GO
Loading...

Enter multiple symbols separated by commas

G7

More

  • *U.S. expected to press Europe to reach deal on Greece. DRESDEN, Germany, May 27- G7 ministers and central bank heads convened on Wednesday to discuss how to revive global growth and China's increasing clout, while keeping a close eye on the protracted talks to avoid a Greek default. The United States is likely to use the talks, running through to Friday, to press Europe...

  • UPDATE 2-U.S. urges EU, IMF to be flexible with Greece Wednesday, 27 May 2015 | 12:27 PM ET

    Treasury Secretary Jack Lew issued the warning on Wednesday in a stopover in London on his way to a meeting of Group of Seven finance ministers in Dresden, Germany. Finance ministers from the United States, Japan, Germany, France, Italy, Britain and Canada are meeting in Dresden on Thursday and Friday, and although Greece is not formally on the agenda, it will be...

  • DRESDEN, Germany— Top finance officials from the Group of Seven wealthy democracies are gathering in Germany this week to discuss ways to strengthen the global economy. U.S. officials are pressing countries such as Germany that have strong finances to invest more to stimulate their economies. The Group of Seven, or G-7, meets against the background of a...

  • LONDON, May 27- The United States urged European negotiators not to miscalculate as they try to negotiate a debt deal with Greece's cash-strapped government, because the cost of a Greek exit from the euro zone was impossible to predict exactly. Treasury Secretary Jack Lew issued the warning on Wednesday in a stopover in London on his way to a meeting of Group of...

  • *U.S. expected to press Europe to reach deal on Greece. DRESDEN, Germany, May 27- Little more than a gentlemen's club in recent years, G7 finance ministers and central bankers have their work cut out this week to revive stuttering global growth and defuse tensions over China's growing economic clout. The United States is likely to use the talks, beginning late on...

  • G7 finance chiefs meet with growth problem to fix Wednesday, 27 May 2015 | 4:47 AM ET

    U.S. expected to press Europe to reach deal on Greece. The United States is likely to use the talks, beginning late on Wednesday and running through to Friday, as an opportunity to press Europe to reach a funding-for-reforms deal with Greece, an official close to the discussions said. Hosts Germany have given the meeting in Dresden the heading "Towards a Dynamic...

  • TOKYO/ SAPPORO, Japan, May 27- Japanese policymakers on Wednesday offered mild but harmonised verbal warnings against excess currency turbulence, cautioning markets against pushing the yen down too rapidly. "In general, excessive exchange-rate volatility is undesirable," Kyodo news agency quoted Finance Minister Taro Aso as telling reporters before...

  • May 26- China must press ahead with currency liberalization plans for the yuan to join the International Monetary Fund's reference basket of currencies, a senior U.S. In a call to preview discussions among Group of Seven nations in Germany this week, the official said the United States would emphasize the need to find a pragmatic solution for Greece and urge all...

  • May 26- China's currency liberalization plans are welcome and will be needed before the yuan is able to join the International Monetary Fund's reference basket of currencies, a senior U.S. Treasury official said on Tuesday. In a call to preview discussions among Group of Seven nations in Germany, the official said the United States encouraged China to continue...

  • "With the negotiations between Greece and the rest of the euro area at an impasse, an impatient German Chancellor Merkel has warned that an agreement must be reached before the end of the month," said Thomas Costerg, senior economist at Standard Chartered. Greece cannot make a payment to the International Monetary Fund due on June 5 unless foreign lenders...

  • Bayer CEO sees multinational state aid for antibiotics Friday, 22 May 2015 | 12:00 PM ET

    One country alone can't shoulder it, "CEO Marijn Dekkers told Germany's Der Spiegel magazine, according to an excerpt of an interview provided to Reuters on Friday. The funds were expected to be pledged during the June summit of the Group of Seven wealthy nations in Germany, he was quoted as saying. Germany's health ministry has said Berlin would seek to address...

  • *G7 ministers to discuss Greece, yuan, growth, bubbles. BERLIN, May 21- German Finance Minister Wolfgang Schaeuble has told Reuters the Greek government's optimism about clinching a cash-for-reforms deal with its lenders within days is not backed up by the negotiations, and he cannot rule out Greece becoming insolvent. But Schaeuble said reports from the...

  • *Germany hosts G7 summit on June 7-8. BERLIN, May 19- Germany's clean energy drive earned it a reputation as a green leader but a domestic row over coal has highlighted the challenge of balancing economic and environmental demands and threatens its ability to lead by example. Angela Merkel, once dubbed the "climate chancellor," hopes to encourage the Group of Seven...

  • The first quarter is typically the strongest period of the year for investment bank income, and revenues for the top firms in the three months is likely to be up 7 percent from a year ago, analysts at JPMorgan said this week. FX volatility is up 30 percent in G7 currencies and volumes with it, and higher rates volatility is leading to higher trading volumes and...

  • *Ukraine parliament has okayed IMF-backed budget changes. *G7 powers see IMF board approving Ukraine bailout. IMF chief Christine Lagarde cautioned that what she called the "huge distraction" of fighting against pro-Russian rebels in eastern Ukraine complicated the provision of aid, but she was in no doubt that Kiev was now "really determined to reform."

  • BERLIN, March 4- Finance ministers from the Group of Seven leading economies praised Ukraine's new draft budget and economic reform package on Wednesday and said it should put the country on track for support from the International Monetary Fund. "This legislation makes significant progress toward implementing the prior actions on a new economic reform...

  • *UK has heaviest household debt burden of any G7 economy. *Record-low rates have shielded borrowers until now. LONDON, Dec 8- Britons who have relied on years of record-low interest rates to manage hefty mortgages are looking nervously ahead to 2015, when the Bank of England finally looks set to start raising rates.

  • *UK has heaviest household debt burden of any G7 economy. *Record-low rates have shielded borrowers until now. LONDON, Dec 8- Britons who have relied on years of record-low interest rates to manage hefty mortgages are looking nervously ahead to 2015, when the Bank of England finally looks set to start raising rates.

  • Iran: A promising market?   Wednesday, 19 Nov 2014 | 11:40 AM ET
    Iran: A promising market?

    Matthew Spivack, Middle East and North Africa analyst at Frontier Strategy Group, explains why Iran is a promising market to enter.

  • G-7 leaders warn of further costs to Russia   Wednesday, 30 Jul 2014 | 2:30 PM ET
    G-7 leaders warn of further costs to Russia

    The G-7 leaders say they are ready to further intensify sanctions against Russia if they do not deescalate in regards to Ukraine, reports CNBC's Steve Liesman.