Greece's international lenders agreed on Monday to give the country two more years to make the cuts demanded of it but the euro zone and IMF clashed over a longer-term target date
The European Central Bank has agreed to broaden the framework for allowing Greek banks to tap emergency loans from Greece's national central bank, German daily Die Welt reported on Monday, citing central
Greek bank shares fell after Athens unveiled the terms of a recapitalisation under which lenders will issue convertible bonds and shares to meet a core Tier 1 capital adequacy ratio of at
Dmitry Rogozin, the head of Russia’s defense industry, has urged for tougher punishments for corruption in military procurement. He equated such crimes to high treason. “Have they [officials responsible for military manufacturing]
Asian shares were capped on Monday as investors' concerns about the fiscal crisis in the United States and Greece's bailout programme dented optimism over the growth prospects of the world's two largest
The Greek parliament approved an austerity budget for next year on Sunday, allowing it to extend its international financial bailout and avoid bankruptcy. With backing from all three parties in conservative Prime
Superstar pianist Sir Elton John and his partner David Furnish, who has already fathered a surrogate child for the pair, are expecting their second baby together in 2013 from the same surrogate
Lionel Messi’s brace in Barcelona's 4-2 win over Mallorca in Spanish La Liga has taken him to 72 goals for the calendar year, one better than Pele's mark. Xavi Hernandez, Messi and
A 1932 Picasso portrait of his mistress sold for $41.5 million on Thursday at Sotheby's, helping drive a $163 million total for its sale of Impressionist and modern art which nonetheless fell
Seven members of an elite U.S. Navy SEAL team, including one who participated in the raid that killed al Qaeda leader Osama bin Laden, have been reprimanded for disclosing classified material while
