Greece's austerity programme is sustainable only if investment and economic growth in the country can be stimulated, Prime Minister George Papandreou was quoted on Monday as saying. Papandreou told Handelsblatt newspaper that
Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments
The yuan has risen strongly against the euro and this appreciation will harm Chinese exporters, a Commerce Ministry official said on Monday. Pegged to a rising dollar, the yuan has appreciated against
British bank Standard Chartered is replacing the Blackberry, currently its standard corporate communication device, with the iPhone, a move that could eventually result in thousands of its bankers switching to the Apple
Sales at U.S. retailers rose more than expected in April, raising cautious optimism that a recent bounce in consumer spending can be sustained. Total retail sales rose 0.4 percent following an upwardly
Copper slipped on Friday, as euro zone sovereign debt worries and a firm dollar dragged industrial metals lower, while concerns of possible fiscal tightening by number one metals consumer China added to
Cyprus must cut back on its spending to save 175 million euros this year in a bid to contain its public deficit at 6.0 percent, the island's finance minister, Charilaos Stavrakis said
The condemned man has been given a reprieve, allowing him to focus again on the prison walls around him — or at least that is how it must feel to many investors.
Gold hit record highs near $1,250 an ounce in Europe on Friday as investors bought the metal to protect against sovereign risk in the euro zone and instability in the foreign exchange
Beijing could have another window of opportunity over the next few days to make its long-awaited move on the yuan, in the wake of strong Chinese data and ahead of a Sino-U.S.
