E.ON faces fine for allegedly breaking into EU room: report
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German energy group E.ON faces possible fines of hundreds of millions of euros (dollars) for allegedly breaking into a room sealed by European Union investigators, the Financial Times reported.
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The European Commission was abuzz over a new commissioner on its first day in office Monday after learning he was convicted of embezzlement, the BBC reported.
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The European Union (EU) is likely to place tariffs of more than 20% on flat-panel TVs exported to Europe, according to Liu Hai Zhong (transliterated from Chinese), spokesperson for Sichuan Changhong Electronics, as quoted by the China-based web portal Sohu
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Harming the environment should be treated as a crime, the European Commission said Friday as it put forward a draft law that would punish serious offenses across the EU with up to five years in prison or a $975,000 fine.
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The U.S. Justice Department and other  authorities have stepped up investigations into several large  European banks for violating sanctions against Iran, Libya,  Cuba and Sudan, the Financial Times reported in its online  edition.
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The European Union head office imposed fines totaling about &#36;283 million on three companies on Wednesday for carving up among themselves the European market for a chemical used to produce detergents, food and cosmetics.
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An investment bank in Estonia, Lohmus Haavel & Viisemann, and a former worker agreed to pay $15 million to settle Securities and Exchange Commission allegations that they had made illegal trades based on information from stolen news releases. The former employee, Oliver Peek, will forfeit $13 million in profit and will pay a $1.35 million fine. The bank will pay a $650,000 penalty, the S.E.C. said. They neither admitted nor denied wrongdoing in agreeing to the sanctions. The S.E.C.âs lawsuit accused Lohmus Haavel, which is based in Tallinn, of using a computer program to retrieve information on more than 200 United States companies from Business Wireâs secure Web site before announcements were made public from January to November 2005.
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Approved by two thirds of the MEPs, the Barroso II Commission is due to take office on 22 November. Eurosceptic MEP Nigel Farage took the shine off the subsequent celebrations by attacking French Transport
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The incoming head of the European Commission has been trying to end a dispute which threatens to leave the EU without an executive.
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The European Union on Thursday threatened Microsoft Corp. with fines of up to $4 million a day, claiming the software giant had failed to live up to promises for providing affordable and useful information that could help rivals make software for workgroup servers compatible with its Windows system.
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European officials investigating the chip maker say they have a watertight argument for pursuing antitrust charges.
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The European Commission is due to fine  Microsoft on Wednesday as part of a hard-line approach toward  getting the software giant to comply with antitrust sanctions  that appears to be bearing fruit.
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The amount consumers are charged for making mobile phone calls while abroad is to be investigated by EU regulators.
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Officials of the European Commission stated this morning they may be ready to pursue antitrust charges against Intel, based on information they've acquired regarding possible company misconduct in relation to the German retail electronics market.
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A 20-year-old Estonian student has been fined for participating in&#160;a cyberattack that paralyzed Estonian Web sites&#160;and&#160;soured the country&#39;s relationship with Russia, a government official said Thursday.Dmitri Galushkevich used his home PC to launched a denial-of-service attack that knocked down the Web site for the political party of Estonia&#39;s prime minister for several days, said Gerrit Maesalu, spokesman for the Northeast District Prosecutor&#39;s Office in Tallinn, Estonia&#39;s capital. Galushkevich must pay 17,500 kroons ($1,642).Galushkevich is the only person who has been convicted since the cyberattack in April and May 2007 crippled the Web sites of banks, schools, and government agencies.The attacks occurred after the Estonian government decided to relocate a Soviet-era World War II memorial of a bronze soldier. Ethnic Russians in Estonia rioted in the streets, and cyberattacks ensued. Russia denied involvement.&quot;He [Galushkevich] wanted to show that he was against the removal of this bronze statue,&quot; Maesalu. &quot;At the moment, we don&#39;t have any other suspects.&quot;But police are still trying to find others who may have been involved in the attacks, although the investigation is complicated since the attackers are likely outside Estonia, Maesalu said.As the attacks were continuing, Estonian Defense Minister Jaak Aaviksoo called for stronger defenses in Europe against computer hackers.&#160;
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Valencia midfielder Miguel Angel Angulo was given a seven-match European ban by UEFA for misconduct in a Champions League soccer game last week, while his club received a 26,000-euro ($34,500) fine.
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Â· Conservative leader keen to avoid reigniting furore Â· Spokesman on Europe gets severe reprimand