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November 13, 2008
 

Europe Insider

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


NEWS  THIS WEEK'S TOP STORIES FROM EUROPE

DHL to Halt Express Deliveries in the U.S.

Deutsche Post's U.S. division will also close its 18 main distribution hubs and lay off most of its workers in the country

Inside: This Week In Europe
When Deutsche Post's DHL courier and logistics unit bought Airborne Express, rivals FedEx and UPS were clearly worried. But management problems and the economic downturn have taken a heavy toll on the German company's foray into the U.S. On Nov. 10, it announced a significant withdrawal, as our top story by Jack Ewing explains.

We've also got a terrific piece on the New Silk Road, a carbon challenge, the future for oil demand, and new insights on the Russia-Georgia conflict. Plus, Santander's rights issue, the challenges of financial reporting, Starbucks in Europe, and Orange's reshoring of customer support. Don't miss Robert Parker on Italian white wines and a narrated slide show on the new silk road. Hang in there!
Andy Reinhardt, Europe Editor

E-MAIL A FRIEND  |  GET RSS  |  SIGN UP FOR OTHER BW NEWSLETTERS

  MORE EUROPEAN NEWS
MIDEAST
The New Silk Road
Historic bonds between the Middle East and Asia are being revitalized in a torrent of trade and investment in energy, infrastructure, and manufacturing

EUROPE - ENERGY & ENVIRONMENT
Is Carbon Capture and Storage the Fix?
Promoted in Europe, the technology for storing CO2 emissions underground could someday transform electric utilities and other industry into eco-friendly businesses

ENERGY
Oil Demand May Decline Next Year
The global economic slowdown and the lingering effects of high prices are likely to crimp consumption, while the credit crunch may curb production

EUROPE INSIGHT
Rethinking the Russia-Georgia War
In the months since the conflict in the Caucasus died down, a more nuanced picture has emerged of what really happened

EUROPE • From Spiegel Online
Europe and U.S. Clash on Financial Reform
When world leaders come together in Washington this weekend to discuss reforming the global financial system, there may be little consensus

EUROPE INSIGHT
Santander Rights Issue: Don't Panic
The Spanish bank surprised investors with a $9.2 billion share sale on Nov. 10. But it was done to strengthen the balance sheet, not plug leaks

INVESTING
How to Fix Financial Reporting
Improving transparency and accuracy of financial info could help rebuild shattered investor confidence, say financial experts. Here's what they think should be done

EUROPE • From The Independent
Starbucks Blames Britain for Poor Sales
It points to Britain and the credit crunch as the reasons for falling sales, but some insiders say Starbucks didn't invest enough in its stores there

EUROPE • From EUobserver
Brussels Blasts Facebook over Hate Groups
Socialist deputies in the European Parliament have condemned Facebook for hosting Italy-based anti-gypsy groups on its site

TECHNOLOGY • From silicon.com
Online Betting Site Takes on Derivatives
Betfair, a site launched in 2000 that now has 200 million users, has spun off a new venture called Tradefair, to cash in on retail derivatives

EUROPE • From The Independent
Orange Moves Call Centers Back to Britain
To improve service for its 15 million customers, the mobile-phone operator plans to bring back all its offshore call centers from India

TECHNOLOGY • From silicon.com
Internet Hacker Attacks at an All-Time High
Online networks suffered their heaviest attacks to date this year, with more sites than ever coming under sustained assault

EASTERN EUROPE • From Transitions Online
'Guitar Ambassador' Goes to the Movies
Andras Simonyi captivated Washington with his rock band when he was the Hungarian ambassador. Now he's trying to boost Hungary's film business

EUROPE • From Spiegel Online
German Lab Dreams up Future Hotel Room
Cocktails delivered by robot, panoramic windows-cum-TV-screens, beds that rock you to sleep: German researchers envision a 21st-century hotel room

CLASSIC OF THE WEEK • From Sports Car Market
Porsche Racer
Designed by Ferry Porsche's eldest son "Butzi," the 1964 Porsche 904 GTS Coupe is widely recognized as one of Porsche's most elegant

PARKER ON WINE
Ten Italian Whites for Under $20
Some gorgeous, crisp, light- to medium-bodied dry whites and Proseccos from northeast Italy—all at a reasonable price

SLIDE SHOW
Slide Show: The New Silk Road
A narrated slide show by Stanley Reed about the new business opportunities lying along a "New Silk Road" stretching from Dubai to China

 BW'S PICKS FROM AP NEWS >>

BT to cut 6,000 more jobs, 2Q net profit rises

Bank of Ireland 1H profit down 32 pct on bad loans

LSE 1H profit up but cancels share buyback

German economy falls into recession

Medvedev wants strong relationship with Obama

MORE BREAKING NEWS FROM AP >


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