Author : EW News Desk Team

Portugal is on track to receive a fourth round of foreign bailout money, after a review showed that Lisbon has managed to abide by the tough austerity terms agreed...

Any corrupt official or company who siphons money from the World Bank’s development assistance fund will now be publicly exposed, wrote a statement by the international financial institution on...

South Sudanese government officials should return nearly $4 billion in “stolen” public money back to the government, said president Salva Kiir in a letter obtained by Reuters on Monday,...

Billionaire investor George Soros has warned that European leaders have a “three-month window” to save the euro, or risk the destruction of the eurozone and a “lost decade”. Describing...

Spain’s banks must undergo a government-commissioned audit by all four of accounting’s “Big Four” firms, claimed a report by Reuters on Saturday, as the Spanish government attempts to figure...

China will push for greater economic and security ties with Afghanistan during a joint conference this week, claimed a report by Reuters on Sunday, with officials from both governments...

A quick preview of the key economic events happening this week: Aside from the European debt drama, this week will see an interesting line up of Islamic banking events...

According to the Public Accounts Committee, tougher rules are needed to prevent the abuse of some 24,000 government credit cards by UK civil servants. In a report published today,...

Deutsche Bank chief executive Josef Ackermann, once described as “one of the most dangerous bankers in the world” by former IMF chief economist Simon Johnson, has stepped down from...

In the 2011/12 season, the average Premier League club revenue was £114 ($176) million, nearly 15 times their level 20 years ago. The spectacular rate of growth reflects the game’s...