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  • CAIRO, March 10- Egypt does not need bridging financing as offered by the International Monetary Fund to some countries but rather broad structural measures to tackle its budget deficit, Planning Minister Ashraf al-Araby said on Sunday.

  • Egypt does not need IMF bridging funding - minister Sunday, 10 Mar 2013 | 9:44 AM ET

    CAIRO, March 10- Egypt does not need bridging financing as offered by the IMF to some countries but rather broad structural measures to tackle its budget deficit, Planning and International Cooperation Minister Ashraf al-Araby said on Sunday.

  • *Egypt doesn't want IMF quick fixes- minister. CAIRO, March 10- Egypt on Sunday rejected any suggestion of stop-gap IMF funding to help it through a political and economic crisis, saying only broad structural measures as part of a package agreed with the Fund can tackle the country's soaring budget deficit.

  • CARACAS, March 8- Venezuela will maintain its oil industry tax and legal framework under the leadership of acting President Nicolas Maduro, who was sworn in on Friday, the OPEC nation's oil minister said.

  • UPDATE 5-Oil dips below $110 on stronger dollar Friday, 8 Mar 2013 | 9:51 AM ET

    *Ample supplies from North Sea and OPEC weigh. LONDON, March 8- Brent crude oil futures fell below $110 a barrel on Friday, pressured by a stronger dollar after positive U.S. data, higher-than-expected supply from the North Sea and OPEC, and investors selling out of commodities in favour of equities. Brent futures were down $1.44 to $109.71 a barrel at 1406 GMT.

  • Europe explores how to define the "green fairy" Friday, 8 Mar 2013 | 9:15 AM ET

    BRUSSELS, March 8- It's the green-hued fuel that has fired flights of poetic fancy since the 1800 s, but now the European Union is examining whether to change how absinthe is defined.

  • UPDATE 4-Oil falls below $110 on ample supply Friday, 8 Mar 2013 | 7:28 AM ET

    LONDON, March 8- Brent crude oil futures fell below $110 a barrel on Friday, pressured by higher-than-expected supply from the North Sea and OPEC, and investors selling out of commodities in favour of equities. Brent futures fell $1.25 to $109.90 a barrel at 1217 GMT.

  • DUBLIN, March 8- The International Monetary Fund will do what it can to help Ireland emerge from it EU/IMF bailout later this year, its chief said on Friday, praising the amount of work already done by Dublin.

  • *EU signed memorandum on raw materials with Greenland last year. NUUK, March 7- Greenland's prime minister warned the European Union he could scrap a preliminary deal intended to safeguard the bloc's access to his country's huge mineral resources, saying Brussels has failed to follow through.

  • WASHINGTON/ MEXICO CITY, March 7- Latin America must double its spending on infrastructure and deepen regional ties to boost growth and allow it to compete with other emerging markets, Inter-American Development Bank President Luis Alberto Moreno said.

  • *Talks on technology, services trade, gathering steam in Geneva. WASHINGTON, March 7- The United States is concerned that World Trade Organization talks to help developing countries boost trade by removing customs barriers could fail because negotiators are stuck on several issues. "We're very worried about the current pace of work in Geneva," U.S.

  • UNITED NATIONS, March 6- The U.N. Security Council is set to blacklist two North Korean enterprises and three individuals working for North Korean entities involved in arms trade and Pyongyang's missile program, according to a draft resolution.

  • LONDON, March 6- The European Commission is backing a gradual shift away from renewable energy subsidies, where it must tread a fine line between phasing out support and killing investment. It is significant that the European Union's executive Commission is signalling such a shift after European Union countries already pared back subsidies.

  • *Fine raises total EU penalties against Microsoft to 2.2 bln euros. *Microsoft says takes full responsibility for lapse. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.

  • DUBAI, March 6- At an OPEC conference in Vienna in December, the oil minister of the United Arab Emirates was outspoken- unusually so for a top Gulf Arab official- about the threat to the cartel from rising U.S. oil and gas production. OPEC, he said, should protect itself by making its oil more attractive to the world's consumers.

  • *Fine raises total EU penalties against Microsoft to 2.2 bln euros. *Microsoft says takes full responsibility for lapse. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.

  • *Fine raises total EU penalties against Microsoft to 2.16 bln euros. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the EU.

  • Microsoft Fined $731 Million for Broken Promise Wednesday, 6 Mar 2013 | 6:37 AM ET
    Microsoft Corp CEO Steve Ballmer speaks during a keynote address at the 2013 International CES at The Venetian on January 7, 2013 in Las Vegas, Nevada.

    The European Union fined Microsoft Corp 561 million euros ($731 million) for failing to offer users a choice of Web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.

  • *Egypt election complicates IMF bailout. WASHINGTON, March 6- Egyptian President Mohamed Mursi is unlikely to find the political support needed to win a full-fledged International Monetary Fund bailout before elections begin in April, but he might be able to secure temporary IMF aid.

  • CARACAS, March 5- Venezuela's oil industry was operating normally on Tuesday and no disruption was expected following the death of President Hugo Chavez, state oil company PDVSA said, calling for calm in the OPEC nation.