Europe News
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Alcatel-Lucent Confirms 2010 Outlook After Second-Quarter Loss
Alcatel-Lucent SA , France’s largest telecommunications equipment maker, confirmed full-year margin targets after posting an operating profit in the second quarter.
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U.K. Consumer Confidence Falls to Lowest in Almost a Year on Budget Cuts
U.K. consumer confidence fell more than economists forecast this month as the prospect of government spending cuts undermined Britons’ optimism on the economic recovery, GfK NOP said.
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Li Ka-shing Companies Bid $9.1 Billion for EDF's U.K. Unit
A group led by Hong Kong billionaire Li Ka-shing ’s Cheung Kong Infrastructure Holdings Ltd. has offered to buy Electricite de France SA’s U.K. power networks unit for 5.8 billion pounds ($9.1 billion).
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Vedanta, Defying `Avatar' Protest, Seeks to Mine Orissa Bauxite This Year
Vedanta Resources Plc , battling criticism from environmental groups and some shareholders over plans to extract bauxite in India’s Niyamgiri mountains, said it may begin mining at the site as early as the end of the year.
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