Bill Gates

Gates, UK take lead in $7.5 billion pledge for children's vaccines

International donors pledged $7.5 billion on Tuesday to immunize 300 million children in poor countries against deadly diseases such as diarrhea and pneumonia.

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Petro Poroshenko

EU agrees $2 billion euros for Ukraine, to consider more

EU finance ministers agreed on Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help save it from bankruptcy, leaving open the option of increasing aid at a later stage.

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S&P downgrades Russia's sovereign credit rating to 'junk'

Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade.

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Oil tankers in the front line of Libya's two-government struggle

Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages, caught in a struggle between the rival governments there and threatened by air attacks.

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Greece, EU

Euro zone ready to work with Syriza, says Greece's problems remain

Euro zone finance ministers said they were ready to work with the new anti-bailout government Greek government, but warned the country that its deep economic problems had not changed because of an election, the chairman of the ministers said on Monday.

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Alexis Tsipras

Schaeuble says Tsipras can find a 'different way' if he wants

German Finance Minister Wolfgang Schaeuble said on Monday Greece's leader Alexis Tsipras would have to "find a different way" to solve Greece's problems if he says he does not want money from the euro zone bailout program.

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Gold Mining

German watchdog sees no signs of gold, forex manipulation

Investigators at German financial watchdog Bafin have not discovered any signs of systemic efforts to manipulate currency benchmarks, rather, only individual efforts, banking supervisory head Raimund Roeseler said in a newspaper interview on Tuesday.

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Big Ben in London, UK

UK 2014 growth fastest in seven years despite fourth quarter slowdown

Britain's economy recorded its fastest annual growth since 2007 last year despite a bigger-than-expected slowdown in the final three months of 2014, giving a mixed message just 100 days before Britons go to the polls.

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Trader in Frankfurt

Far-left victory in Greece bruises European markets

European shares fell and borrowing costs for the euro zone's most indebted states rose on Monday as the leftist Syriza party looked set to take on Greece's international lenders after a crushing victory in early elections.

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Italy economy minister eyes "bad bank" to clean up risky loans

Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Economy Minister Pier Carlo Padoan said in a newspaper interview on Sunday.

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Gas station

Oil prices fall on market relief over Saudi policy

Oil prices declined on Monday, with U.S. crude falling close to a nearly six-year low, as Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.

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Ignazio Visco

ECB's Visco says no fixed end to QE: paper

There is no fixed end to the European Central Bank's government bond-buying program, governing council member Ignazio Visco told a German paper.

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Federal Reserve

All eyes on Fed, Greece after ECB fires bazooka

After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path.

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Jens Weidmann

Bundesbank's Weidmann: It's in interest of Greek government to do reforms

Bundesbank President Jens Weidmann said Greece, where an anti-bailout party looks set to win a snap election, would continue to need aid and would only get this by sticking to agreements, adding he hoped the new government would not make promises the country could not afford.

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Oil majors to preserve dividends despite oil collapse, tap debt

Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and their strategies to cope with the oil prices collapse that caught many unawares.

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