A library in Moscow containing ancient Slavic texts, important U.N. documents and around 14 million books went up in flames on the evening of January 29, according to Quartz.» Read More
The Kremlin is cracking down on Russian citizens and companies that it says are evading taxes by investing overseas.
Autonomy founder Mike Lynch plans to ask US regulators to investigate evidence showing Hewlett-Packard making “false representations to the market”. The FT reports.
Thousands of French bosses took to the streets on Monday at the start of a week of coordinated protests against the Socialist government's regulations and high taxes.
George Osborne might be about to help Northern Ireland compete with its southern neighbor on tax – but he risks angering Scotland.
Eastern Europe has established itself on the global trade stage - and it is a key exporter of some extraordinary products.
Aviva said it had agreed on an all-share acquisition of Friends Life by Aviva on Tuesday, in a merger worth $8.8 billion.
Germany, France and Italy have launched a campaign to tighten EU tax rules that appears aimed at practices in Luxembourg, the FT reports.
The ruble looked set for its steepest one-day fall since the Russian financial crisis of 1998, plunging about 4 percent as oil prices tumble.
Business confidence in former Soviet satellite Hungary has been hit by the international sanctions imposed on Russia following its Ukraine incursion.
Eastern European country is in no hurry to adopt the euro as it is enjoying the "advantages" of being outside the 18-country group.
Troubled U.K. lender The Co-operative Bank is set to fail a key Bank of England test of its financial strength this month, The Times reported.
China bans U.K. lawmakers from visiting protest-hit Hong Kong, which is seen as a "setback" for Anglo-Chinese relations.
Euro zone manufacturing activity missed forecasts and slowed in November, with German activity contracting.
Russia sanctions, the Ukraine conflict and the euro zone's sluggish economic growth have had a "chilling" effect on Central Eastern Europe.
Lufthansa cancelled 1,350 flights, or 48 percent of scheduled services, for Monday and Tuesday as its pilots prepared to go on strike.
GSK will ax hundreds of U.S. jobs in its biggest market as the drugmaker starts implementing a major cost-saving program.
Germany's biggest utility E.ON announced plans on Sunday to split in two and spin off most of its power generation, energy trading and upstream businesses.
Swiss voters rejected proposals that would have forced the central bank to buy huge amounts of gold and imposed strict curbs on immigration.
The Russian rouble weakened to more than 50 to the U.S. dollar in late Friday trade
The decision by the OPEC to keep production at current levels in spite of falling oil prices means trouble for the Russian economy, analysts warn.
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