The United States has named 14 companies owned by Libya's state oil firm as subject to sanctions including prominent east Libyan operator Agoco, aiming to cut off a key source of funds
Hollywood legend Elizabeth Taylor, one of the most alluring actresses of the 20th century, died on Wednesday at age 79, her publicist said. She died at Cedars-Sinai Hospital in Los Angeles surrounded
Britain's budget on Wednesday is likely to show the government's ambitious deficit-busting goals are still within reach, but an uncertain recovery and stubborn inflation could yet disrupt its austerity plans. Finance minister
Japanese authorities advised against allowing infants to drink tap water in Tokyo due to raised radiation levels and the United States became the first nation to block some food imports from Japan
Saudi Arabia plans to begin municipal elections this month, the first political concession from the conservative U.S. ally since protests sweeping the region reached the kingdom, a government website said on Wednesday.
J Sainsbury, Britain's third-biggest supermarket group, missed fourth-quarter sales forecasts, adding to signs of a slowdown in consumer spending growth as inflation climbs and government spending cuts bite. Sainsbury, which trails industry
Portugal's parliament is expected to reject the government's latest austerity measures on Wednesday, setting the stage for the possible collapse of the minority Socialist administration a day before a European summit. Prime
The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at 16-25 trillion yen ($185-308 billion), making it the world's
Japanese shares fell on Wednesday after the previous day's four-percent rally, while government bond futures edged higher as investors paused to assess the economic damage from this month's earthquake and tsunami and
. European Union finance ministers have agreed on the setup of the European Stability Mechanism — the permanent euro zone bailout fund. Following are their decisions put together in a "term sheet"