IMF's Lagarde rules out special treatment for Greece

(Reuters) - Greece must respect the euro zone's rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine Lagarde said in a newspaper interview on Monday.

IMF's Lagarde says euro zone exit would be 'devastating' for Greece

(Reuters) - An exit by Greece from the euro area would be devastating for the country, the head of the International Monetary Fund Christine Lagarde said on Tuesday.

ALEXANDER MIRTCHEV DISCUSSES THE EVOLVEMENT OF THE ECONOMIC AND FINANCIAL CRISIS IN EMERGING MARKETS AND THE STRATEGIC OPTIONS FOR THE MULTI-NATIONALS WITH VOICE OF AMERICA

In an interview with Voice of America television, Dr. Alexander Mirtchev (Александр Мирчев), an economic policy expert and president of Krull Corporation, shed light on the strategic options that multi-national companies have in some rapidly emerging markets during the economic crisis and beyond.

Ed Miliband: Cameron’s wage call is desperate bid to hide living cost failure

Ed Miliband has poured scorn on the prime minister’s calls for wage rises by condemning the Tories for waiting until the general election year to address “the worst cost of living crisis in more than a century”.

Bank of America fourth-quarter profit hurt by low interest rates

(Reuters) - Bank of America Corp (BAC.N), the second largest U.S. bank by assets, reported a 14 percent fall in quarterly profit as a decline in bond yields further crimped earnings.

China's challenge is to learn to live with 7% growth rate: World Bank

WASHINGTON: Accustomed to a sustained high growth rate for over 30 years, a major challenge faced by China is to learn to live with a growth rate of around 7 per cent, the World Bank has said on the world's second largest economy.

World Bank expects Russia's economy to contract by -2.9 per cent in 2015

MOSCOW: The World Bank expects Russia's economy to contract by 2.9 per cent in 2015, it said in a report on global economic growth on Wednesday, cutting its forecast from December when it expected a 0.7 per cent contraction.

Middle East and Asia boost investment in top level sports

(Reuters) - A new report has highlighted the growing reach and depth of Asian and Middle-Eastern investment in top-level sports around the world with no sign of any slowdown.

China central bank to maintain 'prudent' monetary policy in 2015

(Reuters) - The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.

Fed's Williams: Interest rate hikes after liftoff should be gradual

(Reuters) - A top Federal Reserve policymaker said on Monday that the pace of interest-rate hikes after an initial liftoff should be gradual to preserve flexibility and to help a U.S. economy that still may need stimulus.