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Wholesale gas prices soar in Britain

British wholesale gas prices hit a record high on Friday after the failure of a vital import pipeline demonstrated the vulnerability of the nation’s energysupply to external ...

Israel apologizes over flotilla deaths

Barack Obama has persuaded Israel to apologize to Turkey for the loss of nine lives on board the Mavi Marmara – the lead ship in an aid flotilla trying to breach the blockade ...

Cyprus bailout deal closer after MPs vote for bank shake-up

After a day of high drama, Cyprus‘s parliament approved legislation on Friday night to restructure its banking sector and create a national solidarity fund that could save it ...
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