International
European Central Bank Cuts Main Interest Rate
The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB ...
EU Weighs Trade Action to Improve Safety After Bangladesh Factory Tragedy
The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, in order to pressure Dhaka to improve safety standards after a ...
U.S. Pragmatic Approach Leads U.N. Climate Talks: Wynn
A U.S. submission to U.N.-backed negotiations shows how a scaled-down global climate deal that falls short of a full treaty can be agreed in 2015. Much will depend on the United States, as the ...
Eurozone Sees Light at End of Tunnel, Also More Rough Stops Ahead
There are no calls for celebration, no desire to relax in the corridors of Brussels but some officials believe the euro zone has turned a corner, sharpening the focus on longer-term reforms and ...
Retailers to Compensate Victims of Bangladesh Factory Disaster
Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country's worst ...
Analysis: Angst Over European Union ‘Treaty Change’
If there are two words that tense the jaws of European policymakers and prompt a concerned sucking of teeth, they are treaty change. Like a nervous driver being told mid-route that he needs a ...
Global Re, Excess WC Discipline Lagging: ACE’s Greenberg, WRB’s Rob Berkley
There are now clear signs that the low interest rate environment is forcing underwriting discipline in the casualty market, carrier executives said during earnings calls last week, but one glaring ...
Chastened Banks Cuts Tens Of Thousands Of Jobs
Banks aren't the big jobs machines they used to be. One after another, major financial firms are trimming their payrolls. In first-quarter earnings announcements this month, Bank of America, ...