ENI announces energy venture with Egypt Middle East Online | MILAN - Italian energy group ENI said on Wednesday it had signed an agreement with Egypt on the production and transportation of oil and gas which would raise Egypt's profile as a supplier to the Middle East and Mediterranean region. | ENI and the two Egyptian state-owned oil companies EGPC and EG...
(photo: AP / Keystone, Alessandro Della Bella, File)
UBS and Deutsche Bank Report Gains for Second Quarter The New York Times | FRANKFURT — Shares of UBS of Switzerland and Deutsche Bank of Germany rose sharply after they reported second-quarter earnings Tuesday, signaling renewed confidence in European banks after official stress tests showed that most large institutions are solid. | Shares of UBS soared 9 percent a...
The scoop on unauthorized celeb books: fewer sales The Boston Globe | NEW YORK-Put Angelina Jolie's face on a magazine cover and sales will surely rise. Get her to write a memoir and it would be worth millions. But write a book about her, without her cooperation, and you're taking a chance. | Coming a week after the ...
Italy's Bulgari posts modest 2Q profit Newsday | July 29, 2010 | (AP) — The Italian jeweler Bulgari returned to a modest profit in the second quarter as sales of jewelery in all categories except watches picked up, the company said Thursday. | Bulgari reported a second-quarter profit of ...
PartyGaming to merge with online gambling rival The Guardian | PartyGaming says deal with Bwin will create world's biggest publicly listed internet gambling firm PartyGaming says the deal with Bwin will create a group worth $3.3bn. Photograph: Graham Turner | PartyGaming and its Austrian-based rival Bwin today...
Enel set to name renewable IPO banks, ups forecast The Guardian * Set to announce banks for renewable IPO * Dual-track approach to IPO still the case * Full-year earnings guidance raised * CEO very confident will achieve end-year debt target (Releads; adds conference call details) By Stephen Jewkes MILAN, July 29...
Geox confident of recovery as Q2 sales up The Guardian * H1 net profit 37.9 million eur vs 56.6 million eur a year ago * Q2 sales up 4 percent, autumn/winter 2010 orders up 2 percent * Says remains "cautious" on 2010 * Shares close up 7.48 percent, outperform market (Adds comments, details, shares) By An...
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Wal-Mart to Roll Out Smart Tags on Men's Basics The New York Times | Filed at 2:55 p.m. ET | NEW YORK (AP) -- Wal-Mart Stores Inc. is putting electronic identification tags on men's clothing like jeans starting Aug. 1 as the world's largest retail...
GE Raises Quarterly Dividend 20 Percent The New York Times | Filed at 12:44 p.m. ET | FAIRFIELD, Conn. (AP) -- General Electric says it is raising its quarterly dividend by 2 cents, the first increase since it deeply slashed its payment to...
Italian Govt Seeks Roundtable on Fiat Production The New York Times | Filed at 12:14 p.m. ET | MILAN (AP) -- Premier Silvio Berlusconi said Friday that Fiat can build cars where it sees fit, but his government still wants to have a roundtable talk ...
Austerity package approved in Italy Newsday | July 29, 2010 | (AP) — The Italian parliament has approved a €25 billion (nearly $30 billion) austerity package aimed at cutting the country's budget deficit. | The lower house of parliament passed the measure on Thursday. The Senate had...
Fiat Naples plant be stand outside national body The Guardian (Adds background, details) TURIN, Italy, July 29 (Reuters) - The new company being set up to manage carmaker Fiat SpA's plant near Naples will stand outside the Confindustria business union, meaning it will not be covered by national job contracts, a...
Italian bond sale draws solid demand, yields dip The Guardian * Italy sells nearly 9.5 bln euros of bonds * Demand holds up mid-year, bias towards short-dated paper * Further yield spread tightening in quiet August likely By George Matlock LONDON, July 29 (Reuters) - Euro zone peripheral bellwether Italy drew s...
Italian Govt Seeks Roundtable on Fiat Production The New York Times | Filed at 12:14 p.m. ET | MILAN (AP) -- Premier Silvio Berlusconi said Friday that Fiat can build cars where it sees fit, but his government still wants to have a roundtable talk with Italy's largest manufacturer to discuss the announcement this week that it would produce new minivans in Serbia instead of Italy. | ''In a free economy and a free co...
