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Reuters - Business News, 23.04.13 19:21 UTC

Accor CEO expected to be replaced by duo: source

Tue Apr 23, 2013 2:51pm EDT PARIS (Reuters) - Accor (ACCP.PA) Chairman and Chief Executive Denis Hennequin, beset by skepticism over his ability to turn around Europe's largest hotels group, has ...

Seattle Times, 23.04.13 18:19 UTC

EU probes planned merger of Greek airlines

The European Commission has opened an in-depth antitrust investigation of the proposed takeover of Greece's Olympic Air by its domestic rival Aegean Airlines.


Telegraph, 23.04.13 17:43 UTC

Rachida Dati drops out of Paris mayor race

Rachida Dati has dropped out of the race for mayor of Paris, announcing that she will not be running in Right-wing primaries as "the media and the system" has already designated her rival Nathalie Kosciukosko-Morizet the winner.


Reuters - Business News, 23.04.13 17:19 UTC

Spain Lottery eyes 4.5 billion euro bond, or bridge loans: source

By Paul Day MADRID | Tue Apr 23, 2013 1:07pm EDT MADRID (Reuters) - Spain's state-owned Loterias, or Lottery, may raise up to 4.5 billion euros ($5.9 billion) through a bond or by seeking bridge ...


Seattle Times, 23.04.13 16:31 UTC

Bailed-out Portugal puts focus on growth policies

After two years of relentless austerity and steep recession, bailed-out Portugal's government is adopting new measures to spur growth.


BBC Business, 23.04.13 15:26 UTC

BASF to cut 500 jobs worldwide

The world's largest chemicals maker, BASF, has said it will cut 500 jobs at its plastic additives and pigments divisions in the face of lower-cost competition from Asia.


Reuters - Business News, 23.04.13 14:53 UTC

Exchanges ring alarm bells over EU transaction tax

By Huw Jones LONDON | Tue Apr 23, 2013 10:40am EDT LONDON (Reuters) - Top exchange officials opposed to a European financial transactions tax intensified their lobbying on Tuesday, warning it would ...


Seattle Times, 23.04.13 14:04 UTC

Gucci buys historic Richard Ginori brand

Gucci luxury goods maker says it has agreed to buy Richard Ginori, the historic porcelain maker, for 13 million euros ($16.8 million) and plans to relaunch the brand.


Reuters - Business News, 23.04.13 11:33 UTC

Imtech cuts jobs, takes more charges on German business

By Anthony Deutsch AMSTERDAM | Tue Apr 23, 2013 7:23am EDT AMSTERDAM (Reuters) - Imtech (IMUN.AS) said it would cut 1,300 jobs, or about 4.5 percent of its global headcount, and make more writedowns ...


Reuters - Business News, 23.04.13 10:21 UTC

BASF widens job cuts to additives, pigments units

FRANKFURT | Tue Apr 23, 2013 6:09am EDT FRANKFURT (Reuters) - BASF (BASFn.DE), the world's largest chemicals maker, will cut 500 jobs by 2015 at units including plastic additives and pigments to ...


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