France has been granted extra two years to bring its budget deficit below 3% of GDP, as mandated by EU regulations. The widely expected move is the third extension France has been granted since 2009...
The President of the European Central Bank Mario Draghi pressed Greek authorities to accept the return of the troika officials back to Athens in order to examine the government's books...
The European Central Bank (ECB) has never resorted to sovereign QE at the height of the global financial crisis - unlike its U.S., U.K. and Japanese peers...
In February China's monthly trade surplus touched a record $60.6bn, as exports grew and imports slid back. The growth in exports was well ahead of analyst expectations, says BBC...
On Sunday Eurogroup chairman Jeroen Dijsselbloem said that the list of measures the country's government sent to euro region finance ministers last Friday, including the idea of hiring non-professional tax collectors such as tourists, is “far” from complete and the country probably won’t receive...
Tesla Motors Inc. announced it is eliminating positions in China after a local newspaper reported the company will reduce staff by 30 percent...
In the decade through 2013, more than 76,000 Chinese millionaires emigrated or acquired citizenship of another country amid global expansion by the nation’s companies...
Barclays bank's analysts, who examined the company's 98-page regulatory filing, found obstacles in the celebrated electric-car maker’s path which show that things are far from perfection...
Chinese telecom operator China Mobile announced that by the end of January 2015, it had reached over 100 million 4G users. The company also announced that they plan to build one million 4G base stations, develop 250 million users, and sell 200 million devices in 2015...
The British Columbia Securities Commission (BCSC) has flashed its regulatory teeth again, warning against another unauthorized binary options broker that seeks to lure investors from the Canadian province...
The U.S. online retailer Amazon.com has opened a flagship store in local competitor Alibaba Group Holding’s online marketplace, in an attempt to expand in China. Amazon has thus become Alibaba’s customer, paying a commission to the latter for each transaction...
Brazil's central bank has raised interest rates to a six-year high of 12.75% to restrain inflation. The bank said in a statement: "In assessing the macroeconomic scenario and the outlook for inflation, the Copom [the bank's monetary policy committee] decided unanimously to raise the rate by 0...
Addressing the National People's Congress (NPC), Premier Li Keqiang said China would target growth of about 7% in 2015 and pledged tighter environmental controls...
The Reserve Bank of India has lowered its policy repo rate by 25 basis points to 7.5% after making a similar cut in mid-January...
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Barclays has announced a fall in profits as it set aside more funds to cover potential fines for misconduct. The drop comes, as boss Antony Jenkins is awarded his first bonus as chief executive...
According to the new bull-case price target set Monday by Morgan Stanley, Apple Inc.’s experimentation with car technology could boost the company’s valuation beyond $1 trillion within the next 12 months from nearly $750 billion today...
According to the Markit Purchasing Managers' Index, manufacturing output in Ireland has risen to its highest level in more than 15 years. Ireland's PMI was pushed to 57.5 in February, due to accelerated growth in both new orders and production. A figure above 50 suggests expansion, says BBC...
Barclays banking group has reported a 12% rise in full-year pre-tax profits, says BBC...
