Author : EW News Desk Team

Detriot, once a symbol of U.S. industrial power, has become the largest U.S. city to file for bankruptcy, laying the groundwork for a historic effort to bailout a city...

In its annual report on the Chinese economy, the International Monetary Fund on Wednesday warned that “time is running out” for China to shift away from its credit and...

Twice a year The Economist publishes the Big Mac index. It is a fun guide to the world's currencies that attempts to adjust them all to an equitable level...

China on Wednesday vowed to step up its fight against bribery and corruption by multinational corporations, days after the police unveiled a litany of bribery and misconduct allegations against...

More bankers in the United Kingdom were paid in excess of 1 million euros than in any other European Union country, according to new data released by the European...

Bitcoins have finally emerged into the mainstream in recent months, largely on the back of the Cyprus’ troubled banking sector. In this infographic, we put the new digital currency...

German Chancellor Angela Merkel has called for tougher data protection laws that would require internet companies to reveal details about what personal information they have stored and to whom...

Norwegian energy company Statoil has become the latest oil giant to turn to private security firms to handle its operations in North Africa, amid rising violence and organised attacks...

The international troika of lenders visit Portugal to assess how the country is managing its 78 billion euros bailout; Central bankers and finance ministers of the G20 meet in...

Chinese finance minister Lou Jiwei said growth in the world’s second largest economy may dip below 7 percent in the second half of the year, signalling that Beijing may...