US to Europe: build bigger debt firewall

U.S. Treasury Department officials expressed cautious optimism on Wednesday that Europe was gaining ground on its sovereign debt crisis but cautioned that it still must put up a convincing financial firewall against

German, euro zone PMI eyed

The euro and European shares firmed on Wednesday as investors waited to see whether fresh economic data will confirm a fragile economic recovery in the euro zone is underway but concerns about

Shell to buy Cove Energy for $1.6 bln

Royal Dutch Shell Plc has made an agreed 992.4 million pounds ($1.6 billion) bid for Mozambique-focused Cove Energy, offering a full price to open up a new gas frontier for the Anglo-Dutch