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News- Global stocks, bond prices drop as Fed points to reduced bond buying June 19, 2013NEW YORK (Reuters) - Stocks tumbled and benchmark Treasury bond yields rose to levels not seen since March 2012 on Wednesday after Ben Bernanke laid out a blueprint for the wind-down of the Federal Reserve's bond-buying program that has bolstered risky assets.Related StoriesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely t […]
- Britain to start sale of Lloyds soon, review RBS split June 19, 2013LONDON (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Chancellor George Osborne said, admitting the re-privatisation of RBS remains a long way off.Related StoriesExclusive - Forest mulls bid for Irish drugmaker Elan: sourcesIreland to put off sale of Aer Lingus sta […]
- Bernanke says Fed likely to reduce stimulus this year June 19, 2013WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year.Related StoriesExclusive - Forest mulls bid for Irish drugmaker Elan: sourcesIreland to put off sale of Aer Lingus stake - ministerRCS Mediagrou […]
- Exclusive - Forest mulls bid for Irish drugmaker Elan: sources June 19, 2013NEW YORK (Reuters) - Forest Laboratories Inc , the specialty drugmaker that counts investor Carl Icahn as a major shareholder, is among a handful of companies interested in bidding for Irish drugmaker Elan Corp Plc , two people familiar with the situation said.Related StoriesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely to re […]
- Bank of England's King makes last call for more stimulus, bank reform June 19, 2013LONDON (Reuters) - Britain's economic recovery is not yet secure and more needs to be done to ensure the country's banks no longer pose a threat to taxpayers, Bank of England Governor Mervyn King said in his final speech on Wednesday.Related StoriesExclusive - Forest mulls bid for Irish drugmaker Elan: sourcesIreland to put off sale of Aer Lingus s […]
- RCS Mediagroup accepts offer from PRS for magazines June 19, 2013MILAN (Reuters) - Italian publisher RCS Mediagroup said on Wednesday it accepted an offer from PRS Srl to buy 14 magazines it had put up for sale as part of a restructuring plan.Related StoriesExclusive - Forest mulls bid for Irish drugmaker Elan: sourcesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely to reduce stimulus this ye […]
- FTSE slips as BoE highlights QE conundrum June 19, 2013LONDON (Reuters) - UK equities closed slightly lower on Wednesday as investors awaited clarity from the U.S. Federal Reserve over the future of its monetary stimulus programme.Related StoriesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely to reduce stimulus this yearRCS Mediagroup accepts offer from PRS for magazinesBritain to […]
- Ireland to put off sale of Aer Lingus stake - minister June 19, 2013DUBLIN (Reuters) - Ireland's government does not think the time is right for it to sell its 25 percent stake in Aer Lingus , the minister in charge of the country's privatisation plan said on Wednesday.Related StoriesExclusive - Forest mulls bid for Irish drugmaker Elan: sourcesBernanke says Fed likely to reduce stimulus this yearRCS Mediagroup acc […]
- Orders top $100 billion as Ryanair gives Boeing a boost June 19, 2013PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion (63 billion pounds) on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets.Related StoriesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely to reduce stimulus this yearRC […]
- Britain to pay more for power than Germany for a decade - Credit Suisse June 19, 2013LONDON (Reuters) - British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation, a report by bank Credit Suisse showed on Wednesday.Related StoriesIreland to put off sale of Aer Lingus stake - ministerBernanke says Fed likely to reduce stimulus this y […]
- Global stocks, bond prices drop as Fed points to reduced bond buying June 19, 2013