European Union regulators have banned imports of Chinese soy-based food products for infants and young children after an industrial chemical was found in Chinese soybean meal, the EU executive said on Wednesday.
Nigeria's interbank foreign exchange market has effectively shut down, dealers said on Wednesday, as dollar supply dwindles and it waits to see if the central bank will allow the local currency to
The European Commission proposed on Wednesday an overhaul of European Union asylum rules, saying it was necessary to fix a system that did not take enough care of refugees' needs. The 27-nation
Cypriot Foreign Minister Markos Kyprianou said on Wednesday a dispute over offshore oil exploration was damaging Turkey's efforts to join the European Union and showed Ankara was becoming unpredictable. Cyprus, an EU
The tanking world economy got the most blame when BHP Billiton dropped its $66 billion bid for Rio Tinto last week, but tough demands from EU competition officials were the more likely
Motorists must be glad the price of fuel is one thing they do not have to worry too much about as they face the worst recession since the 1930s, but cheap fuel
European stocks fell 1.8 percent early on Wednesday, with oil and bank shares leading the decline as investors digested a sharp drop in business services activity in the euro zone economy. At
The UK economy will hit a trough in the second quarter of next year and bump along the bottom before recovering in the second quarter of 2010, New Star Asset Management's economist
Britain is to strengthen the regulation of its banking system by giving the Bank of England (BoE) powers to step in as soon as a bank begins to show signs of financial
British merger partners Lloyds TSB and HBOS pledged to pass on interest rate cuts or increase lending to small businesses as banks were blamed for turning off credit and urged to boost
