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The European Commission yesterday (1 October) gave the thumbs up to a rescue plan for British mortgage lender Bradford & Bingley and is expected to do the same for Belgo-Dutch bank Fortis within days.
Sasol, Total, ExxonMobil and six others were fined €676 million yesterday (1 October) for participating in a cartel that for 13 years fixed prices of paraffin wax, a petrochemical product widely used for consumer goods like paper cups, candles and tyres.
The liberalisation of the European Telecoms in 1998 marked a milestone for the sector and anticipated the opening up of markets worldwide. (read more)