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Best Buy to sell China business, focus on North America
U.S. retailer Best Buy Co Inc (BBY.N) said on Thursday it will sell its struggling China business, Five Star, to domestic real estate firm Zhejiang Jiayuan Group in order to focus on its North American operations.
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EU, U.S. present Russia with united sanctions, energy front
U.S. and EU leaders will on Wednesday pledge to work together on sanctions and on strengthening the energy security of Europe and Ukraine, as they seek to present a united front to Russia, a draft document said.
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U.S. says to discuss possible new Russia sanctions with Europe
U.S. Secretary of State John Kerry will talk to European allies this week about imposing further sanctions on Russia if pro-Moscow separatists in Ukraine do not halt violence, a senior State Department official said on Tuesday.
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France to help China in hunt for corruption suspects
France is ready to help China track down people suspected of corruption who may be on French soil, and does not rule out extraditing any it finds to Beijing, a justice ministry official said.
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ECB could fix euro zone flaw with risk-free bond
As the European Central Bank comes closer to buying sovereign bonds, one London-based think tank says an opportunity has arisen to fix one of the euro zone's birth defects -- the absence of a credible "risk-free" asset.
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China plans to bid again for Mexico high-speed rail project
China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.
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Russia drops South Stream gas pipeline project, Putin blames Europe
Russia's Gazprom (GAZP.MM) on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe - an apparent casualty of the dispute between Moscow and the West over Ukraine.
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Large, unauthorized convoy enters east Ukraine from Russia: Ukrainian military
Ukraine said on Sunday that a convoy of 106 vehicles had entered its eastern territory from Russia without Kiev's permission and accused Moscow of once again using humanitarian aid shipments to send weapons and ammunition to separatist rebels.
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