Economy & Finance

The perils of overseas tax disclosure: An immigrant’s story

Published 28/01/2013

NEW YORK (Reuters) - When Andrew Winfield applied to become a U.S. citizen in 2011, he realized he owed taxes on accounts he had left [more…]

Italy’s Monte Paschi finds no evidence of takeover bribes

Published 28/01/2013

MILAN (Reuters) - Italy's troubled Monte dei Paschi bank said on Monday it had no evidence of bribery in a 2007 takeover now under scrutiny [more…]

Netflix wins back Wall Street, shares jump 42 percent

Published 28/01/2013

LOS ANGELES/NEW YORK (Reuters) - Netflix Inc impressed Wall Street with a surprisingly strong holiday quarter that eased near-term concerns about its costly international expansion [more…]

EU, U.S. on verge of “difficult” free-trade negotiations

Published 27/01/2013

SANTIAGO (Reuters) - The United States and the European Union are wrapping up final preparations for talks on a free-trade agreement that would encompass half [more…]

Mercosur to unblock talks, EU trade chief sees U.S. negotiations

Published 26/01/2013

SANTIAGO (Reuters) - The European Union and the South American bloc Mercosur will exchange offers on opening up their markets by the end of this [more…]

Exclusive: ECB rejects Irish bid on promissory note – sources

Published 26/01/2013

(Reuters) - The European Central Bank has rejected Ireland's preferred solution to a dispute over the cost of servicing money borrowed to rescue a failed [more…]

Global shares, euro rise as economic outlook brightens

Published 25/01/2013

NEW YORK (Reuters) - The euro hit an 11-month high and global equity markets advanced on Friday on signs of a healthier European financial system [more…]

Grey mouse denies secret dealings in Austria scandal

Published 25/01/2013

SALZBURG, Austria (Reuters) - An Austrian provincial official accused of secret financial dealings more typical of hedge funds went public on Friday, saying her bosses [more…]

Friends and fundraising: How to tap social networks

Published 25/01/2013

NEW YORK (Reuters) - When Doug Haslam gets on his bike, it's for personal as well as philanthropic reasons. Of course, the 44-year-old social media [more…]

When Wall Street meets antitrust enforcers

Published 25/01/2013

NEW YORK (Reuters) - Antitrust enforcers are increasingly scrutinizing the world's major banks. The U.S. government's investigation into a scheme to rig bids for investment [more…]