Europe

European factory orders slump as economy slows

Berlin - Europe factory orders slumped sharply in May, data released Wednesday showed, led by falling demand for electronic equipment and manufacturing goods.

US missile defence chief: Iran can strike most of Europe

Washington - Iran probably can already hit most of Europe and even Britain with a ballistic missile, even though it has not demonstrated the capability, the Pentagon's missile defence chief said Monday.

"I personally believe, based on what I've seen, that right now Iran has the ability to reach most of Europe. Right now. And they just haven't demonstrated it yet," Lieutenant General Henry Obering said in an interview with Deutsche Presse-Agentur dpa.

Obering heads the Pentagon's Missile Defence Agency, which is building the missile shield that the Bush administration wants to deploy to Poland and the Czech Republic to counter the Iranian threat.

E.ON joins forces with Dong to buy world's biggest wind park

Berlin - Europe's biggest utility group E. ON AG said Monday it had joined Danish power group Dong Energy to take control of the world's largest offshore wind farm.

Trichet to press Beijing for stronger yuan

Berlin - European Central Bank chief Jean-Claude Trichet said Friday he plans to raise again with Chinese authorities the benefits of a stronger yuan when he visits Beijing next month for the Olymp

Trichet warns about ongoing market turmoil, inflation risks

Berlin - European Central Bank chief Jean-Claude Trichet warned Friday about the threat posed by surging inflation sparking a wage push.

EU charges Intel used coercion, bribery with EU makers

Brussels/Frankfurt/New York - European regulators charged late Thursday that US chip-maker Intel used coercion and bribery to unfairly gain market advantage in Europe.

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