Europe Morning Headlines: Obama gives go-ahead to arm Syria rebels, Hopes for ...


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Financial Times
Europe morning headlines
Friday June 14 2013

Financial Times - Europe homepage
 
Obama gives go-ahead to arm Syria rebels
White House said Syrian forces had used small quantities of chemical weapons, including sarin gas, and that 100-150 people had died
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/6AP2TW/4O/h?a1=2013&a2=6&a3=14
 
Hopes for G8 trade and tax deals dented
France and Canada resisting a last-minute push for an ambitious trade and tax package at the Northern Ireland global summit
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/4VNC1Y/4O/h?a1=2013&a2=6&a3=14
 
Erdogan meets main protest group
Last-minute move by Turkish prime minister comes after delivering 'final warning' to protesters, stoking expectations of an imminent police operation
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/523VLS/4O/h?a1=2013&a2=6&a3=14
 
Genes cannot be patented, US court rules
The US Supreme Court rules that isolated pieces of DNA are not patentable in a decision with sweeping consequences for biotechnology companies
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/WHITS8/4O/h?a1=2013&a2=6&a3=14
 
Fear Hester exit will speed RBS defections
UK Financial Investments, which manages the government's bank stakes, played a key role in influencing board's view that CEO should go
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/4VNC1Q/4O/h?a1=2013&a2=6&a3=14
 

Markets
 
Asian markets follow Wall Street higher
Equity markets opened higher after a strong session on Wall Street
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/PN5FKM/4O/h?a1=2013&a2=6&a3=14
 
Bond sales dry up as interest rates rise
US sales of investment grade corporate debt almost slide to a complete halt, with companies accepting concessions to drive deals through
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/523VLM/4O/h?a1=2013&a2=6&a3=14
 
Drop in ECB deposits seen as positive
Reduction in central bank balance sheet is seen as sign of reduced stress for eurozone banks and shows they have alternative sources of funding
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/VTYL9C/4O/h?a1=2013&a2=6&a3=14
 
Dollar steadies on positive US data
Currency rises from a four-month low after positive figures on the US economy that were expected to shed fresh light on Fed policy
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/GYOD2P/4O/h?a1=2013&a2=6&a3=14
 
Rolls-Royce lags recovery in UK stocks
The wider market rallied sharply into the close to break a three-day losing streak. The FTSE 100 ended up 5.18 points to 6,304.63, nearly 100 points above its session low
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/CWB4O3/4O/h?a1=2013&a2=6&a3=14
 

World News
 
Agricultural groups explore impact of ruling
Makers of genetically modified seeds and other altered plant materials believe products have been changed enough to fall outside Supreme Court finding
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/A5TM88/4O/h?a1=2013&a2=6&a3=14
 
Germany seeks to halt EU-Turkey talks
Berlin lobbies other members to delay negotiations as Turkish prime minister delivers 'final warning' to demonstrators to quit Gezi Park
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/WHITSI/4O/h?a1=2013&a2=6&a3=14
 
China group plans $40bn Panama Canal rival
Lawmakers voted to grant 50-year concession to HKND Group to study and then possibly build 286km-long canal linking Atlantic and Pacific coasts
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/A5TM8H/4O/h?a1=2013&a2=6&a3=14
 
US intelligence chief under scrutiny
Revelations have focused scrutiny on surveillance activities of the intelligence services and have reignited debate about privacy in the digital age
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/DXGW0J/4O/h?a1=2013&a2=6&a3=14
 

Europe News - latest Europe news headlines - FT.com
 
Putin orders spending pledges implemented
Economists agree Russian president's latest decrees are unrealistic given the slide in oil prices, but his public opinion ratings are suffering
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/MJZS4V/4O/h?a1=2013&a2=6&a3=14
 
Merkel announces €8bn flood damage fund
Central government and 16 of Germany's federal states to raise funds through new borrowing after catastrophic floods devastate swaths of central Europe
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/EK8XCS/4O/h?a1=2013&a2=6&a3=14
 
France offered concession in US trade talks
Paris offered right at next week's G8 negotiations to challenge any offer made to the US that affects French film, television and music
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/DXGW0L/4O/h?a1=2013&a2=6&a3=14
 
EU probes Google over Android licensing
Antitrust watchdog asks device makers and mobile operators for information after allegations of cut-price deals and exclusivity agreements
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/JQVE7A/4O/h?a1=2013&a2=6&a3=14
 
Mortgage ruling to hit Spanish banks
BBVA moves to remove floor clauses from thousands of home-loan contracts after Supreme Court ruling on minimum interest rates for borrowers
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/LSA95G/4O/h?a1=2013&a2=6&a3=14
 

European companies
 
Royalty suffers setback in Elan poll
US group's informal polling of Elan's investors showed that a majority favour the Irish drug group's recommended share buyback proposal
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/WHITSO/4O/h?a1=2013&a2=6&a3=14
 
Prisa in talks to sell Digital Plus stake
Spanish media group holds discussions with Telefónica over offloading its holding in the country's largest pay TV operator for as much as €900m
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/4VNC1U/4O/h?a1=2013&a2=6&a3=14
 
Jaguar-Land Rover exposes skill shortage
Surge in demand for British engineers by carmakers is exposing the chronic skills-shortage threatening the future growth of the UK supply chain
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/VTYL9K/4O/h?a1=2013&a2=6&a3=14
 
Dublin to delay bank tests until 2014
Country also seeks a "prudential backstop" from bailout lenders should events derail plan to return to market financing this year
http://link.ft.com/r/UXDMSS/IEBFRD/A7P8KJ/SPFTIX/Q34ND6/4O/h?a1=2013&a2=6&a3=14
 
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