France to pursue reforms after downgrade

France’s prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a blow with repercussions across […]

Draghi Says Crisis Strategy Is Working as ECB Fights Threat From Turmoil - Bloomberg

European Central Bank President Mario Draghi says his strategy for battling Europe

Germany on Brink of Recession as Euro Debt Crisis Damps Exports: Economy - Bloomberg

Germany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.
Europe

French Business Confidence Climbs From Low - Bloomberg

French business confidence climbed from a two-year low last month and industrial output increased in November, indicating the euro-region

U.S. Economy Brightens as Data Belie Gloomy Investors - Bloomberg

The U.S. economy is beginning 2012 on a brighter note in a sign investors may be too pessimistic.
Payrolls rose 200,000 in December, double the […]

Retailers pay for holiday deals as profit forecasts slip

Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever — especially stores that cater to middle-income […]

Pay Jumps 25% for Brazilian Investment Bankers - Bloomberg

Brazilian investment bankers defecting to competitors won pay increases of as much as 25 percent in 2011 amid a shortage of experienced executives in Latin […]

Philippines Sees Speedier Offerings of Public Projects After Goals Missed - Bloomberg

The Philippines pledged to speed up a proposed offering of infrastructure projects to investors as President Benigno Aquino seeks investments to shield the economy from […]

Cameron Pledges Action to Tackle Excessive Pay in U.K. Financial Services - Bloomberg

U.K. Prime Minister David Cameron pledged more action to deal with