World stocks edged lower on Tuesday after a buoyant session the day earlier and the dollar climbed off its lows against major currencies.
The European Union confirmed Friday a proposal to allocate $154 million (€109.4 million) to France from the European Union Solidarity Fund (EUSF) for fighting the devastation caused by Hurricane Klaus in south-west France in January.
The European Union's executive body will study plans by Google to make millions of books available online after Germany said the Internet company's project flouts EU copyright law.
The president of the European Commission on Wednesday called for an overhaul of the EU's financial supervisory system.
The European Commission will launch a new website, PRESSEUROP.EU, with the support of a consortium coordinated by Courrier International
The European Union proposed on Wednesday creating regulatory bodies to oversee financial supervision across national borders in a shake-up to protect investors and prevent another global credit crunch.
Banks will be more closely scrutinized under European Union plans unveiled on Wednesday to apply lessons from the credit crunch and better protect investors hit by the worst financial crisis in decades.
The European Commission will organise a meeting of European Union industry ministers to discuss the sale of carmaker Opel, a spokesman for the EU executive said on Wednesday.
The European Investment Bank (EIB) signed an agreement valued for €100 million with the Socialist Republic of Vietnam, aiming to mitigate climate change in this region.
The 11th EU-China Summit took place on Wednesday in Prague with Chinese Premier Wen Jiabao joining the summit.
The European Central Bank (ECB) said Thursday the recession in the EU member states would be twice as bad as it projected.
Sales at U.S. retailers fell for a second straight month in April as cash-strapped consumers held back on some purchases, according to a government report on Wednesday that dented hopes the economy was beginning to improve.
State Bank of India (SBI.BO), India's largest lender, reported a forecast-beating 45.6 percent rise in quarterly profit after gains from trading trebled and loan demand soared as borrowers scurried for funds in a slowing economy.
The European Central Bank (ECB) Thursday cut its main interest rate by 25 basis points to 1% and is likely to unveil more measures to boost the economy of the euro area.
European governments, employers and trade unions agreed on a plan Thursday to fight fast- rising unemployment.
The European Central Bank said it will buy up bonds for the first time and trimmed its main interest rate to a record low on Thursday in a bid to stem the euro zone's economic decline and shore up shaky markets.
The greenback was mixed on the Thursday session, initially sharply lower against the euro before recovering by afternoon trading.
The European Central Bank cut its main interest rate to a new record low on Thursday, and will buy up bonds for the first time in a bid to stem the euro zone's economic decline and shore up shaky markets.
The European Central Bank cut its main interest rate on Thursday and announced a three-pronged drive of unconventional steps to drive down borrowing costs and get the euro zone economy back on its feet.
The European Central Bank cut its main interest rate on Thursday to 1.0 percent, and financial markets are now focused on any alternative policy measures the ECB reveals to get the euro zone economy back on its feet.
The upper house of the Czech parliament Wednesday approved the European Union's Lisbon treaty by a convincing majority. That will put the long-awaited institutional reforms in the 27-nation bloc into effect on January 1, 2010.
The European Parliament sent a major reform of EU telecoms rules back to the negotiating table on Wednesday due to concerns over perceived inadequate rights for Internet users.
