Europe Morning Headlines: EU eases hard line on austerity, Asian shares rise o...

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/WDI4RR/MJAR4J/F41V5B/M9C43G/   Europe morning headlines Wednesday May 29 2013 Financial Times - Europe homepage   EU eases hard line on austerity France, Spain and the Netherlands to be given a waiver on the annual 3% deficit limit on condition national governments embark on labour market reforms http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/XBI8UW/D5/h?a1=2013&a2=5&a3=29   Asian shares rise on US economic data Figures showed the US economic recovery was gathering pace while trading in Japan remained volatile in spite of a weaker yen http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/IE09K8/D5/h?a1=2013&a2=5&a3=29   Murdoch unveils the new News Corp Executives say the new unit will have strong brands, global scale, a balance sheet capable of funding acquisitions and opportunities http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/EKGY5H/D5/h?a1=2013&a2=5&a3=29   Advertisers pull Facebook campaigns Top-name companies have suspended their Facebook marketing campaigns after the risks in a new form of targeted advertising were exposed http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/T1XTN0/D5/h?a1=2013&a2=5&a3=29   Seven charged over 'cyber criminals' bank Liberty Reserve processed an estimated 55m transactions to launder $6bn in criminal proceeds from 2006 until May 2013, US authorities allege http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/A5LW28/D5/h?a1=2013&a2=5&a3=29   Markets   Bondholders' biggest enemy on top of game Lee Buchheit, the man most countries in financial distress call upon for restructuring, says it's 'more fun' to work on the side of governments http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/JQCSDL/D5/h?a1=2013&a2=5&a3=29   Threat of rise in US mortgage rates Accelerating sell-off in market for mortgage-backed securities threatens to raise borrowing costs for American homebuyers http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/RP41JK/D5/h?a1=2013&a2=5&a3=29   Rand hits four-year low as investors flee South African currency is a heavy casualties of the fall in commodity prices, the strength of the US dollar and a host of domestic factors http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/Q35UJP/D5/h?a1=2013&a2=5&a3=29   Wall Street rises as Tiffany shares shine US stocks climb as investors reassess the likelihood of changes to Federal Reserve stimulus measures amid 10.9 per cent rise in US home prices http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/XBI81T/D5/h?a1=2013&a2=5&a3=29   Saudis upbeat on Opec quota status quo Saudi oil minister describes demand growth as 'great', suggesting production target likely to stay at 30m barrels a day http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/VTDB3N/D5/h?a1=2013&a2=5&a3=29   World News - latest world news headlines - FT.com   France seeks overhaul of 'Robin Hood' tax France seeks overhaul of Europe's planned financial transaction tax to scale back its reach over derivatives while extending it to currency trades http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/YGE6LC/D5/h?a1=2013&a2=5&a3=29   Focus on federal aid in storm state The trip reinforces the importance of federal aid at a time when Congress is engaged in a debate about the federal government's role in emergency relief http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/LS2RIN/D5/h?a1=2013&a2=5&a3=29   Obama to tackle China's Xi on cyberhacking Although defence officials have long warned about a Chinese campaign to hack US military information, the extent of the list surprised some observers http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/XBI816/D5/h?a1=2013&a2=5&a3=29   Libya's parliamentary head steps down Mohamed al-Magarief, head of Libya's parliament, quits in compliance with a political isolation law barring anyone who served in a senior position under Gaddafi http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/DXBDMB/D5/h?a1=2013&a2=5&a3=29   EU trade chief feels heat in China solar dispute De Gucht faced Beijing rallying majority of EU member states against his proposal to impose provisional duties on Chinese-made solar products http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/4VFA6Q/D5/h?a1=2013&a2=5&a3=29   Europe News - latest Europe news headlines - FT.com   Bulgaria's 'Mario Monti' poised to lead Oresharski's nomination along with several non-partisan 'experts' by the Socialists is an attempt to reach out to disenchanted voters http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/WHYGUD/D5/h?a1=2013&a2=5&a3=29   Tories can learn from GOP mistakes It is difficult to get members of your own party to consider your reforms if they think that you do not respect them http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/52NZ6B/D5/h?a1=2013&a2=5&a3=29   European companies   France Telecom changes name to Orange Executives say the brand better represents the global nature of the business, given its operations in the emerging markets and parts of Europe http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/20JVG0/D5/h?a1=2013&a2=5&a3=29   Russian grocer Lenta plans IPO in London The owners, including US-based private equity fund TPG and Moscow-based VTB capital, begin talks with bankers, in a deal that would raise about £1bn http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/GY6EWH/D5/h?a1=2013&a2=5&a3=29   Wealth funds buy into VTB $3.3bn issue Norges Bank Investment Management is now the second-largest investor in Russia's state bank following the privatisation of a 14% government stake http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/HIOQXL/D5/h?a1=2013&a2=5&a3=29   Esma probes Luxembourg regulators Europe's financial regulatory supervisor will examine claims that the CSSF failed to deal with a fund that violated local investment rules http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/T1XTNT/D5/h?a1=2013&a2=5&a3=29   Spanish crisis takes toll on car sales Experts argue there is an increasing risk that the country's world-class facilities will continue to decline in production over the coming years http://link.ft.com/r/WDI4RR/Z8XBSQ/QFZDL0/EXMPEP/IE09XK/D5/h?a1=2013&a2=5&a3=29   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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