In Thursday's Europe papers

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

Front page

JPMorgan unveils £1bn Cazenove deal
US bank to retain David Mayhew as chairman.

Fridman to lead TNK-BP until 2011
New agreed CEO Barsky will spend a year preparing for job.

Companies and markets

'Billion dollar man’ to take helm at M&S
Share prices move £600m as Bolland leaves Morrison.

S&P quits Australia’s retail investment market
Standard & Poor’s is to quit Australia’s retail market following a decision last week by the nation’s regulator to strengthen oversight of credit rating agencies by making them more accountable for the advice they provide.

INTERNATIONAL HERALD TRIBUNE

Front page

Veto of Iraq’s election law could force vote delay
Vice President Tariq al-Hashemi, who blocked the measure over a provision on Iraqi refugees, said there was still time to amend the law.

Obama demands Afghan reforms produce results
President Obama sent Secretary of State Hillary Rodham Clinton to Afghanistan to press President Hamid Karzai to deliver “measurable results” in return for civilian aid.

Marketplace

Duelling alliances make aid offers to Japan Airlines
Delta offered $1bn in aid to Japan Airlines, a proposal that American Airlines said it would top as the world’s biggest air carriers escalated a war for influence.

At luxury stores, fewer goods and even fewer markdowns
High-end stores are trying to stamp out discount fever by stocking fewer items and selling them at full price.

THE MOSCOW TIMES

Front page

State lays claim to academic society
A shakeup at the St Petersburg-based Russian Geographic Society, which bills itself as Russia’s oldest organisation, has ruffled feathers in the group.

United Russia tripped up in tax bill debacle
A public outcry and rebuke from the Kremlin force the ruling party to call back a bill that it unanimously passed just days earlier.

Business

Central Bank averts $44m pension fund heist
The Pension Fund discovered the theft on Monday when it received a notice from the Central Bank that 1.25bn roubles had been transferred from its account.

RusHydro to finish dam alone
Energy Minister Sergei Shmatko says RusAl is pulling out of the Boguchanskaya project, leaving RusHydro to finish it alone.

DER SPIEGEL

Front page

Afghan attorney general to indict five leading politicians
Just one day before Afghan President Hamid Karzai is sworn in for his second term, the country’s attorney general has announced that he has prepared indictments against five top politicians on charges of corruption.

How the UN’s climate advocate wants to save the world
Achim Steiner heads up the UN Environment Program, a traditionally weak agency with an annual budget of just 200m dollars.

HURRIYET DAILY NEWS

Front page

More needs doing to protect children
Turkey's record on protecting children is extremely poor, according to advocates on the ninth anniversary of the World Day for the Prevention of Child Abuse

A challenging theater performance by transsexuals
Group Opal, a theater group, seeks to depict the ongoing struggles of Turkey's transsexuals, members of a community that has long been marginalised.

Business and finance

Gulf capital interested in Black Sea plateaus
Saudi Arabia-based investors are said to be seeking to purchase a plateau town in the province of Trabzon, famous for outdoor tourism.

Academics dig for data to prevent future crises
Two Turkish academics were awarded in the US for a paper on preparing an early warning system to mitigate risks of future financial crises.

WARSAW BUSINESS JOURNAL

Front page

Polish atheists and city dwellers do not like the president, says poll
Political parties in Poland are gearing up for the presidential elections due in a year's time.

Bank Pekao says will see growth in Q4
Bank Pekao, Poland's largest corporate lender, is set to report a growth in net profit in q/q terms in the last three months of the year, according to its CEO Jan Krzysztof Bielecki.

By: Staff Reporter
+44 20 8652 3214

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