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.

• December 1, 2014

The European Commission wants to streamline the European Union's complex rules governing economic policy-making, but won't change the two key laws that sharpened budget policy control during the debt crisis, a top official responsible for the euro zone said.

• November 30, 2014

Russian President Vladimir Putin's visit to Turkey on Monday will have trade and energy issues at its heart, but is not expected to bridge deep differences over Syria and Crimea.

• November 28, 2014

Russia's most powerful oil official Igor Sechin said in an interview with an Austrian newspaper that oil prices could fall below $60 by mid-way through next year.

• November 28, 2014

At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago.

• November 26, 2014

An election in ex-Soviet Moldova next weekend will decide how closely it sticks to its path of European integration in defiance of Russia, as neighboring Ukraine struggles to handle a war triggered by following a similar pro-Europe line.

• November 23, 2014

World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.

• November 23, 2014

A global deal to combat climate change in 2015 looks more likely after promises for action by China, the United States and the European Union, but any agreement will probably be too weak to halt rising temperatures.

• November 23, 2014