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Crisis deepens as Ukraine says Russian troops back rebel advance

Ukrainian President Petro Poroshenko said on Thursday that Russian forces had entered his country and the military conflict was worsening after Russian-backed separatists swept into a key town in the east.

Aug 28, 2014 10:35 AM EDT


Uber eyes aggressive expansion in Germany despite bans

U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities like Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.

Aug 27, 2014 09:14 AM EDT


Islamic State executes soldiers, takes hostages at Syria base: social media

Islamic State militants have executed Syrian army soldiers and are holding a group hostage after capturing an air base in northeast Syria at the weekend, pictures posted on social media by supporters showed on Wednesday.

Aug 27, 2014 09:04 AM EDT


Russian soldiers' capture clouds Putin-Poroshenko talks

Ukraine released a video of captured Russian soldiers on Tuesday, sharply escalating a dispute over Moscow's alleged backing for separatist rebels in the east of the former Soviet republic.

Aug 26, 2014 09:54 AM EDT


Russia's MTS raises Ericsson contract to over $1.5 billion

Russia's biggest mobile phone operator MTS said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson to more than $1.5 billion.

Aug 22, 2014 10:47 AM EDT


Germany clears $6.9 billion RWE unit sale to Russian investor

Germany's economy ministry approved the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.

Aug 22, 2014 10:46 AM EDT


Ukraine accuses Russia of invasion after aid convoy crosses border

Ukraine declared on Friday that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border into eastern Ukraine where pro-Russian rebels are fighting government forces.

Aug 22, 2014 10:04 AM EDT


Business growth slows in China and Europe, Russia sanctions still to bite

Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.

Aug 21, 2014 02:41 PM EDT


Dutch spend 461,000 euros to fence off king's Greek holiday home

The Dutch government paid 461,000 euros ($615,000) to erect a fence around King Willem-Alexander's seaside villa in southern Greece, RTL News reported on Wednesday, drawing media criticism and demands for an explanation.

Aug 21, 2014 02:30 PM EDT


Business growth slows in China and Europe, Russia sanctions still to bite

Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.

Aug 21, 2014 02:24 PM EDT


Dollar breaks out to 11-month highs, eyes on Fed

The dollar jumped on Wednesday to its highest levels against the euro and a basket of major currencies since last September, returning to gains after a shaky start to August that called into question its broader strength.

Aug 20, 2014 03:36 PM EDT


Russian watchdog shuts four McDonald's restaurants in Moscow

Russia ordered the temporary closure of four McDonald's restaurants in Moscow on Wednesday, a decision it said was over sanitary violations but which comes against a backdrop of worsening U.S.-Russian ties over Ukraine.

Aug 20, 2014 03:14 PM EDT


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