Oil price probe widens, senator wants Justice Department help
LONDON/WASHINGTON - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.
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Reuters
ECB eyes supervisor role to squeeze weak banks
BRUSSELS - The European Central Bank could use its new supervisory role from next year to single out weak banks and make it harder for them to get its financial support, people familiar with the matter say.
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Russia Raises Stakes in Syria
Russia has sent a dozen or more warships to patrol waters near its naval base in Syria, a buildup that U.S. and European officials are taking as an aggressive stance meant partly to warn the West and Israel not to intervene in Syria's bloody civil war.
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Energy Costs Move Up Europe's Agenda
Some executives at the annual European Business Summit say the real challenge for the EU is to prevent a further deindustrialization of the continent.
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Investors and Religious Groups Press Retailers on Safety
A jointly signed letter urges big American retailers to unite with a coalition of mainly European chains to work toward workplace safety in Bangladesh.
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