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Europe has RFID in its sights

Europe has RFID in its sights The EC is pushing for global standards and interoperability for RFID tagging but there is also concern that individual privacy could be compromised The European Commission has launched a wide-ranging consultation into the use of RFID tags in Europe. Viviane Reding, Europe's information society and media commissioner, told a press conference at the CeBIT trade show in Hanover on Thursday that there are several important issues surrounding RFID that need to be addressed. The consultation will focus on three main areas — standards, interoperability and privacy, Reding said. Standards, ideally global ones, are vital if RFID is to

Dollar Advances as Fed May Increase Rate Gap With Europe, Japan

Dollar Advances as Fed May Increase Rate Gap With Europe, Japan Dec. 7 (Bloomberg) -- The dollar rose the most in a week against the euro on speculation the Federal Reserve will next week raise borrowing costs, widening the gap between U.S. rates and those set by other central banks. The dollar also approached a 32-month high against the yen after Prime Minister Junichiro Koizumi said today it's too early for the Bank of Japan to raise rates from near zero. The extra yield offered by two-year U.S. Treasury notes over comparable Japanese bonds is close to the most

Europe launches first of GPS satellites

Europe launches first of GPS satellites Effort seeks end to dependence on US military system The European Union yesterday launched the first satellite in its ambitious Galileo global positioning system, directly challenging the American military's dominance over strategically and commercially critical satellite-guided navigational systems. ''The satellite is up in space and transmitting signals," said Franco Bonacina, spokesman for the European Space Agency, shortly after the unit hurtled into space atop a Soyuz booster launched from the Baikonur Cosmodrome on the steppes of Kazakhstan. Scientists and journalists in Europe monitored the launch on computer linkups through the space agency's headquarters in Paris. The Galileo system

Cadillac off to a slow start in Europe

Cadillac off to a slow start in Europe Cadillacs attempt to break into Europes luxury car market has hit a bump in the road after the first Swedish-built car from General Motors flagship brand missed sales targets. Cadillac is reviewing its European marketing strategy after just 500 of the new BLS saloons – the first Cadillacs not sold in the US – were sold in the first two months it was available. Overall Cadillac sales in Europe remain well behind those of MG Rover, the British carmaker that went out of business more than a year ago. It is slower than we expected,

Microchip Technology Expands Its Network of Local Distributors Across Europe

Microchip Technology Expands Its Network of Local Distributors Across Europe -- Significant progress in expansion of demand-creation capability through new franchise agreements with Pan-European and local distributors -- Greater customer access through microchipDIRECT and new manufacturer representatives -- Six new training centers to support partner and customer training programmes Steve Sanghi, president and CEO of Microchip Technology Inc., a leading provider of microcontroller and analog semiconductors, has announced major progress in Microchips strategy to expand its demand-creation resources to better serve its rapidly increasing European customer base. More : tmcnet.com