For the first time since 2011, the Spanish unemployment rate fell. Spain's unemployment rate dropped for the first time in two years. From a high of 27.
Industry
U.S. Government battles insider trading to level investment playing field
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Obama, likely to postpone Federal Reserve Chairman appointment until fall
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
No more physical commodities for JPMorgan
JPMorgan announced that it will no longer be trading in physical commodities. JPMorgan Chase & Co announced that it will no longer be trading in physical commodities.
History offers no support for Detroit; scarce with happy endings for municipal bankruptcy filings
Local governments that filed for Chapter 9 did not exactly have happy endings. Detroit officials may be hopeful that their Chapter 9 bankruptcy filing will ultimately strengthen their economy, but history has shown otherwise.
Latest News
President Francois Hollande to face challenges in reform programs for France's pension system. French President Francois Hollande may manage a lightweight reform regarding the country's indebted pension system.
After a sleepy first half this year, capital goods spending arose last month, bolstering hopes of faster economic growth.
Swiss banking giant UBS settled with the US Federal Housing Finance Agency to pay USD 885 million to Fannie Mae and Freddie Mac.
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
William Hague said that he is calling for a reform in the European Union competences. UK foreign secretary, William Hague, called for a reform to decentralize power in the European Union for the benefit of all of its members, not just Britain.
Fiscal plans for the United States and Japan escaped mention during the recent 2-day meeting of G20 central bank governors and finance ministers.
New Anglo American boss, Mark Cutifani, outlines an aggressive cost-cutting plan to reverse the mining company's poor performance.
The Namibian Competition Commission has successfully handled 221 mergers and acquisitions from its inception in 2009.
Private equity financing can help solve the lack of growth of small and medium-sized enterprises in Rwanda.
