
A banner supporting Edward Snowden, a former CIA employee who leaked top-secret documents about sweeping U.S. surveillance programs, is displayed at Central, Hong Kong's business district, Wednesday, June 19, 2013. U.S. President Barack Obama defended top secret National Security Agency spying programs as legal in a lengthy interview, and called them transparent - even though they are ...
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Alcatel Lucent aims Euro 7 billion revenues by 2015
NEW DELHI: French telecom firm Alcatel Lucent today announced a transition plan under which it aims to generate revenues of over 7 billion euros by 2015 from its core networking business. "Under The Shift Plan, Alcatel-Lucent is planning to grow its revenues in core networking by more than 15 per ...
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The FBI has shot 150 Americans -- all justified -- since 1993
shot and killed Ibragim Todashev in May, while agents were questioning him about his connection to alleged Boston Marathon bomber Tamerlan Tsarnaev, the bureau pledged to investigate ...
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TWA Flight 800 crash story untrue investigators claim
The reconstruction of TWA Flight 800's fuselage (Daniel Brooks/Epix) The producers of an upcoming documentary on TWA Flight 800--which exploded and crashed into the waters off of Long Island on July 17, 1996, killing all 230 people on board--claim to have proof that an explosion outside the Paris-bound flight caused the crash. And six former investigators who took part in the ...
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2 SAfrican deminers killed in Mogadishu attack
View Photo Associated Press/Farah Abdi Warsameh - Somali government soldiers gather in front of the main U.N. compound, following an attack on it in Mogadishu, Somalia Wednesday, June 19, 2013. Al-Qaida-linked ...
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Obama renews call for nuclear reductions
View Photo Associated Press/Evan Vucci - President Barack Obama listens to French President Francois Hollande during the G-8 summit at the Lough Erne golf resort in Enniskillen, Northern Ireland, Tuesday, June 18, ...
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Euro zone doomed to slow growth without painful reforms
Kerala is not a success of socialism. It is a success of globalisation, private provision of education and health, and rapid economic growth - along with the associated high inequality. And high ...
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New Issue-Dong Energy prices 700 mln euro 3013 bond
June 19 | Wed Jun 19, 2013 10:42am EDT June 19 (Reuters) -Following are terms and conditions of a bond priced on Wednesday. Borrower Dong Energy A/S Issue Amount 700 million ...
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Number of female executives at FTSE 100 companies is falling despite efforts to boost women in industry
The numbers of female executives in business and industry are falling despite efforts to boost the representation of women in senior positions in large companies, ministers were warned ...
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Afghan leader backs away from Taliban talks
View Photo Associated Press/Nisar Ahmad - Afghan police carry an injured Taliban fighter, who was captured after an overnight clash with Afghan police in Jalalabad, in the eastern province of Nangrahar, east of ...
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Construction outlays rise in Europe
Construction spending rose modestly in the eurozone from March to April, the European Union's statistical office Eurostat said Wednesday. Spending rose 2 percent in the 17-member currency region and 0.9 percent in the 27-member European Union, Eurostat said. With the economy in a prolonged recession in Europe, construction spending had been on a five-month decline. In March, in a revised ...
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iShares fixed income fund hits €2bn
iShares has announced that investor demand for its iShares € Corporate Bond fund has surpassed €2bn in assets under management (AUM). The fund, a fixed income fund which provides exposure to Euro denominated investment grade corporate bonds, aims to track the Markit iBoxx Euro Liquid Corporates index, which has exposure to industries and a market capitalisation of over ...
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Dutch pension funds receive €4.9bn in dividends over 11 months
Between April 2007 and March 2008, Dutch pension funds are reported as having received €4.9bn in dividends on quoted shares, according to De Nederlandsche Bank. Pension fund holdings of these quoted shares averaged at €195bn in that period, which excluded quoted shares held through mutual funds. The Bank said that dividend income is used for two things, either as a major ...
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