*CEO refuses to comment on sale of Verizon stake. *Will keep hold of latest Verizon payout. Rapid growth in Verizon, a solid performance in emerging markets and cost cuts however helped the group to offset some of the weakness and report slightly better than expected profit and earnings per share.» Read More
*CEO refuses to comment on sale of Verizon stake. *Will keep hold of latest Verizon payout. Rapid growth in Verizon, a solid performance in emerging markets and cost cuts however helped the group to offset some of the weakness and report slightly better than expected profit and earnings per share.
LONDON, May 21- European shares fell from multi-year highs on Tuesday, with the UK market having hit a near 13- year peak this week, as concerns over a possible end to central bank stimulus measures halted the region's equity rally.
HONG KONG, May 21- Hong Kong shares fell from a 3-1/ 2- month high on Tuesday, hurt by a series of fund raising moves and Goldman Sachs' exit from Industrial and Commercial Bank of China. *As of 0800 GMT, Industrial and Commercial Bank of China shed 2.1 percent after Goldman Sachs ended a seven-year investment in the country's largest lender.
LONDON, May 21- Bwin.party has targeted cost savings of 70 million euros this year as it joins other online gambling companies pulling back from markets where regulations are not clear cut.
LONDON, May 21- The dollar rose against the yen on Tuesday after a Japanese minister clarified remarks about the yen's drop, but many awaited the Federal Reserve chief's testimony before adding to bets on a stronger U.S. currency. Chairman Ben Bernanke testifies to Congress on Wednesday and his words will be combed for clues on the timing.
*Gold briefly reclaims $1,400 on Chinese buying interest. SINGAPORE, May 21- Gold climbed off session lows on Tuesday as Chinese buyers picked up the metal, easing some pressure on bullion which has been hit by persistent outflows from exchange-traded funds and has lost nearly a fifth of its value this year.
LONDON, May 21- The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S.
OSLO, May 21- Marine Harvest, the world's biggest fish farmer, may raise its $1.7 billion bid for rival Cermaq if the target company's shareholders drop plans to take over Peruvian fish feed maker Copeinca, it said on Tuesday.
LONDON, May 21- Britain's competition regulator may force major cement producers to sell plants as part of efforts to break open the country's cement market, after finding a limited number of players was likely to be causing higher prices.
*SoftBank slips, Sprint permitted discussions with Dish. TOKYO, May 21- Japan's Nikkei share average edged up to a fresh 5-1/ 2- year high on Tuesday, reversing earlier losses, as retail investors scooped up underperforming stocks such as Sharp Corp and Tokyo Electric Power Co Inc.
HONG KONG, May 21- China shares eked out a fifth-straight gain on Tuesday, as strength in technology counters outweighed lingering weakness among power producers due to concerns that potential curbs on lower quality coal imports could hurt margins. The Shanghai Composite Index ended up 0.2 percent at 2,305.1.
WASHINGTON- Two senior White House aides knew weeks ago that a probe of the Internal Revenue Service had found that the U.S. tax agency had inappropriately targeted conservative groups, but did not tell President Barack Obama, a White House spokesman said on Monday.
*Bid-to-cover lowest since Aug 2011. TOKYO, May 21- Japanese government bond prices sagged on Tuesday after an auction of 40- year bonds drew tepid demand as investors grew suspicious that the Bank of Japan is tolerating a rise in bond yields as it tries to boost inflation.
*Ghana wants to increase investment in cocoa sector. *Ghana has strong democratic institutions, oil wealth funds. Ghana is used to resource riches: it is already the world's number two cocoa producer and Africa's second-largest gold miner.
*Liaising with UAE authorities, seeking quick resolution. DUBAI, May 21- Arabtec, Dubai's largest construction firm, said on Tuesday the delivery of projects was unaffected by what it called a partial labour stoppage, adding it was working with authorities in the United Arab Emirates to resolve the issue.
*Ukraine's potholed roads sign of economic, political woes. KIEV, May 21- As the snow and ice began to melt in Ukraine this spring, exposing fresh cracks and potholes in the roads, hundreds of motorists gathered outside a government building carrying unusual burdens.
TOKYO, May 21- Japan's Nikkei share average edged up to a fresh 5-1/ 2- year high on Tuesday, reversing earlier losses, as retail investors scooped up underperforming stocks such as Sharp Corp and Tokyo Electric Power Co Inc.
TOKYO, May 21- The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
SAN FRANCISCO, May 20- Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users.
MELBOURNE, May 21- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had expected.