Markets

Poland cuts interest rates as economy slows
The National Bank of Poland has cut interest rates to a historic low as the economy continues to slow and inflation is below target. The central bank ...
Ukraine expects to sign cooperation accord with EU
Ukraine's foreign minister said he expects his country to sign a cooperation agreement with the European Union later this year despite the EU's ...
Oil slips below $96 as fears over Syria ease
The price of oil edged slightly lower Tuesday as fears over Israeli involvement in Syria's civil war eased. By early afternoon in Europe, benchmark ...
Creditors submit Portugal's austerity plan to test
Inspectors from Portugal's bailout creditors are returning to Lisbon to assess whether the government's latest austerity measures merit unblocking a ...
Norway to shift tax burden more to oil industry
The Norwegian government is proposing to shift the tax burden more to its large oil industry to stimulate growth in other sectors. Prime Minister Jens ...
Britain holding off on media regulation plans
British officials are holding off on plans for a state-backed media watchdog, the first sign that opposition from the newspaper industry is slowing ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ...
A look at impact of ECB rate cut
The European Central Bank influences the cost of borrowing in the economy of the 17-country eurozone by moving its key interest rate up and down.
British NGO challenges Goldman tax deal
A British pressure group on Thursday challenged what it described as a sweetheart tax deal between U.K. authorities and Goldman Sachs, arguing that ...
Reactions to European Central Bank rate cut
The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter ...
Denmark cuts key interest rate to 0.2 percent
Denmark's central bank has cut its key interest rate by 0.1 percentage points to 0.2 percent following a similar move by the European Central Bank.
Glance: Key ECB measures to calm eurozone crisis
The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis afflicting the 17 European ...
Credit-easing steps by central banks, at a glance
The European Central Bank cut its key interest rate Thursday by a quarter percentage point to a new all-time low of 0.5 percent, a move aimed at ...
Text of statement by ECB President Mario Draghi
Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
Asia stocks down on US, China economic fears
Asian stock markets fell Thursday after U.S. and Chinese data pointed to slower growth in the world's two biggest economies. Analysts are concerned ...
ECB weighs rate cut as eurozone economy struggles
Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ...
Swiss central bank posts $11.95 billion Q1 profit
For the Swiss central bank, cash was king this quarter. The Swiss National Bank showed Tuesday how it turned a pitfall of the country's status as a ...
Russia bars planes from using Syrian airspace
Russia has banned its airlines from flying over Syria after a civilian plane was reported to have come under an unspecified threat in Syrian airspace.
Oil price falls slightly to near $94 a barrel
The price of crude fell slightly to near $94 per barrel Tuesday after Japan released lukewarm manufacturing data and on expectations that U.S.
Bowing in 'pigeon' fight, France slashes taxes
President Francois Hollande announced on Monday a series of measures to encourage the French entrepreneurial spirit, including drastic cuts in capital ...
Greece's largest bank backs cash infusion plan
Greece's largest bank has approved a recapitalization plan worth 9.76 billion euros ($12.8 billion), insisting it will raise enough money privately ...
German banks oppose US plan seeking higher capital
German banks are rejecting a push by U.S. regulators to tighten oversight of foreign banks and impose higher capital buffer requirements, saying the ...
UK lawmakers: Accounting firms abuse of gov't role
Staff at some of the world's top accountancy firms are using insider knowledge gained while working for the British Treasury to help private clients ...
Draining cash, Egypt on $30 billion search for aid
During a meeting in a Black Sea resort city, Egypt's president and members of his government turned to Russian President Vladimir Putin and asked for ...
Spain's jobless above 6 million for first time
With more than 6 million unemployed for the first time ever, Spain's jobless rate shot up to a record 27.2 percent in the first quarter of 2013, the ...