Greece: Socialist party head calls for coalition
2012-05-06 19:47:59 UTC
ATHENS, Greece (AP) — Greece's former finance minister and Socialist party leader called for a broad coalition government of pro-European parties, ruling out a two-party government with his conservative rivals after his party received a drubbing in Sunday's parliamentary elections.
Official projected results showed Evangelos Venizel...
Socialist Francois Hollande wins French presidency
2012-05-07 00:42:57 UTC
PARIS (AP) — Socialist Francois Hollande has declared victory in France's presidential election, railing against austerity measures and urging national unity after a bitter campaign against Nicolas Sarkozy.
The mild-mannered Hollande promised help for France's downtrodden after years under the tough-talking Sarkozy, a man many voter...
Angry Greeks vote in key parliamentary election
2012-05-06 14:18:48 UTC
ATHENS, Greece (AP) — Greeks hammered by two years of deep spending cuts voted Sunday in a parliamentary election critical to the country's prospects for pulling itself out of a deep financial crisis that has roiled global markets and threatened Greece's position in the eurozone.
Angry voters are broadly expected to punish the two m...
France chooses a new president during tough times
2012-05-06 14:14:30 UTC
PARIS (AP) — France voted in a presidential run-off election on Sunday that could see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy by capitalizing on public anger over the government's austerity policies.
The election outcome will impact efforts to fight France's debt crisis, how long the nation's troops s...
German President Gauck visit about 'sharing freedom'
2012-05-05 23:03:24 UTC
Germany/ The Netherlands (DW) - The German president's visit to Holland shows the two countries' 'common concerns and goals,' said a Dutch studies professor. He discounted protests against Germany's refusal to extradite war criminals.
DW: German President Joachim Gauck visited the Netherlands on May 5, the day the Dutch celebrate th...
Leaders fall in Europe crisis: Sarkozy next?
2012-05-05 08:57:50 UTC
French President Nicolas Sarkozy is widely expected to be kicked out of office in elections Sunday. If he goes, he'll be in good company: Almost every crisis-hit European country that has held an election since disaster struck in 2009 has thrown out its leader.
Here's a look at countries where political cadavers litter the landscape...
New French accusations: Strauss-Kahn in Washington
2012-05-04 18:14:22 UTC
PARIS (AP) — French investigators are studying accusations that Dominique Strauss-Kahn may have been involved in a rape during a sex party in a Washington hotel in 2010 while he was chief of the International Monetary Fund, a judicial official said Friday.
Strauss-Kahn, via his lawyers, denied any violence and said he's the subject ...
French candidate goes from wishy-washy to wow
2012-05-04 05:15:34 UTC
PARIS (AP) — The last time France voted for president, Francois Hollande was a portly, smiley man likened to custard pudding who played second fiddle to Segolene Royal, his Socialist party's candidate and the mother of his four kids.
Now he's the party's candidate, and on the brink of an improbable electoral triumph — an increasingl...
Merkel, others, urge treatment for Tymoshenko
2012-05-03 18:03:18 UTC
BERLIN (AP) — German Chancellor Angela Merkel urged Ukrainian leaders on Thursday to give jailed ex-Premier Yulia Tymoshenko "proper treatment" for her ailments, as more top officials announced they would boycott the Euro 2012 soccer championship co-hosted by Ukraine.
Merkel insisted that she had not yet decided whether to stay away...
French presidential candidates face off in debate
2012-05-03 02:22:20 UTC
PARIS (AP) — France's presidential race hit a dramatic pitch Wednesday in the only face-to-face debate between President Nicolas Sarkozy and front-running challenger Francois Hollande — a verbal slugfest that broke little new ground on substance but exposed big differences in style.
Sarkozy, struggling to keep his job, came out slug...
Eurozone unemployment hits record high
2012-05-02 19:24:02 UTC
LONDON (AP) — Pressure is growing on Europe's leaders to focus less on austerity and more on stimulating growth as the 17 countries that use the euro face record high unemployment and a recession that is spreading across the region.
Eurozone unemployment rose by 169,000 in March, official figures showed Wednesday, taking the rate up...
France fetes Joan of Arc's 600th birthday
2012-05-01 20:17:28 UTC
ORLEANS, France (AP) — The normally tranquil city of Orleans is buzzing with festivities over the next two weeks to mark the 600th birthday of one of France's best cultural exports: Joan of Arc.
On Tuesday, like in a Hollywood epic, the Loire River swarmed with wooden boats filled with locals dressed in medieval garb — re-enacting J...
Sarkozy fighting for his future, likely to lose
2012-05-01 18:51:19 UTC
PARIS (AP) — President Nicolas Sarkozy is the underdog, and he knows it. Not a single poll has predicted he will win re-election on Sunday, and leading figures in his government are already lining up new jobs.
In televised interviews, Sarkozy's on the defensive and paints himself as a victim. At campaign rallies, he's boxer-like, pu...
Calls for Euro 2012 boycott increase in Germany
2012-05-01 01:12:57 UTC
Germany (D.W.) - Six weeks ahead of the European soccer championship co-hosted by Ukraine and Poland, German politicians debate boycotting the matches in Ukraine in protest of opposition leader Yulia Tymoshenko's imprisonment.
Ukraine has not been getting the kind of attention President Viktor Yanukovych had hoped for ahead of the 201...
NYSE Euronext results falter on failed merger
2012-04-30 20:53:02 UTC
NEW YORK (AP) — The exchange operator NYSE Euronext said Monday that its first-quarter earnings tumbled 44 percent on weaker trading and its failed combination with Deutsche Boerse AG.
Its shares fell nearly 6 percent in afternoon trading.
CEO Duncan L. Niederauer said on a conference call that there has been "modest improvement ...
AB InBev profit jumps 75 pct thanks to lower costs
2012-04-30 20:41:46 UTC
BRUSSELS (AP) — The world's biggest brewer Anheuser-Busch InBev NV said Monday its first-quarter net profit jumped 75 percent thanks to lower financing costs and taxes as well as bigger beer sales.
Net profit rose to $1.69 billion between January and March from $964 million a year earlier, after a sharp drop in financing costs as we...
Gadhafi funding claim weighs on French campaign
2012-04-29 19:10:50 UTC
PARIS (AP) — French President Nicolas Sarkozy on Sunday fiercely denied that he was offered campaign funding from late Libyan leader Moammar Gadhafi, as new challenges piled up against him a week ahead of the country's presidential runoff.
Sarkozy also rebuffed leftist critics who compared his campaign rhetoric to that of France's N...
Daimler Q1 net rises 20 percent, Mercedes slips
2012-04-27 06:13:47 UTC
FRANKFURT, Germany (AP) — Automaker Daimler AG says net profit rose 20 percent to €1.42 billion ($1.88 billion) in the first quarter despite a slip in earnings at its key Mercedes luxury car business.
Revenues rose 9 percent to €27.01 billion.
Divisional earnings slipped 3 percent at the Mercedes-Benz Car division, the company's ...
Ukraine marks 26th anniversary of Chernobyl
2012-04-26 12:21:24 UTC
KIEV, Ukraine (AP) — Ukraine's president vowed Thursday that his country is committed to building a new, safer shelter over the damaged Chernobyl reactor as Ukrainians, Belarusians and Russians marked the 26th anniversary of the world's worst nuclear disaster.
President Viktor Yanukovych was to take part in a ceremony inaugurating t...
Sales of handset arm lifts Sweden's Ericsson in QI
2012-04-25 07:47:09 UTC
STOCKHOLM (AP) — LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony Ericsson.
The Stockholm-headquartered group posted Wednesday a net profit of 8.95 billion kronor ($1....
Russia's Medvedev vows to continue modernization
2012-04-24 18:01:40 UTC
MOSCOW (AP) — Russia's President Dmitry Medvedev vowed Tuesday to keep combating corruption, pursing political reforms and modernizing the economy even as he shifts into the prime minister's job.
Medvedev had agreed to step down after one term to allow his longtime mentor Vladimir Putin to reclaim the presidency in March's election....
Swiss scientists demonstrate mind-controlled robot
2012-04-24 16:00:55 UTC
LAUSANNE, Switzerland (AP) — Swiss scientists have demonstrated how a partially paralyzed person can control a robot by thought alone, a step they hope will one day allow immobile people to interact with their surroundings through so-called avatars.
Similar experiments have taken place in the United States and Germany, but they invo...
Breivik hears witnesses recall turmoil after blast
2012-04-24 15:46:23 UTC
OSLO, Norway (AP) — After testifying for five days, Anders Behring Breivik listened silently Tuesday as others described the mayhem caused by his bombing of Oslo's government district, a scene one witness described as a "war zone."
Forensic experts explained the massive injuries to four of the eight victims killed by the 950-kg (2,1...
Fringes cast shadow over French election
2012-04-23 17:52:15 UTC
PARIS (AP) — Socialist Francois Hollande and conservative Nicolas Sarkozy are going head-to-head in France's presidential runoff, but a third figure looms large in the campaign: the leader of the nation's far-right National Front.
Nearly one in five French voters cast their ballot in the first round for Marine Le Pen. She wants to p...
EU imposes new sanctions on Syrian regime
2012-04-23 15:28:32 UTC
LUXEMBOURG (AP) — The European Union on Monday banned the sale of luxury goods and products to Syria that can have military as well as civilian uses.
The ban on luxury items appears to take direct aim at some of Syrian President Bashar Assad's most loyal supporters: the business community and prosperous merchant classes that are key...