Thursday headlines: No Ikea store at Timpuri Noi, mandatory home insurance, banking sector loss
Romanian media
Retailers realize consumption revival is not without massive price cuts – in Ziarul Financiar
IKEA converts Timpuri Noi into apartments, offices and retail space – in Ziarul Financiar
Eight million Romanians have to insure their homes – in Ziarul Financiar
Alcatel Lucent hires another 200 engineers in Timisoara – in Ziarul Financiar
Schaeffler expects 100m euros higher turnover for Brasov plant – in Ziarul Financiar
Erste: Romanians' disposable income will drop by 10 percent this year – in Adevarul
LG Electronics Romania turns to profit but drops turnover – on Dailybusiness.ro
BNR: Romanian banking system, EUR 50 mln loss after five months – on Hotnews.ro
International media
Ministers toughen stance on emissions - in the Financial Times
Fed cuts its 2010 growth forecast - in the Financial Times
German prosecutors raid Credit Suisse - in the Financial Times
US Airlines May Be Forced to Widen Fee Disclosure - in BusinessWeek
Earnings Preview: JPMorgan to report 2Q results - in BusinessWeek