EUROPEAN UNION

EU to end Chinese telecom probe despite subsidies

EU to end Chinese telecom probe despite subsidies

The European Union will drop its inquiry into whether China is giving illegal aid to two of its leading telecom firms, even as the EU's executive cites evidence of massive subsidies, according to EU Commission documents.

Confusion over EU travel ban on Iranian minister

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EU member states failed to relax a travel ban on Iran's foreign minister in time for him to attend this weekend's Munich security conference, but plan further discussion on whether to let him visit the bloc in future, an EU official said Friday.

Egyptians rally for Mubarak to go now

Pro-Mubarak supporters shout at opposition demonstrators as soldiers try to calm them down on a bridge near Tahrir Square in Cairo February 3, 2011.
Hundreds of thousands of Egyptians marched peacefully in Cairo on Friday to demand an immediate end to President Hosni Mubarak's 30-year rule, but there was no sign of his generals, or his U.S. allies, squeezing him out just yet.
Cairo University

Academics want science minister in Mubarak regime to continue

Director of the German Academic Exchange Service (DAAD) in Cairo tells Nature magazine that it would perhaps be in the interest of scientific pursuit in the country if Minister of Higher Education and Scientific Research Hany Helal continues to remain in office.
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Synagogue, schools attacked in Tunisia, fear spreads

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.

Boeing received illegal subsidies: WTO

Airplane maker Boeing (NYSE: BA) received billions of dollars in questionable subsidies from the U.S. government according to a study by The World Trade Organization (WTO) which was presented on Monday to officials of the U.S. and the European Union (EU).

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.
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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.
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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.

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