Business

Italian energy firm Eni to drill more off Cyprus coast

Apr 25, 2018

Eni's chief executive says the Italian company will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a "strong engagement and commitment" in a hydrocarbons search off the east Mediterranean island nation

EU launches probe of Apple's takeover of digital app Shazam

Apr 23, 2018

The European Union is opening a probe into the acquisition by Apple of song-recognition app Shazam because it wants to make sure consumers will still have a wide choice of streaming music

EU trade chief says Merkel, Macron will push Trump on steel

Apr 23, 2018

The EU says that German Chancellor Angela Merkel and French President Emmanuel Macron will press Trump to exempt the bloc from planned U.S. steel and aluminum tariffs when they visit him this week.

Sweeping EU trade deal with Mexico seen as signal to US

Apr 23, 2018

The European Union says a sweeping new trade deal with Mexico is a signal to the rest of the world _ including the Trump administration

EU probes Italian bridge loan to struggling Alitalia airline

Apr 23, 2018

The European Union is opening a state aid probe to see if Italy was within its rights to give struggling airline Alitalia a $1.1 billion bridge loan last year

Furniture designers explore what it is to be sustainable

Apr 20, 2018

Designers are confronting what it means to be sustainable at the Milan Furniture Show, from durable luxury, to materials and sourcing but also using design to solve problems facing society.

Latvian bank asks US to hold off money laundering sanctions

Apr 20, 2018

Latvian bank ABLV has rejected the U.S. government's findings that it "institutionalized money laundering" and helped evade sanctions, saying they referred to past practices that had been cleaned up

EU renews call for Zuckerberg to testify over data scandal

Apr 18, 2018

The European Parliament is repeating a call for Facebook CEO Mark Zuckerberg to testify about the internet giant's data privacy scandal, after Zuckerberg offered to send someone else in his place

EU lawmakers want action amid top EU job scandal

Apr 18, 2018

European Union lawmakers want for the appointment of a top EU official to be reconsidered amid a scandal that has raised troubling questions about the accountability of civil servants in Brussels

Belgium probing if chemical was illegally exported to Syria

Apr 18, 2018

Belgian authorities are investigating whether three companies might have been involved in the illegal export of chemicals to Syria

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