Saturday 19 April 2014
 
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EU, China reach deal over solar dispute

The European Commission said on Saturday it had agreed a deal with Beijing to resolve a dispute over alleged Chinese dumping of solar panels in Europe, agreeing a minimum price for China's imports. The deal to resolve the bigg

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World powers hope to resume Iran talks quickly

World powers hope to resume negotiations with Iran over its disputed nuclear programme "as soon as possible", the European Union's foreign policy chief Catherine Ashton said on Tuesday. Ashton, who oversees talks wit

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Euro zone unemployment at record high, inflation up

Euro zone unemployment is at a record high and consumer prices are being driven upward by volatile energy and food prices, data showed on Monday, underlining the fragility of the bloc's economic health. Inflation in the 17-nat

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Euro zone GDP contraction slows in Q1

The pace of the euro zone's economic contraction slowed quarter-on-quarter in the first three months of this year, EU statistics showed on Wednesday, but retail sales in April pointed to continued weakness in household demand.

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New EU rules make it easier to switch bank accounts

Europeans will find it easier to open and switch bank accounts and see what fees they are being charged under new rules proposed by the European Commission on Wednesday. The proposal, which could become law in the European Union i

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Microsoft fined $730m for breaking EU promise

EU antitrust regulators fined Microsoft 561 million euros ($731 million) on Wednesday for breaking a promise to offer European consumers a choice of web browser. Microsoft had made the pledge in 2009 in settling an antitrust inves

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Robbers seize $467m gems at Brussels airport

  Armed robbers stole diamonds worth 350 million euros ($467 million) while the gems were being loaded onto a plane at Brussels Airport on Monday evening, Belgian state broadcaster VRT reported.   T

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EU chief says meat products falsely-labelled

All companies that have handled falsely-labelled horsemeat are under suspicion, the European Union's health chief said on Wednesday, adding the Commission was considering strengthening relevant law. EU ministers are to meet la

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Ashton to host meeting on Iran in Brussels

EU foreign policy chief Catherine Ashton will host a meeting of representatives of six major powers in Brussels on Wednesday, as part of efforts to dissuade Iran from its nuclear programme, a spokeswoman for Ashton said on Thursday.

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Euro zone slips into second recession since 2009

The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl.

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