EU urges France, Italy to amend budget
EU officials are engaged in a last-minute drive to try to persuade France and Italy to change their budgets to avoid rejection.
‘It’s time to get structural’: OECD’s Gurria
Europe needs to make structural reforms, the head of the OECD said, arguing that countries should not rely solely on central banks for stimulus.
Blackstone Group to spin off financial advisory unit
Blackstone announced plans to spin off its financial advisory business, its restructuring services, and its Park Hill fund businesses into one entity.
Microsoft CEO’s comments and the tech world
Microsoft’s CEO has apologized for the gender pay gap comments.
Putin wants say in Moldova-EU trade
Russia’s President Vladimir Putin tells Moldova that it must take account of Russia’s interests before developing closer trade ties with the EU.
Kim Jong Un misses key event due to ‘pulled tendon’
North Korean leader Kim Jong Un is in control of his government but hurt his leg taking part in a military drill. Reuters reports.
Clouds gather but is a correction in the forecast?
The S&P 500 Index is at a two-month low, and jitters about global growth are everywhere.
Europe markets tumble; DAX hit hard
The world’s stock markets slumped on Friday, hit by concerns over global growth and more disappointing data from Germany.
Why UK house prices could rise 30%
U.K. house prices will soar by 30 percent in the next five years according to a report.
VIDEO: Work starts on new Royal Navy warship
Work begins on the first of three Royal Navy warships at BAE Systems yards on the River Clyde in Glasgow.