Press Round-up – January 17

January 17, 2012

S&P downgrades euro zone bailout fund
Standard & Poor’s on Monday stripped the eurozone’s rescue fund of its AAA credit rating, potentially constraining its ability to contain the region’s debt crisis and focusing attention on efforts to create a more robust successor.  (FT)

Press Round-up – January 16

January 16, 2012

Greece’s creditors seek end to deadlock
Greece’s international creditors are considering an appeal to French and German leaders to break a deadlock in negotiations over the size of the losses to be taken by banks and other bondholders as part of a 100 billion euros deal seen as crucial to bringing the country’s debt under control. (FT)

from Breakingviews:

RBS has tough fight to put value in wholesale arm

January 13, 2012

By Margaret Doyle

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from Breakingviews:

Tesco’s ambitions earthed by UK retail reality

January 13, 2012

By Edward Hadas

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Press Round-up – January 13

January 13, 2012

UniCredit cash call to hit core investors
Aabar, the Abu Dhabi investment fund, the Libyan Investment Authority and the Libyan Central Bank, all core investors in UniCredit, are expected to be heavily diluted in the 7.5 billion euros cash call by the Italian bank. (FT)

Today in the Newspapers – January 12

January 12, 2012

Osborne turns screw on RBS over bonuses
British finance minister George Osborne piled on the pressure for pay restraint at Royal Bank of Scotland, saying that he personally wanted to talk to the management before any bonuses were paid out in the coming months. (Times)

Today in the newspapers – January 11

January 11, 2012

EU to block DB-NYSE link
European competition officials have recommended blocking the tie-up between Deutsche Boerse and NYSE Euronext , the German and U.S. exchange operators, setting in motion three weeks of frantic lobbying to salvage the deal. (FT) (Times)

from John Lloyd:

No Union, please, we’re English

December 29, 2011

The opinions expressed are his own.

In France, it is les Anglais. In Germany, die Engländer. In Italy, gli Inglesi. In Russia, Anglichane.

from Breakingviews:

UK banks need government to solve funding squeeze

December 6, 2011

By George Hay
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.The Bank of England is tooling itself up. The UK central bank announced on Dec. 6 a new facility to help domestic lenders if the euro zone crisis causes a fully-fledged freeze in short-term funding markets. But banks may still need more help.

from Reuters Soccer Blog:

Time for UEFA to revert to goal difference in Champions League

December 6, 2011

My head is hurting after all the mathematics that has been needed to work out qualification chances in the Champions League.