Deutsche Telekom and AT&T are confident the deal under which AT&T will purchase rival T-Mobile USA from the German telecoms giant will be cleared by regulators, despite concerns that the agreement might create a duopoly in the US mobile market.
The US Federal Reserve may have no choice but to introduce a third round of quantitative easing, or QE3, in light of the significant headwinds facing the global economy as well as problems at home, Stephen Pope, Managing Partner at Spotlight Ideas said.
Shopkeepers in England will have to keep cigarette displays, which typically enjoy prime placement, out of sight from 2012 under new government rules aimed at curbing the health risks associated with smoking.
A new series of “magical realms” stamps on sale from Tuesday features Harry Potter's main villain, Lord Voldemort, as well as the headmaster of the Hogwarts School of Witchcraft and Wizardry, Albus Dumbledore. But are these just ways to squeeze a last drop of blood from the Philisopher's Stone?
US economic growth will be stronger than previously expected in 2011 and monetary easing has been "at least modestly successful so far," James Bullard, President of the Federal Reserve Bank of St. Louis said on Monday.
A look at recent German headlines shows the difficulty the government of the euro zone’ biggest country faces in satisfying both the demands of its euro zone partners and those of its citizens.
Belgium faces an important test Monday, when it aims to sell between 1.5 billion euros ($1.9 billion) and 2.5 billion euros worth of bonds in an auction that will indicate the level of investor confidence in the nation plagued by political turmoil and high levels of debt.