In Tuesday's Europe papers

06 January 2009 05:30  [Source: ICIS news]

FINANCIAL TIMES

Front page

Israel rejects EU calls for ceasefire
Israel rebuffed a call from visiting European foreign ministers on Monday for an immediate ceasefire in its Gaza offensive, as troops engaged in their heaviest clashes with Hamas fighters and the civilian death toll mounted.

Hamas faces a share of the blame
As Hamas’s leaders face both an unrelenting Israeli bombardment and Israeli troops swarming around them, they are facing one of the sternest tests the Islamist group has confronted since its 1987 founding.

Companies and markets

Apple chief reveals hormone imbalance
Steve Jobs has revealed that his recent weight loss was due to a hormone imbalance and that he was currently undergoing treatment to correct the condition, but would remain Apple chief executive.

Reports of $300bn Obama tax cuts lift mood
Optimism about efforts to revive the global economy helped improve investor risk appetite on Monday and provided support to equities, the dollar and money markets.

INTERNATIONAL HERALD TRIBUNE

Front page

Israel drives deeper into Gaza, rebuffing diplomatic efforts
Israeli troops commandeered high-rise buildings in three eastern districts of Gaza City on Monday, expelling residents and shooting militants in the streets in their furious effort to break Hamas's fighting ability.

Obama chooses Panetta as CIA chief in surprise step
Leon Panetta, a former congressman and White House chief of staff, has been selected by President-elect Barack Obama to head the Central Intelligence Agency.

Marketplace

Automakers fear new normal of lower sales in US
The collapse of the US new-car market dragged on in December, raising questions of whether the auto industry will ever again have sales levels that it took for granted just a few years ago.

Apple's Jobs says he will continue as CEO
The co-founder and chief executive said the ailment had been causing his recent weight loss but said the condition was treatable.

THE MOSCOW TIMES

No new updates

DER SPIEGEL

Front page

Days of war, days of rage
Israel hopes to critically weaken Hamas with its attacks in the Gaza Strip.

'Israel has a habit of closing its eyes to hard facts'
The Israeli military strike in Gaza will have "unforeseeable consequences" for the region, warns former UN Secretary-General Boutros Boutros-Ghali.

HURRIYET DAILY NEWS

Front page

Amid sound and fury, an enduring alliance
Israeli aggression against Palestinians in the Gaza Strip will not stunt the growing ties between Israel and Turkey, despite that the Turkish government has become the most outspoken state in criticizing the Israeli government.

Connecting people in Istanbul and Kirkuk overland
As relations between Turkey and northern Iraq begin to heal, a bus company has started traveling between Istanbul and Kirkuk.

Business and finance

Development, but without diversity
Development agencies, aiming to foster regional growth, are generating conflict due to a lack of diversity in executive committees.

Talks over new IMF loan deal to resume
An International Monetary Fund, or IMF, delegation headed by Turkey Mission Chief Rachel van Elkin is expected to visit Turkey tomorrow as the country seeks to reinforce the economy against the shock waves of the global economic crisis.

WARSAW BUSINESS JOURNAL

Front page

Global bourses begin 2009 on a positive note
The main global indices went up on the first days of trading in January with an average growth of 3% on the European floors, which might suggest that investors are trying to put the bitterness of 2008 behind them.

Sfinks riddled with troubles?
On the last day of 2008 the Sfinks restaurant chain published a very negative communique, in which the new management board blames the former one for the company's financial difficulties.

By: Staff Reporter
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