Yahoo Inc named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the
High crude prices will continue into 2012, but natural gas prices will continue to languish for the year, Moody's said in its annual look ahead across the oil and natural gas industry.
Brent crude rose Wednesday, touching a seven-week high after the European Union reached a preliminary agreement to ban imports of Iranian crude, escalating tensions in the West's standoff with Tehran that has
France's third-biggest bank Credit Agricole injected about 2.0 billion euros ($2.6 billion) into its Greek unit Emporiki Bank, covering its capital increase, the Greek lender said on Wednesday. Emporiki was delisted from
Asian stocks rose on Wednesday as investor risk appetite returned after upbeat U.S. and European economic data improved the global growth outlook, but the euro's gains were short-lived due to deep-set worries
– MPs get 11,283 euros a month before tax – Free train, air travel among allowances – French, German MPs get more allowances Italy's parliamentarians are among the best paid in Europe
Investors scooped up the euro and global stocks on Tuesday as better-than-expected economic data in the United States, Europe and China whetted risk appetite, while tensions in the Middle East between Iran
Greece, increasingly dependent on imports of Iranian oil, will not break ranks with its European Union partners should they impose an oil embargo on the Islamic Republic at a meeting this month,
Greece faces an exit from Europe's common currency bloc unless it clinches a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday. "The
Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday. Computer hackers published details of thousands
