Europe Morning Headlines: Turkey’s politicians seek to ease tension, Brazil sl...
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Europe morning headlines
Wednesday June 05 2013
Financial Times - Europe homepage
Turkey's politicians seek to ease tension
The deputy prime minister, speaking on behalf of Erdogan, says the excessive use of force against the protesters was 'wrong and unjust'
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/OF722E/KI/h?a1=2013&a2=6&a3=5
Brazil slashes financial transactions tax
Government cuts tax from 6% to zero in move that signals concern that Brazil's currency is weakening too quickly against the dollar
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/LS20C9/KI/h?a1=2013&a2=6&a3=5
Twelve dead as floods hit central Europe
At least 12 deaths and thousands are evacuated from Czech Republic, Germany, Poland and Austria as Danube and Elbe rivers burst their banks
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/IE0887/KI/h?a1=2013&a2=6&a3=5
Apple faces US import ban over patents
Devices caught by ban are AT&T variants of iPhone 4, 3GS and 3G, as well as original iPad and iPad 2 which run on second-largest US mobile network
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/1OSEEU/KI/h?a1=2013&a2=6&a3=5
Asian shares extend losses on US fears
Fears continue over when the US Federal Reserve will start winding down its massive bond purchases, while Japanese stocks are mixed ahead of Prime Minister Abe's speech
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/RP4779/KI/h?a1=2013&a2=6&a3=5
Markets
Fed 'tapering' fears lift mortgage rates
The average rate on a US mortgage has soared above 4 per cent for the first time in more than a year, reflecting recent turmoil in the bond market
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/6A3RFV/KI/h?a1=2013&a2=6&a3=5
Rising debt load on buyouts hits ratings
Private equity firms use buoyant credit markets to load portfolio companies with more debt and make special payments to themselves
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/B4TU14/KI/h?a1=2013&a2=6&a3=5
Reits hit as global income party stalls
Speculation the Fed may taper its bond buying programme has sent credit yields higher, altering the dynamic for income-linked equity strategies
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/RP47M1/KI/h?a1=2013&a2=6&a3=5
Delta rises as US stocks close lower
S&P 500 rises 0.1% in mid-morning trading led by the telecom and consumer sectors, ahead of speeches by three Federal Reserve officials
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/EKGTHI/KI/h?a1=2013&a2=6&a3=5
World News - latest world news headlines - FT.com
France certain of sarin gas use in Syria
The White House responded to Laurent Fabius's statement saying the US wanted to examine more evidence about chemical weapons use in Syria
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/Q35ZZJ/KI/h?a1=2013&a2=6&a3=5
Erdogan backers pour scorn on protesters
The Turkish town of Cankiri, with seven voters out of 10 being faithful to the ruling party AKP, shows prime minister still commands popular support
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/3CR9S4/KI/h?a1=2013&a2=6&a3=5
MEPs bid to curb official Russian travel
48 MEPs signed an open letter to demand that Brussels implement its own version of US 'Magnitsky list', signed into law in December by President Obama
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/GY6BGJ/KI/h?a1=2013&a2=6&a3=5
Europe News - latest Europe news headlines - FT.com
Erdogan blames extremists as stocks fall
The sell-off accelerated as the PM accused protesters of walking 'arm-in-arm with terrorism' and the Republican People's party of an 'active' role in the unrest
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/87UNN6/KI/h?a1=2013&a2=6&a3=5
Brussels hardens stance on web access
Internet service providers would be prevented from blocking services for anti-competitive reasons under the EU telecoms commissioner 's plans
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/LS200Y/KI/h?a1=2013&a2=6&a3=5
Moscow mayor steals a march on rivals
Sobyanin quits two years early and calls a snap election in September, taking by surprise his potential rivals who include activist Navalny
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/HIOGG2/KI/h?a1=2013&a2=6&a3=5
UK leads Europe on inward investment
A survey finds the UK has won 697 projects in 2012, creating 30,300 jobs. But it warns Britain has to 'fight' to retain its lead in Europe
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/GY6BGX/KI/h?a1=2013&a2=6&a3=5
Watford puzzled as Bilderberg arrives
World leaders, diplomats, corporate heads and academics are about to descend on the Hertfordshire town for the three-day Bilderberg conference
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/T1X54L/KI/h?a1=2013&a2=6&a3=5
European companies
ABN Amro fights ruling on acquisitions
Dutch bank appeals to a Luxembourg court to overturn a Brussels ruling barring any acquisitions until the government sells its majority stake
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/NRZV2P/KI/h?a1=2013&a2=6&a3=5
Incoming Hermès chief rounds on LVMH
Dumas promises 'battle of our generation' over stake in his group held by its luxury goods rival, calling the holding 'neither desired nor desirable'
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/LS20CU/KI/h?a1=2013&a2=6&a3=5
MPs direct fire at Furse over FPC seat
Former LSE chief executive quizzed by MPs over her qualifications and preparation to join the Bank of England's new stability arm
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/JQC667/KI/h?a1=2013&a2=6&a3=5
Google expands renewable energy sourcing
Google has invested over $1bn in low-carbon power in recent years, including a $200m Texas wind farm deal and $280m in US solar projects
http://link.ft.com/r/H60H77/DXPL93/6VRT5E/30GPH2/LS20C3/KI/h?a1=2013&a2=6&a3=5
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