The European Commission will propose far-reaching powers for regulators to deal with failing banks on Wednesday, a step towards the banking union the European Central Bank has demanded to secure the euro's
World stocks edged higher on Tuesday after data showed the U.S. services sector grew at a slightly faster pace in May, but the euro zone crisis appeared to be escalating as Spain said
European shares advanced on Tuesday after a choppy, nervous session as investors tentatively bought into beaten-down shares on hopes for global central bank policy action to revive the economic recovery. The Euro
Apple Inc is facing delays in renewing its request that a U.S. judge ban Samsung Electronics' Galaxy 10.1 tablets, a key battleground in the worldwide patent wars between the technology giants. Apple
Walt Disney Co, owner of the ABC broadcast network and a suite of cable channels, will stop accepting some junk-food ads on TV programs, radio shows and websites aimed at children, according
Asian shares, the euro and commodities rebounded on Tuesday, with stocks holding a touch above 2012 lows, as investors looked to European policymakers and the wider G7 to take decisive action to
Asian shares, the euro and commodities rebounded on Tuesday, with stocks holding a touch above 2012 lows, as investors looked to European policymakers and the wider G7 to take decisive action to
Finance chiefs of the Group of Seven leading industrialised powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about the threat
Oil fell to a 16-month low below $98 per barrel on Friday as weak U.S. jobs data, poor manufacturing data from China and a spiralling euro zone debt crisis deepened worries over
The decision by trade insurers this week to stop covering exporters shipping to Greece could have "alarming" consequences, exacerbating shortages and pushing up prices for consumers, the country's retail federation said on
