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FT.com - Europe homepage


Regulator calls for BAA airport sales
A damning report by the Competition Commission has called on BAA to sell two of its three London airports and one in Scotland in what will be a heavy blow to the airport operator's owner Ferrovial of Spain

US and Poland sign missile shield deal
The United States and Poland signed a deal to station elements of a US missile defence shield in Poland– in a move finalised after Moscow's intervention in Georgia – as Syrian president Bashar al-Assad visited Moscow seeking to acquire Russian cruise missiles

Sarkozy in Kabul after French troop deaths
President Nicolas Sarkozy said he had no regrets about sending 700 more troops to Afghanistan, after insurgents killed 10 French soldiers, the biggest single loss for foreign forces in combat since 2001

Ericsson and STMicro form mobile venture
Ericsson and STMicroelectronics announced the formation of a joint venture that will supply semiconductors and other technology to mobile phone manufacturers

UK tries to offload Typhoon fighters
Talks have been held with countries including Japan about offloading large numbers of Eurofighter Typhoons that the Ministry of Defence has ordered but can no longer afford

Virgin in talks to sell out of Nigeria
Virgin Atlantic is in talks to sell its 49 per cent stake in Virgin Nigeria following an increasingly acrimonious dispute with the Nigerian government over the location of the lossmaking west African carrier's domestic operations

Barclays sees potential in US
Barclays would consider buying a US wealth management company but is 'highly unlikely' to bid for an investment bank, even with the depressed share prices of many Wall Street firms, Bob Diamond, the bank's president, said on Tuesday

Freddie pays highest risk premium
The severity of the US mortgage crisis was underscored as Freddie Mac, one of two government-sponsored enterprises that underpin the US housing market, paid its highest risk premium to sell a $3bn (£1.6bn), five-year debt issue to investors

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