Spanish unemployment jumps to record 26 pct
Spain's unemployment rate shot up to a record 26 percent in the fourth quarter of 2012, leaving almost six million people out of work, the National ...
Slovenian PM to stay on despite coalition breakup
Slovenia's embattled prime minister refused to step down Thursday despite the breakup of his ruling coalition, saying an election now would hurt the ...
Oil prices get boost from China manufacturing
The price of oil recovered slightly on Thursday, after a large fall the previous day, thanks to a survey showing China's manufacturing sector is on ...
In crisis, Greeks turn to wood-burning - and choke
Fireplaces were long a status symbol for Greece's up-and-coming middle class, like the second car and the flat-screen TV. Now, they are increasingly ...
Why Geithner's Treasury leadership proved divisive
President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most ...
Survey finds China manufacturing hits 2-year high
China's manufacturing crept higher in January to the fastest pace in two years, a survey showed Thursday, in another sign the world's second-biggest ...
SKorea's economy grows at slowest pace in 3 years
South Korea's economy grew 2 percent in 2012, its weakest performance in three years, and is not expected to rebound strongly this year, the central ...
Big banks, under pressure, on defense at Davos
If there is one place bankers should be able to let down their guard a little, you would think it would be at the World Economic Forum in Davos, an ...
Portugal gets $3 BN in 1st bond sale since rescue
Portugal sold its debt on financial markets Wednesday for the first time since it needed a bailout, collecting €2.5 billion ($3.3 billion) in an ...
Eurozone debt burden stuck amid low growth
The eurozone failed to reduce its government debt in the third quarter of last year, as meager growth offset efforts by several of the bloc's 17 ...
Spain recession deepened in Q4, central bank says
Spain's recession deepened in the fourth quarter of 2012, when the economy shrank by 0.6 percent compared with the previous three-month period, ...
CEOs head to Davos more pessimistic about 2013
As high-powered CEOs flock to the snowy Swiss resort of Davos, they are loaded down with baggage — not just skis and iPads but concerns about the ...
Financial lobby group warns on emerging markets
A leading lobby group for the world's financial institutions is warning investors not to get caught short in emerging markets if rich-country central ...
Syrians struggle with shortages as economy buckles
Grappling with severe fuel shortages and winter temperatures that drop below freezing, Syrians are spending hours in line every day for gasoline or ...
EU grouping gets OK for financial transaction tax
A group of 11 European Union countries was given the go-ahead Tuesday to work on the introduction of a tax on financial transactions. The tax is ...
Cyprus insists against privatizations in bailout
Cyprus insists it will resist privatizing state-owned companies, even if its public debt burden is deemed too heavy to bear once it receives an ...
Spain cheered by high demand for new 10-year bond
Spanish Economy Minister Luis de Guindos said exceptional demand for a new Spanish 10-year bond Tuesday showed there was renewed confidence in the ...
Portugal cuts deficit, eyes return to debt market
Portugal's finance minister says his government's budget deficit likely fell below the target of 5 percent of GDP last year, reflecting successful ...
Leading candidates in Israel's election
Leading candidates in Israel's election: —Benjamin Netanyahu is expected to return to power in Tuesday's elections after nearly four years as prime ...
Germany, France seek unity on Europe
Germany and France will produce joint proposals on improving economic coordination in the European Union this spring, the countries' leaders said ...
Athens' striking subway workers defy court order
Striking subway workers in Athens defied a court order to return to their jobs and continued their protest for a sixth day on Tuesday, as ...
Pressure on Spanish PM to explain Swiss bank money
Pressure piled up Tuesday on Spanish conservative Prime Minister Mariano Rajoy, with opposition parties demanding he appear before Parliament to ...
AP Interview: UN chief wants action on climate
U.N. Secretary-General Ban Ki-moon says his top hopes for 2013 are to reach a new agreement on climate change and to urgently end the increasingly ...
Public trust in government, business leaders falls
Public trust in business, government and media leaders has fallen in the wake of financial and political scandals, according to a new global survey.
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