EU duty-free jet fuel sets new battle for world refiners
LONDON - U.S. refiners are expected to ship large volumes of jet fuel across the Atlantic starting in 2014 after the European Union scrapped an import duty on the product, opening a new battleground for the world's largest refineries, traders said.
ECB briefs heads of top euro zone banks ahead of stress tests
FRANKFURT - Bosses from top euro zone banks were gathering at the European Central Bank on Wednesday to find out what it will be looking for in its upcoming "stress tests" on their balance sheets.
Analysis: Deflation threat in Europe may prompt investment rethink
LONDON - The threat of deflation in the euro zone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash.
EU banks outside euro zone likely to overcome stress test divide
LONDON - EU nations that lie outside the euro zone plan largely to fall in behind the European Central Bank when they check the health of their banks, helping them to avoid a "two tier" outcome in stress tests next year.
Factbox: Non-euro zone bank stress tests preparations by country
LONDON - Many of the 11 EU nations that lie outside the euro zone plan to align tests of the health of their banks closely with a European Central Bank assessment of major lenders within the currency bloc.
EU seeks to increase influence on global accounting rules
LONDON - The European Union is seeking to increase its influence over global accounting standards by beefing up the agency that scrutinizes new rules and in certain cases tweaking how they are applied in the bloc.
Britain's Cameron could persuade skeptical voters to stay in EU: poll
LONDON - A majority of British voters would choose to stay in the European Union if Prime Minister David Cameron succeeds in renegotiating London's ties with the 28-nation bloc, a poll found on Tuesday.
Italy and Malta say EU must press Libya to stop boat migration
VALLETTA - Italy on Monday called on the European Union to press Libya to stem the gangs smuggling migrants from Africa on overcrowded boats and prevent shipwrecks like the one that killed hundreds last month.
Slovenian government to face confidence vote on Thursday
LJUBLJANA - Slovenia's parliament will hold a vote of confidence on Thursday in the government of the small euro zone country which is trying to avoid an international bailout.
Global Economy: Surprise tactics sweep central banking
LONDON - After slashing interest rates to almost nothing and printing trillions of dollars, central banks are becoming increasingly reliant on another policy weapon: sucker punching markets.
Poland's roads to ruin
MSZANA, Poland - When Poland started handing out billions of euros worth of contracts for a wave of road-building five years ago, everyone was meant to benefit. But a project that should have been a bonanza for Europe has turned into "a slaughter house for Polish and European firms". Full Article