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(MENAFN - AFP) Russian President Vladimir Putin on Tuesday said Russia would extend the current gas deal with Ukraine by another three months, hours before it was due to expire.

In a meeting Tuesday with Putin, Prime Minister Dmitry Medvedev said Kiev has asked to extend the deal signed in October which expires at midnight. "Let's do it," Putin responded.

He said ...

 
(MENAFN - AFP) European stock markets closed significantly lower Tuesday following mixed eurozone data and contentious Greek bailout talks, while London's main index failed to gain after an upgrade of British economic growth.

London's benchmark FTSE 100 tumbled 1.72 percent to end the day at 6,773.04 points.

Frankfurt's DAX 30 index slumped 0.99 percent to close at ...

 
(MENAFN - AFP) Oil sank Tuesday as dealers tracked last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the key crude producer.

In late afternoon London deals, Brent North Sea crude for delivery in May slid 63 cents to $55.66 per barrel.

US benchmark West Texas Intermediate (WTI) for May shed 51 ...

 
(MENAFN - AFP) German unemployment fell in March to the lowest level since the country reunited in 1990 as the recovery in Europe's biggest economy continues to pick up speed, data showed on Tuesday.

The number of people registered as unemployed in Germany fell by a seasonally-adjusted 15,000 to 2.798 million in February, the Federal Labour Office said.

That was steeper ...

 
(MENAFN - AFP) Argentina's largest cities ground to a halt Tuesday as transport unions went on strike, demanding tax cuts for low-income workers and putting the government on the defensive seven months out from general elections.

An eerie quiet reigned over Buenos Aires as buses, trains and subways began a 24-hour shutdown at midnight, emptying the streets in this city of ...

 
(MENAFN - AFP) Insurers have begun counting the financial cost of the Germanwings plane disaster, parent company Lufthansa said Tuesday, with hundreds of millions of dollars being set aside to cover compensation for victims' families.

As search teams continued to scour the crash site in the French Alps under arduous conditions, the German flag carrier said $300 million (279 ...

31 Mar 2015   Europe stocks close down 
 
...
 
(MENAFN - AFP) Oil fell Tuesday as dealers tracked last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the crude producer.

Brent North Sea crude for delivery in May slid $1.23 to $55.06 a barrel in London midday deals.

US benchmark West Texas Intermediate (WTI) for May shed $1.11 to $47.57 a ...

 
(MENAFN - AFP) A deal on Greece's bailout is possible before the end of April, EU Council President Donald Tusk said Tuesday as Athens continued tough talks with its creditors on a disputed list of reforms.

Tusk said the negotiations were "complex", and while nothing was expected before Easter, a late April deadline agreed between Greece and its EU-IMF creditors was still ...

 
(MENAFN - AFP) Britain's economy grew faster than expected in the final quarter of last year, revised official data revealed Tuesday.

Gross domestic product expanded by 0.6 percent in the last three months of 2014, up from a previous estimate of 0.5 percent, the Office for National Statistics said in a statement.

GDP for last year reached 2.8 percent, higher than the ...

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