europe news

Diageo to acquire stake in Chinese spirits maker

Chinese regulators have approved Diageo’s acquisition of an additional four per cent stake in Sichuan Chengdu Quanxing Group, a Chinese white spirits company.
Diageo to acquire stake in Chinese spirits maker

China offers reprieve for Saab

A Chinese company has placed an order to purchase 582 Saab vehicles with a total value of €13 million from Saab Automobile, offering the company a short reprieve from its financ
China offers reprieve for Saab

HMV Canada sold to British finance group

HMV Canada has been sold to British retail restructuring specialist Hilco UK for £2.05 million as part of HMV Group’s plans to reduce debt and secure its main business in the UK
HMV Canada sold to British finance group

UK earmarks eight new nuclear sites

The UK government has earmarked eight sites across the country as suitable locations for new nuclear power stations.
UK earmarks eight new nuclear sites

Drilling resumes at Seitaperä

Karelian Diamond Resources has announced the resumption of drilling on its Seitaperä diamondiferous kimberlite pipe in Finland.
Drilling resumes at Seitaperä

AWS secures Alstom investment

AWS Ocean Energy Ltd, the Scottish wave energy company, has secured a major investment from French power giant Alstom.
AWS secures Alstom investment

Premier raises Wytch Farm stake

Oil and gas exploration company Premier Oil has raised its interest in the UK onshore oilfield Wytch Farm by 17 per cent.
Premier raises Wytch Farm stake

Rolls-Royce signs exclusive engine deal

Rolls-Royce has signed an agreement to be the exclusive engine provider for an enhanced version of the Airbus A350-1000 aircraft.
Rolls-Royce signs exclusive engine deal

easyJet to open new Southend base

The UK’s largest airline, easyJet, has announced that it will open a new base at London Southend Airport from April 2012.
easyJet to open new Southend base

Ericsson buys Telcordia for $1.15 billion

Swedish telecommunications operator Ericsson has agreed to acquire New Jersey, US-based Telcordia for $1.15 billion.
Ericsson buys Telcordia for $1.15 billion

Wood Group PSN wins contract extension

Wood Group PSN has announced the extension of its contract with TAQA Bratani by a further five years.
Wood Group PSN wins contract extension

Kazakhmys signs loan agreement with China Development Bank

Copper producer Kazakhmys has announced the signing of a memorandum of understanding with the China Development Bank for a $1.5 billion loan.
Kazakhmys signs loan agreement with China Development Bank

Tailings dam a goldmine for Pan African

Gold mining company Pan African Resources has reported “encouraging” results from its drilling programme at a tailings dam at Barberton Mines in South Africa.
Tailings dam a goldmine for Pan African

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