Airbus first quarter core profit down 52 percent, reaffirms targets

PARIS (Reuters) – Europe’s Airbus on Thursday posted a 52 percent drop in first-quarter profit, weighed down by weaker prices for some jets as it changes over to new models and higher production costs, but reaffirmed targets for higher profits for the year.

from Reuters: Top News http://uk.reuters.com/article/uk-airbus-results-idUKKBN17T0JM?feedType=RSS&feedName=topNews

Deutsche Bank first quarter profit surges on debt trading

FRANKFURT (Reuters) – Deutsche Bank posted a 143 percent rise in first-quarter net profit to 575 million euros (£487.27 million), benefiting from lower legal costs for past misdeeds and a rebound in debt trading.

from Reuters: Top News http://uk.reuters.com/article/uk-deutsche-bank-results-idUKKBN17T0K6?feedType=RSS&feedName=topNews

Hooded youths in Venezuela mar opposition efforts at peaceful protest

CARACAS (Reuters) – Protesters blocked a highway in Venezuela’s capital Caracas for nearly eight hours this week in an effort to show the opposition’s dedication to civil disobedience as their main tool to resist President Nicolas Maduro.

from Reuters: Top News http://uk.reuters.com/article/uk-venezuela-politics-violence-idUKKBN17T0HI?feedType=RSS&feedName=topNews

Push for South China Sea code stirs ASEAN suspicions about Beijing’s endgame

MANILA (Reuters) – China’s support for finalising a code of conduct in the hotly contested South China Sea is generating some hope in Southeast Asia of settling disputes, but those working out the terms remain unconvinced of Beijing’s sincerity.

from Reuters: Top News http://uk.reuters.com/article/uk-southchinasea-asean-analysis-idUKKBN17T0AB?feedType=RSS&feedName=topNews

UK tourism set for boost from weak pound and “staycationers” – survey

LONDON (Reuters) – The British hotel and leisure industry is set for a bumper year as a weak pound boosts demand from foreign tourists and deters Britons from travelling abroad, a survey by Barclays showed on Thursday.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-economy-travel-idUKKBN17S35P?feedType=RSS&feedName=topNews

Samsung Electronics flags stronger earnings from chips, phones after first quarter jump

SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high.

from Reuters: Top News http://uk.reuters.com/article/uk-samsung-elec-results-idUKKBN17T00V?feedType=RSS&feedName=topNews

South Korea, U.S. warn of punishment for North Korea; U.S. stresses sanctions

SEOUL/WASHINGTON (Reuters) – South Korea and the United States agreed on Thursday on “swift punitive measures” against North Korea in the event of more provocation, although the United States signalled sanctions and diplomatic pressure were its priorities for now.

from Reuters: Top News http://uk.reuters.com/article/uk-northkorea-usa-idUKKBN17T0BZ?feedType=RSS&feedName=topNews