- In southern Europe, an astute negotiator unpicks austerity Updated: Feb-12-16 12:16 pm
LISBON, Portugal - He doesn't boast about being an expert deal-maker like Donald Trump, but new Portuguese Prime Minister Antonio Costa is quietly building a reputation as a canny negotiator and a government leader to watch in southern Europe by doing what many people thought was impossible.
- Eurozone economy ends 2015 with whimper as dark clouds grow Updated: Feb-12-16 8:04 am
LONDON - The 19-country eurozone is in its longest stretch of economic expansion since the global financial crisis in 2008 but growth remains paltry despite a series of tail winds and is susceptible to a reverse if the worst fears in financial markets come to fruition.
- Questions grow over banks as profit warnings pile up Updated: Feb-11-16 2:44 pm
PARIS - Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings.
- Italian banks hit by concerns over bad loans Updated: Feb-05-16 12:31 pm
MILAN - Italian banking shares are getting battered this year as the government tries to bundle and dispose of billions of euros in bad loans while attempting to reform and consolidate the ailing sector.
- Cheap oil buoys consumers, shakes up global governments Updated: Feb-02-16 12:02 pm
Cheap oil will be sticking around for a while.
- Weak growth and shaky markets put pressure on central banks Updated: Jan-22-16 2:08 pm
WASHINGTON - The world's central banks are under pressure to do something about slumping economies and panicky stock markets.