EUROPEAN UNION

US Holds Fire In 1st Salvo On Chinese Solar Companies

A man works on a roof covered with solar panels at the Centre for Alternative Technology in Wales
U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.
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The NYSE Euronext – Deutsche Börse AG Deal

Deutsche Borse To Appeal EU Veto Of NYSE Euronext

Deutsche Börse AG, the operator of the Frankfurt stock exchange, announced Tuesday that it will appeal the decision by European antitrust regulators to block its planned merger with NYSE Euronext, the New York Times said.
Amnesty International calls on Asma al-Assad, wife of embattled Syrian president, to use influence to defend rights of all peaceful activists

Asma Al-Assad: Syrian First Lady Faces EU Sanctions, Writes 'I Am The REAL Dictator'

Asma al-Assad, the 38-year-old wife of Syrian regime leader Bashir al-Assad and a former investment banker, will likely join 114 other Syrians on a list of sanctioned individuals by the European Union, freezing her assets to preventing shopping, travel and other commerce in foreign countries; meanwhile, reports emerge of Assad's emails to friends where she boasts of the power of the Syrian regime, and that she is the real dictator.
The euro zone saw a trade surplus after four months of gains.

EU Considers New Controls For Shadow Banking Sector

The European Commission is widening its regulatory sweep to include "shadow" banking, heralding new controls over the sprawling and largely unchartered 46 trillion euro ($61 trillion) sector blamed for helping trigger the financial crisis.
#10 United Parcel Service (UPS)

UPS To Acquire TNT Express For €5.16B In All-Cash Deal

UPS will pay €9.50 a share in cash for Europe's second-biggest express-delivery provider, up from a February bid of €9 a share and 54 percent above TNT shares' closing price on Feb. 16. The deal is the biggest in UPS's 105-year history.
Greece

Derivative Swaps In Greek Debt Deal Could Weaken Europe Further

Greece's nearly $270 billion debt restructuring was deemed a default last week, bringing relief to creditors that had hedged their bets by buying credit default swaps. But the default declaration could send a wave of unintended consequences throughout Europe, further weakening some already-fragile economies.
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IMF approves $36.7 billion bailout for Greece

The International Monetary Fund on Thursday approved a 28 billion euro ($36.7 billion) bailout for Greece, part of a broader international rescue package for the debt-strapped euro zone member.
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IMF approves 28 billion euro bailout for Greece

The International Monetary Fund on Thursday approved a 28 billion euro ($36.7 billion) bailout for Greece, part of a broader international rescue package for the debt-strapped euro zone member.
US UK

US, UK Agree To Emergency Oil Release

Britain has decided to cooperate with the United States in a bilateral agreement to release strategic oil stocks, two British sources said, in an effort to prevent high fuel prices from derailing economic growth in an election year.
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Greek Cabinet Formally Approves Bailout Deal

Greece's cabinet unanimously approved the terms of its international bailout on Wednesday, hours after euro zone countries formally approved the 130 billion euro ($169 billion) financial package that Athens needs to stay afloat.

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