ArcelorMittal promises European workers that it won’t shut plants or make forced layoffs
ArcelorMittal vows not to shut European plants ArcelorMittal ends streak of losses, posts $903 million Q3 profit, sees start of recovery
ArcelorMittal sees profit after 3 quarterly losses Can the EU find its own Obama?LUXEMBOURG - What the European Union needs is a Barack Obama of its own. Luxembourg leader blasts Tony Blair, says he is not fit to become EU’s first-ever president
Luxembourg PM rejects Blair as EU president Exasperated France, EU press for answer from Tehran on whether it accepts UN nuclear plan
France seeks answers from Iran on nuclear program EU approves Pepsi bottlers merger, no concerns of dominance in Europe
EU approves Pepsi bottlers merger LUXEMBOURG — The European Union on Tuesday approved the proposed takeover by PepsiCo Inc. of its two top bottling companies for $7.8 billion. EU scraps arms embargo against Uzbekistan, last sanction imposed after 2005 crackdown
EU scraps last Uzbek sanctions LUXEMBOURG — The European Union on Tuesday dropped the last remaining sanctions against Uzbekistan imposed after a 2005 crackdown on an uprising. EU targets worldwide emissions limits on ships, airlinesLUXEMBOURG - World shipping companies and airlines should be forced to cut their greenhouse-gas emissions by between 10 and 20 percent by 2020, European Union environment ministers agreed Wednesday. Billions of euros in the balance in EU East-West emissions rowLUXEMBOURG - Billions of euros’ worth of greenhouse-gas emission permits hung in the balance Wednesday as environment ministers from Eastern and Western Europe fought to break the European Union’s deadlock on climate change. EU tackles illegal fishing; fishermen to lose license after 4 infractionsLUXEMBOURG — The European Union agreed Tuesday on tougher penalties to counter illegal fishing, considered a major cause of the depletion of fish stocks in European waters, particularly of prized cod and bluefin tuna. Eurozone finance ministers to meet as euro strengthens, endangering exports, nascent recoveryLUXEMBOURG — Finance ministers from the 16 nations that use the euro meet for talks late Monday as the shared currency’s rise against the dollar hits European exports, endangering the continent’s fragile economic recovery. Britain’s Tony Blair seen as possible choice for new European Union presidential postLONDON — President Tony Blair? Don’t laugh, it could happen. European, Asian markets gain, Wall Street seen higher on open as US job losses easeLONDON — Stock markets mostly rose Friday after official data showed U.S. job losses eased somewhat in August, suggesting the world’s largest economy is recovering, although sluggishly. Meltdown 101: From China to Luxembourg to the Caribbean, a look at what countries hold US debtWASHINGTON — Many Americans know that China holds the most U.S. Treasury debt, followed by Japan. But who would expect a group of Caribbean countries would collectively come in fifth? ArcelorMittal CEO says steel business is recovering, posts third straight quarterly lossBRUSSELS — The world’s largest steel maker, ArcelorMittal SA, on Wednesday reported a loss of $792 million for the second quarter, its third consecutive quarterly loss, but said demand was recovering and that it would increase production. ECB holds steady, keeps its benchmark interest rate at 1 percentLUXEMBOURG — The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday, preferring to wait and see if its “spectacular” infusion of credit into the banking system will loosen lending to consumers and businesses in the euro zone’s struggling economy. EU agrees to ‘turn the page’ with the US on Guantanamo and accept detaineesLUXEMBOURG — The European Union agreed on Monday to help the administration of President Barack Obama “turn the page” on Guantanamo, saying individual EU nations will take detainees from the American prison in Cuba. EU welcomes Netanyahu’s backing of Palestinian state as “step in the right direction”LUXEMBOURG — The European Union called Israeli Prime Minister Benjamin Netanyahu’s backing for a Palestinian state a “step in the right direction” Monday, but questioned his stance on other disputed peace issues such as Jewish settlements and Jerusalem’s future status. EU foreign ministers call on Tehran to clarify resultLUXEMBOURG - European Union (EU) diplomats Monday called for an investigation into allegations of fraud in Iran’s presidential election, but stressed that they wanted better relations with the Islamic Republic. EU court voids asset freeze of terrorism suspect in UK; Cites lack of review, allows appealLUXEMBOURG — An EU court on Thursday voided a 2001 European Union decision to freeze the assets of a suspected Jordanian terrorist held in Britain, saying the case lacked a proper judicial review. German finance minister: major restructuring and wave of mergers for state-owned banksLUXEMBOURG — German Finance Minister Peer Steinbrueck said Tuesday that the German government foresees major restructuring and a wave of mergers for the country’s state-owned banks. EU finance ministers thrash out major financial supervision overhaulLUXEMBOURG — European Union finance ministers agreed Tuesday on the outlines of a major regulatory overhaul that would set up new agencies to oversee financial companies and a new watchdog to warn of major risks. EU to warn Germany, other euro nations on ballooning budget deficitsLUXEMBOURG — The European Commission said Monday that it will formally warn eight euro zone nations — including Germany, a champion of fiscal prudence— about ballooning budget gaps that will break EU rules. IMF: Timing of euro recovery is uncertain, calls for Europe to stress test banksLUXEMBOURG — The International Monetary Fund said Monday that the timing of economic recovery in the 16 nations that share the euro was “uncertain.” European Union nations expect to take in ‘dozens’ of ex-detainees from Guantanamo prisonLUXEMBOURG — European Union countries are likely to take in “several dozen” former prisoners from the U.S. detention center in Guantanamo Bay, an EU official said Thursday. EU calls for inquiry into Sri Lankan abuse allegationsLUXEMBOURG - The European Union (EU) foreign ministers have expressed concern over the human rights situation in Sri Lanka and called for an independent and credible enquiry into alleged violation of international humanitarian law, EuAsiaNews reported. Some 2,000 steel workers protest ArcelorMittal output freezeLUXEMBOURG — Steel workers attacked ArcelorMittal’s Luxembourg headquarters Tuesday during the company’s annual shareholders meeting, setting off smoke bombs and breaking through the front door to protest temporary layoffs during the economic slump. Report: Luxembourg PM criticizes tone of Germans’ campaign against tax evasionBERLIN — Luxembourg’s prime minister hit out at the tone of a campaign against tax evasion by Germany’s finance minister and his party leader, according to an interview published Sunday, the latest volley in a weeks-long spat. EU ministers fail to agree on banning flights to MexicoLUXEMBOURG - Health ministers from 27 European Union (EU) nations have failed to reach an agreement on a French call to temporarily ban all EU flights to Mexico in view of the deadly swine flu outbreak in that country. EU health ministers reject travel ban against Mexico; Swine flu hits 2 new EU nationsLUXEMBOURG — EU nations rejected a French proposal to ban flights going to Mexico at emergency health talks Thursday as a way to curb the spread of swine flu in Europe. |
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