Several European Union member states will try to pressure the European Commission on Thursday to scrap plans for a new tax next month on Chinese fibreglass used in the clean technology sector,
Ukraine said on Wednesday it had put off introducing curbs on grain exports because the world market had settled after Russia's export ban and the Ukrainian home market was no longer threatened
World stocks fell for a fifth day on Wednesday as worries about a double-dip recession persisted, while the yen eased from a 15-year high on speculation that Japan may intervene to weaken
New U.S. single-family home sales slumped to the slowest pace on record in July and orders for costly durable goods were weak, according to government reports on Wednesday that heightened fears the
The premium investors demand to buy Greek government bonds rather than German benchmarks rose on Wednesday to the highest level since May 10 when an EU/IMF rescue package for Greece was announced.
Dubai's Nakheel has $10.9 bln of bank debt and will receive key assets from parent company Dubai World for its business plan after separation, a restructuring document showed on Wednesday. The developer,
Dubai World plans to sell its prized assets over a period of eight years to generate as much as $19.4 bln to pay off creditors burned by its overambitious expansion, according to
German business morale rose to its highest in more than three years in August, an unexpected gain that boosted confidence Europe's largest economy will keep growing even if others slip back into
Standard & Poor's on Tuesday cut its ratings on Ireland and assigned the country a negative outlook, saying it expects Ireland faces substantially higher costs to support its ailing financial institutions. S&P
Greece's economy will contract less than an official 4.0 percent forecast this year and government guarantees to banks are aimed at ensuring adequate credit expansion, the country's finance minister said. "The economy
