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  • The famous euro sign landmark is pictured outside the former headquarters of the European Central Bank (ECB) in Frankfurt
    Disappointed ECB says euro zone economies further apart than at the start Reuters - 4 hours ago

    By Balazs Koranyi FRANKFURT (Reuters) - The euro zone's founding members are further apart economically than they were, a "disappointing" outcome defying the premise that laggards would slowly catch up …

    The famous euro sign landmark is pictured outside the former headquarters of the European Central Bank (ECB) in Frankfurt

    By Balazs Koranyi FRANKFURT (Reuters) - The euro zone's founding members are further apart economically than they were, a "disappointing" outcome defying the premise that laggards would slowly catch up in common currency bloc, the European Central Bank said on Wednesday. Early members failed to recognise that lower borrowing …

  • GM to invest $1 billion in India to boost exports Reuters - 4 hours ago

    NEW DELHI (Reuters) - General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in fast-growing emerging markets, top …

    Employees work on a Chevrolet Beat car on an assembly line at the General Motors plant in Talegaon

    NEW DELHI (Reuters) - General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday.

  • Greek PM says will not implement measures beyond those set at summit Reuters - 6 hours ago

    Greek Prime Minister Alexis Tsipras said on Wednesday that his government would not implement reform measures beyond what was agreed with lenders at a euro zone summit earlier this month. "I know well …

    Greek Prime Minister Alexis Tsipras looks on as he attends a meal at the Presidential Palace

    Greek Prime Minister Alexis Tsipras said on Wednesday that his government would not implement reform measures beyond what was agreed with lenders at a euro zone summit earlier this month. "I know well the framework of the deal we signed at the euro zone summit on July 12," Tsipras told Sto Kokkino radio. Nothing beyond …

  • Gold wedged below $1,100 ahead of Fed outcome Reuters - 9 hours ago

    By Manolo Serapio Jr MANILA (Reuters) - Gold steadied at just below $1,100 an ounce on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve's …

    A gold bar is displayed at the currency museum of Lebanon's Central Bank in Beirut

    By Manolo Serapio Jr MANILA (Reuters) - Gold steadied at just below $1,100 an ounce on Wednesday, trading not far from a 5-1/2-year low, as investors awaited the outcome of the U.S. Federal Reserve's meeting for more signs on the timing of this year's interest rate increase. After last week's rout, gold was stuck in narrow …

  • Asian stock markets muted ahead of Fed statement, keep wary eye on China The Canadian Press - 12 hours ago

    TOKYO - Asian stock markets were muted Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of …

    Asian stock markets muted ahead of Fed statement, keep wary eye on China

    TOKYO - Asian stock markets were muted Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of ...

  • Fed moves toward raising rates for first time since 2006, but no action is expected yet The Canadian Press - 13 hours ago

    WASHINGTON - The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet.

    Fed moves toward raising rates for first time since 2006, but no action is expected yet

    WASHINGTON - The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet.

  • Oil steadies after four-day loss; U.S. inventory draw eyed Reuters - 20 hours ago

    Oil prices fell for a fifth straight session on Tuesday to their lowest in almost six months, as a rout in Chinese equities cast further doubt over the outlook for crude demand in the world's top commodities …

    A flame shoots out of a chimney at a petro-industrial factory in Kawasaki near Tokyo

    Oil prices fell for a fifth straight session on Tuesday to their lowest in almost six months, as a rout in Chinese equities cast further doubt over the outlook for crude demand in the world's top commodities consumer.

  • Global stocks rally as China fears dwindle, oil prices steady Reuters - 21 hours ago

    Stocks rose on Tuesday, with Europe snapping a five-day losing streak as investors shrugged off further weakness in commodity markets and Chinese shares to focus on more encouraging merger activity and …

    General view of the Frankfurt stock exchange

    Stocks rose on Tuesday, with Europe snapping a five-day losing streak as investors shrugged off further weakness in commodity markets and Chinese shares to focus on more encouraging merger activity and earnings.

  • Greek bourse to reopen Wednesday or Thursday after ECB approval: regulator Reuters - 21 hours ago

    Greece is waiting for the green light from the European Central Bank on plans it has submitted to reopen the Athens stock market after a month-long shutdown, two regulatory sources said on Tuesday.

    A European Union flag flutters outside the Athens stock exchange

    Greece is waiting for the green light from the European Central Bank on plans it has submitted to reopen the Athens stock market after a month-long shutdown, two regulatory sources said on Tuesday.

  • FTSE rebounds on deal-making prospects Reuters - Tue, 28 Jul, 2015 11:54 AM EDT

    Britain's top share index edged higher on Tuesday after falling for five sessions in a row, with RSA Insurance Group leading the gains on bid interest from a Swiss-based rival.

    People pass electronic information boards at the London Stock Exchange in the City of London

    Britain's top share index edged higher on Tuesday after falling for five sessions in a row, with RSA Insurance Group leading the gains on bid interest from a Swiss-based rival.