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Herman Van Rompuy (R) speaks with Didier Reynders (© AFP - John Thys)

Troubles mount for EU bid to re-draw economic government

BRUSSELS (AFP) - Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.

Published 3 days, 23 hours, 22 minutes ago

A worker sorts out oil palm bunches before processing them at a factory in Dengkil, on the outskirts of Kuala Lumpur (© AFP/File - Saeed Khan)

Malaysia's once-vaunted biofuel industry grinds to halt

KUALA LUMPUR (AFP) - Malaysia's once-vaunted biofuel industry has seen production grind to a halt since a March announcement that the government's mandatory switch to the green energy will be delayed to June 2011.

Published 4 days, 1 hour, 11 minutes ago

Russian acrobats form part of the Sochi 2014 performance in Vancouver in February (© AFP/Getty Images/File - Kevork Djansezian)

Sochi Olympic contractor CEO fired for alleged corruption

MOSCOW (AFP) - The chief of a top contractor building infrastructure for the 2014 Winter Olympic Games in the Russian city of Sochi has been fired in a corruption scandal, its holding company announced Monday.

Published 4 days, 1 hour, 50 minutes ago

The General Motors Company World Headquarters in Detroit, Michigan (© AFP/Getty Images/File - Bill Pugliano)

Abu Dhabi's giant wealth fund hires GM's chief economist

ABU DHABI (AFP) - Abu Dhabi Investment Authority (ADIA), the world's largest sovereign wealth fund, has hired General Motors' Ted Chu as its chief economist, the investing firm said on Monday.

Published 4 days, 1 hour, 56 minutes ago

Passengers wait to board an underground train at Liverpool Street Station (© AFP - Carl Court)

Tube workers start 24-hour strike

LONDON (AFP) - Workers on London's Underground train system started a 24-hour strike over staffing cuts on Monday, threatening disruption for millions of commuters.

Published 4 days, 2 hours, 25 minutes ago

An A320 Airbus aircraft (© AFP/File)

WTO to issue Boeing subsidies verdict Sept. 15: source

BRUSSELS (AFP) - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.

Published 4 days, 3 hours, 24 minutes ago

Workers have not yet agreed to the government's latest wage offer (© AFP/File - Rajesh Jantilal)

South African public workers suspend strike

JOHANNESBURG (AFP) - South African civil servants have suspended their three-week-old strike, a union leader said Monday, but warned workers have not yet agreed to the government's latest wage offer.

Published 4 days, 4 hours, 42 minutes ago

"The rebate for Britain has lost its original justification," Janusz Lewandowski said (© AFP/File - John Thys)

EU budget chief attacks British rebate

BRUSSELS (AFP) - The European Union's budget commissioner took a swipe on Monday at the billions of euros which Britain gets back from the EU budget.

Published 4 days, 4 hours, 51 minutes ago

Hundreds of teachers demonstrate in the streets of Paris against reforms and proposed job cuts (© AFP - Bertrand Langlois)

Sarkozy faces protest against raising retirement age

PARIS (AFP) - French teachers went on strike Monday on the eve of a nationwide general stoppage called by trade unions opposed to President Nicolas Sarkozy's plans to raise the minimum retirement age from 60 to 62.

Published 4 days, 5 hours, 3 minutes ago

Lenihan said a clear course had to be charted for the future of Anglo Irish (© AFP/File - Peter Muhly)

Anglo Irish Bank won't bankrupt country: minister

DUBLIN (AFP) - Mounting debts in the state-owned Anglo Irish Bank will not bankrupt the country, Irish Finance Minister Brian Lenihan said on Monday as he held talks in Brussels on the future of the bailed-out lender.

Published 4 days, 5 hours, 51 minutes ago

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