Yahoo! News: Europe News

Rolls-Royce reports loss of 1.34 bln pounds (AFP) Posted: 12 Feb 2009 01:38 AM CST AFP - Rolls-Royce said Thursday it made a net loss of 1.34 billion pounds in 2008, hit by volatility in currency markets.

Cheers! Yeast gene map could mean better beer (Reuters) Posted: 12 Feb 2009 12:41 AM CST Reuters - Researchers have mapped the DNA of dozens of strains of yeast used for brewing, baking and biofuels, something they said Wednesday will help map the human genome and could lead to better-tasting beer and wine.

Swiss Re CEO Jacques Aigrain steps down: (AFP) Posted: 12 Feb 2009 12:38 AM CST AFP - Jacques Aigrain has stepped down as chief executive officer of Swiss Re, the world's largest reinsurer, and will be replaced by Stefan Lippe, the group announced Thursday in a statement.

ABB annual net profit drops to 3.1 bln dlrs (AFP) Posted: 12 Feb 2009 12:36 AM CST AFP - Engineering giant ABB said Thursday that its net profit slipped 17 percent in 2008 to 3.118 billion dollars (2.4 billion euros), with the fourth quarter particularly difficult.

British group heads to Guantanamo to free resident (AP) Posted: 11 Feb 2009 11:35 PM CST AP - A British court met Wednesday to reconsider a case regarding a British resident being held in Guantanamo — a lawsuit that stands to embarrass the American and British governments over torture allegations.

Officials to visit Guantanamo detainee: minister (AFP) Posted: 11 Feb 2009 09:55 PM CST AFP - The United States has agreed to let British officials visit a Guantanamo detainee whose case has sparked protests and prepare for his return, officials said.

For some, Britain's insolvency laws add to pain (Reuters) Posted: 11 Feb 2009 09:11 PM CST Reuters - As British companies go bust at their fastest rate in nearly 20 years, a fast-track insolvency system that preserves brands and some jobs at the expense of creditors is becoming controversial.

In depths of gloom, German firms gear for recovery (Reuters) Posted: 11 Feb 2009 09:08 PM CST Reuters - With economic doom in every headline, export-led businesses here are preparing for the end. Hamburg shipyard worker Sebastian Kerzel says he and his colleagues are working flat out.

Gloom at major European art fair as boom in sales seen over (AFP) Posted: 11 Feb 2009 09:07 PM CST AFP - A gloomy air surrounds ARCO, one of Europe's biggest contemporary art fairs, with particants predicting the global financial crisis will put an end to the boom in sales enjoyed in recent years.

Moore milestone latest chapter in Becks England saga (AFP) Posted: 11 Feb 2009 07:57 PM CST AFP - David Beckham's England career has been nothing if not eventful.

Austria: Priests criticize pope's bishop pick (AP) Posted: 11 Feb 2009 04:04 PM CST AP - A group of Austrian priests has vehemently criticized Pope Benedict XVI's decision to promote an ultraconservative pastor who suggested Hurricane Katrina was provoked by sin in New Orleans, the group's head said Wednesday.

UK party edits Wikipedia to support leader's claim (AP) Posted: 11 Feb 2009 03:49 PM CST AP - When checking facts with Wikipedia it helps to know who edited the entry last.

Russia may allow shipment of Afghan-bound US arms (AP) Posted: 11 Feb 2009 01:28 PM CST AP - Russia is open to the possibility of letting the United States and NATO ship weaponry across its territory to Afghanistan if the broader relationship between Moscow and the West improves, Foreign Minister Sergey Lavrov said Wednesday.

Head of Azerbaijan's air force killed (AP) Posted: 11 Feb 2009 12:46 PM CST AP - An unidentified gunman fatally shot Azerbaijan's air force chief Wednesday, the Defense Ministry said — the highest-level killing to hit the oil-rich country's armed forces in peacetime since the Soviet collapse.

British comedian alleges prince made racist remark (AP) Posted: 11 Feb 2009 12:43 PM CST AP - A black British comedian alleged that Prince Harry made racist comments to him after a performance last year.

Ex-IRA chief seeks bail in counterfeit dollar case (AP) Posted: 11 Feb 2009 12:32 PM CST AP - A former IRA chief accused of distributing millions in North Korean-produced counterfeit $100 bills jumped bail once and could flee Ireland if granted freedom again, a police officer testified Wednesday.

China rejects human rights criticism at UN (AP) Posted: 11 Feb 2009 12:30 PM CST AP - China rejected proposals Wednesday to end labor camp sentences, abolish the death penalty and guarantee freedom of religion, as it concluded its first examination before the U.N. Human Rights Council.

War crimes court to suspend Serb's trial (AP) Posted: 11 Feb 2009 10:24 AM CST AP - Judges at the Yugoslav war crimes tribunal voted Wednesday to suspend the trial of ultranationalist Serb leader Vojislav Seselj after the prosecution said its case was being undermined by witness intimidation.

Europe fearful about impact of Israeli elections (AP) Posted: 11 Feb 2009 10:15 AM CST AP - As the two leading candidates in Israel's election continued to claim victory, many Europeans expressed fear Wednesday that the shaky peace process was the real loser in the nearly deadlocked vote.

Rights group sees slight rise in Russia hate crime (AP) Posted: 11 Feb 2009 10:04 AM CST AP - The number of hate crimes rose in Russia last year as the global economic crisis fueled xenophobic feelings but higher conviction rates kept the number from going higher, a human rights group said Wednesday.

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