US Economy
  • Russia says Ukraine peace deal cover for power grab

    By Reuters

    MOSCOW (Reuters) - Russia said on Monday that a Western-backed peace deal in Ukraine is being used to make a power grab and interim authorities were employing "terrorist methods" to suppress...

  • Pope revolutionizes Vatican by opening finances to scrutiny

    Pope revolutionizes Vatican by opening finances to scrutiny

    By Philip Pullella, Reuters

    VATICAN CITY (Reuters) - Pope Francis on Monday revolutionized the Vatican's scandal-plagued finances, inviting outside experts into a world often seen as murky and secretive and saying the church...

  • Services growth slows in February: Markit

    Services growth slows in February: Markit

    By Reuters

    NEW YORK (Reuters) - Growth in the services sector as well as the pace of hiring slowed in February, an industry report showed on Monday, the latest data to suggest an unusually cold winter is...

  • Brazil presses EU for undersea cable to skirt U.S. links

    Brazil presses EU for undersea cable to skirt U.S. links

    By Robin Emmott and Francesco Guarascio, Reuters

    BRUSSELS (Reuters) - Brazilian President Dilma Rousseff pressed ahead on Monday with plans to lay an undersea communications cable directly to Europe to reduce Brazil's reliance on the United States...

  • Exclusive: GE to spend another $10 billion on energy research by 2020

    Exclusive: GE to spend another $10 billion on energy research by 2020

    By Ernest Scheyder, Reuters

    (Reuters) - General Electric Co plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $10 billion through...