Parmalat sues banks in bid to recoup billions
Parmalat has sued banks JPMorgan Chase and Unicredito Italiano for €4.4 billion for their roles in the sale of Parmalat bonds issued from 1997 through 2001.
Archives for August 9, 2005
EU subsidy cuts hurt Arla's butter exports
Dairy producer Arla Foods, which supplies butter to a number of bakeries, has sent out one of the first signals that the dairy sector is hurting from a reduction in EU agricultural export subsidies.