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- India-born Suma Chakrabarti to head European development bankIndia-born Suma Chakrabarti will succeed Germany's Thomas Mirow as the President of the European Bank for Reconstruction and Development.
- Koehler signs euro zone rescue package into lawGermany's participation in a historic 750 billion-euro (nearly one trillion dollars) rescue package for the financially-troubled euro zone ...
- Merkel stresses determination to secure euroGerman Chancellor stressed European leaders' determination to secure the stability of the euro on Saturday, acknowledging that the eurozone...
- Eurozone releases 110 bn euro bailout package for GreeceThe heads of state and governments of the 16 eurozone nations on Friday launched a historic 110 billion-euro financial aid package to bailo...
- Deutsche Bank says it doesn't need state capitalDeutsche Bank AG's chief executive says his company, Germany's biggest bank, does not need an injection of capital under a government finan...
- Germany adopts $650 bn bank bailoutGerman parliament definitively adopted a $650 bn rescue package for the crisis-ridden financial sector after it was approved by both upper ...
- Paralympic Games begin in BeijingThe Paralympic Games opened in Beijing on Saturday with a burst of fireworks as China welcomed another chance to cement its role as a globa...
- IMF head to resign in OctoberInternational Monetary Fund managing director Rodrigo de Rato will step down in October, some six weeks after upheaval at the helm of the s...
- Finally, good news from AfricaAfrica will probably show economic growth of 6.2 percent this year, a slower spread of the HIV/AIDS virus, fewer wars and kleptocrats.
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