Norwegian energy giant Statoil's Huldra oil rig in the North Sea. Oil prices perked up Thursday after European leaders reaffirmed their desire to see Greece stay in the euro and Iran and world powers deadlocked ...

European Central Bank President Mario Draghi talks to media as he leaves after a meeting of European Union leaders in Brussels. Draghi said the EU was at "a crucial moment in its history" and ...

Head of the Vatican bank Ettore Gotti Tedeschi, pictured in 2010, was forced to resign from his post on Thursday "for failing to carry out duties of primary importance," the Holy See said in ...

A New York broker has asked Nasdaq to compensate it for up to $35 million in losses on the Facebook initial public offering due to the market's computer problems on the first day of trade.

Air France-KLM, the struggling Franco-Dutch airline group, warned it was overstaffed but said it was still seeking ways to avoid forced departures as part of its turnaround plans.

A Qantas Airbus A380 sits on the tarmac following repairs in April. Airbus has delayed repairs to wing cracks on its flagship A380 superjumbo to early next year in order to allow time to ensure the fixes ...

Members of the CCOO Workers Union and the General Union of Workers (UGT) wave banners as they push against a police line during a protest against austerity measures imposed by the Spanish Government in ...

Head of the Vatican bank Ettore Gotti Tedeschi, pictured in 2010, was forced to resign from his post on Thursday "for failing to carry out duties of primary importance," the Holy See said in ...

Norwegian energy giant Statoil's Huldra oil rig in the North Sea. Oil prices rebounded slightly on Thursday as investors went bargain hunting after New York crude slumped below $90 a barrel the previous ...

An international arbitration has granted US Dow Chemical $2.16 billion in compensation from Kuwait for pulling out of a multi-billion-dollar joint venture in 2008, the two sides said on Thursday.

European Commission President Jose Manuel Barroso (left) and European Council President Herman Van Rompuy hold a press conference in Brussels. Eurozone tensions have risen again with grim signals from ...

An Indian flight technician cleans the windows of a Jet Airways Boeing aircraft at Begumpet Airport in Hyderabad in 2010. Jet Airways, India's biggest private airline, has reported a wider quarterly net ...

International ratings agency Moody's has affirmed its top Aaa rating on France but said it would watch closely the policies of new President Francois Hollande who favours growth above austerity.

European Commission President Jose Manuel Barroso (left) and European Council President Herman Van Rompuy hold a press conference in Brussels. Eurozone tensions have risen again with grim signals from ...

The Military Officers Association of America career fair, pictured last month in Washington, DC. New claims for US unemployment benefits fell last week in a fresh sign that the ailing job market is slowly ...

Volkswagen cars are manufactured in Wolfsburg, Germany. Eurozone private sector activity suffered its worst monthly slide in nearly three years in May, a survey has shown.

European Commission President Jose Manuel Barroso (left) and European Council President Herman Van Rompuy hold a press conference in Brussels. Eurozone tensions have risen again with grim signals from ...

German automaker BMW says it will appeal a Swiss fine of 156 million francs (130 million euros, $163 million) imposed after competition authorities said the company prevented the Swiss from buying its ...

European Commission President Jose Manuel Barroso (left) and European Council President Herman Van Rompuy hold a press conference in Brussels. Eurozone tensions have risen again with grim signals from ...

A shopper walks past a sale sign on New Oxford Street in London, in March. Britain's recession is worse than previously thought, as revised official figures show that the economy shrank by more than expected ...

Stock brokers work at the stock exchange in the German city of Frankfurt am Main in April. Business confidence in Germany dropped to a six-month low in May, as companies grow increasingly pessimistic in ...

Volkswagen cars are manufactured in Wolfsburg, Germany. Eurozone private sector activity suffered its worst monthly slide in nearly three years in May, a survey has shown.

A shopper walks past a sale sign on New Oxford Street in London, in March. Britain's recession is worse than previously thought, as revised official figures show that the economy shrank by more than expected ...

Stock brokers work at the stock exchange in the German city of Frankfurt am Main in April. Business confidence in Germany dropped to a six-month low in May, as companies grow increasingly pessimistic in ...

(L-R) Italian Prime Minister Mario Monti and Spanish Prime Minister Mariano Rajoy (C) look on as German Chancellor Angela Merkel and French President Francois Hollande shake hands. Hollande stepped up ...

French President Francois Hollande called Thursday for the European Union to use its bailout fund to replenish directly the coffers of banks suffering from the eurozone debt crisis.

Simon Henry, Chief Operating Officer of Royal Dutch Shell, at a press conference in 2010. Royal Dutch Shell said Thursday it was mulling its options over Cove Energy, one day after Thai oil giant PTT trumped ...

Worker puts up scaffolding at a construction site near Munich. Strong exports and consumer demand helped the German economy, Europe's biggest, steer clear of recession in the first three months of this ...

Anglo-South African brewer SABMiller, which bought Australian group Foster's last year, said Thursday that annual net profits soared by 75 percent, boosted by growth in emerging markets.

(L-R) Italian Prime Minister Mario Monti and Spanish Prime Minister Mariano Rajoy (C) look on as German Chancellor Angela Merkel and French President Francois Hollande shake hands. Hollande stepped up ...

The Google logo at the Google headquarters in Mountain View, California. Google won a major victory as jurors sided with the Internet giant in a high-stakes court battle over patents with business software ...

A sign welcoming Facebook is flashed on a screen outside the NASDAQ stock exchange at New York's Times Square on May 18. Furious investors have began filing suits over losses on Facebook's disastrous $16 ...

File picture of an oil platform at the port of Rio de Janeiro, Brazil. Tapping Brazil's huge offshore oil reserves will require foreign investment that only cash-rich Chinese banks are in a position to ...