U.S. investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one because, otherwise, market losses could have been larger.
Moscow will have the rights to raise the price of gas in the coming years.
The Italian government was forced to pay out a record 6.5 percent in interest rate at an auction on Friday, thereby putting even more pressure on the nascent government of Prime Minister Mario Monti.
The Austrian banking system is on fire: getting singed not only by the heat of the Eurozone sovereign debt crisis, but also by the immolation of an Eastern European asset bubble the banks had been underwriting for a decade. Stumbling, contradictory guidance from the management of several banks has not helped either. And a stalling Austrian economy is only likely to make things worse
South Africa's direct economic exposure to countries at the epicentre of the euro zone debt problems is low, but the risk of increased trade protectionism as a result of the crisis could harm local exports, Deputy President Kgalema Motlanthe said on Wednesday.
Russia has again warned the U.S. about deploying a missile defense system in Europe, with President Dmitry Medvedev saying his nation will deploy new missiles aimed at the shield if the U.S. goes forward with its plan.
After President Barack Obama's commitment this month to a transpacific free trade agreement, business leaders in Europe and United States are asking for a similar initiative across the North Atlantic to spur economic growth and create jobs.
People who eat canned versus homemade soup have high levels of bisphenol A (BPA), according to research released Tuesday about the controversial plastic-hardener linked to developmental disruptions in children along with cancer, diabetes and heart disease in adults.
Despite mounting pressure from the U.S. and the European Union, Ukrainian President Viktor Yanukovych has insisted on keeping former Ukrainian Prime Minister Yulia Tymoshenko imprisoned on a conviction of power abuse.
The European Union proposes legislation to label crude oil derived from Canada's vast reserves of tar sands, as well as from other sources of unconventional oil, as highly carbon intensive.
The U.S.-imposed delay of TransCanada Corp's Keystone XL oil pipeline shows Canada's energy industry cannot relax efforts to improve its environmental record, a former top minister in Prime Minister Stephen Harper's government said on Monday.
Egyptian activists called for a huge turnout in protests Tuesday to put an end to rule by the military which also saw its authority challenged by the resignation of the civilian Cabinet, casting uncertainty on elections due next week.
With key parliamentary elections only a week away, Egypt has once again spiraled into turmoil as thousands of protestors in Cairo's Tahrir Square called for the ousting of the military-led, interim civilian government, and getting what they chanted for as the country's army-appointed government handed in its resignation Monday.
Prosensa announced the outcome of the Opposition Division of the European Patent Office (EPO) ruling on dystrophin exon 51 skipping molecule. Wedbush Securities said the EPO decision, pending any appeal, may effectively prevent AVI BioPharma from marketing its lead exon 51 skipping molecule, eteplirsen, for Duchenne Muscular Dystrophy in the European Union without a license
Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public-sector union readied itself for strikes.
Muammar Gaddafi's son Saif al-Islam has been captured in Libya's southern desert, scared and with only a handful of supporters, by fighters who vow to hold him in the mountain town of Zintan until there is a government to hand him over to.
This is clearly an austerity budget, as most member states are in the midst of a serious financial crisis, said EU budget commissioner Janusz Lewandowski.
The son of Libyan dictator Muammar Gaddafi is being held by Zintani rebels, authorities confirm, and will face trial for crimes against humanity. But will Saif al-Islam be tried in Libya, or by the International Criminal Court? And what role did al-Islam, once a Western-styled reformer, play in the brutal repression of the February uprisings?
European Union negotiators agreed to a two percent rise in the bloc's budget for next year to 129 billion euros ($174 billion), following more than fifteen hours of talks which ended in the early hours of Saturday morning.
While German Chancellor Angela Merkel and British Prime Minister David Cameron have tried to put a happy face on their Friday meeting in Berlin, the two prominent European leaders differ sharply on ways to resolve the Eurozone debt crisis.
On Friday, Indonesian budget airline Lion Air placed a $21.7 billion order with Boeing, the airplane giant's biggest commercial order on record.
Papademos’ government also promised that it will not have to enact any further austerity cuts.
