Ambitious projects drive Saudi $75 oil policy

Saudi Arabia's newly declared $75 a barrel target price for oil aims to ensure crude export revenues can fund ambitious development plans in the kingdom. Saudi King Abdullah on Saturday said ...

EU prosperity at stake in crisis disunity:

The global financial crisis has been a stark reality check for the European Union, exposing divergences over economic policy and highlighting the European Commission's growing difficulty in enfor...

British charities no haven for laid-off bankers

People dumped from finance jobs who hope to find employment in the voluntary sector may have to reconsider, because as Britain slips into recession, ailing charities are struggling to absorb the unemp...

ANALYSIS-Dumped summit exposes China-Europe disenchantment

The public cheeriness that usually accompanies summits between China and the European Union is on ice this year after Beijing called off the annual meeting, exposing rifts that go well beyond their ti...

Property market detox quashes investor appetite

Real estate used to be the ultimate all-weather asset class, with low correlation to volatile stocks and unexciting bonds. But in today's debt-starved market, property is not the safe haven it on...