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News
German economy minister rejects tougher sanctions on Russia
German Economy Minister Sigmar Gabriel said on Sunday he does not believe tighter sanctions against Russia will help resolve the Ukraine crisis even though Chancellor Angela Merkel said on Saturday the European Union is considering further sanctions.
News
Euro zone grows faster than expected in third quarter
Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession.
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Russia gas flows still frozen; Ukraine banks on mild weather to hold out
Ukraine signaled it may hold off from paying Russia's billion-dollar gas invoice - part of an EU-brokered agreement to restart supplies frozen since June - in the hope mild weather can help it last out longer as it grapples with near-bankruptcy.
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Euro zone risks self-fulfilling loss of momentum
The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.
News
U.S. stocks rise, oil falls below $80
U.S. stock prices rose on Thursday, hovering near record highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy.
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China-US climate pact 'heartening' but short of what's needed: IPCC
A deal between China and the United States to combat global warming is "heartening" although it falls short of the action needed to avert the worst impacts, the head of the U.N. panel of climate scientists said on Wednesday.
News
Not clear whether weaker euro can solve growth problems
European Central Bank Executive Board member Benoit Coeure on Friday raised doubts about whether a weaker euro would be the way to ignite growth in the euro zone.
News
U.S. money-laundering probe draws in Putin's inner circle: WSJ
U.S. prosecutors have launched a money-laundering investigation into a member of Russian President Vladimir Putin's inner circle, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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