Latest Europe News
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Perhaps one more session before the Euro finally tests
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Refugees hoping for better life in Germany find themselves in limbo
refugees than any other rich country. But that does not mean it is easy for the hundreds of thousands of refugees stuck in limbo.One year and eight months since Chima Oxumbor arrived at Dsseldorf's police station to appeal for asylum, he has a EUR1-an-hour (85p-an-hour) job cleaning the toilets and floors at the camp where he shares a room with four or five other people. His life in Germany ...
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The Netherlands Bright Future for APM Terminals Facility at Maasvlakte 2
The APM Terminals facility at Rotterdam's new Maasvlakte 2 will probably become the world's most automated facility: unmanned (remote-controlled) Ship-to-Shore 25-wide container gantries and Automatic Guided Vehicles/AGV communicating between the StS gantries and the fully automated stacking ...
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European markets turn red in jittery pre-Fed trade
markets in recent weeks and, although it was generally not expected to make such an announcement at the meeting which ends late on Wednesday, investors remained nervous. The FTSEurofirst 300 was down 0.5 per cent at 1,177.31 points by 0752 GMT, retreating from a session high of 1,186.52 points, and holding more than 6 per cent below the 5-year highs scaled last month before concerns about the ...
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Biotech crops and Europe alosing battle against progress
Spring planting is never perfect in America's agricultural heartland. The past few growing seasons have been especially challenging. Yet crop yields have held up. One reason: bioengineered seeds, a big improvement on the ones grandpa planted. The corn and soybeans grown across Illinois today are nearly all genetically modified to resist insects or tolerate herbicides. By protecting ...
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UN says 45.2 million refugees and displaced people
GENEVA (AP) -- The Syrian civil war contributed to pushing the numbers of refugees and those displaced by conflict within their own nation to an 18-year high of 45.2 million worldwide by the end of 2012, the U.N. refugee agency said ...
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Turkish official approves standing man protest
Bulent Arinc told reporters Wednesday that the protest by hundreds of people standing motionless for hours in streets and squares were peaceful and "pleasing to the eye." He urged protesters, however, not to obstruct traffic and not to endanger their ...
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Will the Switzerland of the Middle East revive ever again
After the war, Lebanon experienced a period of economic prosperity. Revenues from tourism in that period increased ten-fold. Lebanon is often called the "Switzerland of the Middle East." However, after the outbreak of the Civil War (1975-1983) the country faced difficult ...
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UPDATE 1-FCC to take 289 mln euro hit on Alpine insolvency
Wed Jun 19, 2013 4:47am EDT (Adds Madrid dateline, details, background) By Jose Elas Rodrguez VIENNA/MADRID, June 19 (Reuters) - Spanish builder FCC will take an after tax loss of 289 million euros this year after its Austrian unit Alpine filed for insolvency, the group said on Wednesday. Alpine, which employs around 15,000 staff, had net debt of 625 million euros in the first quarter and had ...
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Draws for UEFA Champions League and UEFA Europa League 201314
The first draws for the 2013/14 UEFA club competitions will take place on Monday 24 June. The pairings for the first two qualifying rounds of the UEFA Champions League and the first two qualifying rounds of the UEFA Europa League will be made during ceremonies to be staged at UEFA headquarters in Nyon, starting at 12.00 and 13.00CET respectively. The draw for the second qualifying round of the ...
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S.Korea to buy European missiles
SEOUL (AFP) - South Korea will buy European bunker-busting missiles as the United States refused to sell the same kind of weapons to the country, the state procurement agency said on Wednesday.At a meeting presided over by Defence Minister Kim Kwan-Jin, the Defence Acquisition Program Administration (DAPA) approved a plan to purchase air-to-ground missiles with a 500-kilometre (312.5 mile) range ...
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World Bank highlights climate-poverty link
STOCKHOLM -; The World Bank says it will increasingly view its efforts to help developing countries fight poverty through a "climate ...
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SocGen CEO Russia ops to hit 15 pct ROE by 2015
MOSCOW, June 19 | Wed Jun 19, 2013 4:33am EDT MOSCOW, June 19 (Reuters) - French bank Societe Generale aims to deliver a sustainable return on equity of over 15 percent on its Russia operations by 2015, SocGen Chief Executive Frederic Oudea said on Wednesday. "Our teams are pursuing a clear turnaround roadmap," Oudea told a media event in Moscow, citing a focus on optimising ...
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Russia considers falsification of history unacceptable - Lavrov
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United Russia party urges probe into US secret services’ access to Russians’ private info
MOSCOW, June 19 (Itar-Tass) - Deputy secretary of the United Russia party’s General Council, Sergei Zheleznyak has urged a probe into the reported instances of US secret service’ access to Russian citizens’ private information. "We should not let the affair be played down. There should be thorough investigation of all instances of US companies and secret services getting ...
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Russia’s largest diamond miner Alrosa will not be privatized
MOSCOW, June 19 (Itar-Tass) - Russia’s largest diamond miner Alrosa will be excluded from the list of organizations subjected to privatization, Yakutia President Yegor Borisov told a news conference on Wednesday. According to Borisov’s website, the Russian government is drafting a relevant decree. The meeting of the government that will consider exclusion from the list of subject ...
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Angela Merkels coalition on course to be re-elected in Germany - poll
Angela Merkel 's conservatives and their junior coalition partner, the Free Democrats (FDP), are on course to win enough votes to form a narrow majority, a poll showed today, before an election on Sept. ...
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Frances Societe Generale opens NE China branch
The Societe Generale (SG), a French multinational banking and financial services company, opened its seventh branch on the Chinese mainland on Wednesday in the city of Harbin in northeast China's Heilongjiang Province."The operation of the Harbin branch is another milestone in SG's 32-year-presence in China," said Jackson Cheung, CEO of SG China Ltd.The expansion of SG ...
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UPDATE 1-Deutsche Annington puts 18-21 euro price tag on listing
Wed Jun 19, 2013 4:22am EDT * Listing price values whole company at 4 bln euros * Offer period June 20 to July 2 * Shares to start trading on June 3 FRANKFURT, June 19 (Reuters) - Deutsche Annington, Germany's largest residential real estate company, plans to offer shares in its planned stock market listing in a range of 18 euros to 21 euros each, valuing the whole company at least 4 billion ...
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European car sales plunge
Dubai Police give the public an up close and personal look at its new Ferrari patrol car, which joins a Lamborghini Aventador in its new-look ...
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UPDATE 1-Sweden raises $3 bln in Nordea stake sale
Wed Jun 19, 2013 4:15am EDT * Sweden sells 260 mln ordinary shares for 75 crowns each * Size of sale is equal to 6.4 percent of outstanding shares (Adds details, context) STOCKHOLM, June 19 (Reuters) - Sweden has sold nearly half its remaining stake in Nordea, the region's biggest bank, raising $3.0 billion which will be used to pay down debt as the centre-right government heads into an ...
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Progress reported at European Union budget talks
Considerable progress is reported to have been made in efforts to reach agreement on the EU's next budget, which is worth €960 billion. Talks aimed at finalising the EU budget for the next seven years are due to resume in Brussels. They are being chaired by Tánaiste Eamon Gilmore, who has called for ...
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European Space Propulsion and European Astrotech Limited Sign Fueling Services Agreement
BELFAST, Northern Ireland, June 19, 2013 (GLOBE NEWSWIRE) -- European Space Propulsion (ESP), an Aerojet Rocketdyne company, and European Astrotech Limited (EAL) announced today that they have signed an agreement to combine resources to support the growing satellite fueling services market. Using the companies' resources and capabilities, the team can extend a global reach supporting ...
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European stocks climb before Fed decision
EUROPE'S main stock markets rose at the start of trading on Wednesday, ahead of the outcome of the US Federal Reserve's latest monetary policy gathering. London's benchmark FTSE 100 index gained 0.12 per cent to 6,381.94 points, Frankfurt's DAX 30 added 0.30 per cent to 8,254.57 points and in Paris the CAC 40 advanced 0.12 per cent to 3,865.13 compared with Tuesday's closing ...
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European markets open higher
(35 mins ago) Europe's main stock markets rose at the start of trading on Wednesday, ahead of the outcome of the US Federal Reserve's latest monetary policy gathering. London's benchmark FTSE 100 index gained 0.12 percent to 6,381.94 points, Frankfurt's DAX 30 added 0.30 percent to 8,254.57 points and in Paris the CAC 40 advanced 0.12 percent to 3,865.13 compared with ...
Italy Digest
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Italy heavily involved in multi billion euro South Stream project
Italy’s natural gas company ENI is a major investor in the South Stream natural gas pipeline project, but the infrastructure development is being held up by a number of trans-national issues, which the Italian government believes is detrimental to the country’s energy security.
South Stream is the name of the transit pipeline that is intended to transport natural gas from Russia to Southern Europe, bypassing Belarus and the Ukraine. It has been highlighted by Prime Minister Berlusconi as important for the energy needs of Italy as it will eliminate the so-called ‘middle man’ and enhance the security of our energy supply, an issue that was underscored in 2005 when ongoing business disputes between Russia and the Ukraine spilled over into trans-national political issues. Read more
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