Winners and losers in EU plan to boost telecoms, rein in tech giants
The European Commission announced proposals for reforming EU telecoms and copyright rules on Wednesday, aimed at speeding up investment in fast broadband while boosting revenues for the telecoms industry and media publishers.
EU lawmakers aim to limit proposed cuts to 2017 budget
The European Parliament will seek to amend an annual budget package agreed by EU member states and in particular wants to limit cuts to research and foreign aid spending, lawmakers said on Tuesday.
Citi sees Russia business pick up as crisis abates
U.S. bank Citi (C.N) is seeing business pick up in Russia as the country's economic crisis abates and is staying as engaged as it can given Western sanctions, its Russia head said.
EU/IMF rift on Greek debt is hurting country, Tsipras says
A rift between the International Monetary Fund and the European Union over how to make Greece's debt sustainable is damaging the country's attempts at economic recovery, Prime Minister Alexis Tsipras said on Sunday.
Saudi Arabia, Russia sign oil pact, may limit output in future
Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil producers would work together to tackle a global glut.
Global stocks push higher as oil takes wild ride
Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance.
U.S. affirms duties on steel from Brazil, India, UK, South Korea
The U.S. International Trade Commission voted on Friday to lock in duties on imports of cold-rolled steel flat products from Brazil, India, South Korea and Britain but said imports from Russia were not injuring the U.S. industry.
German activists take EU-Canada trade deal to Constitutional Court
Activists delivered what they said was Germany's biggest-ever public complaint to the Constitutional Court on Wednesday, hoping it will scupper a trade agreement between the European Union and Canada.
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