The Federal Reserve's vow to keep interest rates near zero for a "considerable time" is likely to remain in place for now, with the U.S. central bank set to take a slow and steady approach to its first rate rise in a decade.The pledge will be up for debate again when policymakers meet next week, with a strong jobs report bolstering the case of officials who want to remove it.
Government
Congress reaches deal for $1.1 trillion U.S. spending bill
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February.
RBI finds falling inflation a hard sell for Indian consumers
Waiting for the right moment to cut interest rates, India's central bank faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low of 4.5 percent last month.
UK 'Google tax' will target inter-company payments
A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.
New Luxembourg leaks reveal Disney, Koch Industries tax deals
Tax deals that entertainment firm Walt Disney Co, commodities group Koch Industries and others agreed with the Luxembourg authorities were revealed on Tuesday by the International Consortium of Investigative Journalists (ICIJ).
Latest News
The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated by Europe's malaise.
Germany praised French and Italian reform efforts on Monday and said it ought to do more itself, striking a conciliatory note after Chancellor Angel Merkel's critique of Paris and Rome over the weekend irritated both countries.
European stocks and government bonds dipped on Monday as weak data from Asia, a rating downgrade for Italy and the slump in oil prices stoked concerns about global growth.
From his office on the 41st floor of the gleaming new European Central Bank headquarters, Mario Draghi's view stretches far beyond Frankfurt's high-rise financial center and he doesn't like what he sees.
An International Monetary Fund mission will visit Kiev from Dec. 9 to 18 for talks with the new government regarding a $17 billion bailout program, the IMF's Ukraine representative Jerome Vacher said on Saturday.
Senator John McCain said a more than 90-year-old law that requires ships servicing coastal businesses to be built and mostly staffed by U.S. crews will be repealed sooner or later if lawmakers keep fighting the trade restriction.
President Enrique Pena Nieto on Friday presented a bill to Mexico's lower house that represents the first step towards a possible increase in the country's low minimum wage.
Sony Corp is likely to cut average pay next year in a rare move for a big Japanese company, and one that goes against Prime Minister Shinzo Abe's push for higher wages to get the economy moving.
President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.
