Greece's tortuous negotiations over a debt swap with private creditors entered a new phase on Thursday with focus on how much the European Central Bank and other public creditors may need to
Bankers gathered in the Swiss mountains to discuss the state of the financial system are less worried than a year ago over the risks to the sector from the euro zone's debt
Microsoft chairman and philanthropist Bill Gates pledged a further $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives. "These are tough
* EU summit on Jan. 30 to focus on jobs and growth * Eurozone, EU on brink of recession, unemployment above 10% * No clear strategy for boosting output or jobs *
The euro held firm against the dollar, while European shares and gold moved higher on Thursday, after the U.S. Federal Reserve set out an unambiguously easier policy stance, but fears of a
The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options
Equities, commodities and the euro extended gains on Thursday after the U.S. Federal Reserve said it would keep interest rates low for a much longer-than-expected period, providing ample liquidity to help spur
Financial markets' sentiment towards the euro zone may have turned the corner, but banks will offer no more concessions in crucial talks to reduce Greece's private sector debt, BNP Paribas chairman Baudouin
Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to
Germany sold 30-year bonds at a record low yield on Wednesday, helped by safe-haven buying as growing uncertainty over Greek debt talks reminds investors the euro zone crisis could yet worsen. It
