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China is establishing itself as a credible competitor in the global weapons market. The NYT reports.
Benchmark U.S. crude prices may dip below $100 a barrel, due to favorable supply dynamics and weaker growth prospects in the U.S., according to CNBC's latest market survey.
A UK charity opens up a restaurant and conference venue in a London jail - and mobile phones are banned.
The announcement of the first nuclear power station to be built in Europe since the Fukushima disaster has been met with mixed reactions.
Starbucks has been charging customers in China higher prices than other markets, helping the company realize thick profit margins, a report by the official China Central Television said.
Cyprus expects to lift almost all currency controls early next year, Finance Minister Harris Georgiades said on Monday.
With European stocks at five-year highs and investors pouring money into the continent, some equity analysts are now predicting a pullback.
Tesco has admitted that it generated 28,500 tons of food waste in the first six months of this year, drawing attention to the huge amount of food thrown away by British supermarkets.
The closets of Europe’s banks will be examined next year, with increasing concerns about what skeletons might emerge.
Saudi Arabia, the world's largest crude oil exporter, is now also the top producer, displacing Russia from the lead.
French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.
German business software maker SAP stuck to its full-year outlook but warned revenue could be hit by volatile exchange rates.
Britain is set to sign a deal with France's EDF for the first nuclear plant to start construction in Europe since Japan's Fukushima disaster.
The Bank of England has some leeway to raise record low interest rates without hitting borrowers buying homes, BoE policymaker Ben Broadbent said.
Karnit Flug has been appointed as the next governor of the Bank of Israel, the prime minister's office said on Sunday.
France's Chinese immigrants are getting ahead by working 11-hour days, in stark contrast to the work-life balance long treasured by many French.
Demonstrators clashed with Italian police as tens of thousands marched through Rome to protest against unemployment and government cuts.
Struggling banks should be allowed to receive help without inflicting losses on their junior bondholders, ECB President Mario Draghi told the European Commission.
The U.S. National Security Agency failed to install the most up-to-date anti-leak software before Edward Snowden went to work there, officials said.
Barely a year after European leaders set out an ambitious vision for the euro zone's future, progress has all but stalled.