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Thursday 24 May 2012
SEC, FINRA to review Facebook issues, Nasdaq sued
(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq.
British government considers Iran war options - BBC
LONDON (Reuters) - British government ministers are discussing what role the country could play in a possible military confrontation in the Middle East over Iran's nuclear programme, the BBC reported on Wednesday.
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Pakistani doctor jailed for helping CIA find bin Laden
PESHAWAR, Pakistan (Reuters) - Pakistani authorities have sentenced a doctor accused of helping the CIA find Osama bin Laden to 33 years in jail on charges of treason, officials said, a move almost certain to further strain ties between Washington and Islamabad.
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April inflation hits lowest in more than two years
LONDON (Reuters) - Inflation fell to its lowest in more than two years in April, raising the prospect that the Bank of England will be able to inject more stimulus later this year to support the economy.
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Spain struggles to meet regions' 36 billion-euro debts
MADRID (Reuters) - Top Spanish officials are at odds over how to help the country's highly indebted regions refinance 36 billion euros (29 billion pounds) of debt this year, government sources told Reuters on Wednesday.
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Dutch MP moves to block approval of EU bailout fund
AMSTERDAM (Reuters) - Dutch politician Geert Wilders, who aims to turn a September 12 election into a referendum on the euro and EU membership, filed a lawsuit on Tuesday aimed at postponing the Dutch parliament's ratification of Europe's permanent bailout fund until after the vote.
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Hollande set for EU summit showdown with Merkel
BRUSSELS (Reuters) - European leaders will explore ways of breathing life into their stricken economies at a summit on Wednesday, but the issue of euro-zone bonds and whether they can help alleviate two years of debt turmoil will dominate the meeting.
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Facebook, banks sued over pre-IPO analyst calls
(Reuters) - Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion (10.19 billion pounds) initial public offering.
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Iran's Ahmadinejad to visit as China slams new sanctions
BEIJING (Reuters) - Iranian President Mahmoud Ahmadinejad will visit China in June for a security summit and discuss his country's disputed nuclear programme with Chinese President Hu Jintao, a senior diplomat said on Wednesday, criticising new sanctions aimed at Iran.
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IAEA chief says nears deal with Iran ahead of six-power talks
VIENNA (Reuters) - The U.N. nuclear watchdog director said on Tuesday he expected to sign a deal with Iran soon to unblock an investigation into suspected work on atom bombs, potentially brightening prospects for big-power talks with Tehran to stop a drift toward conflict.
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Stage set for Hollande-Merkel showdown at EU summit
BRUSSELS (Reuters) - European leaders will try to breathe life into their stricken economies at a summit over dinner on Wednesday, but disagreement over a plan for mutual bond issuance and other measures to alleviate two years of debt turmoil has already been laid bare.
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