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British and Dutch vote for European Parliament

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Voting began in Britain and the Netherlands Thursday in a European Parliament election which is expected to punish governments that have struggled to cope with the global economic crisis.
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Hammerson sells Paris offices to MGPA

Anglo-French property company Hammerson has sold its Les Trois Quartiers office and retail property in Paris to private equity real estate investor MGPA for 210 million euros ($300 million), both parties said on Wednesday.
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Russia links nuclear talks to U.S. anti-missile plan

The United States must allay Russian concerns over its planned anti-missile system in Europe if the two sides are to achieve a breakthrough on cutting nuclear weapons, Russia's foreign minister said on Wednesday.
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EU27 retail trade falls 0.3%, the euro area down by 0.6%

The volume of retail trade in March of the European Union’s 27 nation bloc (EU27) fell by 0.3% and the euro area (EA16) down by 0.6%. In February of this year, retail trade fell by 0.8% and 0.3% respectively, according to the European statistics.
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EU bioethanol producers see rising output to 2020

Europe is likely to pump out increasing amounts of bioethanol over the next 10 years, posting gradual annual output rises as an EU-imposed deadline nears for boosting renewable energy, an industry official said on Monday.
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Swiss ask U.S. to drop UBS tax evasion case

Switzerland, under pressure to join a global crackdown on tax fraud, asked the United States Saturday to drop a legal case involving UBS bank in return for a new tax accord the two countries are about to negotiate.
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SABMiller beer volumes dip as slowdown bites

Brewing giant SABMiller sold less beer than expected in the first three months of 2009 as economic conditions worsened and demand fell in most of its markets, sending its shares lower in early trade.
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IMF boost to widen split in emerging economies

Stronger emerging economies are likely to pull further ahead from weaker peers following the moves by global leaders to augment the lending capacity of the International Monetary Fund.
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TIMELINE: NATO at 60

NATO marks its 60th anniversary with a summit late on Friday at which U.S. President Barack Obama hopes to secure NATO backing for a new strategy in Afghanistan.
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Medvedev says U.S. can move on missile shield

Russian President Dmitry Medvedev said Thursday that the United States was ready to discuss different ideas on the deployment of a U.S. missile defense system in Europe, which Moscow strongly opposes.
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Pentagon in intense review of Europe missile shield

A plan to expand a controversial U.S. ballistic-missile shield into Eastern Europe is being scrutinized as part of a 2010 budget request to be sent to Congress next month, the Pentagon's chief financial officer told Congress on Wednesday.
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Polish banking to record loss in 09-PKO BP bank

Poland's banking sector faces an overall net loss of about 2-3 billion zlotys ($582-873 million) due to higher financing costs and credit risk, the head of Poland's leading bank PKO BP PKOB.
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Governments keep hunting for cheap CO2 credits

The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn. Through the most opaque of the emissions trading schemes under the Kyoto climate change pact, nations comfortably below greenhouse gas targets can sell excess emissions rights to other countries in the form of credits called Assigned Amount Units (AAUs).
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U.S. may take big stake in Citi as crisis rages

something that is anathema to many U.S. politicians, executives and voters. This gives you the sense that authorities' worries have intensified that problems relating to the U.S. economy may potentially spill over to the rest of the world, said Sailesh Jha, senior regional economist at Barclays Capital, in Singapore. At a summit in Berlin on Sunday, European Union leaders backed a doubling...

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