The outcome of the February 9 referendum, where a narrow majority of Swiss voters supported an initiative aiming to impose quotas limiting immigration into Switzerland is credit negative for the Swiss sovereign
A mission of international lenders will return to Greece later this week to review progress made in delivering on the country's reforms that are key for further loans, the chairman of eurozone
European Commission President José Manuel Barroso said states breaking away from existing EU countries would struggle to gain EU membership, further complicating Scottish nationalists' already uncertain plans for independence. Barroso said in
London's financial services centre would lose access to the wider European Union should Britain quit the bloc, the EU's justice chief said yesterday, warning that such a move would reduce its status
The week ahead once again looks to be busy with important jobs and CPI data announcements for the major economies that are expected to generate market volatility. The threat of global disinflation
Matteo Renzi outlined an ambitious plan for Italy on Monday as he was appointed the country's new prime minister, vowing to urgently pursue far-reaching financial and political reforms in his first few
A co-pilot on an Ethiopian Airlines flight bound for Rome hijacked the airliner early Monday morning and flew it to Geneva, Switzerland, looking for asylum. The man, an Ethiopian in his early
Cyprus bitcoin worries “are reasonable” says Neo & Bee Central bank warns over Bitcoin risks (UPDATE) The Central Bank of Cyprus has issued its second warning in two months over risks related
Lufthansa Cargo is filling its freighters with flowers these days to ensure that millions of red roses will be available on time for Valentine’s Day on Friday. In total, Europe’s leading cargo
Sotheby’s contemporary art evening auction on Wednesday totalled £88 mln ($144.6 mln) with Gerhard Richter’s cherished work ‘Wall’ selling for £17.4 mln ($28.7 mln). According to Sotheby’s, a new auction record was
