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EU Authorizes Penguin, Random House Publishing Merger

The European Commission gave the go-ahead to the merger of Penguin and Random House to create the world's No. 1 publishing house, considering that the operation will not harm competition in Europe. continue reading »

EU Approves $13 Billion Bailout for Cyprus

Eurozone economy and finance ministers on Saturday hammered out a bailout deal of up to 10 billion euros ($13 billion) for Cyprus, the region's smallest economy. continue reading »

Anti-austerity Protest in Spain Draws Thousands

Thousands of people demonstrated Saturday in this capital and other Spanish cities against austerity measures implemented by Prime Minister Mariano Rajoy's government. In the Spanish capital, four columns of protesters made their way from different points of the metropolis to the downtown Fountain of Neptune. continue reading »

EU Approves Stricter Controls on Meat in Light of Horsemeat Scandal

The European Union on Friday approved tighter controls on beef within its member states to determine the extent to which horsemeat is being fraudulently labeled as beef and sold to consumers. continue reading »

EU Questions Google’s Dominance of Web Searches

European Union antitrust regulators have accused Google of diverting web traffic from its competitors. According to Businessweek, the EU has asked that Google submit concessions to settle what it calls an ‘antitrust probe’. continue reading »

Spanish Firms Less Innovative than European Counterparts

Within the European Union, Spanish firms are among the least involved in innovation cooperation with institutions or companies based elsewhere in the region, the EU's statistics agency said Friday. continue reading »

EU Must Adopt Minimum Wage, Says Eurogroup

The EU should adopt a minimum wage and other measures of solidarity to ensure that the European Union's "social dimension" does not disappear amid a bloc-wide austerity drive, Eurogroup President Jean-Claude Juncker said Thursday. continue reading »

Brazilian President Questions EU’s Austerity Plan

Confidence in a country's economy "is not built solely on the sacrifices" of its citizens, Brazilian President Dilma Rousseff said Saturday, adding that austerity "has its limits." continue reading »

EU, Latin America End 20 Year “Banana War”

Officials from the European Union and 11 Latin American nations gathered here Thursday at the headquarters of the World Trade Organization to sign a pact ending a two-decade-long dispute over banana tariffs. continue reading »

European Union Wins 2012 Nobel Peace Prize

The European Union has been awarded the Nobel Peace Prize, the Norwegian Nobel Committee announced Friday. The EU has transformed most of Europe "from a continent of wars to a continent of peace," committee Chairman Thorbjoern Jagland said in Oslo. continue reading »

Contempla México Nuevas Sanciones Contra EU

El secretario de Economía indicó que habrá multas si continúa la negativa de permitir el ingreso de camiones de carga mexicanos continue reading »