Stocks in weaker euro zone countries like Spain and Italy look set to outperform their stronger peers this year, analysts say.» Read More
Valérie Plagnol, head of research at Credit Suisse, discusses Portugal and Greece and says that while there are many challenges ahead for Portugal, it is heading in the right direction.
LONDON, Aug 23- Exchange CME Group is expected to try and buy Europe's leading wheat futures contract from rival Intercontinental Exchange, a move that would solidify its dominance of world grain trading.
LISBON, Aug 23- Portugal hopes to name a buyer for its CTT postal service by the end of 2013 after being approached by potential bidders from Europe and across the Atlantic, a senior official said.
LONDON, Aug 22- German yields hit their highest since March 2012 on Thursday as investors sold low-risk Bunds after forecast-beating business activity data and on expectations the Federal Reserve would soon slow its stimulus.
LONDON/ BRUSSELS, Aug 22- The need for a new rescue programme for Greece promises a drawn-out drama of late-night negotiations but is unlikely to trigger the sort of crisis that has threatened the breakup of the euro in the recent past.
BRASILIA, Aug 21- Brazil's Vale SA, the world's second-largest miner, is not in talks to buy rival MMX SA, the mining arm of tycoon Eike Batista's troubled EBX conglomerate, Vale's Chief Executive Murilo Ferreira said on Wednesday.
LONDON, Aug 21- IntercontinentalExchange has hired three banks to advise on the listing of Euronext, whose sale is crucial to its $8.2 billion takeover of NYSE Euronext, three sources familiar with the situation said.
*Italy returns to market next week, Spain in September. *Spain to slow debt issuance, Italy's pace unchanged. Both countries have cancelled August auctions but, while Spain aims to cut monthly issuance by a third, Italy, due to sell debt next week, plans to keep up the pace.
SINGAPORE, Aug 21- London copper drifted lower on Wednesday on uncertainty over the impact a tapering of U.S. monetary stimulus would have on global capital markets, ahead of the release of minutes from the latest U.S.
Aug 21- NYSE Euronext has tapped JPMorgan Chase& Co and Societe Generale to help arrange a potential $1 billion IPO for its European equity operations, Bloomberg news agency reported. A stake in the Euronext unit, which controls markets in Paris, Lisbon, Brussels and Amsterdam, may be sold next year, Bloomberg said citing sources.
LISBON, Aug 20- Portugal's emergence from its long recession is a sign that the European austerity recipe just may work, but it also poses a dilemma for Lisbon and its lenders as a new dose of planned budget cuts may kill a fragile revival.
ZURICH, Aug 20- Straumann, the world's largest maker of dental implants, could spend over $400 million on buying cheaper rivals, signalling a desire to grab back market share from low-cost competitors.
*Voter participation rates falling sharply in Germany. A century and a half later, Angela Merkel seems to be modelling an election campaign on the musings of Germany's "Iron Chancellor"; the modern day chancellor is avoiding detailed discussion of what she would do with a third term and instead emphasising her personal appeal over policy prescriptions.
Aug 16- The U.S. Securities and Exchange Commission has approved the takeover of NYSE Euronext by IntercontinentalExchange, according to a regulatory filing made available on the regulator's website early on Friday.
Registrations of new cars in Europe rose 4.8 percent compared to the same month a year ago to 1.02 million vehicles, according to data published on Friday by the German auto industry association VDA. Second quarter corporate results have also surprised by suggesting some mass-market producer are closer to breaking even in Europe than previously thought.
FRANKFURT, Aug 16- Europe's ailing car market grew in annual terms for only the second time this year in July, supporting hopes of a much-needed stabilisation in the second half of 2013..
BERLIN, Aug 15- Online retail sales in Europe are seen doubling by 2018 to 323 billion euros with Amazon.com Inc expected to grow even faster than that, market research firm Mintel said.
*Spain outperforms Italy after plan to reduce issuance. LONDON, Aug 14- Germany's bond yields hit seven-week highs on Wednesday after data showed the euro zone had emerged from recession, with the reduced appetite for low-risk debt highlighted by a lacklustre Bund auction.
SAO PAULO/ ABU DHABI, Aug 14- Mubadala Development Co PJSC, the Abu Dhabi sovereign wealth fund, is looking for partners to buy some assets in Brazilian tycoon Eike Batista's mining, energy and logistics conglomerate Grupo EBX, a source with direct knowledge of the situation said.
*Bank of England split, jobless data boosts sterling. LONDON, Aug 14- European shares inched up on news that the euro zone had emerged from recession on Wednesday, while sterling jumped against the dollar as robust jobs data cast doubt on the Bank of England's pledge to keep interest rates low.