World rings in 2012 and bids adieu to a tough year
Glittering fireworks exploded on Sunday as revelers in Australia and Asia welcomed 2012 and others around the world looked forward to bidding a weary adieu to a year marred by natural disasters and ec
Europe moves ahead with fiscal union, UK isolated
Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treat
Euro dives on Europe worries
The euro fell against the dollar in Asian trade on Wednesday amid fears France faces a credit downgrade and after a Greek official warned the country was close to running out of cash, analysts said.
Insight: In Greece, loan sharks compound the pain
For self-made businessman Dimitrios, the threats began with a phone call from a man who said they knew where his daughter was.
At first the 57-year-old window installer kept quiet about the calls. Wh
Radioactivity in Europe, no public risk: IAEA
The UN atomic agency said today 'very low levels' of radioactive iodine-131 had been detected in the air in the Czech Republic and in other countries, but presented no risk to human health. The Czech
Oil jumps to near $92 after Europe debt plan
Oil prices jumped to near $92 a barrel on Thursday in Asia after European leaders agreed on a plan to reduce Greece's debt burden.
Germany, France reach agreement on Europe's banks
The leaders of Germany and France, the eurozone's two biggest economies, said Sunday they have reached an agreement about how to strengthen Europe's shaky banking sector amid the region's debt crisis.
Sensex gains points as Europe comes as saviour
Recovering from a deep early-morning plunge, Indian stock benchmark Sensex narrowed its losses to just 58 points after European stocks shrugged off the threat posed by the unprecedented downgrade of the US credit rating.
Christmas eve: Snow strands thousands in Europe
Dec 25: Thousands of travellers were forced to spend the Christmas-eve at airport terminals, railway stations and on stalled trains in Germany as fresh snowfall and freezing conditions continue to cau
‘Rising’ Russia sparked Baltic security upgrade
London, Dec. 7: Military alliance Nato has expanded defence plans in parts of eastern Europe amid fears that Russia poses an increasing threat, US diplomatic cables released on Tuesday by Wikileaks sh