Oil and gold prices fell on Monday as the dollar strengthened, weighing on Asian shares, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the U.S. currency. European stock markets are seen narrowly mixed after the pan-European FTSEurofirst 300 index closed at a five-year high on Friday,

Olympiakos Piraeus defeated Real Madrid 100-88 with a dominant second half display to win Europe's premier basketball trophy for the second year running at London's O2 arena on Sunday. Inspired by a vocal travelling support who defied Greece's economic problems to make the trip, Olympiacos battled back from 27-10 down after the first quarter of

Germany wants further reforms and savings in crisis-hit euro zone states, according to a report obtained by German magazine Spiegel in which Berlin evaluates progress made under strengthened EU budget rules. The rules have managed to spur in all euro zone countries a "general political mobilisation towards structural reforms and greater competitiveness", Spiegel cited the

Two astronauts aboard the International Space Station began a spacewalk on Saturday to try to fix an ammonia leak in a cooling system on one of the station's solar arrays that provide electricity to the orbital outpost. The crew spotted a steady stream of small, white frozen ammonia flakes floating away from a coolant line

Workers cheered and whistled as they completed the spire on New York's One World Trade Center on Friday, raising the building to its full height of 1,776 feet (541 meters) and helping fill a void in the skyline left by the Sept. 11, 2001 attacks. The spire makes the building the tallest building in the

Italian power company Enel has reached a deal on early retirement for almost 10 percent of its domestic workforce, the largest agreement of its kind since the government overhauled Italy's pension rules, a labour union source said. With the Italian economy in its longest recession since World War Two, Enel has suffered a steep decline