Volkswagen AG showed off a redesigned Beetle small car on Monday at auto shows in Shanghai, Berlin and New York.
Nokia said its sales in Germany will not be impacted by the decision of an appeals court on Monday to turn down its request to stay the enforcement of a local district court injunction.
Anxiety over a possible Greek debt restructuring and an outlook warning on the United States spurred safety bids for U.S. Treasury bills and pushed their rates lower on Monday.
The might euro was the best performing G10 currency in first quarter of 2011. In the past week, however, it has plunged against its G10 counterparts because of headwinds to further ECB rate hikes.
News events drive the financial markets. To trade them profitably, one needs to understand how analysts and the market react to them.
Spot Gold jumped to a new all-time high of $1489 per ounce in Asian trade Monday, edging lower as the Dollar rose on the currency market and global equities began the Easter-shortened week with a 0.5% drop.
As of April 10th, here's how the world's best golfers rank.
Following are highlights of comments by financial leaders attending the International Monetary Fund and World Bank spring meetings on Saturday.
Greece should restructure its debt soon to help rebuild its economy, former Socialist Prime Minister Costas Simitis was quoted as saying on Saturday.
Germany is urging Athens to adopt contingency plans that would foresee a voluntary, market-friendly debt restructuring should Greece fail to meet its ambitious fiscal targets, the Financial Times reported.
Leading world economies agreed on Friday to put the policies of seven major nations under a microscope as part of a plan to prevent a repeat of the global financial crisis.
The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.
The Group of 20 nations agreed on Friday on a way to measure the potential risks to the global economy posed by national economic policies as part of a plan to avoid a repeat of the 2007-2009 financial crisis.
Greece laid out plans to sell stakes in key state firms and make further budget savings on Friday but failed to quell fears of debt restructuring fanned by a German official's comments.
A Moody's downgrade and growing speculation Greece may eventually restructure its debt took the shine off Ireland's thumbs-up from the EU and the IMF Friday for its efforts to claw its way back from crisis.
Members of NATO are deeply divided over how much they want to participate in the military campaign in Libya. In fact, out of the 28 nations in the alliance, only five are actually conducting air strikes on the North African country, while 13 members (almost half) are offering no support to the mission at all.
Faced with its worst financial situation in over 30 years, Portugal avoided default on Friday by paying off maturing 2005 bonds.
Hosni Mubarak, the former president of Egypt, could face execution if he is convicted of charges that he ordered his security forces to kill anti-government protesters during the unrest earlier this year that eventually toppled his regime.
Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on negative, pushing the euro lower and adding to renewed pressure on the euro zone's weaker countries.
Faced with an uneven world recovery and uncertain outlook, finance leaders were hoping on Friday to flesh out a plan to build a global economy less prone to the booms and busts of recent decades.
U.S. Secretary of State Hilary Clinton has advocated that NATO uphold unity in its resolve to pressure Libyan leader Moammar Gaddafi into stepping down.
The French government has officially started enforcing a ban on the wearing of veils. The new law has enraged some Muslim groups who claim they are being “stigmatized,” while supporters of the ban say it is needed to better integrate foreign immigrants into the broader society.
