European Union foreign affairs chief Catherine Ashton aims to win the backing of foreign ministers over the setting up of a European diplomatic service. There are disputes over how the organization will be run.
Greece has been told to produce detailed plans this week to meet its budget deficit reduction targets in 2011 and 2012, as well as this year, before it can qualify for a combined rescue package from the International Monetary Fund and fellow euro zone members.
A Nigerian court has issued fraud charges against the ruling party chairman over his alleged acts of corruption as a government minister in 2001.
They stood a few miles from each other, but as far apart as heat and cold.
Senate Democrats said Sunday that they had bridged internal party differences and coalesced around a plan to tighten regulation of derivatives, the complex financial instruments that were a major factor in the 2008 economic crisis.
Australian mining companies face a massive new tax of at least $5 billion a year as the federal government plans to stack a resources rent tax on top of the $7bn miners pay in state royalties.
After weeks of negotiations, German rail company Deutsche Bahn is to buy Britain´s Arriva to improve its "strategic positioning" in Europe´s liberalized transport markets.
The prosecutor’s office at the Supreme Court asked the justices on Thursday to dismiss the case filed against High Court Judge Baltasar Garzón because there is no legal basis to put him on trial on charges that he overreached his powers by opening an inquiry into crimes committed under General Franco.
President Obama may have hoped that a speech a week ago at the Kennedy Space Center would sway skeptics to his proposed space policy, but a Congressional hearing on Thursday gave little signs that the lines of contention have shifted yet.
Two Chinese lawyers who represented a follower of the banned Falun Gong spiritual movement could have their licenses permanently revoked in an administrative hearing on Thursday.
One of Toyota´s most popular cars, the Corolla, has been banned from sale in one of Brazil´s biggest states, which says the model is a safety risk.
The US Department of Justice (DOJ) announced Thursday that it will appeal last week´s ruling that the National Day of Prayer is an unconstitutional government endorsement of religion.
Merger talks between two large US airlines, United Airlines (UAL) and US Airways, have ended after the latter brought discussions to an end.
Telefon AB L.M. Ericsson, the world´s largest maker of telecommunications-network equipment, said Friday that first-quarter net profit fell 26%, hit by lower gear sales and restructuring charges.
A Chinese insurance company said Friday it will appeal a court order to pay damages to Microsoft Corp. for intellectual property infringement, and accused the software giant of acting in a monopolistic manner.
President Obama took his rhetoric of reform on Thursday to the nation’s financial capital in a high-profile foray to chide Wall Street bankers for their “reckless practices” and to press for tighter regulations meant to avert another financial crisis.
The Obama administration is proposing to add $408 million to a global fund to boost food production and encourage good farming practices in the developing world, the Treasury Department announced on Thursday.
Greece has formally asked for the activation of an EU-IMF financial rescue package to help pull the debt-ridden economy out of its crisis.
As investigators in Massachusetts considered charging Wall Street firms for their role in the financial collapse, they focused on Goldman Sachs because it had bundled and sold the shoddiest of subprime mortgage loans, setting up the housing market for a greater fall by continuing to sell shaky securities even as other banks withdrew.
The Virginia General Assembly on Wednesday accepted proposals from Gov. Robert F. McDonnell to restrict state funding for abortions, expand spending on economic development and raise fines for speeders, but lawmakers resisted some cuts he had sought for social services.
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