British Regulator Appoints Senior Investment Banking Adviser
Mr. Samuel, who currently is vice chairman at the advisory firm Lazard and has held several positions at Citigroup, starts his role on Monday. The announcement comes as British politicians are outlining major regulatory changes in the wake of themore
Banking Organization to Buy Stake in Russian Stock Market
The E.B.R.D., an institution based in London that promotes free market economies in former Soviet countries, said it would acquire slightly more than 6 percent of the MICEX-RTS stock exchange in Moscow. As part of the agreement, the E.B.R.D., whosemore
One Sip Says Portugal
The wine panel recently tasted 20 reds from Douro, a fascinating, rapidly evolving region.more
Ukraine Goalkeeper Banned For Doping
Goalkeeper Oleksandr Rybka of the Ukrainian football club Shakhtar Donetsk has been banned by the European football federation, UEFA, for two years after testing positive for a prohibited substance. Rybka, 24, failed a doping test, testing positive for amore
Norway jails two for terror plot
A Norwegian court has convicted two men of planning to attack Danish newspaper Jyllands-Posten after it printed cartoons of the Prophet Muhammad. The convictions were the first under Norway's anti-terrorism legislation. Mikael Davud, a Norwegian frommore
Belgium travel strike as summit begins
Brussels, Belgium (CNN) -- Strikes by trade unions in Belgium disrupted travel Monday on the Eurostar and Thalys international train lines, the companies announced, as European leaders gathered in the capital Brussels for an informal summit. Eurostarmore
Italy yields fall at bonds sale
Italy's longer-term borrowing costs fell to their lowest since October at a bond sale today seen as a test of the country's ability to raise the funds it needs to meet this year's heavy refinancing schedule. The country paid almost a full percentagemore
British Regulator Appoints Senior Investment Banking Advisor
Mr. Samuel, who currently is vice chairman at the advisory firm Lazard and has held several positions at Citigroup, will start his role on Monday. The announcement comes as British politicians are outlining major changes to the country?s regulation inmore
FRANCE: Critics pound on Sarkozy's plans for French economy
French President Nicolas Sarkozy has come under fire from his rivals for the Elysée Palace after announcing a series of reforms aimed at reviving his country?s ailing economy. Sarkozy took to the screens of no less than six French TV channels onmore
Letter from Europe: The Perils of Playing Politics With History
PARIS At a time when Europes future seems so murkily ill-defined, when people fret about paychecks and their abrupt disappearance, a jittery currency and suffocating debt, the past might seem the last place to look for salvation. Yet, in recent days,more
European stocks slide on Greek fears before EU summit
_ AFP - European stock markets and the euro fell Monday on stubborn fears over the plight of debt-ridden Greece, before a key EU summit that will seek to focus on restoring economic growth, traders said. London's FTSE 100 index of top shares dropped 0.87more
In Paris, Finding All That Glitters
The haute joaillerie on display last week in the Place Vendôme reveled in an artisanal approach and in nature, with symbols of birds, stylized flowers and rustic lattice.more
Dutch to target file-sharing ISPs
The Netherlands plans to crack down on internet service providers (ISPs) that allow access to file-sharing sites such as Pirate Bay, though it will not make it an offence for individuals to download from these sites. Wiebe Alkema, a spokesman for themore
Cycle route links UK, Jersey and France
There are plans for a 220-mile (350km) cross-channel cycle tour linking the UK, Jersey and France. Dorset County Council is planning improvement work to the county's cycle network, including a link to Weymouth's cross-Channel ferry terminal. It wouldmore
Wulff's Lair: German Police Search Presidential Offices
German President Christian Wulff and his former spokesman, Olaf Glaeseker. Investigators have searched the presidential office of Olaf Glaeseker, the former spokesman of German President Christian Wulff, in a corruption probe. Opposition politicians saymore
Spain airline suddenly collapses
Spanair collapses, stranding 20,000 people Please turn on JavaScript. Media requires JavaScript to play. Hundreds of flights were cancelled after the company stopped operating on Friday Spain's fourth-largest airline Spanair has collapsed, leaving moremore
Dutch to target file-sharing ISPs
The Netherlands plans to crack down on internet service providers (ISPs) that allow access to file-sharing sites such as Pirate Bay, though it will not make it an offence for individuals to download from these sites. Wiebe Alkema, a spokesman for themore
Injury hit Wales delay naming team
Rugby: Welsh coach Warren Gatland has delayed the naming of his Wales team to face Ireland because of injury concerns to Rhys Priestland and Dan Lydiate. Gatland has given outhalf, Priestland (knee) and blindside flanker Lydiate (ankle) until Friday tomore
Royal Bank of Scotland Chief Waives Bonus
Simon Dawson/Bloomberg NewsThe Royal Bank of Scotland?s offices in London. LONDON ? The chief executive of the Royal Bank of Scotland, which was effectively nationalized during the financial crisis, has decided to turn down his bonus after comingmore
Dutch to crack down on file-sharing
The Netherlands plans to crack down on internet service providers (ISPs) that allow access to file-sharing sites such as Pirate Bay, though it will not make it an offence for individuals to download from these sites. Wiebe Alkema, a spokesman for themore
Former New Zealand rugby coach slams England
Former New Zealand rugby union coach Graham Henry, seen here in 2011, blasted rivals England as the "world champions at wasting talent". AFP - Former New Zealand rugby union coach Graham Henry on Monday blasted rivals England as the "world champions atmore
Injury-hit Wales delay naming team
Injury hit Wales delay naming team Rugby: Welsh coach Warren Gatland has delayed the naming of his Wales team to face Ireland because of injury concerns to Rhys Priestland and Dan Lydiate. Gatland has given outhalf, Priestland (knee) and blindsidemore
Royal Bank of Scotland Chief Turns Down Bonus
Simon Dawson/Bloomberg NewsThe Royal Bank of Scotland?s offices in London. LONDON ? The chief executive of the Royal Bank of Scotland, which was effectively nationalized during the financial crisis, has decided to waive his bonus after coming undermore
Injury hit Wales delay naming team to face Ireland
Rugby: Welsh coach Warren Gatland has delayed the naming of his Wales team to face Ireland because of injury concerns to two players. There are continuing doubts over the fitness of Rhys Priestland and Dan Lydiate. Gatland has given outhalf, Priestlandmore
Spain's economy contracts by 0.3%
Spain's economy shrank by 0.3% in the last quarter of 2011 from the previous three months, official figure indicate. The Spanish statistics office also confirmed that there had been zero growth in the third quarter. It is widely expected that Spain willmore
Strike Grips Belgium Ahead of European Union Summit
Belgium was paralyzed by a national strike Monday as unions, angry at austerity measures, timed their protest to coincide with a one-day meeting of European Union leaders in the capital, Brussels.more
E.U. Leaders Set to Conclude Austerity Is Not Enough
Bowing to mounting evidence about the risks of plunging fragile economies into a downward spiral, a draft summit meeting communiqué calls for "growth-friendly consolidation."more
Transport concern for London 2012
: Workers on London's Underground rail network have rejected a bonus offer covering the Olympics, raising fears that services could be disrupted during the Games this summer. The RMT union said the offer from management at publicly owned Londonmore