Italy and Malta say EU must press Libya to stop boat migration
Italy on Monday called on the European Union to press Libya to stem the gangs smuggling migrants from Africa on overcrowded boats and prevent shipwrecks like the one that killed hundreds last month.
Asian shares stabilize, focus turns to China reform plan
Asian shares held steady on Tuesday, with investors turning their attention to the Chinese Communist Party policy-meeting for clues to China's economic agenda for the next decade, while the dollar's two-day rally against the euro came to a halt.
Khamenei controls massive financial empire built on property seizures
A Reuters investigation details a key to the supreme leader’s power: a little-known organization created to help the poor that morphed into a business juggernaut worth tens of billions of dollars.
German parties reach deal on banking union
Angela Merkel's conservatives and the Social Democrats (SPD) have struck a deal on the contours of a European banking union under which a body attached to the Ecofin council - not the European Commission - would decide when to close failing banks.
U.S., Russia fail to agree on Syria peace talks date
The United States and Russia failed on Tuesday to agree on a date for a Syrian peace conference, remaining divided over what role Iran might play in talks to end the civil war and over who would represent Syria's opposition.
Germany, Britain shine but Europe's recovery still fragile
The euro zone's economic recovery lost a little momentum last month, according to surveys that showed only modest growth in German and French businesses.
The uncomfortable truth in China's property market
In defying four years of official cooling efforts, China's soaring house prices reveal an uncomfortable truth: government is one of the biggest obstacles to the success of taming the market.
EU, IMF coordinate on Ukraine as Russia threat looms
The European Union is in advanced discussions with the International Monetary Fund on providing standby financing to Ukraine should the country come under economic pressure from Russia later this year, senior EU officials have told Reuters.
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