The Netherlands
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The Netherlands has nationalized bank and insurance group SNS Reaal in a $14 billion rescue that highlights the fragility of European banks and the continued exposure of taxpayers five years after the financial crisis erupted.
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AMSTERDAM, Feb 3- The Dutch finance minister said on Sunday he would look at whether those responsible for the mismanagement of SNS Reaal can be held accountable following last week's 10 billion euro rescue of the country's No. 4 bank.
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AMSTERDAM, Feb 3- The Dutch finance minister said on Sunday he will look at whether those responsible for the mismanagement of SNS Reaal can be held accountable following last week's 10 billion euro rescue of the country's No. 4 bank.
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*Navy official wants to check company's quality practices. WASHINGTON, Feb 1- The Pentagon is inspecting other components of the F-35 fighter jet in addition to the faulty fuel lines blamed for the grounding of the Marine Corps version of the warplane, two sources familiar with the program said on Friday.
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NEW YORK-- LyondellBasell Industries NV, which refines oil and makes chemicals and plastics used in manufacturing and construction, returned to a profit in its fourth quarter free of charges to refinance and shut down a French refinery.
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The Netherlands has nationalized bank and insurance group SNS Reaal in a $14 billion rescue that highlights the fragility of European banks and the continued exposure of taxpayers five years after the financial crisis erupted.
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CANBERRA, Australia-- A support vessel for the Japanese whaling fleet is sailing in Australian waters in pursuit of anti-whaling activists, Australia said after protesting to the Tokyo government.
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ANCHORAGE, Alaska-- The united command overseeing the salvage of the Royal Dutch Shell PLC drill barge says the vessel's damage poses no threat to its stability while it's anchored off an Alaska island.
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*Property crashes in Spain, Ireland intensified crisis. A bursting of the property bubbles in Ireland, Spain and, to a lesser extent, Portugal not only erased years of economic growth but left banks with trillions of euros of bad loans and has pushed up unemployment to record levels.
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THE HAGUE, Jan 31- Cypriot Finance Minister Vassos Shiarly said on Thursday he expected Russia to extend the maturity of a 2.5 billion euros loan to his euro zone country to 2022 from 2016.. Shiarly appeared in parliament to address questions about a European Union bailout for the island.
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BRUSSELS, Jan 31- EU antitrust regulators stepped up their fight against companies blocking the market entry of cheaper generic medicines, with charges against Johnson& Johnson and Novartis over a pay-for-delay deal in the Netherlands.
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BRUSSELS, Jan 31- EU antitrust regulators charged pharmaceutical firms Johnson& Johnson and Novartis on Thursday over the delay of a generic competitor for painkiller fentanyl in the Dutch market.
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BRUSSELS, Jan 31- The European Commission said on Thursday it wanted EU member states restrict the use of pesticides linked to the decline of bees. A report from the European Food Safety Authority earlier this month said three widely-used neonicotinoid pesticides, made by Switzerland's Syngenta and Germany's Bayer, posed an acute risk to honeybees.
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LONDON, Jan 30- Growing palm oil trees to make biofuels could be accelerating the effects of climate change, new research showed on Wednesday, adding further weight to claims the crop is not environmentally sustainable.
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Jan 30- Royal Dutch Shell's operations in Nigeria came under the spotlight on Wednesday after a Dutch court ruled that the company could be held partially responsible for pollution in southern Nigeria. Following are some of the highlights of Shell's history in Nigeria.
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*Issue could put Ireland, Spain, others under renewed pressure. BRUSSELS, Jan 30- In September last year, at a below-the-radar meeting in Helsinki, three euro zone finance ministers came up with a two-word phrase that sounded harmless at the time but has since troubled European leaders a great deal.
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AMSTERDAM, Jan 30- A Dutch court ruled on Wednesday that Royal Dutch Shell can be held partially responsible for pollution in Nigeria's Niger Delta region and ordered it to pay damages to one farmer. The court dismissed four out of five allegations against the company. The amount of damages to be paid was to be announced at a later date.
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WASHINGTON, Jan 29- U.S.-based global companies are increasingly shifting profits into tax havens like Bermuda and Switzerland, a government report said, a finding likely to fuel debate over the taxes corporations pay and their flexibility in locating profits.
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*Sees 20 mln customers in Europe this year. PARIS, Jan 29- Vente-Privee, the French firm that pioneered online sales events, plans to slow down expansion in the United States to become profitable as soon as possible in the highly competitive market.
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AMSTERDAM, Jan 29- Philips Electronics agreed to sell its audio and video business to Japan's Funai Electric Co for 150 million euros, quitting a traditional sector to focus on its more profitable home appliances and healthcare operations.
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Dutch Queen Beatrix, who turns 75 on Thursday, announced she was abdicating in favor of her son, Prince Willem-Alexander, telling her country it was time to hand the crown to the next generation after more than three decades on the throne.