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The European Union


  • BRUSSELS, May 6- European Union antitrust regulators opened an investigation into cross-border e-commerce on Wednesday in a move aimed at removing borders to online sales as part of a broad strategy to overhaul the bloc's digital market. European Competition Commissioner Margrethe Vestager had announced her intention in March to open the sector inquiry. 1/...

  • LUXEMBOURG, May 5- In a clash of corporate titans over naming rights in a fast-changing industry, Microsoft and its Skype phone service came out on the losing side of an EU court battle on Tuesday with Rupert Murdoch's television business Sky. Judges at the General Court of the European Union in Luxembourg upheld a complaint that the British broadcaster lodged a...

  • European markets close: Heavy selloff   Tuesday, 5 May 2015 | 11:27 AM ET
    European markets close: Heavy selloff

    CNBC's Simon Hobbs reports on all the market moving events in Europe today. Markets sold off heavily today, as yields rise.

  • BRUSSELS, May 5- Athens will not back a multi-billion dollar trade pact between Canada and the European Union unless the deal is changed to specify that only Greece can use the term "feta" for its salty white cheese, according to a document seen by Reuters. After five years of difficult negotiations, Canada and the European Union agreed a free-trade accord last year,...

  • Head of Eurogroup: No Greek deal by Monday, but... Tuesday, 5 May 2015 | 7:22 AM ET
    German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras following talks at the Chancellery in Berlin March 23, 2015.

    "We're fighting on" to get a deal with Greece, the head of the Eurogroup Working Group tells CNBC.

  • BRUSSELS— The European Union has nudged up its forecast for economic growth across the 19- country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts. It said the eurozone as a whole is benefiting from a number of factors, including lower oil prices, a steady global outlook, the...

  • EU tax probes for Apple, Amazon delayed Tuesday, 5 May 2015 | 4:20 AM ET
    European competition commissioner Margrethe Vestager gives a press conference at European Commission headquarters in Brussels,

    The EU Competition Commissioner said she wouldn't finalise tax probes into Apple, Starbucks, Fiat and Amazon by the second quarter as planned.

  • Italian Fin Min: Greek talks will see results soon

    Pier Carlo Padoan, finance minister of Italy, expects the Eurogroup meeting on May 11 to see "tangible results" as Greece risks running out of cash in "maybe a couple of weeks."

  • Princess Charlotte salute   Monday, 4 May 2015 | 11:29 AM ET
    Princess Charlotte salute

    CNBC's Simon Hobbs reports on the trading action in Europe, and gun salutes in honor of Princess Charlotte.

  • Meet Europe’s newest tax haven and micro-state Monday, 4 May 2015 | 11:03 AM ET
    Liberland's coat of arms

    Europe’s newest “state” called Liberland has welcomed its first citizens, after a small group of libertarians declared independence for a patch of land on the border between Croatia and Serbia.

  • LONDON— Ian Robinson, co-owner of a small investment firm in London, is watching Britain's general election this Thursday with unease. A victory for Prime Minister David Cameron's Conservative Party could bring Britain a step closer to leaving the 28- nation European Union, a move many companies fear would cause damage by increasing costs of doing business on...

  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...

  • European markets close & protests in Milan   Friday, 1 May 2015 | 11:31 AM ET
    European markets close & protests in Milan

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the United Kingdom general election and debt negotiations in Greece.

  • Greece struggles to make pension payments Friday, 1 May 2015 | 12:03 AM ET
    People are seen in front of a Eurobank branch in Athens, Greece, March 19, 2015.

    The Greek government scrambled to pay pensions and public sector salaries after failing to reach agreement with international lenders. The Financial Times reports.

  • BRUSSELS, April 30- The European Commission on Thursday called for a tougher U.N. The European Union has already introduced its own law to curb climate-harming hydrofluorocarbons, also called "F-gases", used in fridges and air conditioners. The European Union is seeking to lead the push for more ambitious action on curbing greenhouse gases ahead of a conference...

  • European markets close: Eurozone bonds raise eyebrows   Thursday, 30 Apr 2015 | 11:31 AM ET
    European markets close: Eurozone bonds raise eyebrows

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Spanish Q1 GDP growth.

  • EU carbon talks next week could clinch reform deal Thursday, 30 Apr 2015 | 10:01 AM ET

    BRUSSELS, April 30- European Union talks next week could clinch a deal to shake up the world's biggest carbon market after a change of position by the Czech Republic removed a major obstacle to an early start for reforms. Months of stalemate over a start date for the reforms ended on Wednesday, when the Czech Republic broke ranks with a group of countries led by...

  • Apple warns of ‘material’ financial hit from probe Wednesday, 29 Apr 2015 | 3:44 PM ET
    A man clears away leaves outside buildings on The Apple campus in Cork, southern Ireland.

    Apple warned investors it could face penalties from the Europe's probe into its tax deals. Financial Times reports.

  • BRUSSELS/ LONDON, April 29- European Union member states reached a provisional agreement that carbon market reforms should begin on Jan. 1, 2019, at closed-door talks on Wednesday, paving the way for a further round of negotiations next month, diplomats said. Poland, whose economy relies on coal, had been leading a blocking minority opposed to making any changes...

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.