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  • Russia trade policy under fire at WTO Monday, 12 May 2014 | 11:35 AM ET

    GENEVA, May 12- The European Union accused Russia at the World Trade Organisation on Monday of failing to do anything to reduce trade friction while the United States said Moscow was implementing more trade restrictions.

  • BRUSSELS, May 12- European Union foreign ministers hinted on Monday that any disruption of elections in Ukraine on May 25 could trigger new economic sanctions against Russia.

  • *Naimi: OPEC should keep its 30- mln-bpd output cap unchanged at June meet. SEOUL, May 12- Top global oil exporter Saudi Arabia will step in to cover any potential shortage arising from the Ukraine crisis, its oil minister said on Monday.

  • BRUSSELS, May 12- The European Union was set to take a cautious step towards extending sanctions against Russia on Monday, targeting companies, as well as people, linked to Moscow's annexation of Ukraine's Crimea region.

  • *Naimi: OPEC should maintain its 30- mln-bpd output cap at next meet. SEOUL, May 12- Saudi Oil Minister Ali al-Naimi said on Monday the world's top exporter was willing to supply markets with more crude in case any shortage arises if the crisis between Russia and the West over Ukraine worsens.

  • BRUSSELS, May 12- The European Union is set to step up pressure on Russia on Monday by taking a first cautious step towards extending sanctions to companies, as well as people, linked to Moscow's annexation of Ukraine's Crimea region.

  • WASHINGTON, May 9- Hong Kong has reached an information-sharing agreement with the United States under a new law meant to combat offshore tax dodging by Americans, the U.S. Treasury Department said on Friday.

  • BRUSSELS, May 9- European Union ambassadors have agreed in principle to add about 15 people and several Crimean-based companies to the bloc's list of sanctions against Russia over its annexation of Ukraine's Crimea region, EU diplomats said on Friday.

  • IMF calls on Luxembourg to reform wage indexation Friday, 9 May 2014 | 9:00 AM ET

    BRUSSELS, May 9- Luxembourg has to reform its system of automatically increasing wages to match inflation, to keep its economy competitive as it diversifies away from financial services, the International Monetary Fund said on Friday.

  • FLORENCE, Italy, May 9- European Union countries are struggling to agree the approach to take on the crisis in Ukraine, despite broad condemnation of the actions of Russia, outgoing European Commission President Jose Manuel Barroso said on Friday.

  • EU lays groundwork for sanctions on Russian companies Thursday, 8 May 2014 | 12:19 PM ET

    BRUSSELS, May 8- European Union governments have laid the groundwork for possible sanctions against Russian companies, including energy giants, over Ukraine, but diplomats say there is little appetite for now to impose any far-reaching measures.

  • *IMF says deposits and credit highly concentrated in Qatar. His remarks come after the International Monetary Fund warned in February that both credit and deposits were highly concentrated in Qatar, and that the authorities should carefully monitor vulnerabilities in the banking system.

  • *IMF says deposits, credit highly concentrated in Qatar. His remarks come after the International Monetary Fund warned in February that both credit and deposits were highly concentrated in Qatar, and that the authorities should carefully monitor vulnerabilities in the banking system.

  • Changes aimed at making $700 trillion market safer. LONDON, May 8- Banks should get a breathing space of a few months to adjust to coming new rules on the clearing of derivatives deals, a top European Union regulator proposed on Thursday. The global derivatives market is worth around $700 trillion, with London and New York the biggest centres.

  • BEIJING, May 8- China's exports and imports returned to slight growth in April as orders to the United States and European Union surged, offering some positive signals for the world's second-largest economy after a weaker-than-expected start to 2014..

  • LONDON, May 8- The euro rose against the dollar on Thursday, trading not far from recent two-month highs and buoyed by a rise in overnight money market rates driven by dwindling excess cash in the euro zone.

  • BRUSSELS, May 7- European Union governments reached a preliminary agreement on Wednesday to expand the legal criteria for targeting people and companies with sanctions to pressure Russia over Ukraine, paving the way for new listings as early as Monday, diplomats said.

  • *Japan, EU pressure Russia over Ukraine crisis. BRUSSELS, May 7- The European Union and Japan.

  • *EU open to new meeting on Ukraine in Geneva. BRUSSELS, May 7- The European Union and Japan called on Russia on Wednesday to avoid worsening the crisis in Ukraine and Brussels threatened further sanctions, seeking to calm growing violence that could put Ukraine's presidential elections at risk.

  • *Maijoor cautions how tax was "devastating" for Sweden. LONDON, May 7- A tax on stock, bond and derivatives transactions in fewer than half of European Union member states would "not be good" for the bloc's securities market, a top EU regulator said on Wednesday.