Brazil's real fell from a three-week high on concern that Joaquim Levy will face obstacles in trying to revive Latin America's largest economy as he takes over as finance minister.
New Delhi: After months-long deadlock, the World Trade Organisation approved a framework for a global pact to ease customs norms after accepting India's demand to remove constraints on food stockpiling.
A top European Central Bank official has insisted policy makers must do all they can to boost weak eurozone inflation, in spite of warnings that any extension to the ECB's bond-buying spree could increase risks for the bloc's financial system.
European Commission president Jean-Claude Juncker has survived a vote of no confidence in his leadership. MEPs backing the motion said Mr Juncker was unfit to hold office, alleging he presided over tax avoidance schemes in Luxembourg while he was ...
Germany's unemployment rate has hit a record low, but slower inflation has raised concerns over deflation. The Federal Statistical Office revised October's unemployment number from 6.7% to 6.6%, November's figure was also 6.6%.