In Wednesday's Europe papers

22 July 2009 05:30  [Source: ICIS news]

FINANCIAL TIMES

Front page

NHS hospital faces partial sell-off
The private sector is to be invited for the first time to take over and run a big NHS hospital - including its accident and emergency and maternity services - under plans backed by the Department of Health and the Treasury on Tuesday.

China to deploy foreign reserves
Beijing will use its foreign exchange reserves, the largest in the world, to support and accelerate overseas expansion and acquisitions by Chinese companies, Wen Jiabao, the country’s premier, said in comments published on Tuesday.

Companies and markets

Profits boost for US industry
Corporate America took another step along its long road to recovery on Tuesday as companies from the industrial heartland of Peoria to the technology hubs of Silicon Valley reported stronger-than-expected profits and bullish outlooks.

Overview: Upward track maintained after US earnings
Positive US earnings news kept global equity markets on a broadly upward path on Tuesday. However, Wall Street pulled back after climbing to its 2009 highs.

INTERNATIONAL HERALD TRIBUNE

Front page

Pakistan objects to US expansion in Afghan war
Pakistan is objecting to expanded American combat operations in neighbouring Afghanistan, creating new fissures in the alliance with Washington at a critical juncture when thousands of new American forces are arriving in the region.

Islamist militia threatens Kenya’s border
A thin, dusty line is about the only thing separating Kenya, one of the Western world’s closest allies in Africa, from the Shabab, a radical Islamist militia that has taken over much of southern Somalia, beheading detractors, stoning adulterers and threatening to kill any Americans or Europeans who get in their way.

Business

France resists a power-monitoring business
A decision by France’s energy regulator that seems to defy both logic and Europe’s green consciousness has set off a political storm here.

Fed aims to hold down interest rates
The economy is finally improving, but enough potholes lie ahead that the Federal Reserve needs to keep interest rates close to zero, at least until unemployment begins to come down, the Fed’s chairman, Ben S Bernanke, told Congress on Tuesday.

THE MOSCOW TIMES

Front page

No new updates

Business

Watchdog’s powers expanded
The Federal Anti-Monopoly Service on Tuesday welcomed President Dmitry Medvedev’s signing into law a suite of anti-monopoly bills that will grant the watchdog broader oversight powers.

Car sales plummet by 55% in H1
The number of new and used cars sold in Russia plummeted 55% in the first half of 2009 and could end up falling 60% by year-end if the state does not act fast, PricewaterhouseCoopers said on Tuesday.

DER SPIEGEL

Front page

Freed Guantanamo detainees claim post-Obama mistreatment
An Algerian man spent seven and a half years at the Guantanamo prison camp. He claims that abuse of detainees at the prison continues, despite President Obama’s order forbidding any forms of torture.

German Mayor in trouble for awarding communist medal
The mayor of the eastern German town of Prenzlau was so pleased with one of his officials that he awarded him a vintage East German "Banner of Labor 1st Class". He has responded to the public outcry by saying it was a joke - but faces calls to emigrate to North Korea.

HURRIYET DAILY NEWS

Front page

Beyoğlu, a safe place to go?
After a German tourist was killed in broad daylight Monday morning on İstiklal, a crowded pedestrian street in Taksim, the question of safety in Istanbul’s Beyoğlu area has once again become the talk of the town.

Uighur activist leader praises Turkish position on China
Top Uighur activist Rebiya Kadeer on Monday praised Turkey for condemning China for a crackdown targeting Uighurs in the western Chinese region of Xinjiang in the wake of ethnic violence in early July.

Business and finance

Turkish exporters eye Latin America
Turkish exporters turn to Latin America and Africa following contractions in their conventional markets, such as Russia, United States and Europe.

Report forecasts Turkey’s energy score
Turkey will account for more than 10% of Central and Eastern European regional power generation by 2013, and remain a net exporter of electricity to neighbouring states, according a publisher of specialist business information on global emerging markets.

WARSAW BUSINESS JOURNAL

Front page

Groceries more expensive in smaller towns
Basic foods can be up to 40% more expensive in areas of the country where large supermarket chains are not present.

Real estate prices in Warsaw dropped in Q2
The average price for a new apartment in the Polish capital dropped in the second quarter of the year, according to data gathered by real estate consultancy REAS.

By: Staff Reporter
+44 20 8652 3214

< previous article(ICIS Podcast: Chemical News Central 2 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