U.S. to face differences with China head on at talks next week
The United States said on Thursday it would not "paper over" differences between the United States and China when top officials of the world's two largest economies meet to discuss financial and political strategy in Washington next week.
Euro zone sets emergency summit on Greece as money flees
Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.
U.S. tech firm Cisco to invest $10 billion in China expansion
Cisco (CSCO.O) plans to invest more than $10 billion in China along with local business partners over the next several years, the U.S. network equipment maker said on Wednesday, as it seeks to shore up its position against strong domestic rivals.
Russia, Germany call for swift end to fighting in east Ukraine
The foreign ministers of Russia and Germany spoke on Wednesday and agreed on the importance of ending fighting in eastern Ukraine immediately, Russia's foreign ministry said.
Energy and medicine top import risk list as Greece teeters
Imports of energy and life-saving medicines top the list of products in jeopardy if Greece defaults on its debt and moves closer to exiting the euro zone.
Putin says Russia beefing up nuclear arsenal, NATO denounces 'saber-rattling'
President Vladimir Putin said on Tuesday Russia would add more than 40 new intercontinental ballistic missiles (ICBM) to its nuclear arsenal this year, prompting NATO's chief to accuse Moscow of dangerous "saber-rattling".
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.
Germany hardens line on Greece after talks collapse
German politicians from across the political spectrum backed Chancellor Angela Merkel's firm line in aid talks with Athens on Monday despite the growing risk of a Greek default that could push it out of the euro zone.
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