EU seeks to increase influence on global accounting rules
The European Union is seeking to increase its influence over global accounting standards by beefing up the agency that scrutinizes new rules and in certain cases tweaking how they are applied in the bloc.
Ukraine's parliament fails to agree release of Tymoshenko
Ukraine's parliament failed on Wednesday to agree on a draft law to allow jailed opposition leader Yulia Tymoshenko to go to Germany for medical treatment, clouding prospects for signing landmark agreements with the European Union this month.
ECB briefs heads of top euro zone banks ahead of stress tests
Bosses from top euro zone banks were gathering at the European Central Bank on Wednesday to find out what it will be looking for in its upcoming "stress tests" on their balance sheets.
Italy and Malta say EU must press Libya to stop boat migration
Italy on Monday called on the European Union to press Libya to stem the gangs smuggling migrants from Africa on overcrowded boats and prevent shipwrecks like the one that killed hundreds last month.
Asian shares stabilize, focus turns to China reform plan
Asian shares held steady on Tuesday, with investors turning their attention to the Chinese Communist Party policy-meeting for clues to China's economic agenda for the next decade, while the dollar's two-day rally against the euro came to a halt.
Khamenei controls massive financial empire built on property seizures
A Reuters investigation details a key to the supreme leader’s power: a little-known organization created to help the poor that morphed into a business juggernaut worth tens of billions of dollars.
German parties reach deal on banking union
Angela Merkel's conservatives and the Social Democrats (SPD) have struck a deal on the contours of a European banking union under which a body attached to the Ecofin council - not the European Commission - would decide when to close failing banks.
U.S., Russia fail to agree on Syria peace talks date
The United States and Russia failed on Tuesday to agree on a date for a Syrian peace conference, remaining divided over what role Iran might play in talks to end the civil war and over who would represent Syria's opposition.
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