Search Results for: German
IMF Managing Director Christine Lagarde Welcomes U.S. Congressional Approval of the 2010 Quota and Governance Reforms
December 21st, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today welcomed the adoption of legislation by the U.S. Congress to authorize the 2010 Quota and Governance Reforms. “The United States Congress approval of these reforms is a ...
Cameron Claims Momentum as EU Offers Compromise on U.K. Demands
December 18th, 2015
Prime Minister David Cameron said his bid to change Britain’s relationship with the European Union is gathering momentum after fellow leaders signaled they are willing to find compromises on his demand for curbs on welfare. Rather than the fight ...
IMF head Lagarde to face French trial over Tapie affair
December 18th, 2015
Christine Lagarde accused of negligence over €400m payout to businessman Bernard Tapie, who supported Nicolas Sarkozy in 2007 presidential race. Christine Lagarde, managing director of the International Monetary Fund, is tostand trial in France over a multimillion-euro government payment to ...
Asian markets trade mixed; Japan shares spike on BOJ
December 18th, 2015
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...
Merkel’s Refugee Mini-Summit Threatens EU Split
December 17th, 2015
German Chancellor Angela Merkel Thursday attended an EU mini-summit on the sidelines of the main European Council meeting of all 28 member states in a move seen by many as a sign of further divisions in Europe. Merkel is ...
European Parliament set to hold inquiry into VW emissions scandal
December 17th, 2015
The European Parliament plans to set up a committee to investigate Volkswagen‘s (VOWG_p.DE) emissions scandal and whether regulatory oversight of the car industry was too lax. Members of the European Parliament will vote on the issue around midday on ...
Global stocks, dollar climb as Fed lifts off
December 17th, 2015
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. ...
Shares climb, dollar dips as Fed prepares to lift rates
December 16th, 2015
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost a decade. After more than a year of posturing and ...
With change of tone, EU warms to Turkey, Serbia membership bids
December 15th, 2015
The European Union revived Turkey’s membership bid on Monday and opened accession talks with Serbia, showing how a migration crisis and Russia’s presence in the Balkans has prompted the EU to rethink plans to stop expanding. More than a ...
IBM Opens Watson IoT Global Headquarters, Extends Power of Cognitive Computing to a Connected World
December 15th, 2015
IBM (NYSE:IBM) today announced the opening of its global headquarters for Watson Internet of Things (IoT), launching a series of new offerings, capabilities and ecosystem partners designed to extend the power of cognitive computing to the billions of connected devices, sensors and systems ...