BoE expects headline inflation to run above target till mid 2013
The Bank of England Wednesday admitted the headline inflation rate would run above target for another 'year or so',...
New French president agrees to work out differences on growth with Merkel
New French President Francois Hollande and German Chancellor Angela Merkel agreed to work around their differences on...
Fifth consecutive gas discovery offshore Tanzania by BG and Ophir
British energy major BG Group and its partner Ophir Energy have made their fifth consecutive gas discovery at the...
Geithner: JPMorgan losses strengthen need for financial sector reforms
US Treasury Secretary Timothy Geithner Tuesday said the JPMorgan Chase's $2 billion losses on the derivatives market...
Hollande promises to fight financial speculation
Socialist Francois Hollande was sworn in as president of France on Tuesday in a low-key ceremony amid a debt crisis...
Germany helps Eurozone avoid falling back into recession
The 17-member eurozone and 27-member European Union avoided falling back into recession in the first quarter of the...
BHP petroleum chief confident of shale liquids developments
Global mining, oil and gas major BHP Billiton Monday justified the company's $20 billion foray into US shale gas...
JPMorgan makes top level changes as Drew resigns
JPMorgan Chase's chief investment officer Ina Drew has resigned after the banking corporation revealed losses of $...
Greek Political Deadlock Fans Eurozone Worries
World stocks fell sharply Monday as traders voiced new concerns about political uncertainty in Greece. Analysts say failure by the country's politicians to form a coalition government could lead to new elections.
Slow grind back for Europe
The European Commission has just completed its spring economic forecast, which has suggested the eurozone should make...
