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Tue, 13 May 2008 14:01:00 GMT
Ericsson HSPA Modules To Be Used In Dell Laptops From 2Q
STOCKHOLM -(Dow Jones)- Swedish telecom equipment maker Telefon AB LM Ericsson (ERIC) said Tuesday it is teaming up with U.S computer manufacturer Dell Inc. ( DELL) to include its built-in mobile broadband modules in laptops sometime in the second
Tue, 13 May 2008 14:01:00 GMT
C&W inks €377m contract with Aviva
- Cable & Wireless has signed a ?377m contract with insurance group Aviva to provide a range of services including voice over IP (VoIP) and wide area networks (WANs). Cable & Wireless Europe, Asia and US (EAU) will provide a full
Tue, 13 May 2008 14:01:00 GMT
Research and Markets: Bouygues Telecom Has Updated Its Popular Neo Tariffs And Accelerated Its Plans For HSPA Services And Coverage
DUBLIN, Ireland --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c91574)has announced the addition of 'Bouygues Telecom (Company Advisor)' to their offering. Bouygues Telecom has updated its popular Neo tariffs and
Tue, 13 May 2008 14:01:00 GMT
Airbus Announces New Delays to A380
Airbus admitted on May 13 it could not meet its delivery schedule for its troubled A380 superjumbo in a new blow to the world's biggest passenger jet. The company, struggling to emerge from deep crisis over earlier delays and production problems,
Tue, 13 May 2008 13:59:00 GMT
Asda shows strong growth
LONDON: Wal-Mart Stores said on Tuesday Asda had delivered a strong first quarter thanks to an increase in customer traffic driven by lower prices and discount campaigns. Like-for-like sales excluding petrol and stripping out an early Easter and the
Tue, 13 May 2008 13:58:00 GMT
Airbus Announces New Delays to A380
Airbus on Tuesday announced new delays on deliveries of the superjumbo A380, already almost two years late, saying the company is behind schedule switching to automated production. The European aircraft maker said in a statement that it will deliver 12
Tue, 13 May 2008 13:51:00 GMT
SocGen 1Q Net Drops on Exposure to US Mortgages
French bank Societe Generale SA said Tuesday that write-downs linked to the crisis in financial markets led to a 23 percent decline in first-quarter profits. Net profit fell to 1.1 billion euros ($1.7 billion) in the first quarter, from 1.43 billion
Tue, 13 May 2008 13:50:00 GMT
Renault-Nissan aims for world's cheapest car
The announcement is the latest sign that carmakers are increasingly looking to developing markets to produce low-cost cars. Chrysler has teamed up with Chery Automobile, of China, to develop an ultra-compact model, while General Motors may work with
Tue, 13 May 2008 13:49:00 GMT
Societe Generale profits slump 23pc
(BizWorld) Troubled French bank Societe Generale said that write-downs linked to the crisis in financial markets led to a 23-pc decline in net profit in the first quarter. Net profit fell to E1.1 billion in the first quarter from E1.43 billion a year
Tue, 13 May 2008 13:49:00 GMT
Sterling weaker on UK economy
(BizWorld) The pound gave up initial gains against the euro today following news that inflation in the United Kingdom in April rose by far more than anticipated. The euro was worth 0.7941 down from 0.7946 early this afternoon.Official figures show that
Tue, 13 May 2008 13:47:00 GMT
FOREX-Dollar extends gains versus euro, yen on retail data
(Reuters) - The dollar extended gains on Tuesday after unexpectedly strong core retail sales in April backed views the Federal Reserve would probably not cut interest rates again next month. The euro was last down 0.6 percent at $1.5442
Tue, 13 May 2008 13:47:00 GMT
MOVES-Barclays, Julius Baer, Brit Insurance, Deutsche Bank
(Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. BARCLAYS PLC (BARC.L: Quote, Profile, Research) The British bank said its investment
Tue, 13 May 2008 13:44:00 GMT
Mediobanca CEO confirms FY net profit target of 0.95-1.0 billion euros
MILAN (Thomson Financial) - Mediobanca SpA CEO Alberto Nagel said he expects to reach the bank's net profit target for its fiscal year ending June of 950 million to one billion euros. Nagel said the final quarter of the fiscal year will see double-digit
Tue, 13 May 2008 13:44:00 GMT
Shell:30 Workers Worldwide Died In 07,47 Kidnapped In Nigeria
LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) said Tuesday that 30 people died working for the company worldwide in 2007, while 47 were kidnapped in Nigeria. The numbers, which include both Shell employees and contractors, underscore how risky
Tue, 13 May 2008 13:44:00 GMT
Airbus hit by new A380 delivery delay
Planemaker Airbus announced another delay in deliveries of its A380 superjumbo on Tuesday, deepening the woes of Europe's biggest industrial project. Airbus said it was unable to boost production as quickly as it hoped as it tries to recover from two
Tue, 13 May 2008 13:43:00 GMT
Bajaj, Renault, Nissan sign JV for small car
car scheduled for 2011. After six months of negotiation, Bajaj Auto today announced its joint venture with European car maker Renault and Japanese giant Nissan to manufacture a small car in India with a wholesale price tag of $2,500 (Rs 1.03 lakh). The
Tue, 13 May 2008 13:43:00 GMT
FOREX-Dollar extends gains versus euro, yen on retail data
NEW YORK, May 13 (Reuters) - The dollar extended gains on Tuesday after unexpectedly strong core retail sales in April backed views the Federal Reserve would probably not cut interest rates again next month. The euro was last down 0.6 percent at $1.5442
Tue, 13 May 2008 13:43:00 GMT
HSBC warns that US house prices will continue to tumble until 2009
Europe's biggest bank HSBC warned yesterday that US house prices would keep falling until next year and that the chances of the American economy going into recession had increased. The bank made $3.2bn (2.05bn) of bad-debt provisions in the first three
Tue, 13 May 2008 13:42:00 GMT
Tesco gains foothold in US market, report
Extract not available.
Tue, 13 May 2008 13:41:00 GMT
BG Group lines up banks for Origin financing
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Tue, 13 May 2008 13:41:00 GMT
GERMANY: Metro Not Yet In Talks Over Kaufhof
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Tue, 13 May 2008 13:35:00 GMT
FRANCE: Carrefour Names New Supervisory Board Chairman
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Tue, 13 May 2008 13:35:00 GMT
UK: Tesco Taken To Court Over Dobbies
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Tue, 13 May 2008 13:35:00 GMT
UK: DSG To Lose Jobs From Head Office
Extract not available.
Tue, 13 May 2008 13:35:00 GMT
German shares turn lower midday weighed down by financial stocks
A trader said the capital increase signalled that the worst is still not over for the banking sector. At 11.52 a.m. the DAX was down 24.08 points or 0.34 percent at 7,011.87, having traded in a range of 7,002.37 to 7080.30 so far in the session. The MDAX
Tue, 13 May 2008 13:34:00 GMT
Cable & Wireless sign £300m Aviva deal
The UK's biggest insurance group continues its 12-year relationship with Cable & Wireless. Cable & Wirelesshas signed a six-year, £300 million contract with Aviva, the UK's largest insurance group. The contract continues and expands the British
Tue, 13 May 2008 13:33:00 GMT
Wal-Mart's Asda shows strong growth, eyes Russia
LONDON, May 13 (Reuters) - Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) said on Tuesday its British grocer Asda had delivered a strong first quarter thanks to an increase in customer traffic driven by lower prices and discount campaigns.
Tue, 13 May 2008 13:32:00 GMT
RMT strike vote: Network Rail HR chief asks employees to consider offers
Network Rail HR director Peter Bennett has called for the firm's employees to 'consider carefully' before voting for national strikes this month. The RMT union yesterday announced plans to ballot 17,000 of its members for industrial action over two
Tue, 13 May 2008 13:32:00 GMT
Fortis profit falls on further writedowns
Fortis, the financial services group, on Tuesday unveiled a bigger-than-expected fall in first quarter profits after further writedowns related to the credit market.Net profit was ,808m, down from ,1.17bn in the same period last year. The Belgo-Dutch
Tue, 13 May 2008 13:30:00 GMT
Hong Kong shares close sharply higher led by HSBC, China Mobile, mainland banks
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Tue, 13 May 2008 13:26:00 GMT
