British Prime Minister David Cameron is establishing a fund to help Eastern European states resist pressure from Russia, several media outlets reported.
Britain's coalition government will deliver a highly political budget Wednesday that will set the stage for a knife-edge election battle in 50 days' time.
EU Commission chief Jean-Claude Juncker has warned of an alarming lack of progress in talks on Greece's bailout, as Germany raised the spectre of a tumultuous Greek exit from the euro.
President of Kazakhstan Nursultan Nazarbayev spoke about five institutional reforms he envisions for Kazakhstan that would ensure its move towards a developed and harmonious society.
Several big Asian phone companies launched new high-end smartphones and other wireless gizmos, hoping to challenge US giant Apple in a big year for wireless gadgets.
Mexico's state-owned energy firm Pemex posted a $17.7 billion loss for 2014, hit by falling crude prices, fuel thefts by gangs and the peso's drop against the dollar.
US Secretary of State John Kerry will meet next week with his Russian and Iranian counterparts seeking an end to fighting in Ukraine and to advance a nuclear deal with Iran.
Russia called Western threats of fresh sanctions against Moscow evidence that Washington and Brussels are not interested in the success of a troubled truce in Ukraine.
Sony Pictures Entertainment named Tom Rothman as new chairman of its motion picture group, a major move after a massive cyberattack devastated the entertainment giant.