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    Financial News from Reuters - UK Focus

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    • SAFT ON WEALTH-In praise of simplicity Reuters - UK Focus - 32 minutes ago

      (James Saft is a Reuters columnist. The opinions expressed arehis own.) May 24 (Reuters) - It is perhaps the single easiest rule ofthumb in investment: favor the simple over the complex. Complexity, whether ...

    • WRAPUP 4-U.S. economy trudges along as others falter Reuters - UK Focus - 41 minutes ago

      (Adds details, background, analyst comments) * Weekly jobless claims fall by 2,000 * Claims data points to moderate job growth in May * Manufacturing growth tapers off in May * Durable goods orders up, ...

    • * Bankia to present restructuring plan on Friday (Adds details throughout, background) MADRID, May 24 (Reuters) - Spanish lender Bankia will ask the state for more than 15 billion euros (US$19billion) ...

    • y and William Maclean inBaghdad, Marcus George and Isabel Coles in Dubai, ZahraHosseinian in Zurich, Fredrik Dahl in Vienna and Paul Eckert inWashington; Writing by Mark Heinrich and Jon Hemming; Editing ...

    • * Iran and P5+1 agree to meet in Moscow, June 18-19 * Major sticking points remain, but two sides still talking * Iran wants easing of sanctions before it makes concessions * Powers want Iran to take tangible ...

    • Gevo starts up first new plant, shares jump Reuters - UK Focus - 1 hour 16 minutes ago

      May 24 (Reuters) - Gevo Inc started production at aconverted ethanol plant in Minnesota, bringing on line theworld's first commercial-scale facility to make advancedbiofuels and renewable chemicals. Shares ...

    • GLOBAL MARKETS-Stocks eke out gains, euro falls Reuters - UK Focus - 1 hour 21 minutes ago

      * Wall Street sees late bounce for second day * Euro falls, dollar index touches 20-month high * German debt yields hit record low, U.S. yields up * Oil rise, gold flat after Wednesday's losses (Recasts, ...

    • US STOCKS-Tech pressures Nasdaq in volatile trading Reuters - UK Focus - 1 hour 28 minutes ago

      * Trading session again marked by late-day swings * NetApp shares slide nearly 15 pct, warns on Europe * HP shares up after announcing plans to cut jobs * Dow up 0.3 pct, S&P up 0.1 pct, Nasdaq down 0.4 ...

    • * Harbor RBOB gasoline down 2.00 cents/gallon * BP FCC shutdown boosts Gulf Coast gasoline * Chicago diesel falls on refinery selling (Updates with end-day price moves) NEW YORK, May 24 (Reuters) - Rising ...

    • UPDATE 11-Oil up as Iran talks extended, weak data eyed Reuters - UK Focus - 1 hour 49 minutes ago

      * Investors worry about complication in Iran talks * China factories falter in May, official data shows * German manufacturing shrinks at fastest rate in 3 years * U.S. durable goods data up, but less ...

    • MOVES-ING Investment Management, SVM Asset Management Reuters - UK Focus - 2 hours 10 minutes ago

      (Adds Euroclear) May 24 (Reuters) - The following financial services industryappointments were announced on Thursday. To inform us of otherjob changes, email to moves@thomsonreuters.com. EUROCLEAR The ...

    • FOREX-Euro just above 2-yr low vs dlr in volatile trade Reuters - UK Focus - 2 hours 19 minutes ago

      * German manufacturing PMI, Ifo surveys weak, weigh on euro * Concerns of potential Greek exit add to bearish outlook * Break below $1.25 could see move towards 2010 low (Updates prices, adds quote, tehcnicals) ...

    • GLOBAL MARKETS-Europe, slowing growth hurt stocks, euro Reuters - UK Focus - 2 hours 31 minutes ago

      * Global shares, fall on Europe, data; U.S. stocks slip * Euro falls, dollar index touches 20-month high * German debt yields hit record low, U.S. yields up * Oil, gold rise after Wednesday's losses (Recasts, ...

    • WRAPUP 5-Iran, big powers agree to meet again over nuclear dispute Reuters - UK Focus - 2 hours 42 minutes ago

      * Iran and P5+1 agree to meet in Moscow, June 18-19 * Major sticking points remain, but two sides still talking * Iran wants easing of sanctions before it makes concessions * Powers want Iran to take tangible ...

    • * Tiffany cuts FY EPS view by 25 cents to $3.70-$3.80 * Tiffany sees FY sales up 7-8 pct; previous view 10 pct * Signet sees Q2 EPS 78-84 cents vs Street view 90 cents * Tiffany shares down 7.7 pct; Signet ...

    • * Investors worry about complication in Iran talks * China factories falter in May, official data shows * German manufacturing shrinks at fastest rate for 3 years * U.S. durable goods data up less than ...

    • * Airlines have prepared scenarios for Greek euro exit * Walsh says ETS costing IAG 60 million euros * EU's highest court has ruled ETS law is valid (Adds quote, paragraph 11) BRUSSELS, May 24 (Reuters) ...

    • TREASURIES-Prices drift lower before long weekend Reuters - UK Focus - 3 hours ago

      (Updates prices, comment after auction, changes byline) NEW YORK, May 24 (Reuters) - U.S. Treasuries prices driftedlower on Thursday after a well-received auction of seven-yearnotes and as traders prepared ...

    • * Comptroller General says NAMA overpaid by 20 percent * Says so-called "bad bank" may struggle to recoup costs * Most borrowers paying less than expected to agency DUBLIN, May 24 (Reuters) - ...

    • * Cameron knew minister supported the deal beforeappointment * Takeover is key issue in Murdoch's role in Britain * New evidence puts pressure on Cameron and Hunt (Recasts after new evidence) LONDON, May ...

    • * Harbor RBOB gasoline down 1.25 cents/gallon * BP FCC shut down boosts Gulf Coast gasoline * Chicago diesel falls on refinery selling NEW YORK, May 24 (Reuters) - Rising supplies and lackluster demand ...

    • MONACO, May 24 (Reuters) - Force India expect Paul Di Restato stay with them next season but would be understanding if thehighly-rated British Formula One driver wanted to moveelsewhere, team owner Vijay ...

    • France's EDF aims to grow faster abroad Reuters - UK Focus - 4 hours ago

      * EDF wants to build up to four nuclear reactors in UK * Looking at thermal, solar, wind, hydroelectric projects PARIS, May 24 (Reuters) - French power group EDF told shareholders on Thursday that it planned ...

    • * HP shares up after announcing plans to cut jobs * NetApp shares slide nearly 15 pct, warns on Europe * Airlines rally on JPM price hikes * Indexes down: Dow, S&P 0.3 pct, Nasdaq 0.7 pct (Updates prices) ...

    • CORRECTED-DOLLAR EXTENDS GAINS VERSUS YEN TO HIT SESSIONHIGH-REUTERS DATA

    • YEN EXTENDS GAINS VERSUS DOLLAR TO HIT SESSION HIGH-REUTERS DATA

    • Airbus A380 wing flaw undetected for a decade Reuters - UK Focus - 4 hours ago

      * Wing cracks traced to innovative mix of materials * Airbus says changing alloy used in wing component * Data suggests repair bill rising towards 500 mln euros * Airbus reiterates goal to sell 30 A380s ...

    • * Wall Street stocks slip on weak growth data * Euro falls, dollar index near 20-month high * German debt yields hit record low, U.S. yields up * Oil, gold rise after Wednesday's losses (Recasts lead, ...

    • * Airlines have prepared scenarios for Greek euro exit * Walsh says ETS costing IAG 60 million euros * EU's highest court has ruled ETS law is valid (Adds quotes, context) BRUSSELS, May 24 (Reuters) - ...

    • HOUSTON, May 24 (Reuters) - BP Plc's 225,000barrel-per-day Cherry Point, Washington refinery was stilltargeting the end of May to return the refinery to fullproduction after a three-month shutdown for ...

    • * Trafigura will offer financial clout to JV * Deal will build Trafigura's physical presence in aluminummarket * Ormet rumored to want to expand through acquisitions (Updates, adds detail, background, ...

    • ZTE enters British video conferencing market Reuters - UK Focus - 4 hours ago

      May 24 (Reuters) - China's ZTE started sellingvideo conferencing equipment in Britain on Thursday throughlocal distributor Touchline Video UK, its first foray into thevideo conferencing market in Europe. ...

    • (Adds detail on policy) * Euro zone downturn deepens in May * Malaise taking root in core countries * U.S. manufacturing growth loses momentum, exports slow * China factory data suggests weak first-half ...

    • (Corrects paragraph 6 to show Sandberg said she sometimes getsanxious, not that she suffers from anxiety) BOSTON, May 23 (Reuters) - Facebook Chief OperatingOfficer Sheryl Sandberg spoke to Harvard University ...

    • (Recasts headline to fix reference to data, no change to text) * Investors worry about complication in Iran talks * China factories falter in May, official data shows * German manufacturing shrinks at ...

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