Markets

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 ...
UK newspapers reject press regulation plans
British newspaper publishers including major players like Rupert Murdoch's News International on Thursday rejected the government's proposals for ...
Top ECB official cautions: rate cuts have costs
A top European Central Bank official warned Thursday that another interest rate cut might not be much help for eurozone countries in recession — ...
EU lawmakers support free trade deal with US
European Union lawmakers have voted in favor of starting talks on a wide-ranging free trade agreement with the United States. A parliamentary ...
Greek finance minister rejects tax relief call
Greece's Finance Minister has rejected a called from the government's Socialist coalition partners to add tax relief measures to a new austerity bill ...
UK in dark mood as new recession may be confirmed
Recession may just be a word. But in Britain it may become a habit — and a dangerous one at that. It's possible that official figures on first quarter ...
Predictions of ECB rate cut grow as growth fades
Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more and more experts that the ...
Donald Trump's anti-wind farm ad banned
Britain's Advertising Standards Agency has ruled that Donald Trump's anti-wind farm advert should be withdrawn in its current form. The independent ...
Oil price near $90 on upbeat US company results
Crude prices rose Wednesday to near $90 a barrel as a string of positive corporate earnings and an improved U.S. housing report pointed to higher oil ...
Oil slips below $89 as China manufacturing slows
The price of oil slipped below $89 a barrel Tuesday after a slowdown in China's manufacturing reinforced concerns over the level of demand in the ...
Oil stays above $88 per barrel
The price of oil rose modestly above $88 a barrel Monday as traders returned to commodities after big sell-offs last week. By early afternoon in ...
Germany's tax take continues to swell in Q1
The German government's tax income has continued to swell this year, thanks in part to a solid labor market in Europe's biggest economy. The Finance ...
German opposition seizes on prominent tax case
Germany's opposition seized Sunday on a case of suspected tax evasion involving a prominent football figure to attack the government before this ...
Slovenia insists it's not the next Cyprus
Slovenian officials have a message for the world: Don't panic — we won't be the next to fall. The tiny European Union member is trying to convince its ...
US readying aid package for Syrian rebels
The U.S. readied a package Saturday of up to $130 million in nonlethal military aid to Syrian opposition forces while European countries consider ...
Cyprus to open casinos to restart economy
Cyprus' president said Friday that the bailed-out country will open casinos and bolster its tourism sector to get the economy going again.
G-20 countries pledge stronger efforts
World finance leaders are pledging to pursue further actions to bolster a disappointingly weak global recovery. They also reaffirmed their commitment ...
Penguin seeks to settle EU e-book antitrust probe
The European Union's antitrust watchdog says publisher Penguin has offered to forgo a deal with Apple on the sale of e-books in a bid to end an ...
EU aims to get US trade deal by next year
The European Union's top trade official says negotiations with the U.S. on what would become the world's largest free trade agreement should be ...
Greenland leader worries about life after mining
Greenland's government wants to make sure the sparsely populated Arctic island doesn't get "ripped off" by foreign companies seeking to exploit its ...
German state raids homes of 200 alleged tax cheats
German authorities launched dawn raids on the homes of over 200 suspected tax cheats Tuesday, acting on information gleaned from a CD containing the ...
EU lawmakers vote for banker bonus cap
The European Parliament on Tuesday voted in favor of reforms to strengthen the bloc's financial sector, including a new law to cap bankers' bonuses.
France forces ministers to show financial records
Tax Day generally passes unnoticed in France but this year a major tax scandal involving a top member of government has made April 15 a day of ...
China and Iceland sign free trade agreement
China and Iceland signed a free trade agreement Monday, offering hope to the small North Atlantic country for its recession-battered economy and ...