Confirms 2015 outlook; Expects to lower CAPEX in 2015 - AGM comments - Sees higher profits for commercial vehicles and construction units.- Sees negative impact from trading conditions in agricultural unit.
federal government is working on plans without bankruptcy Euro-Off
How could run a sovereign default without that Greece would have to withdraw from the monetary union? According to information of a scenario TIME is it developed.
Last week, Greece could barely afford a due payment to the International Monetary Fund (IMF). The now-discussed plan aims to enable the ECB to finance Greece in case of a failure further . For this, the Greek banks would be restored to the extent that they can participate in the financial transactions of the central bank even after a bankruptcy.
Prerequisite for such a concession is but how it is said that Greece are cooperatively show and was ready to meet the reform requirements. If this is not the case, will take a secession from the monetary union in buying the federal government. Even then Greece will but as far as possible be tied to Europe - through aid flows from Brussels to facilitate the transition to its own currency.
Germany government said to be working on plan to keep Greece inside the euro zone even after a default - Die Zeit
RTRS - NOKIA CEO SAYS TOO EARLY TO SAY HOW MANY JOBS WILL BE CUT TO ACHIEVE COST SAVINGS TARGET
ALCATEL CEO SEES DEAL CLOSING IN 9-12 MONTHS
BN 04/15 07:46 *SMURFIT SAYS `NO MATERIAL NEW INFORMATION' AT CAPITAL MKTS DAY
*SMURFIT SAYS ‘NO MATERIAL NEW INFORMATION’ AT CAPITAL MKTS DAY
2015-04-15 07:47:56.122 GMT
--CORMAC MULLEN
-0- Apr/15/2015 07:47 GMT
2015-04-15 07:47:56.122 GMT
--CORMAC MULLEN
-0- Apr/15/2015 07:47 GMT
Dassault Aviation may be asked by Indian government to enter into JV with local partner to make Rafale aircraft
The Indian government may ask France-based Dassault Aviation to form a Joint Venture (JV) with a local partner to make the Rafale aircraft as a condition for allowing Dassault to execute an order for additional delivery of Rafale aircraft to the Indian air force, The Economic Times reported.
The report cited sources with knowledge of the situation as saying that the Indian government has already held initial talks on a proposal to possibly request for Dassault to rope in an Indian JV partner, with the local partner owning up to a 51% stake in the new venture.
The report also noted that the JV would be able to execute orders for additional Rafale aircraft, on top of the Indian government's off-the-shelf purchase last week of 36 Rafale planes from Dassault.
The list of potential JV partners for Dassault would include, but would not be limited to, state-run Hindustan Aeronautics.
Earlier, the Indian government in 2012 had ordered 126 Rafale aircraft from Dassault, but this transaction was stalled for various reasons. Although the Indian government recently agreed to purchase 36 Rafale planes from Dassault, the government's purchase of additional planes from Dassault may be contingent on the foreign company roping in a domestic JV partner.
The Economic Times
BMPS reaches agreement to sell 10.32% stake in Anima Holding to Poste Italiane - report
BMPS, the listed Italian bank, has sold a 10.32% stake in listed Italian asset management company Anima Holding to Poste Italiane, Italian language daily Il Sole 24 Ore reported.
The deal was reached yesterday 14 April. The deal value was likely to be in the EUR 6-EUR 7 per share range, although BMPS was believed to have been asking EUR 8.5 per share, the unsourced article noted.
Anima's shares closed at EUR 7.75 yesterday. The company has a market cap of EUR 2.3bn, the item added.
Il Sole 24 Ore