EU leaders said on Friday the crisis in Mali, where Islamists have seized control of much of the north of the country, was an "immediate threat" to Europe, and threatened to impose sanctions on the armed militia there. It was the first time EU heads of state and government had pronounced collectively on the crisis,

European Union leaders agreed on Friday a single supervisor will take responsibility for overseeing euro zone banks from next year. Details on the precise number of banks to be monitored and the powers the supervisor — the European Central Bank — will have, however, were left for later. The decision opens the way for the

Tens of thousands are expected to march through London on Saturday in what is likely to be the largest demonstration in Britain this year against government austerity measures. Prime Minister David Cameron's push to reduce one of Europe's biggest deficits has drawn howls of protest, with critics arguing that austerity is not working and calling

Asian shares eased on Friday, with technology stocks hit by disappointing earnings from Google Inc and Microsoft Corp, while the euro held steady near a one-month high as European leaders made progress on a banking supervision deal. With equity investors in a mood to book profits, Europe's main stock indexes were poised to open lower

European Union leaders took a big stride towards establishing a single banking supervisor for the euro zone, agreeing it would enter into force next year, opening the way for the bloc's rescue fund to inject capital directly into ailing banks. European Council President Herman Van Rompuy said the 27 leaders agreed at a Brussels summit

The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey late on Thursday which also wounded soldiers in a passing military vehicle, Turkish government and energy officials said. The blast happened in the area of Eleskirt, a town in Agri province. It was not