Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves its tax base to Britain after it completes ...

MEXICO CITY, May 22 (Reuters) - Foreign direct investment in Mexico rose to a six-year high in the first quarter on steep flows from the United States and strong interest in the manufacturing sector, according ...

German ministers signed agreements with Portugal and Spain this week designed to get young people into jobs, but critics say the measures fall short.

The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the end of the year. German Chancellor Angela Merkel hailed ...

ROME/MILAN, May 22 (Reuters) - Milan prosecutors are investigating the chairman of Italian steel group Riva for tax evasion and police have seized 1.2 billion euros of cash from a tax haven, judicial sources ...

U.S. rejection of TransCanada Corp.’s Keystone XL pipeline would be a “significant irritant” to the relationship between Canada and its biggest trading partner, said Canadian Trade Minister Ed Fast.

NEW YORK (MarketWatch) -- A man was killed Wednesday after being attacked by machete-wielding assailants in broad daylight near an army barracks in southeast London, news reports said. British Prime Minister ...

WASHINGTON, May 22 (Reuters) - The European Central Bank must be careful that deleveraging by euro zone banks does not affect the economy such that inflation drops too low, ECB Executive Board member Peter ...

NBC's Michelle Kosinski reports on what could be a terror attack in London.

RECOVERY PUSH: The International Monetary Fund called on Britain to do more to stimulate economic activity, urging a speed up in infrastructure investment that could create jobs. AUSTERITY: In a review ...

SIGNS OF LIFE: Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home. NO CHANGE: The Bank of Japan ended ...

VIENNA, May 22 (Reuters) - The chief executive of Austria's Raiffeisen Bank International used letterbox firms in the British Virgin Islands and Hong Kong for property deals that he did not report to his ...

* Vatican Financial Intelligence Authority issues first report * Says will have more power over scandal-plagued Vatican bank * Regulatory and reporting procedures working, FIA head says By Philip Pullella ...

ATHENS, May 22 (Reuters) - Shares in Greece's largest lender National Bank (NBG) will trade without rights to buy into its 9.75 billion euro share issue from May 24, the Athens stock exchange said on Wednesday ...

MOSCOW (Reuters) - The sovereign wealth funds of Qatar, Norway and Azerbaijan and China Construction Bank (601939.SS: Quote , Profile , Research , Stock Buzz ) have bought about 55 percent of the new shares ...

Nigeria’s Movement for the Emancipation of the Niger Delta said it has suspended plans to bomb mosques and kill Muslim clerics after heeding appeals from religious groups and prominent citizens including ...

* Israel eyes possible knock-on wars with Hezbollah, Iran * Fears "strategic looting" of Syria's advanced weaponry * Worried by Russian-supplied air defences such as S-300 (Adds comments by Israeli ...

Britain and Denmark proposed Wednesday to give hundreds of Afghan interpreters who worked alongside their troops the right to settle in the U.K. and Denmark in recognition of the risks they face if they ...

A company owned by the Chinese government is building schools in South Carolina and fixing bridges in NY State. Still, China Construction of America, wants to be seen as an American company, reports CNBC's ...

GENEVA/LONDON, May 22 (Reuters) - The UK and French governments are set to join a global initiative that will require oil and mining firms to comply with new disclosure measures aimed at reducing corruption, ...

* Europe looking at how to exploit its shale gas reserves * EU gas prices around four times higher than in the U.S. * EU also debates single energy market, efficiency By Barbara Lewis and Peter Griffiths ...

* Talks between government, opposition to end unrest * Protests continue after Gulf state rocked in 2011 * Wefaq decries slow progress, raid on cleric's home DUBAI, May 22 (Reuters) - Bahrain's main opposition ...

Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink ...

Ireland's finance minister said on Wednesday the country did not want to become the 'whipping boy' for what he called a flawed U.S. Senate report into the level of corporate tax Apple Inc pays in Ireland. ...

SNS Reaal NV investors wiped out by the Dutch lender’s nationalization said the Dutch central bank acted unlawfully when it demanded an immediate 1.8 billion-euro ($2.4 billion) capital increase in January....

* Tanzania has become a hot spot for gas exploration * Residents want greater share of gas development By Fumbuka Ng'wanakilala DODOMA, May 22 (Reuters) - Residents of a gas-rich region of Tanzania rioted ...

The European Central Bank could expand its monetary policy toolkit if needed to respond to threats to price stability, and must ensure the euro zone economy does not enter a downward spiral, ECB Executive ...

Shares of some top railroad companies are mixed at 1 p.m.: CSX rose $.13 or .5 percent, to $26.27. Canadian National Railway Co. rose $.32 or .3 percent, to $103.36. Canadian Pacific Railway Ltd. rose ...

BOON FOR JAPAN INC.: A steady fall in the value of the yen is proving a godsend for Japan's exporters, such as Toyota. The cheaper yen — it slipped below 100 to the U.S. dollar this month — is making their ...

State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its ...

* FTSEurofirst 300 index closes 0.2 pct higher * Cyclical shares in demand; banks, miners gain * Technicals positive despite "overbought" levels By Atul Prakash LONDON, May 22 (Reuters) - European ...

* Carmaker reaches deal for third shift in Piracicaba * HB20 subcompact boosts Hyundai to fifth in Brazil SAO PAULO, May 22 (Reuters) - South Korean automaker Hyundai Motor Co and workers in Brazil have ...

The European Union will tighten its rules on bailouts for banks, setting out tougher requirements for creditors to face losses if public money is used, according to two people familiar with the matter....

Qatar Petroleum International agreed to purchase a stake in Total SA’s Congo operations, its first investment in an overseas offshore oil field, amid a slowdown in energy spending at home.

Canadian stocks rose a fourth day as industrial shares rallied and gold producers advanced amid comments from U.S. Federal Reserve Chairman Ben S. Bernanke.

Some are hailing it as a victory of sorts for the U.K. government and Chancellor of the Exchequer George Osborne, but the International Monetary Fund's "softer" criticism of austerity measures ...

The International Monetary Fund said that recent economic data were “encouraging” but did not point to a sustainable recovery in the near term.

Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing ...

MOSCOW, May 22 (Reuters) - The sovereign wealth funds of Qatar, Norway and Azerbaijan and China's Construction Bank have bought about 55 percent of the new shares issued by Russia's second-largest lender ...

MILAN, May 22 (Reuters) - The Italian government is committed to safeguarding jobs and the security of Telecom Italia's fixed-line phone network, Industry Minister Flavio Zanonato said on Wednesday. The ...

LIMA, May 22 (Reuters) - Peru's economy recovered and likely grew about 7 percent or more in April from the same period a year ago, Central Bank President Julio Velarde said on Wednesday. The pace of growth ...

LONDON, May 22 (Reuters) - Turkish sovereign dollar- and euro-denominated bonds will join a group of Barclays global indices on June 1, following Moody's decision last week to award the country its second ...

TORONTO, May 22 (Reuters) - Canada's main stock index rose more than 1 percent on Wednesday, led by gains across all major sectors, as investors cheered comments from U.S. Federal Reserve chairman Ben ...

Mexico based equities have been punished for most of the month of May, with the largest ETF in the category, EWW (iShares Mexico, Expense Ratio 0.52%) finally taking a breather today on its 200 day MA ...

U.K. stocks extend gains to close at a 13-year high on Wednesday, finding support in comments from the International Monetary Fund calling for more growth in the country.

* Deficit seen at 0.6 pct of GDP in 2014, 0.7 pct in 2015 * Putin promised balanced budget by 2015 * Finance Ministry says spending will remain constrained By Maya Dyakina MOSCOW, May 22 (Reuters) - Russia ...

VIENNA, May 22 (Reuters) - India's Srei Infrastructure Finance Ltd is poised to buy the domestic banking unit of nationalised Austrian lender Hypo Alpe Adria for 65.5 million euros ($84 million), the newspaper ...

(Recasts lead, adds police chief comments) DUBAI, May 22 (Reuters) - Dubai contractor Arabtec said on Wednesday a four-day strike by foreign workers seeking higher pay was over and the emirate's police ...