EUROPEAN UNION

The existing European rescue fund now in place is not large enough to protect Italy as it was never designed to do that, an unnamed European Central Bank source was quoted telling Die Welt newspaper on Sunday.

The top pre-market NASDAQ Stock Market gainers are: Amylin Pharmaceuticals, Geron, Alkermes, Intersil, and SodaStream International. The top pre-market NASDAQ Stock Market losers are: Ixia, SemiLEDs, Aixtron, Cree, Virgin Media, ARM Holdings, and Google.

The top after-market NASDAQ Stock Market gainers are: Amylin Pharmaceuticals, Alkermes, China Auto Logistic, Optimer Pharmaceuticals, and Vitacost.com. The top after-market NASDAQ Stock Market losers are: Ixia, SemiLEDs, Life Partners Holdings, Multi-Fineline Electronix, and DragonWave.

E. Coli allegations have resulted in an EU ban on Egyptian fenugreek seeds. Fears loom that the Egyptian economy will take a major hit.

President of the European Central Bank Jean-Claude Trichet announced the European Central Bank's new interest rate measures at a conference in Frankfurt, Germany.

International bankers and European Union officials made no progress on Thursday in securing a private sector contribution for a second bailout of Greece and bond yields climbed on concern about the scheme.

International bankers and European Union officials failed to make progress on Thursday in securing a private sector contribution to a second bailout of Greece and bond yields climbed on concern about the scheme.

The European Central Bank raised interest rates for the second time in three months on Thursday and signaled a further hike is likely this year to tackle inflation despite the intensifying euro zone debt crisis.

The European Union has banned Egyptian fenugreek seeds.

Asian shares drifted up toward a one-month high on Thursday as Chinese bank shares bounced higher on hopes of a near-term pause in policy tightening, while the euro steadied before a widely expected rate hike from the European Central Bank later in the day.

World stocks steadied below a recent 4-1/2 month high on Tuesday while the euro fell as worries about further monetary tightening in China and caution over the euro zone and U.S. economic outlook made investors hesitant.

The finance minister of Poland has criticized the European Union (EU) for the way it has handled the Greek financial crisis.

A new undercover investigation conducted by Mercy For Animals, an animal rights group based in Chicago, revealed that at this factory firm mother sows and their piglets are forced to suffer brutal abuse and lives of unrelenting confinement and misery.

European investigators from the European Food Safety Authority are looking to Egyptian fenugreek seeds as a potential culprit in this month's E. coli pandemic.

Eurogroup President Jean-Claude Juncker moved forward a meeting of euro zone finance ministers scheduled for Sunday in Brussels and changed it to a conference call on Saturday, his spokesman said on Friday.

U.S. airlines will step up their campaign against European Union climate policy next week, with a legal challenge at Europe's highest court to their inclusion in the EU carbon market.

Jean-Claude Trichet scotched speculation on Thursday that the European Central Bank may delay interest rate rises because of Greece's plight and the contagion threat it poses, saying the bank was in strong vigilance mode.

While the passage of the bill gives Greece some breathing room, lowers the risks of an immediate default and will keep the country afloat, the actual implementation of the budget may be very difficult -- if not impossible.

While the passage of the bill gives Greece some breathing room, lowers the risks of an immediate default and will keep the country afloat, the actual implementation of the budget may be very difficult -- if not impossible.

The Hague-based International Criminal Court on Monday issued arrest warrants for Libyan leader Moammar Gadhafi, his son and the country's spy agency chief for crimes against humanity committed four decades ago.

European Central Bank Governing Council member Yves Mersch said on Saturday a Greek sovereign debt default would lead to chaos, adding it was up to the parliament to deliver on its austerity promises.