EUROPEAN UNION

Synagogue, schools attacked in Tunisia, fear spreads

IBTimes Logo
A synagogue was set on fire in Tunisia overnight and gangs rampaged through schools in the capital on Tuesday, prompting the army to fan out to calm fears of chaos after the revolt that toppled Zine al-Abdine Ben Ali.

Fundamentals lift stocks

Investors shifted focus from worrying about Middle East turmoil to concentrate on fundamentals on Tuesday, lifting global stocks against a background of improved economic data and corporate results.
More news

Central African Republic candidates say poll rigged

Rivals to Central African Republic leader Francois Bozize pulled their representatives off the election body on Saturday, alleging fraud after early partial results from last weekend's poll put Bozize in the lead.

Euro rescue fund could be enlarged: Lagarde

Christine Lagarde, France’s finance minister, suggested that time may be near to increase the size of The European Financial Stability Facility (EFSF), the European Union’s financial bailout fund reserve.

Medvedev defends Russia in Davos keynote speech

In his opening speech at the Davos world economic forum in Switzerland, Russia’s President Dmitry Medvedev touched on a number of subjects, including why he was late to the confab – the suicide bombing in a Moscow airport that killed 35 people.
IBTimes Logo

Banker bonuses spur discontent as pay gap grows

Annual bonuses at top global banks are causing ructions that could drive a outsized round of defections as weaker profits and tougher rules widen the pay discrepancy between star performers and everybody else.
IBTimes Logo

Facebook Gets New Curbs In Germany

Facebook's German business has run into new restrictions on what it can do with email addresses, giving users more control over what happens to the names on their contact lists.
Yoweri Museveni

Uganda's Museveni against UN on Ivory Coast

Uganda President Yoweri Museveni is against the United Nations' recognition of Alassane Ouattara as winner of Ivory Coast's election and wants an African Union probe into the poll, his spokesman said on Tuesday.

Weak labour market holding back recovery - ILO

A faltering and uneven increase in jobs is holding back the overall economic recovery and unemployment is likely to continue at near record levels this year, the International Labour Organisation said on Tuesday.

Huawei Sues Motorola Over Asset Sale

China's Huawei Technologies Co. Ltd. has sued Motorola to delay the sale of the latter's wireless infrastructure business to Nokia Siemens Networks. The lawsuit alleges that such a sale would possibly result in illegal transfer of Huawei's intellectual property.

Global recovery not translating into jobs: ILO

Global economic recovery is not resulting in job creation, as the number of the unemployed people worldwide stood at a record 205 million last year, the International Labour Organization (ILO) warned on Monday.
Cocoa bags are seen in a warehouse in Gonate, western Ivory Coast,

Cocoa soars on Ivorian export ban, Cargill complies

Cocoa surged to near its highest price in 30 years as U.S. trader Cargill complied with demands for an export ban from top producer Ivory Coast by Alassane Ouattara, who aims to stop cash reaching his presidential rival.

Nigeria wants UN backing for force in Ivory Coast

Nigeria wants U.N. backing for military intervention in Ivory Coast to prevent it slipping into a civil war that could destabilise the West African region, Foreign Minister Odein Ajumogobia said on Monday.
IBTimes Logo

Euro zone PMIs indicate rising inflation pressure

Factories in the euro zone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.
IBTimes Logo

EU must decide new euro measures urgently: Rehn

European governments must urgently decide on common measures to protect the stability of the euro zone, EU Economic and Monetary Affairs Commissioner Olli Rehn told a German newspaper Monday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.