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Business

  • Spanish central bank offers grim economic forecast

    Spain will sink deeper into recession and unemployment will worsen this year as the country struggles under the weight of austerity measures taken to ... 

  • 'Fifty Shades of Grey' boosts Random House sales

    Booming sales of the "Fifty Shades of Grey" erotic trilogy helped publisher Random House to a record year. The company sold 70 million copies of E L ... 

  • EU extends credit default swaps antitrust probe

    The European Union's competition watchdog is expanding its investigation of the credit default swaps market to include a major derivatives trade body ... 

  • Wolfgang Schaeuble, Pierre Moscovici, Christine Lagarde

    Asian stocks slip over effects of Cyprus bailout

    Asian stock markets fell Tuesday as relief turned to worry over a bailout that prevents Cyprus from going bankrupt. The bailout, signed and sealed ... 

  • Cyprus' banks to remain closed until Thursday

    Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after striking a pre-dawn ... 

  • Post-mortem shows Russian tycoon died from hanging

    A post-mortem examination found that self-exiled Russian tycoon Boris Berezovsky died by hanging, and there was nothing pointing to a violent ... 

  • Boris Berezovsky

    Berezovsky's billions: How the tycoon lost so much

    How do you burn through billions? The death of Boris Berezovsky, whose body was found Saturday inside his upscale English home, has refocused ... 

  • Belgium's chocolate stamps offer lick with a kick

    Feel like having chocolate at Easter in Belgium? Well, send a letter and really lick that chocolate-flavored postal stamp. The Belgian post office ... 

  • Oil hits 5-week high on Cyprus financial bailout

    The price of oil rose to a five-week high after Europe patched up the latest problem in its yearslong financial crisis. Benchmark crude for May ... 

  • Conservative group wins Macedonia local elections

    Macedonia's conservative coalition won most of the local elections in the country with outside observers approving the process, but the opposition ... 

  • Jeroen Dijsselbloem

    Top EU official: Cyprus bank rescue new template

    Inflicting losses on banks' shareholders, bondholders and even large depositors should become the 17-country eurozone's default approach for dealing ... 

  • Mahmoud Abbas, Barack Obama

    Israel to resume money transfers to Palestinians

    Israel said Monday it would resume regular monthly transfers of about $100 million in taxes and customs it collects for the Palestinian Authority, a ... 

  • 5 jailed in UK for inventing movie in tax scam

    Five people were jailed Monday in Britain for pretending to make a Hollywood movie in a scam to defraud tax authorities of millions of pounds. 

  • ECB continues emergency credit for Cyprus

    The European Central Bank gave the green light to continue emergency credit for Cyprus' banking system. The decision is a key step ahead of the ... 

  • Israelis get kosher cigarettes for Passover

    Observant Jews in Israel craving a smoke during the week-long Passover holiday that starts at sundown Monday can now enjoy a rabbi-approved puff. 

  • Christine Lagarde, Pierre Moscovici, Wolfgang Schaueble, Maria Fekter

    Trouble from Cyprus deal could linger for eurozone

    European leaders may have saved Cyprus from imminent financial collapse when they clinched a last-minute deal in the early hours of Monday morning. 

  • Slovak PM visits US Steel, no deal announced

    Slovakia's Prime Minister met with U.S. Steel executives in Pittsburgh on Monday to discuss the future of a steel mill in Kosice, but no final ... 

  • Air France-KLM to replace top executives

    Air France-KLM's top two executives say they will step down in July as the struggling airline tries to turn its business around. Chairman and CEO ... 

  • Experts cut German economic growth forecast

    The German government's independent council of economic advisers has cut its forecast for growth this year to 0.3 percent after Europe's biggest ... 

  • Christine Lagarde, Jeroen Dijsselbloem, Olli Rehn

    A look at the eurozone's 5 bailouts

    Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began ... 

  • Ford India apologizes over Berlusconi bondage ad

    The Indian unit of Ford Motor Co. has apologized for advertisements decried as demeaning to women, including one depicting Italy's former Prime ... 

  • AstraZeneca settles legal dispute with Watson

    Anglo-Swedish pharmaceutical company AstraZeneca has settled a patent dispute with Watson Laboratories, Inc., removing a threat against its ... 

  • 2 states challenge German redistribution system

    Two wealthy German states have filed a lawsuit in the country's highest court challenging a system under which money is redistributed to less ... 

  • Karel De Gucht, Fumio Kishida

    Japan, EU agree to start free-trade negotiations

    Japan and the European Union agreed Monday to start negotiations for a free-trade pact encompassing nations that account for nearly a third of the ... 

  • Russia moves to restructure loan to Cyprus

    A spokesman for Russian President Vladimir Putin says the president has asked the government to restructure a 2.5 billion euro ($3.2 billion) loan to ... 

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