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China's Lenovo buys and diversifies to outshine PC rivals
ReutersBy Lee Chyen Yee and Umesh Desai HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take...Tags: China, Nokia Corp., Hong Kong, Corporate Performance, Lenovo Group, Ltd.
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OTP seeks growth abroad, sees consolidation at home
ReutersBUDAPEST (Reuters) - Half of Hungary's largest banks could come up for sale in the next few years in a long-overdue consolidation, with OTP Bank , the country's biggest bank by assets, potentially one of the buyers, its chief executive told Reuters in...Tags: European Union, Money and Monetary Policy, Belgium, Viktor Orban, Central Bank
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Dortmund's Goetze out of Champions League final
ReutersLONDON (Reuters) - Borussia Dortmund midfielder Mario Goetze will miss Saturday's Champions League final against Bayern Munich due to a thigh muscle injury, the Bundesliga club said on Wednesday. The versatile 20-year-old German international, who will...Tags: Human Interest
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ECB's Weidmann tells France: Don't repeat budget mistakes
ReutersPARIS (Reuters) - France must step up reforms to rein in its budget deficit, Bundesbank chief Jens Weidmann said in a magazine interview, urging Paris to avoid repeating "the mistakes of the past." The European Commission has proposed that EU states...Tags: European Union, European Central Bank, Public Finance, Weather Reports, Foreign Exchange Market
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EU leaders talk tough on tackling Amazon, Google over taxes
ReutersBRUSSELS (Reuters) - Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful. At a summit to...Tags: Summits, Francois Hollande, Starbucks Corp., G20, Angela Merkel
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UPDATE 1-Cycling-Road-Giro d'Italia classification after stage 17
ReutersMay 22 (Infostrada Sports) - Classification from Giro d'Italia after Stage 17 on Wednesday 1. Vincenzo Nibali (Italy / Astana) 73:11:29" 2. Cadel Evans (Australia / BMC Racing) +1:26" 3. Rigoberto Uran (Colombia / Team Sky) +2:46" 4. Michele...Tags: Taylor Phinney, Tom Danielson, France, Arnold Jeannesson, Paolo Tiralongo
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GLOBAL MARKETS-Asian stocks supported by Fed reassurance; BOJ stands pat
Reuters* Some Asian stock markets buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon * BOJ keeps policy unchanged as expected * JGB futures dip after BOJ, Nikkei stays firm By Masayuki Kitano and Vidya...Tags: Nikkei, Central Bank, Foreign Exchange Market, Auto Trends, Shinzo Abe
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Bayern defender Badstuber out for 10 months after surgery
ReutersBERLIN (Reuters) - Bayern Munich defender Holger Badstuber faces up to 10 months on the sidelines but should play again after undergoing surgery on a serious knee injury for the second time in six months, the Champions League finalists said on Wednesday....Tags: FIFA World Cup, London Theatre
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REFILE-Talisman's faulty Yme platform to go in 2014
Reuters* New development plan for Yme field seen in 2014-2015 * No new cost estimate yet for the project - Talisman Energy * Yme costs $2.4 bln so far, nearly triple original costs By Gwladys Fouche OSLO, May 22 (Reuters) - Talisman Energy expects to...Tags: Talisman Energy Incorporated, BP Plc, Petroleum Industry
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Mercedes dealer review opens home front in luxury war
ReutersFRANKFURT (Reuters) - How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part of the cost gap Daimler wants to close with its premium rivals. Among...Tags: Services and Shopping, Volkswagen, Luxury Vehicles, Sales, BMW
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Weak luxury goods stocks push European shares off peaks
Reuters* FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 falls 0.5 pct * Some traders sell positions ahead of Bernanke speech * Traders expect any pullback to be relatively minor * Burberry fall knocks back luxury goods sector By Sudip Kar-Gupta LONDON, May 22...Tags: Money and Monetary Policy, Derivative Securities, Credit Ratings, Central Bank, Ben Bernanke
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Hungary Wagner festival will not "Ring" in composer's birthday
ReutersBy Michael Roddy BUDAPEST, May 22 (Reuters) - Opera companies throughout the world are staging Richard Wagner's "Ring" cycle this year to fete his 200th birthday on May 22, but Hungarian conductor Adam Fischer is having no part of it during his "Wagner...Tags: Lobbying, Music, Festive Events, Budapest (Hungary), Music Industry
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