In Thursday's Europe papers

08 May 2008 06:00  [Source: ICIS news]

FINANCIAL TIMES

Front page

Europe and US unite on stronger dollar
The US and Europe now have a united desire to see the dollar strengthen against the euro, senior officials have told the Financial Times. Policymakers welcome the recent rebound in the dollar, which at one point on Wednesday rallied to a six-week high against the euro.

Burma death toll could exceed 100,000
The death toll from the cyclone that struck Burma at the weekend could exceed 100,000, the US said as the first UN relief flights landed in the country to provide aid.

Companies and markets

Financial stocks weigh on Asian markets
Financial companies led Asia-Pacific stock markets lower on Thursday as worries about further subprime losses in the US emerged and traders reacted to a 1.8% fall in the S&P 500 overnight in New York

Grand Theft Auto sells 6m in first week
The Grand Theft Auto IV video game has stolen all entertainment records for an opening week, with global retail sales of about 6m copies, or $500m (€325m), according to Take-Two, its publisher.

INTERNATIONAL HERALD TRIBUNE

Front page

Myanmar faces pressure to allow major aid effort
As hungry, shivering survivors waited among the dead for help after a huge cyclone in Myanmar, aid agencies and diplomats said Wednesday that the delivery of relief supplies was being slowed by the reluctance of the country's secretive military leaders to allow an influx of outsiders.

Support for Clinton wanes as Obama sees finish line
Senator Hillary Rodham Clinton struck a publicly defiant posture on Wednesday about continuing her presidential bid despite waning support from Democratic officials and donors. Some of her advisers acknowledged privately that they remained unsure about the future of her candidacy.

Marketplace

Bush's veto threat provokes skirmish on housing bill
Emboldened by President George W Bush's threat to veto a Democratic plan to help homeowners in danger of foreclosure, House Republicans threw up repeated roadblocks to delay debate of the legislation on Wednesday, prompting an angry argument between party leaders over procedural tactics.

BlackRock to the rescue
One Saturday morning in March, Laurence Fink got some urgent news: Wall Street needed his help. Fink runs BlackRock, a money management company whose name probably rings few bells outside financial circles.

THE MOSCOW TIMES

Front page

President Medvedev stresses the law
In his first speech as head of state, newly inaugurated President Dmitry Medvedev vowed Wednesday to strengthen the rule of law and to bring as many Russians as possible into the middle class.

Barren streets, baffled tourists
At precisely 20 minutes past noon, a 30-gun salute echoed down narrow Nikitskaya Ulitsa in central Moscow. Few seemed to notice. A teenager with bright blond hair used the booms as a sly pretext to wrap his girlfriend in a bear hug.

Business

New claims in Rosneft power case
A Rosneft subsidiary filed new claims against TGK-11 in a Moscow court on Wednesday, saying the vote to create the utility was invalid because the shareholders' ballots were miscounted.

United plans direct Moscow flights
United Airlines plans to start nonstop passenger and cargo flights from Washington on 26 October, becoming the third US airline to offer direct flights to Moscow.

DER SPIEGEL

Front page

The end of the Clinton era
In the past few years, I have met two outstanding American women. One of them is named Hillary Clinton. We had arranged to meet in a small group for dinner at the upscale Berlin restaurant Borchardt. The New York senator had not yet revealed that she would be a future presidential candidate.

The rise of Turkey's new Left
Istanbul and Ankara are like antipodes. Although the cosmopolitan city on the Bosporus is not the capital, it is Turkey's shimmering showcase.

TURKISH DAILY

Front page

EU's mild counsel: Reform, balance
The EU yesterday preferred to assume a balanced, cautious stance toward the closure case filed against the ruling party and to numerate the government's to-do list required for full membership to the bloc.

Statement for greater energy cooperation
The EU, Arab-Mashreq countries, Iraq and Turkey agreed Monday on the importance of developing additional gas pipelines linking Iraq to Turkey and Iraq to Arab countries.

Business and finance

Global oil prices at a new high, above $120
World oil reached a new record price above $120(€78)/bbl yesterday as concerns over the US economy eased, analysts said.

GSM market to hail new partners
Turkey's GSM market, which has a volume of 65m subscribers, will grow further soon through a new implementation that will allow companies to offer phone line services just like GSM operators.

WARSAW BUSINESS JOURNAL

Front page

UKE to shake up the television industry
The multi-billion złoty television broadcast market is likely to be opened up to greater competition by the Electronic Communication Office (UKE). The market is currently dominated by three players - public television TVP, TVN and Polsat.

PKN Orlen considers building oil refinery in Ukraine
An initial offer of constructing a $5bn (€3.2bn) refinery in Ukraine by PKN Orlen in cooperation with Azeri Socar was made during the recent visit of PM Donald Tusk to Kiev.

By: Staff Reporter
+44 20 8652 3214

< previous article(VIDEO - ICIS news Asia Lunchtime Bulletin 3 November 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly