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Second Baltic pipeline will cost Ukraine $2bn a year: PM Ukrainian Prime Minister Arseniy Yatsenyuk blasted a planned second gas pipeline under the Baltic Sea, claiming it would cost his country $2 billion (1.8 billion euros) a year in lost revenue.

06 November 2015

Moody's cuts VW's credit rating amid emissions scandal Moody's hit embattled German automaker Volkswagen with a credit downgrade, saying the company's reputation and earnings were at risk from the growing emissions cheating scandal.

05 November 2015

Moscovici confident of 'compromise' with Greece on remaining reforms The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.

04 November 2015

VW sales in United States hit by emissions scandal Volkswagen sales in the US market appeared to take a hit last month from the company's huge emissions scandal.

04 November 2015

Commerzbank plans dividend for 2015 despite drop in Q3 profits Commerzbank, Germany's second biggest lender, said that profits were down in the third quarter, but it still planned to pay out a dividend to shareholders for the whole year.

02 November 2015

India's Modi urges 'comprehensive' climate deal India's Prime Minister Narendra Modi called Thursday for a "comprehensive and concrete" agreement on climate change in December, as he addressed African leaders at a major summit in New Delhi.

29 October 2015

Britain's Cameron defeated over welfare cuts for poor British Prime Minister David Cameron suffered a damaging blow over plans to cut help for low-income working families that drew flak from within his Conservative party.

27 October 2015

Greece 'has no time to lose' to meet creditor demands: Dombrovskis The European commissioner for the euro told Athens it has "no time to lose" in carrying out reforms its international creditors have demanded in exchange for bailout funds.

26 October 2015

Russia to open $5 bn Iran credit line: Tehran Russia plans to open a $5 billion credit line for Iran to help finance infrastructure projects in the country, officials from both countries said during a visit by Moscow's energy minister.

23 October 2015

China's Xi promises no 'hard landing' for economy Chinese President Xi Jinping promised "no hard landing" for the world's second largest economy despite its slowdown, during a state visit to Britain focused bolstering business and trade ties.

22 October 2015

Pomp and protests as China's Xi meets Queen Elizabeth II Chinese President Xi Jinping enjoyed a glittering state banquet hosted by Queen Elizabeth II at Buckingham Palace in a visit to Britain focused on business deals and stronger trade ties.

21 October 2015

Deutsche Bank accidentally sent client $6 billion: report Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported.

20 October 2015

Weight Watchers soars after Oprah tips investment scale Weight Watchers shares more than doubled in value after US media star Oprah Winfrey said she will buy a 10 percent stake in the struggling company.

20 October 2015

S&P upgrades Ukraine from 'selective default' Standard and Poor's upgraded Ukraine's credit rating from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.

20 October 2015

Brazil finance minister to keep job: president Brazilian President Dilma Rousseff sprang to the defense of her embattled finance minister, saying she would not be pressured into sacking him.

19 October 2015

Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.

19 October 2015

Kazakh tenge depreciation doesn't help exporters Kazakh tenge's depreciation has not helped the Kazakhtani producers to increase their export revenues, experts say.

15 October 2015

Nuclear deal wins final Iran approval Iran's nuclear accord with world powers won final approval in the Islamic republic with a top panel of jurists and cleric giving the green light.

15 October 2015

EU clears chipmaker Intel's $16.7 bn buyout of Altera EU regulators cleared Intel, the world's biggest chipmaker, to buy US firm Altera for $16.7 billion in one of the largest ever Silicon Valley deals.

15 October 2015

Australia PM's 'tax haven' investments under microscope Australia's multi-millionaire Prime Minister Malcolm Turnbull denied dodging tax by using havens in the Cayman Islands as his personal wealth came under the microscope in parliament.

14 October 2015

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