Author : EW News Desk Team

European Central Bank President Mario Draghi on Wednesday acknowledged growing indignation over painful austerity and reform measures, but argued that they are crucial to a fairer society and can...

In the latest salvo of a bitter high-stake legal fight, attorneys for the Argentinean government on Wednesday told a U.S. appeals court that the nation would rather default on...

U.S. banks posted their 12th straight quarterly profit in the last three months of 2012, a 37 percent increase from a year ago, reaching their highest level in six...

The inconclusive result of Italy’s general election has sparked concerns that one of Europe’s largest economies will have difficulty tackling its budget problems, raising the risk of a renewed...

A pro-life group in Switzerland has launched an initiative to ban abortions in the country, claiming that the practice cost billions in lost tax revenues, according to a report...

The Irish government will no longer provide state guarantees for eligible deposits and liabilities at its three surviving banks, said Finance Minister Michael Noonan on Tuesday, ending a controversial...

Yahoo has banned its employees from working ‘remotely’ as all staff are told to relocate to Yahoo’s nearest office outpost by June, or quit. Yahoo has told its employees...

Iran’s parliament on Sunday approved a plan for the country’s poor to receive subsidised food staples from the government, as the Iranian rial continues to weaken under pressure partly...

Russian companies this year have raised more money via the offshore renminbi debt market as compared to their Chinese counterparts, reported the Financial Times on Monday, highlighting the growing...

Foreign portfolio investments in Mexico doubled from $40.6 billion in 2011 to $80.2 billion last year, showed data from the central bank on Monday, following a pick up in...