The head of the International Monetary Fund, Christine Lagarde, will cut short a visit to Asia to attend a crucial Eurogroup meeting in Brussels next week amid divisions with European leaders over
President Demetris Christofias has made it clear that he is not raising any obstacles in efforts to reach an agreement with the Troika (European Commission, European Central Bank and IMF) on a
Starbucks Corp (SBUX.O) said on Wednesday it plans to buy tea store chain Teavana Holdings Inc (TEA.N) for $620 million, aiming to replicate the success it has had with its namesake coffee
The European Commission imposed provisional duties on ceramic tableware and kitchenware imported from China on Thursday despite opposition from a majority of EU member states. Fourteen of the EU's 27 members voted
Israel’s offensive on Gaza has drawn sharp condemnation around the world, particularly from the online community. The US, however, has advocated Israel’s right to defend itself from terrorists, while the UN reached
The European Union has approved a US$6.3 billion financial aid package for Egypt. The news comes as Europe is paralyzed by a general strike and mass protests as people are tired of
Hamas fired dozens of rockets into southern Israel on Thursday, killing three people, and Israel launched numerous air strikes across the Gaza Strip, threatening a wider offensive to halt repeated Palestinian salvoes.
A flawless deep-blue diamond sold at auction on Wednesday night for 10.27 million Swiss francs ($10.86 million), a world record for a blue diamond per carat and more than twice its pre-sale
The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and France, data showed on Thursday. The French and
Text and video messages designed to help people quit smoking that come in on their cell phones nearly doubled the success rate for attempted quitters compared to people who didn't have such
