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Posts related to ‘European Union’

Oil Tanker

European Union Investigates Crude Oil Price-Fixing

Posted: May 17, 2013 at 9:10 am

Two days ago, officials of the European Commission (EC), the executive arm of the European Union, raided the offices of Royal Dutch Shell PLC (NYSE: RDS-A), BP PLC (NYSE: BP), ...
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UPS plane

UPS Wants Clarification of EU Decision to Block TNT Express Deal

Posted: April 8, 2013 at 9:10 am

In late January, United Parcel Service Inc. (NYSE: UPS) said it was giving up on its $6.7 billion bid to acquire Dutch-based TNT Express N.V. following the European Union’s rejection ...
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Crumbling Greek flag with euro

No Surprise: Cyprus Debt Ratings Under Review

Posted: March 26, 2013 at 2:11 pm

Fitch Ratings has put Cyprus’s long-term foreign debt on a ratings watch with a possible negative outcome. The ratings agency has also capped its ratings on the ratings of all ...
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Euro

Europe Adopts Seven-year Austerity Budget

Posted: February 8, 2013 at 12:04 pm

U.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history that the project budget ...
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book store

Apple Gives Way on European E-book Pricing

Posted: December 13, 2012 at 11:23 am

In a settlement announcement today, the European Union’s competition commission formally accepted the offer from Apple Inc. (NASDAQ: AAPL) and four publishing houses that will substantially change the rules under ...
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Chinese Airline Orders 60 Planes from Airbus

Posted: November 23, 2012 at 9:23 am

At the beginning of this year, new, tougher carbon emissions rules went into effect for airplanes arriving or departing from EU airports. Complaints and protests came from every direction, but ...
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EU Demands $12 Billion in Penalties for U.S. Subsidies to Boeing

Posted: September 27, 2012 at 9:13 am

In a long-running dispute over subsidies paid to aircraft makers, the European Union (EU) today sought permission from the World Trade Organization (WTO) to impose $12 billion in tariffs on ...
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Google Reported to Agree on EU Antitrust Deal

Posted: July 24, 2012 at 2:37 pm

A two-year investigation into a European Union antitrust complaint against search giant Google Inc. (NASDAQ: GOOG) will apparently end with a settlement, not a protracted legal proceeding. That’s the report, ...
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Europe Prepares to Follow US Lead in Solar Anti-Dumping Complaint Against China

Posted: July 24, 2012 at 2:00 pm

Following the lead of several US solar panel makers, European solar makers are set to launch a complaint with the European Commission accusing China’s solar panel makers of selling solar ...
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China Prevails in European Antidumping Case — More on the Way?

Posted: July 19, 2012 at 10:39 am

The European Union’s Court of Justice today ruled in a long-running antidumping case that Chinese companies with the government as minority stakeholders cannot “automatically” be judged to be under significant ...
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IMF Pushes ECB on Bank Union, Fiscal Integration

Posted: July 18, 2012 at 12:56 pm

The European Union and the European Central Bank (ECB) can no longer just kick the can down the road if they hope to solve the financial crisis in the Eurozone. ...
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Eurozone May Industrial Production Surprises to the Upside

Posted: July 12, 2012 at 7:09 am

The European Union’s statistics office, Eurostat, reported this morning that industrial production among the 17 members of the Eurozone rose 0.6% month-over-month in May. Compared with May 2011, industrial production ...
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Gold, Oil Rising on Weak Dollar — and Something Else (USO, UGA, GLD, IAU, GDXJ, GDX)

Posted: June 29, 2012 at 1:34 pm

We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big ...
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Are Oil Traders Nuts?

Posted: June 29, 2012 at 8:08 am

In electronic trading this morning WTI crude is up more than 3.3% at $80.38 and Brent crude is up more than 2.8% at $94.04. The rise is certainly due to ...
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EU Industrial Production Dives Again

Posted: June 13, 2012 at 7:54 am

The European Union’s statistical agency, Eurostat, has released its report for April’s EU industrial production. Among the 17 members of the Eurozone, production fell -0.8% compared with March production, and ...
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