Stressed bankers cool off on the ice

Friday, July 11th, 2008

The ice rink offered sweet release for Paul Ardire, an analyst at Deutsche Bank AG, as credit markets unraveled last autumn. Ardire straps on his skates twice a week as captain of two ice-hockey teams the bank sponsors at Chelsea Pie ...

Maghreb seeking full partnership status in proposed union

Friday, July 11th, 2008

The mainly Arabic-speaking Maghreb countries want to be seen as full partners within the proposed Union for the Mediterranean despite the existence of marked disparities between the two shores of the sea that separates Europe from Africa. ...

S Korea suspends tour to DPRK’s Mount Geumgang

Friday, July 11th, 2008

South Korea announced on Friday to suspend tour to Mount Geumgang in the Democratic People's Republic of Korea (DPRK) after a female South Korean was shot dead in the DPRK. "We will shelve the program starting tomorrow until a probe ...

Belgium approves Lisbon Treaty

Friday, July 11th, 2008

The parliament of the northern Belgian region of Flanders approved the Lisbon Treaty on Thursday, making Belgium the 22nd European Union (EU) member state to complete the ratification process of the EU treaty. The Flemish parliament ...

Former Peruvian president Fujimori undergoes new surgery

Friday, July 11th, 2008

Former Peruvian President Alberto Fujimori underwent new cancer surgery here Thursday to remove infected tissue from his tongue. The surgery, which removed two bumps (leukoplakia) from Fujimori's tongue in the National Institute of ...

Siemens plans to cut more than 16,000 jobs

Wednesday, July 9th, 2008

Siemens AG, Europe's largest engineering company, plans to cut 16,750 jobs as it seeks to boost profit margins to the level of its competitors. Siemens aims to eliminate 5,250 jobs in Germany, Chief Executive Officer Peter Loescher said ...

EU to step up regulation of credit rating agencies

Wednesday, July 9th, 2008

European Union (EU) finance ministers agreed on Tuesday to step up the regulation of credit rating agencies by requiring them to register in Europe. "There is an agreement on rating agencies," French Finance Minister Christine Lagar ...

EP adopts legislation to include aviation in ETS from 2012

Wednesday, July 9th, 2008

The European Parliament (EP) adopted on Tuesday a legislation on including aviation in the European Union's Emissions Trading System (ETS) from 2012. The EP passed the legislation with a vote of 640 in favor, 30 against and 20 abste ...