Prime Minister David Cameron tried to limit the political damage from an historic break with his European partners, insisting on Monday that remaining a member of the 27-nation EU was in Britain's national interest, despite his veto on a new treaty.
Gold prices tumbled to a six-week low Monday as bank selling and a skyrocketing dollar offset support from central bank buying.
Self-expression is the crux of individuality, and in this city, in this day and age, when everyone's looking for a way to set themselves apart, individuality is often the root of success. Perched on the 4th floor of an East Village office building, sitting in a glass-cased conference room, looking out onto Cooper Square, I begin to understand what Justin Stefano, 32, and Philippe von Borries, 33, best friends and co-founders of Refinery 29, had discerned long before anyone else: It was early ...
European shares posted their biggest fall in three weeks on Monday, as investors worried the measures outlined at last week's EU summit to strengthen budget discipline would be of only limited value in resolving the Eurozone debt crisis.
Euro zone borrowing costs dipped at sales of short-term debt on Monday but Italian yields stayed close to record highs as investors viewed measures agreed at an EU summit to tackle the debt crisis were not bold enough.
Sarkozy maintained that Britain will remain an integral part of the EU
Prime Minister David Cameron can expect a hero's welcome from his Conservative party but faces a backlash from Liberal Democrat allies on Monday when he explains a European Union veto that has cast Britain adrift from its continental partners.
Christmas markets attract millions of tourists every year. Looking for the best market to visit in 2011? Here are the top ten Christmas markets.
Precious metals assets tumbled Monday on doubts that last week's Eurozone restructuring plan addresses immediate threats of dollar liquidity, bank defaults and national bankruptcies.
Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week's EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis.
European shares retreated on Monday as enthusiasm faded over a European Union deal on greater fiscal integration, with the market unconvinced that the EU has done enough to provide immediate relief to the Eurozone's indebted countries.
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But skepticism crept in as investors are unconvinced apparently that the Eurozone has solved its problems and finally has it right in the attempt to solve Europe's sovereign debt crisis. Credit rating agency Moody's summed it up best in a weekly credit report, perhaps, saying last week's summit and plan offers few new measures.
Gold prices dropped 1.8 percent Monday as the dollar rose on disappointment with last week's Eurozone summit and key price support for gold failed.
People across the globe are increasingly concerned about unemployment according to a survey conducted by BBC World Service.
Germany's largest utility E.On has recruited Goldman Sachs to run a sale of its gas distribution network in a move that could raise up to 2.5 billion euros to help pay down its debts, the Financial Times reported on Sunday.
The International Trade Commission this week is expected to determine if Taiwan's HTC infringed upon Apple's smartphone patents. Isn't there a more sensible way to manage the IP wars?
Following Google’s recent announcement that Android Market has reached an important milestone - 10 billion downloads per month – the Internet search engine giant also released a detailed infographic that showed how the world is being driven forward by Google power.
It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with European Union founding members France and Germany and committed to binding their economies ever more tightly.
The European Union definitely will not impose sanctions on Iran's oil exports because the measure would harm the global crude market, Oil Minister Rostam Qasemi said Sunday.
German loss-making airline Air Berlin
aims to trim costs by up to 250 million euros (£213.6 million) per year, a German magazine reported, which would be one fourth above its official savings target for 2012 of 200 million euros.Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France in the cockpit and Britain on the sidelines.
