Equity markets had their best week for some months last week, with the S&P 500 gaining close to 10%, note Barclays Wealth analysts. The return of risk appetite was spurred by a
Iraq plans to tender for a 1,000 megawatt power plant worth about $1 billion, a senior electricity official said, part of efforts to plug a power shortage that has crippled reconstruction after
The European Union should spend more on stimulating the economy if it can, European Commission President Jose Manuel Barroso said on Wednesday, but he stressed that carrying out already agreed measures was
The latest British jobs numbers are very bad and could get worse still, Bank of England policymaker David Blanchflower told Reuters on Wednesday. Earlier, official figures showed the number of people out
World share prices firmed on Wednesday, while European government debt fell as rising financial stocks and forecast-beating U.S. housing data prompted more optimism among investors after the last week's rally. But the
Revenue from tourism arrivals fell sharply in February but not as fast as the decrease in arrivals. According to the results of the Passenger Survey, revenue from tourism fell by 10.8% to
The dollar edged up against the euro on Wednesday in cautious trade ahead of a U.S. interest rate decision, while sterling hit a 7-week low against the euro ahead of key UK
The Internal Revenue Service issued new rules on Tuesday that would allow victims of Ponzi schemes like the one run by Bernard Madoff to recoup some money by claiming theft losses on
Scenarios being considered U.S. lawmakers are proposing various options to try to recoup millions of dollars in bonuses paid to executives of insurer American International Group Inc <AIG.N> after it got billions
By Lisa Baertlein Ron Barnard is throwing in the towel. Like a growing number of the 8.3 million American homeowners who owe more on mortgages than their homes are worth, he's ready
