Bells toll for Europe’s largest gas field
WESTERWIJTWERD, Netherlands (Reuters) – Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe’s largest natural gas field.
Nokia CEO sees ‘business as usual’; no change to outlook
BARCELONA (Reuters) – Nokia, the world’s third-largest mobile equipment maker, has seen nothing in its business that would lead it to change its financial outlook, its chief executive said on Sunday.
Ferragamo CEO sees higher 2015 sales after ‘excellent’ February
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an “excellent” performance in February, Chief Executive Michele Norsa said on Sunday.
New Internet rules set up industry’s next battle
BARCELONA/BRUSSELS (Reuters) – New rules that aim to protect the openness of the Internet will allow telecom and cable groups to prioritize and earn potentially vast income from some types of data, setting up likely clashes with regulators in the futur…
Iraq minister sees oil at $64 to $65 per barrel
BAGHDAD (Reuters) – Iraq’s Oil Minister Adel Abdel Mehdi said on Sunday world oil prices were gradually rebounding and he expected to see a barrel of crude selling at around $65.
Schaeuble expects Germany to boost spending on defense, security
BERLIN (Reuters) – Germany will spend more on defense in coming years in response to growing global instability, Finance Minister Wolfgang Schaeuble said in an interview published on Sunday.
Despite Greece, euro zone is turning the corner
LONDON (Reuters) – The latest episode of Greece’s debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe’s main financial center and a hotbed of Euroskepticism.
ECB braces for QE as others shift rates
BRUSSELS (Reuters) – Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant U.S. labor market are set to be the focus of an economic week dominated by a host of central bank meetings.
Hyundai recalls more than 200,000 Elantras over steering problem
WASHINGTON (Reuters) – Hyundai Corp is recalling 204,768 Elantras because of a power steering defect that might cause the cars to suddenly revert to manual steering, the company said Saturday in a report filed with U.S. auto safety regulators.
Airbus Group CEO says not ready for retirement: report
PARIS (Reuters) – Airbus Group Chief Executive Tom Enders has given the strongest hint yet that he may seek a new term as head of Europe’s largest aerospace company, telling a French newspaper he does not feel ready for retirement when his mandate expi…
