Venezuela’s embattled President Nicolas Maduro has announced a 50 percent increase in the minimum wage in a bid to combat runaway inflation.
Greek finance ministry seems to take aim at country's lenders with annual Christmas card depicting Dickensian miser
Euronews’ Maithreyi Seetharaman asked Valdis Dombrovskis, the European Commission Vice President for the Euro & Social Dialogue, Financial Stability, Financial Services & Capital Markets Union, if the
2016 has been quite the rollercoaster year for European banks, with elections, regulations and other surprises making investors nervous.
The European Central Bank's attempt to be more user friendly via #AskECB on Twitter brought serious questions, but a few pranksters as well.
The UK is the only major EU economy where average wages have failed to return to pre-crisis levels, new figures reveal.
JPMorgan Chase, Credit Agricole and HSBC have been fined a total of 485 million euros for their alleged role in a cartel to fix the price of Euribor interest…
There is some good news for Britain’s Chancellor of the Exchequer Philip Hammond ahead of his first Autumn Statement.
Germany's biggest lender, Deutsche Bank, has posted an unexpected quarterly net profit but CEO John Cryan say no settlement yet on US misselling fine.
Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.
In 2015 more than a third of the world's new billionaires were created in China, as for the first time Asia overtook the United States.
Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.
Observers say it is a sign that a sweeping corruption investigation is closing in on the inner circle of the leftist Workers Party leadership, who ran the South American country for 13 years.
Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".
British Prime Minister Theresa May has reassuring the bosses of leading US businesses following the UK's vote to leave the European Union.
Policymakers at the US central bank, the Federal Reserve, started a two day meeting on Tuesday. A majority of economists expect its benchmark main interest rate to be left unchanged.
US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.
New chief executive Marco Morelli has taken over at struggling Italian bank Monte dei Paschi di Siena which has to raise five billion euros to survive.
International Monetary Fund chief Christine Lagarde is to stand trial from December 12 for her role in a 400-million-euro payout when she was France’s Economy…
Italian bank Monte dei Paschi di Siena is reportedly about to be removed from the STOXX Europe 600 index - a listing of the region's top shares.
European Central Bank head Mario Draghi says the eurozone economy could be given further stimulus if the Brexit vote starts to have a negative impact.
The Bank of England has left the cost of borrowing unchanged in Britain - for now - which pushed down share prices in London and boosted the pound against the dollar and the euro.
France has stepped up its efforts to grab some of the London banking business that could be displaced by Britain's decision to leave the European Union.
Samsung is set for its best quarterly profit in more than two years thanks to robust sales of its flagship Galaxy S7 smartphones.
Britain's central bank has announced further measures to protect from the effects of Brexit including lowering the amount of money that banks have to keep in reserve so more cash will be loaned out.
British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.