European stocks kicked the week off on an upbeat note, taking their cue from a strong session in Asia, despite the release of disappointing Chinese and Japanese data. At ... Read More
Oil prices turned lower again today after soaring at the end of last week as Iran prepared to ship its first consignment of the commodity since sanctions were lifted, ... Read More
Morgan Stanley (MS.N) will pay about $3.2 billion to settle charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, federal and state officials ... Read More
The economy continues to strengthen but inflation is expected to be lower during 2016 than previously forecast. The period of low inflation will therefore be longer. This increases the ... Read More
New York bank closes bet on dollar strength versus euro, yen Divergent-rates policy still favors greenback, Himmelberg says Goldman Sachs to clients: whoops. Just six weeks into 2016, the New ... Read More
The crown prince and PM Modi will have a private meeting on Thursday before bilateral delegation-level talks that are likely to see inking of several agreements Abu Dhabi’s Crown ... Read More
Chancellor George Osborne’s “inflexible” budget surplus target may mean sudden tax rises or spending cuts, independent economists suggest. The Institute for Fiscal Studies (IFS) said that Mr Osborne’s pledge ... Read More
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region ... Read More
FTSE 100 sheds more than 100 points, with technology and financial shares worst hit, as global growth fears reignite. The FTSE 100 has tumbled to a fresh three-year low, ... Read More
The euro zone needs to press ahead with structural reforms and closer integration, including an euro zone finance ministry, to deliver sustainable growth, the heads of the French and ... Read More
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