The European Union’s finance executive on Friday called for banks to pay into a fund that could be drawn upon in case of collapse.
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/ 22 January 2008
Internet protocol (IP) addresses, a string of numbers that identifies a computer, should generally be regarded as personal information, the head of the European Union’s group of data privacy regulators said on Monday. Google insists an IP address merely identifies the location of a computer, not who the individual user is.
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/ 15 October 2007
De Beers group managing director Gareth Penny on Monday called on diamond traders in Europe, the United States and Israel to back Africa’s efforts to cut and polish its own gemstones. The head of the South African miner — which controls 40% of the world’s diamond trade –it w said as not altruism to stabilise the diamond business by creating jobs in African democracies.
Microsoft sparred with its rivals on Thursday about how much information it should give them to make servers more compatible as judges questioned both sides about what code could be divulged without giving away trade secrets. The software maker says it has the right to guard its valuable intellectual property.
Microsoft began a challenge on Monday before the European Union’s second-highest court of the European Commission’s landmark antitrust ruling against it, arguing that the future of innovation in the technology industry was at stake. In an opening statement, Microsoft lawyer Jean-Francois Bellis said the commission made ”serious errors” in its decision two years ago that the company abused its dominant market position.
Microsoft said at the start of a final day of hearings with European Union (EU) regulators on Friday that it was more optimistic about its antitrust battle and still hoped to stave off fines of â,¬2-million (,4-million) a day. The hearing is the company’s last chance to defend itself before the EU decides whether to levy the fines.
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/ 28 October 2005
The European Union offered on Friday to reduce average agricultural tariffs by 47%, its steepest farm tariff cuts to date, in a proposal aimed at breaking a deadlock in world trade talks. ”The EU’s offer is substantial, offering new market access in agriculture,” EU trade commissioner Peter Mandelson said.