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News
EU makes new bid to reach deal on Ukraine's jailed Tymoshenko
European Union mediators were to resume a push on Tuesday aimed at securing the release of Ukrainian opposition leader Yulia Tymoshenko, with EU politicians warning that time is running out for the signing of a landmark trade agreement next month.
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Risking Russia's ire, Georgia seeks closer ties with Europe
Georgia's new president said on Monday he would press ahead with efforts to deepen the former Soviet republic's ties with the West despite Russian concerns.
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Weak global growth to prolong Asian slowdown
The slowdown in Asian economies will likely persist for the rest of this year as weak global growth and reforms under way in many countries hinder activity, Reuters polls showed on Thursday.
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EU lawmakers seek to block U.S. financial spying
The European Parliament called on Wednesday for U.S. access to a global financial database in Belgium to be suspended due to concerns that the United States is snooping on the European Union, not just combating terrorism.
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Stock futures drop on China cash fears, European banks
U.S. stock index futures fell on Wednesday, following four straight days of record highs on the S&P 500, amid concern over tightening financial conditions in China and weakness in European banks.
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Eurogroup head says Slovenia must press on with reforms
The chairman of the group of euro zone finance ministers said the bloc stands ready to support Slovenia, but the country must not stray from the path of fiscal reform, a newspaper reported.
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EU members agree to enter investment negotiations with China
European Union governments agreed on Friday to start talks with China to remove restrictions on foreign investment and set clearer rules on doing business after months of trade disputes over Chinese solar panels and EU wine.
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GM aids Opel by booking Russian profits at loss-making unit
General Motors (GM.N) has decided to put its Russian operations back under the control of its European wing - a victory for GM Europe's new president and a signal of support for a workforce that has endured massive job cuts in the hunt for profitability.
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