http://www.mail.com/in-en/business/markets/ Markets - Business: Find breaking news, world news and pictures on Markets en en http://sec-s.uicdn.com/mail.com/2.29/img/mailcom_logo_rss.png http://www.mail.com/in-en/business/markets/ http://www.mail.com/in-en/business/markets/2156772-markets-edge-higher-fed-meeting-starts.html LONDON (AP) — Stock markets edged higher Tuesday as a two-day policy meeting of the U.S. Federal Reserve got underway — a meeting that could have a huge influence on how investors see the future path of the country's monetary policy. For weeks now, markets have been gripped with uncertainty over whether the Fed will start reducing the amount of financial ... Tue, 18 Jun 2013 16:52:53 GMT http://www.mail.com/in-en/business/markets/2156772-markets-edge-higher-fed-meeting-starts.html 2013-06-18T16:52:53Z http://www.mail.com/in-en/business/markets/2159022-swiss-lawmakers-reject-deal-to-us-tax-spat.html GENEVA (AP) — Switzerland's lower house of parliament pushed back strongly Tuesday against a government proposal to end a bitter dispute with U.S. authorities over American tax cheats suspected of hiding money in the country's banks. The compromise legislation is at heart a debate over the Alpine nation's vaunted banking secrecy which is now threatened by... Tue, 18 Jun 2013 13:55:10 GMT http://www.mail.com/in-en/business/markets/2159022-swiss-lawmakers-reject-deal-to-us-tax-spat.html 2013-06-18T13:55:10Z http://www.mail.com/in-en/business/markets/2159100-spain-bad-loan-ratio-edges-toward-11-pct.html MADRID (AP) — The proportion of bad loans on Spanish banks' books has edged up to 10. 8 percent while the Treasury had to pay higher interest rates to raise 5 billion euros ($6.79 billion) in short-term debt — fresh signals of the country's economic troubles. Central bank data Tuesday shows non-performing loans totaled 167.1 billion euros in April, up 14.... Tue, 18 Jun 2013 11:19:16 GMT http://www.mail.com/in-en/business/markets/2159100-spain-bad-loan-ratio-edges-toward-11-pct.html 2013-06-18T11:19:16Z http://www.mail.com/in-en/business/markets/2157082-sweeping-us-eu-trade-talks-to-start-july.html ENNISKILLEN, Northern Ireland (AP) — A top European Union official says talks on a sweeping new free trade agreement between the EU and the US will begin next month. Jose Manuel Barroso, head of the EU's executive arm the Commission, said Monday at the G-8 summit in Northern Ireland that the deal could offer "huge economic benefits" for both sides of the ... Mon, 17 Jun 2013 14:52:06 GMT http://www.mail.com/in-en/business/markets/2157082-sweeping-us-eu-trade-talks-to-start-july.html 2013-06-17T14:52:06Z http://www.mail.com/in-en/business/markets/2157032-obama-us-will-host-talks-eu-trade-deal.html ENNISKILLEN, Northern Ireland (AP) — President Barack Obama says the U.S. will host the first round of negotiations toward a broad trade deal with the European Union next month in Washington. Obama says there will be sensitivities to overcome by parties on both sides of the Atlantic Ocean. He says while leaders will be giving strong mandates to their nego... Mon, 17 Jun 2013 14:38:25 GMT http://www.mail.com/in-en/business/markets/2157032-obama-us-will-host-talks-eu-trade-deal.html 2013-06-17T14:38:25Z http://www.mail.com/in-en/business/markets/2156948-portuguese-teachers-strike-austerity-plans.html LISBON, Portugal (AP) — Thousands of Portuguese students have missed mandatory end-of-year exams because of a 24-hour strike by teachers opposing government plans to extend their working week and reduce staff numbers. Many teachers stayed away from work Monday, leaving nobody to monitor national exams at some schools. Most of the country's education syste... Mon, 17 Jun 2013 13:51:02 GMT http://www.mail.com/in-en/business/markets/2156948-portuguese-teachers-strike-austerity-plans.html 2013-06-17T13:51:02Z http://www.mail.com/in-en/business/markets/2156888-eu-official-trade-deal-with-us-game-changer.html ENNISKILLEN, Northern Ireland (AP) — The top official with the European Union's executive arm says a free trade deal with the United States would be a "game-changer" for the global economy. European Commission President Jose Manuel Barroso made the statement Monday ahead of a formal launch of the trade effort at the Group of Eight Summit in Northern Irela... Mon, 17 Jun 2013 13:11:08 GMT http://www.mail.com/in-en/business/markets/2156888-eu-official-trade-deal-with-us-game-changer.html 2013-06-17T13:11:08Z http://www.mail.com/in-en/business/markets/2156624-joy-croatia-enters-eu.html ZAGREB, Croatia (AP) — There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union. The 53-year-old Croatian textile factory worker has a more immediate worry: The underwear manufacturer she works for went bust and she hasn't received her 300-euro ($400) monthly wage in months. ... Mon, 17 Jun 2013 10:03:04 GMT http://www.mail.com/in-en/business/markets/2156624-joy-croatia-enters-eu.html 2013-06-17T10:03:04Z http://www.mail.com/in-en/business/markets/2155460-obama-takes-economic-foreign-policy-agenda-to-uk.html WASHINGTON (AP) — President Barack Obama is taking a security, foreign policy and economic agenda to Northern Ireland for a meeting with heads of the leading industrial nations. He's looking for consensus on Syria while pushing for common ground on trade, economic growth and tax policies. Obama left Washington on Sunday night and is scheduled to arrive in... Mon, 17 Jun 2013 02:02:21 GMT http://www.mail.com/in-en/business/markets/2155460-obama-takes-economic-foreign-policy-agenda-to-uk.html 2013-06-17T02:02:21Z http://www.mail.com/in-en/business/markets/2155122-g8-faces-uncertain-recoveries-turbulent-markets.html ENNISKILLEN, Northern Ireland (AP) — Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation — but it remains an open question if the recovery will stick. That's the global economy that will confront the heads ... Sun, 16 Jun 2013 12:02:55 GMT http://www.mail.com/in-en/business/markets/2155122-g8-faces-uncertain-recoveries-turbulent-markets.html 2013-06-16T12:02:55Z http://www.mail.com/in-en/business/markets/2153930-shock-lingers-nazi-unit-leader-us.html MINNEAPOLIS (AP) — The revelation that a former commander of a Nazi SS-led military unit has lived quietly in Minneapolis for the past six decades came as a shock to those who know 94-year-old Michael Karkoc. World War II survivors in both the U.S. and Europe harshly condemned the news and prosecutors in Poland have said they'll investigate. An Associated... Sun, 16 Jun 2013 04:02:06 GMT http://www.mail.com/in-en/business/markets/2153930-shock-lingers-nazi-unit-leader-us.html 2013-06-16T04:02:06Z http://www.mail.com/in-en/business/markets/2154628-italy-approves-measures-aimed-boosting-economy.html ROME (AP) — The Italian government has adopted a series of measures aimed at boosting the economy, including the release of 3 billion euros ($4 billion) for infrastructure projects projected to create 30,000 new jobs. Premier Enrico Letta said the measures, based on recommendations from the European Union commission, would help Italians contribute to rest... Sat, 15 Jun 2013 23:08:46 GMT http://www.mail.com/in-en/business/markets/2154628-italy-approves-measures-aimed-boosting-economy.html 2013-06-15T23:08:46Z http://www.mail.com/in-en/business/markets/2153780-obama-trade-dilemma-scant-support-democrats.html WASHINGTON (AP) — President Barack Obama is aggressively pushing an ambitious agenda to liberalize global trading. But already political trade wars are forming, and they're with fellow Democrats rather than with Republicans, his usual antagonists. Obama is promoting free-trade proposals with Europe and Asia that could affect up to two-thirds of all global... Sat, 15 Jun 2013 19:03:04 GMT http://www.mail.com/in-en/business/markets/2153780-obama-trade-dilemma-scant-support-democrats.html 2013-06-15T19:03:04Z http://www.mail.com/in-en/business/markets/2153752-uk-territories-sign-to-tax-avoidance-crackdown.html LONDON (AP) — U.K. Prime Minister David Cameron struck a deal Saturday with leaders of Britain's overseas territories to share tax information — a move he heralded as a "positive step forward" on an issue at the forefront of next week's G-8 summit in Northern Ireland. The prime minister met Saturday at Downing Street with representatives from Britain's ne... Sat, 15 Jun 2013 15:16:17 GMT http://www.mail.com/in-en/business/markets/2153752-uk-territories-sign-to-tax-avoidance-crackdown.html 2013-06-15T15:16:17Z http://www.mail.com/in-en/business/markets/2152254-us-urgency-g-8-call-european-growth.html WASHINGTON (AP) — When leaders of the nation's biggest economies gathered in the U.S. last year, European elections had rattled the continent with a rejection of austerity measures. President Barack Obama was seeking re-election. The sense of urgency was palpable as Obama made an emphatic pitch for Europe's powers to focus more on economic growth. These d... Sat, 15 Jun 2013 02:44:47 GMT http://www.mail.com/in-en/business/markets/2152254-us-urgency-g-8-call-european-growth.html 2013-06-15T02:44:47Z http://www.mail.com/in-en/business/markets/2151610-eu-deal-trans-atlantic-trade-pact-mandate.html LUXEMBOURG (AP) — The European Union worked around French objections on Friday to agree on a free trade negotiating mandate for sweeping talks with the United States that President Barack Obama wants to officially open next week. Under Friday's deal, trade ministers at a meeting in Luxembourg agreed to France's demand to keep its movie and television indu... Fri, 14 Jun 2013 23:02:13 GMT http://www.mail.com/in-en/business/markets/2151610-eu-deal-trans-atlantic-trade-pact-mandate.html 2013-06-14T23:02:13Z http://www.mail.com/in-en/business/markets/2151648-ap-impact-commander-nazi-led-unit-lives-us.html BERLIN (AP) — A top commander of a Nazi SS-led unit accused of burning villages filled with women and children lied to American immigration officials to get into the United States and has been living in Minnesota since shortly after World War II, according to evidence uncovered by The Associated Press. Michael Karkoc, 94, told American authorities in 1949... Fri, 14 Jun 2013 20:53:00 GMT http://www.mail.com/in-en/business/markets/2151648-ap-impact-commander-nazi-led-unit-lives-us.html 2013-06-14T20:53:00Z http://www.mail.com/in-en/business/markets/2151932-dutch-budget-office-lowers-economic-forecasts.html AMSTERDAM (AP) — The Netherlands' independent budget planning office has lowered its economic forecasts for 2013 and says the government will run a 3.7 percent deficit in 2014 — above the 3 percent limit set by European rules. The Central Planning Bureau says the economy will contract by 1 percent this year, from an earlier estimate of 0.5 percent. The Ca... Fri, 14 Jun 2013 12:38:54 GMT http://www.mail.com/in-en/business/markets/2151932-dutch-budget-office-lowers-economic-forecasts.html 2013-06-14T12:38:54Z http://www.mail.com/in-en/business/markets/2151888-oil-tops-97-amid-syria-worries-ahead-us-data.html The price of oil rose past $97 a barrel Friday amid concerns about a possible escalation in Syria's civil war while traders awaited the release of several reports on the U.S. economy. By early afternoon in Europe, benchmark oil for July delivery was up 36 cents to $97.05 a barrel in electronic trading on the New York Mercantile Exchange. The contract gain... Fri, 14 Jun 2013 12:25:49 GMT http://www.mail.com/in-en/business/markets/2151888-oil-tops-97-amid-syria-worries-ahead-us-data.html 2013-06-14T12:25:49Z http://www.mail.com/in-en/business/markets/2151618-spains-public-debt-hits-record-high.html MADRID (AP) — Spain's central bank says the country's public debt burden rose to a record 88.2 percent of gross domestic product at the end of the first quarter. The bank said Friday that Spain's debt was 922.82 billion euros ($1.23 trillion) at the end of March, up 19.1 percent from the same period a year earlier. The government has said it expects its d... Fri, 14 Jun 2013 09:57:17 GMT http://www.mail.com/in-en/business/markets/2151618-spains-public-debt-hits-record-high.html 2013-06-14T09:57:17Z http://www.mail.com/in-en/business/markets/2151432-euro-fund-chief-without-imf-long-term.html BERLIN (AP) — The head of Europe's bailout fund says the region should eventually aim to do without help from the International Monetary Fund. Klaus Regling's comments in Friday's edition of Germany's daily Frankfurter Allgemeine Zeitung add to recent hints from other European policymakers that the bloc should aim to handle future emergencies on its own. ... Fri, 14 Jun 2013 07:54:25 GMT http://www.mail.com/in-en/business/markets/2151432-euro-fund-chief-without-imf-long-term.html 2013-06-14T07:54:25Z http://www.mail.com/in-en/business/markets/2151210-european-growth-urgent-us-g-8-summit.html WASHINGTON (AP) — A year after President Barack Obama made an emphatic pitch to Europe's economic powers to focus more on economic growth than austerity, much of the eurozone remains mired in or near recession. Obama's appeals have had mixed results in softening the demands on some of the most debt-ridden European nations to cut their spending. Still, the... Fri, 14 Jun 2013 04:16:58 GMT http://www.mail.com/in-en/business/markets/2151210-european-growth-urgent-us-g-8-summit.html 2013-06-14T04:16:58Z http://www.mail.com/in-en/business/markets/2148920-asian-stocks-rebound-tokyo-drop.html BEIJING (AP) — Asian stocks rebounded Friday from Tokyo's sharp decline after investors were encouraged by positive U.S. economic news. Oil stayed above $96 a barrel on signs of steady American hiring and stronger retail sales despite mounting signs of weakness in China's economic recovery. Tokyo's Nikkei 225, the regional heavyweight, gained 2.4 percent ... Fri, 14 Jun 2013 04:15:34 GMT http://www.mail.com/in-en/business/markets/2148920-asian-stocks-rebound-tokyo-drop.html 2013-06-14T04:15:34Z http://www.mail.com/in-en/business/markets/2150136-national-bank-greece-avoids-nationalization.html ATHENS, Greece (AP) — Greece's largest bank, National Bank of Greece, says it has succeeded in raising enough capital to avoid being nationalized, the second Greek bank to meet that target. The debt-stifled country's banks are being bailed out by a 50 billion euro national rescue fund set up with international bailout cash. To avoid nationalization they m... Thu, 13 Jun 2013 19:08:11 GMT http://www.mail.com/in-en/business/markets/2150136-national-bank-greece-avoids-nationalization.html 2013-06-13T19:08:11Z http://www.mail.com/in-en/business/markets/2149614-imf-portugal-meeting-targets-outlook-grim.html LISBON, Portugal (AP) — The International Monetary Fund says Portugal is on track to meet conditions of its bailout but the economic outlook is grim, support for austerity measures is fading and unemployment is likely to rise further. The IMF made the comments in a statement Thursday, a day after it approved an installment payment of 657 million euros as ... Thu, 13 Jun 2013 15:59:25 GMT http://www.mail.com/in-en/business/markets/2149614-imf-portugal-meeting-targets-outlook-grim.html 2013-06-13T15:59:25Z http://www.mail.com/in-en/business/markets/2148400-launch-us-eu-trade-talks-hitting-snag.html WASHINGTON (AP) — One of the big goals of President Barack Obama's upcoming trip to Europe may be in jeopardy, with French objections threatening to hold up the launch of negotiations on a sweeping U.S.-European Union free trade pact. The proposed Transatlantic Trade and Investment Partnership has raised great expectations of boosting growth and jobs by e... Thu, 13 Jun 2013 14:08:55 GMT http://www.mail.com/in-en/business/markets/2148400-launch-us-eu-trade-talks-hitting-snag.html 2013-06-13T14:08:55Z http://www.mail.com/in-en/business/markets/2146300-asian-stocks-slide-led-tokyo-worries.html TOKYO (AP) — Asian stocks slid in early Thursday trading as gyrations on the Tokyo market, the region's biggest, continued — fueled by worries about a surging yen and monetary policies in the U.S. and Japan. Japanese media reports said overseas hedge funds may be dumping Japan's equities following a disappointment earlier in the week, when the Bank of Jap... Thu, 13 Jun 2013 03:59:38 GMT http://www.mail.com/in-en/business/markets/2146300-asian-stocks-slide-led-tokyo-worries.html 2013-06-13T03:59:38Z http://www.mail.com/in-en/business/markets/2147750-imf-portugal-time-to-cut-budget-deficit.html WASHINGTON (AP) — The International Monetary Fund has approved a request by Portugal for more time to cut its budget deficit as the country struggles with austerity measures imposed as part of an international bailout. In March, the IMF said it would adjust the fiscal deficit targets at the request of Portuguese authorities. It revised the targets from 4.... Wed, 12 Jun 2013 21:06:06 GMT http://www.mail.com/in-en/business/markets/2147750-imf-portugal-time-to-cut-budget-deficit.html 2013-06-12T21:06:06Z http://www.mail.com/in-en/business/markets/2147080-broadcasters-blow-to-greek-identity.html ATHENS, Greece (AP) — When Nazi troops marched into Greece's nearly deserted capital on April 27, 1941, radio announcer Costas Stavropoulos of the Hellenic Broadcasting Corp. announced the grim news. He urged his countrymen and women not to listen to future Nazi radio transmissions and signed off with the Greek national anthem. That moment in Greek broadc... Wed, 12 Jun 2013 20:13:08 GMT http://www.mail.com/in-en/business/markets/2147080-broadcasters-blow-to-greek-identity.html 2013-06-12T20:13:08Z http://www.mail.com/in-en/business/markets/2146426-ecb-official-defends-crisis-measures-court.html KARLSRUHE, Germany (AP) — A top European Central Bank official rejected accusations that the bank had exceeded its powers while fighting the financial crisis, telling Germany's supreme court its bond-buying program is only meant to ensure its monetary policy works. The Federal Constitutional Court was holding a second day of hearings to weigh allegations ... Wed, 12 Jun 2013 17:42:12 GMT http://www.mail.com/in-en/business/markets/2146426-ecb-official-defends-crisis-measures-court.html 2013-06-12T17:42:12Z