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Falling food sales lead UK decline in April figures
Fergal O'Brien - 23 May 2013 RETAIL sales in the UK unexpectedly fell in April, led by the biggest drop in food sales for almost two years - something that is sure to worry food companies here in ...
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US-type house auction scheme could free our pillar banks from loans in less than year
Kingsley Greenland - 23 May 2013 How quickly could Ireland's 'pillar banks' be free of troubled home loans? If the experience of the US is a guide, the answer could be less than three ...
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Lagarde Faces Questioning Over Misuse of Public Funds
International Monetary Fund (IMF) Christine Lagarde has arrived at a French court where she is due to be questioned on Thursday over her involvement in an arbitration payment made to a billionaire supporter of former president Nikolas Sarkozy. The case revolves around a decision Lagarde made when she was French finance minister in 2007 to refer a long-running dispute between the French state and ...
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British PM seeks answers after brutal London attack
south London street . A dramatic clip filmed by an onlooker just minutes after Wednesday's killing showed a man with hands covered in blood shouting Islamic slogans and promising revenge ...
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Euro-zone PMI rises to three-month high
LONDON (MarketWatch) -- Private-sector activity in the 17-nation euro zone continued to shrink in May, albeit at a slower pace than in previous months, according to the preliminary Markit composite purchasing managers' index released on Thursday. The index rose to a three-month high of 47.7 from 46.9 in April, beating expectations, but still well below the 50-mark that separates expansion ...
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Ranbaxy shares dive over 9 on bourses after Daiichi Sankyo says misled over probes
The Japanese drug maker added that it continues to support Ranbaxy in its efforts to address and correct the conduct of the past which led to the ...
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Slovakia sets final terms on 5.5-year euro bond sale
By Davide Scigliuzzo Thu May 23, 2013 5:58am EDT LONDON, May 23 (IFR) - The Slovak Republic has closed books on its upcoming sale of a 5.5-year euro-denominated international bond, through which it is set to raise EUR1bn, according to market sources. The sovereign, rated A2/A/A+, has set the final spread on the issue at 65bp over mid-swaps, at the tight end of official guidance of 67bp area ...
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Brave woman tried to reason with London attackers
Police and forensic officers near the scene of an attack which has left one man confirmed dead and two people wounded near Woolwich barracks in London Wednesday, May, 22, 2013. Scotland Yard said officers responded to reports of an assault Wednesday afternoon in the London neighbourhood of Woolwich. London Ambulance service said one man was found dead at the scene and two other men were taken to ...
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Euro zone slump eases in May
The downturn across euro zone businesses eased slightly this month, although a lack of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed today. Markit's flash euro zone Services PMI, which surveys around 2,000 companies ranging from major banks to caterers, rose in May to 47.5, a three-month high, from 47 in April. While ...
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Putin finds it very important to pool efforts to ensure equal security in Euro-Atlantic space
MOSCOW, May 23 (Itar-Tass) - Russian President Vladimir Putin finds it very important to pool efforts of all countries and the expert community to ensure equal security and a joint strategy of the struggle against the threats and challenges emerging in the Euro-Atlantic ...
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Eurozone downturn in manufacturing services eases in May
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management ...
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Families remember young tornado victims
Plaza Towers Elementary School after a monstrous tornado raked across the building, leaving the one-story building a heap of bricks, broken concrete and twisted metal. In all 24 people were killed -- including 10 children -- when Monday's storm ravaged Moore and a slice ...
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Colorado killers reprieve sharply criticized
Religious leaders from Colorado, from left, Dr. Jim Ryan, Colorado Council of Churches, Dean Peter Eaton, St. John's Cathedral, Rabbi Steven Foster and Catholic Archbishop Samuel J. Aquila listen as Colorado Gov. John Hickenlooper announces at a news conference at the Capitol in Denver on Wednesday, May 22, 2013, that he was granting a temporary reprieve to Nathan Dunlap from his death ...
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Baku to take steps to bid to host UEFA Euro 2012
Azerbaijani President Ilham Aliyev has decreed to take measures related to nomination of Baku to host the European Football Championships in 2020. According ...
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Euro leagues could challenge Qatar 2022 in court
European football leagues could launch legal challenges if Qatar attempts to move the FIFA World Cup 2022 to winter, the head of Germany's top league has ...
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The euro posted a key reversal down on Wednesday
The EURO posted a key reversal down on Wednesday. The lowrange close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off May's high, April's low crossing is the next downside target. Closes above the ...
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Eurozone manufacturing and services PMIs in focus on Thursday
European stock indices are expected to open more than 1% lower this morning, after data showed China's manufacturing sector fell into contraction territory in May, following months of slowing growth. The HSBC manufacturing PMI released over night came in well below expectations at 49.6, raising further doubts about the recovery seen in China over the last six months. Falling demand in the ...
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Govt to announce €6.9m for 62 research projects
More than EUR6.9m is being allocated to 62 research projects, including the development of new drugs for cancer treatment.Minister for Research and Innovation, Sen Sherlock, will today announce Government funding for the projects through Science Foundation Ireland.It is expected the funding will allow the development of early discoveries and inventions with commercial potential.Director General ...
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Euro Credit Nikkei caranage heralds volatile session
European credit markets are opening sharply lower on the back of an extremely volatile overnight session in Asia. As of 0645GMT according to Tradeweb, the iTraxx Main index is 4bp wider at 91.5bp having tightened to another new S19 and 3yr plus generic low of 87bp on the close yesterday. The Crossover index is 17bp wider at 386bp having traded down to the S19 low of 367bp last night, a level ...
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Japanese climber 80 becomes oldest atop Mount Everest
KATHMANDU, NEPAL: An 80-year-old Japanese man became the oldest person to climb Everest breaking the record set by a Nepali who climbed Everest at the age of 76 in ...
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Irish online market spend worth €4.1 billion
Retail Ireland - part of employers group IBEC - says retailers are now focusing more on their online operations. In its online retailing survey, Retail Ireland says the Irish online market spend is €4.1 billion and this is predicted to grow to €21 billion by 2017. But it also says there are barriers to this expansion like delivery costs, set-up costs, poor broadband speeds and a lack ...
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Govt to announce €7m science research investment
Almost €7 million in funding for 62 early stage scientific research projects is to be announced by the Government. The funding is being targeted at projects which may have a commercial benefit with further development. The investment is being made as part of Science Foundation Ireland's Technology Innovation Development Award programme. It is also being carried out in collaboration ...
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Ohio rape investigation grand jury resumes work
COLUMBUS, Ohio - An eastern Ohio grand jury is resuming its examination of whether other laws were broken in the case of a 16-year-old girl raped by two high school football players.The panel in Steubenville was scheduled to start up Thursday after a three-week break while investigators went back to analyzing evidence and interviewing witnesses.The grand jury had met just three days before the ...
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Tectonic Plate Shift for Markets on Fed Fears
U.S. Federal Reserve may withdraw its bond buying sooner than expected, with one analyst calling this a seismic shift of tectonic plates for the ...
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US Core Market Still Under Pressure SABMiller CEO
Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under ...
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