Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the Eurozone's third-biggest economy, which he said would shrink by about 1.5 percent this year.
Apple Inc. has requested European Union antitrust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility Holdings Inc., according to a Motorola Mobility regulatory filing on Friday.
European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros though policymakers admitted urgent work was still needed to get its debt-cutting program back on track.
Iran is clearly trying to develop nuclear-weapons capability -- and if it succeeds, then it will set off a dangerous round of nuclear proliferation across the Middle East -- British Foreign Secretary William Hague said in an interview published on Saturday.
U.S. Secretary of State Hillary Clinton is treating Iran's letter about restarting nuclear talks with caution, but noted Iran's response was “the one we have been waiting for.”
Some European leaders have expressed optimism that the next round of rescue financing for debt-scarred Greece will be approved by Eurozone finance ministers at a crucial meeting in Brussels on Monday.
The U.S. health regulator on Thursday declined a request by orange juice producers to allow a higher tolerance of a banned fungicide in juice imports, a decision that will force Brazil to stop exporting concentrated orange juice to the United States.
Kosovo celebrates its fourth anniversary of Unilateral Declaration of Independence (UDI) on Feb. 17. Even after four years of its UDI, the Albanian majority country is still to make any head way towards development or in ensuring stability in the region. The biggest challenge it faces includes its conflict with Serbia, which don't recognize Kosovo's independence and the resistance from several of the European Union countries that oppose its inclusion in the Union.The territorial confl...
The weightloss drugs like GlaxoSmithKline's Alli and Roche's Xenical run the risk of very rare liver-related side effects, according to European Medicines Agency.
Oil prices moved higher in Asian trade Friday as tension between Western countries and Iran continued to intensify.
There were a number of new developments in the ongoing Iran-Israel saga.
Greece’s finance minister Evangelos Venizelos has suggested some countries in the bloc want Greece to leave the eurozone.
Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted sceptically on Thursday as acrimony grew between Athens and eurozone partners led by Germany.
Israeli Defence Minister Ehud Barak said on Thursday Iran's announcement of new nuclear achievements was exaggerated and meant to fend off action against the Islamic republic.
Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted skeptically on Thursday as acrimony grew between Athens and euro zone partners led by Germany.
Using spyware technology that can intercept telephone text messages, Syrian government has resorted to applying blocks on text messages which contain politically sensitive terms such as revolution, or demonstration.
Conflicting reports on whether or not Iran will terminate the supply of its crude to Europe before European Union sanctions become effective have come to the front fuelling the worries of possible risk of oil supply disruption.
Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
European Union finance ministers will meet in Brussels to finalise Greece's second bail out deal.
Greece expressed hope Wednesday that it can secure its second EU/IMF bailout in as many years and a deal on easing its debt burden next week, but its euro zone peers made clear the months of increasingly ill-tempered argument are not quite over yet.
Senior Greek officials were asked to pledge in writing that they would abide by the terms spelled out in the austerity program.
Stocks gave up gains on Wednesday as the S&P 500 hit a technical barrier near a nine-month high and Apple shares erased a 3 percent advance.
