Europe / Russia

Alcatel-Lucent: pick up the phone

The telephone equipment maker sits uneasily between sector technology leader – Ericsson – and Chinese companies, such as Huawei, that tend to win on cost

Friday, February 10, 2012 (Financial Times )

Austria announces five-year austerity plan

Austria's coalition government announced on Friday a five-year austerity plan to claw back 26.7 billion euros ($35.2 billion) in savings and increased tax revenue.The target would primarily be reached

Friday, February 10, 2012 (France24)

Expat French get Internet vote for first time

French citizens will for the first time this year be able to vote in a parliamentary election over the Internet, an experiment that could be extended to other elections if successful.Edouard Courtial,

Friday, February 10, 2012 (France24)

Lenovo net profit surges 54% in third quarter

Chinese computer maker Lenovo Group Ltd. said its third-quarter net profit rose 54 percent from a year earlier, but warned a global hard disk drive shortage could impact future margins.Lenovo reported

Friday, February 10, 2012 (France24)

Misys/Temenos merger fails to impress

Shareholders are unimpressed by the terms of a proposed $2bn merger, which would create the world’s largest provider of banking software

Friday, February 10, 2012 (Financial Times )

Russian daily accuses Putin group of cyber attack

Russia's Kommersant business daily said Friday it had asked the police to probe a Kremlin youth group for alleged involvement in repeated hack attacks on its website.The popular broadsheet vanished fr

Friday, February 10, 2012 (France24)

Debt crisis: More riots as Greek party wobbles on deal

VIOLENT clashes erupted between Greek protesters and police outside Athens parliament today.

Friday, February 10, 2012 (Independent )

Debt crisis: Running street battles erupt in Athens

VIOLENT clashes erupted between Greek protesters and police outside Athens parliament today.

Friday, February 10, 2012 (Independent )

Michelin sets high growth targets after solid 2011

French tyre maker Michelin set ambitious growth targets for the years ahead after posting Friday a 39-percent increase in next profit in 2011 to 1.46 billion euros ($1.93 billion)Operating profit rose

Friday, February 10, 2012 (France24)

Europe stocks, euro falter as Greece awaits rescue

European stock markets fell and the euro dropped against the dollar on Friday in reaction to a new threat of Greek bankruptcy after the eurozone held up a bailout.The benchmark FTSE 100 index fell 0.2

Friday, February 10, 2012 (France24)

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