LONDON - About half of the European Union's trillion euro money market funds would have to set aside a chunk of cash under a proposed EU reform to make a run on a fund in rocky markets less likely.
LONDON, May 23 - About half of the European Union's trillion euro money market funds would have to set aside a chunk of cash under a proposed EU reform to make a run on a fund in rocky markets less likely.
BRUSSELS - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. | Video
* EU regulatory chief wants country-by-country tax reporting
MEXICO CITY - Mixed signals from the U.S. economy are clouding the growth outlook for Mexico and it needs to be ready for the shocks that could accompany a possible withdrawal of U.S. monetary stimulus, Finance Minister Luis Videgaray said on Wednesday.
MEXICO CITY - Mixed signals from the United States are the biggest hurdle facing Mexico's economy, Finance Minister Luis Videgaray said on Wednesday, adding that it is still unclear if he will need to cut public spending amid a slowdown.
BRUSSELS - Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful.
* EU losing up to 1 trillion euros a year to tax evasion, avoidance
VATICAN CITY - German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called for stronger regulation of financial markets. | Video
* Francis recently issued strong call for financial reform