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July, 2, 2016

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Business > Europe
Medical marijuana activists fear epilepsy drug could undercut them
An experimental epilepsy drug made from cannabis plants grown in England is complicating the medical marijuana debate in hospitals and statehouses.
 
Spain's third-biggest lender CaixaBank on Monday announced plans to launch a takeover bid for the 56 percent of Portugal's fourth-biggest bank BPI that it does not already control.
 
The European Central Bank, increasingly under fire in Germany over its ultra-loose monetary policies, will likely go out of its way to defend its independence at next week's governing council meeting, analysts said.
 
Greek Prime Minister Alexis Tsipras on Saturday said reform talks with the country's EU-IMF creditors, delayed by disagreements over pension cuts and bad loans, could conclude by May 1.
 
The sky's the limit at Geneva inventions show
Shoes that can reunite lost toddlers with their parents and a morphing sofa designed for spur of the moment conjugal relations are among the centerpieces at this year's Geneva inventions show.
 
The European Parliament on Thursday adopted for the first time a single set of rules for the 28-nation EU to protect the privacy of people using the internet.
 
Fitch Ratings on Tuesday lowered Saudi Arabia's long-term credit rating, saying the plunge in oil prices had "major negative implications" for the world's biggest crude exporter.
 
Indian giant Tata Steel began the formal sale of its loss-making British arm on Monday, as it announced it was selling its Scunthorpe plant for a nominal fee.
 
Germany at the start of the year introduced a corporate "women's quota" obliging its 100 biggest companies to fill at least 30 percent of their supervisory board seats with females.
 
French carmaker Renault has signed agreements with Morocco to invest more than US$1 billion and create 50,000 jobs in the North African country, the Moroccan industry minister said.
 
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