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  • Intel to challenge antitrust fine in EU court Apr 25, 2012 07:00 PM IST

    Intel to challenge antitrust fine in EU court

    US chipmaker Intel Corp will ask Europe's second-highest court in July to scrap a 1.06 billion euro EU antitrust fine, arguing regulators failed to prove it blocked a rival in their 2009 decision

  • Do EU organic rules for wine leave glass half empty? Apr 24, 2012 02:20 PM IST

    Do EU organic rules for wine leave glass half empty?

    Italian vintners who avoid chemicals are disappointed with the new EU rules for labelling wines organic, saying the long-awaited criteria are too "lax".

  • Apple denies involvement in e-book price fixing Apr 13, 2012 06:13 PM IST

    Apple denies involvement in e-book price fixing

    A report by Bloomberg now elaborates on Apples response to the earlier reports about they being sued by the ...

  • EU court to examine global copyright pact Apr 05, 2012 02:49 PM IST

    EU court to examine global copyright pact

    Europe's top court will determine whether a global trade agreement on copyright theft breaches citizens' fundamental rights including the freedom of expression, the European Commission said on Wednesday.

  • Europeans are world's heaviest drinkers - WHO report Mar 28, 2012 01:16 AM IST

    Europeans are world's heaviest drinkers - WHO report

    People in Europe drink more alcohol than in any other part of the world, downing the equivalent of 12.5 litres of pure alcohol a year or almost three glasses of wine a day, according to report by the World Health Organisation and the European Commission.

  • Euro zone debt crisis far from over - OECD Mar 27, 2012 03:26 PM IST

    Euro zone debt crisis far from over - OECD

    The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.

  • Greece needs to announce more austerity: EU/IMF Mar 13, 2012 07:22 PM IST

    Greece needs to announce more austerity: EU/IMF

    Greece will have to slash a further 5.5% of GDP in government spending in 2013 and 2014 to meet agreed fiscal targets underpinning the second international bailout for Athens.

  • Bailout can make Greek debt sustainable,but risks remain Mar 13, 2012 03:26 PM IST

    Bailout can make Greek debt sustainable,but risks remain

    The package of new financing, debt restructuring and reforms can put Greek debt on a sustainable path, but Athens will have to stick to good policies until 2030 to make it work, an updated debt sustainability analysis by international lenders showed.

  • Greece eyes 1bln euro stimulus from EIB: PM adviser Mar 10, 2012 05:00 PM IST

    Greece eyes 1bln euro stimulus from EIB: PM adviser

    Greece hopes to get 1 billion euros in financing from the European Investment Bank (EIB) this year as a stimulus for its ailing economy.

  • Out of intensive care, Europe risks chronic illness Mar 05, 2012 12:42 PM IST

    Out of intensive care, Europe risks chronic illness

    The euro zone is out of the emergency ward, but it may face a chronic debilitating illness rather than a rapid convalescence.

  • Apple approaches EU with Motorola Mobility woes Feb 21, 2012 03:38 PM IST

    Apple approaches EU with Motorola Mobility woes

    Fresh reports confirm that the dispute between Apple and Motorola Mobility over disputed patents have escalated ...

  • EU probes into Samsung's 3G license patent practices Feb 01, 2012 04:01 PM IST

    EU probes into Samsung's 3G license patent practices

    South Korean-based, Samsung Electronics has been off late, battling a host of patent infringement accusations ...

  • Euro implies environment of monetary stability: Greece PM Jan 16, 2012 09:47 PM IST

    Euro implies environment of monetary stability: Greece PM

    Speaking exclusively to CNBC's Michelle Caruso-Cabrera, Greece Prime Minister Lucas Papademos said negotiators are close to reaching a mutually acceptable agreement with private creditors.

  • Audit Makeover Worldover! Dec 03, 2011 09:49 AM IST

    Audit Makeover Worldover!

    From Lehman to Olympus, from mortgage bonds to sovereign debt - the global audit business is in the eye of a storm.

  • Google needs European Commission's clearance to buy Motorola Mobility Nov 29, 2011 05:19 PM IST

    Google needs European Commission's clearance to buy Motorola Mobility

    It was only recently that Google confirmed its interests in buying Motorola Mobility for a whopping $12.5 billion.

  • Facebook accused of leaking private user info to advertisers Nov 28, 2011 11:57 AM IST

    Facebook accused of leaking private user info to advertisers

    We‘ve seen it over and over again, Facebook and its infamous way of of handling user security. Last week, ...

  • IMF can no longer avoid bigger role in eurozone Nov 18, 2011 11:36 AM IST

    IMF can no longer avoid bigger role in eurozone

    The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.

  • EU Commission: we cannot allow the EU to fragment Nov 10, 2011 06:12 PM IST

    EU Commission: we cannot allow the EU to fragment

    Deeper euro zone integration is necessary to face the challenges of the sovereign debt crisis, but the process must not create any divisions in the euro zone or the wider European Union, said the European Commission.

  • EU Commission probes Samsung, Apple over patents Nov 04, 2011 07:52 PM IST

    EU Commission probes Samsung, Apple over patents

    EU regulators are investigating whether Samsung Electronics Co Ltd and Apple Inc have breached EU antitrust laws with patent infringement claims in their global legal battle, the European Commission said on Friday.

  • Global stocks, euro rise on Europe debt hopes Sep 15, 2011 08:00 AM IST

    Global stocks, euro rise on Europe debt hopes

    Global equities and the euro gained on Wednesday as optimism over tentative steps to resolve Europe's debt crisis overcame still widespread fears that Greece will ultimately default on its debt.

  • Wall St opens higher on European hopes Sep 14, 2011 07:40 PM IST

    Wall St opens higher on European hopes

    US stocks opened higher on Wednesday after the head of the European Commission said it will present options for joint euro zone bonds, a tool that investors view as a step forward to addressing the region's debt crisis.

  • Wall St to open higher on hopes of European fix Sep 14, 2011 07:05 PM IST

    Wall St to open higher on hopes of European fix

    US stocks were set for a higher open on Wednesday after the head of the European Commission said it will present options for joint euro zone bonds, a tool that investors view as a step forward to addressing the region's debt crisis.

  • EU bond comments lifts European shares, euro Sep 14, 2011 06:55 PM IST

    EU bond comments lifts European shares, euro

    European shares and the euro rose on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds, a development investors saw as a positive despite German opposition to the idea.

  • EU bond comments lift European shares, euro Sep 14, 2011 03:15 PM IST

    EU bond comments lift European shares, euro

    European shares rose and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds, offering a glimmer of hope for an easing of the sovereign debt crisis.

  • Goldman lowers legal loss estimate by $700 million Aug 09, 2011 08:29 PM IST

    Goldman lowers legal loss estimate by $700 million

    Goldman Sachs Group Inc has reduced its estimate for future legal costs by USD 700 million but said it expects such expenses to "remain high" for the foreseeable future.

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