Tuesday headlines: Hilton renovation, KD Life closes down, K Tech Ultra Pro bankrupt, Apple shows new iPhone

Romanian news Copos closes down the Hilton brasserie, a Bucharest symbol – in Ziarul Financiar Real estate developers sell 7 apartments a month – in Ziarul Financiar Pressure grows over leu up to 4.24 on the market, while dollar rate grows to 5.33 lei – in Ziarul Financiar KD Life transfers its portfolio to Eureko and closes down – in Ziarul Financiar Private pension funds gain EUR 66 million – in Ziarul Financiar Draxlmaier fired 9,000 people in three years – in Ziarul Financiar K Tech Ultra Pro goes bankrupt and will be dissolved – in Ziarul Financiar Energy consumption increases – in Gandul Vladescu: If the economy stagnates or goes into light recession to -1 or -1.5, then these measures are enough – in Adevarul Mariana Gheorghe: OMV is interested to grow its participation in Petrom above the current 51% - on Dailybusiness.ro Blue Air cuts ticket prices by 25 percent – on Wall-street.ro International media Apple unveils fourth-generation iPhone - in the Financial Times Merkel spells out €80bn spending cuts - in the Financial Times Hungary plays down talk of fiscal crisis - in the Financial Times Europe misses out on airline recovery - in the Financial Times Wall Street slips to November low - in the Financial Times Bernanke says Europe committed to euro's survival - on Reuters Exclusive: Wells Fargo seeks growth from hires, banking - on Reuters Global hiring prospects improve -Manpower - on Reuters