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FIFA imposes transfer ban on FC Barcelona

Last Updated: Thursday, April 03, 2014, 10:00

FC Barcelona received a jolt on Wednesday as the FIFA Disciplinary Committee imposed sanctions on the club for the international transfer and registration of players under the age of 18.

EU slaps billion-euro fine on European, Japanese car bearing cartel

Last Updated: Wednesday, March 19, 2014, 17:57

The European Commission announced Wednesday it has slapped fines totalling nearly 1 billion euros on a cartel of European and Japanese companies that supply ball bearings to car and truck manufacturers.

Cyprus scrambling back from the brink of bankruptcy

Last Updated: Friday, March 14, 2014, 09:07

A year after a financial earthquake shattered years of prosperity in Cyprus, an austerity plan has put the eastern Mediterranean island back on track despite the bitter pill of rising unemployment.

EU to offer Ukraine trade benefits to help prop economy

Last Updated: Wednesday, March 12, 2014, 09:52

The European Commission agreed on Tuesday to give nearly 500 million euros worth of trade benefits to Ukraine, which had been teetering towards default even before pro-Western unrest in Kiev revived Cold War tensions.

EU`s four top jobs up for grabs

Last Updated: Monday, March 10, 2014, 15:31

It is all change at the top this year for the European Union, kicking off with May elections for the European Parliament followed by the naming in July of a new speaker.

`Difficult` for an independent Scotland to join EU: Barroso

Last Updated: Sunday, February 16, 2014, 21:16

European Commission president Jose Manuel Barroso warned today that it would be "difficult, if not impossible" for an independent Scotland to join the European Union.

EU regulators to rule on Samsung, Motorola disputes in April

Last Updated: Tuesday, February 11, 2014, 10:12

EU regulators will rule on antitrust cases against Samsung Electronics and Motorola Mobility in April, the European Commission said on Monday as it seeks to end the so-called patent wars between smartphone makers.

Google, European Commission reach agreement on antitrust case

Last Updated: Thursday, February 06, 2014, 06:46

The European Commission said Wednesday it reached an agreement in principle with Google that could end its antitrust investigation of the tech giant.

EU accepts Google anti-trust pledges

Last Updated: Wednesday, February 05, 2014, 18:46

The European Commission accepted Wednesday the latest proposals by US giant Google to remedy complaints it abuses its dominant position in the Internet search market, opening the way to a settlement.

European Commission says corruption costing EU 120bn euros annually

Last Updated: Tuesday, February 04, 2014, 08:09

Corruption costs Europe 120 billion euros a year, or around one percent of economic output, according to the first ever report on graft by the executive European Commission.

Italian marines` case may impact ties with India: EU

Last Updated: Thursday, January 30, 2014, 01:09

The president of the European Commission has said the issue of the Italian marines in India may have an "impact" on the European Union-India relations and "will be assessed carefully".

European Commission seeks 2030 CO2 reduction target of 40%

Last Updated: Wednesday, January 22, 2014, 21:37

EU member states should cut their carbon dioxide emissions, widely blamed for global warming, by 40 per cent by 2030, the European Commission said today.