Belgium Business News

While EU regulators did not name any specific company, Philips confirmed receiving a "statement of objections" from the commission. It also vowed to cooperate in the investigation. "Philips will study the statement of objections in detail and will prepare its...

Consumers who make up their own packages of flights, hotels and car rentals on one website or partner sites could get more protection. Currently, only those who have booked specific package deals have rights to cancel or refunds if operators...

Chancellor Angela Merkel said on Wednesday she saw "good prospects" for Opel's German plants after the carmaker's parent, General Motors, presented a restructuring plan for its European unit. Germany will take the brunt of the roughly 9,000 job cuts that...

The nationalised bank set aside €242m to cover bad loans from both businesses and consumers in the third quarter. Last week, finance minister Wouter Bos gave ABN Amro a further €4.4bn capital injection to smooth its merger with Fortis Nederland...

Half of the losses suffered by banks could still be hidden in their balance sheets , more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn , was quoted as saying on Tuesday. In...

The dollar firmed on Tuesday after recent sharp losses as investors largely stayed on the sidelines ahead of the US Thanksgiving holiday later in the week, dealers said. In late morning trading here, the euro eased to 1.4931 dollars from...

The European Commission closed antitrust proceedings against Qualcomm as big technology companies dropped their four-year old complaints against the U.S. mobile chip supplier. The Commission's decision came as Ericsson , the world's biggest mobile network equipment maker, and Texas Instruments...

It will mark the third time the partnership has gone to Europe in an attempt to attract businesses to northeast Indiana. Dale Buuck of the partnership will accompany a delegation hosted by the Center for Automotive Research in Ann Arbor,...

AT A time when the Federal Government desperately wants to start reducing the nation's carbon emissions, it needn't look much further than the gas guzzlers in the Government car parks. Government vehicle fleets emitted more carbon dioxide per vehicle than...