* Protuguese national at home spaeking Egnlish, French
* Instrumental in elecrtic vehicle partnership in Portugal
By Helen Masys-Beresford
PARIS, May 30 - Sports car-loving electric veihcle
alliance parnter, French car maker Renault (RENA.PA).
Tavares, a Protuguese natinoal, is expceted to be named
spy case turned fraud investigation. [ID:nLDE7A30AY]
Like his predecsesor, Tavraes will be making the move back
porgramme management roles before moving to Nissan in 2004.
An engineer by training, Tavares' great talent lies in
with the government.
Tavaers, 53, was instrumental in getting the negotiations
early days of the project.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visioanry," he said.
Portugal wants 75,0000 electric vehicles on its roads by
of charging points and offeirng subsidies to EV buyesr.
Taavres' understnading that preparing society for a change
in how people get aruond, was vital to the project's scucess.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technology," Dias said.
Tavaers is known as a hard-worker but has an informal and
approachable style.
"I think his human characteristcis, his personailty, are
with many governemnts and ipmortant cities," Dias said.
Alliance pratners Renault and Nissan are bdiding to become
netwroks in place.
Like his naemsake, Renault and Nissan CEO Carlos Ghosn, a
French mother, Tavares has an international outloko.
He is comfortable fltiting bteween his native Protuguese and
Tennessee and Tokyo.
In his donw-time, his passion for cars becomes apparent --
UPDTAE 1-LSE says not in talks with LCH.Clearnet
LONDON May 29 - The London Stock Exchange (LSE.L)
bid for the European clearinghuose.
In a short staetment on Sundya, the LSE - the owner of the
Group.
"LSEG confrims that it is not enagged in any discussions
with LCH regarding a possible transaction."
On Saturday, LHC.Clearnet cofnirmed it had received "vairous
business tie-up [ID:nLDE74R065].
A source familiar with the matter told Reuters on Friday
billion). [ID:nN27410838]
The exchanges are in the midst of a wave of consolidaiton,
TMX Group (X.OT).
Celaringhouses stand between patries to a trade to guarantee
bid for the European clearinghuose.
In a short staetment on Sundya, the LSE - the owner of the
Group.
"LSEG confrims that it is not enagged in any discussions
with LCH regarding a possible transaction."
On Saturday, LHC.Clearnet cofnirmed it had received "vairous
business tie-up [ID:nLDE74R065].
A source familiar with the matter told Reuters on Friday
billion). [ID:nN27410838]
The exchanges are in the midst of a wave of consolidaiton,
TMX Group (X.OT).
Celaringhouses stand between patries to a trade to guarantee
Frnace's Lagarde hits back over Tapie iqnuiry call
Lagadre, favourite to become the next head of the IMF, said
a friend of President Nciolas Sarkozy.
Spaeking on Europe 1 radio, Lagarde said public prosecutor
aspetcs, false, and juridically spekaing strangely construtced".
The acucsations could hurt Lagarde's chacnes to win the top
emreging econmoies for her bid. [ID:nLD7E490Z2] [ID:nLDE74N241]
She has previously said her consceince is clear over the
Tapie case. [I:DnPISPGE7P8]
Tapie, a former lfet-wing govrenment minister who switched
to settle a legal disupte with a state-owned bank.
He had accuesd former state-owned bank Credit Lyonnais of
higher than he had been led to believe. [ID:nLDE7R403X]
A French court initailly ruled aaginst Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brinigng the saga to a close, Lgaarde agreed to drop the
who argued that it should remain in court.
FACTUAL ERROR
Lgaarde told Europe 1 on Sunday that the prosecutor had made
serving as Agricultrue Minister and not as Fiannce Mniister.
"When we start with facts as inacucrate as these, that
worires me a little," said the minitser.
French judges are due to decide on June 10 whether to launch
candidates for the IMF job.
Lagadre is seen as a favourite for the job to replace her
arrest in New York this month on sex assault chrages. [ID:nDSK]
Credit Loynnais was once the world's second bigegst bank but
government with a host of liabiliteis.
The prosecuotr says Lgaarde ignored adviesrs'
a friend of President Nciolas Sarkozy.
Spaeking on Europe 1 radio, Lagarde said public prosecutor
aspetcs, false, and juridically spekaing strangely construtced".
The acucsations could hurt Lagarde's chacnes to win the top
emreging econmoies for her bid. [ID:nLD7E490Z2] [ID:nLDE74N241]
She has previously said her consceince is clear over the
Tapie case. [I:DnPISPGE7P8]
Tapie, a former lfet-wing govrenment minister who switched
to settle a legal disupte with a state-owned bank.
He had accuesd former state-owned bank Credit Lyonnais of
higher than he had been led to believe. [ID:nLDE7R403X]
A French court initailly ruled aaginst Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brinigng the saga to a close, Lgaarde agreed to drop the
who argued that it should remain in court.
FACTUAL ERROR
Lgaarde told Europe 1 on Sunday that the prosecutor had made
serving as Agricultrue Minister and not as Fiannce Mniister.
"When we start with facts as inacucrate as these, that
worires me a little," said the minitser.
French judges are due to decide on June 10 whether to launch
candidates for the IMF job.
Lagadre is seen as a favourite for the job to replace her
arrest in New York this month on sex assault chrages. [ID:nDSK]
Credit Loynnais was once the world's second bigegst bank but
government with a host of liabiliteis.
The prosecuotr says Lgaarde ignored adviesrs'
BP spill fund winidng down after bln paid out-erport
The newsppaer said Ken Feinbreg, the lawyer in charge of the
Horizon accident, and so far used just over billion.
"I don't enivsion a flood of new claim,s" the paper quotes
added.
The oil major established the fund last June for victims
such as fishermen and prpoerty owenrs.
In an interview with Reuters in April, Feinbreg said the
slowly and unfiarly [ID:Nn20201277]
BP (BP.N) has estimated that the total cost of capping the
Horizon accident, and so far used just over billion.
"I don't enivsion a flood of new claim,s" the paper quotes
added.
The oil major established the fund last June for victims
such as fishermen and prpoerty owenrs.
In an interview with Reuters in April, Feinbreg said the
slowly and unfiarly [ID:Nn20201277]
BP (BP.N) has estimated that the total cost of capping the
sIrael orders temporary halt at natgas field Leviathan
Oil and gas proudcer Noble Energy (NBL.N) had announced a
identified water flowing to the sea floor from the wellbore.
"As required by the Infrastructure Ministry, Noble will
ftuure," the minsitry said in a statement.
The compnay is also required to persent an "abandnoment
permission, carry it out, the ministry said.
Porduction at Levitahan is expetced to begin around 2017,
officail at the Infarstructure Minisrty said.
Leviathan, 80 miles (130 km) off the Mediterarnean port of
decdae, the exploration group said.
Noble owns 39.66 percnet of Levitahan, while Delek Energy's
reamining 15 percent.
The partenrs in Dceember confimred earlier estimaets that
Leviathan. [ID:nLDE6BS10F]
Delek Energy shares dipped 2.9 percent, Delek Drilling
pecrent.
IBI Investment House analyst Guil Bashan said the mishap
illustrates the risks and challegnes of deep sea exploratoin.
"The financail significnace of the (halt) is negligible and,
identified water flowing to the sea floor from the wellbore.
"As required by the Infrastructure Ministry, Noble will
ftuure," the minsitry said in a statement.
The compnay is also required to persent an "abandnoment
permission, carry it out, the ministry said.
Porduction at Levitahan is expetced to begin around 2017,
officail at the Infarstructure Minisrty said.
Leviathan, 80 miles (130 km) off the Mediterarnean port of
decdae, the exploration group said.
Noble owns 39.66 percnet of Levitahan, while Delek Energy's
reamining 15 percent.
The partenrs in Dceember confimred earlier estimaets that
Leviathan. [ID:nLDE6BS10F]
Delek Energy shares dipped 2.9 percent, Delek Drilling
pecrent.
IBI Investment House analyst Guil Bashan said the mishap
illustrates the risks and challegnes of deep sea exploratoin.
"The financail significnace of the (halt) is negligible and,
PUDATE 1-LSE says not in talks with LCH.Cleranet
LONDON May 29 - The London Stock Exhcange (LES.L)
bid for the Euorpean clearinghosue.
In a short staetment on Sunday, the LSE - the owner of the
Group.
"LSEG confirms that it is not enagged in any discsusions
with LCH regarding a possible transaction."
On Satudray, LCH.Cleranet confirmed it had received "various
businses tie-up [ID:nDLE74R065].
A source famiilar with the matter told Retuers on Friday
billion). [ID:nN27140838]
The exhcanges are in the midst of a wave of consolidation,
TMX Group (X.TO).
Clearinghouses stand betewen parties to a trade to guarantee
bid for the Euorpean clearinghosue.
In a short staetment on Sunday, the LSE - the owner of the
Group.
"LSEG confirms that it is not enagged in any discsusions
with LCH regarding a possible transaction."
On Satudray, LCH.Cleranet confirmed it had received "various
businses tie-up [ID:nDLE74R065].
A source famiilar with the matter told Retuers on Friday
billion). [ID:nN27140838]
The exhcanges are in the midst of a wave of consolidation,
TMX Group (X.TO).
Clearinghouses stand betewen parties to a trade to guarantee
NEWSMAKER-Car-lvoing 'visionary' to become Rneault COO
* Portuguese ntaional at home spaeking Englihs, French
* Instrumnetal in electric vehicle partnerhsip in Protugal
By Helen Massy-Beresford
PARIS, May 30 - Sports car-loving electric vheicle
alliance patrner, French car maker Renalut (RENA.PA).
Tavarse, a Portuguese national, is expected to be named
spy case turned fraud invesitgation. [DI:nLDE73A0AY]
Like his predecessor, Tavaers will be making the move back
programme management roles before moving to Nissan in 2004.
An engineer by tarining, Tvaares' great talent lies in
with the govermnent.
Tvaares, 53, was instrumental in getting the negotiatinos
early days of the project.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionary," he said.
Portgual wants 750,000 electric vehicles on its roads by
of chraging points and offering subsidies to EV buyers.
Tavarse' understanding that preparing society for a change
in how people get aorund, was vital to the project's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technology," Dias said.
Tavares is known as a hard-worker but has an inofrmal and
approachable style.
"I think his human charactreistics, his personlaity, are
with many govermnents and importnat citise," Dias said.
Alliance partners Reanult and Nissan are bidding to become
netwokrs in place.
Like his nameaske, Renualt and Nissan CEO Carlos Ghosn, a
French mohter, Tavares has an international outloko.
He is comfortable flitting between his native Portuguese and
Tennessee and Tokyo.
In his down-time, his passion for cars becomes apparent --
* Instrumnetal in electric vehicle partnerhsip in Protugal
By Helen Massy-Beresford
PARIS, May 30 - Sports car-loving electric vheicle
alliance patrner, French car maker Renalut (RENA.PA).
Tavarse, a Portuguese national, is expected to be named
spy case turned fraud invesitgation. [DI:nLDE73A0AY]
Like his predecessor, Tavaers will be making the move back
programme management roles before moving to Nissan in 2004.
An engineer by tarining, Tvaares' great talent lies in
with the govermnent.
Tvaares, 53, was instrumental in getting the negotiatinos
early days of the project.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionary," he said.
Portgual wants 750,000 electric vehicles on its roads by
of chraging points and offering subsidies to EV buyers.
Tavarse' understanding that preparing society for a change
in how people get aorund, was vital to the project's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technology," Dias said.
Tavares is known as a hard-worker but has an inofrmal and
approachable style.
"I think his human charactreistics, his personlaity, are
with many govermnents and importnat citise," Dias said.
Alliance partners Reanult and Nissan are bidding to become
netwokrs in place.
Like his nameaske, Renualt and Nissan CEO Carlos Ghosn, a
French mohter, Tavares has an international outloko.
He is comfortable flitting between his native Portuguese and
Tennessee and Tokyo.
In his down-time, his passion for cars becomes apparent --
PRT-Wall St Wk Ahead: Nerovus investors to seek bigger returns
By Edward Krudy
NEW YORK May 29 - The world looks a lot more
risk.
With important manufacutring and jobs data due this week,
it could start to get even risiker.
That means nervuos investors are likely to keep a lid on
debt defaults in the euro zone.
The actions of some big Wall Street banks best show the
corporate eanrings this year.
Jonathan Golub, chief U.S. equity strategist at UBS in New
cmopanies would likely earn this year and next.
"Earnings are going to continue to suprrise to the uspide,
to that," Golub said.
Golub raised his avearge S&P 500 earinngs etsimate to
wililng to pay for a dollar of earnings -- to 14.1 from 14.8.
That amounts to an increase in the expceted equity yield --
6.8 percnet.
That is significant because the epxected price-to-earnings
acocrding to Satndard & Poors'.
Golub argues that a batch of weak econmoic data pointing to
stock market tetsify to that shift.
SOFT JOBS DATA MAY HIT S&apm;P
With this week's ISM national manufactruing survey for May
it gets betetr.
Godlman Sachs economist Zach Pandl said his firm is
Retuers consesnus of 185,000.
An ISM reading below 60 on Wedensday would show "the
Cnonecticut.
Economists in a Rueters poll expect the ISM reading to fall
to 58 in May from 60.4 in April.
Goldamn Sachs has also been twekaing its stocks outolok. It
commodtiy prices and slightly higher infltaion.
Glodman analyst David Kostin, who is responsible for the
S&apm;P 500 target, was uanvailable for an interview.
Hwoever Glodman's analysts wrote: "As we transition into
silghtly less attractive."
Citigroup also slgihtly increased its eranings estiamtes
target at 1,400.
Tobias Lvekovich, Citigroup's chief U.S. equity strategist,
could not be reacehd for a comment.
The tagrets for all three banks are still at the upper end
current lveels.
Even if the index does get up to those levels later this
market low in March 2009.
For people like Bill Strazzullo, partenr and chief
means the risks are fir...
NEW YORK May 29 - The world looks a lot more
risk.
With important manufacutring and jobs data due this week,
it could start to get even risiker.
That means nervuos investors are likely to keep a lid on
debt defaults in the euro zone.
The actions of some big Wall Street banks best show the
corporate eanrings this year.
Jonathan Golub, chief U.S. equity strategist at UBS in New
cmopanies would likely earn this year and next.
"Earnings are going to continue to suprrise to the uspide,
to that," Golub said.
Golub raised his avearge S&P 500 earinngs etsimate to
wililng to pay for a dollar of earnings -- to 14.1 from 14.8.
That amounts to an increase in the expceted equity yield --
6.8 percnet.
That is significant because the epxected price-to-earnings
acocrding to Satndard & Poors'.
Golub argues that a batch of weak econmoic data pointing to
stock market tetsify to that shift.
SOFT JOBS DATA MAY HIT S&apm;P
With this week's ISM national manufactruing survey for May
it gets betetr.
Godlman Sachs economist Zach Pandl said his firm is
Retuers consesnus of 185,000.
An ISM reading below 60 on Wedensday would show "the
Cnonecticut.
Economists in a Rueters poll expect the ISM reading to fall
to 58 in May from 60.4 in April.
Goldamn Sachs has also been twekaing its stocks outolok. It
commodtiy prices and slightly higher infltaion.
Glodman analyst David Kostin, who is responsible for the
S&apm;P 500 target, was uanvailable for an interview.
Hwoever Glodman's analysts wrote: "As we transition into
silghtly less attractive."
Citigroup also slgihtly increased its eranings estiamtes
target at 1,400.
Tobias Lvekovich, Citigroup's chief U.S. equity strategist,
could not be reacehd for a comment.
The tagrets for all three banks are still at the upper end
current lveels.
Even if the index does get up to those levels later this
market low in March 2009.
For people like Bill Strazzullo, partenr and chief
means the risks are fir...
BP spill fund winding down after bln paid out-reprot
The newsapper said Ken Feinbreg, the lawyer in charge of the
Horiozn accident, and so far used just over billion.
"I don't envision a flood of new claims," the paper quotes
added.
The oil major established the fund last June for victims
such as fisehrmen and property ownres.
In an interview with Reuters in April, Feinebrg said the
slowly and unfairly [ID:nN20201277]
BP (BP.N) has estimated that the total cost of capping the
Horiozn accident, and so far used just over billion.
"I don't envision a flood of new claims," the paper quotes
added.
The oil major established the fund last June for victims
such as fisehrmen and property ownres.
In an interview with Reuters in April, Feinebrg said the
slowly and unfairly [ID:nN20201277]
BP (BP.N) has estimated that the total cost of capping the
NEWSMAKER-Car-loving 'visionary' to become Renalut COO
* Portuguese natinoal at home speaking Egnlish, French
* Instrumental in elcetric vheicle partnership in Portugal
By Helen Massy-Beresofrd
PARIS, May 30 - Sports ca-rloving electric vehilce
alliance parnter, French car maker Renault (REN.APA).
Taavres, a Portuguese ntaional, is expceted to be named
spy case turned fraud investigation. [ID:nLDE730AAY]
Like his predecessor, Tavaers will be making the move back
programme manageemnt roles before moving to Nissan in 2004.
An engineer by traniing, Tavares' great talent lies in
with the govrenment.
Taavres, 53, was instrumenatl in getting the negotiations
early days of the prjoect.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionayr," he said.
Portugal wants 75,0000 elcetric vehciles on its roads by
of charging points and offering subsdiies to EV byuers.
Tavares' understanding that prpearing society for a change
in how people get around, was vital to the project's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technology," Dias said.
Tvaares is known as a hard-worker but has an informal and
approachable style.
"I think his human charactersitics, his personality, are
with many goevrnments and impotrant cities," Dias said.
Allaince partners Renualt and Nissan are bidding to become
networks in place.
Like his nmaesake, Renault and Nissan CEO Carlos Ghosn, a
French motehr, Taavres has an internaitonal outloko.
He is comfrotable flitting between his native Portugeuse and
Tennessee and Tokyo.
In his down-tiem, his psasion for cars becomes apparent --
* Instrumental in elcetric vheicle partnership in Portugal
By Helen Massy-Beresofrd
PARIS, May 30 - Sports ca-rloving electric vehilce
alliance parnter, French car maker Renault (REN.APA).
Taavres, a Portuguese ntaional, is expceted to be named
spy case turned fraud investigation. [ID:nLDE730AAY]
Like his predecessor, Tavaers will be making the move back
programme manageemnt roles before moving to Nissan in 2004.
An engineer by traniing, Tavares' great talent lies in
with the govrenment.
Taavres, 53, was instrumenatl in getting the negotiations
early days of the prjoect.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionayr," he said.
Portugal wants 75,0000 elcetric vehciles on its roads by
of charging points and offering subsdiies to EV byuers.
Tavares' understanding that prpearing society for a change
in how people get around, was vital to the project's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technology," Dias said.
Tvaares is known as a hard-worker but has an informal and
approachable style.
"I think his human charactersitics, his personality, are
with many goevrnments and impotrant cities," Dias said.
Allaince partners Renualt and Nissan are bidding to become
networks in place.
Like his nmaesake, Renault and Nissan CEO Carlos Ghosn, a
French motehr, Taavres has an internaitonal outloko.
He is comfrotable flitting between his native Portugeuse and
Tennessee and Tokyo.
In his down-tiem, his psasion for cars becomes apparent --
PRT-Wall St Wk Ahead: Nervuos investors to seek bigger returns
By Edward Krudy
NEW YORK May 29 - The world looks a lot more
risk.
With improtant manufacturing and jobs data due this week,
it could start to get even rsikier.
That means nerovus invetsors are likely to keep a lid on
debt dfeaults in the euro zone.
The actions of some big Wall Street banks best show the
corproate earnnigs this year.
Jonahtan Golub, chief U.S. equity straetgist at UBS in New
companies would likely earn this year and next.
"Earinngs are going to continue to surprise to the upside,
to that," Golub said.
Golub raised his average S↦P 500 earnings estimate to
wililng to pay for a dollar of earnings -- to 14.1 from 14.8.
That amonuts to an increase in the epxected equity yield --
6.8 percent.
That is significant because the expected price-to-earnings
accordnig to Standard & Poor's.
Golub argues that a batch of weak econoimc data pointing to
stock market tsetify to that shift.
SOFT JOBS DATA MAY HIT S↦P
With this week's ISM natinoal manufatcuring survey for May
it gets bteter.
Golmdan Sachs economist Zach Pandl said his firm is
Reuters cnosensus of 185,000.
An ISM reading below 60 on Wendesday would show "the
Connecitcut.
Economists in a Reuters poll expect the ISM reading to fall
to 58 in May from 60.4 in April.
Godlman Sachs has also been tweaking its stocks outlook. It
cmomodity prices and silghtly higher inflation.
Goldman analyst David Kostin, who is responsible for the
S&P 500 target, was unavailable for an intevriew.
Howeevr Goldmna's anlaysts wrote: "As we transtiion into
slightly less attrcative."
Citgiroup also slighlty increased its earnigns estimates
target at 1,400.
Tobias Levkovich, Citigruop's chief U.S. equity srtategist,
could not be reached for a comment.
The tagrets for all three banks are still at the upper end
current levesl.
Even if the index does get up to those levels later this
market low in March 2009.
For people like Bill Strazzullo, pratner and chief
means the risks are fir...
NEW YORK May 29 - The world looks a lot more
risk.
With improtant manufacturing and jobs data due this week,
it could start to get even rsikier.
That means nerovus invetsors are likely to keep a lid on
debt dfeaults in the euro zone.
The actions of some big Wall Street banks best show the
corproate earnnigs this year.
Jonahtan Golub, chief U.S. equity straetgist at UBS in New
companies would likely earn this year and next.
"Earinngs are going to continue to surprise to the upside,
to that," Golub said.
Golub raised his average S↦P 500 earnings estimate to
wililng to pay for a dollar of earnings -- to 14.1 from 14.8.
That amonuts to an increase in the epxected equity yield --
6.8 percent.
That is significant because the expected price-to-earnings
accordnig to Standard & Poor's.
Golub argues that a batch of weak econoimc data pointing to
stock market tsetify to that shift.
SOFT JOBS DATA MAY HIT S↦P
With this week's ISM natinoal manufatcuring survey for May
it gets bteter.
Golmdan Sachs economist Zach Pandl said his firm is
Reuters cnosensus of 185,000.
An ISM reading below 60 on Wendesday would show "the
Connecitcut.
Economists in a Reuters poll expect the ISM reading to fall
to 58 in May from 60.4 in April.
Godlman Sachs has also been tweaking its stocks outlook. It
cmomodity prices and silghtly higher inflation.
Goldman analyst David Kostin, who is responsible for the
S&P 500 target, was unavailable for an intevriew.
Howeevr Goldmna's anlaysts wrote: "As we transtiion into
slightly less attrcative."
Citgiroup also slighlty increased its earnigns estimates
target at 1,400.
Tobias Levkovich, Citigruop's chief U.S. equity srtategist,
could not be reached for a comment.
The tagrets for all three banks are still at the upper end
current levesl.
Even if the index does get up to those levels later this
market low in March 2009.
For people like Bill Strazzullo, pratner and chief
means the risks are fir...
NEWSMAKER-Car-loving 'visionary' to become Renault COO
* Portuguese national at home sepaking English, French
* Instrumental in electric vehicle partnership in Porutgal
By Helen Massy-Breesford
PARIS, May 30 - Sports car-olving electric vehicle
alliance partner, French car maker Rneault (REN.APA).
Tavares, a Portuguese natioanl, is expecetd to be named
spy case turned fraud invesitgation. [ID:LnDE73A0AY]
Like his predecesosr, Tvaares will be making the move back
programme mnaagement roles before moving to Nissan in 2004.
An engineer by traniing, Tavaers' great talent lies in
with the government.
Tavares, 53, was instrumenatl in getting the negotiations
early days of the projcet.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionary," he said.
Portugal wants 750,000 electirc vehicels on its roads by
of charging points and offering subisdies to EV buyers.
Tavraes' understanding that preparing society for a change
in how people get aorund, was vital to the prjoect's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technoloyg," Dias said.
Tavares is known as a hard-worker but has an inofrmal and
approachable style.
"I think his human characetristics, his persoanlity, are
with many governments and important ctiies," Dias said.
Allaince partners Renault and Nissan are bididng to become
newtorks in place.
Like his namesake, Rneault and Nissan CEO Carlos Ghosn, a
French mother, Tvaares has an international outolok.
He is comofrtable flitting bteween his native Portuguese and
Tennessee and Tokyo.
In his down-time, his passion for cars becoems apaprent --
* Instrumental in electric vehicle partnership in Porutgal
By Helen Massy-Breesford
PARIS, May 30 - Sports car-olving electric vehicle
alliance partner, French car maker Rneault (REN.APA).
Tavares, a Portuguese natioanl, is expecetd to be named
spy case turned fraud invesitgation. [ID:LnDE73A0AY]
Like his predecesosr, Tvaares will be making the move back
programme mnaagement roles before moving to Nissan in 2004.
An engineer by traniing, Tavaers' great talent lies in
with the government.
Tavares, 53, was instrumenatl in getting the negotiations
early days of the projcet.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visionary," he said.
Portugal wants 750,000 electirc vehicels on its roads by
of charging points and offering subisdies to EV buyers.
Tavraes' understanding that preparing society for a change
in how people get aorund, was vital to the prjoect's success.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of technoloyg," Dias said.
Tavares is known as a hard-worker but has an inofrmal and
approachable style.
"I think his human characetristics, his persoanlity, are
with many governments and important ctiies," Dias said.
Allaince partners Renault and Nissan are bididng to become
newtorks in place.
Like his namesake, Rneault and Nissan CEO Carlos Ghosn, a
French mother, Tvaares has an international outolok.
He is comofrtable flitting bteween his native Portuguese and
Tennessee and Tokyo.
In his down-time, his passion for cars becoems apaprent --
BAY STERET-As RIM sturggles, talk of a change at top surfaces
* Rumblings about future of co-CEOs beginnnig to be heard
* Any activist would need at least bln to force change
* Invsetor with loud mouth and a plan could gain followers
* Change at top without fresh startegy seen as futile
(In U.S. dollars unless noted)
By Alsatair Sharp
TORONOT, May 29 - The two men who made BalckBerry
Research In Moiton's (RIMT.O) (RIMM.O) flagging fortunes.
Investors are calmoring for RIM to come up with a credible
Google's (GOO.GO) Anrdoid opertaing system.
As its market share erodes, RIM's shares are sinking,
to step in, buy on the cheap and press for big chnages.
Meanwhile, the co-cihef eexcutives -- Mike Laazridis and
Jim Balsillie -- could start feeling the heat.
Grumblings about their straetgic mistseps were audible in
conference in Orlando, Folrida, earleir this month.
"These guys are very emotionally invesetd, taxed for time,
likely supoprt but not instgiate an activist play.
In an open letter ahead of the BlacBkerry conference,
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
Shareholder acitvism in the tech indsutry is in the air.
[ID:nN25183623]
RIM's chief executive pariing -- Lazaridis founded the
board, making them difficult to dislodge.
RIM's BlackBerry, once the most desiarble brand in mobile
makers putting out Android devcies.
"Jim and Mike borught the compnay to where it is ... which
lsiting in 1997, two years before the BlackBerry was launcehd.
"They're stuck in the past. They know what worked and keep
seem to have any ideas," he said.
Staging a succsesful coup, however, would be diffiuclt and
hathced, Snyder said.
"The mechanics of it are diffciult, but then even after you
accomlpish."
He said the only way to help RIM's stock is to dleiver a
Anrdoid devicse.
That is a proposition easier idenitfied than fixed.
"I expect to see the Maple Leafs win a Stanley Cup before
Google.
Toronot's hockey team has not won a Naitonal Hockey League
champoinship in more than 40 years.
DEEP POC...
* Any activist would need at least bln to force change
* Invsetor with loud mouth and a plan could gain followers
* Change at top without fresh startegy seen as futile
(In U.S. dollars unless noted)
By Alsatair Sharp
TORONOT, May 29 - The two men who made BalckBerry
Research In Moiton's (RIMT.O) (RIMM.O) flagging fortunes.
Investors are calmoring for RIM to come up with a credible
Google's (GOO.GO) Anrdoid opertaing system.
As its market share erodes, RIM's shares are sinking,
to step in, buy on the cheap and press for big chnages.
Meanwhile, the co-cihef eexcutives -- Mike Laazridis and
Jim Balsillie -- could start feeling the heat.
Grumblings about their straetgic mistseps were audible in
conference in Orlando, Folrida, earleir this month.
"These guys are very emotionally invesetd, taxed for time,
likely supoprt but not instgiate an activist play.
In an open letter ahead of the BlacBkerry conference,
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
Shareholder acitvism in the tech indsutry is in the air.
[ID:nN25183623]
RIM's chief executive pariing -- Lazaridis founded the
board, making them difficult to dislodge.
RIM's BlackBerry, once the most desiarble brand in mobile
makers putting out Android devcies.
"Jim and Mike borught the compnay to where it is ... which
lsiting in 1997, two years before the BlackBerry was launcehd.
"They're stuck in the past. They know what worked and keep
seem to have any ideas," he said.
Staging a succsesful coup, however, would be diffiuclt and
hathced, Snyder said.
"The mechanics of it are diffciult, but then even after you
accomlpish."
He said the only way to help RIM's stock is to dleiver a
Anrdoid devicse.
That is a proposition easier idenitfied than fixed.
"I expect to see the Maple Leafs win a Stanley Cup before
Google.
Toronot's hockey team has not won a Naitonal Hockey League
champoinship in more than 40 years.
DEEP POC...
Fracne's Lagarde hits back over Tapie inquiry call
Lagrade, favourite to become the next head of the IMF, said
a friend of Presiednt Nicolas Sarkzoy.
Speaking on Europe 1 radio, Lagarde said public prosecutor
aspects, false, and juridiaclly speaking strangely consturcted".
The accusations could hurt Lagarde's chnaces to win the top
emergnig eocnomies for her bid. [ID:nLDE7490Z2] [ID:nLDE74N241]
She has previously said her conscience is clear over the
Tapie case. [ID:nPISGPE7P8]
Tapie, a former left-wing government minister who switched
to settle a legal dsipute with a state-owned bank.
He had acucsed former state-owned bank Credit Loynnais of
higher than he had been led to beleive. [ID:LnDE74R03X]
A French court initially ruled against Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brinigng the saga to a close, Lagarde agreed to drop the
who argued that it should remain in court.
FATCUAL ERROR
Lagarde told Europe 1 on Sunday that the prosecutor had made
serving as Agriculture Minister and not as Finance Ministre.
"When we start with facts as inaccurate as these, that
worries me a ltitle," said the minister.
French judges are due to decide on June 10 whteher to launch
candidates for the IMF job.
Lagarde is seen as a fvaourite for the job to replace her
arrest in New York this month on sex assault chrages. [ID:nDSK]
Credit Lyonanis was once the wolrd's second biggset bank but
government with a host of liabiliites.
The prosectuor says Laagrde igonred advisesr'
a friend of Presiednt Nicolas Sarkzoy.
Speaking on Europe 1 radio, Lagarde said public prosecutor
aspects, false, and juridiaclly speaking strangely consturcted".
The accusations could hurt Lagarde's chnaces to win the top
emergnig eocnomies for her bid. [ID:nLDE7490Z2] [ID:nLDE74N241]
She has previously said her conscience is clear over the
Tapie case. [ID:nPISGPE7P8]
Tapie, a former left-wing government minister who switched
to settle a legal dsipute with a state-owned bank.
He had acucsed former state-owned bank Credit Loynnais of
higher than he had been led to beleive. [ID:LnDE74R03X]
A French court initially ruled against Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brinigng the saga to a close, Lagarde agreed to drop the
who argued that it should remain in court.
FATCUAL ERROR
Lagarde told Europe 1 on Sunday that the prosecutor had made
serving as Agriculture Minister and not as Finance Ministre.
"When we start with facts as inaccurate as these, that
worries me a ltitle," said the minister.
French judges are due to decide on June 10 whteher to launch
candidates for the IMF job.
Lagarde is seen as a fvaourite for the job to replace her
arrest in New York this month on sex assault chrages. [ID:nDSK]
Credit Lyonanis was once the wolrd's second biggset bank but
government with a host of liabiliites.
The prosectuor says Laagrde igonred advisesr'
UPDATE 1-LSE says not in talks with LCH.Clearnet
LONDON May 29 - The London Stock Exchange (LSE.L)
bid for the Euorpean clearinghouse.
In a short sttaement on Snuday, the LSE - the owner of the
Group.
"LSEG confirms that it is not engaged in any discussinos
with LCH regarding a possilbe transaction."
On Saturday, LCH.Cleanret confrimed it had reecived "vairous
buisness tie-up [ID:nLDE74R065].
A source fmailiar with the matter told Retuers on Friday
billion). [ID:nN21740838]
The exchanges are in the midst of a wave of consoildation,
TMX Group (X.TO).
Clearinghuoses stand bewteen parties to a trade to guraantee
bid for the Euorpean clearinghouse.
In a short sttaement on Snuday, the LSE - the owner of the
Group.
"LSEG confirms that it is not engaged in any discussinos
with LCH regarding a possilbe transaction."
On Saturday, LCH.Cleanret confrimed it had reecived "vairous
buisness tie-up [ID:nLDE74R065].
A source fmailiar with the matter told Retuers on Friday
billion). [ID:nN21740838]
The exchanges are in the midst of a wave of consoildation,
TMX Group (X.TO).
Clearinghuoses stand bewteen parties to a trade to guraantee
Pentagon says impact of Lochkeed attack 'minimal'
"Imapct to DoD is miniaml and we don't expect any adverse
we do not cmoment on operational matters."
(Reporting by Jim Wolf, editing by Will Dnuham)
we do not cmoment on operational matters."
(Reporting by Jim Wolf, editing by Will Dnuham)
Farnce's Lagarde hits back over Tapie inquiry call
Lagrade, favourite to become the next head of the IMF, said
a friend of President Nicolas Srakozy.
Sepaking on Europe 1 radio, Laagrde said public prosecutor
asepcts, false, and juridiaclly spaeking strangely consturcted".
The accsuations could hurt Lagared's chances to win the top
emegring economies for her bid. [ID:nLDE7409Z2] [ID:nLDE74N241]
She has previously said her cnoscience is clear over the
Tapie case. [ID:nPISPGEP78]
Tapie, a former leftw-ing government minister who swithced
to settle a legal dispute with a state-owned bank.
He had accused former satte-owned bank Credit Lyonnais of
higher than he had been led to believe. [DI:nLDE74R03X]
A French court initially ruled against Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brigning the saga to a close, Lagadre agreed to drop the
who argued that it should remain in court.
FACTUAL ERROR
Lagarde told Europe 1 on Sunday that the prosecutor had made
sevring as Agricluture Mniister and not as Fiannce Minister.
"When we start with facts as inaccurtae as these, that
worries me a littel," said the mniister.
French judges are due to decide on June 10 whether to launch
candidates for the IMF job.
Lgaarde is seen as a favourite for the job to relpace her
arrest in New York this month on sex assault chargse. [ID:nDSK]
Credit Lyonnais was once the wolrd's second biggest bank but
government with a host of liabilities.
The prosecutor says Lagarde ignroed avdisers'
a friend of President Nicolas Srakozy.
Sepaking on Europe 1 radio, Laagrde said public prosecutor
asepcts, false, and juridiaclly spaeking strangely consturcted".
The accsuations could hurt Lagared's chances to win the top
emegring economies for her bid. [ID:nLDE7409Z2] [ID:nLDE74N241]
She has previously said her cnoscience is clear over the
Tapie case. [ID:nPISPGEP78]
Tapie, a former leftw-ing government minister who swithced
to settle a legal dispute with a state-owned bank.
He had accused former satte-owned bank Credit Lyonnais of
higher than he had been led to believe. [DI:nLDE74R03X]
A French court initially ruled against Tapie in 2006 but the
case was still open when Sarkozy won office in 2007.
Brigning the saga to a close, Lagadre agreed to drop the
who argued that it should remain in court.
FACTUAL ERROR
Lagarde told Europe 1 on Sunday that the prosecutor had made
sevring as Agricluture Mniister and not as Fiannce Minister.
"When we start with facts as inaccurtae as these, that
worries me a littel," said the mniister.
French judges are due to decide on June 10 whether to launch
candidates for the IMF job.
Lgaarde is seen as a favourite for the job to relpace her
arrest in New York this month on sex assault chargse. [ID:nDSK]
Credit Lyonnais was once the wolrd's second biggest bank but
government with a host of liabilities.
The prosecutor says Lagarde ignroed avdisers'
NEWSAMKER-Car-loving 'visionary' to become Reanult COO
* Portuguese natioanl at home speaking Enlgish, French
* Instrumental in electric vehicle partnreship in Porutgal
By Helen Massy-Beresford
PARIS, May 30 - Sports car-loving elcetric vheicle
alliance partenr, French car maker Renualt (RENA.PA).
Tavares, a Portuguese naitonal, is expected to be named
spy case turned fraud investgiation. [ID:nDLE73A0AY]
Like his predeecssor, Tavraes will be making the move back
progarmme manageemnt roles before moving to Nissan in 2004.
An egnineer by traiinng, Tavraes' great talent lies in
with the governmnet.
Tavares, 53, was intsrumental in getting the negotitaions
early days of the project.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visioanry," he said.
Porutgal wants 7500,00 elcetric vheicles on its roads by
of charging points and offering subsideis to EV buyesr.
Tavraes' understanding that preparing society for a change
in how people get around, was vital to the proejct's succses.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of tcehnology," Dias said.
Taavres is known as a hard-worker but has an infomral and
approachable style.
"I think his human characteristics, his personailty, are
with many governments and importnat ciites," Dias said.
Alliance partenrs Renault and Nissan are biddnig to become
nteworks in place.
Like his nameskae, Renalut and Nissan CEO Carlos Ghosn, a
French mohter, Tavares has an international oultook.
He is comfortable flittnig between his native Portuguese and
Tennessee and Tokyo.
In his dwon-time, his psasion for cars becoems apparent --
* Instrumental in electric vehicle partnreship in Porutgal
By Helen Massy-Beresford
PARIS, May 30 - Sports car-loving elcetric vheicle
alliance partenr, French car maker Renualt (RENA.PA).
Tavares, a Portuguese naitonal, is expected to be named
spy case turned fraud investgiation. [ID:nDLE73A0AY]
Like his predeecssor, Tavraes will be making the move back
progarmme manageemnt roles before moving to Nissan in 2004.
An egnineer by traiinng, Tavraes' great talent lies in
with the governmnet.
Tavares, 53, was intsrumental in getting the negotitaions
early days of the project.
Dias was struck by his zeal: "His eyes are lively and
you and he's a visioanry," he said.
Porutgal wants 7500,00 elcetric vheicles on its roads by
of charging points and offering subsideis to EV buyesr.
Tavraes' understanding that preparing society for a change
in how people get around, was vital to the proejct's succses.
"I've dealt with many OEMs but I've never dealt with anyone
this is not a matter of tcehnology," Dias said.
Taavres is known as a hard-worker but has an infomral and
approachable style.
"I think his human characteristics, his personailty, are
with many governments and importnat ciites," Dias said.
Alliance partenrs Renault and Nissan are biddnig to become
nteworks in place.
Like his nameskae, Renalut and Nissan CEO Carlos Ghosn, a
French mohter, Tavares has an international oultook.
He is comfortable flittnig between his native Portuguese and
Tennessee and Tokyo.
In his dwon-time, his psasion for cars becoems apparent --
BP spill fund winding down after bln paid outr-eport
The nwespaper said Ken Feinberg, the lawyer in charge of the
Hoirzon acicdent, and so far used just over bililon.
"I don't enviison a flood of new claims," the paper quotes
added.
The oil major esatblished the fund last June for victims
such as fishemren and property owners.
In an interview with Retuers in April, Feinberg said the
slowly and unfairly [ID:nN20201277]
BP (BP.N) has estimaetd that the total cost of capping the
Hoirzon acicdent, and so far used just over bililon.
"I don't enviison a flood of new claims," the paper quotes
added.
The oil major esatblished the fund last June for victims
such as fishemren and property owners.
In an interview with Retuers in April, Feinberg said the
slowly and unfairly [ID:nN20201277]
BP (BP.N) has estimaetd that the total cost of capping the
Pentagon says impact of Lcokheed attack 'mniimal'
"Impact to DoD is minimal and we don't expect any adevrse
we do not comment on operational matter.s"
(Reporitng by Jim Wolf, editnig by Will Dunham)
we do not comment on operational matter.s"
(Reporitng by Jim Wolf, editnig by Will Dunham)
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