Russia and Ukraine reach tentative gas deal in tough Milan talks
Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.
Oct 17, 2014 11:45 AM EDT
Exclusive: Indonesia's new president plans steep fuel price rises next month
Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.
Costs and bidding process scare off European hopefuls
What do European cities Stockholm, Oslo, Krakow, Lviv, St Moritz and Munich have in common? What do European cities Stockholm, Oslo, Krakow, Lviv, St Moritz and Munich have in common? They have all turned down or pulled out of bidding for the Winter Olympics in 2022 and triggered alarm bells at the International Olympic Committee.
Nissan says Sept China auto sales down 20 percent year-on-year
Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.
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Thai traffic cops offered cash to turn down bribes
Thailand's traffic policemen will get money in return for refusing bribes, police said on Thursday, part of the junta's efforts to combat what it has called an ingrained culture of corruption within the force.
Oct 09, 2014 11:15 AM EDT
Budget divisions overshadow EU jobs talks
French President Francois Hollande defended his push for an easing of European Union budget restrictions on Wednesday, potentially deepening divisions with Germany which is pressing Paris to move faster on reforms.
Oct 08, 2014 11:35 AM EDT
Growth worries grip world's stock, oil markets
European stock markets fell for a second day on Wednesday, pushing world share indices back toward their lowest in six months as concern mounts over global economic growth.
Oct 08, 2014 10:59 AM EDT
EU watchdog targets Amazon's Luxembourg tax deals
Amazon's tax arrangements with Luxembourg are being investigated by EU regulators, as the online retailer becomes the latest global company to be accused of striking tax-minimising deals with member states that may break bloc rules.
Oct 07, 2014 12:15 PM EDT
Belgian police waive traffic fines in protest over pensions
Belgians who drive a bit over the speed limit, forget to buckle their seat belts or park illegally can breathe easier this week as police turn a blind eye in protest against plans to raise their retirement age.
Oct 07, 2014 11:35 AM EDT
New kings of the road: Big motorbike makers rev up in Southeast Asia
Roads in Southeast Asia have been getting a little louder lately as motorcycle makers, an aspiring middle class and easy bank credit come together to breed a new genus of motorcyclists – the big-bike rider.
Oct 06, 2014 12:07 PM EDT
Hong Kong clashes break out away from Central protest site
Violent scuffles broke out in one of Hong Kong's most famous and congested shopping districts on Friday, as hundreds of supporters of Chinese rule stormed tents and ripped down banners belonging to pro-democracy protesters, forcing many to retreat.
Oct 03, 2014 11:37 AM EDT
Searching for new supercar, Bugatti shielded from VW cost curbs
Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.
Oct 03, 2014 11:22 AM EDT
Islamic State presses assault on Syrian border town, Kurds warn Turkey
Islamic State insurgents tightened their grip on a Syrian border town on Thursday despite coalition air strikes, sending thousands more Kurdish refugees into Turkey and dragging Ankara deeper into the conflict.
Oct 02, 2014 12:16 PM EDT
Europe's carmakers walk tightrope between low cost and high spec
Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.
Oct 02, 2014 12:11 PM EDT
Volkswagen's Seat says nearing profitability
Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.
Oct 02, 2014 11:58 AM EDT
BMW, Mercedes standardize cars to help buyers and boost margins
Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.
Oct 02, 2014 11:51 AM EDT
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