More details on the ax attack by a 17-year-old asylum-seeker emerged, as Germany said such events were "extremely difficult" to prevent. » Read More
BRUSSELS, Oct 4- Airlines cannot use strikes as an excuse not to pay compensation to travellers they bump off flights, Europe's highest court said on Thursday, widening the scope of passenger rights in the European Union. Under EU rules, travellers on flights starting or ending in the European Union are entitled to up to 600 euros for being bumped off.
NICOSIA, Cyprus-- Cyprus is aiming to get a bailout of about 11.5 billion from the other 16 countries that use the euro to recapitalize its troubled banks and pay its bills, officials said Thursday _ significantly less than what its potential rescuers estimate it needs.
DUBLIN, Oct 4- Ryanair on Thursday held out fresh concessions to win approval to take over Aer Lingus, offering to move some of its rival's planes to continental Europe to operate non-Irish routes and allay concerns about a near monopoly in the domestic market.
BRUSSELS, Oct 4- Ablynx NV:. *Hopes partnering deal on ALX-0061 closed after 24 week analysis. *24- week analysis due Q1 nxt yr.
*EU Commission writing strategy to tackle attacks. BRUSSELS, Oct 4- European Commission computer experts orchestrated attacks on mock Internet sites in Europe's largest ever cyber-security exercise on Thursday to uncover weaknesses in the computer systems of major European banks.
LONDON, Oct 4- Russian bond trading is set to become easier for the world's top investment banks under a deal cut by the Russian stock market and one of Europe's top share settlement firms.
BRUSSELS-- EU Energy Commissioner Guenther Oettinger said Thursday the cost of necessary improvements at the 145 nuclear reactors in the European Union could be as high as 25 billion over the coming years.
BRUSSELS, Oct 4- The European Union is poised to ban imports of Iranian gas into Europe as part of its efforts to ratchet up pressure on the Islamic Republic over its nuclear programme, diplomats said on Thursday.
BRUSSELS, Oct 4- EU competition regulators approved on Thursday a 220- million-euro capital injection for Hypo Tirol Bank after the state-owned lender agreed to scale down its operations and cut its balance sheet as part of a revamp.
OSLO, Oct 4- Norwegian gas exports to Europe remained broadly stable on Thursday morning, data from Norway's gas system operator Gassco showed. Exports to Europe including Britain totalled 290 million cubic metres per day at 0615 GMT compared to 289.7 mcm daily average on Wednesday.
BRUSSELS, Oct 4- Ablynx NV:. *Ablynx reports excellent interim results from phase i/ii study with its. anti-il-6r nanobody, ALX-0061, in rheumatoid arthritis patients.
Yiannis Stournaras said "fairly large" differences remain with debt inspectors from the so-called "troika" of the International Monetary Fund, European Union and European Central Bank. We shall see, "he told journalists after briefing Prime Minister Antonis Samaras on the day's negotiations in Athens.
BRUSSELS, Oct 3- Britain warned on Wednesday it would be unacceptable for the European Central Bank to have too dominant a role in a new system of supervision designed to watch over the region's banks.
BRUSSELS, Oct 3- European Union lawmakers should rethink their decision to bolster "monopolies" in processing vast swathes of derivatives transactions from next year, Britain said on Wednesday.
BALTIMORE-- Johns Hopkins University says it will lead an international team of researchers studying how to improve wind farm design. The university said Tuesday that the National Science Foundation has awarded $6 million in grants to help fund the work.
BRUSSELS, Oct 3- Ireland urged euro zone leaders on Wednesday to stick to a deal allowing the bloc's rescue fund to assist its ailing banks, in a move to head off threats that the agreement could be unwound.
BRUSSELS-- The 17 countries that use the euro would have to enter into contracts with the European Union that would bind them to implement specific economic policies and reforms, under proposals that would amount to a significant increase in power for the central EU government.
BRUSSELS, Oct 3- Belgium's largest supermarkets engaged in price fixing of personal hygiene products, including soap and toilet paper, an expert at Belgium's competition board has ruled. It can be expected that the fines will be substantial, "said Bert Stulens, auditor general for Belgium's competition watchdog.
BRUSSELS, Oct 3- Banking supervision, the single market, a centralised euro zone budget, a single bank resolution fund, direct recapitalisation of banks from rescue funds and much stricter fiscal oversight.
BRUSSELS, Oct 3- European leaders have clearly agreed that the euro zone's rescue fund, the European Stability Mechanism, should be able to directly recapitalise banks once a supervisory mechanism has been put in place, the president of the European Commission said on Wednesday.