The EU has on 24 June 2010 adopted new measures aimed at simplifying management rules for the structural and cohesion funds. The changes should help to facilitate access to the funds and accelerate flows of investment at a time when public budgets are under pressure. As part of the measures to counter the economic crisis, additional advance payments totalling €775 million will be paid out to some member countries to tackle immediate cash flow problems.

• June 25, 2010

Recently rebuffed in its attempts to buy Macarthur Coal, the coal miner says it is undeterred and remains optimistic of opportunities in Australia and Mongolia

• June 25, 2010

A meeting today of prominent CEOs from the United States and Russia with Presidents Medvedev and Obama marked a major step forward in U.S.-Russia business relations. The meeting was held today as part of the economic summit between the U.S. and Russia.

• June 25, 2010

Bulgaria’s Economy and Energy Minister, Traicho Traikov, defended Monday the outsourcing of services by the three foreign – owned electric power utilities in Bulgaria.

• June 24, 2010

Russian President Dmitry Medvedev came here to learn about Silicon Valley and notched at least one deal in the process.

• June 24, 2010

Iran’s Foreign Minister Manouchehr Mottaki said here on Thursday that the Islamic Republic of Iran supports nuclear disarmament across the world, particularly in the Central Asia.

• June 24, 2010

Russian President Dmitry Medvedev has arrived in the United States for a visit aimed primarily at wooing U.S. investors he hopes will help launch Russia's technology sector into the 21st century.

• June 24, 2010

Energy commissioner Guenther Oettinger said other nations should not fall victim to the dispute over unpaid bills. It came as Lithuania, a country that is totally dependant on the Russian gas

• June 24, 2010