European shares fell on Friday after sources said credit rating agency Standard & Poor's was set to go through with a long-mooted downgrade of several eurozone countries, weighing on sentiment for riskier assets such as equities.
These days, everyone in commerce and finance circles seems to complain about the dollar, but few institutional investors want to part with them.
German Chancellor Angela Merkel will gather the leaders of Austria, Sweden and Portugal next Thursday in a bid to broaden consultations on key European Union issues after criticism about Germany and France making too many big decisions themselves.
Asian shares rose to a one-month high and the euro clung near its strongest in a week Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand for Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
During his Latin American trip this week Iran's President Mahmoud Ahmadinejad met with former Cuba leader Fidel Castro.
It is also unknown why it took Ankara more than three years to file the charges.
The FDA announced Wednesday that it would temporarily halt all imports of foreign orange juice because of fears of carbendazim traces found in oranges, especially those from Brazil. But what exactly is carbendazim?
The European Central Bank's flood of cheap three-year money is helping the euro zone's banking system substantially and supporting confidence in the bloc's economy which is showing some signs of stabilization, its president said on Thursday.
Nobody, not the EU, the IMF nor the markets had any concerns about the Irish fiscal position prior to 2008.
Spain and Italy spread cheer through euro zone markets on Thursday with successful debt auctions at sharply lower borrowing costs in 2012's first real test of appetite for debt from the Eurozone's bruised periphery.
The Food and Drug Administration announced Wednesday that it would temporarily halt all imports of foreign orange juice because of fears of carbendazim traces found in oranges, especially those from Brazil. The import ban will last until the FDA has finished conducting a thorough investigation of carbendazim levels.
A day after re-affirming its top sovereign credit rating on Austrian government bonds, a research arm of respected French credit rating agency Fitch has issued a report noting the rapidly deteriorating level of confidence investors in the derivatives market are displaying towards that country's debt.
Almost one-third of Iran’s oil exports go to China. Or, put another way, 11 percent of Chinese oil imports comes from Iran.
The European Central Bank should ramp up its buying of troubled euro zone debt to support Italy and prevent a cataclysmic collapse of the euro, David Riley, the head of sovereign ratings for Fitch, said on Wednesday.
European Union regulators have preliminarily rejected the proposed $17 billion tie-up of NYSE Euronext (NYX) and Deutsche Boerse (DBOEF), the Wall Street Journal reported, citing a senior European Union official.
An Iranian nuclear scientist and his driver were killed in a car bombing in Tehran on Wednesday. Iran is already blaming the U.S. and Israel for the attack.
A new EU fiscal treaty is set to include an escape clause that allows the suspension of a balanced-budget rule during a period of economic downturn or other exceptional event, according to a draft of the document obtained by Reuters on Wednesday.
One of the driving forces causing this decoupling to occur has been a growing string of strong economic data in the U.S.
In Greece a blind and unemployed person receives 700 euros ($896) in monthly disability.
Oil rose to around $113 a barrel on Tuesday as tension over Iran's nuclear program and unrest in Nigeria outweighed persistent concerns about the strength of Europe's economy.
Chinese exports and imports registered weaker growth in December than in November, signaling economic growth in the world's second largest economy is losing steam on account of sluggish demand and a thaw in the real estate market.
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