Phil's Feed
Jun 7, 2013

Soccer-Belgium take control of group with nervy win over Serbia

BRUSSELS, June 7 (Reuters) – Belgium beat Serbia 2-1 in a hard-fought match to move three points clear at the top of World Cup qualifying Group A and guarantee at least a playoff place on Friday.

The victory was secured with two headed goals, Kevin De Bruyne scoring from a Jan Vertonghen cross in the 13th minute and Marouane Fellaini from a De Bruyne corner on the hour mark.

Jun 5, 2013

Preview- Belgium out to prove they are a top European side

BRUSSELS (Reuters) – Belgium will seek to prove visiting Serbian coach Sinisa Mihajlovic right on Friday with his view that the hosts are among the three strongest soccer nations in Europe.

Much-fancied Belgium have not qualified for a major tournament in more than a decade, but lead European World Cup qualifying group A, albeit only on goal difference from Croatia.

Jun 5, 2013

Soccer-Belgium out to prove they are a top European side

BRUSSELS, June 5 (Reuters) – Belgium will seek to prove visiting Serbian coach Sinisa Mihajlovic right on Friday with his view that the hosts are among the three strongest soccer nations in Europe.

Much-fancied Belgium have not qualified for a major tournament in more than a decade, but lead European World Cup qualifying group A, albeit only on goal difference from Croatia.

May 31, 2013

Belgian rail cancels train order, seeks damages

BRUSSELS (Reuters) – Belgium’s railway operator has canceled a train order and will seek damages from a unit of Italian manufacturing group Finmeccanica (SIFI.MI: Quote, Profile, Research, Stock Buzz) over a high-speed rail link between Amsterdam and Brussels that could not cope with the cold last winter.

The train, made by Finmeccanica unit AnsaldoBreda and dubbed the Fyra, suffered a series of cancellations and delays when launched by Dutch railways in December and proved so unreliable in a cold snap in January that it was withdrawn.

May 30, 2013

Energy efficiency drive boosts Recticel’s polyurethane insulation

BRUSSELS, May 30 (Reuters) – Recticel sees
Europe’s insulation market expanding by five to 10 percent each
year and its polyurethane sector growing even faster following
increases in heating costs and the introduction of tighter rules
on energy efficiency for new houses.

Insulation is the smallest of the Belgian foam producer’s
four divisions, but it has posted the fastest growth since 2006,
with annual sales more than doubling in six years.

May 28, 2013
via FaithWorld

Belgian city of Ghent scraps headscarf ban imposed by center-right in 2007

Photo

(Mahinur Ozdemir, the first headscarved woman in a Belgian Assembly, attends a swearing-in ceremony at the Brussels’s Region Parliament in Brussels June 23, 2009. REUTERS/Thierry Roge )

The Belgian city of Ghent has scrapped its ban on civil servants wearing headscarves after its Socialist and Green majority overturned a measure imposed in 2007 when center-right parties dominated the city council.

May 23, 2013

SABMiller sees margin growth after Latam, Africa surges

BRUSSELS, May 23 (Reuters) – SABMiller, the world’s
second-biggest brewer, forecast margin expansion in the year
ahead after profit grew in line with expectations thanks to a
surge in earnings in Latin America and Africa.

The maker of Grolsch, Peroni and Pilsner Urquell, said on
Thursday it expected trading conditions to be broadly unchanged
in the next 12 months, with strong growth in developing markets
and difficulties in Europe and the United States.

May 10, 2013

Cost cuts help ArcelorMittal defy profit warning fears

BRUSSELS (Reuters) – ArcelorMittal (ISPA.AS: Quote, Profile, Research, Stock Buzz), the world’s largest steelmaker, defied fears of a profit warning on Friday and kept its earnings forecast for this year, helped by deep cost cutting in Europe.

Shares in the firm, which makes 6-7 percent of global steel, jumped as much as 7.5 percent after it posted a smaller-than-expected fall in first-quarter core profit and said the cost savings and its mining activities would help earnings improve in the months ahead.

May 8, 2013

Weaker Europe, iron ore price weigh on ArcelorMittal – CEO

LUXEMBOURG, May 8 (Reuters) – The world’s largest steelmaker
ArcelorMittal suffered in the first quarter from “very
weak” demand in Europe and falling iron ore prices, its chief
executive said on Wednesday ahead of results due on Friday.

The company, which makes some 6-7 percent of the world’s
steel, has said it sees global steel consumption up 3 percent
this year, but European demand falling by between 0.5 and 1.5
percent after a 9 percent drop in 2012.

Apr 30, 2013

AB InBev cuts Brazil outlook after weak start to year

BRUSSELS, April 30 (Reuters) – Anheuser-Busch InBev
, the world’s largest brewer, cut its sales forecast for
Brazil, its second-biggest market, in part because rising food
prices are reducing the amount of money that consumers there
have to spend on beer.

Shares in the maker of Budweiser, Stella and Beck’s fell
around 3 percent on Tuesday after it missed first-quarter profit
forecasts and said Brazilian sales volumes were likely to be
flat or down by a low-single-digit percentage this year. It had
previously forecast low-to-mid single digit growth in Brazil.

    • About Phil

      "I am responsible for Reuters news out of Belgium and Luxembourg, which has led to many long nights outside parliament in Brussels awaiting news of fraught coalition talks and state bailouts of Belgian banks. I have previously worked in London, Amsterdam, where my work included consumer electronics group Philips and the Lockerbie trial, and Berlin, where I covered the Hamburg trials of suspected September 11 conspirators."
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