CORRECTED-(OFFICIAL)-UPDATE 1-Dubai Group sees $10 bln restructuring in six weeks

Thu May 9, 2013 6:26am EDT (Removes reference to creditors taking equity stake after company corrects earlier statement, and says creditors will not receive any equity) * Expects to sign debt deal in six weeks - parent's CEO * Company to...

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Update-Moody's:Prime Money Market Funds' profiles weaken in first quarter

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RPT-Fitch Assigns Nqaba Finance 1 Expected Ratings; Affirms Existing Notes

Thu May 9, 2013 6:44am EDT May 9 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has assigned Nqaba Finance 1 (RF) Limited's (Nqaba Finance 1) additional floating-rate notes (FRN) National Long-term expected...

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RPT-Euro rises after German industry data, Bunds pare gains

Wed May 8, 2013 6:12am EDT LONDON May 8 (Reuters) - The euro rose to a session high against the dollar and Bund futures paired gains on Wednesday after German industrial output rose more than expected in March.The euro rose to $1.3145 from $1.3123...

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Update-Moody's changes Eco-Bat's outlook to negative from stable

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WRAPUP 1-China opens new front in war as yuan speculation distorts export data

Wed May 8, 2013 6:46am EDT * Economists suspect trade data conceals speculative inflows * PBOC signals it will intensify mop up of speculative funds * C.bank to issue 3-month bills for first time since 2011 * Investors trying to cash...

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IMF's Lagarde urges all euro members to push for banking union

AMSTERDAM | Tue May 7, 2013 6:21am EDT AMSTERDAM May 7 (Reuters) - For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday."You...

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UPDATE 1-German FinMin softens stance on EU banking union

Tue May 7, 2013 5:56am EDT By Stephen Brown BERLIN May 7 (Reuters) - German Finance Minister Wolfgang Schaeuble signalled a softening of his stance on a European banking union on Tuesday, saying the euro zone should press ahead on the basis...

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RPT-Fitch affirms Angola at 'BB-'; positive outlook

Tue May 7, 2013 6:53am EDT May 7 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed Angola's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook....

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GLOBAL MARKETS-Dollar firmer, stock rally pauses after U.S. data

Mon May 6, 2013 6:14am EDT * Dollar gains vs yen on jobs data, test of 100 seen * World share gains stall in holiday-affected trade * Commodities stronger, oil gains on Syrian tension By Richard Hubbard LONDON, May 6 (Reuters) - The...

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Bankers whisper: Spain's bailout bill could rise

By Sarah White MADRID | Mon May 6, 2013 6:19am EDT MADRID May 6 (Reuters) - Spain's bill to bail out its banks may yet rise, some bankers and analysts fear, as a worsening economy hampers the government's early attempts to sell off nationalised...

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BRIEF-Buffett says U.S. economy gradually improving, helped by Bernanke--CNBC

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Audi needs clarity on laws before decision on Brazil plant-CEO

PUEBLA CITY, Mexico | Sat May 4, 2013 9:19pm EDT PUEBLA CITY, Mexico May 4 (Reuters) - Volkswagen AG's Audi premium brand will not build a vehicle assembly plant in Brazil until the laws governing what exactly is required to ensure a car is considered...

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INSIGHT-Egypt opposition can't harvest Brotherhood unpopularity

Sun May 5, 2013 3:50am EDT * Secular parties split on Mursi, elections, IMF * Salafi Nour party gaining on anger at Brotherhood * Some Egyptians look to army By Paul Taylor and Yasmine Saleh CAIRO, May 5 (Reuters) - It's harvest time...

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Kuwait March bank lending growth picks up slightly

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GLOBAL MARKETS-Shares pause as U.S jobs report looms, euro gains

Fri May 3, 2013 5:19am EDT * World shares flat as investors await U.S. jobs report * Euro recovers from ECB rate cut sell-off * Euro zone bond yields ease as ECB move boosts demand * Central bank action supports commodities By Richard...

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EU sees deeper euro zone recession in 2013, slower deficit cuts

Fri May 3, 2013 5:02am EDT * France seen in small recession in 2013 * Greek economic contraction seen marginally smaller * France, Portugal, Italy to cut deficits more slowly By Jan Strupczewski BRUSSELS, May 3 (Reuters) - The euro...

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Update-Moody's downgrades ratings on the two junior notes in Spanish Unicaja Banco ABS SME transaction

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RPT-Slovenia reopens books for crucial dollar bond issue

Thu May 2, 2013 5:03am EDT By Davide Scigliuzzo LONDON May 2 (Reuters) - Slovenia returned to the bond market on Thursday, seeking offers for a dual-tranche U.S. dollar issue at a slightly higher premium than initially intended, following...

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EURO GOVT-French yields at record low as ECB rate cut eyed

Thu May 2, 2013 6:15am EDT * ECB expected to cut refi rate to record low 0.5 pct * Rate cut could prompt profit-taking in Bunds - traders * Italy, Spanish bond yields fall * Slovenia bond sale in focus after ratings cut By Emelia Sithole-Matarise...

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PRESS DIGEST-Canada-May 2

Thu May 2, 2013 6:19am EDT May 2 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * Canadian banks and other...

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UPDATE 1-Thousands rally against European austerity in May Day protests

Wed May 1, 2013 5:46am EDT By Renee Maltezou and Clare Kane ATHENS/MADRID May 1 (Reuters) - Trains and ferries were cancelled and hospital staff walked off the job in Greece on Wednesday and thousands were due to demonstrate across Spain...

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UPDATE 1-Fund set to win stake in Greece's OPAP after higher bid

Wed May 1, 2013 6:00am EDT * Emma Delta sole bidder for a 33 pct stake * Czech-Greek fund initially offered 622 mln euro * Had until May 1 to improve bid * Privatisation agency to meet 1100 GMT to decide on offer ATHENS, May 1 (Reuters)...

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RPT-Fitch: New Italian Government Faces Economic, Reform Challenges

Wed May 1, 2013 6:21am EDT (Repeat for additional subscribers) May 1 (Reuters) - (The following statement was released by the rating agency) The formation of a new government is positive for Italy, but the sovereign has very limited fiscal...

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