The European Union´s second-highest court on Wednesday rejected an appeal by Alitalia against conditions set by the European Commission for Italian state aid covering 1996 to 2000.
The Coca-Cola Co., the world´s largest beverage maker, has agreed to pay $137.5 million to settle a shareholder lawsuit that claimed company officials misrepresented or omitted information in public statements, causing the company´s stock price to be inflated.
Siemens AG plans to slash 16,750 jobs worldwide with about a third of the cuts coming in Germany, the conglomerate announced Tuesday, saying it needs to become more efficient as the worldwide economy slows.
Six-nation talks on North Korea´s nuclear program will resume this week in Beijing, South Korea´s chief nuclear envoy said Tuesday, according to the Yonhap news agency.
The Church of England has moved a step closer to ordaining women as bishops. Its governing body, the General Synod, passed a resolution Monday night allowing women bishops, acting over the objections of traditionalists who argued that Jesus only wanted men in leadership positions.
Italian opposition parties are planning to demonstrate Tuesday against Prime Minister Silvio Berlusconi´s attempt to pass legislation that critics say would protect him in an ongoing court case.
Microsoft said today it is willing to resume negotiations to buy all or part of Yahoo, but only if investor Carl Icahn succeeds in revamping the Sunnyvale Internet company´s board.
EU ministers have approved French proposals for a common policy to reform immigration rules across the union. Under the plan, countries would pledge to expel more illegal migrants, while promoting legal migration and a common asylum policy by 2010.
G8 nations, papering over deep differences, said today they would work toward a target of at least halving global greenhouse gas emissions by 2050 but emphasised they would not be able to do it alone.
The European Union plans to offer euro1 billion (US$1.6 billion) to develop farming in poorer countries hard-hit by food shortages and soaring prices, the European Commission president said Monday.
European Union regulators revised state-aid rules to give governments automatic approval for granting subsides for startup companies, innovation regional development, training and risk capital.
Last Thursday, Google was directed by a US district judge to share the login names and Internet addresses of its YouTube users with media company Viacom. The users of Google´s popular video-sharing Web site, YouTube, run into millions.
The price of petroleum will continue to rise because of ethanol, the weak dollar and political tensions, the oil cartel´s president was quoted as saying Sunday.
Starting Monday, FDA inspectors will expand the salmonella search beyond tomatoes to include cilantro, jalapeño and serrano peppers, scallions and onions.
The European Union and Russia said Friday they would discuss all aspects of energy cooperation — including access to energy markets — during negotiations on broader political and economic ties.
Google has bowed to pressure from privacy organizations to include a link on the company´s home page to its privacy policy.
The U.S. has done the least among the world´s eight biggest economies to address global warming, a study released Thursday found.
Vodafone Group Plc, the world´s biggest mobile-phone company, won a London lawsuit over the taxation of its European units based outside of the U.K.
A French judge has ordered Continental Airlines and five individuals to stand trial on charges arising from the crash of an Air France Concorde that killed 113 people in 2000.
North Korea says it will not take part in any further negotiations about its nuclear activities until the other five nations involved in the talks fulfill their obligations under a deal reached last year.
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