Martin Baccardax

Ratings firm's "New Recession in the Eurozone" report paints "bleak picture" for single currency area.

EU lawmakers hear case for major changes as UK's FSA prepares recommendations for biggest reforms in decades.

Plans to increase Europe's permanent bailout fund with some of the same techniques that created the original crisis appear doomed from the beginning.

State-owned lender will shed 3,800 jobs at investment unit by 2013 taking, total job cull under CEO Stephen Hester to more than 36,000 since 2008 rescue

Mario Draghi's bond buying programme has bought time but business leaders in Europe's biggest economy seem to question whether it will be used effectively.

Indonesia-based coal miner founded by Nathaniel Rothschild starts urgent investigation into development funds at coal exporter

The final review of Greece's staggering finances will be published in November as Obama Administration asks for "no surprises" from EU officials before presidential vote.

The timing of the Bank of England Governor's first live television interview raises serious questions about his political independence.

Spanish Treasury raises nearly €10bn as investors take down four bond auctions while bailout speculation continues.

Ofcom ruling keeps Rupert Murdoch's most profitable business safe as News Corp continues plans to slit the company.

Bank holds key rate at record low 0.5 percent but says short-term risk of price rises has intensified.

Bank of Japan governor says turnaround will take longer than anticipated but decision on monetary easing 'not related to China protests'.

Wage dispute which led to deaths of 45 strikers ends but industrial action continues in other South African mines.

Investor focus switches to US fiscal cliff as more better value in European stocks for the fist time in more than a 18 months.

Spain's borrowing costs fall but tepid demand signals concern over banking sector and impending bailout.

Spain plans €9bn in bond sales this week as bailout speculation intensifies ahead of bank audit and review of its investment grade credit rating.

Department of Defence relations seen as critical to strength of combined group but US lobbyists reluctant to allow foreign stakeholders access to sensitive military business.

Tensions in Asia, Europe and Middle East fail to halt global rally built on Fed, ECB promises.

The Fed has followed the ECB with a "no limits" pledge on market intervention but evidence suggests their efforts haven't hit their most important target.

Talk for fourth European bailout intensifies as Euro Area finance ministers prepare for two-day meeting in Nicosia.

Greece's Finance Ministry denies need for new bailout after Thanos Catsambas tells Wall Street Journal that Troika demands are "totally unrealistic".

Planned $45bn tie-up would create global aerospace and defence giant but raise significant anti-trust and security concerns.

Retailer posts 60 percent rise in first half profits as department store and Waitrose units defy retail gloom

European shares touched a 14-month high and the euro traded at its strongest level against the US dollar since May after the German Constitutional Court approved taxpayer participation in the European Union's permanent bailout fund.

EU unveils plans to regulate financial sector in headline-filled session for European investors.

The clamour over the European Central Bank's bond buying tactics seems misplaced when you examine its history and place in the European project.

Slow sales and a bleak outlook force Britain's biggest luxury goods marker to trim full-years earnings forecast

Bundesverfassungsgericht rejects 11th-hour bid to delay decision on Germany's role in the European Union's permanent bailout fund

Germany's top judge could delay ruling on funding for the permanent bailout fund, throwing ECB bond buying plans into question.