BRUSSELS, June 21 (Reuters) – Belgium’s postal service bpost
made a robust market debut on Friday, a bullish
signal for Britain as it looks to sell Royal Mail.
Private equity firm CVC raised 812 million euros
($1.07 billion) from selling a 28 percent stake, valuing the
company at 2.9 billion euros.
BRUSSELS, June 19 (Reuters) – Two ex-chief executives of
former financial services group Fortis were fined by the Belgian
regulator on Wednesday for failing to inform markets properly in
the run-up to the company’s 2008 collapse.
Jean-Paul Votron, Fortis chief from October 2004 to July
2008, said he had received a fine from the regulator, without
saying how much, while Herman Verwilst, Fortis deputy CEO until
he succeeded Votron, was fined 250,000 euros ($334,800).
LUXEMBOURG (Reuters) – France cleared the European Union to launch free-trade talks with the United States on Friday after fellow EU members accepted its demand to shield movies and online entertainment from the might of Hollywood and Silicon Valley.
After 12 hours of talks, EU officials announced that the 27 EU trade ministers had finally agreed a negotiating mandate towards what could be the world’s most ambitious trade agreement.
LUXEMBOURG (Reuters) – France was adamant on Friday that it would block an EU free-trade deal with the United States unless its culture was shielded from the might of Hollywood and Silicon Valley.
Paris has refused to join the 26 other EU governments that want talks to start in July, unless television, movies and developing online media are left out of a deal.
LUXEMBOURG, June 14 (Reuters) – EU states sought to reassure
France on Friday that its culture would be shielded from the
might of Hollywood and Silicon Valley, urging Paris not to block
a free-trade deal with the United States that could boost
Paris has refused to join the 26 other EU governments that
want talks to start in July, unless television, movies and
developing online media are left out of a deal.
LUXEMBOURG (Reuters) – The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business.
Paris, which is trying to shield French-language culture from the global might of Hollywood, has refused to join the 26 other EU governments that want talks to start in July, unless movies and digital media are left out of any deal.
WINNIPEG, Manitoba/BRUSSELS (Reuters) – Salvaging a free-trade deal between Canada and the European Union after four years of talks will require skillful pasture politicking to pacify beef and dairy cow farmers who see more risk than opportunity.
The difficulties underline how challenging bilateral and regional trade deals are to reach, and how groups like farmers can punch above their weight.
PARIS/BRUSSELS (Reuters) – France threatened on Wednesday to block the start of free trade talks between the European Union and the United States if movies and digital media are not kept out the negotiations.
Two days before EU countries are supposed to give the go-ahead for negotiations, France said it would veto the talks unless the sector – that it sees as crucial to its cultural identity and under threat from Hollywood – is excluded.
PARIS/BRUSSELS, June 12 (Reuters) – France is “extremely
determined” to keep movies and digital media out of free trade
talks between the EU and the United States, a government
minister said on Wednesday, a stance that could block the start
Two days before EU countries are supposed to give the
go-ahead for negotiations, the EU is struggling to find a
compromise that satisfies France’s “cultural” concerns without
exempting the audiovisual sector from the wide-reaching talks.
LONDON/BRUSSELS, June 11 (Reuters) – The European Commission
announced an array of recommendations on Tuesday to revive
Europe’s steel industry, hurt by tumbling demand and plant
The “EU steel action plan” is the first comprehensive
attempt by the Commission to stem a decline in the steel sector
since the Davignon Plan sought to tackle an industry slump in