Finland backed a former telecoms entrepreneur as prime minister as voters look to lift the country out of its long economic slump.» Read More
Mikhail Khodorkovsky's release after 10 years in jail reflects Putin's consolidation of power in Russia.
The International Monetary Fund issued a scathing report on Ukraine's financial situation, the New York Times reports.
Documents leaked by Edward Snowden reveal that allies were among more than 1,000 surveillance targets in recent years, NYT reports.
The creation of a new union for Europe’s banks has already been subject to more negotiations than a billionaire’s pre-nup agreement.
The global economy is being pushed "inexorably toward the next crash" due to weak international banking rules.
News that Vladimir Putin plans to pardon the former head of Yukos shocked even the most optimistic businessmen in Russia.
It's hard to find a spot in Russia without snow. "But Putin found such a spot and decided to hold the Winter Olympics there," says one Russian critic.
European leaders are beginning a two-day summit on Thursday in an attempt to sign off on a banking union deal before the weekend.
AstraZeneca has agreed to buy Bristol-Myers Squibb's stake in the companies' diabetes joint venture in a deal worth $4.1 billion.
Investors hunting for bargains in southern Europe must proceed with caution to avoid some crisis hot spots, financial experts say.
Brazil awarded a $4.5 billion contract to Saab AB on Wednesday to replace its aging fleet of fighter jets.
Russian President Vladimir Putin said he would soon pardon jailed oil tycoon Mikhail Khodorkovsky, who still has eight months left to serve in jail.
British retail sales rose last month recovering from a fall in October, helped by shoppers buying warm clothes.
Investors are still betting big on sovereign debt from struggling euro zone countries even as European banks offload their investments.
In the first speech of her third term, German Chancellor Angela Merkel urged European partners towards a treaty change.
The French Finance Minister said there were "no problems" left on the table between euro zone finance ministers.
German business sentiment rose in December, according to data released by the Ifo Institute on Wednesday, adding to a raft of recent positive economic data from the euro zone's largest economy.
Graham Mackay, chairman and former chief executive of SABMiller, died on Wednesday after a battle with cancer.
Britain's unemployment rate fell faster than expected in the three months to October, edging closer the Bank of England's threshold level for considering a hike in interest rates.
The euro zone’s plans to reshape its banking system and deal with future crises can seem like nothing more than an excuse to create new bureaucracies.
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Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.