The euro zone economy ended last year with stable growth, failing to meet expectations for an acceleration as expansion in the three largest nations fell short of forecasts and Greece and Portugal contracted.
The euro zone economy grew at the same quarterly rate in the fourth quarter as in the third, data showed on Tuesday, defying expectations of an acceleration.
World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.
The Red Devils' star scores the goal of a lifetime
Dili is the capital of East Timor or Timor Leste, one of the world's newest nations, and is slowly beginning to attract tourists nearly nine years after gaining independence. Reuters correspondents with local knowledge help you get the most out of a short stay.
The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
For the first time, Google Inc. is celebrating American inventor Thomas Alva Edison's 164th birthday on February 11 with a new still moving doodle logo on its classic homepage featuring some of his best inventions.
World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
On Thursday, yields on the Portuguese 10-year sovereign debt reached an all-time euro-era high of 7.6 percent.
World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.
The heightened sense of scrutiny surrounding many heavily-indebted rich nations is sending the right message about fiscal discipline but is coming at the wrong point in the recovery cycle for many countries, and could do more harm than it's worth to the global economy.
Stock index futures rose on Monday on growing hopes Europe will sort out its tangled debt issues and as metals prices advanced on bets of a stronger global economy.
After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle
World stocks rose on Monday, hovering near a 29-month high on further signs of global economic recovery, and copper rallied to a record high while U.S. 10-year Treasury yields hit their highest since May.
Voters in Cape Verde cast their ballots in a parliamentary election on Sunday that is likely to be dominated by the two parties that have exchanged power over the last two decades in the island nation.
Germany and France tried to win backing for a pact to strengthen the euro zone economy on Friday, but many other EU states were angered by what they saw as a 'fait accompli' and the measures contained in it.
European Union leaders will discuss strengthening the euro zone's 440 billion euro bailout fund at a summit on Friday and try to agree how best to insulate the region from the year-long debt crisis.
Eurozone retail sales fell unexpectedly for a second consecutive month in December last year, showing continued weakness in the household demand.
The Middle East is headed into the unknown, on that everyone agrees -- but the speed of events in Egypt and elsewhere has left analysts and financial markets struggling to find their bearings.
Germany and France have reached a consensus on steps to boost economic coordination within the euro zone as part of a comprehensive anti-crisis package that will also see the scope of Europe's bailout fund bolstered.
The world economy has begun improving but is beset by problems such as high unemployment and rising prices which could fuel crippling trade protectionism or even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
