Markets

Asia stock markets edge up after big sell-off
Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve ...
Appellate court: Berlusconi ran illegal scheme
Former Italian Premier Silvio Berlusconi on Thursday called "surreal" the judicial reasoning behind an appellate court's decision to uphold his guilty ...
Greeks to see no tax relief until budget improves
Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to ...
Spanish region to seize first house from banks
Spain's southern Andalucia region has begun its first proceedings to seize confiscated houses from banks under a new anti-eviction law aimed at ...
Spain pays higher interest rates in bond auction
Spain has had to pay higher interest rates to auction off 4 billion euros ($5.2 billion) in governments bonds as financial markets were unnerved by ...
Asia stocks down as China factory output slips
Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No.
Fiat Industrial aims to shift tax home to Britain
Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves ...
EU steps up fight against tax evasion by end 2013
The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the ...
Turkey enacts tax amnesty
Turkey's parliament has launched a tax amnesty in an attempt to lure back citizens' assets held overseas and help bolster government finances.
How the French economy compares to Germany's, UK's
Here's how the struggling French economy stacks up compared to Germany's and Britain's. GROSS DOMESTIC PRODUCT (2012) France: 2 trillion euros ($2.
Jordan: Arab Spring clears way for press freedoms
The Arab Spring uprisings that toppled four Arab leaders have forced Mideast governments to allow more freedom of expression and of the press, ...
Glance: Europe's Key Institutions
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ...
EU to ban reusable olive oil bottles in eateries
The small glass bottle filled, and refilled, with golden olive oil has long been a staple on many restaurant tables across Europe. Now, the European ...
Greek PM in China seeking investment, trade deals
Greece's prime minister is in China seeking investment and trade deals to help revive his country's recession-battered economy. Antonis Samaras met ...
Luxembourg PM downplays swift tax evasion deal
Luxembourg's Prime Minister says he doesn't expect an agreement on one of the European Union's key policies against tax evasion to emerge at next ...
Vietnam provider drops foreign news TV channels
A Vietnamese satellite TV company stopped airing international channels including BBC and CNN on Thursday, citing a law that foreign governments have ...
UK campaign group loses challenge on tax deal
A U.K. pressure group Thursday lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs. UK Uncut ...
Trade group slams safety pact for Bangladesh
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment ...
Eurozone's struggling economies mired in recession
The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office ...
Israeli leader under fire for costly lifestyle
For years, Israeli Prime Minister Benjamin Netanyahu has been saddled with an image of a cigar-smoking, cognac-drinking socialite. Now a new ...
EU to shift bill for bank failures to creditors
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large ...
France approves major labor reform package
France's parliament has passed a package of significant labor reforms Tuesday that the government hopes will help halt rising unemployment and ...
Croatia Airlines goes on strike over pay cuts
Croatia Airlines pilots and flight attendants went on strike Tuesday over planned salary cuts and layoffs that are part of efforts to restructure the ...
Pension reform seen as crucial for ailing Portugal
A leading international economic body says Portugal must push ahead with changes to pension entitlements, even though the planned reforms are ...
Visa to lower some card fees in EU antitrust probe
The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust ...