MINSK, Belarus— New cracks have emerged in a Russia- led economic alliance, with the president of Belarus warning that his nation may opt out of it. Alexander Lukashenko also sternly warned Moscow Thursday that his nation of 10 million will never be part of the "Russian world," a term coined by the Kremlin that reflects its hopes to pull ex-Soviet nations closer into...» Read More
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.
European shares are set to edge higher on Monday, tracking Friday's gains on Wall Street.
Irish Finance Minister Brian Lenihan will press ahead with a plan to impose a 90 percent charge on bankers' bonuses when the budget bill is published on Friday, newspaper the Irish Independent reported.
The world is not in a state to withstand further shocks in 2011, according to a report by the WEF's Network of Global Agenda Councils.
German gross domestic product will likely rise 3 percent in 2011, according to economists at Capital Economics. But their pick for next-strongest euro-zone economy tends to fly under the radar.
European stock index futures pointed to a lower open on Thursday, with stocks poised to extend the previous session's sell-off.
Not only is the Euro making gains—this morning it's importantly broken key resistance at 1-$-35.
European shares were set to edge up on Wednesday, tracking gains on Wall Street and in Asia, on robust earnings overnight from U.S. technology firms.
"For us to expect the kind of clarity of purpose and consistency that you'd get from the US on something like this, you’re not going to get it," Jim O'Neill, Chairman of Goldman Sachs Asset Management, told CNBC.
If you argue the credit crisis was simply a case of pumping too much money into the system through cheap loans and loose fiscal policy, you might want to look away now.
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish.
European stocks were seen slightly rising on Tuesday, inching higher for a second day in a row, with global miner Rio Tinto in focus after posting record iron ore output.
While last year was full of market roiling events, 2011 will be equally chaotic because the financial crisis has not been resolved, according to Nick Beecroft, senior markets consultant at Saxo Bank.
The World Economic Forum called for its strategic partners to send more women to its summit in Davos at the end of the month, but major companies aren't playing ball with the quota, according to a published report.
World Bank President Robert Zoellick said Monday he hopes the global economy will have a sustainable recovery in 2011, but added he sees a number of dangers that could see his hopes dashed.
With the cashlevels on the balance sheets of S&P 500 companies at their highest level for 60 years, companies should start buying, Bruno Verstraete, CEO of Nautilus Invest in Zurich, said Monday.
European stocks were set to dip Friday, tracking losses on Wall Street and in Tokyo, with heavyweight resource-related shares feeling the pinch of lower commodity prices.
Swiss policymakers will hold an emergency meeting with key business groups, labor unions and representatives from the machinery, tourism and pharmaceutical sectors to discuss the Swiss franc's damaging impact on the Alpine country's economy Friday.
European shares were seen mixed on Thursday, as investors take a breather after a brisk two-day rally, bracing for further debt auctions in the euro zone as well as interest rate decisions.
Over three years of financial crisis have "drained the word’s capacity" to deal with further shocks according to the World Economic Forum’s closely-watched Global Risks Report.
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