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Oct 22, 2011

EUROPE News, Oct 22, 2011


Europe faces a summit strikeout
Washington Post
BRUSSELS — European leaders have fought for two years to return their financial markets to normal, confronting a debt crisis that could ultimately imperil the common euro currency. But the deepening travail has revealed that what was thought normal is ...
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The three main parties have reneged on promises of an EU referendum
Telegraph.co.uk
SIR – People have been urging a vote on Europe for a generation now. In 2005, Labour promised a referendum on the EU constitution; in 2009, the Conservatives promised a referendum on the Lisbon Treaty; in 2010, the Liberal Democrats promised a ...
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Europe launches its bid to compete with U.S. GPS system
Reuters
By Francesco Guarascio KOUROU, French Guiana (Reuters) - Europe launched the first satellites in its Galileo global navigation system on Friday, a first step toward creating a network the European Union hopes will eventually rival the US-run GPS system ...
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Osborne warns of Euro crisis risks
The Press Association
Britain and the rest of Europe needs a long-term solution to the economic crisis and an end to "short-term" measures, Chancellor George Osborne has warned. Joining fellow EU finance ministers in Brussels at the start of a series of meetings and summits ...
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With Europe still unsettled, another worry has surfaced: rising inflation
Montreal Gazette
By JAY BRYAN, The Gazette October 22, 2011 4:09 AM Inflation is hardly the toppriority item for the world's leaders at a time when Europe faces a financial meltdown and the US economy seems mired in a period of feeble expansion. ...
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Europe Hijacks Investor Focus-The Countdown Is On
CNBC.com
Headlines from Europe will once more hijack investor focus in the coming week. There are some major US economic reports, and it's the biggest week of the quarterly earnings reporting season, with 193 companies, nearly 40 percent of the S&P 500 ...
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CNBC.com
S&P Did Its Own Stress Test For Europe, And It Looks Pretty Grim
Business Insider
Standard & Poor's GlobalRatings team has updated its own Europeansovereign stress tests, and the results aren't pretty. In fact, if Europe as a whole stops growing or if Spain and Italy need a bunch of help from the EU and IMF, everyone looks sunk. ...
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Business Insider
EARNINGS PREVIEW: Macro Turmoil Sends Volume Sky-High In US Exchanges 3Q
Wall Street Journal
By Mia Lamar and Jacob Bunge Of DOW JONES NEWSWIRES TAKING THE PULSE: An unprecedented downgrade of the US credit rating in August, heightened worries over a sovereign debt crisis in Europe and a host of other macroeconomic challenges sent trading ...
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U.S. stocks catch Europe, McDonald's optimism
MarketWatch
By MarketWatch US stocks rally Friday, taking cues from Europe, where a dose of optimism ahead of this weekend's summit sent bank stocks higher, and results from McDonald's Corp. See full story. A roundup of the latest corporate earnings reports and...
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Canada Dollar Gains for Third Week on Europe Debt Plan Optimism
BusinessWeek
By Frederic Tomesco Oct. 22 (Bloomberg) -- Canada's dollar reached its strongest level this month amid growing optimism that European Union leaders will make headway in containing the region's debt crisis, bolstering demand for riskier assets. ...
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Tiffany Expands Into Eastern Europe, To Open Store In Prague
Wall Street Journal
(TIF) said it plans to open a store in Prague next summer, marking the luxury retailer's first location in Eastern Europe. "The opening of our first store in Eastern Europe marks a significant strategic move for Tiffany, as we further develop and grow ...
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EU Weighs New Fund to Attract Outside Money to Fight Crisis
Bloomberg
Europe's room for maneuver narrowed yesterday with a report that Greece's economy is deteriorating, piling on more pressure to build a stronger anti-crisis firewall by a self-imposed Oct. 26 deadline. Stocks and the euro rallied yesterday on signs that ...
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French bid to leverage rescue fund via ECB ruled out
AFP
IMF managing director Christine Lagarde said on Friday of the broader crisis response sought from back-to-back summits on Sunday and Wednesday next week that the Washington-based global lender of last resort "will do all it can" to help Europe find a ...
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AFP
HNR 10/21: WSOP Europe Main Event Champ and Lookback; Full Tilt Updates
PartTimePoker News
The WSOP Europe crowns a champion and a look back at Cannes, and some Full Tilt Poker updates. It's all in today's edition of the PTP Hit and Run. WSOPE: An American Elio Fox, took down the title, beating Chris Moorman heads up for the title. ...
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PartTimePoker News
Europe to unlock €5.8bn loan for Greece
RTE.ie
Europe has agreed to pay the next tranche of Greece's bailout loan but warned banks they may have to accept big losses on existing Greek debt. Europe threw debt-wracked Greece a short-term cash lifeline this evening but warned banks they may have no ...
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Asian stocks fall as Europe debt crisis lumbers on
eTaiwan News
AP Asian stock markets headed lower Friday as European leaders haggled over a strategy to deal conclusively with the continent's debt crisis. Oil prices hovered above $86 per barrel and the dollar was lower against the euro and the yen. ...
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Brown on Europe Debt Crisis: Political Capital With Al Hunt
Washington Post
Oct. 21 (Bloomberg) -- Former British Prime Minister Gordon Brown talks with Bloomberg's Al Hunt about Europe's sovereign debt crisis and the Occupy Wall Street protests. Bloomberg's Julianna Goldman and Lisa Lerer report on the Oct. 18 Republican...
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Bovespa Index Futures Rise as Europe Optimism Lifts Petrobras
BusinessWeek
By Alexander Cuadros Oct. 21 (Bloomberg) -- Bovespa futures rose, indicating the stock index may pare its fourth weekly decline in five, as prospects for a deal to containEurope's debt crisis lifted commodity prices. Petroleo Brasileiro SA, Brazil's ...
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BASE METALS: Copper Rebounds On Hopes Of EU Rescue Fund Deal
Wall Street Journal
Copper futures have been kept hostage by developments in Europe, as fears of aEuropean summit delay sent prices down more than 6% in Thursday trade while hopes of a resolution prompted Friday's bounce. European leaders are due to meet in Brussels over ...
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Treasury 10-Year Notes Advance for First Time in Month Before Debt Summits
Bloomberg
European finance ministers began a six-day negotiation yesterday aimed at preventing a Greek default and shielding banks. “We've gone from headline to headline in Europe,” Thomas Roth, senior Treasury trader in New York at Mitsubishi UFJ Securities USA ...
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Rupee Leads Declines as Asian Currencies Slide on Faltering Growth, Europe
Bloomberg
30, before Europe's finance ministers meet in Brussels tomorrow. The rupee fell past 50 per dollar for the first time since 2009. “Growth outlook has weakened and inflation remains stubbornly high” in the region, said Jonathan Cavenagh, ...
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Novartis, J&J Face EU Antitrust Investigation
Wall Street Journal
By JEANNE WHALEN Widening its long-running antitrust probe of the pharmaceutical industry, the European Commission said it is investigating Johnson & Johnson and Novartis AG's generic-drug unit for possibly colluding to keep a generic painkiller off ...
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S&P 500 Caps Longest Weekly Gain Since February on Europe Bets
San Francisco Chronicle
Oct. 21 (Bloomberg) -- US stocks advanced, giving the Standard & Poor's 500 Index its longest weekly rally since February, amid speculation of an agreement to containEurope's debt crisis and further Federal Reserve stimulus. Morgan Stanley and Wells ...
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Asia Stocks See Biggest Weekly Drop in Month Before Europe Meet
BusinessWeek
By Kana Nishizawa and Yoshiaki Nohara Oct. 22 (Bloomberg) -- Asian stocks saw their biggest weekly decline in a month after Germany said there would be no quick fix to theEuropean debt crisis ahead of a regional summit this weekend. ...
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US Corporate Bond Sales Slide as Europe Crisis Deters Issuers
BusinessWeek
By Joseph Ciolli Oct. 21 (Bloomberg) -- Corporate bond offerings in the US declined, falling short of the 2011 average for the fifth straight week as borrowers withdrew from the market while European leaders struggled to resolve their debt crisis. ...
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'High-class terrorists running US, UK and France' — RT
By RT
As some European leaders demonstrate a celebratory mood over the violent death of Colonel Gaddafi, they are no less terrorists themselves, claims international consultant and author Adrian Salbuchi.
News RSS : Today
Sweet, Sweet Starhawk BETA News! – PlayStation.Blog.Europe
By Dylan Jobe
Boy, do I have some exciting news to share with all of our Warhawk fans today, but first, let me serve you all some delicious hors d'oeuvres de internets! We were so happy with the response to Starhawk at PAX that the SCEA marketing ...
PlayStation.Blog.Europe
Court convicts 5 Tamils of fundraising for Tigers - Europe news
A Dutch court convicted five ethnic Tamils on Friday for raising illegal funds for the Sri Lankan rebel group Tamil Tigers,...
Mail.com: International
N-Europe: News: Two More 3D Classics Announced
Nintendo has been on a bit of 3DS-shaped roll today, and the news continues to funnel in. Two 'new' games were separately confirmed to be getting their own 3D Classics re-release on the eShop. Nintendo of Europe were the ones to confirm ...
N-Europe
Franc Continues to Profit from Troubles in Europe — Forex News
By NewsInspector
One of the important considerations is the European Financial Stability Facility. The changes that may be made to the bailout fund can have a great impact on the state of the European economy, but can the politician find consensus on this ...
Forex News
The Closing Bell | Stocks strong on earnings, European news ...
A broad rally swept through the stock market Friday after McDonald's and several other large companies reported solid earnings, and European leaders reported progress on Greek's debt crisis. The Standard & Poor's 500 index closed higher ...
KansasCity.com: Front Page
Europe Hijacks Investor Focus—The Countdown Is On - US ...
"There's a lot of news next week. There's earnings, and there's Europe. There's a bunch of economic data points. There's a lot to move the market one way or another next week, but at the end of the day, Europe is going to be the primary driver ...
CNBC Top News and Analysis
Technology Strategy Board | News | Latest News | Europe's first ...
The first pair of satellites for Europe's Galileo global navigation satellite system has been lofted into orbit today by the first Russian Soyuz vehicle ever launched from Europe'sSpaceport in French Guiana.
Technology Strategy Board - News
Russia to become Europe's largest internet market News
By Staff
Russia to become Europe's largest internet market. Moscow, Oct 22 (IANS/RIA Novosti) Russia will soon become the largest internet market in Europe, the country's communications minister has said. 'Today we are Europe's second largest ...
News One
Darren Aronofsky's Noah graphic novel available in Europe | Robot ...
By Chris Arrant
News coming out of Europe shows that the director's done more than just talked about it, he's done it. /Film has the scoop that French publisher Le Lombard has released the first graphic novel in the series, titled Noe. This 72 page book is on ...
Robot 6 @ Comic Book Resources...
Europe faces a summit strikeout
BRUSSELS — European leaders have fought for two years to return their financial markets to normal, confronting a debt crisis that could ultimately imperil ...
www.washingtonpost.com/...a.../gIQANUTb4L_story.html
LEDs Magazine - SIL Europe news: LED market, Lemnis and Ikea ...
At the recent Strategies in Light Europe conference, Strategies Unlimited provided its latest market update, Lemnis Lighting discussed a deal to supply LED ...
www.ledsmagazine.com/news/8/10/10
How Europe can stave off a crisis
It was said of European monarchs of a century ago that they learned nothing and forgot nothing. For three years, as a Greek debt problem has morphed into a ...
www.reuters.com/article/2011/10/.../idUS4015033289201110...
Turkey and Europe: An uncertain path | EuropeNews
Faltering membership talks are reducing the European Union's influence WITH Turkey vaunting itself as a model for the Arab world, the tendency is to see its ...
europenews.dk/en/node/48604
Treasurys rise on weaker economic, Europe news - Yahoo! News
Read 'Treasurys rise on weaker economic, Europe news' on Yahoo! News. U.S. Treasury prices rose Wednesday after a weak economic report from the Federal ...
news.yahoo.com/treasurys-rise-weaker-economic-europe-news...
Global hotel pulse: Europe news
HotelNewsNow.com each week features a news roundup from a different region of the world. Today's review covers Europe. STR Global reports August hotel ...
www.hotelnewsnow.com/.../Global-hotel-pulse-Europe-news
News International Knew of Broader Hacking in 2008, Lawmakers ...
Julian Pike, a lawyer who acted for the tabloid The News of the World, said he knew the company's claim that the practice was limited to one “rogue reporter” ...
www.nytimes.com/.../julian-pike-a-lawyer-tells-british-lawmak...
BBC News - Europe's first Galileo satellites lift off
The first satellites for Galileo - Europe's GPS - are launched from French Guiana on a Soyuz rocket.
www.bbc.co.uk/news/science-environment-15372540
Dow up 330 on Europe news - Omaha.com
Dow up 330 on Europe news. Premium Content Premium ContentClick on Premium Content on the Featured navigation bar for information. Can workers vent on ...
www.omaha.com/article/20111010/NEWS/111019984
Rocksmith delayed in Europe News - - Page 1 | Eurogamer.net
Rocksmith, Ubisoft's music guitar game, has been delayed in Europe to 2012. In a post on the Rocksmith Facebook page, Ubisoft blamed the delay on music lic.
www.eurogamer.net/.../2011-10-12-rocksmith-delayed-in-eur...

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