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News
Global shares pause for breath ahead of expected ECB action
European shares stalled near a seven-year high and Asian shares hit a six-week peak on Wednesday, a day before the European Central Bank is expected to announce a sovereign bond-buying program to boost the euro zone's flagging economy.
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Looking to the ECB to move the dial
After a head-spinning bout of volatility, next week will be dominated by one question: Will the European Central Bank take the ultimate policy leap or pull its punches?
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Time not right to ease Russia sanctions, EU says
European Union foreign ministers said on Monday there were no grounds to lift economic sanctions against Russia despite conciliatory proposals from the EU's foreign policy chief as violence intensified in eastern Ukraine.
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France's Hollande defends freedom of speech after anti-Hebdo clashes abroad
French President Francois Hollande said on Saturday that anti-Charlie Hebdo protesters in other countries do not understand France's attachment to freedom of speech.
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Alibaba in major initiative to court China consumer for U.S. retailers
China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class.
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Anti-euro mood in Italy clouds Napolitano departure
For Italy's partners in Brussels and Washington, President Giorgio Napolitano was a guarantor of stability during the euro zone crisis. But for austerity-weary Italians turning increasingly against Europe, his image is more ambivalent.
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Kerry pledges support to Bulgaria over energy supplies
U.S. Secretary of State John Kerry pledged to support Bulgaria's efforts to wean itself off dependence on Russian energy at the launch of an annual strategic dialogue between the two NATO allies on Thursday.
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Russian finance minister warns on spending as crisis deepens
Russia's finance minister called on Wednesday for a cut in planned spending to weather an economic crisis, warning of a more than $45 billion drop in revenues this year if the average oil price is $50 a barrel.
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