EUROPEAN UNION

The Euro sculpture is pictured in front of the ECB headquarters in Frankfurt

Euro Zone Leaders Tell Greeks: No Rescue Without Reforms

Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.

Greece's Bailout Deadline Looms, as Clock Continues to Tick

An anti-government protester holds a Greek flag as he shouts slogans against Greek Premier George Papandreou and his lawmakers in front of the parliament during a debate prior to a vote of confidence in Athens November 3, 2011.
Greek Prime Minister Lucas Papademos faces the critical task of convincing international lenders and political-party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.
Iranian Oil Minister Rostam Qasemi talks to journalists during a news conference in Tehran on Saturday, Feb. 4, 2012

Ban on Crude-Oil Sales Will Not Stall Nuclear Program: Iran

Iran's oil minister said the Islamic state would not retreat from its nuclear program even if its crude-oil exports grind to a halt, the official IRNA news agency reported on Saturday. But Rostam Qasemi also called on the European Union to review its recent decision to ban Iranian oil imports as of July 1.
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ACTA: Row Continues, Irish Aid Web Site Taken Down

The Irish Aid, a government oversees development body, had to take its Web site offline after it was hacked and several staff members' private information was posted under a 'Stop ACTA' banner.
Tourists look at the sculpture of the Little Mermaid, inspired from a fairy tale written by Hans Christian Andersen, a famous landmark of Copenhagen January 26, 2011.

European Union Aims to Double Online Commerce by 2015

European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.
A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

Global Manufacturing Buzzing So Far in 2012

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
Anonymous Hackers FBI Scotland Yard Intercept Conference Call Sensitive Transcripts

Anonymous Hackers: Sensitive FBI, Scotland Yard Conference Call Intercepted by Hacking Collective [TRANSCRIPT]

Anonymous published a 15 minute transcript from the call, which was between officers from both countries discussing how to prosecute the hacking collective and its members. In a Twitter posting the group gloated, The FBI might be curious how we're able to continuously read their internal comms for some time now, after it emerged members of Anonymous had managed to intercept an email between the FBI and British authorities listing a time and password for the sensitive conference call.
FTSE rises as China data lift miners, UK data eyed

European Stocks Rise to Six-Month High

European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season.
Software Engineer Arthur views a scrolling employee photo collage at the Google campus near Venice Beach, in Los Angeles

EU regulators want Google to halt new privacy policy

A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users' personal data.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
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Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
Syria's President Bashar al-Assad

U.S. and Allies Exploring Prospects for Assad Exile

The United States, European governments and Arab states have begun discussing the possibility of exile for Bashar al-Assad despite skepticism that the defiant Syrian president is ready to consider such an offer, Western officials say.
Experts work at their screens in the NYSE Euronext cash markets operations room in Paris

Dow, S&P 500 Rise on Strong Consumer Confidence

The Dow and S&P 500 advanced for a second day on Tuesday as stronger-than-expected consumer confidence data and hopes for further progress on a solution to Europe's fiscal mess bolstered sentiment.
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Eurozone Aims to Agree on Second Greek Bailout by Feb. 6

Eurozone finance ministers aim to agree a second financing package for Greece on Monday, a decision they hope will boost market confidence in euro zone public finances and help contain the two-year-old sovereign debt crisis.
Portugal Finance Minister Vitor Gaspar

European Debt Crisis: Portugal, Greece Dominate Storyline

Portugal and Greece dominated the headlines out of Europe Wednesday, as both nations appeared to be opening new chapters in the continuing Eurozone sovereign debt crisis. Paradoxically, positive developments in one country were actually seen as the reason negative news were emerging from the other.
A labourer builds components of wind turbines at a wind power equipment factory in Zouping

World Factory Output Curbed by Troubled Europe

Crumbling global demand restrained factory output in Asia and most of Europe in January, business surveys showed on Wednesday, putting pressure on policymakers to shore up growth and counter a spreading malaise.
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Greek PM Seeks Reform Backing, IMF Warns on Fiscal Pain

Greece's prime minister is seeking backing from the country's political leaders for more austerity measures, with the International Monetary Fund warning that long-term commitment to reforms is key to securing a new bailout.
Detail seen at the NYSE Euronext cash markets operations room in Paris

EU Blocks 'Near-Monopoly' of D.Boerse-NYSE Merger

European Union regulators have blocked the merger of exchange operators Deutsche Boerse and NYSE Euronext to avoid giving them a stranglehold on the European futures market.
People walk near a closed down shop in downtown Lisbon

Portugal Heads for Short-Term Borrowing Test

Portugal seeks to sell 1.5 billion euros ($1.9 billion) in treasury bills on Wednesday, in a test of its ability to raise short-term funds after a recent surge in its long-term bond rates have raised fears it may be forced to follow Greece and seek a new bailout.

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