In Wednesday's Europe papers

18 November 2009 05:30  [Source: ICIS news]

FINANCIAL TIMES

Front page

Archie Norman to be new ITV chairman
Ex-Asda boss to fill Michael Grade’s chair after months of searching.

Brown focuses on fiscal bill in Queen’s speech
Aim to bring cabinet ministers into line on cuts.

Companies and markets

Goldman apologises for role in crisis
$500m pledged to help small businesses.

Equities struggle to hold on to new highs
Stocks pause as dollar firms and commodities pull back

INTERNATIONAL HERALD TRIBUNE

Front page

Plan to expand Jerusalem settlement angers US
Israel said it had advanced plans to expand a district of Jerusalem that Palestinians also claim, a move likely to complicate the White House’s efforts at peace talks.

Paying more for flights eases guilt, not emissions
The sheer size of the airline industry’s emissions makes it hard to judge the effectiveness of carbon offset programs.

Marketplace

Younger buyers challenge luxury retailers in Asia
Asia has a luxury shopping customer base whose tastes and expectations, and even average age, are different from those in Europe or America.

14,700 disclosed offshore accounts
The IRS announced the number as it released the criteria to get names of account holders in a UBS tax case.

THE MOSCOW TIMES

Front page

Report: anti-graft drive mostly talk
The anti-corruption watchdog says the decision to move Russia up a notch to 146th place - tying with Ukraine and squeezed between the African nations Kenya and Sierra Leone - was based more on Medvedev’s words than his actions.

Hermitage lawyer dies suddenly in custody
Sergei Magnitsky, a father of two, died at 9:50 pm on Monday of apparent toxic shock and heart failure, said Irina Dudukina, a spokeswoman for the investigative committee of the Interior Ministry.

Business

Russia, EU launch joint patent program
The European Commission has invested 500,000 euros ($744,000) in the project, which aims to work with the Federal Service for Intellectual Property, or Rospatent, to strengthen Russian intellectual property legislation and protection.

En+ to cede half of stake in KAP plant
En+ Group says the government of Montenegro would issue guarantees on up to 135m euros ($201.1m) in debt to cover loan repayments and redundancies at Kombinat Aluminijuma Podgorica.

DER SPIEGEL

Front page

Obama has failed the world on climate change
US President Barack Obama came to office promising hope and change.

Europe's bumbling search for an international voice
With the Lisbon Treaty soon to become reality, the European Union is struggling to find a president and a foreign minister.

HURRIYET DAILY NEWS

Front page

Canceled nuclear tender disappoints Russians
News that Turkey is going to cancel the tender won by a Russian-led consortium to build a nuclear power plant has disappointed Russians.

'Religion loves tolerance, but is not tolerant'
Turks identify themselves as religiously tolerant, but the results of a survey dispute this conclusion.

Business and finance

Sugar factories against foreign investors
The government announced the auctioning off and privatisation of the six sugar factories owned by Türkiye Şeker Fabrikaları, or Türkşeker on 19 November.

Top executives wanted
As the impacts of the global economic crisis start to diminish, new activity can be observed in the employment of top executives.

WARSAW BUSINESS JOURNAL

Front page

Bulgarians arrested in Poland over international identity theft case
Two Bulgarians have been arrested in Poland as part of a widespread operation between Europol and the Polish, Austrian and Bulgarian police forces.

Puławy declares zł31m in net loss
The largest chemical group in Poland, Puławy, revealed it has made a net loss of zl31m in the first three quarters of 2009, compared to a profit of zl150m in the same period last year, the firm said in a statement.

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