Nov 28, 2012 12:42 EST
Europe's stock markets advanced on Wednesday after a late bout of optimism that politicians would act to avoid the looming "fiscal cliff" of automatic tax rises and spending cuts which threatens to send the United States back into recession.
Nov 28, 2012 12:08 EST
Europe's stock markets closed flat on Wednesday amid renewed concern about the looming "fiscal cliff" of automatic tax rises and spending cuts which threatens to send the United States back into recession, dealers said.
Nov 28, 2012 10:53 EST
Europe's stock markets slid on Wednesday on renewed concern about the looming "fiscal cliff" of automatic tax rises and spending cuts which threatens to send the United States back into recession, dealers said.
Nov 28, 2012 06:51 EST
Spain appears to be stuck in a jobs-killing recession in the final months of 2012, the central bank said in a preliminary report Wednesday.
Nov 28, 2012 04:34 EST
Asian markets fell Wednesday, following losses on Wall Street, as traders fret US lawmakers will not agree a deal to avert the fiscal cliff.
Nov 27, 2012 22:47 EST
The eurozone and IMF saved Greece from bankruptcy on Tuesday in a re-drawn rescue that Greek leaders said marked a new beginning for a country facing further austerity in the midst of recession.
Nov 27, 2012 19:18 EST
Tokyo stocks opened 0.51 percent down on Wednesday after Wall Street closed lower amid renewed worries over a US "fiscal cliff" of tax hikes and spending cuts.
Nov 27, 2012 17:16 EST
US stocks fell Tuesday as fiscal cliff worries overshadowed encouraging US economic data and investors shrugged off Greece's revised bailout deal.
Nov 27, 2012 15:55 EST
Oil prices fell Tuesday as investor skepticism about Greece's third bailout overshadowed encouraging economic data in the United States, the world's biggest consumer of crude.
Nov 27, 2012 15:49 EST
Bailed-out Portugal's lawmakers gave final approval Tuesday to a 2013 budget imposing an unprecedented austerity squeeze even as protesters massed outside.
Nov 27, 2012 15:40 EST
A deal struck Tuesday to cut back Greek debt to creditor countries and the IMF paves the way for easier cashflow management in Athens, but analysts warn the paths identified simply buy time.
Nov 27, 2012 14:37 EST
European stock markets rose but the euro dipped against the dollar on Tuesday as investors cautiously welcomed a bailout deal for Greece that eased fears over a bankruptcy for the indebted eurozone country.
Nov 27, 2012 13:37 EST
Oil prices steadied on Tuesday, trading within a narrow range after eurozone ministers and the International Monetary Fund clinched a deal overnight to release fresh loans to debt-plagued Greece.
Nov 27, 2012 12:54 EST
Police have smashed a major ring that smuggled illegal Iranian migrants into Europe where they were given false papers to travel on to Britain or Canada, Europol said Tuesday.
Nov 27, 2012 12:36 EST
London shares closed higher on Tuesday after Greece won a new debt deal from the IMF and eurozone partners, traders said.
Nov 27, 2012 12:22 EST
The EU's bailout fund on Tuesday hailed what it termed "exceptionally strong demand" as it raised seven billion euros ($9 billion) in one-year debt.
Nov 27, 2012 12:08 EST
There are easier places to make wine than the spectacular, desolate landscapes of southeast Turkey, but DNA analysis suggests it is here that Stone Age farmers first domesticated the wine grape.
Nov 27, 2012 12:05 EST
Europe's main stock markets closed slightly higher on Tuesday after Greece won a new debt deal from the IMF and eurozone partners, with London's FTSE 100 index of leading companies closing 0.22 percent higher at 5,799.71 points.
Nov 27, 2012 11:29 EST
US stocks bounced in a narrow range in early trade Tuesday, uninspired by Greece's securing a revised bailout deal that will again help it avert a default on its huge debt load.
Nov 27, 2012 10:54 EST
The eurozone and IMF saved Greece from bankruptcy with a re-drawn rescue on Tuesday which Greek leaders said marked a new beginning for their people facing further austerity in the midst of recession.