Articles by Marcel Michelson

RusAl Dives 9% in Hong Kong

  • 28 January 10
  • Reuters
Shares of the aluminum firm fell steeply on the first day of trading in Hong Kong but Oleg Deripaska  shrugged off the fall as a broad market sell-off.

Renault Says AvtoVAZ Keeps It Busy

  • 05 March 08
  • Reuters
Renault's billion-dollar deal to take a 25 percent stake in the maker of Lada cars will keep it busy for a while and will push back a decision on entering the Chinese market, chief executive Carlos Ghosn said Tuesday.

Make-or-Break Debt Plan Is Eurotunnel's Last Hope

  • 01 June 06
  • Reuters
Anglo-French Channel tunnel operator Eurotunnel announced a long-awaited debt restructuring proposal on Wednesday, backed by three international banks, and said it would go bankrupt without it.

Mittal Seeks Support for Hostile Arcelor Bid

  • 31 January 06
  • Reuters
After its $23 billion bid for Arcelor is rejected, Mittal tries to reassure the French government that it will protect jobs in France.

Food Giant Ahold Struggles to Evolve

  • 20 April 04
  • Reuters
Dutch Ahold, recovering from a 1 billion euro accounting scandal, came close to breakeven in 2003 despite sluggish consumer spending, the world's No. 3 food retailer said Monday.

Ahold Is Raided in Criminal Probe

  • 08 July 03
  • Reuters
A Dutch public prosecutor kicked off a criminal investigation into possible falsification of accounts at scandal-hit global retailer Ahold at the weekend.

Heineken Warns of Flat Profits

  • 24 June 03
  • Reuters
Dutch brewer Heineken warned of flat first-half profits on Monday, as economic slowdown, war in Iraq and the deadly SARS virus, among other problems, had kept drinkers out of bars and discos.

Swissair Forced to Ground Fleet

  • 03 October 01
  • Reuters
Swissair stopped flying Tuesday as the 70-year-old national airline ran out of cash, threatening a humiliating crash landing for one of the best-known flag carriers in the struggling aviation industry.

Berezovsky's Swiss Funds Kept Frozen

Swiss Start Probing Prices For Microsoft Software

Roche to Spin Off $4Bln Flavor Unit

Swiss Graft-Buster in Line for Top UN Job

Swisscom Buys 58% Of Debitel

French Merger Forms World's 4th-Largest Bank

Elf Reconsiders Investing in Sibneft

Gazprom Signs $3B Financing Facility

Polls Postpone Sale Of France Telecom

French Oil Giant Signs Azeri Accord

French Strike's Impact Spreads

Mobiles Liberate the Masses