Global stocks headed for their best week in over two years on Friday, bolstered by EU leaders' efforts to contain the euro zone debt crisis which have stoked appetite for riskier assets,
The head of Europe's bailout fund said Friday he did not expect to reach a conclusive deal with Chinese leaders during a visit to Beijing but expects the surplus-rich country to continue
Standard & Poor's cut Cyprus' long-term credit rating by a notch to BBB on Thursday, citing the Cypriot banking system's exposure to sovereign Greek debt. European Union leaders earlier Thursday struck a
. BY TOM LAWRENCE In a few days’ time the rest of the world will pay no attention at all as the Greek Cypriot and Turkish Cypriot leaders meet UN Secretary General
. By Shavasb Bohdjalian The European Union is now discussing two options for giving the euro zone rescue fund more firepower — an insurance model and a special investment vehicle (SPIV), a
. It appears that Katherine Ashton may have her priorities mixed up. As EU High Representative for foreign affairs of the 27-member group, she has reportedly rebuffed twice the complaints put forward
A speedy return of Libyan oil output to pre-war levels is facing new obstacles as foreign firms struggle to negotiate who will provide security for workers vulnerable to attacks in the desert
A deal struck by euro zone leaders on Thursday to contain the region's dangerous debt crisis was greeted sceptically in the two countries most in the firing line, Greece and Italy, with
Greek Prime Minister George Papandreou will present to the nation on Thursday an EU deal to lower Greece's debt burden, amid rising frustration with his Socialist government and fears the agreement could
* Squeeze on dividends and lending? * Cyprus’ two main banks, Bank of Cyprus (BOC) and Marfin Popular Bank (MBP), have announced they need a capital buffer of amounting to EUR 3.6
