WSJ.com: What's News Europe

MAN's Scania Bid Is in Hands of VW

Fri, 17 Nov 2006 00:36:00 EST

Volkswagen is a linchpin to any deal being completed by MAN in its hostile $13.4 billion bid for rival truck maker Scania. VW is Scania's largest shareholder and holds a nearly 20% stake in MAN.

Unit Still Haunts Siemens

Thu, 16 Nov 2006 20:55:00 EST

German prosecutors are seeking a former executive at Siemens's telecom unit in a probe of alleged embezzlement and possible bribery.

France's Socialist Party Taps Royal for Run

Fri, 17 Nov 2006 00:08:00 EST

Segolene Royal won the French Socialist Party's nomination to run in next year's presidential elections.

EU Court Adviser Warns on Air Pacts

Fri, 17 Nov 2006 00:24:00 EST

An EU high-court adviser said member countries can't sign bilateral open-skies agreements with the U.S.

Zurich Financial Net More Than Doubles

Thu, 16 Nov 2006 19:32:00 EST

Zurich Financial's net more than doubled, mainly due to operational improvements and a lack of catastrophe claims.

National Grid Plans Revamp

Thu, 16 Nov 2006 17:21:00 EST

Britain's National Grid plans to demerge its wireless unit and sell an Australian asset, and its board approved a $1.9 billion buyback program.

BNP Paribas Net Advances 25%

Thu, 16 Nov 2006 20:00:00 EST

BNP Paribas said its net rose 25%, boosted by its international retail-banking and asset-management businesses.

Breast-Cancer Pill to Get Priority FDA Review

Thu, 16 Nov 2006 20:53:00 EST

GlaxoSmithKline said its new breast-cancer pill, Tykerb, will receive a priority review from the FDA.

Vivendi Profit Surges on Pay-TV Division

Thu, 16 Nov 2006 16:35:00 EST

Vivendi's quarterly earnings more than doubled, helped by a gain and the strong performance of its pay-TV unit.

Infineon Reports Net Loss

Thu, 16 Nov 2006 19:28:00 EST

Infineon narrowed its net loss in its fourth quarter, but the chip maker missed analysts' expectations of a profit.

Chirac Backs Criticism of ECB

Thu, 16 Nov 2006 17:08:00 EST

France isn't the only euro-zone country concerned about a strong euro, Chirac said, as the ECB signals a rate rise.

U.K. Banks Will Incorporate China Operations

Thu, 16 Nov 2006 13:27:00 EST

HSBC and Standard Chartered said they will move quickly to incorporate their operations in China, in line with Beijing's new rules.

Ecuador Goes to WTO Over EU's Banana Tariff

Thu, 16 Nov 2006 17:08:00 EST

Ecuador filed a complaint at the WTO against the EU's single import tariff for bananas, saying it was too high and reduced its access to lucrative EU markets.

Euronext's Net Profit Rises 8.7%

Thu, 16 Nov 2006 19:00:00 EST

Euronext's net profit rose 8.7% in the third quarter, driven by increased volumes in both stock and futures trading.