The first World Cup in Africa initially sparked high hopes of a credible challenge for honours from some of the continent's top teams but a double blow has since made the likelihood
Oil edged higher towards $72 on Tuesday as forecasts for a drop in U.S. inventories helped stabilise a volatile market driven by concerns that Europe's debt crisis would cut into energy demand.
European finance ministers sought to calm nervous markets on Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes
President of the Republic of Cyprus Demetris Christofias has called a meeting of the Informal Council of Leaders for Tuesday, to discuss the situation in the Cyprus problem. The Council, comprising political
New austerity plans set by Spain and Portugal will produce only small improvements in their debt trajectories, and weaker growth due to the austerity could erode even those modest gains, Reuters calculations
Oil recovered early losses of almost 3 percent on Monday after a dip below the psychological $70 a barrel level brought out bargain hunters, despite signs of weakness in the U.S. recovery
German Chancellor Angela Merkel will on Monday agree a package of budget cuts with her cabinet and outline her policy agenda through 2014, hoping to shore up the euro and her own
European finance ministers sought to calm nervous financial markets on Monday by nailing down details of a massive financial safety net for the euro zone and working towards stricter budget discipline rules.
European shares were lower around midday on Monday, as Hungary's debt crisis added to existing worries about the euro zone, though losses were pared after the release of better-than-expected German manufacturing data.
Yahoo Inc is planning to introduce features that will give its users even more access to updates from the popular social networking site Facebook, expanding a partnership the web companies struck last
