Yahoo! News: Europe News

Watchdog to probe water pricing policy (AFP) Posted: 03 Oct 2008 04:25 AM CDT AFP - Water companies will have their pricing plans examined after revealing that bills may go up for five years from 2010, a watchdog said Friday.

EU commissioner Mandelson to return to cabinet (AFP) Posted: 03 Oct 2008 04:18 AM CDT AFP - EU trade commissioner Peter Mandelson will make a stunning return to the government on Friday in a reshuffle of Prime Minister Gordon Brown's cabinet, reports said.

Japan's Norinchukin buys stake in Credit Agricole (AP) Posted: 03 Oct 2008 04:12 AM CDT AP - Japan's Norinchukin Bank said Friday it has acquired a 0.5 percent stake worth about about 30 billion yen, or $286 million, in France's Credit Agricole SA, which has been shoring up its capital base after being hit by U.S. credit-related losses.

European banking chief urges U.S. bailout approval (Reuters) Posted: 03 Oct 2008 04:09 AM CDT Reuters - Europe's top banker pressed the U.S. Congress to approve a $700 billion bailout of the U.S. financial industry on Friday and urged European states to unite in tackling a crisis now shaking the world economy.

Nobel literature prize to be announced on Oct. 9 (AP) Posted: 03 Oct 2008 03:35 AM CDT AP - The Swedish Academy in Stockholm says it will announce the winner of the Nobel Prize in literature on Oct. 9.

UBS to cut 2,000 jobs in investment bank unit (AFP) Posted: 03 Oct 2008 03:29 AM CDT AFP - Switzerland's biggest bank UBS said it would cut 2,000 more jobs as it revamps its investment bank which had been battered by the US subprime crisis.

Five former KRouge on trial for killing Briton (AFP) Posted: 03 Oct 2008 03:28 AM CDT AFP - Five former Khmer Rouge fighters went on trial Friday for the 1996 kidnapping and killing of a British mine clearer and his Cambodian translator.

BBC planned reassuring message for nuclear war: archives (AFP) Posted: 03 Oct 2008 03:19 AM CDT AFP - The BBC planned to transmit reassuring messages in the event of a nuclear war, telling people to "stay calm," remain indoors, and conserve food and water, newly-released archives showed Friday.

Czech bus crashes in Slovakia, killing 5 (AP) Posted: 03 Oct 2008 03:09 AM CDT AP - A Czech travel agency says one of its buses carrying passengers from Slovakia to Prague has crashed, killing at least five people and injuring 18.

Stocks slip 0.07% in initial trade (AFP) Posted: 03 Oct 2008 02:51 AM CDT AFP - Stocks edged lower on Friday, shedding just 0.07 percent amid ongoing concern over the fate of a multi-billion-dollar US rescue deal for Wall Street banks.

US nuclear envoy wraps up talks with North Korea (AP) Posted: 03 Oct 2008 01:55 AM CDT AP - Washington's chief U.S. nuclear envoy left North Korea on Friday after spending an extra day in the communist nation to try to persuade Pyongyang to resume dismantling its nuclear program.

Britain planned taped messages after nuclear war (AP) Posted: 03 Oct 2008 12:20 AM CDT AP - The doomsday script was never used by the British Broadcasting Corp., but decades later the message remains haunting.

Belfast power-sharing mired in deadlock (AP) Posted: 02 Oct 2008 07:46 PM CDT AP - The crisis in Northern Ireland's power-sharing government deepened Thursday as Protestant leaders defeated plans for an all-Ireland summit.

3 accused of UK plot to attack Muhammad publisher (AP) Posted: 02 Oct 2008 07:10 PM CDT AP - Three men have been charged with plotting to attack the publisher of a controversial novel dealing with the Prophet Muhammad, British police said Thursday.

Fashion under fire as crisis deepens (AP) Posted: 02 Oct 2008 04:58 PM CDT AP - Judging from the glamorous parties and store openings in Paris this week, you would be forgiven for thinking the economy is thriving — prompting some observers to say the fashion industry is fiddling while Rome burns.

Inside buffer zone, Georgians await EU monitors (AP) Posted: 02 Oct 2008 03:52 PM CDT AP - Patrols by European Union monitors may help bring a sense of returning normalcy to the Russian-occupied swaths of Georgia, but they're coming too late for Zviad Artvadze's peace of mind.

Putin accuses Ukraine of aiding Georgia during war (AP) Posted: 02 Oct 2008 03:38 PM CDT AP - Russian Prime Minister Vladimir Putin accused Ukraine on Thursday of sending weapons and military personnel to help Georgia during its war with Russia.

Italy court upholds terror conviction (AP) Posted: 02 Oct 2008 03:25 PM CDT AP - Italy's top criminal court on Thursday upheld the conviction on international terrorism charges of an Egyptian jailed as one of the chief suspects in the 2004 Madrid train bombings, a lawyer said.

Russia prosecutors wrap up journalist killing case (AP) Posted: 02 Oct 2008 03:18 PM CDT AP - Prosecutors wrapped up their case against three men accused in the murder of investigative journalist Anna Politkovskaya, Russian news agencies reported Thursday.

Iran hints at nuclear rethink if gets guarantees (AP) Posted: 02 Oct 2008 02:30 PM CDT AP - A leading Iranian nuclear envoy on Thursday suggested the country could reconsider its uranium enrichment program if it gets cast-iron guarantees of regular international fuel supplies for its nuclear power plants.

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