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(MENAFN - AFP) Eurogroup chief Jeroen Dijsselbloem on Friday warned Athens against "ignoring" the terms of its international bailout deals after holding talks with Greece's new anti-austerity government.

"Ignoring arrangements is not the way forward," Dijsselbloem told a news conference after talks with the government that wants to renegotiate the bailout and erase part of ...

(MENAFN - AFP) The US economy had its best year since 2010 last year, outpacing all of the other major developed countries as consumer confidence picked up, helped by sinking oil prices.

But a slowdown in the fourth quarter held back the annual growth figure, baring some of the persistent challenges -- like the soaring dollar -- to locking the world's largest economy into ...

(MENAFN - AFP) European stock markets traded mixed Friday as deflation worries deepened for the eurozone, which was locked in crucial talks with Greece over a possible restructuring of debt.

London's benchmark FTSE 100 index dropped 0.17 percent to 6,798.79 points in afternoon trade.

Frankfurt's DAX 30 rose 0.04 percent to 10,741.63 points, with early gains won thanks ...

(MENAFN - AFP) Russia's central bank cut its main interest rate on Friday in a surprise move aimed at kickstarting the economy which is expected to contract sharply under the weight of Western sanctions and plunging oil prices.

The announcement to slash its key interest rate to 15 percent from 17 percent marked the first cut since December 2011.

The rate cut had come ...

(MENAFN - AFP) Fifty years after Winston Churchill's death, Britain on Friday paid tribute to its wartime prime minister, who remains a touchstone of political life and a reminder of a faded age of global influence.

London's Tower Bridge was raised and the HMS Belfast warship fired a gun salute as the boat that carried his coffin up the River Thames in 1965 retraced its ...

(MENAFN - AFP) The US government is getting nearly $45 billion from an auction of wireless spectrum, highlighting surging demand for new devices which connect to the Internet.

The Federal Communications Commission said the auction ended Thursday raised $44.89 billion, the highest amount ever for this type of sale.

The auction comes amid huge demand for spectrum to meet ...

(MENAFN - AFP) Wall Street stocks moved mostly lower in early trade Friday following disappointing US economic growth and eurozone inflation data.

About 35 minutes into trade, the Dow Jones Industrial Average stood at 17,385.96, down 30.89 points (0.18 percent).

The broad-based S&P 500 fell 5.97 (0.30 percent) to 2,015.28, while the tech-rich Nasdaq Composite Index ...

(MENAFN - AFP) European stock markets fell Friday, as deflation worries deepened for the eurozone, which was set for showdown talks with Greece over a possible restructuring of debt.

London's benchmark FTSE 100 index dropped 0.34 percent to 6,787.09 points around midday in the capital.

Frankfurt's DAX 30 dipped 0.02 percent to 10,735.97 points, with early gains won ...

(MENAFN - AFP) World oil prices edged higher Friday in nervous deals, having dramatically slumped close to a six-year low the previous day on the back of record US crude stockpiles.

West Texas Intermediate (WTI) for March delivery added 41 cents to $44.94 a barrel, one day after striking a March 2009 low of $43.58.

European benchmark Brent North Sea crude for March ...

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