EUROPEAN UNION

cocoa

Ivory Coast cocoa in disarray from crisis-farmers

A cocoa export ban in Ivory Coast and a liquidity shortage since incumbent Laurent Gbagbo seized the central bank's local branch has left the top grower's cocoa industry in chaos, with beans piling up on farms or being smuggled out, farmers said on Wednesday.
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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.

Egyptians defy curfew, call for Mubarak to go

Thousands of angry Egyptians defied a curfew on Saturday for the second day in a row and stayed on the streets to push their demand that President Hosni Mubarak resign.

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.
grain

Canada, grain buyer Morocco start free trade talks

Grains exporter Canada and Morocco, among the region's top wheat importers, on Thursday announced the start of negotiations for a free trade agreement, Morocco's official media reported.

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.
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.
 Iran

Big powers leave Iran nuclear talks empty-handed

World powers failed to prise any change from Iran in two days of talks on its nuclear program, with the EU and United States calling the discussions disappointing and saying no further meetings were planned.
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WTO final Boeing subsidy ruling seen on January 31

The World Trade Organization will issue a confidential final ruling on January 31 concerning European claims that Boeing benefited from unfair aircraft subsidies, sources familiar with the case said on Friday.

Iran draws red lines at outset of nuclear talks

Iran gave no sign of making concessions to world powers bent on coaxing it to curb its nuclear programme at talks on Friday, saying it would not discuss suspending sensitive uranium enrichment.
Eric Schmidt

Will Eric Schmidt Become Apple CEO?

As the market will be concerned in the near-term with the management shuffle, an analyst at Jefferies hinted at a possibility that Eric Schmidt could become the Chief Executive of Apple.

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