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  • European Banking Authority expected to widen scope of bonus cap and crack down on allowances

  • U.S., Europe seen unlikely to widen Russia sanctions if truce holds Reuters - UK Focus - Fri, Feb 27, 2015 21:45 GMT

    The United States and the European Union are unlikely to widen economic sanctions on Russia if a tentative cease-fire emerging in eastern Ukraine takes hold, Western diplomats said on Friday. Despite repeatedly saying that new U.S. or EU sanctions on Russia as well as U.S. lethal assistance for Ukraine remain on the table, …

  • Fed's Fischer says European situation improving -CNBC Reuters - UK Focus - Fri, Feb 27, 2015 20:42 GMT

    Federal Reserve Vice Chairman Stanley Fischer said the European economic situation is improving, and that the U.S. central bank is expected to raise interest rates sometime this year. In an interview with ...

  • Better earnings boost European shares after best start of year in decades Reuters - UK Focus - Fri, Feb 27, 2015 17:52 GMT

    LONDON/PARIS, Feb 27 (Reuters) - European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. The FTSEurofirst 300 index of top European shares closed up 0.4 percent at 1,559.88 points, its …

  • European stocks gained after Germany approved Greece's bailout extension and after a report showed German inflation rose expectedly in February.

  • Europe's big telecoms roar back to health, worrying rivals Reuters - UK Focus - Fri, Feb 27, 2015 16:58 GMT

    Europe's big telecom firms are back to rude financial health after years of poor results and regulatory pressure, drawing crowds of new investors and protests from rivals who worry the formerly state-owned companies may rebuild their monopolies. Germany's Deutsche Telekom (LSE: 0MPH.L - news) and Spain's Telefonica  …

  • Europe shares pause after best start of year in decades Reuters - UK Focus - Fri, Feb 27, 2015 14:58 GMT

    PARIS/LONDON, Feb 27 (Reuters) - European shares edged higher on Friday, pausing after their best start to the year since regional benchmarks began in late 1986, but still supported by positive earnings reports.

  • BoE paper says EU market plans don't need new supervisor Reuters - UK Focus - Fri, Feb 27, 2015 10:20 GMT

    The benefits from the European Union's planned capital markets union do not depend on putting in place a new, single regulator, a Bank of England research paper said on Friday. "CMU is a Single Market initiative and it has been linked by some commentators with calls for a single EU supervisor for financial market infrastructure," …

  • Buoyant Airbus helps Europe shares extend rally Reuters - UK Focus - Fri, Feb 27, 2015 08:10 GMT

    European shares inched higher on Friday, keeping their brisk two-month rally alive as Airbus rose 6 percent after posting a sharp rise in operating earnings. At 0804 GMT, the FTSEurofirst 300 index of ...

  • MORNING BID EUROPE-A daily note from our Economics/Politics Editor Reuters - UK Focus - Fri, Feb 27, 2015 07:55 GMT

    Germany's parliament will vote today on the extension of Greece's bailout by four months and will duly back it though we can expect some grumbling from a clutch of lawmakers. Angela Merkel's coalition has a big enough majority to win the vote in the Bundestag easily but many politicians, including Finance Minister Wolfgang …

  • Rentokil confident on year ahead but warns on Europe Reuters - UK Focus - Fri, Feb 27, 2015 07:19 GMT

    British support services firm Rentokil Initial said it was confident for the year ahead but cautioned some parts of Europe remained challenging, after it posted a 58.4 percent rise in underlying full-year ...

  • Morning MoneyBeat Europe: Record Week May Go Quietly, U.S. GDP Could Decide it The Wall Street Journal - Fri, Feb 27, 2015 06:38 GMT

    An historic week for stock markets, which has seen record highs for indexes in both Europe and the United States is set to bow out with a whimper as investors look to next month and the start of the European Central Bank's quantitative easing program and the U.S. earnings season winds down.

  • EU Bill Claim 'Not Supported By Facts' Sky News - Fri, Feb 27, 2015 01:58 GMT
    EU Bill Claim 'Not Supported By Facts'

    George Osborne's claim that he halved a £1.7bn EU surcharge in negotiations last year is "not supported by the facts", according to a report. Labour described the report by the cross-party House of Commons Treasury Committee as "damning", and called on the Chancellor to apologise. Chris Leslie, the party's Treasury spokesman, …

  • UK's Osborne went too far with claims of EU bill victory, say MPs Reuters - UK Focus - Fri, Feb 27, 2015 00:01 GMT

    British finance minister George Osborne went too far with claims of victory in a row with the European Union over an increase in Britain's funding of the bloc, a group of lawmakers said on Friday. Last November, Osborne announced he had halved a surprise 2.1 billion-euro bill from the EU resulting from changes in the way …

  • Food and beverages firms push European stocks to new highs Reuters - UK Focus - Thu, Feb 26, 2015 17:32 GMT

    Germany's DAX set a new life-time high, the pan-European FTSEurofirst 300 and the broader STOXX 600 share indexes climbed to their highest level in more than seven years, and France's CAC touched its highest level since mid-2008. The STOXX Europe 600 Food and Beverages index advanced 2.2 percent, the top sectoral gai …

  • The European Central Bank's quantitative easing measures will indirectly increase European pension liabilities by €92bn, according to Standard & Poor's.

  • EU asks WTO to help settle trade dispute with Russia

    The EU says Russia's "excessive" duties are costing the bloc 600 million euros annually

  • Anti-EU challenger fights Britain's Conservatives on the beaches Reuters - UK Focus - Thu, Feb 26, 2015 15:27 GMT

    Thanet, a spur of southern England jutting into the North Sea, has been run by Prime Minister David Cameron's Conservative Party for 117 of the last 130 years. This year however, upstart right-wing challenger UKIP thinks it can grab it on May 7. The loss of local jobs, angst about immigrants and dented national pride …

  • European stocks set new multi-year highs, InBev helps Reuters - UK Focus - Thu, Feb 26, 2015 15:26 GMT

    Belgium-based InBev rose 3.2 percent after proposing a total dividend of 3.00 euros for 2014, a jump from 2.05 euros for 2013, and detailing a $1-billion share buyback plan. Greek banks also fell on fears that the country will not be able to make debt repayments to the IMF and the European Central Bank this year.

  • Mining shares push European stocks to new multi-year highs Reuters - UK Focus - Thu, Feb 26, 2015 12:48 GMT

    "Metals prices are stabilising and inducing a lot of investors to buy mining stocks. I am cautiously optimistic on the sector as things are looking better than they were a couple of months ago," BNP Paribas Fortis Global Markets head of research in Brussels, Philippe Gijsels, said. According to Thomson Reuters charts, …

  • EU lawmakers back revamp of money market funds Reuters - UK Focus - Thu, Feb 26, 2015 11:31 GMT

    Europe's money market funds will not have to hold costly capital to shield them from financial shocks following a vote by European Union lawmakers to soften proposed new rules for the trillion-euro industry. The new regulations are designed to ensure stability in money market funds, which are used by companies and investors …

  • European stocks gained as Greece said €700m was returned to its banks after Eurozone creditors approved its four-month bailout extension.

  • European shares steady after mixed earnings Reuters - UK Focus - Thu, Feb 26, 2015 09:17 GMT

    European stocks were steady in early trading on Thursday, taking a breather from a sharp two-month rally, with Allianz falling after its dividend rise disappointed. Shares in Europe's largest insurer fell ...

  • Morning MoneyBeat Europe: Caution to Reign Despite New Dow Record The Wall Street Journal - Thu, Feb 26, 2015 07:05 GMT

    Another cautious open is expected for European mainboards despite yet another record-high close for the Dow in New York Wednesday.

  • European stocks climbed after better-than-estimated German data on unemployment and consumer confidence.

  • UK lawmakers demand new EU rules on genetically modified crops Reuters - UK Focus - Thu, Feb 26, 2015 00:01 GMT

    EU rules that prevent genetically modified crops from being grown in the UK, even after they pass rigorous safety tests, are not fit for purpose and should be totally reformed, British lawmakers said on Thursday. Members of parliament's science and technology committee said the EU regulation is driven more by politics …

  • Google unveils reorganization in Europe AFP - Wed, Feb 25, 2015 23:05 GMT
    Google unveils reorganization in Europe

    Google said Wednesday it was launching a reorganization of its European operations in the face of a tougher regulatory environment

  • EU and U.S. struggle to resolve derivatives clearing dispute Reuters - UK Focus - Wed, Feb 25, 2015 21:30 GMT

    European Union and U.S. negotiators are struggling to move past some stumbling blocks in talks over mutually acceptable rules for derivatives clearing houses, two people familiar with the talks said. Negotiators ...

  • France gets until 2017 to meet EU deficit rules AFP - Wed, Feb 25, 2015 20:18 GMT
    France gets until 2017 to meet EU deficit rules

    EU economic and financial affairs commissioner Pierre Moscovici (R) and European Commission vice-president Valdis Dombrovskis give a press conference on February 25, 2015 at the EU Parliament in Brussels...

  • EU calls for treaty to avoid transatlantic regulatory spats Reuters - UK Focus - Wed, Feb 25, 2015 20:00 GMT

    Transatlantic spats over regulating banks and markets could be avoided under a treaty-based system of cooperation, the European Union's financial services chief said on Wednesday. The EU and United States are locked in talks over the finer details of recognising each other's rules on clearing houses for derivatives, part …

  • Money market funds set for partial reprieve in EU vote - document Reuters - UK Focus - Wed, Feb 25, 2015 18:54 GMT

    The industry and corporate treasurers have said that such a buffer would make CNAV or constant net asset value funds, uneconomic. Following intense negotiations in the European Parliament over the past week, a cross-party compromise has been reached on CNAVs, the document showed. Ahead of vote in parliament's economic …

  • EU and US struggle to resolve derivatives clearing dispute Reuters - UK Focus - Wed, Feb 25, 2015 17:36 GMT

    European Union and U.S. negotiators are struggling to move past some stumbling blocks in talks over mutually acceptable rules for derivatives clearing houses, two people familiar with the talks said. Negotiators hope to reach a deal by June 15, when new capital requirements kick in for European banks that would make it …

  • European stock rally pauses after mixed corporate results Reuters - UK Focus - Wed, Feb 25, 2015 17:22 GMT

    European shares edged lower on Wednesday as mixed corporate results halted a rally that had propelled both Britain's FTSE 100 and Germany's DAX to record highs. Shares in British engineer Weir Group featured ...

  • New EU privacy rules to allow challenges to Irish regulator Reuters - UK Focus - Wed, Feb 25, 2015 15:13 GMT

    Ireland will not retain sole control over privacy disputes involving companies such as Facebook (NasdaqGS: FB - news) and Apple (NasdaqGS: AAPL - news) under new rules agreed on Wednesday allowing any of its European peers to challenge Irish rulings. Under a "one-stop-shop" mechanism initially proposed in reforms of …

  • EU unveils plans for historic single energy market AFP - Wed, Feb 25, 2015 14:41 GMT
    EU unveils plans for historic single energy market

    The European Union imported 53 percent of its energy needs last year at a cost of 400 billion euros ($455 billion), a dangerous vulnerability in itself at a time of growing global insecurity, not least ...

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