IBTimes Australia : European Union Topic

European Union Accuses China's Huawei and ZTE of Violating Trade Policies

Sat, 18 May 2013 20:01:20 +1000

The EU is planning to launch a formal investigation against Huawei and ZTE.

Exclusive - EU cites Chinese telecoms Huawei and ZTE for trade violations

Sat, 18 May 2013 17:35:02 +1000

Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

Sat, 18 May 2013 15:14:02 +1000

EU bonus cap could hit 10 times as many London bankers

Sat, 18 May 2013 05:00:04 +1000

European Union officials will next week propose capping financial sector pay above 500,000 euros, accountancy firm PwC said on Friday, suggesting the world's most stringent curbs for the industry will affect far more bankers than previous rules.

Romanian and Bulgarian Immigration Row – Fact vs Fear [VIDEO SPECIAL]

Sat, 18 May 2013 02:54:47 +1000

IBTimes UK presenter Marverine Cole investigates pros and cons of EU migration to Britain.

Swiss propose corporate tax reforms after EU pressure

Sat, 18 May 2013 00:35:03 +1000

Switzerland outlined plans on Friday to reform the way it taxes companies as it seeks to counter criticism from Brussels while trying to remain attractive to the many multinationals based in the country.

Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF

Sat, 18 May 2013 00:35:03 +1000

The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative.

Brussels, Berlin lukewarm on Hollande's euro zone vision

Fri, 17 May 2013 23:35:02 +1000

European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration on Friday, noting that many of his ideas were already in circulation.

Italy PM Letta seeks to smooth property tax standoff

Fri, 17 May 2013 23:14:02 +1000

Italian Prime Minister Enrico Letta promised a wide reform of property tax on Friday, addressing one of the main issues dividing his coalition government, but gave no details on where he would find the billions of euros to pay for it.

Nigel Farage's BBC Scotland Interview: Full Transcript

Fri, 17 May 2013 20:57:05 +1000

Abandoned interview between beleaguered Ukip boss and Good Morning Scotland interviewer David Miller.

Berlin, Paris not 'bosom' buddies but get on fine, Merkel says

Fri, 17 May 2013 02:21:02 +1000

German Chancellor Angela Merkel may not have a "bosom friendship" with her French counterpart, she said on Thursday, but her working relationship with Francois Hollande was strong and crucial for Europe.

Cameron tells EU rebels to back referendum law

Fri, 17 May 2013 02:14:02 +1000

Prime Minister David Cameron ordered rebellious MPs on Thursday to back his plan for a law guaranteeing a vote on Britain's European Union membership as he sought shore up his party, his leadership and the coalition.

China threatens own trade action if EU opens telecoms case

Fri, 17 May 2013 00:21:02 +1000

China threatened on Thursday to retaliate if the European Union formally opens an investigation into alleged anti-competitive behavior by Chinese mobile telecom equipment companies.

Analysis: UK trade may struggle to stand still after EU exit

Thu, 16 May 2013 22:21:01 +1000

As British Prime Minister David Cameron struggles to accommodate euroskeptics in his own party, trade experts warn that quitting the European Union would force Britain not just to rework trade relations with the EU, but also with the EU's trade partners and probably the World Trade Organization.

The Energy Report - Look Out Below

Thu, 16 May 2013 22:08:54 +1000

Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weighs on the market outlook. Of course a risng stock market gave bulls some hope along with nonexistent producer price inflation but from a preponderance of data and rising global inventories the rally is going to need some help to keep oil above $90 a barrel.

Exclusive: Hungarian ethanol firm says it alerted EU over Platts pricing

Thu, 16 May 2013 10:49:02 +1000

A Hungarian ethanol producer said it alerted the European Commission over the role of price agency Platts in setting prices, feeding into an investigation of three major oil companies.

IMF board OKs Cyprus loan, warns of risks

Thu, 16 May 2013 09:28:02 +1000

The International Monetary Fund's executive board approved a $1.3 billion (853.7 million pounds), three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt.

Donors pledge 3.25 billion euros to aid Mali recovery

Thu, 16 May 2013 05:21:03 +1000

International donors pledged 3.25 billion euros (2.77 billion pounds) on Wednesday to help Mali recover from a conflict with al Qaeda-linked Islamists, exceeding the West African country's target.

Cyprus banks more vulnerable than previously thought - auditors

Thu, 16 May 2013 05:21:03 +1000

Cyprus's banking system, which is being restructured under an international bailout, is more vulnerable to money laundering than previously thought, a report commissioned as a condition of the rescue said.

EU says ready to launch trade dispute over China telecoms

Wed, 15 May 2013 21:21:03 +1000

The European Commission said on Wednesday it was ready to launch an investigation into anti-competitive behaviour by Chinese producers of mobile telecommunications equipment, opening a new front in a trade offensive against China.

Ukip Race-Row Councillor Eric Kitson Resigns after Facebook Rants

Wed, 15 May 2013 20:09:54 +1000

First test for Farage as Kitson forced to step down in Stourport over Facebook slurs.

Exclusive - Financial sanctions delay North Korea's nuclear arms work: U.N.

Wed, 15 May 2013 13:21:02 +1000

Increasingly tough financial sanctions, an arms embargo and other international restrictions on trade with North Korea have significantly delayed expansion of Pyongyang's illicit nuclear arms program, according to a confidential report by a U.N. panel of experts seen by Reuters on Tuesday.

World’s Largest Steelmaker Calls for EU Trade War with China

Wed, 15 May 2013 12:15:21 +1000

Lakshimi Mittal, owner of the world's largest steelmaker ArcelorMittal, has urged Europe to erect trade barriers to protect its manufacturers, claiming the future of the European Union manufacturing depended on politicians helping the industry face what he said was unfair competition from China, reported the Financial Times on Sunday.

Exclusive: Sanctions delay North Korea's nuclear arms work - U.N.

Wed, 15 May 2013 11:28:02 +1000

Financial sanctions delay North Korea's atom bomb work - U.N.

Wed, 15 May 2013 10:00:03 +1000

Increasingly tough financial sanctions, an arms embargo and other international restrictions on trade with North Korea have significantly delayed Pyongyang's illicit nuclear arms program, according to a confidential report by a U.N. panel of experts seen by Reuters on Tuesday.

French finance ministry needs a 'boss' - Fabius

Wed, 15 May 2013 04:28:02 +1000

Foreign Minister Laurent Fabius called on Tuesday for stronger management of France's dispute-ridden finance ministry, adding fuel to growing speculation of an imminent reshuffle by President Francois Hollande.

European Union Abandons Jailed Turkmenistan Reporter Rovshen Yazmuhamedov

Wed, 15 May 2013 04:20:20 +1000

RFE/RL reporter Rovshen Yazmuhamedov was arrested by Turkmen police last week

EU Commission says Visa Europe offers to cap fees

Wed, 15 May 2013 02:00:05 +1000

Visa Europe, the European licensee of Visa Inc. , has offered to cap its inter-bank credit card fees at the same level as rival MasterCard to end a European Union antitrust investigation and stave off a possible fine.

France secures support to limit scope of EU-U.S. trade talks

Wed, 15 May 2013 01:14:05 +1000

France has secured backing from other EU member states for the exclusion of the movie and television industries from a proposed free-trade pact between Europe and the United States that it fears could threaten European culture.

Divisions hamper Europe's plans to tackle failing banks

Wed, 15 May 2013 00:14:02 +1000

The European Central Bank clashed with Germany on Tuesday over how quickly the euro zone should complete a system to deal with failing banks.