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14 May 2013 BP and Shell are being investigated over allegations that they have fixed petrol prices for more than a decade. European Commission investigators raided the offices of several major oil companies yesterday as they launched a far-reaching
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The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, people close to the matter said. EU trade chief Karel De Gucht is set to
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European authorities are investigating trading activities of Royal Dutch Shell , the oil major said on Tuesday, and pricing agency Platts also confirmed a review by the European Commission. "We can confirm that Shell companies are currently assisting
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Valery Hache/Agence France-Presse Getty Images Cannes, France, is preparing for the opening on Wednesday of the 66th edition of its film festival. In a nod to American cinema the official poster features Paul Newman and Joanne Woodward. France is
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Small change in the euro, one and two-cent coins, expensive to make and a nuisance for many, may have no future, the European Commission said Tuesday. Small and awkward they may be: but they have cost the eurozone about 1.4 billion since 2002, the
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Visa Europe , the European licensee of Visa Inc. , has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition
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Germany distanced itself on Monday from the European Commission's proposal to impose punitive import duties on solar panels from China, saying it would prefer an amicable solution. "It was always the Chancellor's conviction that the best would be an
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Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies. There are so many similarities that some investors have wondered whether Malta
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All sectors have their own mood music, unobtrusive much of the time, but occasionally brought to startling effect into the foreground, dominating all else. The pharmaceutical industry is no different, and at present there is one insistent theme:
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Recession-battered Portugal has been a bad-news factory since the 2008 financial crisis. But it can boast at least one accomplishment: Its burgeoning renewable power market is setting records. In the first quarter of this year, renewable energy
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