JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
Standard & Poor's downgraded the credit ratings of nine Eurozone governments on Friday, an unprecedented relegation that included France and Austria but spared Germany.
Standard & Poor's carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings in a move that may complicate efforts to solve a two-year old European debt crisis.
Just when you thought you knew all the unknown destinations for travel in 2012, we remind you of the unknown unknowns…
W.J. Deutsch & Sons, Ltd. has worked with a variety of foreign companies in the past three decades, growing with the globalization of drinks.
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.
At German car parts maker ixetic GmbH, Dragan Knezevic is struggling to keep up: His job as foreman is to make sure there are no hold ups in assembly of the parts needed to keep Audis, VWs, Toyotas and the like on the road.
If the first week in January 2012 tells us anything about the investment year ahead, it's to be skeptical about black and white thinking.
Jan 9 - The Securities and Exchange Commission has urged banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings Ltd .
The Securities and Exchange Commission wants American banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings.
The head of Europe's bailout fund was reported on Sunday as saying he wants to boost state guarantees on the fund's bonds, although a fund official said no changes had been made to an original plan.
Italy plans gradual liberalizations in sectors ranging from energy to professional services to revive its ailing economy, the country's industry minister said on Sunday, ahead of meetings with European partners to discuss ways to stem the debt crisis.
Italy plans gradual liberalizations in sectors ranging from energy to professional services to revive its ailing economy, the industry minister said on Sunday, ahead of meetings with European partners to discuss ways to stem the debt crisis.
Investors are about to find out if the economic woes in Europe are going to deliver a deep wound to U.S. company earnings instead of the mere scratch that many expect.
Concern about the appetite for Eurozone sovereign debt pushed European stocks lower and hit the single currency on Thursday, with the first French bond auction of 2012 set to test how much progress policymakers have made in easing tensions.
Concern about the appetite for euro zone sovereign debt pushed European stocks lower and hit the single currency on Thursday, with the first French bond auction of 2012 set to test how much progress policymakers have made in easing tensions.
Nerves ahead of a German debt auction helped put European stock markets in negative territory early on Wednesday and halted a surge for the euro after its biggest one-day gain in nearly two months.
Policymakers marked the 10th anniversary Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis.
The Indian economy and the stock markets for the whole of 2011 was bad. One has to forget 2011 and gear up for a challenging new year 2012.
Italian Prime Minister Mario Monti sought reinforcement for the euro zone's bailout fund and pledged new efforts to boost the economy after a disappointing bond auction on Thursday underlined the threat to the country's shaky public finances.
You can’t blame Americans for wanting to drop investing in U.S. stocks like a bad habit as the new year begins. Is the Dow’s recent rise above 12,000 a buy signal or another false rally?
IBM, the No. 2 U.S. computer services provider, inked a 10-year services contract with Spain’s biggest savings bank, La Caixa, valued at 2 billion Euros (US $2.6 billion).
