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EuropeSun.com Thursday 11th March 2010 Edition 2010/1005
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EU set to meet its renewable energy targets by 2020
The European Union is set to achieve its self-imposed target of deriving at least 20 per cent of its energy consumption from renewable sources by 2020, the bloc's executive said...


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EU says Lashkar-e-Taiba has a global agenda
Pakistani terrorist outfit Lashkar-e-Taiba (LeT) is a dangerous group having global agenda, an anti-terrorism official of the European Union has...
Russia goes to Argentina for caviar fixRussia goes to Argentina for caviar fix
A Russian company has gone to Argentina to increase its supply of...
Uae Bourses Up Again As Investors More Confident
The Abu Dhabi and Dubai exchanges finished higher again yesterday, ending a week in which investor confidence seemed to improve markedly.The Dubai Financial Market (DFM) General Index climbed almost...
Gaa Reveals €21.5m Profit For 2009
Profits from Croke Park after interest and depreciation, but before distributions, were totalled at €21.5m for 2009, a 6.8% jump from the previous...
Pink Floyd Wins Court Battle Vs Emi Over Downloads
British rock band Pink Floyd won its court battle with EMI on Thursday with a ruling that prevents the record company from selling single downloads on the Internet from the group's concept...
Dubai Shares Rise On Debt Deal Hopes
March 11 (Bloomberg) -- Dubai shares rose to the highest in almost two months on speculation Dubai World, the state-owned holding company in talks to renegotiate $26 billion of debt, may announce...
Etihad Talking To Airbus About A380 Delay
March 11 (Bloomberg) -- Etihad Airways, the state carrier of Abu Dhabi, is in talks about delaying receipt of Airbus SAS A380 superjumbos while bringing other deliveries forward as it seeks to post a...
Man U Fan Group Hires Nomura As Bid Adviser
March 11 (Bloomberg) -- Manchester United fans calling themselves the Red Knights hired Nomura Holdings Inc., Japan’s largest brokerage, to advise them on a possible purchase of the English...
Snb Says Will End Its ‘expansive’ Policy Eventually
“We can’t continue with this expansive monetary policy over the full forecast horizon,” he said in an interview with Swiss broadcaster SF1 today. “Still, at the moment there...
Casillas Apologises For Real Euro Exit, Blames Players
Real Madrid´s goalkeeper Iker Casillas, seen here addressing a press conference in Madrid, apologised Thursday for his side´s elimination from the Champions League at the last-16 stage for the...
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despite a campaign by Yorkshire food producers, an EU official said Thursday. Citing a 18th century recipe, the Regional Food Group for Yorkshire and Humber says the wheat-flour, milk and egg dish...
Dollar Gains Vs Euro; Trading Volatile
NEW YORK (Reuters) - The dollar rose against the euro on Thursday after seeing a smaller-than-expected U.S. trade deficit, with trading volatile as investors first drove up the euro on increased risk...
Eu Rejects Us Criticism Over Hedge Fund Curbs
BRUSSELS (AFP) – European officials on Thursday defended planned new EU legislation regulating high-end financial services from "protectionist" charges, amid anger from US Treasury...
Ftse Shares End In The Red
economic data and company reports. The benchmark index fell 0.41 percent to 5,617.26 points. Lloyds Banking Group (LBG) was the most traded stock, seeing 172 million units change hands,...
Qatar On The Cusp
A lesser Dubai: That's the first impression a visitor gets touring downtown Doha, the capital of the Gulf emirate of Qatar. Dubai (population 1.4 million) has its famous ultramodern skyline and...
Greece's Weakness Is Its Strength
If you want to learn how to dig yourself out of a deep hole, watch Greek Prime Minister George Papandreou. The 57-year-old socialist is urgently seeking some kind of financial backstop from other...
Charlie Rose: The Papandreou Offensive
On the day Prime Minister George Papandreou met with Secretary of State Hillary Clinton, House Speaker Nancy Pelosi, and President Obama, he found time to talk with Charlie Rose. Below are edited...
Can Manchester United Kick Its Debt Habit
- Among English soccer teams, Manchester United is in a class by itself. The Red Devils, as fans around the world call them, have been England's top club 16 times since World War II, with 11 English...
Lagardere Falls Most In A Year After Profit Slides
March 11 (Bloomberg) -- Lagardere SCA, the publisher of Elle magazine and the “Twilight” series of vampire-themed novels, fell the most in a year after reporting 2009 profit that missed...
Glance-ftse Closes Lower, Weighed Down By Miners, Banks
By Tricia Wright LONDON, March 11 (Reuters) - Britain's top share index closed 0.4 percent lower on Thursday, pressured by miners and banks after data revived concerns about monetary tightening in...
Cineworld's Prospects Boosted By 3d Demand
Cineworld today said growing momentum behind 3D movies would help it ride out "challenging" conditions in 2010 as the group posted record results. The UK's second biggest cinema chain was helped by...
Euro Gets Boost From China Data
The euro had a boost against the safe-haven dollar in Asian trade yesterday from a raft of robust Chinese economic data that supported sentiment towards a global economic recovery, dealers said.The...
Euro Steadies Vs Dollar, Yen; Snb Awaited
LONDON (Reuters) - The euro steadied against the dollar and yen in quiet trade on Thursday, recovering from earlier falls after strong Chinese data fueled expectations of possible further monetary...
Police Clash With Protesters As Greeks Fight Cuts
out of a debt crisis shaking the euro zone. About 50 black-hooded youths hurled sticks and pieces of marble broken from the steps of the Bank of Greece at police, who responded with several rounds...
Vw, Bmw Forecast Sales Growth As German Carmakers Lead Recovery
March 11 (Bloomberg) -- Volkswagen AG plans a second consecutive record year for deliveries and BMW, helped by the new 5-Series sedan, aims for an increase in sales as China, Brazil and the U.S....
Many Firms Queue Up For London Stock Exchange Listing
Hyderabad, March 11 : Fuelled by their global ambitions, several Indian companies from an array of sectors are seeking to get listed on the London Stock Exchange to reap benefits from the liquidity...
Ecb Bulletin: Eurozone Recovery On Track, But Remains Uneven
(RTTNews) - Eurozone economic recovery is on track, although it is likely to remain uneven, the European Central Bank said in its latest monthly bulletin. The ECB Governing Council expects the euro...
Italy's Derivatives Time Bomb Is Also Ticking
Financial markets are gripped by the role derivatives have played in Greece's debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the 24 billion euro blast...
German Economy To Shrink In Q1, Think Tank Says
A leading German think-tank says it expects the country's economy - Europe's biggest - to contract in the first quarter because of an unusually harsh...
Eu Says Us Has Pressed It On Hedge Fund Rules
, but should respect Europe's right to decide its own legislation, a top EU finance official said Thursday. Amadeu Altafaj Tardio, a spokesman...
Snb Keeps Rate Near Zero, Reiterates Stance On Franc
March 11 (Bloomberg) -- The Swiss central bank reiterated its readiness to counter “excessive” gains in the franc and left the benchmark interest rate near zero as policy makers try to...
Airline Loss Estimate Cut By 50% As Demand Rebounds
IATA cut its loss estimate from $5.6 billion following a “much stronger recovery in demand” at the end of 2009 that continued into the first months of this year, the Geneva,...
Well Boss Cools Talk On Euro Spot
Motherwell manager Craig Brown will not contemplate securing a Europa League place until Well have clinched a top six place in Scotland's top flight.Uefa has confirmed the club finishing fifth will...
Hsbc Says Swiss Data Theft Affects 15,000 Clients
Herve Falciani, a former HSBC computer specialist, has admitted stealing client data from the bank which he passed to French tax authorities. HSBC said in December an ex-employee had stolen data from...
Ftse 100 Opens Lower
FTSE 100 index dipped 0.18 percent to 5,630.65 points in early trade. BP shares dropped 0.32 percent to 622.92 pence after the group announced a major deal that will give the energy giant its...
British Airways Closer To Strike As Union Talks Fail
March 11 (Bloomberg) -- British Airways Plc’s 12,000 flight attendants moved closer to a strike after talks with Europe’s third-largest airline over pay cuts broke...
Bmw Reports Smaller-than-expected Profit Decline
March 11 (Bloomberg) -- Bayerische Motoren Werke AG, the largest manufacturer of luxury cars, reported a smaller-than- expected decline in full-year profit and maintained its dividend to signal a...
Glance-ftse Off 0.4%; China Tightening Fears Hit Miners
By David Brett LONDON, March 11 (Reuters) - Britain's leading share index fell 0.4 percent by midday on Thursday as heavy falls in miners, weighed by fears of monetary tightening in China, outpaced...
World Forex: Euro,dlr Down Vs Yen On China Tightening Worries
The euro and dollar fell against the yen in Asia Thursday as China's stronger-than-expected price data stoked concerns about more monetary tightening in that country, prompting investors to dump the...
Currencies: Yen Gains Vs. Euro And Dollar After China Data
The yen rose against the dollar and euro, bouncing back from Thursday's disappointing Japanese economic-growth revision, after Chinese economic data raised investors' concerns that interest rates...
Airline Industry Group Halves 2010 Loss Forecast
Airlines are recovering strongly from the crisis, as passengers, freight and pricing power return, the airline industry association IATA said on Thursday, halving its forecast for a 2010...
Bmw 2009 Profit Falls 36 Pct To $286 Million
, said it earned euro330 million in net income in 2008. Revenue last year was down nearly 5 percent to euro51 billion from euro53 billion in 2008. The automaker, based in Munich, also builds...
Bmw Full-year Profit, Dividend Beat Estimates; Shares Advance
March 11 (Bloomberg) -- Bayerische Motoren Werke AG, the world’s largest manufacturer of luxury cars, reported a full- year profit that beat analysts’ estimates and announced a...
Bmw Reports Full-year Net Income Of 210 Million Euros
March 11 (Bloomberg) -- Bayerische Motoren Werke AG reported full-year net income of 210 million euros. The company reported in a faxed statement. Link to Company News:{BMW GR <Equity> CN...