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World Business Briefing | Europe: The Netherlands: ABN Amro Units Sold The Belgian-Dutch financial services group Fortis will sell about 10 percent of ABN Amro’s Dutch operations to Deutsche Bank for 709 million euros ($1.12 billion). Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: The Netherlands: Unilever Profit Unilever reported a better-than-expected 31 percent increase in first-quarter profit, partly because of asset sales, and raised its full-year sales growth target. The company, whose products include Skippy peanut butter and Dove soap, said its profit rose to 1.41 billion euros ($2.18 billion) from 1 Home > Rss Directory > Business > NY Time |
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World Briefing | Europe: The Netherlands: U.S. Company Shuts Anti-Koran Web Site The Web site registered by the right-wing politician Geert Wilders to post his anti-Islamic film “Fitna” has been suspended by its American Web-hosting service. Home > Rss Directory > Technology > NY Time |
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World Business Briefing: The Netherlands: Staples Sets Deal Staples agreed to buy Corporate Express for 1.68 billion euros ($2.6 billion) after raising its offer three times, becoming the world’s largest direct distributor of office supplies to companies. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Best Buy in Venture The Best Buy Company, the electronics retailer, will open its first stores in Europe by investing £1.1 billion ($2.16 billion) in a joint venture with the Carphone Warehouse Group. Best Buy, based in Richfield, Minn., will open stores under its brand name across Europe beginning next year in Br Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Germany: Investor Confidence Rises German investor confidence recovered in August from a 16-year low the month before, as fears of an economic downturn in Europe’s biggest economy appeared to ease. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Switzerland: Nestlé Profit Rises 6% Nestlé, the world’s biggest food and drink company, reported 6.1 percent growth in first-half net profit despite rising costs and slowing bottled water sales. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Spain: Stake in Iberia Airlines Grows British Airways said it had bought about another 3 percent of the Spanish flag carrier Iberia Airlines, raising its stake to 13.15 percent. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Germany: Deutsche Bank Expects Profit Deutsche Bank says it expects to have a profitable second-quarter despite market uncertainty and the wavering global economy when its results are reported July 31. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Barclays Profit Tops Forecasts The British bank Barclays reported first-half profit that fell less than analysts had estimated, even after increasing write-downs of bad debts. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Denmark: Lego’s Profit More Than Doubles The Danish toy maker Lego said its six-month profit more than doubled on strong sales of products like Lego City and Lego Star Wars. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Inflation Eclipses Central Bank’s Target British inflation shot up in July to more than twice the central bank’s target, dousing expectations of interest rate cuts anytime soon. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Asia: India: Software Company to Expand Infosys Technologies, a software services provider, said it had agreed to buy a British consultancy, the Axon Group, for $753 million to expand in Europe. Home > Rss Directory > Technology > NY Time |
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World Business Briefing | Europe: Britain: Cadbury Sets Terms of Spinoff Cadbury Schweppes, the candy maker, has set the terms of its soda unit’s planned spinoff. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Russia: Raid at Joint Oil Venture Investigators took documents from the headquarters of BP’s Russian joint venture, TNK-BP, which has had rocky relations with the Kremlin. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Belgium: Brewer’s Profit Drops InBev, brewer of Stella Artois and Beck’s, posted an unexpected 11 percent decline in first-quarter profit, blaming rising costs for ingredients and shipping, and weak sales in Brazil. The company also said that the latest results were being compared with strong earnings a year ago. InBev Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Britain: Restaurant Supplier Bid Illinois Tool Works, the conglomerate based in Glenview, Ill., agreed to buy a British restaurant equipment supplier, Enodis, for $2 billion, the companies said. Illinois Tool’s bid was 8.5 percent higher than an offer that Enodis agreed to last month from the Manitowoc Company of Manitowoc, Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Belgium: Court Favors eBay in L’Oréal Case A Belgian court dismissed all of the claims that the cosmetics maker L’Oréal brought against eBay over the sale of fake products on online auction sites, eBay said. Home > Rss Directory > Business > NY Time |
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World Business Briefing | Europe: Belgium: Court Favors eBay in L’Oréal Case A Belgian court dismissed all of the claims that the cosmetics maker L’Oréal brought against eBay over the sale of fake products on online auction sites, eBay said. Home > Rss Directory > Technology > NY Time |
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World Business Briefing | Europe: Germany: Tire Maker Again Rejects a Suitor’s Bid The German tire and auto parts maker Continental again declined a takeover bid by a privately held rival, Schaeffler, but left the door open to more talks. Home > Rss Directory > Business > NY Time |