Shiv Kapur shifts focus to the European Challenge Tour Brussels: Shiv Kapur, who has had mixed results this season on the main European Tour, has decided to focus on the European Challenge Tour for the next few months this year.

After winning the season-opening Gujarat Kensville Challenge, Kapur will now figure in the Telenet Trophy at Royal Waterloo Golf Club, near Brussels.

At the Gujarat Kensville Challenge, his only Challenge Tour start thi season, he finished two shots clear of Scotsman Andrew McArthur to clinch the first European title of his career. But in the European Tour events he had mixed results, finishing tied 22nd at Malaysian Open and Tied 31st at Ballantines, but missed the cut at Avantha Masters and Madeira Open.

Kapur may not be able to get a start in some of the bigger European Tour events over the next few weeks and hence the decision to have a go at the Challenge Tour, where the 31 year old currently lies sixth in the Challenge Tour Rankings. After having been a member of The European Tour for seven consecutive years before losing his playing rights for the 2013 season, he is now keen on giving himself an opportunity to bounce back....more    
10:15 PM, May 22, 2013

Germany approves bank reform to protect taxpayers Berlin: Germany has approved new measures to rein in high-risk financial business of banks and to decouple them from retail banking as part of a comprehensive reform to prevent a repeat of the financial crisis five years ago and to minimise the costs for taxpayers if banks were to be bailed out in the future. The Bundestag, the lower house of parliament, on Friday voted with the majority of the...  
07:40 AM, May 19, 2013

Gold holds near two-week high; equities cap gains Singapore: Gold neared its highest level in more than two weeks on Monday, but gains may be capped by a rally in equity markets and promising US jobs data that dampened speculation the Federal Reserve may boost monetary stimulus. Bullion has slipped almost 12 per cent so far in 2013, having posted annual gains in the past 12 consecutive years as easy monetary policy prompted investors to buy the precious...  
10:11 AM, May 06, 2013

Bangladesh factory collapse: EU considers trade action Dhaka: The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400 factory workers. Duty-free access offered by Western countries and low wages have helped turn Bangladesh's garment exports into a $19 billion a year industry, with 60 per cent of clothes going to Europe. Any action...  
03:12 AM, May 02, 2013

Herschel space telescope closes its eyes on Universe London: Europe's Herschel space observatory - the largest infrared telescope ever launched - has stopped working after exhausting its supply of liquid helium coolant, ending more than three years of pioneering observations of the cool Universe. Instruments on The European Space Agency's (ESA) billion-euro flagship observatory have warmed to levels that mean it has closed its eyes on the Universe. The mission began with over 2300 litres of liquid helium,...  
05:25 PM, Apr 30, 2013

European Union praises rapid development of Bihar Patna: The European Union On Tuesday praised the rapid development spree in Bihar within a short period of time. EU envoy Joao Cravinho met Chief Minister Nitish Kumar at his residence and attributed the turnaround to "dynamic leadership" of the Chief Minister. The EU envoy was accompanied by First Counsellor and head of its political affairs Anne Marchal. During the meeting, the EU representatives discussed about new initiatives taken by...  
12:15 AM, Apr 24, 2013

India seeks German political thrust to ink FTA with EU
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Berlin: India on Wednesday sought a strong political thrust from Germany, a key member of the 27-nation European Union bloc, for inking of the long pending Free Trade Agreement with the grouping. This was conveyed by External Affairs Minister Salman Khurshid during his comprehensive talks with German counterpart Guido Westerwelle, during which various bilateral, regional and international issues including EU-India FTA, Iran's contentious nuclear programme, and North Korea were discussed....  
09:00 AM, Apr 11, 2013

Cameron says Thatcher made Britain great, others snub her London: British Prime Minister David Cameron delivered an emotional tribute to Margaret Thatcher in parliament on Wednesday, but political opponents boycotted the debate on her legacy, underlining how divisive a figure she remains even in death. MPs were recalled from their holidays for the first time for the death of a public figure since Queen Elizabeth's mother died in 2002, reflecting the "Iron Lady's" place in history. Thatcher, who died...  
04:47 AM, Apr 11, 2013

PM leaves for Germany, to seek greater business ties New Delhi: Prime minister Manmohan Singh has left for Berlin on Wednesday to participate in the second round of inter-governmental consultations with Germany. The two countries are celebrating 60 years of diplomatic relations and will address possible areas of cooperation. External Affairs Minister Salman Khurshid and other important officials are going to be a part of the delegation on the bilateral visit. Dr Singh will arrive in Berlin on the...  
09:05 AM, Apr 10, 2013

Will Google be penalised for its new privacy policy? European regulators moved a step closer to penalising Google for the way it handles user data after the search engine refused to change its privacy policy. ...  
10:06 AM, Apr 03, 2013

Cyprus details heavy losses for major bank customers Major depositors in Cyprus's biggest bank will lose around 60 per cent of savings over 100,000 euros, its central bank confirmed on Saturday, sharpening the terms of a bailout that has shaken European banks but saved the island from bankruptcy. ...  
04:08 AM, Mar 31, 2013

UEFA recommends referees halt matches in case of racism The governing body reminded referees that they had been authorisied 4 years ago to stop matches in case of racism incidents. ...  
05:54 PM, Mar 28, 2013

Last bullet in chamber for Augusta-chasing Europeans Cabrera-Bello leads a host of top European names hoping to qualify for the first major of the year at the US Masters. ...  
11:10 PM, Mar 27, 2013

Cyprus agrees to tap big depositors to clear way for EU bailout

Cyprus has agreed to shrink its bloated financial industry and tap big depositors at its two leading banks for billions of euros. The last-minute deal has cleared the way for a 10 billion euro bailout from the European Union. ...
11:40 AM, Mar 25, 2013

Cyprus bailout bid goes down to the wire Cyprus's bid to avert financial collapse will go down to the wire after the island said it would hold a crucial sitting of parliament only after finance ministers of the 17-nation euro zone meet on Sunday. Cyprus faces a Monday deadline to clinch a 10 billion euro bailout from the European Union or the European Central Bank sauys it will cut off emergency funding to the country's stricken banks, spelling...  
06:50 AM, Mar 24, 2013

Cyprus closes in on EU bailout, U-turn on levy Cyprus is expected to make a dramatic U-turn on Saturday to avert the imminent threat of financial meltdown, having signalled it is willing to tax big savers in its stricken banks to clinch a bailout from the European Union. The island's partners in the 17-nation euro zone scheduled a meeting for Sunday in Brussels, in a strong sign they believe a solution is near. ...  
06:40 AM, Mar 23, 2013

European Commission welcomes end of India-Italy row The European Commission on Friday expressed relief over the end of a diplomatic stand-off between India and Italy over marines issue. The commission took note of the decision of the Italian authorities to send back to India the two marines, Massimilian Latorre and Salvatore Girone, but "we have no details of the arrangement", a spokesman said. ...  
01:04 AM, Mar 23, 2013

Cyprus scrambles to avert meltdown, EU threatens cutoff Cyprus considered nationalising pension funds and ordered banks to stay shut till next week to avert financial chaos after it rejected the terms of a European Union bailout and turned to Russia for aid. ...  
07:40 AM, Mar 21, 2013

Cyprus: Bailout deposit tax plan rattles markets Stocks around the world and the euro fell sharply Monday as investors fretted over a plan to tax depositors in Cypriot banks as a way to partly fund a bailout of the Mediterranean island nation. Although Cyprus accounts for only around 0.2 per cent of the economic output of the 17 European Union countries that use the common euro, the tax on depositors was a significant policy shift that has...  
05:45 PM, Mar 18, 2013

Marines case: Envoy can be sent to jail, says Salve Former counsel for the Italian marines in the Kerala fishermen killings case, Harish Salve has said that there is no legal bar or immunity to the Italian ambassador, Daniel Mancini, from being arrested by the Supreme Court. ...  
07:07 AM, Mar 17, 2013