Jul 1, 2013 Canadian Mark Carney takes over running the Bank of England today. Carney looks good and has star power, but some wonder whether the current adulation will last.
Jun 28, 2013 The U.S. is suspending its trade benefits for Bangladesh. The Obama administration said the country has not moved quickly enough to address workplace safety following an eight-story factory collapse that killed over 1,000 workers.
Jun 27, 2013 After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.
Jun 25, 2013 Italy might need a bailout within six months. So warns Italy's second largest bank, MedioBanca, according to Britain's Daily Telegraph.
Jun 20, 2013 Global markets are down this morning on news that the U.S. Federal Reserve may not continue its bond buying program, known as quantitative easing, in the long-term.
Jun 13, 2013 The Obama Administration successfully lobbied the EU to do away with a proposed data privacy measure, according to a report in the Financial Times. The exclusion would make it easier for the U.S. to spy on EU citizens.
Jun 11, 2013 Residents of Germany, Austria, the Czech Republic and beyond are still wading through high waters today. Severe flooding has led to the deaths of at least 24 people.
Jun 10, 2013 The furor over U.S. Internet surveillance could hit transatlantic trade. A senior European lawmaker says the revelations could potentially derail plans for a U.S.-EU free trade deal.
Jun 6, 2013 A day after the EU Trade Commission placed anti-dumping duties on Chinese solar panels, the Chinese government has launched an investigation into doing the same on EU wine exports to China.