Spain and Germany back greater transparency and regulations to combat
world financial crises, Prime Minister Jose Luis Rodriguez Zapatero said
after talks with German Chancellor Angela Merkel.

French bank BNP Paribas revealed Thursday it had its eye on crisis-hit Societe Generale, while voices in the European Union were raised against France for vowing to ward off hostile bids.

The EU’s ex-communist member states should weather the global gloom caused by the US subprime crisis but can expect their breakneck growth rate to dip, the World Bank said in a report Thursday.

MONACO, January 31 - SRM Global Fund (”SRM”), a Cayman islands registered private investment fund, has today filed a Schedule 13D with the US Securities and Exchange Commission in relation to its investment in Countrywide Financial Corp. (”Company”). In the filing SRM indicates its intention to initiate discussions with the Company and may communicate with […]

Confidence in the eurozone economy slipped in January to its lowest
level in around two years, in the month that Cyprus and Malta joined the
single currency bloc, an EU survey showed on Thursday.

JETS.com, the award winning private jet membership company, today announced that it had been named the first ARG/US Certified Broker by Aviation Research Group, U.S., Inc. (ARG/US), the highly respected third-party safety auditor for the aviation industry. The announcement was made from the floor of the NBAA Schedulers and Dispatchers Conference currently in session at […]

TheLadders.com, the world’s leading online marketplace for $100k+ jobs, today announced the launch of its first national advertising campaign. The company has tapped Fallon Minneapolis, one of the world’s leading creative shops, as its first agency of record.
The partnership ushers in an exciting new chapter for TheLadders.com, which has experienced 100% growth each year since […]

Washington, D.C. - The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.
Financial markets remain under considerable stress, and credit has tightened further for some businesses and households. Moreover, recent information indicates a deepening of the housing contraction as well as some […]

Slovakia on Wednesday defended its future plans to cut its public deficit after the European Commission urged it to make greater efforts in the face of a possible spike in inflation.

The European Commission on Wednesday hailed the work of the outgoing
Italian government of Romano Prodi in reining in public sector debt and
urged his successor to keep to the same path.