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Fri, September 12, 2008 01:58:05 PMFrom:
BusinessWeek European Insider
Subject:
Swedish Banks at Risk from Baltic Ills
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September 12, 2008 |
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Europe InsiderKeep up-to-date with the latest news from Europe |
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Inside: This Week In Europe
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FINANCE, MARKETS & INVESTING
Worries Lurk Behind Europe's Relief Rally Experts say the Fed's move on Fannie and Freddie does little to address the woes of Old World banks, which have written down billions
REAL ESTATE
The Credit Squeeze Hits Global Properties Developers of commercial properties from London to Tokyo are suffering as banks cut lending
ENERGY
A New Start for TNK-BP Shareholders of the Anglo-Russian oil venture have struck a deal to settle their long-running dispute, starting with a new CEO
ENERGY
OPEC Production Cut Surprises the Market In a slap to Saudi Arabia, the cartel's hawks hope a return to 2007 output targets will stabilize oil's price at around $100 a barrel
ENERGY
How Real Is OPEC's Production Cut? OPEC says it will take 520,000 barrels off the market, but details are unclear. The move hasn't impacted oil's recent price slide
MARKETING
Philips Unveils Massager for Couples The bold move by the Dutch electronics giant is part of a strategy to become a design-led company focused on health and well-being
TECHNOLOGY
Nokia, Microsoft Team Up Against RIM Extending an earlier agreement, the mobile giant will offer support for Microsoft's e-mail platform on dozens of its smartphones
MANAGEMENT
Unilever Taps Ex-Nestle Exec as New CEO An outsider to the consumer products giant, Paul Polman brings to the job years of experience with Nestlé and Procter & Gamble
EUROPE
• From Spiegel Online
Air France to Run High-Speed Trains in 2010 In a joint venture with France's Veolia, the airline aims to rival short-haul and discount airlines with its own cross-border train service
EUROPE
• From The Independent
Auto Sales Plunge in Britain Reduced consumer spending and confidence whacked August car purchases by nearly one-quarter. But smaller models were up
EUROPE
• From EUobserver
Europe Signs Up for Hydrogen Cars The European Parliament has called for a rollout of a EU filling-station network for hydrogen-powered cars
TECHNOLOGY
• From silicon.com
EU Seeks to Boost Fiber Broadband The European Parliament has proposed reforming the rules to encourage a transition to fiber in cross-country Internet services
EUROPE
• From Spiegel Online
'New' Europeans Work the Longest Hours A study finds that in the newest members of the EU employees work longer hours and get less vacation time than in 'Old' Europe
EASTERN EUROPE
• From Transitions Online
Europe: Tougher Than It Looks on Russia People in Brussels no longer roll their eyes when Eastern Europeans warn of the Russia threat. Since Georgia, they take it seriously
EUROPE
• From The Independent
Is Britain Up for Sale? The new Abu Dhabi owners of Manchester City soccer club are all part of the shift to a global economy. Not to worry
EASTERN EUROPE
• From Transitions Online
Big Energy Buyers Court Turkmenistan Major powers hope to exploit its vast natural gas reserves. This week, 20 countries are attending an energy meeting in Baku
EUROPE
• From Spiegel Online
Africa Becoming a Biofuel Battleground Western companies are pushing to acquire vast stretches of African land to meet the world's biofuel needs
TECHNOLOGY
• From silicon.com
Most Brits Would Like to Telecommute A study finds 62% of employees would like to work from home, but technology and reluctant bosses stand in the way
AUTOS
BMW 7 Series: A Slimmer Bimmer To boost sagging sales, BMW's new flagship loses its notorious "Bangle butt" and improves its iDrive
AUTOS
• From Gizmag.com
Peugeot's 888 Concept Car The all-electric two-seater is designed to shorten its wheelbase for city driving by an ingenious hydraulic tilting system
EUROPE
• From Spiegel Online
BW'S PICKS FROM AP NEWS >>
The Hadron Collider Controversy Will firing up the accelerator bring about the end of the world? Not likely, but physicists are seeking clues on how the universe began • BoE says it can't give banks long-term support• Alitalia union talks enter critical phase• EU justice chief welcomes Google privacy move• Deutsche Bank mulls buying Deutsche Postbank• Opening of pop group ABBA museum delayedMORE BREAKING NEWS FROM AP >
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Happiness, Competitiveness, and National
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Survey Shows: People Are HappierThe 2008 World Values Survey found that freedom of choice and tolerance—and not simply wealth—have lots to do with a rise in happinessThere's Something About DenmarkTwo recent studies found Danes to be the world's happiest people. The new reputation along with media attention have led to a national discussionThey Teach Happiness at HarvardIn Tal Ben-Shahar's positive psychology class, students learn that happiness isn't just an accident, it's a scienceThe World's Most Competitive CountriesHalf of the top 10 are European and the U.S. is still No. 1, but Asia's tigers are coming on strongTable: The World's Most Competitive CountriesWho's on Top in Tech-Readiness?While Nordic nations still win top marks in surveys, oil-producing countries are waking up to the need to adapt their economies to the digital ageRating Countries for the Happiness Factor (2006) |
