×

Europe News London

  • LONDON/ NEW YORK, Oct 10- Dutch bank Rabobank. is weighing three offers for its asset management arm Robeco as it has to choose between bids to split the 2 billion euro plus business or keep it whole, people familiar with the situation said.

  • LONDON, Oct 10- EADS defended its failed efforts to forge a $45 billion merger with BAE Systems on Wednesday, noting progress had been made with some governments and shareholders but that the German government had not spelled out why it opposed the deal. "No firm reason has been given for the German opposition," an EADS spokesman said. "

  • *Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks were set for a slightly lower open on Wednesday as earnings season started with a warning from Alcoa about slower aluminum consumption, underscoring concerns about sluggish worldwide growth.

  • NEW YORK-- Led Zeppelin will not be reuniting any time soon. Just the mere mention of the topic set lead singer Robert Plant off at their news conference for the bands upcoming concert film, "Celebration Day."

  • LONDON, Oct 10- Raiffeisen Bank International announced plans to optimise its capital structure on Wednesday by asking investors to exchange an Upper Tier 2 note callable later this month into a new longer dated Tier 2 security.

  • LONDON, Oct 10- Brent crude oil held above $114 a barrel and close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • *Sources said Germany opposed the $45 billion aerospace merger. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and sources close to the talks blamed Germany for wrecking the $45 billion deal. "Germany blocked the deal, although all demands from the German side were met.

  • *BC Partners, EQT, Providence, Discovery showed interest. STOCKHOLM/ FRANKFURT, Oct 10- ProSiebenSat1. Private equity firms BC Partners, EQT, Providence Equity Partners and network Discovery Communications have shown interest for the assets, according to two people, who declined to be identified as they are not authorised to speak to media.

  • *Roumani to cap fund's size at $1 bln. LONDON, Oct 10- Fahad Roumani, the JP Morgan "prop" trader still making bets with the bank's capital, has made clients in his hedge fund 14 percent this year, boosting efforts to win new investors and replace money the bank has started to pull from the fund. Roumani's JPS Credit Opportunities Fund, which JP Morgan.

  • *In Britain, world's largest market, political risk rises. BRUSSELS/ LONDON, Oct 10- Political wavering in Britain, the world's biggest offshore wind market, is casting doubt on European ambitions to build a fleet of gigantic turbines out at sea, desperately needed to meet legally binding climate change targets.

  • Exporters with a global reach, an economy that has stayed out of recession, and an abundance of solid household names made Germany a top pick for those who wanted to- or had to- invest in euro zone equities when the currency union's future looked in question earlier this year.

  • LONDON, Oct 10- Talks on a $45 billion merger between EADS and BAE Systems collapsed on Wednesday after the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.

  • *UK PM says won't waver from austerity despite IMF warning* Conservatives lag Labour in polls ahead of 2015 election By Matt Falloon and Mohammed Abbas.

  • *Companies say they have terminated discussions* Sources said Germany opposed the $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 2.5 pct, EADS up 2.5 pct By Sophie Sassard and Jason Neely.

  • LONDON-- British defense contractor BAE Systems PLC and its European counterpart EADS NV on Wednesday abandoned a proposed merger that would have created a global defense and aerospace giant.

  • *Alcoa beats expectations but cautions of slowdown. NEW YORK, Oct 10- U.S. stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. Alcoa shares lost 0.7 percent to $9.07 in.

  • LONDON, Oct 10- Talks on a $45 billion merger of EADS and BAE Systems collapsed on Wednesday when the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.

  • By Sophie Sassard LONDON, Oct 10- EADS and BAE Systems. will not ask for an extension to their merger talks on Wednesday, sources close to the negotiations said, calling an end- for now- to a plan to create the world's largest defence and aerospace company.

  • LONDON, Oct 10- Telephones and email accounts belonging to Indonesia's politically connected Bakrie family and their group of companies have been infiltrated and compromised, a group official said, adding the crime has been reported to Indonesian police.

  • LONDON, Oct 10- EADS and BAE Systems.