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Brussels: Brussels concessions on airline emissions, Markets b...
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Friday September 06 2013
European Union News
Brussels concessions on airline emissions
New approach on contentious scheme to tackle airlines' carbon pollution in effort to persuade UN agency to back a global plan to deal with issue
Markets bet on UK rate rise two years early
Reinforcing positive mood in financial markets on UK growth, benchmark 10-year government borrowing costs rose over 3% for the first time since 2011
Optimism grows for developed economies
Government borrowing costs in US and Europe surge on anticipation central banks will increase interest rates earlier than previously thought
ECB's Draghi cautious about recovery
Central bank keeps rates on hold and expects GDP to contract 0.4% instead of 0.6% in 2013, but cuts its outlook for 2014 from 1.1% to 1%
Europe urges China to cede business control
Government regulators criticised for 'unfairly targeting' foreign companies in a series of recent corruption and monopoly investigations
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