European leaders will try to bridge deep differences over plans for a banking union at a summit on Thursday but no substantial decisions are expected, reviving concerns about complacency in tackling the
European Union countries are considering creating a body inside the European Central Bank to find a legally watertight way to involve states outside the euro zone in a banking union, officials said
Cyprus said on Wednesday it expected talks to start with lenders on badly needed aid next week, as ratings agency Standard & Poor's pushed it deeper into junk territory, implying domestic political
The S&P 500 edged higher for its third straight day of gains on Wednesday, lifted by signs of strength in the housing market, but gains were limited by weak tech company results.
Two British parliamentary committees are due to quiz tax officials about how Starbucks was able to avoid paying tax on 1.2 billion pounds ($1.93 billion) of sales since 2009. Lawmakers said a
Groundbreaking on new U.S. homes surged in September to its fastest pace in more than four years, a sign the housing sector's budding recovery is gaining traction and supporting the wider economic
French bank Credit Agricole will take a 2 billion euro ($2.6 billion) loss on the sale of its ailing Greek lender Emporiki, closing the final chapter in its dismal investment in the
The frontrunner to win Cyprus's presidential election said on Wednesday he would form a coalition government focused on investment-oriented growth and job creation on the island, battered by exposure to debt-crippled Greece.
Astronomers have found a new planet, the closest yet outside our solar system and just an astronomical stone's throw away at four light years. Researchers say it is too close to its
The euro touched a one-month high against the dollar and European shares extended the week's gains on Wednesday after Spain clung on to its investment-grade debt rating. The decision by ratings agency
