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Deutsche Telekom aims to expand international ops - CEO

FRANKFURT (Thomson Financial) - Deutsche Telekom AG want to expand its international business, chief executive Rene Obermann said in a post-earnings press conference.

Fujitsu says results of GFI bid announced Aug 14 onwards

LONDON (Thomson Financial) - Fujitsu said the results of its takeover bid for France’s GFI Informatique will be announced from August 14 after French market regulator AMF reports the outcome.

Tokyo shares close higher on Wall Street rally, softer yen - UPDATE

TOKYO (Thomson Financial) - Tokyo share prices closed higher Thursday after another rally on Wall Street eased concerns about the US credit market, while a retreat of the yen helped some exporters.

Aviva H1 profit down 8 pct UPDATE

LONDON (Thomson Financial) - Insurer Aviva PLC reported an 8 pct decline in first half profit, blaming a surge in insurance claims as a result of heavy floods that struck parts of the UK in June.

Orkla pledges market leadership for integrated Sapa/Alcoa aluminium business

OSLO (Thomson Financial) - Orkla said it feels a are sponsibility’ for targeting market leadership for its newly constituted Sapa AB soft alloy aluminium division.

Tesco extends offer for Dobbies Garden Centres to August 19 UPDATE

LONDON (Thomson Financial) - Tesco PLC said it has extended its 15.00 stg a share agreed offer for Dobbies Garden Centres PLC to August 19 after claiming the support of shareholders representing just 32.6 pct of the group’s equity at yesterday’s second deadline.

Alstom sole bidder for Algerian power plants; client wants to lower price

PARIS (Thomson Financial) - Alstom was the sole bidder for a contract to build two power stations in Algeria for state-owned utilities Sonelgaz and Sonatrach, but Sonelgaz said it wants Alstom to lower its 3.7 bln usd price tag.

London shares open lower, recouping some of yesterday’s gains; earnings news key

LONDON (Thomson Financial) - Leading shares opened lower, recouping some of yesterday’s gains, with BAE Systems rising early on in a big day of earnings news, after Wall Street closed sharply higher yesterday on robust technology results.

KPN ups stake in Getronics to 21.23 pct - AFM

AMSTERDAM (Thomson Financial) - Royal KPN NV has increased its stake in takeover target Getronics NV to 21.23 pct from 19.32 pct, according to filings with the Dutch financial markets regulator AFM.

Neuf Cegetel H1 up 10.9 pct, in line, guidance maintained - UPDATE

PARIS (Thomson Financial) - Alternative telecoms group Neuf Cegetel said first half sales rose 10.9 pct to 1.57 bln eur, in line with analyst expectations.