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BERLIN, June 19- The need to balance budgets should not distract from the ultimate goal of economic policy, namely improving people's lives, U.S. President Barack Obama said on Wednesday in what appeared to be a dig at German Chancellor Angela Merkel's focus on austerity.
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*Obama, Putin likely to square off over Syria. British Prime Minister David Cameron, who is chairing the G8 summit, acknowledged there was "a big difference" between the positions of Russia and the West on Syria.
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*Obama faces international row over Syria at G8. ENNISKILLEN, Northern Ireland, June 17- U.S. President Barack Obama faces what could be a frosty G8 meeting with Vladimir Putin on Monday after the Russian leader clashed with the West over plans to arm Syrian rebels fighting President Bashar al-Assad.
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*Co-op Bank to be listed on London Stock Exchange. LONDON, June 17- Britain's Co-operative Group has agreed a plan to plug a 1.5 billion pound capital hole at its bank which forces bondholders to pay part of the bill, avoiding a repeat of the taxpayer-funded bailouts staged during the financial crisis.
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*Obama to seek common ground with Putin on Syria. President Barack Obama will seek the help on Monday of Russia's Vladimir Putin, Syria's most powerful ally, to bring Bashar al-Assad to the negotiating table and end a two-year civil war.
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BRUSSELS, June 14- Prices of electricity, fruit and vegetables lifted the euro zone inflation off its three-year low in May, while the single currency bloc's record high jobless rate showed in its deepening inability to create jobs in the first quarter.
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*France trying to shield French culture from Hollywood. LUXEMBOURG, June 14- The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business.
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*Strong U.S. retail sales, claims data help Wall Street recover. But Wall Street rebounded and oil prices recovered after the United States reported stronger-than-expected retail sales and jobless claims, which suggested signs of resilience in the economy.
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LISBON, June 13- The International Monetary Fund said on Thursday Portugal's economic outlook was "somber" and its public debt condition "very fragile" although Lisbon has met the latest targets in its 78 billion euro bailout. It also said the political and social consensus behind Portugal's bailout was fraying.
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*Strong U.S. retail sales, claims data help Wall Street recover. Concern about a pullback in central bank liquidity mounted after recent comments from Federal Reserve Chairman Ben Bernanke and a decision by the Bank of Japan to hold off on easing further.
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LONDON, June 13- European shares sold off again on Thursday with banks and commodity stocks, sectors most exposed to the broader economic fortunes, the top fallers on concerns about stimulus unwinding and Greek political turbulence.
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LONDON, June 12- Bermuda's premier is not ready to sign an international transparency convention that he said Britain's prime minister had planned to achieve ahead of the G8 summit in Northern Ireland next week, potentially scuppering a broad deal.
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*Lower-rated debt recovers broadly after sharp sell-off. LONDON, June 12- Lower-rated euro zone bonds stabilized on Wednesday after a recent sell-off driven by concerns over the future of global monetary stimulus, but trade was expected to remain choppy.
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LONDON, June 12- Britain's overseas territories will not sign up to an international convention aimed at tackling tax evasion ahead of the G8 summit in Northern Ireland next week, the premier of Bermuda said on Wednesday.
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LONDON, June 12- Britain's overseas territories will not sign up to an international convention aimed at tackling tax evasion ahead of the G8 summit in Northern Ireland next week, the premier of Bermuda said on Wednesday.
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*Bank of Japan refrains from measures to reduce volatility. Lower-rated euro zone debt underperformed German Bunds after the Bank of Japan announced no new measures to stem bond market volatility, further unsettling investors worried about the outlook for the U.S.
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NEW YORK, June 11- More employers in the United States plan to hire workers next quarter than in any period since the fourth quarter of 2008, according to a survey by Manpower Group, the global employment services giant. There were certain bright spots, however, with employers in the United States and some parts of Europe feeling cautiously optimistic.
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ATHENS, June 10- Greece reported its budget deficit was on track to meet targets set by foreign lenders, whose inspectors arrived in Athens on Monday to measure progress under the country's bailout program.
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"That will benefit especially the peripheral European economies who are selling more goods to Germany and attracting more German tourists," Schmieding said.
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BRUSSELS, June 6- The European Commission clashed with the International Monetary Fund on Thursday over their handling of the first Greek bailout, which the IMF said had pushed an extra burden on euro zone taxpayers by letting Athens delay restructuring its debts.
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LONDON, June 6- European shares reversed early gains to close lower on Thursday, led down by banks, after the European Central Bank said the economic outlook remained weak and failed to satisfy those hoping for fresh policy action.
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