BOE May Debate Expansion of Bond Plan, Gieve Says

Bank of England policy makers will consider expanding their bond purchase plan when they review its progress in November on concern the economy’s recovery […]

Bank launches probe into parties at foreclosed Malibu mansion

A community watchdog group expressed outrage and Wells Fargo said it was launching an investigation after a newspaper reported that a senior exec threw […]

Spain Industrial Output Falls More Than Expected for 15th Month

Spain’s industrial production declined for a 15th month in July, adding to signs Spain will take longer than its European trading partners to emerge […]

Job cuts ease in August

The pace of U.S. job losses has slowed, but we’re not out of the woods yet, according to two reports released Wednesday.
Automatic Data […]

German First-Half Rail Cargo Traffic Declines Most on Record

Germany’s rail cargo traffic dropped the most on record in the first half as the recession curbed orders for goods made in Europe’s largest […]

AIG surges on speculation of fence-mending

Shares of American International Group Inc. surged Thursday as analysts speculated the company might be reconciling with former CEO Maurice "Hank" Greenberg, who could […]

German Services, French Industry Unexpectedly Grow

German services and French manufacturing unexpectedly expanded in August, signaling a pick- up in domestic demand in Europe’s largest economies is helping lift the […]

Europe Posts Trade Surplus in May as Imports Fall

Europe posted a trade surplus for a second month in May as exports declined less than imports.
Shipments from the 16-nation euro area fell […]

Singapore Retail Sales Fall Most Since 1999 as Car Sales Slump

Singapore’s retail sales fell the most in more than ten years in April as rising unemployment and the nation’s deepest economic slump in more […]

Strauss-Kahn Says IMF Bond to Have a ‘Little’ Secondary Market

International Monetary Fund Managing Director Dominique Strauss-Kahn said there will be a “little” secondary market for the bonds that the Washington-based lender plans to […]