MELBOURNE, Sept 4- London copper took a breather on Friday but was set to log a second weekly gain as bets for monetary easing in Europe fuelled a short-covering rally that traders expected to gain steam given light holiday trade. The European Central Bank cut its growth and inflation forecasts on Thursday paving the way for an expansion of its already massive 1...» Read More
Nicolas Maduro squeezed out a small-margin victory in Venezuela's presidential elections Sunday, securing the ruling socialist party's control over the oil-rich nation through 2019.
As grumbles about inflation risk grow louder, several Fed doves spoke out over the weekend, saying everyone relax -- we should watch inflation but it's not a huge risk just yet.
Mark Zandi, a well-known economist, is a front-runner to lead the U.S. housing regulator and oust Edward DeMarco, who critics say hasn't done enough to aid homeowners, the Wall Street Journal reported.
Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award.
LJUBLJANA (Reuters) - Slovenia, struggling to avoid following Cyprus into a bailout, announced plans on Thursday for the early rollover of debt maturing in June.
Expectations for a rate cut in the euro zone soon and domestic bond purchases announced by the Bank of Japan have lifted the mood on debt markets, pushing investors to take more risk in exchange for higher returns.
Deutsche Telekom sweetened its terms for the proposed merger between T-Mobile USA and MetroPCS Communications by reducing the combined company's debt.
General Motors renewed a commitment to its loss-making European brand on Wednesday, pledging to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches.
Portugal's prime minister told his country Sunday to brace for even harder times after a court ruling forced his government to find more savings through steep spending cuts.
Chinese leaders didn't directly name North Korea but everyone knew who they meant when the warned against "troublemaking on China's doorstep."
Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
A Portugal court rejected four out of nine contested austerity measures from this year's budget in a ruling that deals a blow to government finances, but is unlikely to derail the bailed-out country's reforms.
Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.
Supreme Court judges will launch an investigation on Thursday into almost a decade of financial profligacy which brought Cyprus to its knees last month.
A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.
The death of Laiki, also known as Cyprus Popular Bank, was brutal. Board members said they had fought to the bitter end.
BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
Nationalists in Kyrgyzstan are threatening to return to the streets to topple another government unless it expropriates the Kumtor goldmine, a treasure they say was sold off too cheaply to foreigners.
One of the Federal Reserve's most hawkish officials confronted one of the institution's most dovish policymakers on Tuesday in a rare joint public debate over the risks posed to inflation by the U.S. central bank's bold steps to spur growth.