Europe

Source: www.ft.com --- 6 hours ago
Britain is ready to provide loans or loan guarantees to finance the spin-off of General Motors' European Opel/Vauxhall arm, Peter Mandelson, UK business secretary, said ...

Source: www.ft.com --- 7 hours ago
Beijing Automotive Industry Corporation has submitted a late offer for General Motors' European operations, formally putting the Chinese carmaker in the race against a frontrunning Russian-backed bid ...

Source: www.miamiherald.com --- 8 hours ago
Nigeria's state oil company says that Nigeria, Algeria and Niger have signed an agreement to create a $10 billion trans-Saharan gas pipeline to ship gas to Europe. ...

Source: www.bostonherald.com --- 9 hours ago
PARIS - French unions for the software company Oracle Corp. say the company has told them it plans to cut between 850 and 1,000 jobs in Europe in response to slowing growth. In... ...

Source: www.oilweek.com --- 5 hours ago
ABUJA, Nigeria _ Nigeria, Algeria and Niger have signed an agreement to create a $10 billion pipeline that would ship gas across the Saharan desert to Europe, Nigeria`s state oil company said Friday.The plan comes as Europe seeks new sources of gas imports as it currently depends on Russia for much of its needs.The project was approved by energy ministers from all three governments, said Mohammed Barkindo, the managing director of Nigeria state oil company, the Nigeria National Petroleum Corporation. It is expected to come on line in 2015.The inter-governmental agreement that has been signed today between the government of Algeria, Niger and Nigeria gives this project official stamp of approval, Barkindo said. So it is a significant milestone.Nigeria`s energy minister, Rilwanu Lukmanu, said the countries are now looking for partners for the project.We will be talking to prospective partners who might be interested, Lukmanu said.Last month, Russia`s state natural gas supplier Gazprom and Nigeria`s main oil company agreed to create a joint venture to explore and produce oil and gas in Africa`s most populous country. Gazprom`s chief in Nigeria has said the Russian firm would invest $2.5 billion in the new venture.If Gazprom should gain control over Nigeria`s gas resources, that could strip European consumers of a possible alternative to Russian gas supplies.It has been a difficult time for Gazprom as production is declining and the s ...

Source: www.ipsnews.net --- 6 hours ago
BRUSSELS, Jul 3 (IPS) - The Swedish government, which now holds the rotating presidency of the European Union for the second half of this year, says plans to bring Croatia into the EU have not been derailed despite recent political events in the country. Croatia is officially set to join the Union as its 28th member in 2011. ...

Source: www.euronews.net --- 8 hours ago
Europe has promised a tough, unified response to the arrest of local staff at the British embassy in Iran, who are accused of fomenting the recent… ...

Source: www.dailyadvance.com --- 8 hours ago
ABUJA, Nigeria — Nigeria, Algeria and Niger have signed an agreement to create a $10 billion p... ...

Source: www.uefa.com --- 10 hours ago
New Villarreal CF defender Iván Marcano said the prospect of playing European football was one of the crucial factors in his decision to make a reported €6m switch from Real Racing Club. ...

Source: www.earthtimes.org --- 12 hours ago
Paris - The Yemeni airline Yemenia could be placed on a black list and banned from flying in Europe if it did not improve the condition of its aircraft, French Junior Minister for Transport Dominique Bussereau said Friday. The carrier must make a bi... ...

Source: www.bing.com --- 5 hours ago
Cancun, Mexico: Swine flu is running wild in the Southern Hemisphere and is spreading rapidly through Europe and the US, with Britain projected to reach 100,000 daily cases by the end of August. The virus is even showing signs of rebounding in Mexico. The World Health Organisation said on Friday the ... ...

Source: topnews.us --- 6 hours ago
oracle.jpg A French labor union's Web revealed that Oracle Corp., the U. S. software giant, may hack as many as 1000 jobs in Europe. Oracle provides work for 17,000 people in Europe, including 1,600 in France. According to the French union, Oracle announced cuts during recent meetings of the company's European and French workers' committees. read more ...

Source: www.computerworlduk.com --- 10 hours ago
Oracle may lay off between 850 to 1,000 European employees, according to the French union CFDT. ...

Source: www.dailystar.com.lb --- 2 hours ago
A powerful Iranian cleric said Friday British Embassy local staff arrested for allegedly stoking unrest after the June election will be put on trial, a move that prompted coordinated protests from European governments. Britain's Foreign Secretary David Miliband said he was "urgently seeking clarification" about the announcement as governments. ...

Source: www.post-journal.com --- 6 hours ago
$10B plan would ship gas from Africa to Europe Eds: ADDS comment from Nigeria state oil company, energy minister; ADDS background, context. Moving on general news and financial services. ...

Source: www.fibre2fashion.com --- 7 hours ago
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Source: www.mobiletor.com --- 8 hours ago
Frost & Sullivan have conducted a study among European and Russian consumers that has revealed that Nokia is the number one choice for mobile navigation over other leading handset manufacturers. Through this study the perceptions, understanding, expectations and motivations of European and Russian consumers towards navigation and location-based services were evaluated. The following were [...] ...

Source: www.sustainablebusiness.com --- 8 hours ago
Company purchased 190 million kilowatt hours of renewably sourced power in FY2008. ...

Source: www.dailystar.com.lb --- 5 hours ago
Heavy job losses in the United States and Europe soured market sentiment, pointing to a long, slow recovery from the world's deepest recession in eight decades. Friday's euro-zone service-sector surveys for June and retails sales for May are unlikely to cheer investors either, with both sets of data expected. ...

Source: uk.reuters.com --- 11 hours ago
LUTON, England (Reuters) - The government is prepared to help underwrite the planned takeover of the European arm of General Motors, possibly in the form of loans, Business Secretary Peter Mandelson said on Friday. ...