Qatar's sovereign wealth fund is in advanced talks with Russia's second-largest bank VTB about injecting between $3 billion and $3.5 billion into the banking giant, the Telegraph reported. VTB will likely issue
A hard-won bank debt deal has been hailed by the Irish government as an historic step towards recovery, but from the unemployment-scourged ghost estates of the midlands, the feted rebound feels more
Europe's two largest economies, Germany and France, both shrunk markedly in the last three months of 2012, suggesting the euro zone has slipped deeper into recession and throwing a first quarter recovery
When the Volvo manufacturing plant shut its doors in Asheville, North Carolina, in 2010 and moved more than 200 jobs out of state, it was time for Ben Teague to go to
Sales of mobile phones around the world fell last year for the first time since 2009 as consumers shunned cheaper feature phones, research company Gartner said on Wednesday. "Tough economic conditions, shifting
The central bank of Russia, host of this week's meeting of Group of 20 finance officials in Moscow, urged joint action to achieve balanced global growth and called on nations not to
President Barack Obama's proposal to raise the minimum wage is in sync with his push to grow the economy by bolstering the middle class but it puts him at odds with many
The yen hovered near three-year lows against the dollar and the euro fell on Tuesday after the G7 nations urged countries to refrain from competitive devaluations and a U.S. official backed Japan's
Iran said on Tuesday that all nuclear weapons should be destroyed, shortly after North Korea said it had conducted its third nuclear test in defiance of existing United Nations resolutions. "We think
In the centre of Cairo, young men hold up a burning flag for the cameras to show their fury at a nation they believe is meddling in their country and the wider
