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Mar 27, 2013

Wolters Kluwer’s online move injects life into health business

ARNHEM, The Netherlands, March 27 (Reuters) – Digital
doctors like Nicholas Haining and Frank Bosch are changing the
face of medicine and the way publishers such as Wolters Kluwer
make money in the stagnant or low-growth North
American and European markets.

Tablet computers and smartphones are almost as essential as
a stethoscope in the modern medic’s kit, with doctors calling up
medical journals, databases, reference works and patient records
on these gadgets as they do their hospital rounds.

Mar 21, 2013

Dutch orders for F-35 likely to be scaled back -sources

AMSTERDAM/WASHINGTON, March 21 (Reuters) – Dutch orders for
the Pentagon’s F-35 warplane are likely to be cut back, sources
close to the discussions told Reuters, citing cost overruns and
delays in the program, uncertainty over the Netherlands’ defense
strategy and budget cuts across Europe.

The Netherlands may cut 17 to 33 F-35s from its initial
plans to buy 85 of the new warplanes, according to people close
to the discussions who were not authorized to speak publicly
since final decisions are not expected until later this year.

Mar 17, 2013

Kenyatta lawyers push international court to drop case

AMSTERDAM (Reuters) – Lawyers for Kenya’s president-elect, Uhuru Kenyatta, will push the International Criminal Court on Monday to drop charges against him after the case against his co-accused collapsed.

The case against Kenyatta, on charges of crimes against humanity over bloodshed in the aftermath of Kenya’s 2007 election, has been further complicated by his victory in a ballot which was held largely peacefully this month.

Mar 15, 2013

Analysis: ECB bond-buying may be moving from deterrence to stand-by

FRANKFURT/AMSTERDAM (Reuters) – One of the biggest questions facing financial markets is the will-they or won’t-they hovering over the European Central Bank’s bond-buy program.

The bank has pledged to stop any speculative sell-offs of troubled euro zone bonds that threaten to break up the bloc, saying it will buy them itself if necessary. But it has never done so, leaving open the question of when or whether it ever will.

Mar 14, 2013

ECB should activate bond-buy plan if conditions met -Knot

AMSTERDAM, March 14 (Reuters) – The European Central Bank
should be ready to make good on its promise to buy government
bonds if certain circumstances are fulfilled, ECB Governing
Council member Klaas Knot said on Thursday.

“I don’t want to speculate on any specific case. But it is
clear that if certain circumstances are fulfilled, then the ECB
should be ready for activation,” Knot told a press conference.

Mar 13, 2013

ASMI sale of shares in HK unit disappoints

AMSTERDAM, March 13 (Reuters) – Dutch semiconductor
equipment maker ASM International NV is
selling a smaller-than-expected stake in its Hong Kong-listed
unit, disappointing investors who had hoped a break-up of the
firm might create more money for shareholders.

ASMI’s shares fell as much as 16 percent on Wednesday to
their lowest since November, after it said it would sell between
8 percent and 12 percent of the total outstanding share capital
in ASM Pacific Technology in a share placement.

Mar 1, 2013

Vopak hit as demand for oil and chemical storage falls

AMSTERDAM, March 1 (Reuters) – Dutch oil and chemcials
storage firm Vopak missed fourth-quarter operating
profit forecasts and warned of only limited growth this year as
a weak manufacturing sector cuts demand for its services.

Shares in the company dropped more than 10 percent in early
Friday trading.

The bulk of Vopak’s customers are companies in the oil and
chemicals industries whose fortunes are determined by the health
of the broader economy.

Feb 18, 2013

TNT Express plans disposals after further losses

AMSTERDAM (Reuters) – TNT Express (TNTE.AS: Quote, Profile, Research, Stock Buzz), whose $7 billion takeover by United Parcel Service (UPS.N: Quote, Profile, Research, Stock Buzz) was blocked last month, reported a further loss on Monday, saying it would sell units in Brazil and China and cut costs as it prepares for a future alone.

The Dutch package delivery firm does not expect offers from other rivals given regulators’ concerns about competition in Europe, and is not a break-up target, its interim chief executive said on Monday.

Feb 18, 2013

TNT Express reports further loss, plans disposals

AMSTERDAM (Reuters) – TNT Express (TNTE.AS: Quote, Profile, Research, Stock Buzz), whose $7 billion takeover by United Parcel Service (UPS.N: Quote, Profile, Research, Stock Buzz) was blocked last month, reported a fourth-quarter loss on Monday and said it was looking to sell troubled businesses in Brazil and China.

The collapse of the UPS deal leaves the Dutch express delivery firm having to confront a weak European market on its own.

Feb 13, 2013

ING cuts thousands more jobs at retail bank

AMSTERDAM, Feb 13 (Reuters) – Dutch financial services group
ING announced deeper job cuts in retail banking as it
prepares to separate its banking and insurance operations under
the terms of a state bailout.

ING is dismantling its once-fashionable bancassurer model
after the 2008 bailout, divesting insurance and investment
management and other assets through disposals or stock market
listings as it prepares to repay the aid.

    • About Sara

      "Sara Webb, bureau chief for Indonesia, has lived in Jakarta since 2007. She has worked as a journalist in Asia, Europe and the United States."
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