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LONDON—The euro failed to hold above $1.37 for a second straight day Thursday, as currency markets struggled for direction after the German parliament voted to beef up the euro zones bailout fund. Womens clothing retailer Alexon has been sold to a private equity firm in a deal expected to secure the jobs of its 2700 staff. David and Frederick Barclay purchased more than 800 million euros ($1.1 billion) of debt held by Maybourne Hotel Ltd., owner of London luxury hotels including Claridges. (Rewrites lede and throughout with additional analyst comments in 14th paragraph and comments from Nokias senior communications manager. José Manuel Barroso has backed the financial transactions tax on global trades. Photograph: Frederick Florin/AFP/Getty Images You may not know it from the Daily Mails front page headline - PMs ultimatum on plastic bags - but the German parliament ... Thomas Cook has suspended dividend payments after a string of profit warnings from the beleagured holiday group. By Graham Ruddick Europes second biggest tour operator said yesterday that it will not declare any further shareholder payouts while it ... |
