Britain's Financial Services Authority (FSA) secured its biggest proceeds-of-crime haul on Monday when it was granted permission to confiscate 1.5 million pounds ($2.35 million) from a former Dresdner Kleinwort banker and his
When Angela Merkel backed Mario Draghi to become president of the European Central Bank in May last year, many in Europe assumed it was with resignation, a setback for her and Germany.
Nokia will bring Zynga's global hit games, Draw Something and Zynga Poker, to Nokia Asha Touch devices in Q3 2012 as part of their partnership announced earlier this summer. Asha Touch users
Asian shares inched lower on Monday, taking a break from recent gains when investor risk appetite had risen on hopes that Europe's policymakers will take decisive steps to tackle the euro zone's
Common supervision of European banks, possibly by the European Central Bank, would help restore confidence and protect the financial system, ECB Governing Council member Panicos Demetriades was quoted on Sunday as saying.
Greece will not leave the euro zone unless the country "totally refuses" to fulfil any of its reform targets, the head of the Eurogroup said on Saturday, as Germany insisted the crisis-stricken
Germany's economy is likely to slow due to weak growth in its main export partners, but it will not deteriorate sharply, ZEW economist Christian Dick said on Tuesday, after a survey by
Romania pulled itself out of recession in 2012's second quarter but the Hungarian and Czech economies contracted further as their powerhouse industrial sectors fell victim to a euro zone crisis that has
Greece stepped up its T-bill issuance on Tuesday, raising 4.06 billion euros to cover a government bond redemption later this month and refinance a maturing three-month issue as it awaits a delayed
Weak Japanese economic data on Monday added to evidence the global economy is slowing, but stocks and currencies moved within narrow ranges as investors awaited the next steps by the world's major
