Treasury Secretary Timothy Geithner on Wednesday urged European leaders to act more forcefully to solve Europe's escalating debt crisis and said they have the financial and economic capacity to do so.
With her new drama In Darkness Agnieszka Holland has returned to her native Poland to produce a haunting portrait of the Holocaust that could net the veteran director another Oscar nod.
Treasury Secretary Timothy Geithner on Wednesday tried to shore up confidence in Europe's ability to solve its escalating debt crisis, saying they had the financial and economic capacity to do so.
The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on longer-term interest rates next week in a bid to accelerate a sputtering U.S. recovery.
The Federal Reserve, facing rising global financial strains and recession fears, is poised to increase downward pressure on longer-term interest rates next week in a bid to accelerate a sputtering U.S. recovery.
Silver prices fell in electronic trading Tuesday afternoon following a big 2.4 percent gain during floor trading as the possibility that Europe's industrial activity will plunge took some shine off the white metal.
Gold prices rose Tuesday on global concern about the future of the euro zone, the continent's currency and the fragile state of worldwide economic growth.
Car industry executives from around the globe urged Europe's politicians to take bolder steps to solve the bloc's two-year-old debt crisis, warning its single currency could be derailed without more decisive action.
U.S. investors remained concerned that Europe's leaders are not getting ahead of the Greek crisis, which could result in a full-fledged Europe bank crisis, even as German Chancellor Angela Merkel, while not committing more German funds to possible intervention, again dismissed talk of a Greek default.
Alarm is growing in the United States at Europe's inability to solve its debt crisis and talk of a full-on Greek default is on the rise. Following are the key events and developments on Tuesday.
Prospects for job seekers are gloomier in most major economies than they were three months ago, as weak U.S. and European economies begin to affect employers' confidence in other parts of the world, according to a quarterly hiring survey by ManpowerGroup.
Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.
HSBC Holdings Plc <0005.HK> has launched the sale of its non-life insurance business, sources told Reuters on Monday, a global division worth about $1 billion and now part of the bank's plan to strip away non-core units.
Near the peak of General Motors Co's financial crisis, Opel workers laid a coffin at the feet of the brand's founder Adam Opel to mark what they considered the death of the brand.
Is Osama bin Laden really dead? That's what the young lady asked me.She knew I am a journalist, not quick to buy suspicious facts peddled as such, but not quick to buy into conspiracy theories, either -- like the one that Osama bin Laden's death at the hands of U.S. military was faked.
It's an underground prison in the compound of the presidential palace.
Russia's recent plane crash took 43 lives. Although the country has been suffering from criticism for poor aviation facility, not much effort has been taken by the government. 10 most shocking and deadliest plane crashes that happened in Russia are discussed in this report.
[Romania] has no information whatsoever showing that there existed secret CIA detention centers on its territory, the Foreign Ministry stated, responding to allegations that the country hosted secret black sites, where terror suspects were tortured.
HSBC <0005.HK> , Europe's biggest bank, is to cut 3,000 jobs in Hong Kong over the next three years as it targets its first wave of an aggressive cost-cutting plan on five countries.
England trudged to a 1-0 win against Wales at Wembley, leaving them within a point of qualifying for the European Championships 2012.
The Council of Europe's Human Rights Commissioner Thomas Hammarberg demands that European governments come clean about hiding the CIA's secret prisons.
Vandals defaced a monument to victims of a World War Two pogrom against Jews in Poland, covering it with racist inscriptions and swastikas in green paint, police said on Thursday.
