The election of 736 members from 27 member countries to the European Parliament in June will be the biggest transnational electoral contest there has ever been. Between them they will represent more than 500,000,000 people.
Yesterday's action by the European Commission, leveling a record $1.45 billion fine against semiconductor giant Intel Corp., after finding that it had engaged in a wide variety of illegal, anticompetitive conduct against perennial rival Advanced Micro Devices from 2002 through 2007, deals a body-blow to Intel's credibility.
With its record $1.45 billion fine levied against Intel for allegedly anticompetitive activities, the European Commission -- the executive arm of the European Union -- is again showing its appetite for taking on and punishing big American companies.
Last summer, at Las Vegas' McCarran airport, I stood behind a frustrated Delta passenger whose delayed flight had caused him to miss a connection. He was indignantly invoking Rule 240, insisting that Delta had to put him on a flight with another carrier, which elicited a chuckle from the agent.
The Dutch government on Friday approved an economic stimulus package worth up to 8 billion euros ($10 billion) to help the country cope with the global financial crisis.
The Indian government said Wednesday it is sending food and equipment to help the estimated 3 million people in a flood-ravaged area of the country's northeast.
The European Commission slams the EU newcomer for failing to crack down on corruption and organized crime -- and cuts off funding worth hundreds of millions of dollars
The election of 736 members from 27 member countries to the European Parliament in June will be the biggest transnational electoral contest there has ever been. Between them they will represent more than 500,000,000 people.
Yesterday's action by the European Commission, leveling a record $1.45 billion fine against semiconductor giant Intel Corp., after finding that it had engaged in a wide variety of illegal, anticompetitive conduct against perennial rival Advanced Micro Devices from 2002 through 2007, deals a body-blow to Intel's credibility.
With its record $1.45 billion fine levied against Intel for allegedly anticompetitive activities, the European Commission -- the executive arm of the European Union -- is again showing its appetite for taking on and punishing big American companies.
Last summer, at Las Vegas' McCarran airport, I stood behind a frustrated Delta passenger whose delayed flight had caused him to miss a connection. He was indignantly invoking Rule 240, insisting that Delta had to put him on a flight with another carrier, which elicited a chuckle from the agent.
The Dutch government on Friday approved an economic stimulus package worth up to 8 billion euros ($10 billion) to help the country cope with the global financial crisis.
The Indian government said Wednesday it is sending food and equipment to help the estimated 3 million people in a flood-ravaged area of the country's northeast.
The European Commission slams the EU newcomer for failing to crack down on corruption and organized crime -- and cuts off funding worth hundreds of millions of dollars
Inflation in the 13 nations that share the euro surged to 3 percent in November, the highest level since consumers began using the currency in 2002, the EU statistical agency Eurostat said Friday.
The traditional British pint of beer is here to stay after the European Union finally ceded in the battle to convert the country's traditional imperial measures to metric versions.
Sudan expelled the top Canadian diplomat and the European Commission envoy from the country for what was described as "meddling in its affairs," the state news agency reported Thursday.
The European Commission has expanded an informal probe into whether the licensing strategies of two rival groups of DVD developers are anti-competitive by seeking information from film studios, the EU executive said.
The EU has given the green light to the former Soviet bloc countries, Romania and Bulgaria, to join the 25-nation union from January 1. However, EU's latest arrivals are facing the toughest entry conditions in the blocs' history.
U.S. stocks were set to open lower Monday, as investors await the latest signals from Federal Reserve officials, with tech issues expected to bear the brunt amid a possible restatement by Dell and word of an expanded antitrust probe of Intel in Europe.
The European Commission is due to fine Microsoft on Wednesday as part of a hard-line approach towards getting the software giant to comply with antitrust sanctions that appears to be bearing fruit.
European Union veterinary experts have backed plans to boost surveillance of migratory birds and impose stricter bans on imports as officials desperately tried to find ways to curb the spread of deadly bird flu on the continent.
European Union officials say bird flu had been found on one of the Greek isles and tests were being conducted to determine if it is the deadly H5N1 virus.
Security was tight around the mountain town of Davos, Switzerland as global political and business leaders gathered for the annual World Economic forum.
French President Jacques Chirac has warned that "silent tsunamis" of despair, such as unemployment, are plaguing the world, and called on those attending the World Economic Forum help others.
The European Union has launched an aggressive anti-smoking drive with grisly photos of rotten lungs, throat tumors and decayed teeth that it hopes will be used on cigarette packets.
The European Commission has recommended -- with conditions -- that the European Union start accession talks with Turkey after 40 years of on-off negotiations.
Technology stocks lost ground Friday on high oil prices and lowered earnings forecasts, failing to close higher before the weekend in keeping with a mostly upbeat performance over the last two weeks.
Portugal's prime minister will be officially proposed as the next European Commission president following a painstaking search for a replacement for the outgoing Romano Prodi, it has been announced.
European Union leaders have overcome their differences to agree to the bloc's first constitution and must now push ahead with their search for a compromise candidate to be the next European Commission president.
Technology stocks managed a second day of gains Tuesday, restrained by Fed Chairman Alan Greenspan's comments on interest rates but buoyed by oil prices, which fell to six week lows.
The European Commission has again stopped the clock on its review of Oracle's $9.4 billion bid for rival PeopleSoft to seek more information on the markets affected, the EU said Thursday.
Technology stocks on Monday posted their highest close in 2-1/2 years as investors counted on upcoming earnings results of companies ranging from Yahoo! to Apple Computer, slated for release later in the week.
Ever since he killed the GE-Honeywell merger, Mario Monti has been casting a darker shadow. Now it's Microsoft's turn to feel the menacing gaze--and sweeping power--of Europe's antitrust sheriff.
Here are economic snapshots of the 19 countries in Europe making up the European Community (EC) and the European Free Trade Association (EFTA). Many are in recession. Yet their potential is huge. T...
THIS NEW YEAR'S EVE, a thousand bonfires will be set across the Continent to mark the opening of the single European market. But the celebration will be less festive than it might have been. All ki...
THE crowning jewel of Europe's economic integration will be a unified European capital market, where companies large and small can scoop up equity money anywhere in Europe, and investors from Dubli...
ONLY LAST YEAR Europe seemed headed for an economic miracle. Gross domestic product (GDP) was sprinting ahead at more than 3% a year, the fastest rate in a decade. A surge in new jobs was finally e...
THE EUROPEAN Community's drive toward an open market by the end of 1992 is suddenly starting to bump hard against the very barriers that the EC is trying to tear down. As the deadline nears, powerf...
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