Ikea will sell its low-cost solar panels in more countries beginning with the Netherlands.» Read More
BEIJING, Sept 29- The little known Asia head of Mercuria will be key in tying the Swiss commodity trader's $3.5 billion acquisition of JP Morgan Chase and Co's physical commodity desk into the company's China business.
*Restructuring charges of 50 million euros through 2016. AMSTERDAM, Sept 23- Philips, the Dutch conglomerate that started life making light bulbs 123 years ago, is splitting off its lighting business in a bold step to expand its higher-margin healthcare and consumer divisions.
AMSTERDAM— Royal Philips NV is to split off its lighting division to create two separate companies, the latest in a string of radical restructurings by one of Europe's best-known corporations. "I do appreciate the magnitude of the decision we are taking, but the time is right to take the next strategic step," Chief Executive Frans van Houten said.
Liberty Global CEO Michael Fries is confident he will soon get approval for his Ziggo bid, but isn't interested in a deal with Vodafone.
Ivan Schneider was 36 when he bought "the prettiest" Jaguar XKE convertible. Now 82, he's finally getting his hot wheels back.
*Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.
AMSTERDAM, Sept 15- Beneath the low beams of a converted warehouse in Amsterdam lives a company with many of the attributes of a Silicon Valley startup, except that at less than a year old it has zero venture capital and says it is already making enough money to sustain itself.
MOSCOW/ KIEV, Sept 14- Russian mobile firms face being squeezed out of Ukraine after Kiev signaled it would favor European companies in future airwave auctions to curb Moscow's influence in the country.
MOSCOW/ KIEV, Sept 14- Russian mobile firms face being squeezed out of Ukraine after Kiev signalled it would favour European companies in future airwave auctions to curb Moscow's influence in the country.
*Scotland might have to create currency, central bank. The Plan A of Alex Salmond's Scottish National Party has long been for an independent Scotland to share the Bank of England with the rest of the United Kingdom, along with the pound as a joint currency.
The ECB’s triple-interest rate cut and bond-buying announcement surprised investors on Thursday – and were still sparking debate a day on.
BRUSSELS, Sept 1- Former French finance minister Pierre Moscovici has a "good chance" of being named to the European Commission's top economic and monetary job, a French diplomatic source said on Monday, as attention turned to the line-up of the next EU executive.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
Caught in a tug of war between the opposing policy modes of a tightening U.S. Fed and an easing European Central Bank, yields have taken dramatic turns.
SINGAPORE/ ZURICH Aug 22- Royal Bank of Scotland plc might split its international private bank into separate European and Asian divisions to attract Asian buyers who have the financial muscle for a deal but are reluctant to take on European client risk.
LONDON, Aug 20- World stocks fell on Wednesday as investors braced for the possibility that a major central bank could raise interest rates this year after Bank of England minutes showed two of the bank's nine rate-setters voted for a hike earlier this month.
*Attention shifts from Ukraine- Russia conflict. LONDON, Aug 20- World stocks mostly halted their recent rally on Wednesday before the latest policy signal from the U.S. central bank, while UK stocks and bonds fell after Bank of England minutes showed two rate-setters voted to raise interest rates earlier this month.
AMSTERDAM, Aug 19- The Netherlands is reviewing its extensive energy ties with Russia after the shooting down of Malaysian Airlines flight MH17 in eastern Ukraine a month ago in an attack that killed nearly 200 Dutch nationals, officials and analysts said.
A former Rabobank employee pled guilty to participating in a plot to manipulate the Yen Libor rate, the second employee of the Dutch lender to do so.
*Competition set to rise in Middle East, Asia. As the European Union's second biggest apple producer, Poland has some 700,000 tonnes of the fruit it usually sells to Russia but can't, because Moscow has a food embargo on many EU and U.S. goods as part of tit-for-tat sanctions related to the Ukraine crisis.