Europe News

  • Russia warns sanctions will backfire on West

    A defiant Russia said Wednesday that Western sanctions over Ukraine would backfire on the United States and lead to energy price hikes in Europe after Brussels and Washington unveiled the toughest punitive measures against Moscow since the Cold War. Russia's response came as the Ukrainian military…

    AFP19 mins ago
  • World Ebola fears grow with Europe and Asia on alert

    Fears that the west African Ebola outbreak could spread to other continents grew on Wednesday with European and Asian countries on alert and a leading medical charity warning the epidemic was out of control. Doctors Without Borders (MSF) said the crisis gripping Guinea, Liberia and Sierra Leone…

    AFP50 mins ago
  • Often Overlooked Method to Pay Off Mortgage

    If you own a home and pay for a mortgage, you could reduce your payments by as much as $3,000 a year. Here is how it works.

  • Bank scandal tarnishes powerful Portuguese family

    LISBON, Portugal (AP) — Portugal's Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years. Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, record…

    Associated Press
  • A look at the EU's new sanctions against Russia

    BRUSSELS (AP) — The European Union's sanctions against Russia are bound to inflict pain on the country's ailing economy. While still narrowly targeted, they come as a warning shot to convince Moscow to change its Ukraine policies or face even tougher penalties.

    Associated Press
  • Clashes prevent experts from reaching bodies

    DONETSK, Ukraine (AP) — Almost two weeks after Malaysia Airlines Flight 17 was blown out of the sky, the remains of some passengers are feared rotting in the 90-degree (32-degree Celsius) midsummer heat, deepening the frustration of relatives desperate to recover the bodies of their loved ones.

    Associated Press
  • Argentines shrug off risk of default

    BUENOS AIRES, Argentina (AP) — In 2001, it was ground zero for Argentina's financial earthquake. A neo-colonial architectural gem built long ago by the Bank of Boston, it became the focal point for angry mobs of protesters who stared down riot police to demand the return of their savings, which the…

    Associated Press
  • Stocks edge higher after Fed delivers no surprises

    NEW YORK (AP) — U.S. stocks turned slightly higher after the Federal Reserve did exactly what investors expected: Scaling back its support for the economy. Stock indexes edged higher after spending most of the day in the red.

    Associated Press
  • G7 leaders warn of further costs to Russia over Ukraine

    G7 leaders issued a joint statement on Wednesday warning Russia that it will face added economic sanctions if Moscow does not change the course of its Ukraine policy. The statement from the leaders of the G7 countries, the United States, Canada, France, Germany, Italy, Japan and Britain, was a…

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  • East Europe flooding kills three, displaces hundreds

    Flooding caused by torrential rains in eastern Europe has killed three people, with a further four missing, Romanian and Bulgarian authorities said Wednesday. In Arges in southern Romania -- one of the worst hit areas -- a 72-year-old man was swept away by floodwaters as high as two metres (six…

  • Germany's ZF in advanced talks to buy TRW for near $12 billion: sources

    By Soyoung Kim, Arno Schuetze and Edward Taylor NEW YORK/FRANKFURT (Reuters) - Germany's ZF Friedrichshafen AG is in advanced talks to acquire U.S.-based TRW Automotive Holdings Corp for nearly $12 billion, in a deal that would create an automotive supply powerhouse, according to people familiar…

  • Catalan leader vows to press head with independence referendum

    The leader of Spain's economically powerful region of Catalonia vowed Wednesday to press ahead with an independence referendum during talks with Prime Minister Mariano Rajoy who insists the poll is illegal. "My message was exactly the same as a year ago, we are absolutely determined to hold the…

  • Moscow says 'short-sighted' sanctions to hit Russia's ties with West

    By Thomas Grove MOSCOW (Reuters) - Russia criticized new sanctions as "destructive and short-sighted" on Wednesday, saying they would aggravate Moscow's ties with the West already at their lowest point since the end of the Cold War over the Ukraine crisis. Russia warned that sanctions, the most…

  • London shares fall as Russia sanctions fears offset Barclays gain

    London shares fell on Wednesday as fears about the impact of new sanctions on Russia outweighed the boost from strong Barclays results, dealers said. The benchmark FTSE 100 index lost 34.31 points or 0.50 percent to close at 6,773.44. The US and European Union agreed to expand restrictions…

  • An early rally fades on the US stock market

    NEW YORK (AP) — U.S. stocks turned lower in midday trading, erasing an early gain. Trading was quiet as investors waited for a statement from the Federal Reserve later Wednesday.

    Associated Press
  • Dental Implants: What You Should Know

    Thinking of getting dental implants? There are critical things you should know before going under the knife for the perfect smile.

  • U.N. battles for more people-trafficking convictions

    Global efforts to stop the multi-billion-dollar business of trafficking in people are being hampered by perceptions that it is a soft crime unlikely to be punished, the head of the U.N. drugs and crime office told Reuters. Of the 159 countries who have ratified a 2000 U.N. protocol to prevent and…

  • Fiat 2Q profits drop by 55 percent

    MILAN (AP) — Italian carmaker Fiat SpA, which controls Chrysler, on Wednesday said second-quarter profits dropped by more than a half due to lower performance in North and Latin America.

    Associated Press
  • Ukraine: Clashes prevent visit to jet debris site

    DONETSK, Ukraine (AP) — Almost two weeks after Malaysia Airlines Flight 17 went down, clashes on Wednesday between Ukrainian forces and separatist rebels again prevented international experts from reaching the crash site to recover remains still baking in midsummer heat in farm fields — deepening…

    Associated Press
  • Russian bank subsidiaries in EU to escape sanctions: sources

    By Michael Shields and Barbara Lewis VIENNA/BRUSSELS (Reuters) - Russian bank subsidiaries based in the European Union will be exempt from EU economic sanctions designed to choke off finance for big state-owned Russian lenders, sources familiar with the discussions told Reuters on Wednesday. …

  • Leaders of Spain, Catalonia hold secession talks

    MADRID (AP) — The leader of the economically powerful Catalonia region held firm in a meeting with Spain's prime minister on Wednesday, saying he intends to push ahead with a secession referendum in November despite the central government's vows to stop it from happening.

    Associated Press
  • Major markets little changed after economic news

    NEW YORK (AP) — U.S. stocks crept higher following news that the economy surged ahead in the spring. Trading was quiet as investors waited for a statement from the Federal Reserve later Wednesday. Most world markets were mixed.

    Associated Press
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