Chancellor Angela Merkel faces a gathering storm in her coalition over Germany’s share of euro- area rescues, threatening to undermine her ability to make concessions on additional help for Greece.
BusinessWeek.com — Finance
Chancellor Angela Merkel faces a gathering storm in her coalition over Germany’s share of euro- area rescues, threatening to undermine her ability to make concessions on additional help for Greece.
BusinessWeek.com — Finance
Citigroup Inc., the third-largest U.S. bank, reorganized its investment banking operation after the division suffered through slumping revenue and a series of personnel changes last year.
BusinessWeek.com — Finance
The U.K. economy slowed more than initially estimated in the third quarter as the outlook for growth and inflation continued to split policy makers at the Bank of England.
BusinessWeek.com — Finance
China can’t raise interest rates because of the risk of attracting inflows of cash that would fuel inflation, said Wu Xiaoling, a former deputy governor of the central bank.
BusinessWeek.com — Finance