Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday
Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday
The imposition of a new round of sanctions asset freezes and travel bans appears unlikely for now
EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies
EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies
Russia remains open to cooperation with Western countries, but will not initiate an improvement in the relations with them, Russian Foreign Minister Sergei Lavrov said on Saturday
Is Putin the bad guy in the Ukraine conflict, or has the West ignored the need for a legitimate buffer zone, or is it all about ideological underpinnings of civilisational ideas, wonders T N Ninan
Cases of Omicron BA2, a Covid-19 subvariant, are rising across the European Union (EU) as member nations were lifting restrictions, the European Medicines Agency (EMA) said
Consumers should be particularly wary of promised fast or high returns, especially those that look too good to be true, the EU's securities, banking and insurance watchdogs said in a joint statement
The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme
The European Union has determined that imports of cold-rolled flat stainless steel products from India and Indonesia benefit from unfair subsidies and imposed tariffs
Pure-bred horses, truffles, a soccer club owner and a media company chief. They were among the targets of new European Union sanctions against Russia on Tuesday that sought to deny oligarchs their love of luxury and rob the nation of lucrative steel exports. The 27-nation bloc sought to stay away from sanctions that would sap its supply of Russian energy, but pounced with measures worth billions while stifling its ability to work on global markets by banning EU rating agencies to work with Russian clients. These new sanctions will cut Russia off even further and drain its resources to finance this barbaric war. So one can say that the Russia has become the most sanctioned nation in the world, which is very dubious honour indeed, European Commission Vice President Valdis Dombrovskis said. The continued punishment of Moscow for its invasion of neighbouring Ukraine was done in close consultation with Western allies, from the United Kingdom to the United States. Together they agreed t
Meta Platforms was fined 17 million euros ($19 million) for violating the European Union's privacy rules by failing to prevent a series of data breaches on its Facebook platform in 2018
By Stefano Rebaudo
The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which include bans on investments in the Russian energy sector, luxury goods expo
The leaders of Poland, the Czech Republic and Slovenia are travelling on Tuesday to Kyiv which is currently under fire, on an EU mission to show support for Ukraine as Russia's invasion intensifies
The European Union has announced that the 27-nation bloc has approved a new set of sanctions to punish Moscow for its invasion of Ukraine
RIA news agency quoted Leonid Slutsky as comparing the state of the talks now with the situation when they first started, and saying there was "substantial progress"
But the truth is murkier - revealed in arcane corporate filings that can take days before becoming public
G7, EU and other organisations are calling for guarding against export restrictions in wake of the Ukraine-Russia war for stabilising food prices