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Zurich and other European insurers to raise $5 bln in share sales

Zurich Financial Services AG, Royal & Sun Alliance Insurance Group Plc and other European insurers will ask investors for at least $5 billion as investment losses mount and their shares plunge.Zur ...

Catella sets up new investment management company

In line with its ambition to increase focus on financial services, Catella is starting a new investment management company together with Mr R Malcolm Naish, former International Director of LaSalle In ...

July exports no longer falling

According to the latest preliminary figures by Statistics Netherlands, the Netherlands exported almost 19 billion euro worth of goods in July 2002. This is virtually identical to the July 2001 figure. ...

Schiphol: delayed opening new fifth runway

Opening not earlier than early 2003Construction of Amsterdam Airport SchipholÂ's new fifth runway, Polderbaan, will be completed as scheduled on November 28, 2002. However, the new runway will not be ...

Roelf Pater to head Asset Management Mn Services

As per September 5, 2002 drs. R. Pater will head Asset Management of Mn Services.Roelf Pater has been employed by Mn Services from 1 March 1997. As from 1 May 1999 he was Manager Finance and Informati ...

EU15 current account deficit EUR 1.6 bn

EUR 4.1 bn surplus on trade in servicesThe EU15 external current account recorded a deficit of 1.6 billion euro in the second quarter of 2002, as compared with a deficit of 5.2 billion euro in the sec ...

Pension fund De Eendracht new shareholder of Altera

On September 13, 2002 Altera Vastgoed NV and pension Fund De Eendracht reached agreement on De EendrachtÂ's participation in AlteraÂ's commercial property portfolio for a total of EUR 20 mln. Altera ...

FPDSavills new openings In Italy and Spain

FPDSavills has continued its drive into the continental European commercial property market with the opening of two new offices in Italy and one further office in Spain.In an aggressive move to target ...

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