Greece may sell Hellenic Petroleum earlier

Greece may sell its stake in the country's biggest refiner, Hellenic Petroleum , earlier than originally planned, the country's environment minister said on Saturday. Greece has pledged to sell state assets in

Russia condemns EU sanctions against Syria

Russian Foreign Minister Sergei Lavrov condemned on Saturday sanctions imposed on Syria by the European Union, saying they "will lead to nothing good". "We have always said that unilateral sanctions will lead

EU sanctions target Syrian oil, companies

The European Union imposed a ban on purchases of Syrian oil on Saturday and targeted three Syrian firms in an expanded sanctions list meant to intensify pressure against President Bashar al-Assad's government.

EU agrees on Syria oil embargo, sanctions

European Union governments agreed on Friday to ban imports of Syrian oil and extended sanctions to seven new Syrian individuals and entities to intensify pressure on President Bashar al-Assad's government. The United

Turkey expels Israeli diplomats after U.N. report

Foreign Minister Ahmet Davutoglu said on Friday Israel's diplomatic presence in Turkey was being cut to second secretary level, effectively expelling Israeli diplomats in protest over an Israeli raid on a Gaza-bound

Rich trim gold holdings, buy art

Some of the world's richest families are cutting their holdings in gold to take profits on the run-up in prices and are buying high-end art to preserve their wealth during market turmoil,