Zeltia sees Yondelis on sale by year-end

(Reuters) - "This is excellent news," Zeltia Chairman Jose Maria
Fernandez Sousa said in a statement.




"Under the expected timeframe, many European patients may
have access to Yondelis before the end of the year," added
Zeltia.


Read more at Reuters.com Government Filings News

Terra Firma extends offer for EMI until July 29

(Reuters) - Earlier this week two possible counterbidders, Warner Music Group and Jim Fifield, said they had withdrawn from the battle.




Read more at Reuters.com Mergers News

Accor, Bourbon, Fleury Michon and Klepierre: French Equity Preview

(Bloomberg) -- The following stocks may rise or
fall on the Paris stock exchange. Symbols are in parentheses
after company names. Prices are from the last close.

French stocks advanced, led by Cap Gemini SA and Groupe
Danone SA. Eramet SA surged after a report in Les Echos that
Areva SA may buy a 37 percent stake.


Read more at Bloomberg Stocks News

India's Satyam says FY08 margins to drop 125 bps

(Reuters) - Wage increases would impact margins by 350 basis points in
the July-September quarter, he said.




New York-listed Satyam , which specialises in
business software, reported a lower-than-expected 7 percent
rise in net profit for the fiscal first quarter ended June as a
stronger rupee dented margins. )


Read more at Reuters.com Market News

General Motors Narrows Sales Gap With Toyota on Higher Demand Outside U.S.

(Bloomberg) -- General Motors Corp. outsold Toyota
Motor Corp. in the second quarter, buoyed by sales in China and
Latin America, as it battles to maintain its 76-year reign as
the world's largest carmaker.

GM sold 2.405 million vehicles globally, compared with
Toyota's sales of 2.367 million, in the three months ended June
30, the carmakers said in separate statements. That cut Toyota's
lead in the first half to 42,000 vehicles from 88,000 in the
first quarter.


Read more at Bloomberg Currencies News

Hyundai Steel Workers Strike Over Pay at Two Plants; Production Disrupted

(Bloomberg) -- Hyundai Steel Co., South Korea's
second-largest steelmaker, said output was disrupted today at
two of its three local plants as unionized workers staged a
strike to demand higher pay.

The workers, asking for a rise of 8.2 percent, walked out
at the Incheon and Pohang mills, Chang Young Sik, a Hyundai
Steel spokesman, said by phone. Details of the disruption
weren't available. The company is offering 3.9 percent.


Read more at Bloomberg Commodities News

South Korea Orders Garuda, Six Other Airlines to Improve Safety Standards

(Bloomberg) -- South Korea's transportation
ministry said it would bar PT Garuda Indonesia and six other
overseas airlines from flying to the country if they didn't
raise safety standards.

State-owned Iran Air, Cambodia's PMTair and Royal Khmer
Airlines Co. were also ordered to make improvements, Lee Kwang
Hee, a director at South Korea's Aviation Safety Oversight
Division said today. Problems included shortages of spare parts
or engineers, as well as a lack of safety manuals, Lee said.


Read more at Bloomberg Emerging Markets News