The U.K. will have the highest online retail sales of any country by 2018 as a greater number of shoppers shun the High Street, forcing the closure of one in five shops over the next five years.
The Swiss government is considering a proposal to disclose bank client names and pay a multibillion-dollar fine to the United States to resolve a dispute over tax-evasion cases. The New York Times reports.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.
Apple CEO Tim Cook said that he expects the company to release "several more game changers" and hinted that wearable computers could be among them.
While banks must be "credible" and have capital buffers in place, they also must remain profitable to prevent them from taking unnecessary risk, the German central banker responsible for financial stability said.
The Bank of England's deputy governor, has accused investment banks of spending the last 20 years trying to dodge the rules.
Instability in the U.S. bond market arising from a tapering of quantitative easing (QE) poses a major threat to the outlook for the global economy, OECD warned on Wednesday.
The sell-off in U.S. Treasurys on Tuesday, which took yields to their highest levels in over a year, and record high equities have once again given rise to talk that the "great rotation" may finally be here.
Signs of strength in the U.S. economy, a stock market boom and the prospect of the U.S. becoming a net oil exporter suggest the tide may be turning for the dollar.
Why are so many people so upset with me for trying to explain the reason for the fall in gold prices? Asks this expert.
Brussels will on Wednesday give its clearest signal yet that it is moving away from a crisis response based on austerity, allowing three of the EU's five largest economies to overshoot budget deficit limits. The FT reports.
U.S. authorities said on Tuesday they have shut down a Costa Rica-based money transfer company that allegedly provided a digital currency used around the world by cyber-criminals.
Just when thousands of urbanites thought they discovered a gold mine in renting out their apartments on Airbnb, regulators and tax collectors are flexing their power.
The French central bank chief urged President Hollande and his government to stop hiking taxes and to cut government spending. His comments on Tuesday echoed ratings agency Standard & Poor's calls.
Germany's insistence on keeping wage growth in check has given the country an unfair competitive advantage and is preventing troubled countries from returning to growth, a new study argues.
Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
Juan Carlos of Spain wants to turn over his 136-foot yacht to the government "for austerity reasons." But it wasn't the government who gave it to him.
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
Credit Suisse's chairman warned that a long-running tax dispute with the United States over hidden Swiss bank accounts could easily escalate and spill over to rivals if not settled.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.