Edition:
United Kingdom

G20

EU optimistic Basel bank capital deal can be reached in January

Photo

LONDON The European Union is confident that a deal on how much capital banks must hold to avoid a repeat of the financial crisis can be reached in January, a top official said, as policymakers and global banking regulators iron out their remaining differences.

Exclusive - How Putin, Khamenei and Saudi prince got OPEC deal done

VIENNA Russian President Vladmir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel's first deal with non-OPEC Russia in 15 years. | Video

Business, Middle East 01 Dec 2016

Germany's Merkel says will work with Trump on climate policy

BERLIN Germany's Angela Merkel said on Wednesday she would try to work on climate policy with U.S. President-elect Donald Trump, who has said he may pull out of a landmark international accord to fight global warming.

World, 30 Nov 2016

German Finance Minister Schaeuble urges G20 to tighten cooperation

BERLIN German Finance Minister Wolfgang Schaeuble called on the G20 leading economies on Wednesday to counter economic crises with closer cooperation.

Business, 30 Nov 2016

Germany braces for rough ride at G20 helm with Trump on board

BERLIN Germany takes over the presidency of the G20 leading economies on Thursday, a platform Chancellor Angela Merkel wants to use to safeguard multilateral cooperation under threat following Donald Trump's U.S. election victory.

World, 29 Nov 2016

Germany's Merkel says G20 must tackle global steel glut

BERLIN The G20 group of leading economies must find a solution to excess capacity in the global steel industry, German Chancellor Angela Merkel said on Saturday, adding that overproduction in some countries was causing job losses elsewhere.

Business, 26 Nov 2016

Schaeuble to push G20 for structural reforms to prevent crisis

BERLIN Germany will push for reforms to make the world's biggest economies more competitive and protect against future crises when it takes the helm of the G20, Finance Minister Wolfgang Schaeuble said on Friday, dimming hopes of fiscal stimulus to boost growth.

Business, 25 Nov 2016

Chancellor Hammond delivers Autumn Statement on budget policy

LONDON Chancellor Philip Hammond delivered his first statement on budget policy since taking office in July following Britain's vote to leave the European Union.

Business, UK, Money Home, Money, 23 Nov 2016

Defending liberalism, Merkel sets out as West's standard bearer

BERLIN Chancellor Angela Merkel defended democratic values and multilateral cooperation on Wednesday, in her first major speech since announcing she will seek a fourth term, but insisted Germany "can't solve all problems" in the world.

World, 23 Nov 2016

Citi and JPMorgan top list of globally systemic banks

LONDON Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial stability.

Business, 21 Nov 2016

Infographic

Photo

Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive