Europe Morning Headlines: Samsung Q2 profits disappoint market, Crackdown on B...

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/YIQXNN/A5HEAA/7CSH0N/UU4QGA/   Europe morning headlines Friday July 05 2013 Financial Times - Europe homepage   Samsung Q2 profits disappoint market Samsung Electronics said operating profit for Q2 would be lower than analyst expectations, at about Won9.3-9.7tn http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/MJ7H13/GX/h?a1=2013&a2=7&a3=5   Crackdown on Brotherhood intensifies Demoralised and leaderless, Islamists struggle to react to Morsi's overthrow as their organisation considers its future in politics http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/6AUYW3/GX/h?a1=2013&a2=7&a3=5   Bolivia may close US embassy over jet incident President Evo Morales has lambasted the US for allegedly pressuring European countries to rescind permission for his plane to enter their airspace http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/NRMBLN/GX/h?a1=2013&a2=7&a3=5   China drug audit gives pharmas the chills Local industry executives stress the inquiry is the latest in a regular series, which set an upper ceiling price for all patented and generic drugs http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/T1DC6P/GX/h?a1=2013&a2=7&a3=5   Batista begins shake-up of troubled empire The restructuring of the group, once the brash symbol of a booming Brazil, is expected to leave the billionaire with rump assets worth only about $1bn-$2bn http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/SUK0GK/GX/h?a1=2013&a2=7&a3=5   Markets   Dovish central banks trigger share surge Amid thin trading on the US holiday, European stocks rally as traders are caught on the hop by BoE and ECB policy comments http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/52PDWV/GX/h?a1=2013&a2=7&a3=5   Asos hits high as FTSE gains on BoE Banks led the wider market higher after the Bank of England signalled a growing concern about rising market interest rates http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/Z8SM2F/GX/h?a1=2013&a2=7&a3=5   World News   Egypt's economy is main challenge Country's chronic financial woes have deepened dangerously, leaving new government in desperate need of cash, structural reforms and breathing space http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/20FWM8/GX/h?a1=2013&a2=7&a3=5   Pious general beyond Brotherhood control Although many in Egypt's military are religiously observant, it remains nationalist, modernist and suspicious of the concept of the Islamic nation http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/9MTQD6/GX/h?a1=2013&a2=7&a3=5   EU threatens to halt data sharing with US Home affairs commissioner says bloc will halt access to financial transaction and airline passenger information if Americans break security laws http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/IEVUNQ/GX/h?a1=2013&a2=7&a3=5   US non-farm payrolls likely to disappoint Recent economic reports from the US have been mixed, making a job market disappointment more likely than a number well ahead of forecasts http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/SUK0GJ/GX/h?a1=2013&a2=7&a3=5   Europe News   Portugal 'finds formula' to avert collapse Pedro Passos Coelho, Portugal's prime minister, said Lisbon's two ruling coalition parties had 'found a formula to maintain government stability' http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/FDONSZ/GX/h?a1=2013&a2=7&a3=5   Sarkozy quits legal council over funding Decision by the constitutional council amounts to a humiliating rebuke to the former president and threatens a financial crisis for centre-right UMP http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/OF5GLQ/GX/h?a1=2013&a2=7&a3=5   IMF urges ECB to do more to help Italy After more than two years of recession, unemployment was 'unacceptably high', the IMF said, predicting a slow turnround only at the end of this year http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/Q3W6HY/GX/h?a1=2013&a2=7&a3=5   Spain set to spruce up banks with deferred tax change Spanish banks are pressing Madrid to let them reclassify billions of euros in deferred tax assets and make their balance sheets appear much stronger http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/K9AL37/GX/h?a1=2013&a2=7&a3=5   Draghi brings experimental edge to ECB Central bank's forward guidance gives it wiggle room, as it pledged to keep interest rates low for an "extended period" http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/EK6F98/GX/h?a1=2013&a2=7&a3=5   European Companies News   Ex-police chief to chair Finmeccania Appointment of former security official with no business experience seen as part of commitment to clean up conglomerate http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/9MTQDH/GX/h?a1=2013&a2=7&a3=5   Chinese antitrust: older and bolder China launches probe into drug industry pricing but the real issue is whether this is thin end of antitrust wedge for multinationals in the country http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/WHEAC0/GX/h?a1=2013&a2=7&a3=5   Kerviel loses plea for fresh SocGen inquiry Jérôme Kerviel suffered a fresh blow as the former Société Générale rogue trader lost a plea for a new expert inquiry to help overturn his dismissal http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/3CNX5C/GX/h?a1=2013&a2=7&a3=5   Aer Lingus diverts passengers to Dublin In the first half of this year the airline recorded a 36% rise in the number of UK passengers using Dublin to travel to North America http://link.ft.com/r/YIQXNN/52S1OZ/QFZDL0/520ZYR/XBQZC3/GX/h?a1=2013&a2=7&a3=5   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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