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Europe News London

  • FRANKFURT/ SAN FRANCISCO/ LONDON, July 27- Buyout funds Hellman& Friedman and Vista Equity Partners have made rival bids for German business software maker TeamViewer in a deal worth more than $2 billion, sources close to the matter told Reuters. Permira, which has controlled the Goeppingen-based business since 2014, is working with investment banking...

  • *Investors detect dovishness in Fed inflation language. NEW YORK, July 27- Stocks on world markets rose to record highs on upbeat corporate earnings Thursday, while U.S. MSCI's 47- country All World share index was at a record peak, while U.S. stocks hit all-time highs as well.

  • *UK govt's chief economist Ramsden to start at BoE on Sept. 4. LONDON, July 27- The British government's top economist will move to the Bank of England to serve as one of its most senior policymakers, joining the central bank as it steers the financial system through political negotiations to leave the European Union. Ramsden's arrival comes as the BoE tries to judge...

  • DUBAI/ LONDON, July 27- Saudi Aramco's advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters. The advisers' views on the relative merits of London and New York for the listing are being considered by Aramco and a final proposal could be...

  • DUBAI/ LONDON, July 27- Saudi Aramco's advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters. The advisers' views on the relative merits of London and New York for the listing are being considered by Aramco and a final proposal could be...

  • EXCLUSIVE-SAUDI ARAMCO ADVISERS FAVOURING LONDON AS BEST OPTION FOR IPO- SOURCES.

  • NEW YORK, July 27- The U.S. dollar rallied against the euro and yen on Thursday after solid U.S. economic data, bouncing back from lows plumbed after Wednesday's Federal Reserve monetary policy statement. The euro on Thursday fell 0.5 percent against the dollar, slipping back below the $1.17 mark. "The most significant thing was the durable goods orders, those came...

  • LONDON, July 27- AstraZeneca's combination of two injectable immunotherapy drugs failed to help patients as hoped in a closely watched advanced lung cancer trial, triggering the biggest ever daily fall in its shares on Thursday. The so-called Mystic study was the industry's most anticipated clinical experiment this year and the news saw the shares fall 16...

  • Verizon Communications and Comcast are climbing after their second-quarter reports, while Facebook jumps as investors are pleased with its earnings, advertising revenue, and spending. Many more new wireless phone customers signed up for Verizon service than Wall Street had forecast. Verizon jumped $3.15, or 7.1 percent, to $47.55.

  • BRUSSELS, July 27- Talks between Britain and the European Union on their future relationship are now less likely to start in October, the EU's top negotiator has said, due to a lack of progress on Brexit divorce issues so far, EU officials said. The EU's top Brexit negotiator Michel Barnier on Wednesday briefed ambassadors from the 27 countries that will remain in...

  • The so-called Mia Ash persona has been active on sites including LinkedIn, Facebook Inc, WhatsApp and Blogger since at least April of last year, researchers at Dell SecureWorks said. Dell SecureWorks observed Mia Ash sending specific malware, concealed as a "photography survey" with an attachment, to a victim that matched malware sent by Iranian hacking group...

  • *Vivendi wants Amos Genish to manage Telecom Italia- source. PARIS/ MILAN/ SAO PAULO, July 27- Telecom Italia's fund investors are counting on a former Israeli army captain and telecoms dealmaker to complete the company's overhaul-- with a burst of deals. The European telecom has nevertheless managed to keep the faith of investors thanks to the expected arrival of...

  • LONDON _ Fiat Chrysler Automobiles NV on Thursday reported second-quarter net income of $1.27 billion. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • LONDON, July 27- Britain's finance ministry said on Thursday it had appointed the government's chief economic adviser, Dave Ramsden, as the Bank of England's deputy governor for markets and banking. "Sir Dave's unrivalled experience at the centre of UK economic policy for more than two decades gives him the thorough grounding needed to be successful in his new...

  • BRUSSELS, July 27- Talks between Britain and the European Union on their future relationship are now less likely to start in October, the EU's top negotiator has said, because of lack of progress on Brexit divorce issues so far, EU officials said. The EU's top Brexit negotiator Michel Barnier on Wednesday briefed ambassadors from the 27 countries that will remain...

  • *Asia shares ex- Japan at highest since Dec 2007. LONDON, July 27- Stocks, bonds and commodities were starting to show signs of fatigue on Thursday, having been driven higher by signs that softening U.S. inflation could see the Federal Reserve keeps its interest rates lower for even longer. MSCI's 47- country All World share index was at its latest record high as Wall...

  • The Financial Conduct Authority is urging banks to find an alternate to the London Interbank Offered Rate after 2021 as a dearth of financial transactions puts its relevance into question. Investigations in the U.S., Britain and elsewhere led to fines as well as the resignation of Barclays CEO Bob Diamond, among others. The Bank of England has suggested it be...

  • *Two former Libor traders send complaints to London police. Tom Hayes, a British former UBS and Citigroup trader jailed in 2015, and Ryan Reich, an American former Barclays trader acquitted this year, have sent reports to the Metropolitan Police about the conduct of SFO witness Saul Haydon Rowe, Hayes's lawyer Karen Todner said on Thursday.

  • LONDON, July 27- AstraZeneca's combination of two injectable immunotherapy drugs failed to help patients as hoped in a closely watched advanced lung cancer trial, sending its shares plunging on Thursday. The so-called MYSTIC study was the most anticipated clinical experiment in the pharmaceutical industry this year and the news saw the shares tumble 16...

  • *950 jobs at risk in South Africa, Namibia, Botswana. JOHANNESBURG, July 27- Department store Stuttafords, the 159- year-old "Harrods of South Africa", is closing down, victim of a global shift to online retail and a domestic economic slump that has put brands such as Ted Baker and Gap beyond its customers' reach. However, attempts to revive its fortunes proved futile and...