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BusinessWeek.com -- Europe
  • Trichet Says Greece Exit From Euro ‘Worst Possible Option’
    European Central Bank President Jean-Claude Trichet said in Cernobbio today that Greece’s exit from the euro would be the “worst possible option.”
  • London Faces Transport Turmoil as Subway Workers Plan Strike
    London’s 3.5 million Tube travelers face turmoil next week with as many as 10,000 of the subway’s train drivers, station staff and engineers staging the first of a series of 24-hour strikes over job cuts.
  • Enel Plans to Sell Spanish, Bulgarian Assets in Coming Months
    Enel SpA, Italy’s biggest utility, plans to sell its gas distribution assets in Spain by September and its stake in a Bulgarian power plant soon after, Chief Executive Officer Fulvio Conti said.
  • Earl Upsets Travels, Weakens, on Way to New England
    Hurricane Earl, weakening as it moves north toward New England and Canada, disrupted air and rail travel and lashed North Carolina’s Outer Banks with wind and rain.
  • London Faces Turmoil from Subway Strike
    London’s 3.5 million Tube travelers face turmoil next week with as many as 10,000 of the subway’s train drivers, station staff and engineers staging the first of a series of 24-hour strikes over job cuts.
  • Sarkozy Warns EDF, Areva to Stop Infighting
    President Nicolas Sarkozy warned France’s two nuclear champions Areva SA and Electricite de France SA to stop fighting and cooperate.
  • France, U.K. May Share A400M Planes
    The defense ministers of France and the U.K. said they’ll consider pooling equipment such as Airbus SAS A400M transport planes to cut costs, though they ruled out sharing aircraft carriers.
  • SAP Sees 'Limitless' Potential in China
    Co-CEO Bill McDermott says SAP aims to make China a "second home" to tap into "limitless growth" as local companies adopt management software and business intelligence tools
  • Novartis Malaria Drug May Yield New Treatment
    An experimental Novartis AG medicine that killed drug-resistant malaria in laboratory studies may become the first new class of treatment against the disease in 30 years, researchers said.
  • Novacem: Cement That Eats Carbon
    The construction materials industry emits gobs of carbon dioxide, but a British startup has devised a new cement that absorbs and stores CO2 when it's produced
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