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EU ministers, regulators eye bank rules

European Union ministers and regulators sought Tuesday to minimize boom-and bust economic cycles by agreeing to make capital rules more flexible and ensuring banks have enough cash to ride out a crisis.

G8 Summit to open in Italy, Programme ready on line

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The 35th G8 summit will be held in L'Aquila, Italy from 8 to 10 July. Leaders from the G8 rich nations and the major developing countries will together discuss the most important global economic and political issues.

G20 review finds protest tactics inadequate

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The police's public order tactics are inadequate, a review into April's G20 protests in London concluded on Tuesday, although it said the operation itself had been highly effective.
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G8 plus G5 agree to end Doha in 2010

G8 leaders plus Brazil, India, China, Mexico and South Africa will agree at a summit on Thursday to conclude the Doha round of world trade talks successfully in 2010, according to a draft communique seen by Reuters.
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British spy chief's cover blown on Facebook

The wife of the new head of Britain's spy agency has posted pictures of her husband, family and friends on Internet networking site Facebook, details which could compromise security, a newspaper said on Sunday.
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North Korea defies U.S. with new missile launches

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.
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China wind companies poised for green policy boost

China's ambitious plan to increase wind power capacity could attract up to $150 billion in investment, but Beijing will have to get serious about revamping regulations and building much needed infrastructure.
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Novo Nordisk says Victoza cleared for EU market

Danish pharmaceuticals group Novo Nordisk's diabetes drug Victoza, a key driver for future sales, has won European Commission approval for marketing across the European Union, the company said on Friday.
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Iranian cleric says UK embassy staff face trial

A powerful Iranian cleric warned on Friday that detained British embassy staff would face trial for their alleged role in post-election unrest, and EU countries summoned Iranian envoys to protest against the detentions.
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Oil brokerage PVM says rogue trader behind oil spike

PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million.
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China moves on Opel with BAIC bid

A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.
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Oil brokerage PVM names rogue trader behind oil spike

PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million.
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Rio wraps up rights issue

Global miner Rio Tinto wrapped up one of the world's biggest rights issues on Friday, saying its Australian shareholders had taken up 94.76 percent of their entitlements to the new shares.
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Iran hardliners urge legal action against Mousavi

Iranian hardliners pressed on Thursday for legal action against moderate leaders accused of inciting post-election turmoil that has dimmed Western hopes of engaging Tehran on its disputed nuclear program.
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China carmaker drafting late Opel bid: source

China's state-run carmaker Beijing Automotive Industry Holding Co is preparing to make an offer for General Motors' Opel unit in the coming days, a source told Reuters, but the Russian partner of bid frontrunner Magna said the race was all but over.
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Carphone to sell Vodafone contracts again

British telecoms and retail group Carphone Warehouse will offer contracts from Vodafone from next week in its 820 stores, ending a three-year dispute, Vodafone said on Thursday, confirming media reports.
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Strong demand for Rio rights

Rio Tinto Ltd sold virtually all of the UK part of its $15.2 billion rights offer, the world's fifth-biggest, easing its huge debt burden and putting the world's top iron ore miner back in growth mode.

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