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European leaders agree to closer long-term union
Jun 29th, 2012
After tough all-night bargaining, European leaders appeared to salvage what had seemed to be a summit teetering toward failure by agreeing early Friday to funnel money directly to struggling banks, and in the longer term to form a tighter union. (Source: Associated Press) -
By Kate Holton and Paul Sandle LONDON (Reuters) - Vodafone will reinvest a $3.2 billion (2.1 billion pounds) dividend from its healthy U.S. arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall in the group's main revenue measure. The British firm is trying to decide whether to sell Verizon Wireless, it... [Full Article]
By Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance. The four-hour summit was originally called to discuss energy policy, but investi... [Full Article]
GENEVA (AP) - A summit on chemicals and hazardous wastes ended Friday with an agreement to globally phase out a widely used flame retardant and to accept stricter requirements for disclosing information about exports of four other chemicals. (Source: Associated Press)... [Full Article]
By Neil Maidment LONDON (Reuters) - Britain said it expects to appoint lead bank advisers for a possible stock market listing of Royal Mail Group by the end of May, as it pushes on with plans to privatise the firm. In what would be one of the most significant privatisations of a British asset since John Major's Conservative government sold the... [Full Article]
By Ed Cropley JOHANNESBURG (Reuters) - The leader of South Africa's biggest platinum mining union threatened on Friday to bring Africa's No. 1 economy "to a standstill" and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labor crisis. The rand, which tumbled to a four-year low against the dol... [Full Article]
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