. Latvia's election last weekend showed voters can forgive — perhaps even reward — the toughest austerity measures if they are seen as necessary and voters do not blame those in power
. INTERVIEW: By Michele Kambas (Reuters) The United Nations special envoy for Cyprus expressed hope on Tuesday that a deal on the divided island could be brokered by the end of the
. Korean credit card receivables have featured low delinquencies, low defaults, and high principal payments over the last few years, including during the financial crisis in 2007, according to a new report
. By Gwladys Fouche, Reuters Uncertainty over British plans to change renewable energy regulation could halt investments in offshore wind power for up to three years, Norwegian energy company Statoil said. Statoil
. Greek lender Attica Bank does not favour becoming part of a big state-controlled banking pillar and wants to stay independent and grow through buyouts, its chairman said on Tuesday. The government
. Britain's new opposition leader said on Tuesday economic policy should focus on growth, not just cutting the budget deficit, and he would not support irresponsible strikes against planned spending cuts. Labour
. The new leader of Britain's opposition Labour Party will signal a break with some of the party's policies on Tuesday, and distance himself from former Prime Minister Gordon Brown's stewardship of
. By Tom Bergin, Reuters Bob Dudley faces a delicate task when he becomes chief executive of BP Plc on Friday: convincing investors BP will boost safety, while persuading government and the
. ANALYSIS: By Chris Buckley (Reuters) The jarring noise reverberating across Asia is the sound of a region shifting gears, adjusting to the prospect of China growing bigger, bolder and possibly bossier
. Carmakers Daimler, Renault and Nissan are redoubling their electric cars effort in the race for market share in a world of tighter emission rules. Daimler's research chief, Thomas Weber, told Reuters
