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BRUSSELS (AP) – The European Commission called on Italy to make an immediate change to rules that allow female civil servants to retire far earlier than their male co-workers. Italian men working in public administration can retire at 65, while women...

LONDON (AP) — Prudential PLC says that its $35.5 billion agreement with US insurer AIG to acquire its Asian business has been terminated. AIG — American International Group Inc. — effectively killed the deal on Tuesday when it said it would not negot...

RPT-SCENARIOS-The future for BP after the oil spill HOUSTON, June 3 (Reuters) - BP's oil spill in the Gulf of Mexico has become the worst in U.S. history, prompting speculation about the future of the company and its chief executive, Tony Hayward. He...

NEW YORK (AP) — Stocks closed higher for a second day yesterday after traders found room for optimism in mixed economic reports. The Dow Jones industrial average rose about six points a day after leaping 226. It was the first back-to-back gain for th...

HELSINKI (Reuters) – Nokia Oyj, the world's top cellphone maker, yesterday unveiled four new cheap models and a bicycle charger in a move to protect its dominance in emerging markets. Nokia said the 15-euro charger was targeted at developing countrie...

TORONTO (Reuters) - Toronto's main stock index ended higher yesterday as energy shares rallied on a rise in oil prices, but the index see-sawed through the day, hurt by weakness in materials shares and a high level of uncertainty ahead of today's US ...

SYDNEY (Reuters) – Global miner Xstrata threatened to scrap $5.4 billion in Australian coal and copper projects, blaming a new mining tax and taking the value of new developments put on hold to above $20 billion in just a month. Xstrata's move, which...

ZURICH (Reuters) – The Swiss parliament's upper house yesterday backed a Swiss-US tax deal that averted the risk of crippling legal action against UBS but punched a hole in the country's treasured bank secrecy. The deal is yet to be approved by the p...

LONDON (AP) — British Airways has apologised for a picture in a company magazine that showed a boarding pass in the name of Osama bin Laden. The company said yesterday that the image of the fake boarding pass appeared in LHR News, a bi-weekly publica...

BC-EUROZONE-GOVERNMENT/VAN ROMPUY EU president backs euro econ governm't idea-sources BRUSSELS, June 2 (Reuters) - European Union President Herman van Rompuy supports the creation of a euro zone economic government, as proposed by France, EU sources ...