News roundup: the top stories on Monday

Cyprus delays vote as it seeks to rework bank levy, Elan says studies show efficacy of Tysabri in treating MS and euro zone exports recover in January.

The top stories at lunchtime

**The top local and international news at lunchtime on Monday:**

.....

**Cyprus** delays vote as it seeks to rework bank levy.

**Europe** braces for fresh turmoil with Cyprus deposit levy.

**Bruton** says Cyprus rescue will avoid contagion.

**European** shares recover lost ground as Cyprus reworks bailout.

.....

**Elan** says studies show efficacy of Tysabri in treating MS.

**Marks & Spencer** shares leap on bid speculation.

**Euro zone** exports recover in January, led by ...