Europe
Sarkozy Opposes IMF Loan to Greece, Widening Rift With Germany Over Rescue President Nicolas Sarkozy opposes
Germany’s push for an International Monetary Fund loan to
Greece, pitting the euro area’s biggest members against one
another over a rescue plan.
Dollar Rises as India's Rate Boost Damps Appetite for Higher-Yield Assets The dollar and the yen rose against
most major counterparts as India unexpectedly raised interest
rates and the Dow Jones Industrial Average fell for the first
time in nine days, damping demand for assets linked to growth.
Trichet Pushes `Strongly' for More Transparency Over Credit Default Swaps European Central Bank President
Jean-Claude Trichet said he’s pushing “strongly” for more
transparency around credit default swaps.
Intesa Sanpaolo Has Fourth-Quarter Profit on Asset Sales, Fewer Writedowns Intesa Sanpaolo SpA, Italy’s
second-biggest bank, posted a fourth-quarter profit as it sold
assets and made fewer writedowns.
Allianz, Corio May Buy Italy's Biggest Mall Porta di Roma for $582 Million Allianz SE and Corio NV are in
talks to acquire Italy’s largest shopping center for about 430
million euros ($582 million), according to three people with
knowledge of the transaction.
Russian Government to Market Eurobonds to Investors in New York Next Month Russian government officials will
meet U.S. investors for the country’s first sale of Eurobonds
since the 1998 financial crisis next month, taking advantage of
record-low yields to plug its budget deficit.
Greece's Soaring Debt Costs Are Not Yet Hurting Budget Plan, Barclays Says Greece’s soaring borrowing costs
are not yet hurting the country’s plan to reduce its budget
deficit, though it needs lower yields in the “medium term,”
according to Barclays Capital.
Enel to Seek Banks This Month to Advise on Green Power IPO, CEO Conti Says Enel SpA plans to seek banks this
month to advise on the initial public offering of its renewable
energy unit, likely to be Europe’s largest since 2007.
EADS Seeks 90-Day Extension for Preparing Renewed U.S. Tanker-Plane Bid European Aeronautic, Defence &
Space Co. said it wants a “significant extension” and the
confidence its plane has a fair chance to win before submitting
a fresh bid for the U.S. military aerial refueling tanker.
British Airways Strike to Go Ahead March 20 as Talks Collapse, Union Says British Airways Plc’s 12,000 cabin
crew began a three-day strike to force Chief Executive Officer
Willie Walsh to drop cuts to pay and staffing levels.
Clinton Leads Diplomatic Push for Mideast Peace Deal During Moscow Visit U.S. Secretary of State Hillary
Clinton led a push by the Middle East peace Quartet for a
negotiated settlement between Israel and the Palestinian
Authority within two years.
Finnish Port Workers to End Strike Halting Exports, Shutting Paper Mills Finnish stevedores agreed to end a
strike that shut ports for more than two weeks and halted 90
percent of the Nordic nation’s foreign trade.
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