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European Finance News Feeds
European Finance, Money, Business News Feeds
News Europe (Aljazeera)
Europe's competition commissioner has cautioned Germany and France against starting a race with the US to subsidise the car industry. Car manufacturers around the world have said that the economic fallout from the financial crisis is taking its toll on sales, leading to job cuts. CKYH cuts Asia-N. Europe capacity by 30 percent (Journal of Commerce Online)
The CKYH ocean carrier alliance today announced it will cut capacity on its Asia-North Europe services by a further 30 percent from the beginning of December, the second reduction on the trade in a little over a week as it adjusts to collapsing cargo growth on the trade. Encorium signs new business contracts worth $6.5 million (Pharmaceutical Business Review)
Encorium Group, a full-service multinational contract research organization, has signed new business contracts worth $6.5 million, primarily consisting of two oncology clinical trials with a US-based biopharmaceutical company to be conducted in Europe. (AFX UK Focus) 2008-11-20 07:27 Atlas Copco says to buy Aggreko Europe business (Interactive Investor)
STOCKHOLM, Nov 20 (Reuters) - Swedish engineering group Atlas Copco said on Thursday it had agreed to buy the European oil-free air compressor business of Aggreko plc for 14.6 million euros ($18.4 million). Atlas Copco said in a statement the acquired business had annual sales of about 9 million euros and 25 employees. ($1=.7921 Euro) Keywords: ATLASCOPCO/ EUR/USD: Trading the German IFO Business Confidence Survey (Daily FX via Yahoo! Finance)
Mounting growth fears for Europe?s largest economy is expected to weigh on businesses as economists expect the German IFO confidence survey to fall to 89.0 from a five-year low of 90.2 in September. *vwd/BUSINESS WIRE: Pfizer Withdraws Application to Switch Viagra to Non-Prescription Status in Europe (vwd.de)
MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH. AstraZeneca to cut jobs in Europe while expanding in China (EARTHtimes.org)
London - Anglo-Swedish drugmaker AstraZeneca announced Thursday that it was planning to cut 1,400 jobs and close three plants in Europe in a programme to improve efficiency across the business. AstraZeneca will close sites in Spain (Porrino), Belgiu... Russian Firm Halts Work On Europe's Tallest Building - Report (Nasdaq)
MOSCOW (AFP)--Global financial turmoil has forced a Russian property developer to suspend construction of a Moscow skyscraper that is planned to be Europe's tallest building, Interfax news agency reported Friday. IATA reports sharp fall in business travel (CNN)
ATLANTA (AP) -- The number of passengers traveling on premium airline tickets dropped eight percent in September, reflecting the severity of the global financial crisis and a slump in the confidence of manufacturers in the U.S., Japan and Europe, an industry trade group said in a report Wednesday. Vienna To Host BIO-Europe 2009 - First Time Event Is Held Outside Of Germany (Medical News Today)
At the closing of BIO-Europe 2008 in Mannheim/Heidelberg which saw 2400 life science executives engage in an astounding 10,250 one-to-one meetings, EBD Group today announced that next year's BIO-Europe partnering conference will pay a visit to Vienna, Austria.
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