European stocks edge up ahead of EU meeting
European stocks edge up ahead of EU meeting amid Greek bailout hopes
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European stocks edge up ahead of EU meeting
European stocks edge up ahead of EU meeting amid Greek bailout hopes
Read more on Bay News 9 Tampa Bay
European stocks slip on doubts over Greek rescue
World stock markets fell Thursday and the euro weakened on concerns the European Union will not agree to give Greece concrete financial support, leaving it to potentially seek assistance from the International Monetary Fund.
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Research and Markets: Analyzing the European Renewable Energy Industry
DUBLIN—-Research and Markets has announced the addition of the “Analyzing the European Renewable Energy Industry” report to their offering.
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European Manufacturing, Services Expanded in February (Update1)
Feb. 19 (Bloomberg) — Europe’s service and manufacturing industries expanded for a seventh month in February, as rising export orders helped to counter sluggish domestic demand.
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European Stocks Fluctuate; Automakers Fall, Eni Gains (Correct)
(Corrects retail sales figure in second-last paragraph.) Feb. 12 (Bloomberg) — European stocks fluctuated as China moved to cool economic growth, offsetting better-than-estimated earnings from ThyssenKrupp AG and Eni SpA. Asian shares rose, while U.S. index futures declined.
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European Stocks Fluctuate; Automakers Slide, ThyssenKrupp Gains
Feb. 12 (Bloomberg) — European stocks fluctuated as China moved to cool economic growth, offsetting better-than-estimated earnings from ThyssenKrupp AG and Eni SpA. Asian shares rose, while U.S. index futures declined.
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European stock marts fall back
AFP/London European stocks fell back yesterday after rising earlier in the trading session as investors cashed in profits ahead of anxiously awaited US unemployment figures due out this week.
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Sensex sheds 155 pts on European inflation fears
Heavy selling on the realty, IT and refinery counters following very weak European markets pulled down the Bombay Stock Exchange Sensex by 155 points.
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India is planning to file a World Trade Organization complaint that accuses the European Union of allowing multinational pharmaceutical companies to use the bloc’s strict patent laws to detain Indian generic drugs in transit to developing countries, reports the Wall Street Journal.Since last year, customs officials in the Netherlands and Germany have seized Indian medicines on grounds that the broke EU patent laws. Indian pharmaceutical companies have been forced to pay more to move shipments to transit hubs outside the EU as well as hire legal help to allow the drugs shipped to their destination.At the request of companies including Sanofi-Aventis SA, Novartis AG and Eli Lilly & Co., the drugs were then detained for periods that extended for as long as eight months, according to letters sent by the companies to customs officials and reviewed by WSJ.“We see this as an attack on the Indian generics industry,” Rajeev Kher, joint secretary of commerce in India, was quoted by the WSJ.The pharmaceutical industry is one of India’s top export earners. According to Global Trade Information Services, Indian pharmaceutical exports, consisting mostly of generics, reached US$4.9 billion last year. However, pharmaceutical exports to the United States suffered from depressed demand dropping close to 40 percent in the five months between October last year and the end of February.EU officials maintain that their national customs agencies have the right to detain goods deemed to be violating their intellectual property laws. The EU is “complying with its WTO obligations,” spokesman Michael Jennings said in a statement.An WTO investigation on the complaint could take nine months to investigate. Should the WTO rule in favor of India, it may be given the right to impose retaliatory tariffs on import of goods from the EU.
This article was written for India-Briefing.com, an Indian business news website contributed to by the India tax experts at Dezan Shira & Associates.
Dezan Shira’s Delhi accountants,tax and legal experts help businesses operate in India