U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official
The Greek parliament approved legislation late on Thursday to boost private investment, a key condition to get the crisis-struck country out of its worst-ever peacetime recession. The new investment incentive law aims
British carrier easyJet said it would nearly halve its first-half loss, helped by Easter falling earlier than a year ago and strong bookings from customers wanting to escape recent cold weather in
Asian shares hit a three-month low on Friday as concerns over bird flu in China and escalating tensions in the Korean peninsula unsettled investors as they counted down to potentially pivotal U.S.
The European Central Bank expects a gradual economic recovery later this year but will monitor incoming data very closely and is ready to cut interest rates if necessary, its president said on
President Barack Obama plans to give back 5 percent of his pay in a gesture of solidarity with government workers who must take unpaid leave as a result of deep spending cuts
The dollar rose more than 2 percent against the yen after the Bank of Japan took surprisingly strong easing steps on Thursday, while Europe's share markets softened before a European Central Bank
Pope Francis stressed the "fundamental" importance of women in the Roman Catholic Church on Wednesday, a message hailed as a significant shift from the position of his predecessor Benedict. Supporters of liberal
The European Central Bank is expected to hold interest rates on Thursday but investors will be looking for any signs it is preparing for a cut in coming months to help lift
A group of shareholders in Royal Bank of Scotland is suing the lender and four former directors for losses they claim they incurred when the bank succumbed to a state bailout in
