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Russia's Deputy Foreign Minister Sergei Ryabkov speaks during a news briefing in Moscow

Russia Calls for Compromise With Iran Over Nuclear Issue

In light of Iran's apparent nuclear capabilities, Russia argues that Western economic sanctions have failed and the time for negotiations is now.

The Greek Protesters May Be Right; For Now, Austerity Is Bad Economics

In country after country in Europe the so-called bitter pill approach has been wholeheartedly embraced as the only solution by both conservative and leftwing governments. Problem is, it's looking more and more likely that they're wrong: as a strategy, austerity has by and large failed.

Russia Urges 'Serious' Search for Compromise with Iran

Russia said global powers must work harder to win concessions from Iran over its nuclear program, warning that Tehran's desire for compromise is decreasing as it moves closer to being able to build atomic weapons.

UK Unemployment Stalls at Record High: Median Rate for Europe

Unemployment in Britain stayed relatively flat at the end of 2011, rising its smallest amount in nearly a year between the months of November and December. Compared to the rest of Europe, the UK is right in the middle.

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Wall Street set to open higher on China, NY Fed data

Wall Street stocks were set for a higher open on Wednesday after better-than-expected N.Y. manufacturing data and remarks reiterated China's commitment to investing in euro zone debt.

A woman stands in front of a banner displaying the stars of the European Union flag before a ceremony to mark the start of the European Union?s Lisbon reform treaty in Lisbon December 1, 2009.

Eurozone Economy Shrunk at End '11 -- Eurostate

The euro zone economy's shrunk at the end of 2011 as the sovereign debt crisis crushed a recovery and looked set to push the bloc into mild recession, but a north-south divide was evident as France grew while Italy slumped.

Traders work on the floor of the New York Stock Exchange

Stock Futures Buoyed By China Comments, Euro Zone Data

Stock index futures rose Wednesday, buoyed by comments from China's central bank chief that the country would keep investing in euro zone debt and better-than-expected data from Germany and France.

Germany Q4 GDP Shrinks 0.2 pc, France Grew 0.2 pc: Gloomy Year Awaits Eurozone

Germany, Europe’s largest economy, saw that its gross domestic product fall 0.2 percent from the third quarter even as France grew 0.2 percent in the fourth quarter.

Stock Index Futures Signal Higher Wall Street Open

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 rising 0.5 to 0.6 percent.

German Real Estate Roundup: Underpriced East, Greek Investors Seek Safety in Germany

A weekly roundup of German-language real estate news

General Motors issued fourth-quarter results Thursday.

GM Earnings Preview: Record Annual Profit, but Losses in Europe

General Motors is expected to report lower fourth-quarter earnings per share as struggling European operations of the top U.S. automaker offset strong domestic sales.

Wall Street dips as traders cash in year's winners

Stocks of financial and basic materials companies led Wall Street lower on Tuesday after rallies by those groups this year, while the retail sector hit a record even as retail sales rose less than expected last month.

Amazon to open second fulfillment center in Delaware

Amazon.Com Inc, which has been spending heavily on expansion, said it will spend more than $90 million to open a fulfillment center at Middletown in Delaware.

Wall Street falls after retail sales data disappoints

The S&P 500 index retreated on Tuesday from near a seven-month high after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.

The Euro sculpture in front of the ECB headquarters

European Economic Data Takes Glum Turn as Factory Output Falls

The 17 member nations of the euro common currency union, dragged down by the flagging economies of Greece, Portugal, Spain and Ireland, saw factory activity decrease more than expected in December, the statistical office of the European Union announced Tuesday.

Samsung Galaxy Note Review Roundup: What People Think of the 'Phone with a Pen'

Samsung Galaxy Note reviews are coming out in advance of its Feb. 19 release date. This roundup will tell you what people think of the phone with a pen.

Wall Street set for lower open after retail sales data

Wall Street was set for a lower open Tuesday after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.

Euro Rising on German Economic Data

The euro rose to a session high and shares reversed early losses after key German data bolstered hopes that Europe's largest economy was recovering and a strong Italian bond sale added to signs that financing pressures were being contained.

Stock Futures Higher After Upbeat German Data

Stock index futures edged up Tuesday after upbeat data from Germany offset ratings agency Moody's downgrade of six euro zone countries.

The Spanish flag flutters over the Colon square in central Madrid

EU to Punish Spain for Deficits, Inaction

The European Union is likely to take action against Spain's newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation told Reuters.

Exclusive: EU to punish Spain for deficits, inaction

Eurozone Output Falls, GDP Set to Contract

Output at factories in the euro zone tumbled in December, reflecting a sick European economy that probably shrank at the end of 2011 but it is hoped will recover this year.

U.S. Stocks Day Ahead: Retail Sales in Focus, Rating Cuts Dent Confidence

Futures on major U.S. stock indices pared earlier losses and point to a slightly higher opening Tuesday ahead of of economic data including retail sales.

Gold Prices Slip on Moody's Downgrades of France, U.K.

Gold prices followed crude oil and global stocks lower Tuesday after ratings firms cut the credit ratings of several European nations and banks and warned that more reductions were likely.

Moody's warns UK, France, Austria over AAA rating

Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, and it downgraded six other European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis.

Moody's cuts ratings on Italy, Portugal and Spain, Warns UK, France and Austria: Is it Time for a Reality Check?

Moody’s has cut the debt ratings of Italy, Spain and Portugal and put France, UK and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis.