Economics

As Roberto Azevedo leaves the World Trade Organization Monday, the institution faces multiple crises without a captain -- a situation experts warn could drag on for months.

The European Commission gave French engineering giant Alstom the green light to buy Canadian train-maker Bombardier Transport on Friday, a year-and-a-half after blocking a mega-merger

When the first snail farm in Ukraine opened five years ago, local villagers couldn't hide their curiosity.

EU leaders on Tuesday approved a landmark stimulus package to fight the withering aftershocks of the coronavirus outbreak that has sunk Europe into its deepest recession in history.

Divided EU leaders will meet again on Monday to try to agree the terms of a huge coronavirus economic rescue package after a night of tense haggling failed to yield a breakthrough.

The EU's air safety agency EASA is recommending airlines and airports impose measures such as masks and social distancing to limit the risk of coronavirus for passengers.

The EU's highest court on Friday said it alone had legal authority over the European Central Bank, firmly rejecting a German Constitutional Court ruling critical of the bank's

British energy major BP said Monday that crashing oil prices had prompted it to tweak the terms of a gigantic deal to sell off its Alaska operations.

The eurozone economy suffered an "unprecedented" collapse according to the latest PMI index put out Thursday by analysis firm IHS Markit.

EU finance ministers on Tuesday will discuss special crisis measures to help European countries withstand the economic shock of the coronavirus outbreak, but powerful Germany is cautioning