Author : EW News Desk Team

French president Francois Hollande on Thursday called for a eurozone-wide “economic government”, with its own budget and full-time president as well as a harmonised tax system, as a step...

Timely central bank intervention helped prevent widespread global economic chaos but their unprecedented and dramatic action could result in potentially heavy losses when they begin to withdraw the extraordinary...

Nearly six years after dropping behind Warren Buffett and Carlos Slim as the world’s richest man, Microsoft co-founder Bill Gates has regained the top spot on Bloomberg’s Billionaire Index,...

The Vatican Bank, known formally as the Institute for Works of Religion (IOR), will begin making public disclosures of its financial accounts by the end of the year, said...

More and more companies are stashing their cash offshore and they are doing it at an alarming rate. More than 30 percent of the world’s 200 richest people, who...

The European Commission on Tuesday raided the offices of a number of oil companies to investigate claims that oil giants may have "colluded in reporting distorted prices to a...

China's environment ministry has given its approval for the construction of what will become the country's tallest hydroelectric dam despite admitting that the project will have an impact on...

Global natural disasters have caused nearly $2.5 trillion in economic losses since the turn of the century, said a United Nations report on Wednesday, warning that the cost to...

The U.S. budget deficit will fall to $642 billion this year from $1.1 trillion in 2012 as higher tax revenues and spending cuts take effect, said the nonpartisan Congressional...

Keen to avoid the kind of onslaught on tax cheats being waged in EU and U.S., Singapore, the world’s fourth largest offshore financial centre, said on Tuesday it will...