Greece revealed on Wednesday that it will overshoot its deficit and debt targets again next year because of a deeper than forecast recession as euro zone finance ministers debated how to keep
British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1
As historic storm Sandy pummeled the U.S. Northeast, knocking out power and crippling transportation in New York City and beyond, the enterprising American spirit was running high – mostly for good, though
Sony Corp is likely to say it returned to an operating profit for July-September after it sold a chemicals business, but investors still aren't sure a consumer electronics revamp will deliver the
Asian shares fell on Thursday but losses were curbed as the region's factory activity surveys mostly improved, with China's official and private sector manufacturing PMIs confirming a recovery in the growth trend
Spain's "bad bank" will struggle to find buyers for swathes of empty land, unfinished housing projects and doubtful loans left over from a property crash, hindering Madrid's attempts to overcome the wider
The Greek government on Wednesday predicted worse-than-expected recession in 2013 and downgraded a rare positive note in its budget, highlighting the toll of repeated rounds of austerity. The government more than halved
Euro zone finance ministers conferred on how to keep Greece afloat as negotiations between Athens and its foreign lenders neared conclusion over reforms the country must implement to receive fresh emergency loans.
Italian police have sequestered 21 money transfer bureaux as part of an investigation into a scheme to launder billions of euros from drugs and people trafficking. The tax police said on Tuesday
The European Union will lose Turkey if it doesn't grant it membership by 2023, Turkish Prime Minister Tayyip Erdogan said on Tuesday. It was the first time Erdogan has given an indication
