Chinese automaker inks deal to buy Volvo
China's Zhejiang Heely Holding Group has reached an agreement with Ford Motors to take over Ford's Volvo Unit. The deal to buy the struggling Swedish company has been two years in the making.
Belarus Executions Draw EU Protest
Belarussian human rights activists said two convicts have been executed, triggering protests from European lawmakers.
Tajik PM Disputes Uzbek Rationale For Rail Delays
Tajikistan's prime minister has described as an "excuse" Uzbekistan's claims that technical problems are blocking freight trains bound for his country.
Japan's deflation gloom continues
Consumer prices in Japan are continuing to fall, latest figures show, threatening the country's recovery from recession.
Estonia praised for euro readiness
European Commission President Jose Barroso has praised Estonia's economic efforts and said he supports the country's bid to join the eurozone next year.
Bulgaria Trade Unions Defy Govt's Plan to Up VAT
Bulgaria’s two major trade unions have declared themselves explicitly against the government’s intention to raise the value-added tax from 20% to 22%.
Russian customs union may undermine Georgia embargo
Russia’s customs union with Belarus and Kazakhstan may provide a loophole that will allow Georgian goods to enter Russia for the first time since an embargo was imposed in 2006, Georgian President Mikhail Saakashvili said.
Japan exports to Asia and US rise
Japan's exports grew 45% in February compared with the same month a year ago, because of strong demand in Asia.
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