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News
Global economy starts second half on solid footing
China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.
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EU will exclude gas technology from Russia sanctions-sources
EU leaders seeking to agree sanctions against Russia over its actions in Ukraine are expected to include oil technology but exclude technology for Russia's all-important gas sector, EU sources said on Friday.
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Italy backs more Russia sanctions, says foreign minister
Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.
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EU targets state-owned Russia banks in sanctions plan
The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.
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Russia says U.S. sanctions break WTO rules, could cause trade dispute
The latest U.S. sanctions against Russia violate World Trade Organization rules and may force Moscow into a destabilizing trade dispute, Russia's ambassador told the Geneva-based trade body on Thursday.
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Petrol prices rise in Crimea despite Russian promise
The cost of petrol has risen in Crimea for the first time since Russia seized the Black Sea peninsula from Ukraine in March, despite a promise by Moscow to reduce the price.
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Ukraine says EU reverse gas flows lower on Gazprom opposition
Ukrainian Energy Minister Yuri Prodan said on Wednesday reverse gas flows from the European Union to Ukraine had fallen because of opposition from Russian gas producer Gazprom.
News
Israel pummels Gaza; Kerry steps up diplomatic push
Israeli forces pounded Gaza on Wednesday, meeting stiff resistance from Hamas Islamists and sending thousands of residents fleeing, as U.S. Secretary of State John Kerry said on a visit to Israel ceasefire talks had made some progress.
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