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Business

Brent crude hits new 11-year low as China worries add to glut

SINGAPORE: Brent crude prices fell to fresh 11-year lows on Thursday as fresh concerns over China's economy added to huge storage overhangs, near-record production and slowing demand that have already pummelled prices.

World

Ukraine MPs approve tit-for-tat Russian trade embargo

KIEV (Reuters) - Ukraine's parliament voted on Thursday to give the government the right to impose a trade embargo against Russia, which said last week that it would suspend a free trade zone with Ukraine from Jan. 1.

TECH

Futurama's future in gaming

German developer Wooga and Fox Digital Entertainment have signed a deal to bring the Matt Groening-created animated sci-fi series back to life as a mobile game.

World

EU faces awkward meeting with ex-Soviet 'partners'

BRUSSELS (Reuters) - European Union leaders begin a tense summit on Thursday with ex-Soviet neighbours that will be overshadowed by the continuing confrontation with Russia triggered by the last such event 18 months ago.

World

EU, Ukraine to hold summit in Kiev on April 27

BRUSSELS/KIEV (Reuters) - EU leaders will hold a summit with Ukrainian President Petro Poroshenko next month in Kiev, officials said on Wednesday, and are likely to discuss the status of the Minsk ceasefire agreement in eastern Ukraine.

Business

Avoid devaluing currencies to boost trade

NEW DELHI: The United States will “oppose and push back very hard” against attempts to boost exports by weakening exchange rates, Treasury Secretary Jacob J. Lew said in one of his strongest statements yet on a potential currency war.

World

No Russia-Ukraine gas deal at EU talks; Moscow queries finances

BRUSSELS (Reuters) - Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay.

World

Russia not preparing new tit-for-tat sanctions - Deputy PM

SOCHI Russia (Reuters) - Russia is not working on a new package of measures in retaliation for Western sanctions over Moscow's role in Ukraine, Deputy Prime Minister Arkady Dvorkovich was quoted as saying on Saturday.

World

Solidarity veteran takes Poland to Europe's top table

WARSAW (Reuters) - The son of a carpenter, Donald Tusk came of political age in the cauldron of Poland's "Solidarity" movement, which presaged the fall of communism a quarter of a century ago.

World

West faces tough choices if Russia, Ukraine fight

WASHINGTON (Reuters) - If Russia and Ukraine slide into outright war, the United States and allies will face tough choices on how to support a friendly state they have no intention of making a full NATO member.