The Greek Parliament has approved moving several government departments into a privatization fund set up to hold public assets until they can be sold. The package of bills passed in a 152-141 vote after Prime […]
Profit at Chinese industrial companies posted a 19.5% year-over-year increase in August, the biggest gain in three years, the National Bureau of Statistics said. The data come as retail sales, fixed-asset investment, industrial output and […]
The UK should not be given exceptions to single-market rules in Brexit negotiations, European Central Bank President Mario Draghi says. “It is very hard to imagine that any agreement that will be perceived as discriminatory […]
The Italian government has set a referendum on constitutional reforms for December 4. The plan aims to streamline parliament and the electoral system in the hope of bringing the country badly-needed political stability. According to […]
Saudi Arabia and Iran have dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said differences between the kingdom and Tehran remained too […]
After years of pushback, the biggest names in asset management, including BlackRock, The Vanguard Group and Fidelity Investments, are praising the Financial Stability Board for shifting its regulatory focus away from firms and on to […]
Banks with less than $250 billion in assets that do not conduct significant nonbank or international activity would be exempt from the “qualitative” portion of the Federal Reserve’s annual stress test under a Fed proposal. […]
Index: Business confidence of German execs up Germany’s business leaders are more optimistic about the economy than they have been in more than two years, according to the Ifo think tank’s business-confidence index. The benchmark […]
A hard landing as China transitions to slower economic growth poses the biggest threat to the global economy, said Ken Rogoff, Harvard professor and former chief economist of the International Monetary Fund. “I think the […]
The Bank of England is adding corporate bonds to its shopping list when it launches a series of reverse auctions Tuesday, focusing first on utilities and industries. Market participants fear expanded quantitative easing will dampen […]
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