28 May 2007 07:00 [Source: ICIS news]
LONDON (ICIS news)--These were the top stories at 06:00 GMT in the following European newspapers’ online versions on Monday. To go to the individual websites, click the links below:
Jupiter secures covenant-light loan
Jupiter Asset Management has secured a £425m ($843m/€626m) covenant-light loan to back the buy-out of the fund manager from ?xml:namespace>
EU globalisation fund questioned
A contentious €500m ($672m) European Union “shock absorber” fund to help workers who lose their jobs to global competition has received just two requests for aid since its launch, raising questions about the extent of “delocalisation” of European jobs.
Companies and markets
Study into secret of drug success
Drugs groups should focus more on the demands of healthcare payers and less on doctors in order to make their new medicines a commercial success, according to study of medicine launches over the past decade
Elan challenges pharma pricing model
The head of Elan, the Ireland-based pharmaceutical group, has challenged the industry to overhaul its commercial model and offer groundbreaking new treatments at lower cost.
With allies in enemy ranks, GIs in
The gung-ho attitude that many
Militants widen reach as terror seeps out of
Evraz to take over Mining Company
Steel giant Evraz Group announced Friday that it would assume full control of the company that owns the Yubileinaya mine, where a methane gas explosion a day earlier killed at least 39 miners.
Riot police detain gay right activists
OMON riot police detained gay rights activists, including three European lawmakers, on Sunday as they tried to deliver a letter to City Hall appealing a banned gay march.
Mironov tells experts the world is getting cooler
It was a failure from the start.
Rebgun wins Yukos Dutch case
Yukos receiver Eduard Rebgun won a Dutch court case that positions him to claim the bankrupt firm's remaining foreign assets, his spokesman said Friday.
Tour de France Victor Riis admits to doping
The confessions keep coming. Former Tour de France winner Bjarne Riis admitted on Friday to having taken the performance enhancing drug EPO. He's the seventh professional rider this week to come clean.
Germany's ‘silver workers are back on the job
The German economy is booming, but many firms are suffering from a lack of qualified employees. Now, they are rehiring many of the graying former employees they were sending into early retirement just a few years before.
Horses of Istanbul islands
The island municipality knocked down the ramshackle stables and promised to build new ones within a year. Though new stables are ready, the inauguration has been postponed twice. Two years on, the horses still reside in temporary tents.
Dreamy holiday at real prices
Now it is summer time. Everybody is fed up with working, going to school and struggling in traffic throughout the year. Now it is time to have a break. We know that you are thinking about having a good holiday.
Business and finance
Turkish president turns back bill on nuclear power
Turkish President Ahmet Necdet Sezer has sent back to Parliament portions of a bill setting the legal framework for the country's first nuclear power plants.
No loan for land property for those who don't own a house
Demand for land has awakened. In Ankara a piece of land with capacity for 70 villas was bought within seven days. But banks who see land as non-profit investment hesitate to grant loans.
Doctors strike success?
Four days into their general strike and with more and more hospitals joining the protest, leaders of doctors' unions met with Health Minister Zbigniew Religa yesterday at press time to discuss possible solutions to the conflict.
Teachers follow doctors lead to strike
The leaders of the Polish Teachers Union (ZNP) held talks with government representatives yesterday, who tried to convince them to withdraw from their plans to strike on 29 May.
Polish companies struggle to find and reward workers
More often than not, Polish companies are dealing with both a lack of workers and a lack of incentive when it comes to increasing wages.
State holds curious list of strategic companies
State-owned companies currently represent 25% of GNP, three times that of old EU countries, and according to a list of strategic companies prepared by the Treasury Ministry, this proportion is unlikely to change in the near future.
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