European Union pig farms are missing out on a boom in U.S. prices after Russia banned imports from the 28-country bloc, spurring Brussels to file a World Trade Organization case today after talks to reopen trade failed.
Goldman Sachs Group Inc. and a group of cable makers including Nexans SA were fined a total of 301.6 million euros ($416 million) by the European Union for fixing the price of high-voltage power cables sold to energy providers.
Nexans SA , the world’s largest cable maker, predicts business in 2011 to be a better than last year after it signed a series of large contracts, French weekly Investir said, citing Chief Executive Officer Frederic Vincent .
Experian Plc, the credit-reporting service with financial information on more than 740 million consumers, is being investigated by Irish regulators in the wake of a series of breaches of the company’s databases.
Nexans SA, the cable and wire maker that agreed today to buy AmerCable Holdings Inc., will probably take a breather to integrate acquisitions rather than make more purchases this year, the French company’s chief executive said.
Nexans SA fell the most since February 2009 after saying it plans to raise 284 million euros ($385 million) from selling shares and cut its full-year earnings forecast as the world’s second-biggest cable maker battles overcapacity and increasing competition.