Dollar breaks out to 11-month highs, eyes on Fed
The dollar jumped on Wednesday to its highest levels against the euro and a basket of major currencies since last September, returning to gains after a shaky start to August that called into question its broader strength.
Aug 20, 2014 3:36 PM EDT
Russian watchdog shuts four McDonald's restaurants in Moscow
Russia ordered the temporary closure of four McDonald's restaurants in Moscow on Wednesday, a decision it said was over sanitary violations but which comes against a backdrop of worsening U.S.-Russian ties over Ukraine.
China antitrust regulator fines two Japan auto parts makers
Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector.
UK inflation falls more than expected; 2014 rate rise less likely
British inflation fell more than expected in July and surging house price growth slowed in June, making it less likely the Bank of England will raise interest rates this year.
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Lehman's London staff win $300 million pensions fight
More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.
Aug 19, 2014 2:59 PM EDT
Heinz recalls four batches of infant food in China
Ketchup maker H.J. Heinz Co has recalled some infant food in eastern China after it was found to contain lead in excess of the allowable limit, the company said on Monday.
Aug 19, 2014 2:57 PM EDT
Banks to return 2.86 billion euros in crisis loans to ECB next week
Banks will return 2.861 billion euros ($3.83 billion) in long-term loans to the European Central Bank next week after the ECB started to charge for holding banks' excess cash overnight and promised more long-term loans.
Aug 15, 2014 3:58 PM EDT
End of the Wirtschaftswunder? Germany's sudden slowdown
The German soccer team's romp to victory in last month's World Cup was hailed at home as a symbol of the country's emergence as a confident global economic power.
Aug 15, 2014 3:55 PM EDT
Holders of Argentina eurobonds plan to appeal U.S. court ruling
Holders of euro-denominated Argentine bonds plan to appeal a U.S. judge's ruling blocking the country from making payments on their debt, according to a court filing on Friday.
Aug 15, 2014 3:11 PM EDT
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