| European Business & Economy Headlines |
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| Economy - Tuesday
(Investor's Business Daily)
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| Investor's Business Daily - In an effort to rescue the Doha round of trade talks, Trade Representative Susan Schwab said the U.S. offered to slice its trade-distorting farm aid by an additional $1.4 bil to $15 bil. The offer is contingent on Brazil, India and other emerging economies cutting tariffs on industrial goods, a key demand of rich nations in the World Trade Organization's seven-year-old talks. Emerging countries want the U.S. cap set near $12 bil. The EU and Japan also offered steep cuts. Rising prices cut U.S. spending on farm subsidies to roughly $7 bil last year, below the $48.2 bil allowed under WTO rules. -- read full article |
| Tue, 22 Jul 2008 22:41:03 GMT - Yahoo! News: Business - European Economy |
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| U.S. offers farm subsidy cut, is asked for more
(Reuters)
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| Reuters - The United States offered on Tuesday to
cut its ceiling on trade-distorting farm subsidies to $15
billion in a bid to close world trade talks this year, but
leading developing countries said it was not enough.
-- read full article |
| Tue, 22 Jul 2008 14:41:08 GMT - Yahoo! News: Business - European Economy |
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| EU bid to steal show at WTO falls flat
(AFP)
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| AFP - A bid by the European Union to kickstart crucial trade talks with a new-sounding offer on agriculture tariffs fell flat on Monday with Brazil denouncing the proposal as "gimmickry".
-- read full article |
| Mon, 21 Jul 2008 20:15:49 GMT - Yahoo! News: Business - European Economy |
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| Trade powers struggle to save WTO round
(Reuters)
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| Reuters - The United States, the European Union
and emerging economic heavyweights will try again on Tuesday to
line up the long-elusive trade-offs needed to save a deal to
dismantle export barriers around the world.
-- read full article |
| Mon, 21 Jul 2008 23:24:38 GMT - Yahoo! News: Business - European Economy |
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| London shares close higher
(AFP)
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| AFP - Leading shares closed higher for the third successive day Monday, with Bank of America's results helping Wall Street remain in positive territory, as well as boosting the UK banking sector.
-- read full article |
| Mon, 21 Jul 2008 16:17:39 GMT - Yahoo! News: Business - European Economy |
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| Teva to buy Barr Pharma for more than $7 billion
(AP)
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| AP - Teva Pharmaceutical said Friday it will buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker.
-- read full article |
| Fri, 18 Jul 2008 20:06:13 GMT - Yahoo! News: Business - European Economy |
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| London shares close at day's high
(AFP)
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| AFP - Leading shares closed at a day's high Friday as Wall Street recovered from lows and banks rebounded following an upbeat quarterly report from Citigroup which helped to offset losses in the mining sector.
-- read full article |
| Fri, 18 Jul 2008 16:15:51 GMT - Yahoo! News: Business - European Economy |
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| Teva to buy Barr Pharma for more than $7 billion
(AP)
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| AP - Teva Pharmaceutical said Friday it will buy rival generic drug company Barr Pharmaceuticals for more than $7 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker. -- read full article |
| Fri, 18 Jul 2008 15:23:16 GMT - Yahoo! News: Business - European Economy |
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| FTSE 100 makes gains
(AFP)
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| AFP - The London stock market gained ground in opening deals on Thursday after turbulent trade this week, with a gain of 1.74 percent in early morning deals.
-- read full article |
| Thu, 17 Jul 2008 09:39:11 GMT - Yahoo! News: Business - European Economy |
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