EU Reporter News

Spain’s pain becomes Europe’s big fear

Fri, 18 May 2012 19:52:16 GMT

Fears about contagion from Greece and worries about the health of Spanish banks have shifted the focus of the crisis from Athens to Madrid

Facebook IPO: Mark Zuckerberg becomes $19billion wealthier as 100m shares sold in FIVE minutes

Fri, 18 May 2012 19:51:10 GMT

Facebook founder and CEO Mark Zuckerberg rang in as much as $20billion in wealth this morning as Facebook went public under Nasdaq symbol 'FB,' eight years after he created it in his Harvard dorm room.

Facebook off to faltering public start

Fri, 18 May 2012 19:42:57 GMT

Glitches delayed the opening of trading and underwriters had to intervene to prevent the group’s shares falling below the $38 price set on Thursday

Facebook boy wonder comes of age on Wall St

Fri, 18 May 2012 19:36:02 GMT

The creator of the most visited website on the internet has gone from dorm room prankster to admired chief executive, says April Dembosky

China linked to ‘economic espionage’

Fri, 18 May 2012 19:00:25 GMT

The Pentagon report says the country will continue to be an ‘aggressive and capable’ collector of sensitive US technological information

Platini challenge to Merkel

Fri, 18 May 2012 18:45:00 GMT

Despite Western threats of a Euro soccer boycott, UEFA President Michel Platini tells CNN he is confident Angela Merkel would attend a German victory in Ukraine.

Obama ground forces braced for air war

Fri, 18 May 2012 18:35:18 GMT

President’s team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs

Obama ground forces brace for air war

Fri, 18 May 2012 18:35:18 GMT

President’s team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs

G8 leaders urged to focus talks on growth

Fri, 18 May 2012 18:34:42 GMT

Barack Obama says the summit of the world’s leading economies will focus on ways to promote growth in Europe and backed fiscal consolidation efforts

US launches $3bn food security effort

Fri, 18 May 2012 18:34:42 GMT

Barack Obama kicked off the G8 meeting by announcing private sector funding aimed at improve food security in the developing world

PepsiCo chief faces activist pressure

Fri, 18 May 2012 18:14:28 GMT

Questions rose this week about Indra Nooyi’s determination to stick to a strategy that keeps the US drinks and snacks group as a single entity

PepsiCo chief sees strength in unity

Fri, 18 May 2012 18:14:28 GMT

Questions rose this week about Nooyi’s determination to stick to a strategy that keeps the US drinks and snacks group as a single entity

Facebook IPO: Mark Zuckerberg becomes $19billion wealthier as Facebook IPO goes to market at $38 a share

Fri, 18 May 2012 17:58:14 GMT

Costa Concordia to be raised from sea bed

Fri, 18 May 2012 17:45:00 GMT

Salvage experts outlined their plan Friday to raise the wrecked Costa Concordia cruise liner from the sea floor off Italy in one piece and tow it from the disaster site.

Does Spain deserve its battering?

Fri, 18 May 2012 17:45:00 GMT

The events of the past few weeks have made increasingly probable what was once considered impossible: Greece may exit the euro.

Mille Miglia: 1,000 miles of terror

Fri, 18 May 2012 17:45:00 GMT

"It was the only race that frightened me, actually," motorsport legend Stirling Moss says of Italy's historic endurance rally -- the Mille Miglia.

Hotels trial finds room for Blair and Bono

Fri, 18 May 2012 17:24:50 GMT

McKillen tells court of meetings with former Labour prime minister as suit against the Barclay brothers enters its final phase

Hotels case with bit-parts for Blair and Bono

Fri, 18 May 2012 17:24:50 GMT

McKillen tells court of meetings with former Labour prime minister as suit against the Barclay brothers enters its final phase

Hollande plays up image as ‘Mr Normal’

Fri, 18 May 2012 15:55:12 GMT

New French president seeks to fulfil his promise to voters after the ‘bling-bling’ image of his unpopular predecessor Nicolas Sarkozy

Spike Milligan epitaph: Gravestone quip is nation's favourite

Fri, 18 May 2012 15:50:16 GMT

Milligan’s (pictured) words of wisdom beat Oscar Wilde’s ‘Either those curtains go or I do’ and Frank Sinatra’s ‘The best is yet to come’, in a new poll.

'Vicky Pollard' teenager thrown off train after horrifying passengers with brazen conversation about making sex tape

Fri, 18 May 2012 15:41:22 GMT

The woman, in her early 20s or late teens, was caught on camera as she talked loudly on her mobile phone during a journey to the leafy spa town in Kent on Monday.

Teenage girl convinced the world will end after researching doomsday disasters online kills herself

Fri, 18 May 2012 14:49:57 GMT

Schoolgirl Isabel Taylor, 16, from Neston, Wiltshire, believed a nuclear reactor meltdown would end civilisation in the coming months.

Facebook fails to fizz on opening

Fri, 18 May 2012 14:42:28 GMT

Some experts expect volatile trading after the initial jump in the opening price of the social networking company

Facebook shares open at $42.05 a share

Fri, 18 May 2012 14:42:28 GMT

Some experts expect volatile trading after the initial jump in the opening price of the social networking company

Merkel urges Greece to resolve instability

Fri, 18 May 2012 14:30:00 GMT

German Chancellor Angela Merkel told Greece's president Friday she hoped the uncertainty over its government would be resolved as soon as possible, a German government spokeswoman said.

Spain hit by rise in bad bank loans

Fri, 18 May 2012 14:16:52 GMT

Value of bad loans held by banking sector increased by a third over the last year to €148bn, and accounted for 8.4% of their entire loan portfolios

Aspiring model, 23, used stolen credit cards to pay for thousands of pounds of cosmetic surgery

Fri, 18 May 2012 13:08:04 GMT

Faileigh Cooper, 23, of Battersea, southwest London, splashed £6,850 on liposuction and lip enhancements in a bid to bolster her fledgling career with around £4,000 coming from stolen card.

Facebook IPO: Social network set to create 1,000 millionaires

Fri, 18 May 2012 12:38:44 GMT

Mark Zuckerberg, pictured, who created Facebook at university eight years ago, is likely to become one of the world’s richest men.

Bank concerns after downgrade in Spain

Fri, 18 May 2012 12:15:00 GMT

Spain's government is expected to call for calm Friday, a day after rating agency Moody's downgraded 16 Spanish banks in the latest sign of distress in Europe.

Spain taps Goldman to value Bankia

Fri, 18 May 2012 11:52:33 GMT

US investment bank will advise on the recapitalisation of the part-nationalised bank, with analysts predicting it will need up to €15bn in new equity