european union

EU approves Universal’s takeover of EMI


September 22nd, 2012 - 9:23 pm ICT by BNO News
BRUSSELS (BNO NEWS) -- The European Union (EU) on Friday announced that the Commission approved the proposed acquisition of EMI's recorded music business by Universal Music Group for $1.9 billion.The Commission initially ... Read more...

Posted in Business |

Philippines implementing reforms to improve air safety rating


September 14th, 2012 - 3:52 am ICT by BNO News
MANILA, PHILIPPINES (BNO NEWS) -- The government of the Philippines is implementing further aviation reforms in the hopes of restoring the country's air safety rating in the United States, officials said on ... Read more...

Posted in Environment |

Armadillo to be 2014 FIFA World Cup mascot


September 12th, 2012 - 1:06 pm ICT by IANS
Rio de Janeiro, Sep 12 (IANS) A rare species of armadillo is set to be the official mascot for the 2014 FIFA World Cup in Brazil.World football's governing body FIFA ... Read more...

Posted in Sports |

India’s envoy to Belgium holds get-to-know reception


September 11th, 2012 - 8:16 pm ICT by IANS
Brussels, Sep 11 (IANS) The new Indian ambassador to the European Union and Belgium, Dinkar Khullar, has held a get-to-know reception for the Indian community here.Khullar, who arrived here ... Read more...

Posted in World |

Moody’s changes EU rating outlook to negative


September 4th, 2012 - 1:39 pm ICT by IANS
New York, Sep 4 (IANS) Rating agency Moody's Investors Service has changed its outlook on the European Union's long-term debt ratings to negative from stable, sending a warning signal on ... Read more...

Posted in Business |

Austrian unemployment increases


September 4th, 2012 - 1:36 pm ICT by IANS
Vienna, Sep 4 (IANS) The Austrian unemployment rate rose to 6.2 percent in August despite improvement in sectors such as industry, trade and tourism, the APA reported.The total number of ... Read more...

Posted in Business |

Spanish PM says he’s focused on euro, Spain’s interests


September 3rd, 2012 - 11:19 am ICT by IANS
Madrid, Sep 3 (IANS/EFE) Spain's negotiations within the European Union have focused on measures "that benefit the general interests of the euro and those of Spain at every specific moment" ... Read more...

Posted in Business |

Nepal to introduce new visa regime


August 25th, 2012 - 2:37 pm ICT by IANS
Kathmandu, Aug 25 (IANS) Nepal is set to introduce a new visa regime in an attempt to discourage foreign criminals from using Nepal as a transit point to sneak into ... Read more...

Posted in South Asia |

EU to work with Belarusian minister despite sanctions


August 21st, 2012 - 9:43 am ICT by IANS
Brussels, Aug 21 (IANS/RIA Novosti) The European Union has said that it will work with the new Belarusian foreign minister despite the fact that he is subject to EU ... Read more...

Posted in Uncategorized |

Spanish trade deficit drops


August 17th, 2012 - 1:03 pm ICT by IANS
Madrid, Aug 17 (IANS) Spain's trade deficit fell 22.5 percent in the first six months of 2012, reaching 18.64 billion euros ($22.92 billion), authorities said.Exports increased by 3.4 percent annually ... Read more...

Posted in Business |

Singapore’s export growth slows moderately


August 17th, 2012 - 12:57 pm ICT by IANS
Singapore, Aug 17 (IANS) Singapore's non-oil domestic exports (NODX) grew by 5.8 percent year on year in July, following the 6.6 percent increase in the previous month, trade promotion agency ... Read more...

Posted in Business |

China’s FDI inflow falls for second month (Lead)


August 16th, 2012 - 3:33 pm ICT by IANS
Beijing, Aug 16 (IANS) Foreign Direct Investment (FDI) in China fell for the second consecutive month in July as global economic woes continued to weigh heavily.The FDI Beijing drew last ... Read more...

Posted in Business |

English chess hit by race row over young Muslim players


August 15th, 2012 - 9:29 pm ICT by Aishwarya Bhatt
Vienna, Aug 15 (THAINDIAN NEWS) Three young Muslim brothers were recently abused by the English delegation to a tournament which was hosted in Austria. They had gone for a chess competition when ... Read more...

Posted in World News |

Flesh-eating piranhas found in Greece river


August 9th, 2012 - 2:54 pm ICT by IANS
Athens, Aug 9 (IANS/RIA Novosti) Two flesh-eating piranha fish have been caught in a river separating Turkey from Greece.A Turkish fisherman caught an 18-inch piranha in the Evros river July ... Read more...

Posted in Uncategorized |

Gay Italian politician to run for PM in 2013


August 2nd, 2012 - 7:52 pm ICT by IANS
Rome, Aug 2 (IANS/AKI) An openly homosexual politician in Italy has announced his candidacy for prime ministership in the elections to be held in 2013, in what could pave the ... Read more...

Posted in Politics |

Britain paid record $30 bn to EU in 2011


August 1st, 2012 - 8:06 pm ICT by IANS
London, Aug 1 (IANS) British taxpayers paid a record 19.2 billion pounds ($30 billion) to the European Union last year, The Sun reported WednesdayOfficial statistics reveal that the British payments ... Read more...

Posted in Business |

Spanish economy contracts


July 31st, 2012 - 1:06 pm ICT by IANS
Madrid, July 31 (IANS) The Spanish economy contracted 0.4 percent in the second quarter of the year, the Spanish National Statistical Institute (INE) reported.The main cause of this economic downturn ... Read more...

Posted in Business |

Iran to file complaint against US, EU over sanctions


July 30th, 2012 - 12:01 pm ICT by IANS
Moscow, July 30 (IANS/RIA Novosti) Iran will file a complaint against the US and the European Union (EU) for imposing unilateral sanctions on the country without the approval of the ... Read more...

Posted in World |

India pitches for free movement of labour across borders


July 26th, 2012 - 8:39 pm ICT by IANS
London, July 26 (IANS) India's Commerce and Industry Minister Anand Sharma Thursday urged countries across the world, especially in European region, to liberalise visa norms and allow free movement of ... Read more...

Posted in Business |

China vows protection of rare earth metals


July 25th, 2012 - 8:29 pm ICT by IANS
Beijing, July 25 (IANS) China Wednesday vowed to protect its rare earth products and said it will work with other countries to solve the policy disputes over the resources.The government ... Read more...

Posted in Business |

WTO establishes panel to settle rare earths dispute


July 24th, 2012 - 1:06 pm ICT by IANS
Geneva, July 24 (IANS) The World Trade Organisation (WTO) has established a panel to consider China's exports of rare earths on the complaints of the US, the European Union (EU) ... Read more...

Posted in Business |

EU asks Bangladesh to address human rights violations


July 22nd, 2012 - 9:03 pm ICT by IANS
Dhaka, July 22 (IANS) Bangladesh needs to address the issue of human rights violations because it is similar to violation of democracy, the European Union (EU) ambassador to the country ... Read more...

Posted in South Asia |

Iran eyes n-fuel to power ships


July 18th, 2012 - 2:57 am ICT by IANS
Tehran, July 18 (IANS) Iran will use nuclear fuel to power its merchant vessels, an Iranian MP said Tuesday.The Western sanctions have forced Iran to use nuclear fuel as a ... Read more...

Posted in World |

EU-India trade exchanges fall


July 17th, 2012 - 8:29 pm ICT by IANS
Brussels, July 17 (IANS) Exports from the European Union (EU) to India have fallen by one percent from 13.1 billion euro for January to April, 2011 to 13 billion euro ... Read more...

Posted in Business |

China’s FDI drops (Lead)


July 17th, 2012 - 3:14 pm ICT by IANS
Beijing, July 17 (IANS) China attracted $12 billion in foreign direct investment (FDI) in June, 6.9 percent lass than a year earlier, it was announced Tuesday. The figure took the ... Read more...

Posted in Business |

South Korea’s trade surplus reduces


July 16th, 2012 - 2:50 pm ICT by IANS
Seoul, July 16 (IANS) South Korea's trade surplus reduced to $10.7 billion in the first half of this year compared with a year earlier due to sluggish exports amid external ... Read more...

Posted in Uncategorized |

India in UN security council reflects global realities: Germany


July 14th, 2012 - 9:47 pm ICT by IANS
New Delhi, July 14 (IANS) Germany, one of a four-nation group pushing for United Nations reforms, Saturday forcefully argued for providing a permanent seat to India and itself in the ... Read more...

Posted in Uncategorized |

Infosys fears euro could collapse


July 12th, 2012 - 5:28 pm ICT by IANS
Bangalore, July 12 (IANS) India's IT bellwether Infosys fears that the euro could collapse due to the sovereign debt crisis in Greece and Italy and the banking crisis in Spain."We ... Read more...

Posted in Business |

China’s June export growth slows


July 10th, 2012 - 4:10 pm ICT by IANS
Beijing, July 10 (IANS) China's exports rose 11.3 percent year on year to $180.21 billion in June, slowing from the 15.3-percent spurt in May, authorities said Tuesday.Imports increased 6.3 percent ... Read more...

Posted in Business |

South Korea’s auto production grows


July 10th, 2012 - 3:52 pm ICT by IANS
Seoul, July 10 (IANS) South Korea's automobile production grew 3.4 percent in the first half of this year due to brisk exports that offset sluggish domestic demand, a government report ... Read more...

Posted in Business |

Austrian economic growth to slow down


July 10th, 2012 - 1:26 pm ICT by IANS
Vienna, July 10 (IANS) Growth of Austria's economic output will slow down to between 0.6 and 0.8 percent in 2012 from three percent in the previous year, a report said ... Read more...

Posted in Business |

Terror attack foiled in Turkey


July 8th, 2012 - 12:20 am ICT by IANS
Ankara, July 7 (IANS) A major terror attack was foiled Saturday when Turkish security forces seized 150 kg of explosives in the southeastern province of Diyarbakir, Xinhua reported.Security forces found ... Read more...

Posted in World |

Global FDI rises 16 percent: UN report


July 6th, 2012 - 8:12 am ICT by IANS
Vienna, July 6 (IANS) Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to $1.536 trillion in 2011, a UN report said.According to "World Investment ... Read more...

Posted in Business |

Iran threatens legal action over oil embargo


July 5th, 2012 - 8:32 am ICT by IANS
Tehran, July 5 (IANS) Iran has called the Western sanctions "unproductive" and threatened to take legal action against the European oil embargo.Chief of Iran's Chamber of Commerce, Industry, Mines and ... Read more...

Posted in Business |

Cyprus takes over EU presidency


July 1st, 2012 - 6:18 pm ICT by IANS
Nicosia, July 1 (IANS/RIA Novosti) Cyprus is assuming the European Union's rotating presidency for the first time Sunday, amid concerns about the country's ability to cope with its own economic ... Read more...

Posted in World |

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