Author : EW News Desk Team

High-end escorts in the Spanish capital of Madrid are refusing to have sex with employees in the banking industry, said a report by the International Business Times on Wednesday,...

The UK media has reported that the Gulf state is interested in purchasing a £10 billion ($16 billion) stake in the bailed-out Royal Bank of Scotland. According to sources...

China’s biggest airlines have seen their profits plummet in recent months, claimed a report by the Financial Times on Tuesday, with most companies unable to hedge against rising oil...

The eurozone remains stuck in a delicate balance in its recovery phase, but the risk of contagion remains extremely high. According to the Organization for Economic Cooperation and Development,...

The U.K.’s national economic output could shrink between April to June this year, said Bank of England governor Sir Mervyn King, as citizens prepare to indulge in an additional...

President Barack Obama has suspended duty-free Argentine imports into America amid a trade dispute involving U.S. investors, saying that Argentina has failed to pay more than $300 million in...

Villagers in the eastern China’s Jiangsu province have received gold, and silver, bars as they celebrate the 40th anniversary of a village-owned business. The Jiangsu Xinchangjiang Group is an...

The East African nation of Kenya could soon join the ranks of oil-producing countries in the world after Anglo-Irish oil giant Tullow Oil made the nation’s first ever oil...

The Russian government is set to sell up to $7 billion in government bonds in the coming days, said a report by the Financial Times on Monday, as the...

A quick preview of the key economic events for the upcoming week: With recent economic data showing the slow and uncertain recovery of the European economy, EU leaders can...