Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.
A mood of austerity may be stalking Britain, but the champagne is still flowing at Buckingham Palace thanks to a government plan to put the queen on what might be seen as profit-related pay, reported the FT.
CNBC's Guy Johnson reports on the massive public sector strike in the United Kingdom.
CNBC's Guy Johnson reports on another European country protesting austerity reforms. Teachers and civil servants walk off the job in the U.K. to protest pension changes.
An update on the latest market news and strikes in London, with CNBC's Louisa Bojesen.
The gloom which has descended on the British high street, with shop closures and well-known chains collapsing, is set to continue as consumers cut back, Mike Dennis, senior consumer analyst at MF Global, told CNBC Thursday.
Around 750,000 British teachers, civil servants, border agents and other public sector workers went on strike on Thursday after negotiations with the government failed to come to a resolution over proposed pension reforms.
As the quarter winds down, the temperature on Wall Street has warmed up quickly for stocks while investors chill on Treasurys.
While Greece is front and center for markets this week, some traders are watching the rally in tech with interest.
Lloyds Banking Group’s exposure to the riskiest kind of mortgages is more than double that of any of its top five rivals in what is potentially a ticking time bomb for Britain’s largest high-street lender, the FT reports.
The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.
After a volatile session on Thursday as the International Energy Agency unveiled plans to release strategic reserves in a bid to push oil prices lower, stocks look set for a strong end to the week.
The New York Times considers the possibility that a firm or group of firms insured billions of dollars of European debt through derivatives.
Minutes from the last meeting of the BoE’s monetary policy committee showed that despite two members wanting to hike rates, others are considering another round of quantitative easing.
With persistent uncertainty over the Greek government's policies and over the EU's ability to agree on a solution, the euro should be on shaky ground, according to some analysts.
Greece's parliament gave Prime Minister Papandreou a midnight vote of confidence, but the move doesn't mean Greece will ultimately go along with the austerity plan, or even avoid default.
Greece's parliament is expected to give Prime Minister George Papandreou a midnight vote of confidence, but the move doesn't mean Greece will ultimately go along with the austerity plan, or even avoid default.
Greece’s parliament square, Syntagma square, has been the center stage for protests against the country’s harsh austerity measures since spring 2010, when the first EU/IMF bailout package was signed.
With markets and political analysts beginning to say that a Greek default is unavoidable, continuing to delay the inevitable may be the best bet to avoid contagion into other Southern European countries, according to some market observers.
Donald Trump’s controversial plans for a golf course worth 750 million pounds ($1.2 billion) in Scotland may be held up by the financial crisis, according to his latest statements reported by the British media.