Gates warns of more N.Korea ‘provocations’

US Defence Secretary Robert Gates warned that North Korea may stage more “provocations” while being held to account for the sinking of a South Korean warship that has inflamed cross-border tensions. Gates, who met counterparts from Japan and South Korea on the sidelines of an Asian security conference that wrapped up in Singapore Sunday, called for a united front but admitted Washington and its allies had limited options. Attention... [more]

Norway Transport strike ended after agreement

The three-week long strike by 1800 employees in the Norwegian transport industry ended late Friday evening, following 12 hours of negotiations at the office of the National Arbitrator. The nationwide strike at freight terminals began on May 15th and was extended on May 24th. The conflict arose over the use of substitutes and the division of work at the freight terminals. - We have reached an agreement which ensures equal salary for all,... [more]

Nanny loses Heather Mills claim

Heather Mills’s former nanny has lost her claim of sexual discrimination and constructive dismissal against her. Sara Trumble, 26, claimed Mills reduced her to tears with the demands she placed on her and forced her to work long hours without any extra pay The nanny, who was paid £260 a week by Mills to look after her daughter Beatrice, now six, told an employment tribunal she felt she was a hard-working and loyal employee but in... [more]

European Trade unions plan action day over budget cuts

European austerity measures to tackle the soaring debt crisis have sparked “despair” and will cut too deep, a senior trade union official warned Friday, as he announced a protest action day. John Monks, head of the European Trade Union Confederation, who met EU and employers’ officials in Brussels, said there was “despair and alarm at the prospects of growth in Europe as all countries, not just those in distress,... [more]

Naoto Kan elected Japan’s prime minister

Japan’s lower house elected Naoto Kan as the new prime minister Friday, handing the outspoken, grass-roots populist the task of quickly reclaiming public support squandered by his predecessor ahead of July elections. “My task is to rebuild this nation,” Kan said after he was chosen ruling party chief. Pledging to confront problems linking “money and politics,” he also stressing the need to spur economic growth. Kan,... [more]

Norway Plans for new power cable to the Netherlands

Norway’s Statnett has submitted plans to the Norwegian Water Resources and Energy Directorate (NVE) for a second power cable between Norway and the Netherlands (NorNed2). Statnett is preparing to install the cable in cooperation with the Dutch Transmission System Operator (TSO) TenneT. A comprehensive concession/planning process was carried out prior to the first NorNed cable between Norway and the Netherlands, built in 2008. NorNed2... [more]

Dutch start saving hard again

Dutch savers added €1.1bn to their savings accounts in April, up from an average €800m in the previous three months, researchers from financial services group ING said on Wednesday. And over 2009 as a whole, household savings grew by €12.1bn, the highest figure since 2001. The increase in savings comes on the back of the reduction in consumer confidence and unease about personal finances, the researchers said. Share this: ... [more]

EU probes Areva, Siemens civil nuclear deal

European competition regulators announced on Wednesday they are probing the terms of a deal between French and German nuclear giants Areva and Siemens. The European Commission is investigating whether “non-compete clauses… in the field of civil nuclear technology may be in violation of European Union antitrust rules,” according to a statement. Areva and Siemens came together in this area in 2001 with a joint venture,... [more]

Former Vivendi chief Messier goes on trial in Paris

Almost eight years after being ousted from the presidency of Vivendi Universal, Jean-Marie Messier is being asked to explain his actions as head of the French media giant as his trial opens in Paris. Almost eight years after he was ousted from the presidency of Vivendi Universal, Jean-Marie Messier is answering for his actions as head of the media and communications giant as his trial opens in Paris. Messier, 53, appeared in court on Wednesday... [more]

Germany ranked best for business in Europe

Foreign managers view Germany as the most attractive place to do business in Europe, a new poll showed this week. Worldwide Germany came in fifth place behind China, India, the United Statesand Russia in the poll of some 1,000 executives at international companies presented by consulting firm Ernst & Young in Berlin on Tuesday. Germany received particularly good reviews about its infrastructure, quality of life and worker qualifications. “The... [more]

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