Business Blog

* FTSEurofirst 300 retreats from highs hit on Thursday* Telefonica falls after Q1 profits miss forecasts* Prospect of new ECB stimulus keeps some traders bullishBy Tricia WrightLONDON, May 9 (Reuters) - European shares retreated on Friday as a disappointing business update from telecoms group Telefonica TEF.MC sobered the mood from a rally the previous day.The pan-European FTSEurofirst 300 index .

* FTSEurofirst 300 retreats from highs hit on Thursday* Telefonica falls after Q1 profits miss forecasts* Prospect of new ECB stimulus keeps some traders bullishBy Tricia WrightLONDON, May 9 (Reuters) - European shares retreated on Friday as a disappointing business update from leading telecoms group Telefonica TEF.MC sobered the mood after a rally the previous day.The pan-European FTSEurofirst 30

KUALA LUMPUR, May 9 (Reuters) - Malaysia&aposs IOI Properties Group Bhd IOIP.KL said it had applied for regulatory approval to issue Islamic bonds worth 1.5 billion ringgit ($463.3 million) to repay existing loans and fund land development and other investment.IOI Properties, Malaysia&aposs second-largest real estate developer by market value, said in a stock exchange filing it had submitted its a

Malaysia&aposs IOI Properties Group Bhd said it had applied for regulatory approval to issue Islamic bonds worth 1.5 billion ringgit (USD 463.3 million) to repay existing loans and fund land development and other investment.

Malaysia&aposs IOI Properties Group Bhd said it had applied for regulatory approval to issue Islamic bonds worth 1.5 billion ringgit (USD 463.3 million) to repay existing loans and fund land development and other investment.

* FTSEurofirst 300 retreats from highs hit on Thursday* Telefonica falls after Q1 profits miss forecasts* Prospect of new ECB stimulus keeps some traders bullishBy Sudip Kar-GuptaLONDON, May 9 (Reuters) - European shares retreated on Friday as a disappointing business update from leading telecoms group Telefonica TEF.MC sobered the mood after a rally on the previous day.The pan-European FTSEurofir