eCommerce: German online spending up 560%

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European power market: absence of regulator could impede progress

France, Germany, Belgium, the Netherlands and Luxembourg have signed an agreement to integrate their electricity transmission systems. This deal is being hailed by some as the first step towards a fully integrated European wholesale market. However, the lack of an independent, comprehensive regulator may slow movement towards this goal, and towards facilitating cross-border trade.

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FATCA: UK follows in US's footsteps

The Cayman Islands has announced that it will implement a FATCA Model 1 intergovernmental agreement with the US and that it will seek similar automatic exchanges of information with the UK. The announcement marks the latest major offshore jurisdiction to enter into a FATCA agreement with the US and, unsurprisingly, also with the UK.

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Fortis: the fine line between hunter and prey

Fortis' Q1 profits have reached E831 million, ahead of expectations. However, these expectations were low following a series of profit warnings. Fortis' fate will now be decided on whether it can keep beating the economic downturn and deliver its promised 12% yearly profits as the next round of mergers begins in European financial services.

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Fuel retailing: Irish to pump up the volume at 6.7% per year

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Fuel retailing: Luxembourg has highest throughput per site

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GM foods: EU agreement doesn't allay consumer fears

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GM foods: give it time

After a five year long moratorium on growing and commercializing GM foods, the EU has authorized the entry of a GM product onto the market. European consumers are still unconvinced, and the biotechnology companies behind the products fear the public may reject them. However consumers may learn to accept GM, first in nutraceuticals, and then in mainstream foods.

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Heinz: in the lap of Beneluxury

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Investments: EU causes alarm and despondency

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