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Mario Draghi

All eyes on Draghi's bond rescue plan for Europe
European Central Bank President Mario Draghi gets another chance Thursday to spell out how the bank intends to rescue the 17 countries that use the ...
Asian stocks down as US manufacturing disappoints
Weaker-than-expected U.S. manufacturing figures, just days after China announced its own production slowdown, sent Asian stock markets down Wednesday.
Stocks end mixed on weak US economic reports
Stocks zigged and zagged after reports that the U.S. economy is weakening at a time when China and Europe are also slowing. The Dow Jones industrial ...
Oil slides on economic concerns
The price of oil slipped Tuesday after a weak report on U.S. manufacturing suggested demand for oil would fall. U.S. benchmark crude fell $1.17 to ...
ECB chief is wielding even more sway than Bernanke
Move over, Ben Bernanke. This is Mario Draghi's moment. The European Central Bank president is overtaking the Federal Reserve chairman — at least for ...
Oil price up to near $97 ahead of ECB meeting
The price of oil crept up closer to $97 a barrel on Tuesday on expectations that the European Central Bank will soon announce new measures to fight ...
Spain to put another $7.5 bln in bank rescue fund
The Spanish government will inject another €6 billion ($7.5 billion) into its bank rescue fund to cope with growing problems in its financial sector ...
Asia stocks stalled by global economic uncertainty
Asian stock markets wavered Tuesday as uncertainties persisted about what authorities in the U.S., China and Europe might do to deal with a souring ...
German minister: bank supervisor will take time
Germany's finance minister hit hopes that Europe's stressed banks could soon tap the region's rescue funds directly when he said Monday that a new ...
Spanish PM pushes ECB bond buying program
Spain's prime minister is urging the European Central Bank to go ahead with a bond-buying program aimed at lowering the borrowing costs of debt-ridden ...
What's next for markets? 3 experts weigh in
The dull days are almost over. For the last couple of weeks, markets slipped into a late summer lull, with investors seemingly nodding off in their ...
Why world markets focus on tiny Jackson Hole, Wyo.
Every August, the world's financial markets shift their attention from the centers of global commerce — New York, London, Tokyo — to a mountain valley ...
Few think Bernanke to signal action at conference
Investors are hoping Chairman Ben Bernanke will at least hint Friday that the Federal Reserve is ready to launch another round of bond purchases to ...
Draghi urges Germans to support euro rescue plan
European Central Bank head Mario Draghi urged skeptical Germans Wednesday to support his efforts to rescue the euro, arguing that "exceptional ...
Merkel praises Italy reforms as markets improve
German Chancellor Angela Merkel said Thursday she is confident that Italy's reform drive will help push down the country's borrowing costs, but ...
Spain's Catalonia asks Madrid for financial help
Spain's financial worries increased Tuesday after another of its struggling regions asked for central government aid to stop it from defaulting on its ...
Markets stall as traders await US Fed chief speech
Stock markets retreated Tuesday due to global worries about the impact of the eurozone debt crisis and as investors awaited a key speech by the U.S.
Draghi skips Jackson Hole as ECB shapes bond plans
European Central Bank head Mario Draghi has called off his trip to an annual Jackson Hole conference of central bankers this week due to a heavy ...
Debate rages on over ECB bond-buying plan
Debate raged on among Europe's top bankers on Monday over the merits of a proposed plan for the European Central Bank to buy government bonds to lower ...
Europe's leaders face post-holiday blues
After their holidays spent soaking up the August sun, Europe's political leaders are bracing themselves for storm clouds this fall. The latest ...
Overworked European Central Bank to add staff
Europe's debt crisis is close to claiming a new set of casualties — the European Central Bank's overstretched staff. The central banking authority for ...
Stocks slip, but Apple sets a record
Stocks slipped Monday in one of the quietest trading sessions of the year. Worries about European debt crept up again, and Apple became the most ...
Germany: Greece must follow through with reforms
Europe's leaders are gearing up for a high-stakes week of financial diplomacy that could determine Greece's future — and the stability of the 17 ...
Germany's Bundesbank still skeptical of bond buys
Germany's central bank, the Bundesbank, has again stressed its skepticism toward proposed purchases of government bonds by the European Central Bank, ...
Asian stocks up on US housing data, Cisco earnings
Encouraging signs about the U.S. housing market and strong earnings from U.S. tech giant Cisco helped lift Asian stock markets Friday. The U.S.