June 2, 2003 |
On Christmas Day, Europe's first planetary explorer is expected to touch down on Mars, pop open like a clamshell and belt out a catchy little tune by the British pop band Blur. If the mission goes as planned, the British-made Beagle 2 lander will slowly extend its PAW -- a mechanical arm laden with instruments and sensors -- to begin probing the surface for signs of life as a dot painting by English avant-garde artist Damien Hirst helps calibrate the cameras.
February 4, 2001 |
If you're Microsoft, Sprint, UAL or any of a number of other U.S. companies, the most important--even feared--man in all Europe can be found here, at 70 Joseph II St. "Unfortunately, I'm not an interesting person," Mario Monti warned an interviewer with a self-deprecating chuckle. Yet this seemingly strait-laced northern Italian with a puckish wit is so powerful and influential that he has been nicknamed "Super Mario."
September 15, 2000 |
The slumping euro currency's corporate victims are beginning to pile up. Colgate-Palmolive Co.'s shares (ticker symbol: CL) tumbled 16% on Thursday after analysts said the world's largest toothpaste maker was warning them that third-quarter sales will rise less than expected because of the falling euro. The stock's plunge--down $8.75 to $47.
July 20, 2000 |
Europe is the world's hot spot for mergers and acquisitions, led by Britain, which unseated the United States for first place in buying out foreign companies last year, an economic policy group reports. Worldwide, the number of cross-border mergers jumped 50% to just more than 5,000 in 1999, with nearly three-quarters of the deals in Europe, according to the Paris-based Organization for Economic Cooperation and Development.
May 19, 2000 |
Coca-Cola Co., embarrassed last year by a series of mishaps in Europe, again found itself under a cloud in the region Thursday as antitrust regulators raided the London and Brussels offices of the beverage giant's main bottler. The early-morning raids were part of a widening probe into whether Coca-Cola and its 40%-owned bottler, Coca-Cola Enterprises Inc., had breached European Union competition laws by offering retailers illegal incentives to buy Coke products at the expense of rival brands.
May 11, 2000 |
Bank of America Corp., the largest U.S. bank, said it's considering acquisitions and hiring investment bankers from rival firms to bolster its securities business in Europe. The Charlotte, N.C.-based bank has no plans to buy a "big investment bank" and would rather recruit bankers from other firms, said Kenneth Lewis, Bank of America's president and chief operating officer. The bank would consider buying a smaller firm to fill a particular niche, he said.