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London equities finished slightly lower on Monday despite Wall Street having remained closed in observance of Presidents' Day, which usually leads to a positive bias in stocks. Weighing on equities, however, were the weak retail sales data out of China, which in turn weighed on equities. As well,
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* 2013 sterling supply eclipsed by comparable 2012 levels * Euro regains popularity as volatility subsides * Year-to-date GBP supply just 8% of total sterling/euro flow * Strategists see investor opportunities to pick up spread By Josie Cox LONDON, Feb 18 (IFR) - Few
Read moreMADRID, Feb 18 (Reuters) - Striking union workers clashed with police at Madrid's Barajas airport on Monday on the first day of a week-long strike over more than 3,800 pending job cuts at Spain's flagship airline Iberia. Hundreds of workers demonstrated outside Barajas, Iberia's hub, and in
Read more* Cameron is making second Indian visit as PM * Hopes India may consider Eurofighter if French deal fails * EU states clamouring to boost trade relations with India * Bribery scandal engulfs Anglo-Italian helicopter deal By Andrew Osborn MUMBAI, Feb 18 (Reuters) - Br
Read moreVodafone may approach Germany's largest cable provider Kabel Deutschland about a takeover bid as early as this week, according to published reports. Vodafone, the world's second-largest wireless carrier, is waiting for its German rival to release its earnings results on Wednesday before beginning n
Read moreNEW DELHI, Feb 18 (Reuters) - India plans to hold a third round of auction of unsold mobile phone airwaves in 18 telecommunication zones immediately after it completes a sale in other zones in March, to comply with a court order, a senior government official said on Monday. The telecommunic
Read moreBy Devidutta Tripathy NEW DELHI, Feb 18 (Reuters) - India will allow wireless broadband airwave holders to provide voice services if they pay an additional $306 million, a senior government official said on Monday, a move likely to boost billionaire Mukesh Ambani's Reliance Industries Ltd.<
Read moreCity sources predict the FTSE 100 will open up marginally higher from Friday's close of 6,328, with a gain of just three points expected. The coming week will see the flow of data or events on the macroeconomic front pick up, with the ´tempo´ building as the days pass, culminating with the Italian
Read moreBAE Systems, a defence, aerospace and security company, has unveiled a five-year partnership with mobile communications giant Vodafone Group, under which it will provide businesses with a range of advanced communications security products and services, initially focused on smartphones and tablets.
Read moreBy Sumeet Chatterjee MUMBAI, Feb 18 (Reuters) - India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office functions, tax officials say. It has target
Read moreBy Clare Kane MADRID, Feb 18 (Reuters) - Workers at loss-making Spanish flag carrier Iberia were set to begin a five-day strike at midnight on Monday, grounding over 1,000 flights and costing the airline and struggling national economy millions of euros. Staff, including baggage handl
Read more* Cameron makes second Indian visit as PM, Feb. 18-20 * Hopes India may consider Eurofighter if French deal fails * EU states clamouring to boost trade relations with India * Bribery scandal engulfs Anglo-Italian helicopter deal By Andrew Osborn LONDON, Feb 18 (Reute
Read moreBy Sumeet Chatterjee MUMBAI, Feb 18 (Reuters) - India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office functions, tax officials say. It has target
Read more* Cameron to make second Indian visit as PM, Feb. 18-20 * Hopes India may consider Eurofighter if French deal fails * EU states clamouring to boost trade relations with India * Bribery scandal engulfs Anglo-Italian helicopter deal By Andrew Osborn LONDON, Feb 15 (Reu
Read moreBy Christopher Reich NEW YORK, Feb 15 (IFR) - Fifteen countable deals priced this week in the investment-grade primary market for USD17.205bn, surpassing the USD14.139bn priced last week and coming in at the higher end of USD15bn area market expectations. Volume estimates were pretty
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