Yahoo! News: Europe News

Bayer 3Q net profit falls to 277 million euros (AP) Posted: 29 Oct 2008 04:40 AM CDT AP - Drug and chemical company Bayer AG said Wednesday that its third-quarter profit fell 76 percent on higher costs for energy and raw materials in what it termed a difficult market, but confirmed its guidance for the rest of 2008.

Stocks soar 5.59% (AFP) Posted: 29 Oct 2008 04:26 AM CDT AFP - London stocks rallied by 5.59 percent in morning trading on Wednesday, accelerating initial gains as investors took their cue from a sharp overnight rally in New York, dealers said.

BBC under pressure to axe star presenters (AFP) Posted: 29 Oct 2008 04:25 AM CDT AFP - The BBC is coming under intense pressure as calls grew on Wednesday to sack two top presenters on a row over offensive on-air comments.

EU to lend Hungary 6.5 billion euros (AP) Posted: 29 Oct 2008 04:00 AM CDT AP - EU governments promised to lend Hungary 6.5 billion euros ($8.1 billion) as part of a 20 billion euro ($25 billion) international rescue package to help it weather a financial crisis that has sharply devalued its currency, officials said Wednesday.

Armenian, Azerbaijani leaders to meet in Moscow (AP) Posted: 29 Oct 2008 03:59 AM CDT AP - The Kremlin says Russia's president will host leaders of Azerbaijan and Armenia for talks on settling their 20-year conflict over the disputed Nagorno-Karabakh territory.

2 Jesuit priests killed in Moscow (AP) Posted: 29 Oct 2008 03:58 AM CDT AP - Two Jesuit priests have been stabbed to death in Moscow, officials said Wednesday.

Meredith murderer begins 30-year sentence (AFP) Posted: 29 Oct 2008 03:39 AM CDT AFP - The first of three suspects in the 2007 murder of exchange student Meredith Kercher in central Italy starts a 30-year prison sentence on Wednesday.

IAC's ServiceMagic buys stake in European company (AP) Posted: 29 Oct 2008 02:01 AM CDT AP - ServiceMagic, a company owned by Barry Diller's IAC/InterActiveCorp that matches homeowners with prescreened home improvement contractors, said Wednesday that it is expanding internationally with the purchase of a majority stake in Luxembourg-based The Koening Co.

Lawyer: American, ex-beau indicted in Italy murder (AP) Posted: 29 Oct 2008 01:53 AM CDT AP - An American college student and her former boyfriend were ordered Tuesday to stand trial in last year's slaying of her roommate, while the judge also convicted an Ivory Coast man in the killing, lawyers said.

EU confirms huge loan to Hungary (AFP) Posted: 29 Oct 2008 01:38 AM CDT AFP - The European Union confirmed on Wednesday that it was prepared to grant a 6.5 billion euro loan to Hungary, cautioning that the aid was linked to a "strong commitment" by the Hungarian authorities to set up an adjustment programme.

Serb student wanted in US arrested by Serbia (AP) Posted: 28 Oct 2008 04:57 PM CDT AP - A Serbian basketball player who fled the United States after a bar brawl that left a fellow student in a coma was arrested Tuesday in Belgrade, police said.

Britain proposes to ban entry of 230 extremists (AP) Posted: 28 Oct 2008 04:26 PM CDT AP - Britain will publicly list and ban entry of more than 200 people whose extremist views and "violent messages" are a threat to national security, the home secretary said Tuesday.

IMF likely to need more money for its bailout fund (AP) Posted: 28 Oct 2008 02:38 PM CDT AP - With Iceland, Pakistan, Hungary and Ukraine already clamoring for mountains of cash aid, the $250 billion set aside by the International Monetary Fund to help struggling nations through the economic crisis is beginning to look puny.

Diplomats: IAEA says Syrian nuke info needs probe (AP) Posted: 28 Oct 2008 02:12 PM CDT AP - Diplomats say soil and air samples from an alleged Syrian nuclear site bombed last year by Israel provide enough evidence to justify a further inquiry.

Vienna tram driver fired for Nazi remark (AP) Posted: 28 Oct 2008 12:36 PM CDT AP - A Vienna streetcar driver says it was all a joke, but his "Sieg Heil" to passengers has cost him his job — and could potentially land him before a judge.

UK official fined for leaving documents on train (AP) Posted: 28 Oct 2008 12:36 PM CDT AP - A British intelligence official was fined Tuesday for leaving top secret documents on a London commuter train earlier this year.

Dutch say unlocked bike not enticement to steal (AP) Posted: 28 Oct 2008 11:45 AM CDT AP - The Dutch Supreme Court has rejected the appeal of a bicycle thief who stole a decoy bike planted by police.

Jewish, Nazi objects found in dump near Berlin (AP) Posted: 28 Oct 2008 10:20 AM CDT AP - Yaron Svoray scrapes caked layers of dirt from a shard of glass, revealing a sunflower at the heart of a Star of David.

Russia's president criticizes US sanctions (AP) Posted: 28 Oct 2008 09:00 AM CDT AP - Russia's president has sharply criticized U.S. sanctions against Russia's state arms trader.

4 ETA suspects detained in Spain, weapons found (AP) Posted: 28 Oct 2008 08:59 AM CDT AP - Spanish police on Tuesday detained four alleged members of the armed Basque separatist group ETA who are suspected of planning an attack in the country's north, the Interior Ministry said.

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