Tuesday, May 21, 2013
 
 

By Kate Holton and Paul Sandle

LONDON (Reuters) - Vodafone posted the largest ever fall in its main revenue measure on Tuesday, forcing it to keep a dividend from its healthy U.S. arm to compensate for a slump in southern Europe.

The world's second largest mobile operator, at the center of intense speculation as to whether it will sell its s   [READ MORE]
 
 
DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for the low rate of tax paid by Apple Inc <AAPL.O> after a U.S. Senate report said the company had kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes on it.

They are not issues that ari...   [READ MORE]
By Anirban Nag

LONDON (Reuters) - The dollar rose against the yen on Tuesday after a Japanese minister clarified remarks about the yen's drop, but many awaited the Federal Reserve chief's testimony before adding to bets on a stronger U.S. currency.

Speculation...   [READ MORE]
 
By Ayai Tomisawa

TOKYO (Reuters) - Japan's Nikkei share average edged up to a fresh 5-1/2-year high on Tuesday, reversing earlier losses, as retail investors scooped up underperforming stocks such as Sharp Corp <6753.T> and Tokyo Electric Power Co Inc <9501.T>.

...   [READ MORE]
 
By Marc Jones

LONDON (Reuters) - The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S. Federal Reserve will give any signal on the future of its stimulus program.

The dollar <.DXY>...   [READ MORE]
 
By Nishant Kumar

HONG KONG (Reuters) - The Asian prime brokerage unit of Credit Suisse <CSGN.VX> has replaced Morgan Stanley <MS.N> as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed.

The annual survey ...   [READ MORE]
 
By Matthew Mpoke Bigg and Kwasi Kpodo

ACCRA (Reuters) - Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse.

Ghana is used to resourc...   [READ MORE]
 
 
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