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Italy's PM Silvio Berlusconi bows his head during a news conference with Malta's PM Lawrence Gonzi in Rome

Italy Borrowing Rates Surge to Record High; End of Berlusconi?

The data suggests that the market does not believe Italy can repay its huge debt.

Germany's Gold Cannot be Touched - Economy Minister

German Economy Minister Philipp Roesler

Germany Economy Minister Philipp Roesler said on Monday the country's gold reserves with the central bank cannot be touched, adding his voice to opposition to an idea reportedly discussed at the G20 summit of using reserves to boost euro zone bailout funds.

Inflation, debt crisis hurt euro zone retail sales

Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.

Carlos the Jackal Faces French Trial for Orchestring 1980s Bomb Attacks

Carlos the Jackal Faces French Trial for Orchestrating 1980s Bomb Attacks

Ilich Ramírez Sánchez, popularly known as Carlos the Jackal is preparing to stand trial before a special French criminal court for masterminding a series of terrorist bombing attacks and kidnapping during the early 1980s in France.

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Greek PM George Papandreou and FM Evangelos Venizelos applaud after winning a vote of confidence in the Greek parliament in Athens

Greek PM to Push Coalition Plan in Meeting with President

Greek Prime Minister George Papandreou is meeting with Greek President Karolos Papoulias Saturday in the drive for a new coalition government to save the nation from bankruptcy and prevent its debt crisis from spreading chaos across the Eurozone.

Anna Wintour

Fashion Night Out: Vogue Editors Converge in Tokyo to Boost Luxury Items Sales

For the upcoming Fashion Night Out event in Tokyo, Japan, 17 international Vogue editors from across the globe have converged to promote sales of designer garments and accessories on Nov.5, 2011.

Thailand Travel

Bangkok Flood: Latest News on Air Service Cutbacks & Travel to Thailand

The latest news isn't good for the airline industry as it cuts back flights to and from Bangkok during the floods.

Factbox: Breeders' Cup Facts and Figures

Factbox on the Breeders' Cup meeting, to be run at Churchill Downs on Friday and Saturday.

A man looks at his watch outside a branch of Commerzbank in Frankfurt

Commerzbank’s Greek Exposure Wipes Out Third Quarter Profit

Commerzbank is 25-percent-owned by the German government

German Chancellor Angela Merkel

Eurozone Finds No New Money for Debt Crisis at G20

The Eurozone won verbal support but no new money at a G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision.

Physicists Officially Christen Exotic Elements

Physicists officially christened three elements, substances that cannot be broken down by chemical means, on Friday at the International Union of Pure and Applied Physics meeting in London held once every three years.

Eurozone

Eurozone Oct Private Sector Slump Flags Recession

Private sector activity in the euro zone shrank at its fastest pace in 28 months in October as the debt crisis sapped new business and soured sentiment in an economy looking like it is heading into a slump, survey data showed on Friday.

Italy's Prime Minister Silvio Berlusconi

Italy Agrees to Let EU, IMF Monitor Reforms

Italy, under fierce pressure from financial markets and European peers, has agreed to have the IMF and the EU monitor its progress with long- delayed reforms of pensions, labor markets and privatization, senior EU sources said Friday.

Europa finds buyers at American Film Market

Europa, a suspense drama about astronauts from different countries who head to the frigid glacial moon of Jupiter, has found a warm reception at this year's American Film Market, selling in 12 territories so far.

A woman walks at the new solar power plant ''Gemasolar'' the day of its inauguration in Fuentes de Andalucia, southern Spain

Short sellers still see green in battered solar sector

Short sellers who banked on a fall in the price of solar stocks this year pocketed big returns and are already positioning themselves for another go at the battered sector.

South Africa's President Jacob Zuma gives a statement after meeting with Libyan leader Muammar Gaddafi at Gaddafi's Bab al-Aziziya residence in Tripoli April 10, 2011.

S.Africa signs multilateral tax evasion deal

South Africa on Thursday said it signed an agreement with 12 other countries to combat cross-border tax evasion.

Greek Prime Minister George Papandreou delivers a speech to socialist lawmakers from his party in Athens

Greeks to Drop Referendum on Bailout, But Papandreou Will Not Resign

Papandreou also shrugged off persistent calls – by both opposition lawmakers and members of his own ruling Socialist Pasok party – to call new elections.

U.S. President Barack Obama, talks to Germany's Chancellor Angela Merkel, and France's President Nicolas Sarkozy before the start of the G20 Summit of major world economies in Cannes

France and Germany Tell Greece to Take The Bailout or Else

Our Greek friends must decide whether they want to continue the journey with us,” Sarkozy said.

Chelsea's Salomon Kalou is challenged by Portsmouth's Hayden Mullins during their FA Cup final soccer match at Wembley Stadium in London

Arsenal Transfer Rumor: Gunners to Make £5m Cut-Price Bid for Chelsea Forward Salomon Kalou

The Gunners are set to make a cut-price £5 million January bid for Chelsea's back-up forward Salomon Kalou who will be out of a contract with the London Rivals at the end of the season, according to reports.

Traders work on the floor of the New York Stock Exchange

Futures Rise on Uncertainty over Greek Referendum

Stock index futures edged higher in choppy trade on Thursday on talk the Greek government might collapse, thus avoiding a referendum on a bailout plan and easing concerns about an imminent bailout.

Traders work on the floor of the New York Stock Exchange

Futures Signal Higher Opening for U.S. Stocks

Stock index futures pointed to a slightly higher opening for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.1 to 0.2 percent.

Luxembourg's PM Juncker addresses a news conference during an EU leaders summit in Brussels

Euro Zone Ready for Greeks to Go, Boss Says

The euro zone is working on a possible exit of Greece from the euro zone, Eurogroup head Jean-Claude Juncker said on Thursday, saying it was essential that other members of the currency union would not be damaged in such an event.

Daylight Saving Time 2011 Will End This Sunday

Daylight saving time (DST) for most people in the United States and Canada ends on Sunday at 2 a.m. Remember to turn all clocks back to 1 a.m. local time.

G-20 Canne November 2011

G-20 Cannes - U.S., Europe Seek GDP Growth, but May Settle for Greek Solvency

The leaders of the world's major economies will meet in Cannes, France starting Thursday to discuss matters critical to commerce, international trade, and the global economy. That means the discussion will be dominated by Greece.

German Chancellor Angela Merkel and Turkish Prime Minister Tayyip Erdogan shake hands as they speak to media after meeting in the Chancellery in Berlin

Turkey's Erdogan Rips Germany for PKK Fundraising

He added that Europeans who donate money to PKK share in the responsibility for the killings of innocent civilians.

AFM kicks off with 415 films and more buyers

This year's American Film Market kicks off in Santa Monica Wednesday with 10 percent more buyers than last year and 415 films up for grabs.

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