EU Commission proposals go beyond international guidelines. BRUSSELS, Feb 12- New rules to tackle multinationals' tax avoidance should not go beyond the scope of international guidelines, European Union finance ministers said on Friday, raising concerns about some of the proposals made by the European Commission in January. To reduce corporations' tax...» Read More
In late 2006, the German engineering giant Siemens, one of world’s largest companies, was engulfed in a corruption scandal.
European stocks looked set to continue the strong performance of the previous session at the open Thursday as commodities regained strength and boosted the major indexes.
Will the euro zone survive in its current form? Martin Wolf addresses this question by considering three more issues in the Financial Times.
European stock index futures pointed to a lower open on Wednesday, with stocks poised to halt a week-long rally, mirroring a mixed session on Wall Street.
Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday.
The baby boomers will retire earlier and live longer, draining young people's income with their final salary pension schemes - something youth will find impossible to attain.
European stocks were seen rising on Tuesday, lifted by U.S. President Barack Obama's compromise deal to extend all Bush-era tax cuts for two years.
Europe’s leaders face fresh splits over how to tackle the euro zone’s escalating crisis after being urged to create a vast market for joint European government bonds. The FT reports.
European shares are seen opening little changed Friday after Thursday's strong gains, with investors waiting for widely-watched US nonfarm payrolls data for near-term market direction.
Ireland’s banks are among the most exposed to some of the other weaker euro zone nations, in spite of the industry’s tiny network of foreign operations. The FT reports.
As young people who've suffered directly from long-term unemployment, we're sure of one thing: youth joblessness is a massive challenge—but one that can be overcome through innovation.
Heavy snow and subzero temperatures swept across Europe, killing at least eight homeless people in Poland, closing major airports in Britain and Switzerland and causing hundreds of highway accidents.
Fear of political instability and corruption allegations have kept many investors away from Russia, but now could be the time to take advantage of the emerging market as Europe is in the grip of a debt crisis and valuations are cheap, Roland Nash, chief strategist at Renaissance Capital, told CNBC Wednesday.
European stock index futures pointed to a rebound for equities on Wednesday, with better-than-expected Chinese manufacturing data helping to bolster positive sentiment.
Stocks struggled to end in positive territory but ended down as sovereign debt concerns in the euro zone kept a check on gains throughout the session. News that the Obama administration will work with Republicans on the tax dispute gave a brief lift to stocks. BofA and Procter & Gamble fell.
Stocks lost ground in the final minutes of trading after moving higher in the wake of news that the Obama administration will work with Republicans on the tax dispute. Rising worries over sovereign debt concerns in the euro zone kept a check on gains throughout the session. BofA and Procter & Gamble fell.
Gold isn't serving as a hedge against inflation, as traditionally has been the case. Instead, as investment guru Dennis Gartman points out, investors see gold as "a hedge against monetary uncertainty."
Stocks continued to decline Tuesday amid mixed U.S. economic data and concern the European debt crisis would spread to other nations. JPMorgan and Pfizer fell.
Even as Europe struggles to contain its latest debt crisis, fresh fissures are emerging that show the euro zone diverging into two — or even three — different economic parts that threaten to compound the problems even further. The NYT reports.
The EU bailout for Irish banks failed to quell financial markets. Borrowing costs for Portugal, Spain and others continue to rise, because structural problems created by the euro and single European market remain unaddressed and more crises are inevitable.