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  • ATHENS—Greece's state-owned electric utility, Public Power Corp. SA, Monday began limited power cuts to selected towns across Greece as a strike by workers forced nearly a third of the company's generating capacity offline.

    Strike Forces Power Cuts in Greece

  • MADRID—The Spanish government said Monday that it selected Royal Bank of Scotland PLC to coordinate the privatization of the country's airports, in the latest step to shed state-owned assets and cut spending to narrow Spain's hefty budget gap.

    Spain Hires RBS to Privatize Airports

  • Spain hired RBS to coordinate the privatization of its airports in the government's latest effort to shed state-owned assets.

    What's News

  • Mr. Rozanov thinks this will be difficult, but he too feels that India will be left with six operators--five private and one state-owned.

    Interview: Sistema Shyam Keen to Acquire or Merge in India

  • This is part of the government's plan to raise 400 billion rupees in the current financial year which started April 1 by selling shares in state-owned companies to raise funds for social welfare and infrastructure projects.

    ONGC May Launch Share Sale by Mid-July

  • Under that plan, Greece wants to reduce the state's holdings in PPC to 34% from 51% currently, and cut its stake in other state-owned enterprises.

    Strike Forces Power Cuts in Greece

  • In April, the ICB said it would likely recommend additional divestment at 41% state-owned Lloyds to encourage more competition in U.K. banking, as part of its mandate to come up with ways to make the sector safer and more competitive.

    Lloyds Shares Slide

  • Likewise, business leaders in state-owned enterprises and the private sector are on the move.

    Mark Tercek: China Offers Important Lessons on Greening the Economy

  • 'At least one journalist, Ahmed Mahmoud, who worked for a state-owned publication, has been killed during the demonstrations,' The BBC has stated.

    Bianca Jagger: The Fall of Mubarak

  • Sanford is accused of using tax money to purchase business-class airfare on domestic and international flights, flying on a state-owned aircraft to political gatherings or events "which involved no official business," and spending campaign funds for personal use such as purchasing a ticket to attend President Barack Obama's inauguration in January.

    South Carolina panel hits Sanford with 37 ethics charges


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