fm

German Finance Minister Wolfgang Schaeuble hosted a news conference with ECB President Jean-Claude Trichet and IMF Managing Director Dominique Strauss-Kahn after they met German lawmakers on Wednesday. Trichet and Strauss-Kahn met the

In its annual credit report on Iceland, Moody's Investors Service said that the country's economy has stabilized somewhat following its massive banking and currency crisis, but fiscal tightening and weak investment will

Moody's Investors Service expectss a rebound in mergers and acquisitions (M&A) for the European insurance sector after a period of market fragility that had pressured the volume of M&A during 2008-2009. The

In a new special comment, Moody's Investors Service said that in the near term it will likely maintain a negative outlook for most of the banking systems in 12 countries within the

Fears that a planned rescue of Greece could stall and extend the financial crisis to other euro zone countries hit European markets on Wednesday as investors worried that Athens may default on

The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for "an extended period" while acknowledging that the U.S. economic recovery is getting

Stock index futures pointed to a flat to slightly higher open on Wall Street on Wednesday following the previous session's sell-off, which was triggered by the downgrade of Greece and Portugal credit

Microsoft Corp said on Tuesday it struck a licensing deal with phone handset maker HTC Corp, under which it will get royalty payments on HTC phones running Google Inc's Android operating system.