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  • G-7 Fires Warning Shot Over Currencies Tuesday, 12 Feb 2013 | 11:33 AM ET
    A trader monitors the foreign exchange and stocks index in Tokyo.

    Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.

  • ECB'S Draghi Says Currency War Talk Exaggerated Tuesday, 12 Feb 2013 | 10:28 AM ET
    Mario Draghi, President of the European Central Bank

    European Central Bank chief Mario Draghi said exchange rates are as important for growth as for price stability.

  • Finmeccanica Head Arrested in Corruption Probe Tuesday, 12 Feb 2013 | 3:35 AM ET
    Giuseppe Orsi, chief executive officer of Finmeccanica SpA, left, and general manager Alessandro Pansa

    The head of Italian defense group Finmeccanica was arrested in a corruption probe centered on the sale of helicopters to the Indian government.

  • Betting on Who Will Be the Next Pope Monday, 11 Feb 2013 | 1:19 PM ET
    The Vatican shows the solar panels covering the roof of the Paul VI audience hall with the Basilica of Saint Peter in the background.

    The latest odds on Pope Benedict XVI's successor.

  • ECB's Weidmann Dismisses Talk of Euro Intervention Monday, 11 Feb 2013 | 11:46 AM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Discussions about an overvaluation of the euro are simply a diversion from governments' task of sorting out their economies, ECB's Weidmann said on Monday, resisting political pressure to weaken the currency.

  • Could Weak Euro Zone GDP Spell End to Austerity? Monday, 11 Feb 2013 | 8:17 AM ET

    Austerity as the solution to the euro zone's protracted debt crisis could be on the way out if another bad set of euro zone gross domestic product (GDP) numbers are released this week, according to Carl Weinberg, chief economist at High Frequency Economics.

  • Overnight Borrowing from ECB Drops to Zero Monday, 11 Feb 2013 | 5:13 AM ET
    European Central Bank

    Commercial banks took no overnight emergency funds from the ECB, data showed on Monday, pointing to a consistent improvement in money market access this year.

  • Horsetrading Exposed by British Beef Scandal Monday, 11 Feb 2013 | 5:09 AM ET

    As Britons choke on discovering they may have eaten horse that was imported as beef, this new scandal has exposed the sometimes murky labyrinth by which food reaches Europe's dinner tables.

  • Findus Beef Lasagne found to contain 60 percent horse meat.

    Six big French retailers said on Sunday they were recalling lasagna meals and other products suspected of being mislabeled after the discovery of horsemeat in beef products.

  • Has Volkswagen Discovered the Holy Grail? Monday, 11 Feb 2013 | 1:37 AM ET
    germany volkswagen--980326153_v2.jpg

    Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford in the canon of auto industry pioneers.

  • G20 to Skirt Potholes as World Economy Recovers Sunday, 10 Feb 2013 | 6:39 PM ET

    With the road ahead looking a bit smoother, G20 finance ministers will be happy to ignore the wreck in the rear-view mirror when they meet this week to steer a course for the world economy.

  • France's Push for Growth Hits German Wall Sunday, 10 Feb 2013 | 9:30 AM ET
    Euro Zone Crisis Straining Hollande and Merkel’s Unity

    French efforts to divert Europe from economic austerity have foundered twice in a week due to German resistance, underlining a growing policy divide that is hobbling the core partnership.

  • Apple and Samsung, Frenemies for Life Sunday, 10 Feb 2013 | 9:11 AM ET
    An Apple iPad 2 and iPhone 4S smartphone, left, and a Samsung Electronics Galaxy Tab 10.1 tablet computer and Galaxy S III smartphone.

    Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics.

  • Spanish PM Publishes Tax Returns Amid Scandal Sunday, 10 Feb 2013 | 4:55 AM ET
    Mariano Rajoy, Prime Minister of Spain.

    Spain's prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.

  • Findus Beef Lasagne found to contain 60 percent horse meat.

    The French and British governments promised on Saturday to punish those found responsible for selling horsemeat in beef products at the heart of a growing scandal.

  • Renault Recalling Over 60,000 Cars in China: Report Sunday, 10 Feb 2013 | 3:45 AM ET
    Whoa! 1.7 Billion Cars on the Road by 2035

    French carmaker Renault has started recalling over 60,000 cars exported to China due to problems with their fuel level sensors, state news agency Xinhua reported.

  • Bank of Italy Seeks More Powers After MPS Troubles Saturday, 9 Feb 2013 | 5:19 PM ET

    Bank of Italy Governor Ignazio Visco called on Saturday for more powers for bank regulators to step in and dismiss bad managers but defended his institution's oversight of the troubled Monte dei Paschi di Siena.

  • Dreamliner operated by All Nippon Airways (ANA) sits on the tarmac after an emergency landing at Takamatsu Airport.

    The chief executive of International Airlines Group said on Saturday he was confident that Boeing would overcome problems with its Dreamliner jet, but added that issues with the aircraft could take "some months" to resolve.

  • ECB's Visco Says Markets Watching Italy Closely Saturday, 9 Feb 2013 | 8:52 AM ET
    Ignazio Visco, governor of the Bank of Italy

    Financial markets remain keenly focused on Italy's ability to control its public finances and pursue reforms to lift its stagnant economy, Ignazio Visco said on Saturday.

  • EU Leaders Strike Deal on Long Term Budget Friday, 8 Feb 2013 | 11:07 AM ET

    European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.