Europe

Dollar index on track for best annual gain in nine years

The dollar was on track to end 2014 with a gain of 12 percent against a basket of major currencies, and anticipated U.S. interest rake hikes may strengthen its appeal in the new year.

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Oil price crash claims first U.S. LNG project casualty

Excelerate Energy's Texan liquefied natural gas terminal plan has become the first victim of an oil price slump threatening the economics of U.S. LNG export projects.

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Euro zone rattled as Greece braces for elections

European shares and periphery euro zone bonds tumbled on Monday after the Greek parliament rejected the government's presidential candidate, setting the stage for an election that anti-bailout party Syriza could win.

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Germany plans electric car motorway charging stations

Germany plans to expand the network of charging stations for electric cars across the country to help boost lackluster demand, a Transport Ministry paper seen by Reuters showed.

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Suspected state hacking campaign used commercial software

A previously undisclosed hacking campaign against military targets in Israel and Europe is probably backed by a country that misused security-testing software t

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Schaeuble: 'cheap money shouldn't stop reform zeal' in euro zone

German Finance Minister Wolfgang Schaeuble expressed his reservations against the European Central Bank launching a bond buying stimulus program and praised Bundesbank president Jens Weidmann's arguments against such moves.

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Smith & Nephew outperforms sluggish European markets

Bid speculation drove up the shares of medical devices maker Smith & Nephew (SN.L) on Wednesday, allowing it to outpace sluggish European stock markets in a shortened session ahead of the Christmas break.

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P&G to sell soap brands Camay and Zest to Unilever

Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.

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Global shares, oil and ruble rally into Christmas period

World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.

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Fear factor fades as global M&A hits seven-year high

Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.

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Russia growls across the border as Lithuania readies for euro

Geopolitics plague Lithuanians at this frozen Russian border post, where a return trip by car can mean 48 hours of queuing. It is a reminder for some of why the former Soviet republic will cement its move to the West by joining the euro zone next month.

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Obama says Putin presiding over economic contraction: CNN interview

U.S. president Barack Obama has rejected the charge that he has been outmaneuvered by Russian president Vladimir Putin, saying in a TV interview due for broadcast later on Sunday that Putin was presiding over "a huge economic contraction" due to the Ukraine crisis.

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Amazon's cloud business a harder sell in post-Snowden era

This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.

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As Ford closes, European rust belt seeks new ideas

In the heart of western Europe, the Belgian-Dutch-German rust belt has been dealt another blow. Two car plants closed this month as companies sought cheaper labor elsewhere, the final chapter of a manufacturing boom that began when coal mines fuelling Europe's industrialization shut in the 1960s.

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'Shimmering' Cezanne to heat up art auction, Christie's say

A "shimmering" Paul Cezanne painting of the Mediterranean with a castle in the background is expected to attract the big-money buyers at a February auction that includes works by Modigliani, Giacometti and Picasso, Christie's said on Wednesday.

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