EUROPEAN UNION

Greek Parties Face Monday EU Bailout Deadline

Prime Minister Lucas Papademos arrives at his office in Athens for a meeting with top Greek political leaders
Greece's coalition parties must tell the European Union by Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.
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Iranian Oil Minister Rostam Qasemi talks to journalists during a news conference in Tehran on Saturday, Feb. 4, 2012

Ban on Crude-Oil Sales Will Not Stall Nuclear Program: Iran

Iran's oil minister said the Islamic state would not retreat from its nuclear program even if its crude-oil exports grind to a halt, the official IRNA news agency reported on Saturday. But Rostam Qasemi also called on the European Union to review its recent decision to ban Iranian oil imports as of July 1.
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Greece struggles on for deal on unpopular reforms

Greece's government on Saturday struggled on in talks with lenders to secure a 130 billion euro ($171 bilion) bailout before turning to the trickier task of persuading political leaders to back the unpopular reforms involved in the rescue.
An Iranian man walks past a currency exchange shop in northern Tehran January 3, 2012.

Banking's SWIFT Working with EU, U.S. on Iran-Related Measures

The organization that provides the world's banks with a system for moving money said on Friday it is working with officials in the European Union and the United States to address concerns about the services it provides to blacklisted Iranian banks.
Tourists look at the sculpture of the Little Mermaid, inspired from a fairy tale written by Hans Christian Andersen, a famous landmark of Copenhagen January 26, 2011.

European Union Aims to Double Online Commerce by 2015

European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.
A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

Global Manufacturing Buzzing So Far in 2012

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
Anonymous Hackers FBI Scotland Yard Intercept Conference Call Sensitive Transcripts

Anonymous Hackers: Sensitive FBI, Scotland Yard Conference Call Intercepted by Hacking Collective [TRANSCRIPT]

Anonymous published a 15 minute transcript from the call, which was between officers from both countries discussing how to prosecute the hacking collective and its members. In a Twitter posting the group gloated, The FBI might be curious how we're able to continuously read their internal comms for some time now, after it emerged members of Anonymous had managed to intercept an email between the FBI and British authorities listing a time and password for the sensitive conference call.
FTSE rises as China data lift miners, UK data eyed

European Stocks Rise to Six-Month High

European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season.
Software Engineer Arthur views a scrolling employee photo collage at the Google campus near Venice Beach, in Los Angeles

EU regulators want Google to halt new privacy policy

A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users' personal data.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
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Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
Syria's President Bashar al-Assad

U.S. and Allies Exploring Prospects for Assad Exile

The United States, European governments and Arab states have begun discussing the possibility of exile for Bashar al-Assad despite skepticism that the defiant Syrian president is ready to consider such an offer, Western officials say.
Experts work at their screens in the NYSE Euronext cash markets operations room in Paris

Dow, S&P 500 Rise on Strong Consumer Confidence

The Dow and S&P 500 advanced for a second day on Tuesday as stronger-than-expected consumer confidence data and hopes for further progress on a solution to Europe's fiscal mess bolstered sentiment.
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Eurozone Aims to Agree on Second Greek Bailout by Feb. 6

Eurozone finance ministers aim to agree a second financing package for Greece on Monday, a decision they hope will boost market confidence in euro zone public finances and help contain the two-year-old sovereign debt crisis.
Portugal Finance Minister Vitor Gaspar

European Debt Crisis: Portugal, Greece Dominate Storyline

Portugal and Greece dominated the headlines out of Europe Wednesday, as both nations appeared to be opening new chapters in the continuing Eurozone sovereign debt crisis. Paradoxically, positive developments in one country were actually seen as the reason negative news were emerging from the other.

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