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September 04, 2008
 

Europe Insider

Keep up-to-date with the latest news from Europe


NEWS  THIS WEEK'S TOP STORIES FROM EUROPE

Can New Bosses Fix Alcatel-Lucent?

Master telecom manager Verwaayen, abetted by French business savant Camus, already has a five-point plan to turn the equipment maker around

Inside: This Week In Europe
They may be a turnaround dream team for Alcatel-Lucent: French business guru Philippe Camus as chairman and telco insider Ben Verwaayen as CEO. But fixing the Franco-American telecom equipment giant won't be a picnic. Jennifer L. Schenker explores the challenges in our top story this week.

We've also got Nokia's new music service, H&M's resilience, booming exports from Israel to India, sagging investment in Russia, and a surprising spy tale. Plus, the credit crunch and economic outlook, the future of Alitalia, greener cars, mobile phones, and other tech and management stories. Don't miss the slide show on designer-label handsets!
Andy Reinhardt, Europe Editor

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  MORE EUROPEAN NEWS
MARKETING
H&M Defies Retail Gloom
As a purveyor of stylish clothing at reasonable prices, retail chain H&M looks at the economic slowdown as an opportunity to expand

ENTERTAINMENT
Nokia Launches Digital Music Service
The new Comes With Music offering, debuting in Britain on Nokia's 5310 XpressMusic handset, is a challenge to the Apple iTunes business model

TRADE
A Boom in Israel's Exports to India
As India's economy expands, business ties between the two nations are deepening and sales are surging

RUSSIA
Georgia War Hits Russian Investment
Strained relations with the West is only one headache. A slew of disputes and scandals also threatens the status of foreign investors

EUROPE INSIGHT
Mr. White: A Spy Tale from Russia
An American who was nowhere near South Ossetia during the Russian bombardment is now at the center of a bizarre propaganda campaign

EUROPE • From The Independent
Credit Crunch: The End of the Beginning?
The economic slowdown is a year old, but the Bank of England warns it may "drag on for some considerable time"

EUROPE • From Spiegel Online
German Economic Outlook Darkens
Germans are growing more fearful of recession, according to key indicators, and this may make some companies cease hiring

NEWS
U.S. Vulture Funds Head to Europe
As the Continent's economy slows, American distressed-debt and workout funds go on a hunt for wounded businesses

EUROPE • From The Independent
Darling Accused of Worsening Confidence
Candid comments by the British Chancellor provoke charges from rivals that his economic pessimism is only making matters worse

EUROPE • From Spiegel Online
A Big Future for Tiny Wind Turbines?
Windmills small and quiet enough for every rooftop could boost green energy, but they're still pricey. New deals could change that

EUROPE • From EUobserver
German Cars Lead in CO2 Reductions
European carmakers trimmed average carbon emissions 1.7% last year, but the Germans did far better, with BMW in the lead

EUROPE • From The Independent
Italy Rewrites Rules to Save Alitalia
To save the troubled airline from collapse, Italy's cabinet has changed laws to split Alitalia in two and let its indebted portion go broke

EASTERN EUROPE • From Transitions Online
Macedonia Offers Money for Babies
To slow emigration and bolster the birth rate, the Balkan nation is offering substantial subsidies to families with children

TECHNOLOGY • From silicon.com
Ad Board Slams Apple for iPhone Claims
Britain's Advertising Standards Authority has banned as misleading an iPhone ad promising access to "all parts of the Internet"

MARKETING
Luxury Handsets: Fashion Goes Mobile
Normal cell phones have lost their snob appeal. So fashion houses such as Armani and Prada are filling the gap with ultra-snooty designs

TECHNOLOGY • From silicon.com
Mobile Wallets: Delayed Gratification
Users love it, but mobile operator O2 can't rush introduction of its wallet phone, which you swipe over a reader to pay for transit rides or purchases

EUROPE • From EUobserver
EU 'Beat' U.S. and China in the Olympics
All together, the EU's member states racked up 280 medals and 87 golds in Beijing, ahead of anyone else. But one EU team is unlikely

MANAGEMENT
Case Study: Live Abroad and Love It
More multinationals, including Glaxo, are sending executives overseas. Here's how they help families adjust to a new country

EUROPE • From Spiegel Online
Touring Paris on a Segway Scooter
The two-wheeled vehicle offers a cutting-edge way to visit the French capital. But you might prefer an electric bike

SLIDE SHOW
Designers Delve into Handsets
From Armani to Versace, big-name fashion houses are putting their names on mobile phones—and increasingly exerting design influence as well

 BW'S PICKS FROM AP NEWS >>

Investors reach compromise at TNK-BP

Czech CSA airline reports $10 million loss in 1H

ECB, Bank of England keep interest rates unchanged

Weather puts German offshore wind farm on hold

Unilever: Nestle executive to take CEO job

MORE BREAKING NEWS FROM AP >


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