Peder Holk Nielsen, CEO at Novozymes, discusses the EU election results in Denmark, where the far-right came out on top, and says that businesses would rather Europe "come together" on a number of issues.» Read More
FRANKFURT, Nov 5- When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded by his peers, had been expected to get the job on the European Central Bank's all-male board anyway.
The $2.3- billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk.
LONDON, Nov 5- World stocks fell and the dollar firmed on Monday as low-risk assets gained at the start of a week in which the United States elects a new president and Greece must navigate a fraught parliamentary vote to secure fresh rescue funds.
LONDON, Nov 5- The euro fell to a near two-month low against a broadly firmer dollar on Monday on uncertainty over a Greek vote on austerity and before this week's U.S. presidential election. The euro fell 0.4 percent to $1.2778, breaking below a reported options barrier at $1.2800 and stop loss sell orders at $1.2780 to mark its lowest since Sept. 11.
LONDON, Nov 1- Brent crude oil futures fell to around $108.40 a barrel on Thursday as investors assessed the aftermath of super storm Sandy.
LONDON, Nov 1- Brent crude oil futures fell to $108 a barrel on Thursday as investors continued to analyse the aftermath of super storm Sandy.
LONDON, Nov 1- European shares rose on Thursday, bolstered by relatively robust earnings reports despite economic weakness, while the euro was flat as uncertainty over how the euro zone will handle crises in Spain and Greece dragged on.
*Super storm Sandy seen impacting fuel demand on US East Coast. LONDON, Nov 1- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.
*France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Nov 1- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.
*France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Oct 31- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.
*France objects to proposed farm subsidy cuts. BRUSSELS, Oct 31- France joined a growing list of European Union governments threatening to veto the bloc's next long-term budget, turning up the heat at the start of divisive bargaining over a 1 trillion euro spending plan.
The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.
LONDON, Oct 31- World shares and the euro edged up on Wednesday as investors braced for a storm-hit Wall Street to reopen after its two-day closure and looked ahead to economic data later in the week. Equity futures are higher, so people are expecting a positive opening,'' said Arne Lohmann Rasmussen, head of currency research at Danske Bank in Copenhagen.
LONDON, Oct 31- European shares and the euro rose on Wednesday as investors looked ahead to key economic data and waited for Wall Street to re-open after a two-day closure.
LONDON, Oct 31- The euro rose on Wednesday, lifted as equity market gains helped perceived riskier currencies, and with direction likely to be determined by how Wall Street reopens after storm disruption. A sustained rise above $1.30 could see it target the Oct. 25 high of $1.3023 and then the mid-October peak of $1.3140.
HERZLIYA, Israel, Oct 30- Lockheed Martin Corp said on Tuesday that it was making progress on resolving technical issues facing the cutting-edge helmet being developed for use by F-35 fighter pilots, and it cited positive initial reports from night flight tests of the system.
PARIS, Oct 28- Executives from nearly 100 of France's biggest companies called on the Socialist government on Sunday to cut payroll taxes by 30 billion euros over two years to regain waning competitiveness.
LONDON, Oct 25- Yield-hungry pension funds and sovereign wealth funds are stepping in where crisis-hit, regulation-laden banks are pulling back: lending to cash-starved businesses.
THE RESULTS: Marlboro maker Altria Group Inc.' s third-quarter net income fell 44 percent to of $657 million on charges for a loss on early extinguishment of debt. Revenue, excluding excise taxes, rose about 3 percent to $4.46 billion. OTHER TOBACCO: Volumes of its smokeless tobacco brands such as Copenhagen and Skoal rose nearly 6 percent.
LONDON, Oct 24- The euro fell to a one-week low against the dollar on Wednesday after worse-than-expected German business activity and sentiment data fuelled concerns of weakness in the euro zone's largest economy.