The future of the European biodiesel industry is in doubt as the EU moves to remove financial incentives for fuel companies to use biodiesel.

INDUSTRY in Europe cut its spend on research and development by 2.6% last year despite much greater drops in sales and profits.

Minister for Finance Brian Lenihan is to give the keynote address at an upcoming conference on Ireland's new structures of financial regulation.

INDUSTRY chiefs have again called on the Government to rescue distressed Irish-owned companies.

President Bush today widened his financial assault on terrorism, naming an additional 39 individuals and organizations to have their assets frozen.