Silvio Berlusconi

The euro held on to gains against the dollar on Thursday morning after a string of positive data this week and last helped boost morale in the 17 nation bloc. The common currency traded at $1.3301 at 7:29 GMT on Thursday morning. As the threat of military action in Syria eased, investors returned...

The euro traded steadily on Monday morning as the Federal Reserve's tapering schedule and the threat of military action in Syria kept investors on edge. The euro was trading at $1.3175 at 6:45 GMT after last week's string of positive data helped boost the currency. This week, data from the 17...

Just days after the announcement that Tokyo would host the 2020 Olympic games, the nation’s revised second quarter GDP came in higher than expected and added to Japan’s momentum. Revised Japanese GDP showed an annualized growth of 3.8 percent, rather than the preliminary estimate of 2.6...

With the tension between the US and Syria on the rise, investors are pulling their money out of riskier assets and looking for safe havens. The dollar, yen and franc have all gained from recent talk of military strikes in Syria, but the euro has lost ground, trading at $1.32. The Wall Street...

The euro traded steadily at $1.33 on Tuesday as politics in the 17 currency bloc became the main focus. In Germany, September 22 elections will determine whether or not current Chancellor Angela Merkel and her coalition will return to power, while Italy is facing more political uncertainty as the...

The euro traded just below $1.33 on Monday morning after promising economic data showed a glimmer of hope that the region was on its way out of its longest ever recession. For the first time since January of 2012 the bloc produced a PMI score above the 50 point threshold that indicates growth....

Greece's government is failing to make the cuts to get its next bailout payment. A key Italian politician faces jail time for having sex with and refusing to pay an underage prostitute. Portugal's government is on the verge of collapsing, risking the sustainability of its bailout reforms. And...

That's right. Over the weekend, bitter rival of Manchester United (NYSE: MANU), Chelsea Football Club, just announced a massive new merchandising deal which could mean a significant boost to revenue for the Manchester club as it looks to renegotiate its own contract. Contract Negotiation...

Remember the days when only the most sophisticated of investors knew about the eurozone? Americans with more of a world view knew that it was a collection of countries in Europe but beyond that, there was very little to talk about. As the contagion from U.S. markets during the recession reached...

The euro traded steadily below $1.29 on Tuesday morning as investors took comfort in successful bond auctions throughout the eurozone and positive reassurance about Italy's new coalition government. The common currency traded at $1.2886 at 6:37 GMT on Tuesday. Despite the region's longest...

More than two months after the much contested Italian parliamentary elections, President Giorgio Napolitano appointed Enrico Letta of the center-left party as Prime Minister with the task of forming a new government. Letta was formerly the deputy head of the center-left party and served under...

Over the last 24 hours since Italian polls have closed, election results have filtered out of the Mediterranean nation. At first glance, initial media polls showed that pro-austerity leader Pierre Luigi Bersani had a strong lead in the lower house of Parliament and could even win a majority in...

Italian elections drove Brent crude oil prices down after the results of the election confirmed fears that political instability in the third largest eurozone economy could be a stumbling block for the region's recovery. Brent traded at $113.73 at 7:00 GMT on Tuesday morning and showed further...

Futures Rise After Losses, Italian Elections U.S. equity futures gained in the pre-market after massive losses Monday following the turmoil over the Italian elections. It appears as though no majority will be formed and that Italians will need to go back to the polls to try to elect a majority...

The first media polls released showing initial results of the Italian election show that the centrist, pro-austerity party led by Pierre Luigi Bersani holds a slight lead over opposition parties. According to Sky News Italia, the results are as follows: Bersani Coalition: 34.5 percent....