Yahoo! News: Europe News

'Sex on the beach' couple spared jail in Dubai (AFP) Posted: 25 Nov 2008 05:02 AM CST AFP - An appeals court in Dubai on Tuesday suspended three-month jail terms against two Britons convicted of having sex on the beach in the booming Gulf emirate but ordered them to leave the country.

Clampdown on forced marriages, with eye on Pakistan (AFP) Posted: 25 Nov 2008 04:39 AM CST AFP - The government introduced a new law Tuesday bolstering rules against forced marriages, after Foreign Secretary David Miliband highlighted a case in Pakistan ahead of a visit there.

Boxer held after drugs swoop (AFP) Posted: 25 Nov 2008 04:33 AM CST AFP - Olympic boxer Bradley Saunders is under investigation by police on suspicion of dealing in cocaine, police said on Tuesday.

Norway's oil fund makes 3Q loss as crisis bites (AP) Posted: 25 Nov 2008 04:29 AM CST AP - Norway's vast fund for oil wealth investment posted a 7.7 percent loss on investment for the third quarter, but still grew in size due to record transfers of surplus wealth from the national government, the central bank announced Tuesday.

UK mortgage approvals halved from year ago (AP) Posted: 25 Nov 2008 04:25 AM CST AP - Mortgage lending in Britain has more than halved over the past year, according to the British Banker's Association — further evidence that the economic downturn is dramatically hurting the country's property market.

AXA issues profit warning, shares slump 13.91% (AFP) Posted: 25 Nov 2008 04:19 AM CST AFP - French and global insurance group AXA issued a warning on Tuesday that operating profit this year would be less than expected, and its shares dropped by 13.91 percent to 11.57 euros.

Shares fall in Europe and yen rallies broadly (Reuters) Posted: 25 Nov 2008 04:16 AM CST Reuters - European stocks fell more than 1 percent on Tuesday and the low-yielding yen rose broadly as euphoria surrounding the U.S. rescue of Citigroup gave way to concerns about sharply deteriorating major economies.

Swedish builder Skanska to cut 3,400 jobs (AP) Posted: 25 Nov 2008 03:53 AM CST AP - Skanska AB, the Nordic region's biggest construction group, said Tuesday it will slash 3,400 jobs, or almost 6 percent of its work force, due to a weakening in the construction market.

Ireland: first new begging penalties for 160 years (AP) Posted: 25 Nov 2008 03:45 AM CST AP - Ireland plans to impose tough new penalties on beggars for the first time since the Potato Famine 160 years ago.

BHP Billiton drops Rio Tinto takeover bid (AFP) Posted: 25 Nov 2008 03:33 AM CST AFP - The world's biggest miner BHP Billiton announced Tuesday it was dropping its controversial hostile takeover bid for rival Rio Tinto due to the state of the global economy.

Diplomats: US, IAEA chief clash over Syria (AP) Posted: 24 Nov 2008 03:05 PM CST AP - The chief U.N. nuclear inspector said Monday that Syria had a right to his agency's help in planning a power-producing atomic reactor, in what diplomats described as a rejection of U.S.-led efforts to block the aid.

Justice done as Matisse finds a new home (AP) Posted: 24 Nov 2008 02:13 PM CST AP - Finally, justice for Henri Matisse's "Le Mur Rose."

Sheik denies assaulting American in Swiss hotel (AP) Posted: 24 Nov 2008 01:44 PM CST AP - A brother of the United Arab Emirates' ruler appealed to a Swiss court Monday to overturn his conviction for assaulting an American with his belt in a luxury hotel bar.

UK Mother: I flushed newborn in toilet by accident (AP) Posted: 24 Nov 2008 01:38 PM CST AP - A woman has told a British court she accidentally flushed her newborn down the toilet because she didn't realize she was giving birth.

Volvo Race confronts piracy as it heads to Asia (AP) Posted: 24 Nov 2008 12:45 PM CST AP - The sailors aboard the sleek yachts of the Volvo Ocean Race fleet know how to fend with the dangers of icebergs, mountainous seas and violent thunderstorms. But until now, pirates were not on their radar.

Germany to pursue Holocaust denier's arrest (AP) Posted: 24 Nov 2008 12:43 PM CST AP - Germany will continue to pursue a well-known Holocaust denier even after a British court ruled against his extradition and set him free, a German state prosecutor said Monday.

Russian FM blames Georgia for shooting incident (AP) Posted: 24 Nov 2008 12:31 PM CST AP - Russia's foreign minister has suggested that Georgia's U.S.-backed government staged a shooting incident near a motorcade carrying the presidents of Poland and Georgia in order to discredit Russia and South Ossetia.

German court OKs release of ex-leftist terrorist (AP) Posted: 24 Nov 2008 12:03 PM CST AP - A former top member of the leftist Red Army Faction terrorist group can be released from prison in January after having served 26 years for multiple murders, a German court ruled Monday.

US official urges Iran to seize chance for amends (AP) Posted: 24 Nov 2008 11:53 AM CST AP - The chief U.S. delegate to the International Atomic Energy Agency said Monday that the change in administrations in Washington would be a good opportunity for Iran to enter new negotiations to end its uranium enrichment program.

Politkovskaya trial resumes earlier than announced (AP) Posted: 24 Nov 2008 10:51 AM CST AP - The trial of three men accused in the murder of Russian journalist Anna Politkovskaya resumes Tuesday, a week earlier than had been announced.

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