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June 25, 2008 |
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Europe InsiderKeep up-to-date with the latest news from Europe |
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Inside: This Week In Europe
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TECHNOLOGY
How Global Should the Internet Be? Domain names are a sore point with nations who use alphabets other than Roman. Now, the group that oversees domain names is trying to translate MANAGING
Alcatel-Lucent’s Troubled Marriage The merger has yielded bad blood, bad earnings—and a threat to Pat Russo’s future as CEO TOP NEWS
Big Win for Boeing, Setback for EADS The GAO sustains the U.S. planemaker’s complaint and calls for a review of the Air Force contract that went to Northrop Grumman and EADS EUROPE INSIGHT
A Franco-German Civil War at Airbus? As if the U.S. tanker controversy and insider trading allegations weren’t enough, the French and German sides of Europe’s aerospace giant are squabbling ENERGY
Saudis Try to Cool Off Oil But at the June 22 summit, some ministers and analysts said the kingdom’s promised production boost is “a drop in the ocean” MIDEAST
Inside Saudi Arabia’s New Mega-Oil Field Saudi Aramco is spending $10 billion to retool the Al Khurais field to produce 1.25 million barrels of light crude a day ENERGY
Prime Minister Putin Primes the Pump Russia’s record output is slipping, and major tax cuts are on the way. But massive investment is needed NEWS
Big Oil Tiptoes Back into Iraq BP, Shell, and ExxonMobil hope modest investments now will translate into a bigger role later UEFA EUROPEAN SOCCER CHAMPIONSHIP 2008
Adidas vs. Nike: Battle of the Soccer Ads Their vivid commercials may be remembered longer than the best plays of the Euro 2008. But will they sell more merchandise? UEFA EUROPEAN SOCCER CHAMPIONSHIP 2008
Star Players Boost Worth in Soccer Cup European clubs spent $1 billion last year buying players from other teams. Will Euro 2008 kick off a new round of player megadeals? UEFA EUROPEAN SOCCER CHAMPIONSHIP 2008
Pro Sports Are Starting to Score in Russia Thanks to a booming economy and enormous investments in Russian sports, teams are showing prowess on the field—and the fans are loving it EUROPE • From The Independent
BA’s OpenSkies Takes Off in Tough Times Amid sky-high fuel prices and a shaky economy, British Airways launched its Europe-U.S. carrier June 19 with hopes it won’t suffer the same fate as rivals TECHNOLOGY • From silicon.com
Handsets Key to Paperless Air Travel Some 90% of airline passengers use mobile phones, so airlines are exploring wireless money-saving options including digital boarding passes EUROPE • From The Independent
Worst Yet to Come for Airlines? A new report predicts the commercial flight industry will be hit harder than expected. Morgan Stanley cuts earnings forecasts EUROPE
Michelin Spins Out on Dim Outlook When gas prices rise, people drive less and tires don’t wear out as fast. Credit Suisse downgrades the French high-end tiremaker EUROPE INSIGHT
For Mercedes, Smaller is More Beautiful As fuel prices soar, Daimler will add two new smaller Mercedes cars to its lineup by 2012 and will build them partly in Hungary EUROPE • From Spiegel Online
Germany Leads in Cutting Energy Use The German cabinet approves ambitious measures intended to slash the country’s CO2 emissions. The country’s energy consumption has already fallen TECHNOLOGY • From silicon.com
Mobile Banking Set to Boom Global mobile transactions are forecast to mushroom—from 2.7 billion in 2007 to 37 billion by 2011—with growth mainly in developing countries EUROPE • From EUobserver
French Pol: Europe Has ‘Enemies’ in the U.S. Jean-Pierre Jouyet, France’s Minister for Europe, suggests that neoconservatives in Washington influenced Ireland’s No vote on the EU’s Lisbon Treaty EUROPE • From EUobserver
EU Boosts Food and Fuel Crisis Aid During a European summit on June 20, EU leaders discuss handling soaring fuel and food prices. First up, increase food aid for the poor by €200 million THE WELCH WAY
While Corporate Europe Fiddles… ….And looks to the east and south, good deals in the U.S. go begging EASTERN EUROPE • From Transitions Online
Commentary: Fixing What Ails Russia A new study shows leading executives view Russia’s declining population and a disregard for citizens’ rights among its major challenges through 2020 TEEN MARKETING
What Do Teens Want? Using its online community, Habbo, Sulake surveyed some 58,000 teenagers to compile marketing data covering cosmetics to mobile-phone preferences EASTERN EUROPE • From Transitions Online
My Big, Fat Macedonian Wedding Not even joblessness and poverty deter Macedonians from splurging on expensive parties. Guest lists of 500 are common, and families go into debt SLIDE SHOW
The Return of Thomas Middelhoff The former star CEO of Bertelsmann is trying to shine up his reputation by fixing German retailer Arcandor • Venezuela strengthens ties with Russia• Ford’s Volvo lays off 1,200 workers• Trichet says speculators not to blame• Lufthansa confirms 2008 profit outlook• Barclays announces $8.85 billion share issueMORE BREAKING NEWS FROM AP > BW MALL SPONSORED LINKS
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Reader Janet Writes: 
In Praise of My Father 
Trichet’s Risky Business 
CNET.co.uk
UEFA Euro 2008 |
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Euro 2008 Kicks Economies Up a NotchThe economic impact of the three-week soccer championship is expected to exceed $2.15 billion for participating countries, including hosts Austria and SwitzerlandSponsors Bet Big on Euro Soccer SeriesAdidas vs. Nike: Battle of the Soccer AdsSoccer: Rising Stars and SalariesPro Sports Are Starting to Score in RussiaSoccer Cup’s Online Parallel UniverseSports Sponsorship: A Risky Game |
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