Some banks' credit ratings will be cut as governments make it easier to wind up failing lenders and force debtholders to pay for rescues, rating agency Moody's said on Monday.
Deutsche Boerse risks ceding control to NYSE Euronext , a supervisory board member at the German exchange said on Monday.
Deutsche Boerse and NYSE Euronext have an agreement in principle on the broad outlines of a merger, but are side-stepping thorny political issues, two sources familiar with the plan said.
Rumors and speculation are swirling regarding the whereabouts and health of deposed Egyptian ruler Hosni Mubarak.
France played down hopes on Monday of clinching a deal at a meeting of G20 finance ministers this week that would push forward efforts to deal with global economic imbalances, although it said that remained its goal.
Deutsche Boerse risks ceding control to NYSE Euronext , a supervisory board member at the German exchange said on Monday.
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
Legendary Brazilian striker and World Cup-winner Ronaldo announced his retirement from football in an emotional press conference on Monday.
Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.
Boeing Co rolled out a new jumbo jet on Sunday, hoping to relive the glamour of the birth of the 747 over 40 years ago and use it to boost slow sales.
The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
The German government may need a two-thirds majority in parliament to approve any deal on the new permanent rescue mechanism for the euro zone, meaning it will need opposition support for any compromise, Der Spiegel magazine reported on Saturday.
Following Octopus Paul’s fame during the World Cup, Germany is now counting on opossum Heidi to bring the city of Leipzig and Leipzig Zoo in world tourism spotlight, thanks to Hollywood that has recruited Heidi to predict winners of the Academy Awards this year.
Merging the iconic New York Stock Exchange with Germany's Deutsche Boerse AG will force European companies to switch to using U.S. accounting rules which have superior disclosures, Mayor Michael Bloomberg said on Friday.
A furious wave of protest finally swept Egypt's President Hosni Mubarak from power on Friday after 30 years of one-man rule, sparking jubilation on the streets and sending a warning to autocrats across the Arab world and beyond.
Margin compression is a nasty thing in business. According to government data, this is precisely what UK manufacturers are facing.
Consumer prices in Germany fell more than estimated in January, as demand declined due to seasonal factors.
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.
New York Mayor Michael Bloomberg said on Thursday he supports advanced talks that would place the iconic New York Stock Exchange into the hands of Germany's Deutsche Boerse AG.
A German takeover of the New York Stock Exchange, the citadel of American capitalism, would have shocked its floor traders in years gone by. But not now.
A strike by employees of Pakistan’s national airline carrier has severely disrupted air travel in the country and stranded thousands of travelers around the world.