Ukraine offers creditors 'last chance' to reach deal over debt

Ukraine has offered an updated debt restructuring proposal to creditors, its finance minister says, warning that Kiev would halt debt payments if bondholders did not make use of this last chance to clinch a deal in coming talks.

Mideast, Ukraine Crises Likely in G7 Lens

LONDON— Leaders of the Group of Seven industrialized countries convene their annual summit this weekend in Germany, where they are expected to discuss current crises, such as the wars in Iraq, Syria, Yemen and Libya, and long-term issues like climate change and the economy.

Russia Seizes on Rally to Build Reserves After $120 Billion Drop

The ruble’s world-beating rally is enabling Russia to do something it wouldn’t have thought possible a few months ago: Rebuild currency reserves that slumped $120 billion in less than a year.

Russia Risks Recession as Oil Drop Seen Squeezing Budget

The easing of tensions in Ukraine will offer little respite to Russia as the lowest oil prices in more than two years threaten to tilt the $2 trillion economy toward recession, according to a Bloomberg survey of analysts.

Standstill confirmed: eurozone growth has ground to a halt

The eurozone saw no growth whatsoever in the second quarter of this year, as ongoing tensions over Ukraine and weak demand weighed on output.

More than half of consumers globally upbeat on job prospects: Nielsen

(Reuters) - More than half of consumers globally expect job prospects to be good to excellent in the year ahead, a survey showed on Tuesday.

Dollar Gains on Accord to Reduce Tension in Ukraine

The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de-escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.

Finance officials confident of global growth

WASHINGTON (AP) An ambitious goal to boost global growth by $2 trillion in the next five years is within reach, finance officials of the world's major economies believe, despite a variety of threats, including rising political tensions over Russia's actions in Ukraine.

G20 to focus on boosting global growth, not Crimea: official

(Reuters) - Global financial leaders will thrash out details of individual country pledges to boost growth and overhaul their economies at this week's meetings in Washington, a senior Australian official said on Tuesday.

Putin Deports Executives for Speeding as Sanctions Loom

Even before the Ukraine standoff, foreign companies in Russia say they were alarmed by the number of executives being deported for minor infractions.

Russia-Ukraine 'closer on gas price' after Sochi talks

Russia says differences with Ukraine on reducing the price of Russian gas have been narrowed after talks in the Black Sea resort of Sochi.