ATHENS/PARIS (Reuters) – An anti-austerity backlash by voters in Greece and France shook the euro zone on Monday, causing jitters for the euro currency and stock markets amid deepening doubts about whether Greece has a future in the single currency are…
Australia is on track for a modest budget surplus, Treasurer Wayne Swan said Sunday ahead of this week’s unveiling of his fifth budget for the mining-powered economy.
Australia, which survived the global financial crisis without dipping into recession,…
LONDON (Reuters) – Boris Johnson dodged a humiliating nationwide defeat for Prime Minister David Cameron by winning London in local elections that saw voters angry at Britain’s economic woes flock to opposition Labour and a right-wing anti-European fri…
WASHINGTON (AP) — The U.S. economy’s recovery looks enduring. It’s just not very strong.Hiring, housing, consumer spending and manufacturing all appear to be improving, yet remain less than healthy. Economists surveyed by The Associated Press expect …
NEW YORK (Reuters) – Crude oil futures fell on Wednesday, pressured by a sixth straight weekly build in U.S. crude inventories and weak economic data from the United States and Europe that dimmed the outlook for oil demand.
The decline re…
China’s likely next premier Li Keqiang will sign clean energy deals with the EU when he flies in Tuesday for a visit set to strengthen bonds between the two trade giants and tackle global economic issues.
Kicking off three days in Brussels with an offi…
Major business events and economic events scheduled for Wednesday:WASHINGTON — Commerce Department releases factory orders for March, 10 a.m. Eastern.Comcast Corp. reports quarterly financial results.CVS Caremark Corp. reports quarterly financial res…
LONDON (Reuters) – The dollar fell to a two-month low against a basket of currencies on Monday, weighed down after modest first quarter growth in the U.S. economy kept alive chances of further monetary easing by the Federal Reserve.
The d…
YANGON (Reuters) – European firms seeking to invest in Myanmar are unlikely to rush into business deals until more concrete reforms are put in place, despite a suspension of economic sanctions by the EU, its foreign policy chief Catherine Ashton said o…
YANGON (Reuters) – European firms seeking to invest in Myanmar are unlikely to rush into business deals until more concrete reforms are put in place, despite a suspension of economic sanctions by the EU, its foreign policy chief Catherine Ashton said o…