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WSJ.com: Europe Home

"Europe Home"

 http://online.wsj.com via rss feed as at Feb 9 2012 12:44am

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Feb 9 2012
12:23am		GM Seeks Deep Cuts at Opel
GM is preparing to disclose "horrendous" fourth quarter losses at its European Opel/Vauxhall unit and is demanding deep cuts from labor unions there.... more
Feb 9 2012
12:00am		Concession Smooths Way Toward a Greek Deal
The ECB made key concessions over its holdings of Greek bonds, which will contribute to a reduction of the country's debt burden and smooth the path toward a new bailout.... more
Feb 8 2012
11:55pm		Vestas Shake-Up Intensifies
Vestas said its chairman and deputy chairman will step down, hard on the heels of the resignation of its financial chief, as the world's biggest maker of wind turbines swung to a larger than forecast net loss in 2011.... more
Feb 8 2012
11:42pm		Statoil Net Profit Soars
Norwegian oil company Statoil reported a jump in net profit for the fourth quarter of 2011, underlining its progress after outages crimped output earlier in the year.... more
Feb 8 2012
11:32pm		German Costs Stay Low
Germany's latest offer of five-year debt attracted solid demand at its latest auction as borrowing costs rose only slightly from recent record lows.... more
Feb 8 2012
11:14pm		Europe's Markets Rise
European stocks were modestly higher as investors hoped that Greek lawmakers were close to a deal on the restructuring of Greece's debt.... more
Feb 8 2012
11:10pm		TiVo Demand Boosts Virgin Media
Virgin Media posted solid fourth-quarter results, including a 30% jump in net profit, driven by a strong consumer appetite for its new pay-television service and for superfast broadband.... more
Feb 8 2012
11:03pm		Sanofi Warns on 2012 Earnings
Sanofi warned earnings would fall in 2012 as the French drug maker loses patent protection in the U.S. on some of its blockbuster drugs.... more
Feb 8 2012
10:12pm		German Data Pose Growth Risk
Germany's seasonally adjusted exports fell more sharply than imports in December, posing downside risks to the country's growth for the fourth quarter.... more
Feb 8 2012
10:01pm		Nokia to Cut 4,000 Jobs
Finland-based Nokia said it plans to cut about 4,000 jobs at smartphone manufacturing plants by the end of the year.... more
Feb 8 2012
9:36pm		Reckitt to Realign for Growth
Reckitt Benckiser said it is shifting its focus to booming emerging markets as the consumer goods and health-care giant posted a jump in fourth-quarter net profit.... more
Feb 8 2012
9:28pm		Italy Pushes for Growth Policy
Italian Prime Minister Mario Monti warned that European leaders must take concrete steps to fuel the continent's economic growth or risk threatening its future.... more
Feb 8 2012
9:25pm		Investors Squawk at Xstrata Deal
Large shareholders of Xstrata came out against the company's plan to merge with Glencore International, highlighting what could be a difficult task selling the giant deal to shareholders and regulators.... more
Feb 8 2012
9:15pm		Airbus Checks to Be Extended
European aviation safety authorities will issue a notice requiring all airlines operating the Airbus A380 superjumbo to get their aircraft checked for possible cracks in brackets inside the planes' wings, the European Aviation Safety Agency said.... more
Feb 8 2012
8:46pm		Thomas Cook Mulls India Stake Sale
Thomas Cook said it will consider selling its Indian foreign exchange and travel business as the U.K. tour operator reported a first-quarter loss.... more
Feb 8 2012
8:00pm		RBS Chief Pondered Resignation
Stephen Hester, chief executive of the largely government-owned Royal Bank of Scotland, said he had considered resigning from the bank during the recent row over his bonus.... more
Feb 8 2012
7:27pm		BHP Posts Higher Revenue, Lower Net
BHP Billiton reported a 5.5% drop in profit and said it expects volatility in commodity markets to persist given Europe's debt crisis and weakness in manufacturing and construction across key markets.... more
Feb 8 2012
7:07pm		In Syria, Russia Extracts No Vows
Russia held talks with Assad in Damascus that showed no sign of slowing the country's bloody conflict, as Syrian forces continued to pound the city of Homs.... more
Feb 8 2012
6:36pm		Energy Boom Lifts Economy
The benefits of the newest energy boom are extending far beyond the traditional oil patch. It's revving up the U.S. economy.... more
Feb 8 2012
6:06pm		Bosses in Cross Hairs on Wall Street
Goldman and Morgan Stanley clarified for the first time that managers are also on the line when firms seek to recover pay under 'clawback' policies.... more

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