Europe Morning Headlines: Berlin warns EU over solar tariffs stance, Apple fac...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/A1TNOO/WHDYD3/GWL24G/WLXS67/   Europe morning headlines Monday May 20 2013 How useful are FT email briefings to you and what can we do to improve them? Take our short survey Financial Times - Europe homepage   Berlin warns EU over solar tariffs stance Germany's vice-chancellor and economy minister put Berlin on a collision course with Brussels after warning against anti-dumping duties http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/WHDIIJ/D5/h?a1=2013&a2=5&a3=20   Apple faces grilling over US tax rate Group's tax planning is likely to come under the microscope when Tim Cook, chief executive, faces Senate committee investigating shifting of profits to low-tax countries http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/RP5WXP/D5/h?a1=2013&a2=5&a3=20   Yahoo buys start-up Tumblr for $1bn Tumblr, launched in 2007, has married short-form blogging with social media sharing to create a service but, its growth rate has slowed this year http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/6ANPU5/D5/h?a1=2013&a2=5&a3=20   US consumer data brighten Asia's mood Equity markets extend gains after US consumer sentiment hits highest level in almost six years, with Nikkei still buoyed by yen weakness http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/Z8E993/D5/h?a1=2013&a2=5&a3=20   Portugal's banks fear 'Cyprus virus' Heads of Millennium BCP and Banco Espírito Santo separately urge Europe's leaders to moderate their stance on the eurozone periphery http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/GY8OOW/D5/h?a1=2013&a2=5&a3=20   Markets   Low rates fail to spur M&A boom The lack of dealmaking in a historically low interest rate environment is a break from the past, when cheap capital fuelled waves of M&A http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/MJ2Z7Q/D5/h?a1=2013&a2=5&a3=20   Tough oil pricing ahead, says Eni chief Paolo Scaroni, chief executive, says sluggish demand and new supply coming on to the market means the price of crude was 'more likely to go down' http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/RP5WXN/D5/h?a1=2013&a2=5&a3=20   World News - latest world news headlines - FT.com   White House faces 'intimidation' accusation With the administration facing another week of congressional hearings, the Republican party is focusing its ire on Eric Holder, the attorney-general http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/9MULT4/D5/h?a1=2013&a2=5&a3=20   New era as Swiss bank secrecy declines After a long battle to safeguard its 80-year tradition of banking secrecy, Switzerland faces a new era as it begins negotiations on a new EU tax accord http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/K9C22D/D5/h?a1=2013&a2=5&a3=20   US business seeks fast track trade deals Senators, congressmen and aides have been discussing a bill that would give 'fast track' status to trade pacts agreed by the White House http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/DXHG8Y/D5/h?a1=2013&a2=5&a3=20   Police fire teargas on Islamists in Tunis Ansar al-Sharia supporters tried to gather in capital after Tunisian authorities stopped a meeting in Kairouane, a city some Muslims consider holy http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/HI60CY/D5/h?a1=2013&a2=5&a3=20   Europe News - latest Europe news headlines - FT.com   It makes little sense but I'm a eurofanatic If you want to make a rational case for the EU, it is better to make it on the basis of geopolitics rather than economic efficiency http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/FDG667/D5/h?a1=2013&a2=5&a3=20   European companies   US fund Monarch to open office in London US hedge fund has about a fifth of its $5.5bn under management invested in Europe and expects the figure to grow as more opportunities arise http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/OFZMME/D5/h?a1=2013&a2=5&a3=20   Asian groups stump up for European assets Asian companies are paying more than double the price of European assets, relative to earnings as they did three years ago, a study shows http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/52F3PA/D5/h?a1=2013&a2=5&a3=20   Portuguese banks seek cures for capital woes Four of top six lenders reported first-quarter losses totalling more than €300m, reflecting extent to which 10 quarters of recession have hit net interest margins http://link.ft.com/r/A1TNOO/YG4Z2E/TP5EB2/KQDIGG/GY8OO7/D5/h?a1=2013&a2=5&a3=20   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. 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