Gold prices edged higher Friday after Eurozone leaders, in their eighth sovereign debt crisis summit this year, agreed to craft a treaty that will limit the ability of members to run-up unsustainable government debts.
Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain isolated.
Luxury goods conglomerate, LVMH is believed to be planning for a £300 million investment on three stores on one of the most expensive shopping areas in London.
Crude oil prices dropped below $98 a barrel in Asian trade Friday as investors' hopes dimmed over the outcome of a crucial European Union summit later in the day.
The striker has also attracted attention from Italy and Russia.
European Union leaders paused from their summit after hours of talks focused on trying to find a solution to the euro zone debt crisis.
European Union leaders paused from their summit after hours of talks focused on trying to find a solution to the euro zone debt crisis.
European leaders agreed on stricter budget rules for the euro zone Friday, but failed to secure changes to the EU treaty among all 27 member states, meaning a deal will instead have to involve just euro zone states and any others that want to join.
The European Union failed to secure backing from all 27 countries to change the EU treaty at a summit on Friday, meaning any deal will now likely involve the 17 euro zone countries plus any others that want to join, three EU diplomats said.
Among seniors with a high risk of bone fractures, taking vitamin D or calcium pills has no impact on their chances of dying from cancer or vascular disease, researchers say in a new study.
Michael Buble continued his reign at the top of the U.S. Billboard 200 album chart on Wednesday with Christmas, as Bruno Mars' single It Will Rain took the No. 1 spot on the Hot 100 chart.
Support grew on Thursday for an EU plan to agree a global climate change pact with binding targets by 2015, after poor nations vulnerable to climate change forged alliances with developed countries.
Times may be tough for neighborhood bookstores, but people are reading more than ever and e-books are nurturing bookworms who hunger for everything from blockbuster biographies to literary fiction.
A storm packing hurricane-force winds hit Scotland and northern England on Thursday, closing roads and cancelling flights across the UK.
EasyJet successfully tested a new ash detector system called AVOID on Wednesday that could put an end to future travel chaos in the wake of volcanic eruptions.
No matter her audacity, the Material Girl is only as good as her material, and Madonna has only half a movie here.
McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
The details of the killing on Dec. 8, 1980 are sadly familiar to almost everyone who remembers that awful event.
Talk of Greece voluntarily leaving -- or being kicked out of -- the eurozone was once verboten. Now bank economists, investors, and even central bankers are talking about it as though it's a done deal. The divide between rhetoric is also growing. Those predicting the future Greek exit are calling it "manageable," while those saying it won't happen are labeling the possibility "catastrophic."
Japan offered a heartfelt apology for the systematic mistreatment of Canadian prisoners during World War Two, helping to heal ties between the two nations, Ottawa said on Thursday.
European Union leaders gathered on Thursday for a critical two-day summit focused on trying to find a solution to the euro zone debt crisis.
The European Banking Authority noted banks within the 27-nation European Union need to raise €114.69 billion ($152.8 billion) by June of next year in order to meet the authority's capital requirements. That amount is €8.24 billion, or 7.18 percent, more than the supranational regulator had noted on October 30. The balance sheet apparently worsened at certain banks, most notable in Germany, Belgium and Austria.
