In Monday's Europe papers

15 June 2009 05:30  [Source: ICIS news]

FINANCIAL TIMES

Front page

Ahmadi-Nejad defiant after election
Mahmoud Ahmadi-Nejad said on Sunday that his declared re-election as president of Iran was a "blow to the oppressive system ruling the world" after a weekend in which thousands of protesters clashed with police and rivals demanded a re-run.

Netanyahu bows on Palestinian state
Benjamin Netanyahu, Israel’s prime minister, on Sunday gave conditional backing to the goal of creating an independent Palestinian state, but insisted such an entity would have to be subject to tough limitations on its sovereignty.

Companies and markets

Opposition grows to Ping An’s TPG deal
Opposition in China is building to a deal in which US private equity group TPG plans to sell its controlling stake in a Chinese bank to Ping An Insurance, the country’s second-largest insurer, for a profit of more than 150%.

Economic Outlook: Inflation takes centre stage
Inflation will be at the centre of attention this week. Some recent data have increased optimism among investors over an economic recovery but prompted concerns about the return of inflation and posed the question of when central banks might start to raise interest rates to choke off a possible inflationary spiral.

INTERNATIONAL HERALD TRIBUNE

Front page

Israeli Premier backs state for Palestinians, with caveats
The prime minister of Israel, Benjamin Netanyahu, on Sunday endorsed for the first time the principle of a Palestinian state alongside Israel, but on condition that the state was demilitarised and that the Palestinians recognised Israel as the state of the Jewish people.

Unrest in Iran deepens as leading critics are detained
Violence and acrimony over Iran’s disputed election intensified on Sunday, with word spreading that more than 100 prominent opposition members had been detained, riots erupting in Tehran and other cities and the triumphant incumbent hinting that his top challenger risks punishment for questioning the result.

Business

A world of risk for a new brand of journalist
As the journalists Laura Ling and Euna Lee complete their third month of detainment in North Korea, it remains rather astonishing that they were there in the first place to report for a fledgling cable channel.

Insurance giant AIG takes ex-chief to court
The latest act in the drama of the American International Group opens on Monday when the ailing insurance giant takes its former chief executive to court, accusing him of plundering a trust that it says was set up to pay top performers.

THE MOSCOW TIMES

Front page

Lukashenko skips Moscow summit
Belarussian President Alexander Lukashenko skipped a key security summit on Sunday, raising the stakes in an escalating trade conflict with Moscow.

Bureaucracy puts Kyoto cash out of reach
The Arkhangelsk paper mill, one of the biggest in the country, raised about 1.5m euros ($2.1m) over six years by voluntarily cutting its carbon dioxide emissions.

Business

Region paves way for state control of firm
The Primorye region on Sunday brokered the handover of miner Russian Tungsten to new owners following a year of protests over wage arrears at the company and a Kremlin warning that Far East political leaders should resolve the dispute.

Yacht linked to Abramovich sets sail
A 170-metre yacht believed to belong to billionaire Roman Abramovich sailed out of a shipyard in Hamburg, Germany, on Friday.

DER SPIEGEL

Front page

‘In Football, We Are All Iraqis’
In a country wracked by sectarian violence, the Iraqi national soccer team is seen as a symbol of both national unity and a better future.

Economic crisis sends aviation sector into a tailspin
The economic crisis is rattling the aviation sector and no company has been left unscathed.

HURRIYET DAILY NEWS

Front page

Protests, violence follow Iran vote
Tehran sees Iran’s worst street violence in a decade yesterday, after demonstrations contesting President Ahmadinejad’s landslide electoral victory flare up for a second day.

Rx for sick economy: Medical tourism
Turkey should have a bigger share of the fast developing medical tourism industry, urged the country’s top business association.

Business and finance

Export concepts, says OYAK chief
OYAK, Turkey’s leading pension fund which is active in automotive, steel, cement and energy, may ‘export’ the formula that made it a success over the past nine years, according to Chairman Coşkun Ulusoy.

G8 ministers ponder how to unwind policy
Meeting in Lecce, Italy, over the weekend, finance ministers of G8 nations begin considering how to backtrack on the current expansionist monetary policies. However, many agree it is still ’too early’.

WARSAW BUSINESS JOURNAL

No new updates

By: Staff Reporter
+44 20 8652 3214

< previous article(VIDEO - ICIS news Europe Lunchtime Bulletin 27 October 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