• Statoil to Acquire Norsk Hydro's Oil, Gas Business Monday, 18 Dec 2006 | 4:15 AM ET

    Norway's Statoil has agreed to acquire the oil and gas activities of Norsk Hydro to create a national champion, the companies said on Monday, driving theirs hares up sharply.

  • French yogurt, cookie and bottled water giant Groupe Danone will form a joint venture to make yogurt with China Mengniu Dairy, the country's biggest milk producer by volume, the companies said Monday.

  • Euro-Zone Inflation Rises to 1.8% Friday, 15 Dec 2006 | 8:01 AM ET

    Inflation in the 12 nations using the euro currency rose to 1.8% in November, up 0.2% point from 1.6% in October, when it stood at its lowest of the year, the EU statistics agency Eurostat estimated on Thursday.

  • European Agency Backs Glaxo Bird-Flu Shot Friday, 15 Dec 2006 | 7:44 AM ET

    A first-generation experimental bird flu vaccine for use in humans from GlaxoSmithKline has won outline support from European regulators.

  • The government's 2007 budget is put to a confidence vote Friday in the Italian Senate, where Premier Romano Prodi's center-left forces hold a one-seat majority.

  • Japan Tobacco to Buy Gallaher for $14.7 Billion Friday, 15 Dec 2006 | 3:02 AM ET

    Japan Tobacco said on Friday it would buy Britain's Gallaher Group for $14.7 billion in the biggest-ever foreign acquisition by a Japanese company.

  • HBOS Full-Year Performance to Beat Market Expectations Thursday, 14 Dec 2006 | 4:08 AM ET

    HBOS, the British banking group, said Thursday that it expects full-year earnings to exceed market expectations because of growing revenue and tight cost control.

  • Trinity Mirror to Sell Some Newspapers Thursday, 14 Dec 2006 | 4:05 AM ET

    Trinity Mirror, publisher of the Daily Mirror newspaper, said Thursday it intends to sell its sports titles and regional papers in central and southern England and return some of the net proceeds to shareholders.

  • Finland's Inflation Surges to 2.1% Thursday, 14 Dec 2006 | 4:00 AM ET

    Finland's annual inflation rate jumped to 2.1%  in November, the highest figure in almost five years, the government statistics agency said Thursday.

  • Swiss National Bank Raises Rates 25 Basis Points Thursday, 14 Dec 2006 | 3:56 AM ET

    The Swiss National Bank raised short-term interest rates by 25 basis points on Thursday for the fifth quarter running, as expected, continuing its gradual monetary tightening despite ultra-low inflation.

  • German consumer prices dipped in November as lower fuel prices caused an easing on costs in Europe's biggest economy.

  • EU Court Rules Against U.K. Tax on Foreign Dividends Tuesday, 12 Dec 2006 | 5:52 AM ET

    Britain broke European Union rules by taxing dividends received by U.K. companies from units elsewhere in the bloc, the EU's top court said on Tuesday in a ruling that will force London to repay huge rebates.

  • Bloomsbury Publishing Shares Drop as Company Warns Tuesday, 12 Dec 2006 | 5:32 AM ET

    Shares in Bloomsbury Publishing, the publisher of the Harry Potter books, plunged 27% Tuesday after the company said full-year profit may not meet analysts' forecasts because of weak sales in the pre-Christmas period.

  • U.K. Inflation Rises to 2.7% in November Tuesday, 12 Dec 2006 | 5:20 AM ET

    Consumer price inflation in the United Kingdom accelerated to 2.7% percent in November compared to the same month a year ago -- the highest rate in a decade, the government said Tuesday.

  • EU Court Rules Against Germany on Tobacco Ads Tuesday, 12 Dec 2006 | 5:15 AM ET

    Germany lost its bid on Tuesday to overturn European Union rules that ban tobacco advertising and sponsorship after Europe's highest court upheld laws passed by EU governments and the European Parliament.

  • Nasdaq Launches $5.3 Billion Hostile Bid for LSE Tuesday, 12 Dec 2006 | 4:04 AM ET

    Nasdaq launched its $5.3 billion hostile bid for the London Stock Exchange on Tuesday, appealing directly to investors after being spurned by Europe's biggest stock market.

  • Siemens Adjusts '06 Profit Tuesday, 12 Dec 2006 | 3:47 AM ET

    Siemens adjusted its net income for fiscal year 2006 because of more tax charges related to an ongoing corruption scandal.

  • Royal Dutch Shell has made a new offer to Gazprom on terms for the state-controlled Russian natural gas giant to join a Shell-controlled energy project off the Pacific island of Sakhalin, a company official said Monday.

  • French Bank Chief Francis Mayer Dies Monday, 11 Dec 2006 | 3:52 AM ET

    Francis Mayer, chairman and chief executive officer of French state-owned bank CDC, has died at age 56 in Paris.

  • Italy to Sue Autostrade in Blow to Abertis Deal Monday, 11 Dec 2006 | 2:53 AM ET

    The board of Italy's highways regulator, ANAS, has decided to sue highway operator Autostrade  for failing to make $2.7 billion in investments stipulated by its tollways license.