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European Union lawmakers have voted overwhelmingly to cap bankers' short-term cash bonuses from next year, a move that European leaders hope other parts of the world will follow.
European Union regulators on Tuesday approved Chinese carmaker Geely to buy Sweden's iconic Volvo Cars.
A European Union court ruled Tuesday that antitrust regulators were right to block Ryanair's hostile 2007 bid for rival Irish airline Aer Lingus.
European Union regulators on Wednesday fined steel producer ArcelorMittal euro315 million for secret deals to fix steel prices for nearly two decades with 16 other steel makers.
OPEC called Monday on the United States to reconsider a ban on new deep-water drilling that could hold back oil supplies — despite safety concerns in the wake of the massive Gulf of Mexico oil spill.
A trans-Atlantic rift is growing over the right medicine for Europe's financial crisis, with Britain announcing its steepest cuts in decades Tuesday and Germany defending its own austerity measures after a warning by President Barack Obama that budget-slashing could threaten the global recovery.
European Union leaders are set to back a European levy on banks to help pay the costs of future collapses, according to a draft text seen by the Associated Press that will be made public after a Thursday summit.
Bulgaria's public finance statistics are worrisome and should be checked by European Union officials, the bloc's economy commissioner said Tuesday.
The European Union's highest court rejected a challenge Tuesday by four British cell phone companies to a Europe-wide price cap on fees for using a phone abroad.
Europe's economic picture darkened further Monday as Britain's prime minister declared the nation's finances to be worse than feared — requiring sacrifices that will affect "our very way of life" — and the euro slid further toward parity with the dollar.
The European Union's executive on Wednesday called for European credit rating agencies to rival the three U.S.-based market leaders and proposed a new regulatory authority to oversee them with the power to impose fines.
Eurozone nations agreed Friday to tighten joint oversight of the economies in Europe's currency union in an effort to stem a government debt crisis that has already forced them to offer billions of euros to Greece if it can't borrow from markets.
Portugal must be ready to make more cutbacks if can't achieve its deficit-reduction target, the European Union's executive commission warned Wednesday as it struggles to curb soaring debt levels across the region.
The European Union's budget rules will to be sharpened to try and prevent countries from following Greece's flagrant flouting of debt and deficit limits, the EU's top economy official said Wednesday.
European steel makers on Wednesday demanded an EU antitrust probe to check for monopoly abuse and cartel-type behavior by the three major iron ore suppliers Vale, BHP Billiton Ltd and Rio Tinto after price increases of more than 80 percent.
U.S. trade representative Ron Kirk said Friday that he is reluctant to wade into long-running trade disputes with China as the United States tries to double its exports to emerging markets over the next five years.
The European Union's executive challenged Germany's intransigence over financial help for Greece on Monday, asking that eurozone leaders agree on a package this week to finally put an end to its debt crisis and months of market turbulence.
Belgian insurer Fortis Holding said Wednesday that Dutch regulators fined it euro576,000 ($781,000) for giving incorrect information about the financial situation of Fortis bank, months before it nearly collapsed and sought government rescue.
The world's largest brewer and maker of Budweiser reported Thursday a fourth quarter profit of $1.28 billion, helped by cost cuts and price hikes, but said global beer sales were stagnant and forecast no rebound in 2010.
European Union data privacy regulators are telling Google Inc. to warn people before it sends cameras out into cities to take pictures for its Street View maps, adding to the company's legal worries in Europe.
The European Parliament on Thursday strongly rejected a deal that would have allowed U.S. authorities access to European bank transfers — a vote the United States said disrupted an important source of information for anti-terror investigators.
ArcelorMittal SA, the world's largest steel maker, posted a fourth quarter profit of $1.07 billion Wednesday and said it expects demand to strengthen this year.
Greek Prime Minister George Papandreou on Friday criticized the European Union as "timid" and too slow to express unified support for his country during its financial crisis, a day after Greece won backing — but no detailed bailout plan — at an EU summit.
ENI SpA's chief executive said Thursday that the Italian energy company will pull out of Iran after current contracts to develop two gas fields there run out, as international pressure grows to isolate the country over its disputed nuclear program.
Microsoft Corp.'s top lawyer said Monday that Google will inevitably have to answer questions about its huge market share in selling advertisements linked to results from its search engine.
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