Ian Temple, chairman of the Hydrogen Group, talks to CNBC about the UK's rise as a technology hub, with media and consultancy skills coming together.» Read More
MEXICO CITY/ RIO DE JANEIRO, May 19- Foreign investors flocked back to Brazil in early 2013, prompting the strongest stock market inflows in more than two years, but massive bets on share price falls suggest no change in sentiment towards Latin America's largest economy.
MADRID, May 19- Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system.
May 18- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. Texas joins four other states that have sued BP and other companies in connection to the spill: Florida and Mississippi filed complaints last month, while Alabama and Louisiana did in 2010..
BRUSSELS, May 18- Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. "If the European Union was logical and properly run, people wouldn't be so anti- Europe.
Switzerland is set to bow to years of pressure from the EU by overhauling the system of tax privileges that has helped entice thousands of multinational firms to the country.
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
WASHINGTON, May 17- Cases of porcine epidemic diarrhea, a virus associated with diarrhea, vomiting and dehyrdation in hogs, has been found in Iowa and possibly beyond, U.S. government and private industry officials said on Friday.
NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off polling information to the bank's opponents.
*Gold at 1- month low as Fed pressured to end US stimulus. Gold fell, touching a 1- month low and closing down for a seventh straight session as the dollar hit its highest levels since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy. Gold was the CRB's biggest loser, falling almost 2 percent.
May 17- In the nearly five years since the worst financial crash since the Great Depression, the remedy for the world's economic doldrums has swung from full-on Keynesianism to unforgiving austerity and back.
NEW YORK, May 17- Oil rose for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, even as the dollar hit a multi-year high. "Everyone's feeling buoyant, and we got a nice little bounce on the S&P 500," said Phil Flynn, energy analyst at Price Futures Group in Chicago.
WASHINGTON, May 17- USDA's National Veterinary Services Laboratories has detected porcine epidemic diarrhea, a virus associated with outbreaks of diarrhea and vomiting, in the Iowa hog population, a USDA spokesman said on Friday. USDA so far has only confirmed detection of PEDV in Iowa.
*Fed's Williams says stimulus reduction could start this summer. *U.S. consumer sentiment rises to nearly six-year high.
LONDON/ WASHINGTON, May 17- A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.
NEW YORK/ LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.
LONDON, May 17- After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.
Shares of automakers rose Friday, with General Motors Co. stock reaching its highest price in more than two years, as Europe became the latest part of the globe to report rising auto sales.
NEW YORK, May 17- The dollar rallied across the board on Friday, rocketing to a fresh 4-1/ 2- year high against the yen above the 103- yen level as data showing a robust rebound in U.S. consumer sentiment prompted more investors to add to bullish bets.
NEW YORK, May 17- Oil climbed for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted U.S. equities, although a strong dollar limited gains in oil prices.
LONDON, May 17- South Africa's mining industry can ill afford to offer wage rises during talks that are about to start with a new and unpredictable union, so it may well face fresh strikes, Impala Platinum said on Friday.