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BRUSSELS The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market.The accord has been under negotiation for more than a year and follows an agreement last year on derivatives.U.S. and EU representatives said in

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By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline

By Jake Spring | SHANGHAI SHANGHAI When Chinese automaker GAC Motor was preparing to enter the United States market it foresaw

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell over 1 percent on Friday, dragged by a strong dollar, rising Saudi


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