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Credit Suisse Group: net operating loss of CHF 1.8 bln and net loss of CHF 2.1 bln for the third qua

Significant insurance losses impact results by CHF 1.4 blnIn the third quarter of 2002, Credit Suisse Group recorded a net operating loss, which excludes the amortization of acquired intangible assets ...

Construction of Schiphol golf course to commence in first half of 2003

Schiphol Real Estate BV and BurgGolf Schiphol BV have signed an agreement to build and operate a golf course and a clubhouse at Nieuwe Meer, alongside the A9 motorway north of Amsterdam Airport Schiph ...

MDC sells Forum Montijo shopping centre to CGI

Multi Development Corporation, an Amstelland MDC subsidiary, has sold the Forum Montijo shopping centre which it has developed in Portugal to Commerz Grundbesitz Investmentgesellschaft (CGI), in a tra ...

AXA consolidated revenues up 5.3%

AXA reported yesterday that consolidated revenues for the first nine months of 2002 rose 5.3% to Euro 56.9 billion compared to the same period last year.Highlights . Life & Savings revenues, which ...

Vendex KBB begins second half with higher sales figures

The second half of the fiscal year 2002/03 has started well for Royal Vendex KBB N.V. All formats achieved higher sales in the third quarter (August to October).Total net sales of the continued activi ...

USA reclaims top ranking in Global Competitiveness Report 2002-2003; the Netherlands drops from thir

The United States is the most competitive economy in the world according to The Global Competitiveness Report 2002-2003 released by the World Economic Forum today. This year the United States swaps po ...

Exports up

According to provisional figures just released by Statistics Netherlands, the value of goods exported from the Netherlands was 4 percent higher in September 2002 than in the same month last year, at j ...

Metro delays real estate sale

German retailer Metro AG said on Wednesday it had put the sale of its property portfolio on hold because of uncertainty over government plans to tax real estate disposals, sending its shares tumbling. ...

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