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The fine was imposed on Microsoft for failing to offer Window users a choice of Internet browsers. The U.S. software company promised to give European consumers a choice of browsers back in a 2009 antitrust settlement.

The A350 is Airbus' version of Boeing's Dreamliner, which was grounded because of fires started by the battery packs. The move makes the launch of the A350 less risky.

The German economy shrank 0.6 percent during the last quarter of 2012, dragging the eurozone deeper into recession. There are some positive signs, however.

If his Conservative Party prevails in 2015 elections, the prime minister said, he will put the question to the British people: stay or go?

In the European Union, unemployment rates are at their highest ever, as a returned recession, falling income levels and persistent debt concerns trouble the region's economy, as its latest statistics show.

As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.

A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at least another year of recession.

European Leaders have been working to figure out a way to supervise banks spread across the different countries that use the Euro currency. The German finance minister said a new system would be up and running by the spring of 2014.

Honoring the European Union with the Peace Prize was controversial. Today, EU officials accepted the prize and made the case that their organization has helped countries on the continent rebuild after the devastation of World War II and set an example for other regions around the world.

For decades, U.S. peanut farmers have been trying to sell peanut butter to Europeans. It hasn't worked.