European stock index futures rose 1 percent and the euro held near a 1-month high Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize its banks.
François Hollande has won the Oct. 16 primary election against Martine Aubry, making him the Socialist Party candidate to challenge incumbent Nicholas Sarkozy for the French presidency, but his lack of experience and foreign policy know-how may still be his undoing.
In a law suit representing more than 350 organizations, the Center For Food Safety has demanded that the U.S. Food and Drug Administration require companies to label foods that have been genetically modified.
Greece is not able to pay back its current debts even over the course of generations, according to Andreas Schmitz, president of BdB, a German bank lobbying group.
The Italian version of the Occupy Wall Street movement turned violent Satudary as protesters in Rome burned cars and smashed shop windows.
Microsoft Corp. began the process of acquiring the Internet's leading video chat client, Skype, for $8.5 billion, earlier this year. On May, 10, a deal acceptable to all parties was worked out and, according to a report, the two companies have been given permission to proceed, by both the U.S. Federal Trade Commission and the European Union.
A successful outcome for the next global climate change conference in Durban would be to get everything in place for a legally binding successor to the Kyoto Protocol in less than five years, the European Union's chief climate negotiator said.
Bashir has been welcomed in the Malawi capital of Lilongwe by government officials in order to attend a trade summit.
The credit agency’s downgrade of Spain follows a similar cut by Fitch Ratings last week.
The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.
G20 finance chiefs and central bank heads meet in Paris on Friday urgently needing to find a convincing solution to a deepening euro zone debt crisis that has fanned fears of a global slide into recession.
Former Ukrainian Prime Minister Yulia Tymoshenko was found guilty of abuse of power and sentenced to seven years in prison on Tuesday, but her legal troubles are far from over, and the government has now accused her of embezzling $400 million.
Malawi will allow Sudanese President Omar al-Bashir into the country for a regional trade summit starting on Friday and has no plans to arrest him under an International Criminal Court warrant, a senior government official said on Thursday.
U.S. officials indicated that the Iranian operatives as well as members of Hezbollah were transported across the Middle East by Mahan.
Serbia was given European Union candidate status on Wednesday, which is the first step in becoming a member state of the international organization. But for ascension, the country must make amends with Kosovo.
Two years into the Greek sovereign debt crisis, Eurozone countries are still finger-pointing and not working toward a long-term solution based on mutual interest. Further, the most recent $11 billion band-aid for Greece will buy no peace for stakeholders, nor any resolution to the crisis.
Eurogroup Chairman Jean-Claude Juncker has proposed 10 steps for solving the Eurozone crisis including automatic sanctions for fiscally irresponsible governments, greater authority for the Commission and a dividend for taxpayers who rescue banks.
Prime Minister Donald Tusk, leader of the center-right pro-market Civic Platform (PO) party, won re-election in Poland Sunday night. For the first time since the fall of communism in 1989, the major political party in Poland has maintained its grip on power. The fairly fought election in the formerly communist country establishes the country's democratic and economic stability.
The Unites States and the European Union has said the trial for former Ukraine Prime Minister Yulia Tymoshenko was politically motivated and has condemned the seven-year jail sentence.
India and Pakistan agreed to issue multiple visas to businessmen from both countries for one year in order to expand bilateral trade,
Former Ukrainian Prime Minister Yulia Tymoshenko was sentenced to seven years in prison by a judge in Kiev on Tuesday.
A Ukrainian court Tuesday sentenced former Prime Minister Yulia Tymoshenko to seven years in prison for abuse of office in relation to a 2009 gas deal with Russia.
