The European Union and IMF agreed on Tuesday to ease budget goals imposed on Portugal under a 78-billion-euro bailout, Finance Minister Vitor Gaspar said, giving Lisbon more time to meet the targets
U.S. and European stocks rallied, Treasuries slipped and the dollar weakened on Tuesday on expectations a German court would not interfere with a euro zone rescue plan and that the Federal Reserve
Greek trade unionists protesting against austerity measures formed a human chain to block the entrance to the Labour Ministry on Tuesday, delaying talks with Greece's foreign lenders. Dozens from the Communist-affiliated PAME
A sweeping reform of Europe's derivatives market will be rolled out over several months and not with a "big bang" in January to allow banks time to bed down the system before
Olympics mania sapped interest in betting on sports such as soccer and horse racing in recent weeks, online gambling exchange Betfair said on Tuesday, eating into revenues at the company which offers
The next generation iPhone 5, which Apple Inc. plans to release this week, could not only boost the tech giant's bottom line – but could give a significant boost to the overall
Asian shares fell on Tuesday as investors repositioned before a German Constitutional Court ruling on the euro zone's bailout funds which could remove one risk for Europe, and a U.S. Federal Reserve
British luxury brand Burberry on Tuesday warned that full-year profit would be at the lower end of market forecasts after store sales slowed in recent weeks. "As we stated in July, the
Nokia will start selling its new smartphone, potentially its last chance to break into the most profitable part of the mobile phone market and secure its future, in November, sources at
French President Francois Hollande could outline 20 bln euros in tax hikes and may lower the country's growth forecast forecast for 2013 to a maximum of 1% when he speaks on national
