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News
Eurozone watchdog says some banks should go under
Some of the euro zone's lenders have no future and should be allowed to go under if they fail a health check, the bloc's new banking supervisor told the Financial Times, underscoring a tougher approach to banking oversight.
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Here comes the euro zone growth data
The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc's underlying strength.
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Kremlin says no need to review Ukraine gas deals - if Kiev pays
Russia signaled on Wednesday that it could toughen demands for gas payments from Ukraine if Kiev fails to fulfill existing agreements, increasing pressure on an ex-Soviet neighbor gripped by an economic and political crisis.
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EU lawmakers call for stronger safety net for failing banks
EU lawmakers called on Thursday for a strengthening of plans to tackle failed banks in the euro zone, as tensions mounted in talks to seal the important reform.
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Google improves antitrust offer, EU says deal in sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and avoiding a fine of up to $5 billion.
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China warns officials not to cover up corruption
Authorities in China have warned they will go after officials who cover up corruption, state media reported on Tuesday, in the government's latest effort to curb widespread graft.
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Shares slump as U.S. slowdown joins emerging-market woes
World shares slumped to near a four-month low on Tuesday as signs of a slowdown in the U.S. economy aggravated the anxiety caused by a sell-off in emerging markets.
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Russia to await new Ukraine government before fully implementing rescue
President Vladimir Putin raised the pressure on Ukraine on Wednesday, saying Russia would wait until it forms a new government before fully implementing a $15 billion bailout deal that Kiev urgently needs.
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