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European business - Romania April 16, 2014 members login here
The EU is in a 'survival crisis' : President Van Rompuy 
Some economists are not so sure whether the EU will "overcome" the financial crisis, as Mr Van Rompuy believes. "We're in a survival crisis," the president told the audience at an event (at a Brussels think-tank) on Tuesday morning (16 November) ahead of a meeting of finance ministers from countries that use the euro as their currency. It is expected that they will interrogate Ireland and Portugal over the state... Read More    Add Comment
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Danone Keeps Forecast as Sales Growth Matches Estimates 
Bloomberg - 4 Hours ago
Danone (BN) stuck to targets for 2014 after the dairy-products maker reported revenue growth that matched estimates amid the first gains in Europe in three years and price increases made up for volume     Add Comment

Tesco announces 6% fall in profit 
BBC - 4 Hours ago
UK supermarket giant Tesco announces 6% fall in annual profit to £3.3bn, with like-for-like sales down 1.4% More to follow.    Add Comment

Tesco sees tough year ahead as profit falls 
CNBC - 4 Hours ago
LONDON, April 16 (Reuters) - Britain's biggest retailer Tesco said it expected tough trading to continue as it posted a 6 percent fall in annual profit, its second straight year of decline. The world's     Add Comment

ECB plan could boost shares in Europe's weakest companies 
Reuters - 4 Hours ago
* ECB corporate bond buying seen easing borrowing costs * Indebted companies with meagre margins to benefit most * Italian, Spanish banks tipped as winners * Easier lending conditions to help small     Add Comment

UK Stocks-Factors to watch on April 16 
Reuters - 4 Hours ago
Britain's FTSE 100 index is seen opening up 48-52 points, or as much as 0.8 percent higher on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click     Add Comment

Fitch Affirms KPN at 'BBB-'; Outlook Stable 
Reuters UK - 4 Hours ago
7:05am BST (The following statement was released by the rating agency) LONDON, April 16 (Fitch) Fitch Ratings has affirmed Royal KPN N.V.'s (KPN) Long-term Issuer Default Rating (IDR) at 'BBB-'. The     Add Comment

Danone Q1 baby food sales fall less than expected 
Reuters UK - 4 Hours ago
6:38am BST PARIS, April 16 (Reuters) - Danone, which is aiming to rebuild its position in China after an infant formula product recall in Asia last year, said first-quarter sales fell 7.7 percent at     Add Comment

Tesco full-year net profit £974 mln, expects challenging environment to continue 
CNBC - 4 Hours ago
Read More Tesco admits to wasting huge amount of food Read More UK supermarkets caught in dangerous middle ground Read More Bleak Christmas for top UK supermarkets    Add Comment

Credit Suisse Profits Down 34 Percent 
ABC News - 4 Hours ago
Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as revenues decreased from its investment banking business. Profit fell to 859 million Swiss francs (979 million dollars)     Add Comment

European Economics Preview: U.K. Unemployment, Eurozone Inflation Data Due 
RTTNews.com - 5 Hours ago
Unemployment figures from the U.K. and final inflation from euro area are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, Czech producer prices are due. Producer     Add Comment

Danone Q1 Sales Down 5.2% As Reported, Up 2.2% Like-for-like; Backs 2014 Targets 
RTTNews.com - 4 Hours ago
French diary giant Danone SA (DANOY.PK) posted 5.2% lower consolidated reported sales of 5.06 billion euros in the first quarter of 2014, versus 5.34 billion euros last year. Excluding the impact of changes     Add Comment

Danone Sticks to 2014 Forecast as Price Rises Help Sales Growth 
BusinessWeek - 4 Hours ago
Danone (BN) stuck to targets for 2014 after the dairy-products maker reported revenue growth that matched estimates amid the first gains in Europe in three years and price increases made up for volume     Add Comment

EU Fund Manager Pay, Speed Trading, Barclays: Compliance 
Bloomberg - 6 Hours ago
Fund managers will face tougher European Union pay rules as part of a package of financial-services regulations approved by lawmakers yesterday. The European Parliament backed measures limiting guaranteed     Add Comment

Credit Suisse Said to Get New York Subpoena in Tax-Evasion Probe 
La Repubblica - 6 Hours ago
April 16 (Bloomberg) -- New York’s top banking regulator sent a subpoena to Credit Suisse Group AG last week as he examines whether its private bank helped clients evade state taxes, a person with knowledge     Add Comment

Win: Give it some jandal with Driven and Volvo NZ 
New Zealand Herald - 6 Hours ago
Driven has a pair of Volvo jandals signed by Scott McLaughlin for you to win. Photo / Edge Photographics With the ITM 500 Auckland hitting Pukekohe Park Raceway next weekend, Volvo New Zealand have     Add Comment

BMW gets serious about plug-ins for N.Y. Auto Show 8 hours ago 
USA Today - 7 Hours ago
WOODCLIFF LAKE, N.J. -- Even as it continues to develop its prowess in diesel engines, BMW is getting more serious about plug-in hybrids. It gave a sneak peek at how a plug-in hybrid system that could     Add Comment

Italy Names Nominees To Enel, Eni, Finmeccanica, Poste Italiane Boards 
RTTNews.com - 7 Hours ago
The Italian government announced Tuesday nominees to boards of three of the largest state-controlled companies, Eni SpA (E: Quote), Enel SpA (EN: Quote) and Finmeccanica SpA (FNA.L). The government also     Add Comment

Nokia X vs. Motorola Moto G Specs and Price Comparison in Australia 
International Business Times Canada - 7 Hours ago
For readers who are considering buying the Nokia X or the Motorola Moto G, here is a specs and price comparison between the two devices in Australia. The comparison could help readers make an informed     Add Comment

BP, Coast Guard end spill cleanup on Gulf shoreline 
Fuel Fix - 7 Hours ago
at 7:37 pm by Collin Eaton in Environment A BP Plc company logo stands illuminated on a sign on the forecourt of a gas station in London. (Matthew Lloyd/Bloomberg) HOUSTON – Nearly four years     Add Comment

BP puts Texas Panhandle assets on market 
Fuel Fix - 7 Hours ago
at 7:52 pm by Collin Eaton in Deals A BP company logo sits on display on the forecourt of a gas station operated by BP in London. (Chris Ratcliffe/Bloomberg) HOUSTON — BP is taking bids on
BP takes Texas Panhandle assets to market Fuel Fix
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