Loek Essers focuses on online privacy, intellectual property, open source, and online payment issues for the IDG News Service. More by Loek Essers.
For the first time in almost three months, applications for US unemployment benefits have crossed the 300,000 mark. Last week also, the applications increased.
General view of a meeting of oil ministers of the Organization of the Petroleum Exporting Countries at their headquarters in Vienna, Austria, in June.
European Commission President, Luxembourg's Jean-Claude Juncker addresses the European Parliament to present a plan on growth, jobs and investment, in Strasbourg, November 26, 2014.
European Central Bank head Mario Draghi says the euro currency union remains "incomplete" and needs to be strengthened with better oversight of member countries' economic policies to avoid future crises.