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G4S CEO Nick Buckles to Step Down on May 31, to Be Replaced by Ashley Almanza

Europe Top News and Analysis

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  • Why This Week Could See Start of Risk-Off Monday, 20 May 2013 | 12:00 AM ET
    Mario Draghi, President of the European Central Bank

    The deteriorating economic and political triggers in Europe appear likely to cause a bout of serious risk-off, Mike Gallagher, director of research at IDEAglobal said.

  • Easy monetary policy by the Federal Reserve and other central banks is limiting supply of stocks, as well as fueling asset bubbles, one analyst warned on Monday.

  • No Love for Precious Metals—Silver Gets Slammed Monday, 20 May 2013 | 1:49 AM ET

    First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday on U.S. dollar strength and as investors turned more cautious.

  • Japan's '3 Arrows' May Run Into German Wall Sunday, 19 May 2013 | 10:58 PM ET
    Shubiya district, Tokyo, Japan

    Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.

  • High Inflation a 'Permanent Fixture' in the UK Monday, 20 May 2013 | 2:16 AM ET
    Pound coin

    Inflation in Britain will peak over the summer and remain well above 2 percent – the target set by the U.K's Chancellor – for the foreseeable future, Ernst & Young warned on Monday.

  • UK Retail Vacancies at Highest Since July 2011 Monday, 20 May 2013 | 4:59 AM ET
    Empty shops on Kilburn High Road, London

    The latest retail report from the British Retail Consortium (BRC) warns that the rise in empty shops in towns across the U.K. is a "major concern."

  • North Korea Fires Fifth Missile in Three Days Monday, 20 May 2013 | 5:35 AM ET
    South Korean protesters burn a mock-up of a North Korean missile during a demonstration in 2012.

    North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.

  • Portugal's Banks Fear 'Cyprus Virus' Monday, 20 May 2013 | 1:55 AM ET

    Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery, or risk instilling alarm among bank depositors in future, the FT reports.

  • Tesco Clothing Brand Plans International Expansion Monday, 20 May 2013 | 2:00 AM ET
    A customer carries Tesco-branded shopping bags as she leaves one of the company's stores.

    The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.

  • There are certain things no one tells you when you start planning a wedding. No one warns you how quickly Pinterest and other image-sharing sites stocked with beautiful ideas can turn your special day into a money pit, the CSM reports.

  • Bernanke’s Testimony Critical to Oil Prices Sunday, 19 May 2013 | 10:10 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    The U.S. dollar and its reaction to the Federal Reserve Chairman Ben Bernanke's Congress testimony on Wednesday will prove central for crude oil price direction this week.

  • Portugal’s Banks Warn About ‘Cyprus Virus’ Sunday, 19 May 2013 | 10:26 PM ET

    Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery. The Financial Times reports.

  • Woah, Is It Time to Slow That Yen Fall? Sunday, 19 May 2013 | 10:13 PM ET

    Eight months into the yen's steep decline and Japan's policymakers are starting to voice their concern about the pace of the currency's move.

  • France Must Take Deficit Cuts Seriously: Bundesbank Sunday, 19 May 2013 | 12:23 AM ET
    Jens Weidmann

    France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said in an interview published Sunday.

  • Rome Protest Turns Up Heat on New Prime Minister Sunday, 19 May 2013 | 1:03 AM ET

    Thousands of people protested in Rome on Saturday against austerity policies and high unemployment, urging new Prime Minister Enrico Letta to focus on creating jobs to help pull Italy out of recession.

  • Yahoo Board Agrees to Buy Tumblr for $1.1 Billion Monday, 20 May 2013 | 4:48 AM ET
    Yahoo to purchase Tumblr for $1 billion.

    The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social media, the NYT reports.

  • Bangladesh Factory Banned by Wal-Mart Still Working Sunday, 19 May 2013 | 6:05 PM ET

    A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.

  • Brands Roll the Red Carpet at Cannes Film Festival Sunday, 19 May 2013 | 10:53 AM ET
    Jeremy Irvine, pictured here in the movie "War Horse," was one of the actors spotted at the Cannes Film Festival.

    Brands from Belvedere to Magnum ice cream have ubiquitous presences during the Cannes Film Festival, hoping to boost their exposure.

  • US Job Market Gains Could Lead Fed to Taper QE3 Early Sunday, 19 May 2013 | 11:14 AM ET
    Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, Illinois.

    The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.

  • These Tech Giants Covered by the Cloud, Too: Pros Sunday, 19 May 2013 | 12:05 AM ET

    Cloud computing remains a major secular trend in technology, but investors may not fully appreciate the benefits for Amazon and Google.

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