European Business News

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Fri, 19 Mar 2010 11:54:00 GMT

BMW Z4 sDrive35is

The new flagship model to the BMW Z4 range, the , has an even higher standard of performance ensured both by the modified straight-six power unit with BMW twin turbo technology and high precision injection, on the one hand, and by BMW’s seven-speed
Fri, 19 Mar 2010 11:54:00 GMT

Ex-Credit Suisse CLO head Perry joins Avoca

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Fri, 19 Mar 2010 11:54:00 GMT

Sony Ericsson Vivaz review

The good: Stylish and compact design; full suite of connectivity features; video and audio quality better than the i8910 HD. The bad: Slippery when fingerprints make a mess of the phone; exposed camera lens; no front-facing camera for video calls; no
Fri, 19 Mar 2010 11:53:00 GMT

Fortis concludes acquisition of 23.9% stake in Parkway

MUMBAI: Hospital chain Fortis Healthcare on Friday said it has completed the acquisition of 23.9 per cent stake in Singapore-based healthcare firm Parkway Holdings for about USD 685.3 million (nearly Rs 3,100 crore). The company has consummated the deal
Fri, 19 Mar 2010 11:53:00 GMT

Euro slumps against dollar on Greece concerns

The euro dived against the dollar on Friday as investors sought the safe-haven greenback amid uncertainty about international assistance for debt-plagued Greece. In morning London trade, the European single currency tumbled to 1.3579 dollars. It later
Fri, 19 Mar 2010 11:53:00 GMT

Indias GSM subscriber base scales past the 400 mn mark; Vodafone Essar notches 3mn new additions in Feb

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Fri, 19 Mar 2010 11:53:00 GMT

Siemens cuts 4,200 jobs

German industrial giant Siemens is to cut 4,200 jobs from its IT unit - more than 10% of its worldwide IT workforce. The job cuts, which will include 2,000 in Germany, are set to be made by the autumn of 2011. Siemens also plans to turn the division into
Fri, 19 Mar 2010 11:53:00 GMT

STOCKS NEWS US-Lloyds ADRs rally, sees return to profit in 2010

Stocks on the move Real-time equity news U.S. stock market report 0730 ET 19March2010-Lloyds ADRs rally, sees return to profit in 2010 - U.S.-listed shares ...
Fri, 19 Mar 2010 11:52:00 GMT

EIB and KfW show perfect timing to make the most of euro market

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Fri, 19 Mar 2010 11:52:00 GMT

Former RSA CEO Bridget McIntyre set to take Fortis exec role

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Fri, 19 Mar 2010 11:51:00 GMT

Work starts on Sainsbury's store

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Fri, 19 Mar 2010 11:51:00 GMT

Upbeat Lloyds Bank gives world markets a boost

LONDON - British stocks led Friday's advance in global markets after the part-nationalized Lloyds Banking Group issued a buoyant trading update,
Fri, 19 Mar 2010 11:50:00 GMT

European Markets Receive A Boost From Bank Stocks (LYG, CS)

The Wall Street Journal reports that European markets climbed higher on Friday on back of strong performance by bank stocks. Bank stocks received a boost after Lloyds banking Group (ADR) (NYSE: LYG) announced that it was expecting to return to
Fri, 19 Mar 2010 11:50:00 GMT

Upbeat Lloyds Bank gives world markets a boost

LONDON - British stocks led Friday's advance in global markets after the part-nationalized Lloyds Banking Group issued a buoyant trading update,
Fri, 19 Mar 2010 11:50:00 GMT

DDB unveils 'carousel' follow-up for Philips

LONDON - DDB London has unveiled the official trailer for its follow-up to the Cannes Grand Prix-winning Philips 'carousel'. It reveals that each of the five new online films shares the same script.
Fri, 19 Mar 2010 11:50:00 GMT

U.S. May Extend Tanker Deadline for EADS

Stock quotes in this article: EAD , BA , NOC NEW YORK (TheStreet) -- The Pentagon said has said it would extend a bid for a tanker contract to May 10 after Airbus parent EADS(EAD) expressed interest in joining the bid. More on EAD Market Activity The
Fri, 19 Mar 2010 11:50:00 GMT

Russia’s TNK-BP to invest $137 million to upgrade Ukraine refinery

KIEV, March 18 - TNK-BP, a Russian oil major, plans to invest $137 million to upgrade its Ukrainian oil refinery and gasoline stations in 2010, TNK-BP’s Ukrainian subsidiary reported Thursday. TNK-BP plans to spend $107 million on modernization of its
Fri, 19 Mar 2010 11:49:00 GMT

Siemens to slash 4,200 jobs

Siemens, Europe's biggest engineering conglomerate, has unveiled plans to slash 4,200 jobs at its information technology unit, helping to set it up for a possible spinoff. Chief financial officer Joe Kaeser said the 4,200 job cuts at Siemens IT Solutions
Fri, 19 Mar 2010 11:49:00 GMT

Henry Schein to Present at the Barclays Capital Global Healthcare Conference

MELVILLE, N.Y., March 19 /PRNewswire-FirstCall/ -- Henry Schein, Inc., (Nasdaq: HSIC), the largest provider of health care products and services to office-based practitioners, announced today that Stanley M. Bergman, Chairman and Chief Executive Officer
Fri, 19 Mar 2010 11:49:00 GMT

Henry Schein to Present at the Barclays Capital Global Healthcare Conference

MELVILLE, N.Y., March 19 /PRNewswire-FirstCall/ -- Henry Schein, Inc., (Nasdaq: HSIC), the largest provider of health care products and services to office-based practitioners, announced today that Stanley M. Bergman, Chairman and Chief Executive Officer
Fri, 19 Mar 2010 11:48:00 GMT

PAREXEL International to Present at Barclays Capital Global Healthcare Conference

PAREXEL International Corporation Rating: Related Stocks: Text Size: BOSTON, March 19 /PRNewswire-FirstCall/ -- PAREXEL International Corporation (PRXL) announced today it will be presenting at the Barclays Capital Global Healthcare Conference in Miami,
Fri, 19 Mar 2010 11:47:00 GMT

Henry Schein to Present at the Barclays Capital Global Healthcare Conference

MELVILLE, N.Y., March 19 /PRNewswire-FirstCall/ -- Henry Schein, Inc., (Nasdaq: HSIC), the largest provider of health care products and services to office-based practitioners, announced today that Stanley M. Bergman, Chairman and Chief Executive Officer
Fri, 19 Mar 2010 11:47:00 GMT

Germany to grant Syria 12 mln euros for economic reform

Syria and Germany signed a number of technical cooperation documents, under which Germany will grant Syria 12 million euros to carry out a group of joint projects, Syrian al-Watan daily reported Thursday. The documents were co-signed by Amer Lutfi, head
Fri, 19 Mar 2010 11:47:00 GMT

European, Asian Stocks Advance; Lloyds Banking Leads Gains

March 19 (Bloomberg) -- European stocks rose as Lloyds Banking Group Plc said it may be profitable this year, boosting confidence that the economic recovery will be sustained. Asian stocks climbed while U.S. futures were little changed. Lloyds, Britains
Fri, 19 Mar 2010 11:47:00 GMT

Daimler, German Investors Agree to Retain EADS Stake (Update1)

(Adds agreement timeframe starting in first paragraph.) March 19 (Bloomberg) -- Daimler AG, the maker of Mercedes- Benz cars and trucks, and other German investors in European Aeronautic Defence & Space Co. agreed to keep their combined stake in the
Fri, 19 Mar 2010 11:46:00 GMT

Deutsche Bank China head Zhang to join ICBC -sources

* Lee Zhang set to become ICBC's vice president * Zhang's appointment subject to Beijing's approval * China wants influential Chinese to return to help SOEs By George Chen and Zhao Hongmei SHANGHAI/BEIJING, March 19 - Lee Zhang, China head of Deutsche
Fri, 19 Mar 2010 11:45:00 GMT

PERF Selects Siemens To Pilot MBR Technology On Treating Refinery Wastewater

Members of PERF (Petroleum Environmental Research Forum) have selected Siemens Water Technologies to provide a Petro MBR (membrane bioreactor) pilot unit to test the viability of such technology in treating refinery wastewater. This will be one of the
Fri, 19 Mar 2010 11:45:00 GMT

Back in (the) black at Lloyds

Shareholders in Lloyds Banking Group received a positive surprise on Friday morning. The partly state-owned bank a released a statement guiding that it will be profitable at...
Fri, 19 Mar 2010 11:45:00 GMT

Henry Schein to Present at the Barclays Capital Global Healthcare Conference

MELVILLE, N.Y., March 19 /PRNewswire-FirstCall/ -- Henry Schein, Inc., (Nasdaq: HSIC), the largest provider of health care products and services to office-based practitioners, announced today that Stanley M. Bergman, Chairman and Chief Executive Officer
Fri, 19 Mar 2010 11:45:00 GMT

Deutsche Bank Initiates Coverage on PPL Corp. (PPL) with Hold

Deutsche Bank initiates coverage on PPL Corp. (NYSE: PPL) with Hold rating and $33 price target: Deutsche analyst says, "We view PPL as a diversified utility with a heavy merchant focus, well-balanced generation portfolio, above-average hedge position,
Fri, 19 Mar 2010 11:45:00 GMT