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The German government favors a merger of state-backed Commerzbank with France's BNP Paribas, German weekly WirtschaftsWoche reported on Thursday, citing financial sources. » Read More
By: Sam Meredith
European markets were slightly higher on Thursday morning, after the Federal Reserve announced a plan to begin unwinding its balance sheet. » Read More |
By: Sam Meredith
British Prime Minister Theresa May is poised to travel to Florence, Italy on Friday with ambitions to underline Britain's hopes for a "special partnership" with the EU post-Brexit. » Read More |
The government is considering a swap that would consolidate the secondary market into a few benchmark issues, replacing 20 separate bonds. » Read More |
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Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said.
Almost 2 billion data records around the world were lost or stolen by cyberattacks in the first half of 2017.
A group of real estate agents who colluded to raise fees in southwest England has been fined £370,084 ($500,620) by competition authorities.
British retail sales unexpectedly surged in August, official figures showed on Wednesday, boosting the chance that the Bank of England will raise interest rates in November.
Spanish police are reported to have raided several departments of Catalonia's regional government as tensions rise between Madrid and the pro independence regional government over a banned independence referendum.
197 Fortune Global 500 companies tap Huawei for success in new ICT era
Tata Steel says it has signed a memorandum of understanding with Thyssenkrupp to create a "leading European steel enterprise."
European markets closed provisionally choppy Wednesday afternoon, as investors awaited monetary policy guidance from the Federal Reserve.
The British pound leaped half a cent to $1.35 on a report that British Foreign Secretary Boris Johnson "will resign before the weekend" if Prime Minister Theresa May opposes his demands on Brexit.
ECB policymakers disagree on whether to set a definitive end-date for their money-printing program when they meet in October.
A Swiss financial watchdog has closed down providers of a “fake” cryptocurrency called E-Coin.
Britain's decision to leave the Europe Union is likely to lead to a net fiscal loss for the government's public finances, says think tank.
Bayer said it would likely take until early next year to complete the planned $66 billion takeover of U.S. seeds group Monsanto.
Dollar weakness and equity strength have helped the vast nest-egg balloon in size.
Dominican Prime Minister Roosevelt Skerrit used Facebook in the early hours of Tuesday to describe the "mind-boggling" real-time impact of Hurricane Maria.
Mexico would regulate its fast-growing financial technology sector, including firms that use crypto-currencies like bitcoin, to protect consumers and spur competition, under a proposed bill seen by Reuters.
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The vision of bankers differs vastly to that of bitcoin investors and enthusiasts, BitSpread CEO Cedric Jeanson said.
Unicredit CEO Jean Pierre Mustier could be putting “too much on his plate right now” if he buys German state-backed lender Commerzbank, Marco Elser, head portfolio manager at Lonsin Capital, said.
German Deputy Finance Minister Michael Meister said he is hopeful the ruling-Christian Democratic Union will lead the next coalition government.
