Austria backs away from privatization
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VIENNA Austria backed away from a full privatization of its top telecommunications company after merger talks with Swisscom failed.
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The French Competition Council will not force Apple to license its FairPlay digital-rights management technology to competitors. The Council rejected an argument by Virgin France, which
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Spanish energy group Gas Natural said it was dropping its bid to buy electricity company Endesa, leaving it to E.ON of Germany to buy it and create a new European energy champion.
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The London Stock Exchange today rejected a Â£1.35bn takeover approach from German rival Deutsche BÃ¶rse, but held open the prospect of further talks.
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Bundesbank President Axel Weber ruled out the use of Germany's huge gold reserves to help fill the gaps in federal budget.
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Negotiations between the Austrian privatisation agency OeIAG and the Swiss telecommunications group Swisscom for a stake in Telekom Austria ended without a deal, OeIAG said in a statement.
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JOHANNESBURG  -- Initial feedback from Gold Fieldsâs North American and European investors is rejection of the hostile all-share bid by Harmony Gold for its larger rival, which has labeled the offer as âopportunisticâ, Gold Fields chief
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The Italian government will not inject capital in Fiat SpA to help the struggling carmaker, Italy's labor minister was quoted as saying Saturday.
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The German government will stick to its  disputed goal of raising living standards in the formerly  communist east to western levels despite the spiraling costs,  Chancellor Gerhard Schroeder said Tuesday.
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Some world leaders say they will not be pressured into following economic policies prescribed to them.
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The head of Russia's natural resources ministry announced that foreign companies will be barred from bidding in large mineral deposit auctions in 2005, a ministry spokesman said.
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Austrians vote Sunday in national elections that could swing the alpine nation back to the political center after more than six years of influence by the extreme right.Comment
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The privatization of Poland's energy sector privatization is likely to face further delays, with the sales of its two biggest power producers, PKE and BOT, not coming until 2006, as the government works to ...
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Billionaire investor Warren Buffett rebuffs suggestions he sold PetroChina shares because of its links to Sudan.
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WMC, the Australian mining firm, turns down a $5.5bn bid from Swiss company Xstrata but says it is willing to hold talks on a deal.
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Austriaâs conservative government said yesterday that it wanted a decision from the European Union summit on December 17, to remain open to offering Turkey less than full membership, a prospect dismissed by Turkey.
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Finance Minister Ivan Miklos has rejected criticism from several European Union member states, especially Germany and France, about Slovakia's low taxes.