Europe’s benchmark index passed the 1,000-point mark on Monday as investors reacted positively to assurances on economic stimulus measures from the weekend’s G20 finance ministers’ meeting. The FTSE Eurofirst 300 rose 1.8 per cent to 1,009.87, its h
ST. ANDREWS, Scotland - Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate cha
ST ANDREWS, Scotland - Prime Minister Gordon Brown called on the G20 here on Saturday to consider a tax on global financial transactions but the proposal looked doomed amid US opposition. Brown told G20 finance ministers meeting in Scotland that a
G20 countries committed to work towards an ambitious outcome at next month's vital UN climate change conference after meeting on Saturday, but fell short of agreeing a figure on climate funding. Finance ministers from leading developed and emergin
The G20 is committed to an ambitious outcome at December's UN climate change summit in Copenhagen, it said in a communique after talks Saturday, but did not agree a figure for climate finance. We committed to take action to tackle the threat of c
ST ANDREWS, Scotland (Reuters) - Britain threw its weight on Saturday behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change. A draft end-
ST ANDREWS, Scotland, Nov 7 - British finance minister Alistair Darling urged his G20 counterparts on Saturday to work toward a $100bn deal on tackling climate change as developing nations held firm they did not want to talk about it. Mr Darling is
Hosts Britain urged G20 finance ministers to put aside their differences and strike a deal on climate funding on Saturday despite fading hopes for an accord at key UN talks next month. As ministers and central bankers also debated how best to firm u
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