In Tuesday's Europe papers

20 October 2009 05:30  [Source: ICIS news]

FINANCIAL TIMES

Front page

Karzai decision on run-off expected
UN watchdog rejects ballots in tainted vote.

Rajaratnam’s ‘unusual activity’ in Hilton shares led to charges
NYSE reported trades to SEC after detection.

Companies and markets

GM still confident of Opel-Magna deal
Fritz Henderson says holding onto European carmaker still a fallback option, but main thrust is on selling to Canadian-Russian consortium.

Overview: big earnings week starts positively
A week in which more than 25% of the S&P 500 are due to release their third-quarter results, earnings started in a broadly positive mood.

INTERNATIONAL HERALD TRIBUNE

Front page

Afghan leader set to accept runoff after election audit
Under heavy international pressure, President Hamid Karzai appears set to concede that he fell short of a first-round victory in the nation’s disputed election.

Trampolinists stay in sync despite distance
Logan Dooley and Steven Gluckstein may be the only high-level synchronised trampoline team that does not regularly train together.

Business

French aviation company reaches beyond borders
Dassault Aviation has reached a tentative deal with Brazil that includes up to 120 aircraft and a total transfer of technology.

Apple’s profit climbs 47% as sales gain
Strong sales of the iPhone and Macintosh computers helped Apple post strong gains while rivals still struggle.

THE MOSCOW TIMES

Front page

Tower causes rare government split
In a sign of the division, two state-controlled television channels aired competing reports on Sunday night about Okhta Center, which is to serve as the headquarters for Gazprom Neft but has met with fierce public opposition.

Corruption seeps into online state tenders
When Vologda State Pedagogical University wanted a new car, it did what all state organisations do: published a notice on the federal government’s website for state purchases. But the university did not want just any car.

Business

AvtoVAZ says it may file for bankruptcy
The government has given AvtoVAZ 25bn roubles ($853m) in emergency loans, while the carmaker has slashed salaries and announced plans to eliminate thousands of jobs.

Central bank seeks foreign loan caps
Recent improvements in global liquidity, combined with rising crude prices, have disquieted Russian officials concerned that the country’s cash-starved enterprises will turn to foreign money again to finance their activities - just as they did prior to the recession.

DER SPIEGEL

Front page

Under pressure, Pakistani army pushes into South Waziristan
An unprecedented wave of suicide bombings in recent weeks underscored the strength of the Islamic extremists entrenched in the border region between Pakistan and Afghanistan.

The sad state of Turkish-Israeli relations
Turkey has recently sought to secure a new role as Middle East mediator.

HURRIYET DAILY NEWS

Front page

Yerevan picks historians for commission
Yerevan has already picked the Armenian historians who are expected to take place in the controversial history commission.

Posters of missing children go up in Ankara
Posters of three children who went missing in Kayseri during the Ramadan Bayram holiday have been put up in buses and light rail systems across Ankara.

Business and finance

‘2010 will not be easy for banks,’ says top banker
In regards to bank profitability, 2010 will not be easy, according to Nafiz Karadere, vice president of Garanti Bank.

Expert scrutinises Russian-Turkish energy deals
As the Turkish government prepares to hold strategic talks with Russia by the end of the month, an energy expert questions energy cooperation.

WARSAW BUSINESS JOURNAL

Front page

The Polish currency to continue its appreciation
The złoty is set to appreciate in the medium term, according to a member of the National Bank of Poland’s Monetary Policy Council, Marian Noga.

New Warsaw co-generation plant by 2020
Swedish utility group Vattenfall’s Polish subsidiary Vattenfall Heat plans to build a new gas-powered heat and electricity generator at its co-generation plant in Warsaw. The unit should come online by 2020.

By: Staff Reporter
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