Global Economy
Firms Still Reluctant To Make Acquisitions: E&Y Executives Survey
Companies around the world are still reluctant to go on the acquisition trail even though they are becoming more confident about the global economy, a survey found Monday. In its half-yearly ...Era Of Austerity Has Run Its Course, EU Says
France and Spain fell short of their budget deficit goals last year and debt levels swelled across the euro zone, but the pressure may be easing on Paris and Madrid as the European Commission signals ...Analysis: Economic Rescue Plans In Doubt After Years Of Weak Growth
More than three years after the end of the global recession, sluggish activity across rich and poor economies is confounding policymakers who expected more by now and raising concerns that options ...
World To Get Fewer New Wind Turbines In 2013
The world will see a sharp drop in the number of new wind turbines installed this year after record growth in 2012, a report by the Global Wind Energy Council (GWEC) said. It predicted a strong ...
Lean Times Drive Fiat’s Maserati To Test Drive Reinvented Ghibli
In these lean economic times, even supercar makers are reaching down-market—which for Maserati means a price tag below 100,000 euros ($131,000). The Italian company owned by Fiat is reinventing its ...
Brazil To See Weaker Growth: IMF
Brazil and other Latin American countries need to realize their economic boom could be over because of cooler global demand for their minerals and farm goods, International Monetary Fund officials ...China Moves to Curb Money Laundering; Banks Must Rate ‘Dirty’ Clients
Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of ...
Momentum Building for Letting Japan Join Trans-Pacific Trade Talks
Eleven countries negotiating a proposed free trade agreement in the Asia-Pacific appear to be on the verge of formally inviting Japan into the talks, diplomatic and industry sources said on Thursday. ...