China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Tags: European Union
Greece Gets Release of Eur3 billion worth Aid, Remains Lashed to Tightness
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
Asian stocks rose with Europe rally, euro frets
Asian stocks were swept up by Europe's rally while Euro continued to sulk. On Friday, Asian stocks increased as Euro tended its losses. This transpired after Europe's two most influential banks assured venture capitalists.
Sources: EU and China on talks about solar panel deal
The European Union and China hope to defuse conflicts by negotiating about a solar panel deal. On Friday, the European Union and China were finally moving in the direction of a new contract.
Dayli Admitted to Concept Failure, Filed for Restructuring
Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.
Latest News
Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.
Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.
Honeywell Industries, which purchased Intermec for US$600 million, has obtained approval from the European Commission.
French President Francois Hollande calls out European Union to resolve the row with China on importations.
Cisco is seeking EU intervention on its claims of monopolistic effect of Microsoft's purchase of Skype.
China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.
EU advises France to lower its budget deficit. Michel Barnier, the EU Internal Market Commissione advised the French government to undertake its planned reforms.
Telenor Serbia and Societe Generale Srbijia would divvy up assets of KBC Banka. KBC, the banking and insurance group from Belgium, announced that it had agreed to sell its Serbian subsidiary KBC Banka.
