Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours, accusing the bank of failing to establish necessary controls to prevent tax evasion and money laundering.» Read More
U.S. military and national security advisers huddled with President Barack Obama at the White House on Saturday to consider options for responding to the alleged use of chemical weapons by the Syrian government this week.
Central banks in Europe, the United States and Japan have no need to rush to exit the ultra-easy monetary policies they have put in place to spur growth, IMF Managing Director Christine Lagarde said.
European shares closed higher on Friday, as growth data from the U.K. pushed the FTSE 100 higher.
Consumer morale in the euro zone jumped to its highest level in two years in August, the European Commission said on Friday, adding to encouraging signs that the bloc has started to recover.
A housing crash, rising unemployment and weak growth leaves the AAA-rated Netherlands teetering on the brink of a credit downgrade. But analysts said more is at risk than the country's perfect credit rating.
Britain's economy grew faster than expected in the second quarter, benefiting from a broad-based pick-up in activity that looked to have put the country's recovery on a firmer footing.
Relations between the partners in Italy's coalition government seemed close to breaking point on Thursday over whether to evict Silvio Berlusconi from parliament over a tax fraud conviction.
The need for a new rescue program for Greece promises a drawn-out drama of late-night negotiations but is unlikely to trigger the sort of crisis that has threatened the breakup of the euro.
European shares closed higher on Thursday, rebounding after several days of losses, as upbeat data from Europe and China offset negative sentiment in global markets on Fed "tapering" fears
French soccer club PSG saw sales of its official replica shirts soar by over 60 percent in the 2012-2013 season, a feat largely attributable to David Beckham.
Societe Generale joined a growing chorus of banks growing increasingly bullish on European equities at the expense of U.S, Japanese and emerging market stocks, and forecast a net $100 billion could soon flow back into the struggling continent.
The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies.
"My concern about the second half is that the economy isn't building the kind of momentum that everybody thought," Wien said.
European shares closed down on Wednesday, as investors looked ahead to the release of minutes from the Federal Reserve's July policy meeting.
A senior Chinese official put pressure on around 30 foreign firms to confess to any antitrust violations and warned them against using external lawyers to fight accusations from regulators, sources said.
France is under pressure from Brussels and its euro zone neighbors to deliver budget and pension system reforms, in the nation's latest test to show it can become more competitive.
The widespread culture of long working hours for banking interns has been criticized after the death of a 21-year-old intern last week, with groups calling for changes to guidelines and working practices.
Denmark's Vestas has dismissed Chief Executive Ditlev Engel, who has come under increasing pressure after several profit warnings bruised investor confidence in the company.
Large firms in Europe are losing over 130,000 jobs each year in IT, finance and other areas, as jobs are increasingly offshored to cheaper locations, according to new report.