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A draft law that EU lawmakers voted for on Monday would shield small depositors in future bank rescues, but customers with more than 100,000 euros could suffer losses.
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MARIKANA, South Africa, May 15- The main union at Lonmin's South African platinum shafts told striking miners to return to work on Wednesday, potentially defusing a two-day wildcat action that had raised fears of a fresh wave of labour violence.
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GENEVA, May 15- Argentina has launched a dispute against the European Union at the World Trade Organization, challenging rules for importing and marketing biodiesel applied by Spain, Belgium, France, Italy and Poland, the WTO said on Wednesday.
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GENEVA, May 15- Argentina has launched a dispute against the European Union at the World Trade Organization, challenging rules for importing and marketing biodiesel used by Spain, Belgium, France, Italy and Poland, the WTO said on Wednesday.
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BRUSSELS, May 15- The European Union will impose punitive duties on Chinese imports of ceramic tableware and kitchenware to counter what it says is dumping at artificially low prices to crowd out local products.
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MEXICO CITY, May 14- Latin American countries do not tax the rich enough, offer too many tax breaks and fail to punish rampant tax evasion, meaning they are unable to raise enough revenue to properly combat poverty and boost development, the Inter-American Development Bank said in a new study.
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PARIS, May 15- A growing divide between rich and poor risks will yawn still wider if cash-strapped governments keep cutting back the welfare state, an industrialised nations' think-tank warned on Wednesday.
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NEW YORK, May 14- Oil producers in the United States could slow drilling if prices drop below $70 a barrel, which would make such operations uneconomical, the head of the Energy Information Administration said on Tuesday. A decrease in U.S. prices could prompt a cut in OPEC production, Sieminski said, in an attempt to raise the value of oil.
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*Move comes after Austria, Luxembourg drop objections. BRUSSELS, May 14- European Union finance ministers gave the green light on Tuesday to start talks with Switzerland and Liechtenstein about surrendering bank data, as Europe stepped up its fight against tax evasion.
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BRUSSELS, May 14- Depositors keeping less than 100,000 euros in a bank that is being closed down will get all their money back, European Union finance ministers agreed on Tuesday, and most supported the idea that bigger depositors would get privileged status.
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*Move comes after Austria, Luxembourg drop objections. BRUSSELS, May 14- European Union finance ministers gave the green light on Tuesday to start talks with Switzerland, Liechtenstein and three other countries on new rules for swapping bank account information, officials said.
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BRUSSELS, May 14- European Union finance ministers approved a 7.3 billion euro increase in the bloc's spending for 2013 on Tuesday, as part of a deal to unblock talks on the EU's next long-term budget. "With a view to securing the multi-annual budget, we agreed the spending increase for 2013," said Michael Noonan, Ireland's finance minister who chaired the talks.
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BRUSSELS, May 14- Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at the same level as rival MasterCard to end a European Union antitrust investigation and stave off a possible fine.
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BRUSSELS, May 14- European Union finance ministers gave the green light on Tuesday to start talks with Switzerland, Liechtenstein and three other countries on new rules for swapping bank account information, officials said.
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NEW YORK, May 14- Brent crude oil fell on Tuesday after a leading energy watchdog forecast the supply-demand balance of world oil supplies would be "more comfortable" over the next five years. The International Energy Agency said rapidly increasing non- OPEC oil output would meet most of the world's extra oil demand over the next few years.
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Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition investigation and stave off a possible fine.
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LONDON, May 14- Rejection by the world's trade body last week of preferential support for domestic solar panel makers in Canadian province Ontario brings helpful but limited guidance in a growing number of other disputes.
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BRUSSELS, May 14- Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition investigation and stave off a possible fine.
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PARIS, May 14- The economic outlook in major industrialised nations is improving, led by firming growth in the United States and Japan, the OECD said on Tuesday. The Paris- based Organisation for Economic Cooperation and Development said its latest monthly leading indicator for the OECD as a whole rose to 100.5 in March from 100.4 in February.
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*IEA steeply raises non- OPEC supply forecast. *OPEC will barely have to raise output in next 5 years. LONDON, May 14- Rising U.S. shale oil production will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving little room for OPEC to lift output without risking lower prices, the West's energy agency said.
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*IEA steeply raises non- OPEC supply forecast. *OPEC will barely have to raise output in next 5 years.