Wednesday, June 19th, 2013

World

Greek bank rescue fund will have money left over

ATHENS (Reuters) - Greece's bank rescue fund will have as much as 7 billion euros $9.3 billion (5.9 billion pounds) left over after country's four big banks are recapitalized, the central bank governo...
June 12, 2013, 11:29 pm
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Boeing 787 grounding raised questions on FAA process - U.S. congressman

NEW YORK (Reuters) - Rick Larsen, the U.S. congressman who has Boeing Co's biggest factory in his district, said at a hearing on the 787 Dreamliner on Wednesday that the grounding of the ...
June 12, 2013, 10:42 pm

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Croatia's top insurer sees growth potential ahead of sale

By Igor Ilic
ZAGREB (Reuters) - Croatia's top insurer will not sacrifice profit margins as the price of expansion as looks to keep its dominant local position and strengthen its regiona...
June 12, 2013, 10:40 pm
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EADS backs off goal of $10 billion in U.S. revenues by 2020

By Andrea Shalal-Esa
WASHINGTON (Reuters) - European aerospace and defence company EADS likely will fail to meet its goal of generating $10 billion (6.3 billion pounds) i...
June 12, 2013, 10:36 pm

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Report warns G8 of stealthy surge in protectionism

By Tom Miles
GENEVA (Reuters) - Major economies competing to restore export-led growth are stealthily imposing more protectionist measures than at any time since the financial crisis be...
June 12, 2013, 10:36 pm

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Deutsche Telekom closes in on Poland's GTS buy - sources

WARSAW (Reuters) - Deutsche Telekom AG (DT) is close to finishing due diligence on a possible bid for Poland-based GTS Central Europe, part of efforts to strengthen its regional posit...
June 12, 2013, 10:35 pm
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U.S. CEOs slightly more optimistic on economy, hiring - survey

(Reuters) - U.S. chief executives expect to hire more workers in the next six months and for sales to improve modestly, a tepid if slightly optimistic reading on the U.S. economy, a Business Roundtabl...
June 12, 2013, 10:31 pm
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Italy PM says favours international alliance for Alitalia

ROME (Reuters) - Italian Prime Minister Enrico Letta said on Wednesday he was in favour of a broad international alliance for flagship Italian airline Alitalia.
Letta told reporters in ...
June 12, 2013, 9:47 pm

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Hedge fund lobby group CEO to step down

LONDON (Reuters) - The chief executive of hedge fund lobby the Alternative Investment Management Association, Andrew Baker, will step down at the end of 2013, AIMA said on Wednesday.
Ba...
June 12, 2013, 9:45 pm
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VW bond sale not preparing for more takeovers - sources

By Jan Schwartz and Andreas Cremer
BERLIN (Reuters) - Volkswagen AG's second bond sale in seven months aims to bolster finances strained by takeovers, rather than read...
June 12, 2013, 9:43 pm

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Russian protesters march as Putin seeks firmer political footing

By Gabriela Baczynska and Alexei Anishchuk
MOSCOW (Reuters) - Thousands of Russians marched through Moscow demanding Vladimir Putin resign on Wednesday, as the president took the helm o...
June 12, 2013, 9:36 pm

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Italian retailers jeer minister over sales tax

ROME (Reuters) - Delegates at a retail conference in Rome jeered Italian Industry Minister Flavio Zanonato on Wednesday after he said he was unsure if the government would be able to fulfil its aim of...
June 12, 2013, 9:35 pm
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France clips wings of "chick" entrepreneurs

By Natalie Huet
PARIS (Reuters) - France trimmed tax breaks and other advantages for small entrepreneurs on Wednesday, saying the benefits introduced under former President Nicolas Sark...
June 12, 2013, 9:34 pm
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Lenders' quarrels undermine trust in Portugal, says leader

LISBON (Reuters) - Quarrelling between the EU and IMF is damaging investor confidence in Portugal and Ireland, and the countries' sacrifices merit better coordination from their international lenders,...
June 12, 2013, 9:27 pm

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Severn Trent deal blow hits "merger arb" funds

By Tommy Wilkes and Anjuli Davies
LONDON (Reuters) - Hedge funds that bet Severn Trent would agree to a Canadian-led takeover are reeling from losses after the water company refused to ...
June 12, 2013, 9:24 pm

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Portugal settles with JP Morgan over hedging contracts

LISBON (Reuters) - Portugal has reached an agreement with JP Morgan in a row over costly interest rate hedging contracts sold to state companies, the finance ministry said on Wednesday. ...
June 12, 2013, 9:22 pm
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Analysis - FX intervention default policy in Asia as Fed fears rise

By Vidya Ranganathan
SINGAPORE (Reuters) - Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but hi...
June 12, 2013, 9:21 pm

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Irish PM says received letters in blood over planned abortion law

By Padraic Halpin
DUBLIN (Reuters) - Ireland's prime minister said he had been sent letters written in blood and been branded a murderer by opponents of his government's plans to allow ...
June 12, 2013, 9:21 pm

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Taiwan to implement tough law against drink-driving

TAIPEI (AFP) - Taiwan will Thursday implement what it calls one of the world's toughest laws against drink-driving following a public outcry over deaths caused by drunken motorists.
June 12, 2013, 9:20 pm

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Audi ramps up Hungarian production in boost to economy

By Gergely Szakacs
GYOR, Hungary (Reuters) - German carmaker Audi launched production on Wednesday at a 900 million euro (765.8 million pounds) plant in Hungary, givin...
June 12, 2013, 9:19 pm

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