Author : EW News Desk Team

German Chancellor Angela Merkel has agreed to increase the firepower of the eurozone’s emergency rescue funds, despite a history of strong opposition and resistance to the fund’s expansion plans....

U.K. Prime Minister David Cameron is currently embroiled in an embarrassing nationwide scandal, after a top fundraiser for his political party was caught on tape trying to solicit for...

Global oil giant Royal Dutch Shell Plc is facing difficulty in paying off the National Iranian Oil Co (NIOC) for nearly $1 billion in crude oil deliveries, said a...

Asia’s three largest economies are moving closer to signing a trilateral investment deal which could soon pave the way for a wider free-trade agreement. The investment deal, which needs...

A group of former Goldman Sachs employees in Japan are threatening legal action against the US financial giant, unless the company agrees to give them their jobs back or...

The Consumer Financial Protection Bureau yesterday revealed that outstanding student debt crossed the $1 trillion mark last year, 16 percent higher than an earlier estimate by the Federal Reserve...

China’s central bank, the People’s Bank of China, signed a $31 billion currency swap agreement with their Australian counterparts on Thursday, as the Chinese government continues its push to...

Federal Reserve chairman Ben Bernanke has told Congress that American banks are able to withstand financial shocks from Europe despite the US banking system’s high exposure to Europe. Testifying...

Oil prices are up 15 percent in 2012 and policymakers are starting to get fearful. After all, the recent financial crisis was exacerbated by the record high prices in...

Formula One (F1) motor racing series’ owners, CVC Capital Partners, are considering a partial flotation of the business on the Singapore stock exchange, which could raise anywhere between $1.5...