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• Siemens boss says group is too German, white and male

  - 2008-06-25

  FRANKFURT AFP — The head of German industrial group Siemens, Peter Loescher, feels his company's managers are too German, white and male, he said Wednesday in an interview. "The managment board are all white males," the Austrian-born Siemens chief executive told the Financial Times and Financial Times Deutschland. ...

  Tags: Agence France-Presse, China, Financial Times, India, Siemens AG

• EDF raises pressure on British Energy to accept bid

  - 2008-06-13

  PARIS AFP — French electricity giant EDF has warned British Energy that it will drop a takeover bid of 11 billion pounds (14 billion euros) if the British group does not agree a deal by the end of June, a report said on Friday. The Financial Times newspaper, quoting...

  Tags: Agence France-Presse, FINANCE, Financial Times, Investment, stock

• Unilever, Procter and Gamble in British consumer watchdog probe: report

  - 2008-04-27

  LONDON AFP — Two giant household products firms were contacted by Britain's consumer watchdog over a probe that also includes four of the country's biggest supermarket chains, the Financial Times said Monday. According to the business daily, which quoted a Procter and Gamble spokesperson, the Office of Fair Trading...

  Tags: Agence France-Presse, Financial Times, MARKETING, SOFTWARE, Unilever PLC

• EADS to consider ways to limit foreign ownership: chairman

  - 2008-03-24

  PARIS AFP — Key shareholders in European aerospace giant EADS are to consider a move that would prevent foreign investors from acquiring more than a 15 percent stake, the EADS chairman said in an interview published Monday by the Financial Times. Rudiger Grubbe told the paper that such an...

  Tags: Agence France-Presse, FINANCE, Financial Times, Government, Manufacturing, shareholder

• British minister sets deadline for ISPs to crack down on piracy

  - 2008-02-21

  LONDON AFP — British Internet service providers ISPs face legal sanctions from the government if they do not crack down on online piracy by April 2009, a minister said in an interview published Friday. Speaking to the Financial Times, Culture Secretary Andy Burnham described the deadline as a "clear...

  Tags: Agence France-Presse, Financial Times, Government, INTERNET, Piracy

• Russian aluminum giant 'weighing IPO switch to Hong Kong from London'

  - 2008-01-23

  MOSCOW AFP — Russian aluminum giant Rusal is considering switching its initial public stock offering from London to Hong Kong, the Financial Times said Wednesday, but a company spokesman insisted no decision had yet been made. The paper quoted a senior executive of the holding company controlling a 66...

  Tags: Agence France-Presse, FINANCE, Financial Times, Investment, IPO, London, stock

• Leisure group TUI mulls Hapag-Lloyd integration

  - 2008-01-14

  FRANKFURT AFP — European leisure and transport firm TUI is mulling the full integration of its maritime transport unit Hapag-Lloyd into the parent group to protect it from hostile takeover bids, a press report said Monday. TUI would also move its headquarters from the northern German city of Hanover...

  Tags: Agence France-Presse, Financial Times, integration, transport

• China forex entity buys Australia bank stakes: Financial Times

  - 2008-01-03

  BEIJING AFP — The entity that manages China's huge foreign exchange reserves has bought stakes in three of Australia's largest banks though a secretive subsidiary, the UK-based Financial Times reported Friday. Although the stakes purchased were small, the secretive nature of the deals and the entity's attempts to deny...

  Tags: Agence France-Presse, Australia, bank, China, FINANCE, Financial Times, foreign-exchange

• Egyptian firm to invest in NKorean cement plant

  - 2007-07-15

  SEOUL AFP — An Egyptian group has sealed a 115 million dollar deal to invest in a North Korean cement plant, press reports and Pyongyang's state media said Monday. Orascom Construction Industries and the Pyongyang Myongdang Trading Corporation have signed a joint venture agreement to renovate and operate the...

  Tags: Agence France-Presse, cement, FINANCE, Financial Times, Investment, MARKETING

• Blair's aides said to face charges in 'cash-for-honours' row

  - 2007-04-20

  LONDON AFP — Close allies of British Prime Minister Tony Blair are set to be charged in the "cash for honours" row that has tainted his final year in office, newspapers said Saturday. Police investigating the allegations on Friday handed a 216-page file to the Crown Prosecution Service CPS,...

  Tags: Agence France-Presse, FINANCE, Financial Times