The risk that Britain's economy will slide into recession in the next 12 months has edged up, and this might prompt the central bank to boost its asset purchase programme again to
The outlook for developed economies remained dangerous in November despite an emerging split between Europe, ravaged by an intensifying sovereign debt crisis, and a slightly better performance in the United States. Reuters
Prime Minister Silvio Berlusconi's pledge to resign after implementing economic reforms did nothing on Wednesday to staunch a perilous collapse in market confidence in Italy. Financial markets have been clamouring for weeks
A European Union with 27 members is incapable of agreeing needed reforms and the time has come to think about forming a smaller group of nations to advance the cause before it
Drugmakers are counting the cost of the deepening euro zone crisis, with further austerity-driven price cuts expected in important European markets, including Italy and France. Growing alarm at multiple government-imposed cuts prompted
– Coalition negotiations far from over – Parties looking beyond Papademos for new PM – EU Court of Justice head tipped as possible candidate Greek political leaders will announce a new coalition government
European shares looked set to follow Asian equities higher on Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed
China's annual inflation rate fell sharply in October to 5.5% in a further pullback from July's three-year peak, giving Beijing more room to fine tune policy to help an economy feeling the
Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the firm's share price plunged
Chipmaker Nvidia Corp, rushing to stake out more territory in tablets and smartphones, said its new Tegra 3 processor delivers up to three times the graphics performance of its predecessor and uses
