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  • Stocks slide as Europe slashes its growth forecast

    November 7, 2012 10:06 AM

    Stocks are opening sharply lower on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain. Index futures had been higher early Wednesday but reversed course after the European Union slashed its growth forecast for next year, sending European... more »
  • Iran leader: Stop exporting oil, make new economy

    July 29, 2012 5:50 PM

    TEHRAN, Iran (AP) - Iran's supreme leader has outlined a new approach to overcome Western sanctions - stop selling oil and build knowledge-based industries instead. Ayatollah Ali Khamenei's says what he calls a "resistant economy" can effectively counter the sanctions. This month the European Union enforced a ban on oil... more »
  • EU says Congo election "not credible"

    March 29, 2012 10:00 PM

    KINSHASA, Congo (AP) - The European Union has concluded that the recent presidential election in Congo, which was marked by massive logistical problems, is not credible The observation mission said in its final report, which is being published nearly four months after the November vote, that they consider the results... more »
  • AP source: US to bring trade case against China

    March 12, 2012 8:26 PM

    WASHINGTON (AP) - The Obama administration is bringing a new trade case against China that seeks to pressure the rising economic power to end its export restrictions on key materials used to manufacture high-tech good. Senior administration officials say the U.S. will ask the World Trade Organization to facilitate talks... more »
  • EU report says Nicaragua vote lacked transparency

    February 22, 2012 5:43 PM

    MANAGUA, Nicaragua (AP) - A European Union observer team says there were irregularities in Nicaragua's presidential elections in November. EU mission representative Luis Yanez says there was lack of transparency in the process and is calling for election reform in the Central American nation. A report read by Yanez on... more »
  • Intel faces antitrust lawsuit from FTC

    December 16, 2009 9:40 AM

    The Federal Trade Commission is suing Intel Corp., accusing the world's biggest chip maker of using its size to snuff out competition. The FTC says Intel, which makes the microprocessors that run personal computers, has shut rivals out of the marketplace. In the process, the FTC says Intel has deprived... more »
  • EU drops Microsoft browser charges

    December 16, 2009 8:51 AM

    The European Union is dropping antitrust charges against Microsoft Corp. after the company agreed to give Windows users a choice of up to 12 other Web browsers. Microsoft will avoid further EU fines if it sticks by a binding deal with EU regulators to provide a pop-up screen that lets... more »
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