Europe Morning Headlines: Eurozone bond yields jump in sell-off, Berlusconi fo...

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/H60H77/Z89INF/HXTAW8/XTKJOM/   Europe morning headlines Monday June 24 2013 Financial Times - Europe homepage   Eurozone bond yields jump in sell-off Spanish and Italian debt hit and yields on ten-year UK gilts jump as part of a global bond market sell-off accelerated by announcement on 'tapering' of US quantitative easing http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/CWBTYB/ZH/h?a1=2013&a2=6&a3=24   Berlusconi found guilty in sex trial Former premier sentenced to seven years in prison and banned from holding public office after being convicted in Milan trial that lasted more than two years http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/FD6GQ0/ZH/h?a1=2013&a2=6&a3=24   Snowden fails to board Cuba flight US secretary of state says he would be troubled if China and Russia had advance notice of whistle-blower's travel plans before he left Hong Kong http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/1OJ92N/ZH/h?a1=2013&a2=6&a3=24   Kabel Deutschland accepts Vodafone offer UK mobile and telecoms operator offers €7.7bn for German cable company that provides telephone, broadband and TV services to 8.5m homes http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/1OJ9A0/ZH/h?a1=2013&a2=6&a3=24   China stocks fall into bear market The CSI 300, an index of shares listed in Shanghai and Shenzhen, has fallen 21% from February peak with midsized lenders worst hit in the sell-off http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/T1KWG1/ZH/h?a1=2013&a2=6&a3=24   Markets   Shares under pressure over China fears Investors concerned about Chinese banks' liquidity crunch and the prospect of the Federal Reserve tapering its vast stimulus measures http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/T1KWBN/ZH/h?a1=2013&a2=6&a3=24   China's Ponzi credit boom faces crunch The PBoC, together with other agencies, is trying to get to grips with weakly implemented regulation and unstable funding risks http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/DXGHEW/ZH/h?a1=2013&a2=6&a3=24   Dollar continues march forward The dollar continues higher in the wake of the Federal Reserve's plans to tighten monetary easing, hitting its strongest level in more than two weeks http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/XBEYOP/ZH/h?a1=2013&a2=6&a3=24   Mining sector losses weigh on FTSE London's main index ticks slightly higher in early trade, helped by opening gains for Vodafone following its €7.7bn bid for Kabel Deutschland http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/523F5Z/ZH/h?a1=2013&a2=6&a3=24   Who will be the next LME chief? The current environment calls for a specialist who can handle discussions on new regulations in Europe and the exchange's planned expansion in China http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/B4HLDT/ZH/h?a1=2013&a2=6&a3=24   World News   Qatar emir set to abdicate Rare voluntary handover seen as a move to cement stability in state that has backed Arab spring rebels but is yet to hold parliamentary elections http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/Q34MTR/ZH/h?a1=2013&a2=6&a3=24   Warring Republicans endanger Obama agenda Republican Speaker John Boehner's inability to control his caucus is bad news for backers of comprehensive immigration reform and a debt deal http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/7ZU34H/ZH/h?a1=2013&a2=6&a3=24   PBoC breaks silence over cash crunch China's central bank speaks out about the credit crunch that saw interbank lending rates hit double digits, calling on big lenders to do more to restore calm http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/SUX4BG/ZH/h?a1=2013&a2=6&a3=24   Mandela's health remains critical President Zuma visited the liberation hero on Sunday and was told by the medical team that he 'had become critical over the past 24 hours' http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/PN571D/ZH/h?a1=2013&a2=6&a3=24   Lebanese soldiers clash with Sunni gunmen Latest bout of violence in Lebanon is linked to the conflict in neighbouring Syria as armed groups take up the cause of the warring sides http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/OFMZ11/ZH/h?a1=2013&a2=6&a3=24   Europe News   Bernard Tapie held over fraud allegations Ex French minister questioned in judicial inquiry into a €400m settlement received in a dispute with the state under former president Nicolas Sarkozy http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/CWBTI5/ZH/h?a1=2013&a2=6&a3=24   Albania's opposition set for landslide win A projection by the electoral commission shows that Edi Rama's left-of-centre coalition would capture 84 seats in the 140-member parliament http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/B4HLDL/ZH/h?a1=2013&a2=6&a3=24   France seeks more Qatari investment François Hollande tells business leaders in Doha that his country needs greater investment from gas-rich Qatar to boost job creation at home http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/7ZU348/ZH/h?a1=2013&a2=6&a3=24   Nabiullina to run Russian central bank With country's economy sharply slowing, the new governor will be under pressure from the banking sector to lower interest rates to stimulate growth http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/EK8BEM/ZH/h?a1=2013&a2=6&a3=24   The Macro Sweep: Germany, Brazil, Taiwan German business grows optimistic about recovery while Brazilian consumer confidence continues to slide, according to a host of global surveys just out http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/IECOJM/ZH/h?a1=2013&a2=6&a3=24   European Companies News   Erste shares fall on profit warning Austrian bank is raising €660m to repay emergency funding it received during the financial crisis, and warned of falling operating income this year http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/JQV0FJ/ZH/h?a1=2013&a2=6&a3=24   Sandwich shop web start-up nips at Google Criteo's clicks-only payment model has secured it a toehold in a market dominated by the US group and won it an advertiser retention rate of 97% http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/FD6GQ7/ZH/h?a1=2013&a2=6&a3=24   Inquiry into Irish banking crisis urged Recording of a phone conversation between two Anglo Irish executives suggests bank misled regulators as it sought help during financial crisis http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/MJZ2P3/ZH/h?a1=2013&a2=6&a3=24   Insurers turn to infrastructure for yield Long-term cash flows from infrastructure investments, from toll roads to utility networks, look likely to be a good match for insurers' liabilities http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/FD6GQO/ZH/h?a1=2013&a2=6&a3=24   Kazakhmys / ENRC: exit wounds Kazakh copper miner is handed an opportunity to exit what has become a questionable investment. Minority shareholders would be wise to accept offer http://link.ft.com/r/H60H77/CWPVDF/LQ05NB/16BS6N/PN57LH/ZH/h?a1=2013&a2=6&a3=24   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. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..