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EU OK'd closing of Hypo Group Alpe Adria
HGAAWednesday September 4, 2013 2:54AM ET
The European Commission has approved a plan to orderly wind down the Austrian bank Hypo Group Alpe Adria (HGAA). The Commission found that the plan presented by the Austrian authorities is compatible with EU state aid rules.
Indonesia and Japan together against greenhouse emissions
Indonesia JapanTuesday September 3, 2013 11:40AM ET
Indonesia and Japan have signed a deal thanks to which it will be easier for Japanese companies to help Indonesia reduce greenhouse emissions through improved technology and conservation schemes.
East Timor invest $800 million in gas pipeline
East TimorTuesday September 3, 2013 9:19AM ET
East Timor offered to invest $800 million to build a pipeline to import gas from the Timor Sea. The new pipeline would resolve a dispute with Woodside Petroleum over fields development.
Google and Microsoft to sue U.S. government
Department of JusticeTuesday September 3, 2013 7:19AM ET
Google and Microsoft have joined forces to sue the U.S. government: The two companies remain concerned they have not been allowed to talk about data requests made by US intelligence under the Foreign Intelligence Surveillance Act (FISA), claiming it breaches their freedom of speech.
Singapore first non-Middle East country with GCC FTA
SingaporeTuesday September 3, 2013 4:09AM ET
The Gulf Cooperation Council - Singapore Free Trade Agreement (GSFTA) entered into on September 1. Singapore is the first non-Middle East country to have a Free Trade Agreement (FTA) with the GCC.
Trans-Pacific Partnership: Everything open, nothing closed
TPPMonday September 2, 2013 11:45AM ET
Negotiators from 12 Pacific countries concluded a week of talks in Brunei on a free-trade agreement but announced no breakthroughs in discussions that one official called difficult.
Businesses coming back to Maine
Governor Paul LePageMonday September 2, 2013 9:49AM ET
Governor Paul LePage said there is good news for Maine's economy: Businesses are expanding their operations and adding many new jobs in the state. He applauded last week's announcement that Barclaycard will add 100 new jobs by the end of the year at its customer contact center in Wilton.
Europe to protect nature with even stronger regulation
BiocidesMonday September 2, 2013 7:49AM ET
A new regulation on biocidal products applying from September 1 will significantly increase the safety and simplify the authorisation procedure of biocides used and placed on the market in the EU.
Iran to make a revision of oil contracts
Iran oilMonday September 2, 2013 5:49AM ET
Oil Minister Bijan Namdar Zanganeh has ordered a structural revision of oil contracts in Iran. Until revision is completed, domestic contractors are consulting Iranian and foreign experts in order to make the oil contracts more attractive for foreign investors.
Central America increases trade with Mexico after FTA signed
Central America tradeMonday September 2, 2013 3:47AM ET
In September, Central American countries will celebrate the first anniversary of the Free Trade Agreement (FTA) signed between Mexico and the region, which has led to an increase in trade.
Europe pushes own digital cloud in wake of U.S. spying scandal
Neelie KroesFriday August 30, 2013 11:29AM ET
The European Commission will redouble efforts to promote EU-based cloud services this autumn amid mounting evidence that the US Prism spying scandal may damage the global market share of US-based tech companies involved in the cloud computing sector.
Canadian airliners to fly to Bangladesh
Canada BangladeshFriday August 30, 2013 8:39AM ET
Canada announced its first air transport agreement with Bangladesh, allowing direct scheduled air services between the two countries. The agreement allows airlines to offer new services immediately.
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