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1772 Resources for

european commission and finance

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European Commission Report Assesses European Trade Strengths in a Changing Global Economy: WASHINGTON -- A new European Commission report on the competitiveness of the European Union in the global economy has found that in a highly competitive environment, the EU has broadly maintained its world market share, while the U.S. and Japan have lost ground. The EU remains the world's biggest exporter...; Tags: European Commission, FINANCE, Investment, Manufacturing; Research articles 2008-10-27
Invitrogen Files Merger Notification With European Commission: CARLSBAD, Calif. -- Invitrogen Corporation (NASDAQ:IVGN) today announced that it has filed the necessary formal notification to the European Commission with respect to its pending acquisition of Applied Biosystems Inc. (NYSE:ABI). Under European Commission rules, the Commission has 25 business days following the date of notification to respond to the...; Tags: European Commission, FINANCE, Investment, Invitrogen Corp., merger; Research articles 2008-10-07
EC to investigate "illegal" Danish subsidy: AN investigation has been launched by the European Commission EC following accusations that Danish State Railways DSB has received illegal subsidies from the country's Transport Ministry. Arriva and Connex have filed a complaint through Danish Collective Transport alleging that DSB has been exempted from a tax based on wage...; Tags: accusation, European Commission, FINANCE, subsidy, Taxes; Research articles 2008-10-01
Corporate investment bank Arcapita, Bahrain, has won clearance from the European Commission to acquire freight operator Freightliner: Corporate investment bank Arcapita, Bahrain, has won clearance from the European Commission to acquire freight operator Freightliner (IRJ June p4). The acquisition includes Freightliner's British intermodal and bulk haulage operations, as well as its Polish arm, which was launched last year.; Tags: Bahrain, clearance, European Commission, FINANCE, Investment; Research articles 2008-09-01
Brussels approves Delta's bid for Northwest Airlines: BRUSSELS AFP — EU regulators on Wednesday approved a bid by Delta Airlines of the United States for its smaller rival Northwest, smoothing the way towards the creation of the world's biggest airline. The European Commission announced it had decided "that the transaction would not significantly impede effective competition...; Tags: Delta Air Lines Inc., European Commission, FINANCE, Government, Investment, Northwest Airlines Corp., Regulations; Research articles 2008-08-06

EC issues recommendation on limiting auditor liability: A EUROPEAN COMMISSION EC recommendation will allow individual European Union EU member states to determine their own method to limit civil liability for audit firms arising from a breach of professional duties. The guidance is in response to increased litigation in the audit sector in Europe and is intended to...; Tags: audit, European Commission, FINANCE; Research articles 2008-08-01
LAW BRIEFS: EC: new cartel procedure The European Commission EC has introduced a new settlement procedure that it says will allow cartel cases to be settled more quickly. Under the new system, if parties look at the EC's evidence and choose to acknowledge their involvement and liability for the cartel, their fine...; Tags: directive, European Commission, FINANCE, payment; Research articles 2008-07-31
European Commission approval obtained for HP's acquisition of EDS: TELECOMWORLDWIRE-28 July 2008-European Commission approval obtained for HP's acquisition of EDSC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Information technology services company HP (NYSE:HPQ) announced on Friday (25 July) that the European Commission has approved, without conditions, HP's planned acquisition of Electronic Data Systems Corporation EDS. HP and EDS had signed...; Tags: acquisition, Electronic Data Systems Corp., European Commission, FINANCE, Hewlett-Packard Co., Investment, Litigation; Research articles 2008-07-28
HP Announces European Commission Approval of EDS Acquisition; Agrees to Settle Litigation Relating to Acquisition: PALO ALTO, Calif. -- HP (NYSE:HPQ) today announced that the European Commission has approved without conditions HP's planned acquisition of Electronic Data Systems Corporation. HP and EDS announced on May 13, 2008, that they had signed a definitive agreement under which HP will purchase EDS at a price of...; Tags: acquisition, Electronic Data Systems Corp., European Commission, FINANCE, Hewlett-Packard Co., Investment, litigation, SEC; Research articles 2008-07-25
Vattenfall Europe cedes to EU Commission, plans to sell electric grid: FRANKFURT AFP — Vattenfall Europe, a leading German energy company, said Friday it will sell off its electricity distribution network, as requested by the European Commission. "We have studied the options in the past months and came to the conclusion that a sale of our high-tension lines to a...; Tags: Agence France-Presse, European Commission, FINANCE, Government; Research articles 2008-07-25
EU plans in the works for free fruit in schools: BRUSSELS AFP — European schoolchildren could soon receive free fruit at school as part of an EU effort to keep them from becoming overweight, according to a European Commission proposal due on Tuesday. EU Agriculture Commissioner Mariann Fischer Boel aims to get a budget of 90 million euros (141...; Tags: Agence France-Presse, European Commission, FINANCE, SALES; Research articles 2008-07-08
France: Highlights and Key Issues * GDP growth in Q1 was revised to 0.5% from 0.6%, with a good performance in the business sector partly offsetting stagnating consumer spending. We now see GDP growth averaging 1.6% in 2008, and expect it to moderate further to 1.5% in 2009 as a result...; Tags: European Commission, FINANCE, France, Government, income, inflation, president; Research articles 2008-07-02
EU to shut down industrial bluefin tuna fishing early: BRUSSELS AFP — The European Commission said on Friday it was shutting down industrial tuna fishing in the Mediterranean and eastern Atlantic for the rest of the year because quotas for 2008 were nearly full. The move targets fishing by purse seiners, which encircle whole schools of fish and...; Tags: Agence France-Presse, Brussels, European Commission, FINANCE, Investment, quota, SALES; Research articles 2008-06-13
EC issues ultimatum on 'hidden' state aid: the European Commission has told governments they have 18 months to stamp out aid to railways hidden in loan guarantees and national budgets: THIS really is "the final whistle," said Mr Benoit Le Bret, chief of staff to transport commissioner Mr Jaques Barrot, as he presented the European Commission's EC latest guidelines on state aid for railway operators. "We know there is state aid being hidden. There are government loan guarantees and aid...; Tags: European Commission, FINANCE, Government, Investment, SOFTWARE, stock; Research articles 2008-06-01
EU leaders tread carefully ahead of Irish treaty vote: BRUSSELS AFP — With a potentially perilous European treaty referendum approaching in Ireland, EU leaders are doing their utmost to avoid any sensitive issues that might encourage a "No" vote and spark a new crisis. Whether it be defence or farm policy, taxes or the budget, the leaders are...; Tags: European Commission, FINANCE, Ireland, leader, Leadership, Taxes, treaty; Research articles 2008-05-29
GERMAN VINEYARD MUST PAY BACK STATE AID.: The European Commission decided, on 20 May, that aid amounting to 541,859 granted by the Land Hessen to Hessische Staatsweinguter - the biggest vineyard in Germany, owned by the Land Hessen - in the period before 2002 did not comply with EU state aid rules and has...; Tags: European Commission, FINANCE, Germany, Investment, SALES; Research articles 2008-05-29
FISHERIES AID : GROWING CALLS FOR RELAXATION OF DE MINIMIS' RULE.: France, confronted by the protest movements of its fishermen, appears to have found some allies in its request for a relaxation of the restrictions imposed by the EU on the payment of public aid to this sector afflicted by the strong rise in the price of diesel....; Tags: ceiling, European Commission, FINANCE, France; Research articles 2008-05-29
EADS-SUEZ BUY OF TARMAC AEROSAVE AUTHORISED.: The European Commission cleared, on 15 May, the acquisition of joint control of TARMAC Aerosave SAS France by EADS NV the Netherlands and Sita France SA, controlled by the French Suez Group. EADS is active in aerospace, defence and related services. Suez manages public utilities in...; Tags: aircraft, European Commission, FINANCE, France, Investment, Manufacturing, Netherlands; Research articles 2008-05-28
CEZ-MOL JV CLEARED.: The European Commission cleared, on 15 May, the acquisition of joint control of a newly created company constituting a joint venture by CEZ a.s. Czech Republic and MOL Magyar Olaj- es Gazipari Nyilvanosan M kod Reszvenytarsasag Hungary. EZ is an integrated energy conglomerate. MOL...; Tags: European Commission, FINANCE, Hungary, Investment; Research articles 2008-05-28
EU PROBES STATOIL BUY OF JET STATIONS.: The European Commission opened a detailed investigation, on 14 May, into Norwegian oil company StatoilHydro's proposed acquisition of Jet petrol stations in Scandinavia, currently owned by ConocoPhillips of the USA. The Commission fears that the transaction could limit competition on the motor fuel retail markets in...; Tags: ConocoPhillips Co., European Commission, FINANCE, Investment, SALES, Scandinavia; Research articles 2008-05-28