Wednesday headlines: Ikea fund buys Timpuri Noi, Blue Air to open Self restaurants, state closer to re-become shareholder in Rompetrol

Romanian media

Idea of dropping flat tax bewilders political and business circles – in Ziarul Financiar Ikea investment fund buys Timpuri Noi factory land plot for EUR 35 million - in Ziarul Financiar Petrica Usurelu and Alinso sold 33 hectares to Texas-based Lufkin– in Ziarul Financiar EUR 68 million loss for CFR after first five months – in Ziarul Financiar Blue Air owner builds restaurant under the Self brand – in Ziarul Financiar Kazakhs want the state main shareholder again in Petromidia – in Ziarul Financiar Vehicle registration during a crisis: one Rolls Royce, 17 Ferraris and 9 Porsches – in Gandul Romanian state, closer to become shareholder in Rompetrol – in Adevarul See you in Bulgaria! Unstable taxation sends companies across the border – on Dailybusiness.ro Rompetrol Gas invested USD 11 million in a GPL bottling terminal in Bacau – on Dailybusiness.ro Romanian singer Madalina Manole dies at 43 – on Hotnews.ro

International media

UK’s BT pension liability may hit £22.8bn - in the Financial Times Record quarter for Intel lifts tech sector- in the Financial Times Bank teams rush to set up new funds- in the Financial Times Eurozone crisis fund expects top rating - in the Financial Times Yankees owner George Steinbrenner dies at 80 - on Reuters Apple shares slide as iPhone 4 concerns grow - on Reuters Arrow approves takeover by Shell-PetroChina- on Reuters Singapore Raises 2010 Growth Forecast After Strong 2nd Quarter- on New York Times