THE WALL STREET JOURNAL Europe Morning Update
December 1, 2008 -- 3:18 a.m. EST
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TODAY'S NEWS
(WSJ.COM SUBSCRIPTION REQUIRED TO READ FULL STORIES)
Investors are fretting that Swiss Re's strategy will make the company particularly vulnerable to troubles hitting the European insurance industry.
http://online.wsj.com/article/SB122808506581767465.html?mod=djemEMU
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Ryanair returned with a new $950 million bid for Irish flag carrier Aer Lingus, two years after Europe's largest low-cost carrier launched a previous failed bid.
http://online.wsj.com/article/SB122811697181368635.html?mod=djemEMU
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Spanish construction company Sacyr-Vallehermoso has agreed to sell toll road operator Itinere Infraestructuras to a Citigroup infrastructure fund.
http://online.wsj.com/article/SB122811397235568607.html?mod=djemEMU
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The U.K. is sliding deeper into recession, making another rate cut more likely. Poland adopted a $31.4 billion stabilization package.
http://online.wsj.com/article/SB122808603679967505.html?mod=djemEMU
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Europe's corporate debt market picked up a bit last week, but raising funds comes at a high price.
http://online.wsj.com/article/SB122808974038667647.html?mod=djemEMU
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Social Democrats who promised to soften the impact of the global economic crisis won the most votes in Romania's parliamentary elections Sunday but did not get enough support to take power outright, projections showed.
http://online.wsj.com/article/SB122807590590767191.html?mod=djemEMU
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Italy approved an economic-aid package to counter a recession, including a plan to shore up its banks that may be worth up to $15.24 million.
http://online.wsj.com/article/SB122807886517567297.html?mod=djemEMU
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Sanofi-Aventis's new chief executive, Christopher Viehbacher, is expected introduce big changes when he takes over this week.
http://online.wsj.com/article/SB122807657188167211.html?mod=djemEMU
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U.S. stocks rose for a fifth straight day amid thin trading in an abbreviated session. The Dow industrials rose 102 points.
http://online.wsj.com/article/SB122787509571663847.html?mod=djemEMU
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To read any of the articles above, please see: http://www.wsj.com
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FEATURES
(WSJ.COM SUBSCRIPTION REQUIRED TO READ FULL STORIES)
A heated battle for passengers between the Russian capital's main airports offers an unlikely model of competition for the aviation industry.
http://online.wsj.com/article/SB122808467831367443.html?mod=djemEMU
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Hammered by economic woe, Latvia took a novel step to contain the crisis. Its counterespionage agency busted an economist for being too downbeat.
http://online.wsj.com/article/SB122809308553167889.html?mod=djemEMU
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Britain is weighing a ban on the display of cigarette packets in all stores, forcing shopkeepers to store them out of view.
http://online.wsj.com/article/SB122808003558667335.html?mod=djemEMU
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Chancellor Angela Merkel made it clear there will be no massive German-led fiscal boost for Europe.
http://online.wsj.com/article/SB122809647358768181.html?mod=djemEMU
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