GERMANY

EU open to settlement with e-book publishers

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EU regulators are open to a settlement with e-book publishers owned by Lagardere , News Corp and three other firms if they offer concessions to resolve competition concerns, the EU's antitrust chief said on Monday.

Italy In Recession, Headache For Prime Minister Monti

Italy's PM Monti addresses a news conference after an European Union summit in Brussels
Italy is in recession, final data confirmed on Monday, underscoring the difficulties facing Mario Monti's technocrat government as it grapples with a shrinking economy dragged down by austerity measures and a debt crisis.
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Top-rated nations have bigger say in Juncker succession

Euro zone countries with a top credit rating might have a bigger say in talks to replace Jean-Claude Juncker as chairman of the bloc's finance ministers, a Greek newspaper quoted German Finance Minister Wolfgang Schaeuble as saying on Saturday.
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Danes Fail to Win EU Majority for GM Crop Ban Rules

Increased cultivation of genetically modified (GM) crops in Europe remained a distant prospect on Friday, after governments failed to agree a plan to let them decide individually whether to grow or ban GM plants.
Cruise ship

Carnival Swings To Loss In Fiscal 2012 1Q

The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.
Your Sister's Sister

The Tribeca Film Festival Spotlight Series Announced

The 11th annual Tribeca Film Festival has announced its 2012 film sections for the popular Spotlight and Cinemania series. The festival, which was started by Robert DeNiro after the 9/11 terrorist attacks, takes place from April 18th to April 29th.
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Greece closes offer with bond swap set to pass

Greece closed a bond swap offer to private creditors on Thursday after clearing the minimum threshold of acceptance to push the deal through, moving closer to unlocking funds it needs to avoid a dangerous debt default.
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Greece closes in on bond swap, hurdles key threshold

Greece moved closer to wrapping up its bond swap with private investors on Thursday, indicating that it had already cleared a vital threshold needed to pass a deal which will hand bondholders steep cuts in the value of their investments.
Facebook Vice President of Product Cox delivers a keynote address at Facebook's "fMC" global event for marketers in New York City

Facebook Suffers Technical Difficulties in Europe, Asia

World’s No. 1 social networking site Facebook was unavailable for almost 2 hours in Europe and parts of Asia on Wednesday morning. Facebook referred to it as “technical difficulties” and was able to fix it quickly.

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