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  • Greek PM Tsipras delivers a speech at the annual conference of the Hellenic Federation of Enterprises in Athens
    Greek PM says on final stretch toward deal with lenders Reuters - 15 hours ago

    By George Georgiopoulos ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms …

    Greek PM Tsipras delivers a speech at the annual conference of the Hellenic Federation of Enterprises in Athens

    By George Georgiopoulos ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. After four months of talks with its euro zone …

  • Ireland threatens to penalise banks unless mortgage rates cut Reuters - Fri, 22 May, 2015 9:38 AM EDT

    Ireland is considering penalizing Irish banks if they don't cut mortgage rates deemed too high by the government in coming weeks.

    Ireland's Finance Minister Noonan at his office in central Dublin

    Ireland is considering penalizing Irish banks if they don't cut mortgage rates deemed too high by the government in coming weeks.

  • Gaza's economy 'on verge of collaps,' says World Bank Reuters - Fri, 22 May, 2015 8:05 AM EDT

    JERUSALEM - Gaza's economy is in a worse state than any other in the world, with unemployment at a global high, output contracting sharply and the long-term prospects worrying, the World Bank said on  …

    A Palestinian youth practices his Parkour skills over the ruins of houses, that witnesses said were destroyed during a 50-day war last summer in the Shejaia neighborhood east of Gaza City

    JERUSALEM - Gaza's economy is in a worse state than any other in the world, with unemployment at a global high, output contracting sharply and the long-term prospects worrying, the World Bank said on Friday.

  • Total hosts climate talks with big oil companies Reuters - Fri, 22 May, 2015 7:43 AM EDT

    French oil major Total is hosting a meeting of the world's biggest oil companies over the sector's action plan ahead of U.N. climate talks in Paris at the end of the year.

    A logo is seen over prices at French oil and gas company Total gas station in Marseille

    French oil major Total is hosting a meeting of the world's biggest oil companies over the sector's action plan ahead of U.N. climate talks in Paris at the end of the year.

  • BP settles oil spill-related claims with Halliburton, Transocean Reuters - Thu, 21 May, 2015 6:39 AM EDT

    BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. his …

    5 years later: Drilling resumes just 3 miles from epicenter of BP oil spill in the Gulf

    BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history.

  • Oil falls below $66 as global glut builds Reuters - Fri, 15 May, 2015 3:22 PM EDT

    Brent crude oil fell below $66 a barrel on Friday after reports that a growing supply glut was boosting inventories worldwide.

    gateway

    Brent crude oil fell below $66 a barrel on Friday after reports that a growing supply glut was boosting inventories worldwide.

  • U.S. added 223,000 jobs in April, unemployment rate at 7-year low of 5.4 pct The Canadian Press - Fri, 8 May, 2015 2:27 PM EDT

    WASHINGTON - U.S. employers added 223,000 jobs in April, a solid gain that suggests that the economy may be recovering after stumbling at the start of the year.

    Richard O'Driscoll and his guide dog Maxwell leave the fourth Annual Job Fair for Individuals with Visual Impairments in Cambridge

    WASHINGTON - U.S. employers added 223,000 jobs in April, a solid gain that suggests that the economy may be recovering after stumbling at the start of the year.

  • Obama says Trans-Pacific trade deal will let U.S. write the rules, instead of China The Canadian Press - Fri, 8 May, 2015 1:50 PM EDT

    BEAVERTON, Ore. - President Barack Obama argued forcefully Friday for a pending international trade agreement, saying the U.S. must write the rules for global commerce now, while it's in a position …

    Obama says Trans-Pacific trade deal will let US write the rules, instead of China

    BEAVERTON, Ore. - President Barack Obama argued forcefully Friday for a pending international trade agreement, saying the U.S. must write the rules for global commerce now, while it's in a position of ...

  • Markets rally on surprise election triumph for Conservatives Reuters - Fri, 8 May, 2015 12:23 PM EDT

    By Patrick Graham and Sudip Kar-Gupta LONDON (Reuters) - Britain's pound, shares and bonds rallied on Friday after Prime Minister David Cameron's Conservative Party won a shock election victory, removing …

    Britain's Prime Minister Cameron delivers a speech during an election campaign event in Bristol, south western England

    By Patrick Graham and Sudip Kar-Gupta LONDON (Reuters) - Britain's pound, shares and bonds rallied on Friday after Prime Minister David Cameron's Conservative Party won a shock election victory, removing immediate political uncertainty for investors who had expected a hung parliament. The main FTSE 100 stock index surged …

  • ECB officials say bond-buying helping to revive inflation Reuters - Fri, 8 May, 2015 10:59 AM EDT

    LONDON/VIENNA (Reuters) - The European Central Bank's bond-buying programme is helping to revive inflation in the euro zone without drying up liquidity in the debt market, top ECB officials said on Friday. …

    Mario Draghi listens at a news conference during an informal meeting of Ministers for Economic and Financial Affairs (ECOFIN) in Riga

    LONDON/VIENNA (Reuters) - The European Central Bank's bond-buying programme is helping to revive inflation in the euro zone without drying up liquidity in the debt market, top ECB officials said on Friday. ECB Vice President Vitor Constancio said the central bank's quantitative easing policy of buying about 60 billion …