In Monday's Europe papers

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

FINANCIAL TIMES

Front page

Vodafone eyes T-Mobile UK bid
Vodafone is considering an offer to buy T-Mobile UK in an audacious move that would have huge repercussions for the British mobile phone market.

Mandelson draws election battle lines
Peter Mandelson on Monday sets out Labour’s battle lines for the next election, promising his party will outspend and out reform the Conservatives on public services.

Companies and markets

Anglo American seeks Brazil stake buyer
Anglo American is sounding out potential investors for its Brazilian ore assets as it prepares a detailed response to Xstrata’s £40bn (€47bn) merger proposal and accelerates the search for a new chairman.

Overview: Central banks point up risks ahead
Further signs of economic "green shoots" were thin on the ground this week, leaving riskier assets such as equities and commodities struggling to gain traction and providing a positive backdrop for government bonds.

INTERNATIONAL HERALD TRIBUNE

Front page

Honduran president is ousted in coup
After President José Manuel Zelaya was ousted by the army on Sunday, the Honduran Congress chose Roberto Micheletti to be the new president.

Persian station in Britain rattles officials in Iran
The BBC’s Persian-language channel has been singled out as the main threat among foreign news broadcasters for what the Iranian government calls biased coverage.

Business

Exiled to Russia’s far reaches: Casinos and thousands of jobs
The government is shutting down every legal casino and slot-machine parlour in the country on Wednesday, throwing hundreds of thousands of people out of work.

Shell faces even more revamping
Jeroen van der Veer deftly righted the oil major after an accounting scandal. His successor, Peter Voser, will continue the company’s overhaul.

THE MOSCOW TIMES

Front page

Shell welcomes Putin's Sakhalin offer
Prime Minister Vladimir Putin offered Royal Dutch Shell a role in the Sakhalin-3 and Sakhalin-4 natural gas projects on Saturday, just two and a half years after Europe’s biggest oil producer was forced to cede control of Sakhalin-2 to Gazprom.

Survey: World's richest expats live in Russia
Forget the American dream. If you want to make money in a foreign country, the place to go is Russia, which a new survey found to be home to the "wealthiest expats in the world."

Business

Aeroflot Terminal to open in winter
Aeroflot will move all of its flights to Sheremetyevo's glistening new Terminal 3 before switching to its winter schedule this year, CEO Vitaly Savelyev told reporters on Friday after showing off the facility to visiting airline executives.

Indexes finish week with mild rebound
The MICEX and the dollar-denominated RTS, which was touted at the beginning of the month as the world's best-performing equity index, and are again in bear territory.

DER SPIEGEL

Front page

Obama praises his 'friend Chancellor Merkel'
During German Chancellor Angela Merkel's White House visit on Friday, one thing topped the agenda: a show of friendship. US President Barack Obama praised Merkel to the hilt, while she returned the compliment.

The vanishing power of President Kirchner
With Congressional elections set for on Sunday, Argentineans will pass judgment on their government's crisis management this weekend.

HURRIYET DAILY NEWS

It’s women only at this discotheque
It’s not so long since wearing jeans was an issue of contention among the country’s religious circles. Today, resorts are catering to the faithful with single-sex discos, complete with DJs and drinks - albeit with a non-alcoholic twist.

Turkey to choose helicopter model
Turkey's top decision-making body on defense procurement is expected this week to select a solution that would meet the nation's military and civilian needs for general-purpose helicopters over the next couple of decades.

Business and finance

Corporate profits melt despite increasing sales
The global financial meltdown has reduced net profits of Turkish companies, says to an annual report by Fortune magazine.

Dollar drops as China urges new architecture
As the People’s Bank of China calls for the International Monetary Fund to manage more of member countries’ foreign exchange reserves, the dollar declines.

WARSAW BUSINESS JOURNAL

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By: Staff Reporter
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