Leading economists from France and Germany on Wednesday called for new fiscal rules for the eurozone and the creation of an independent watchdog to help to make the single currency more resilient against crises in the future.

Bitcoin, the best known of hundreds of 'virtual' coins, slumped Tuesday to a six-week low below $12,000 as analysts blamed a rush by various jurisdictions to regulate the sector.

The British government on Tuesday defended its decision not to bail out imploding construction-to-catering group Carillion, as criticism grew of its handling of the giant firm's demise.

General Motors announced Tuesday it will take a $7 billion hit due to the U.S. tax reform but expects earnings this year to be comparable to the solid results in 2017.

Norway's $1 trillion sovereign wealth fund, the world's largest, has excluded nine groups, including the UK's military equipment maker BAE Systems, from its portfolio based on ethical grounds, the Norwegian central bank said on Tuesday. 

Airbus said Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.

Even with President Donald Trump continuing to waive nuclear sanctions, Iran's economy remains hobbled by U.S. restrictions but some diplomats in Tehran remain quietly confident for the future. 

Canada would welcome an extension of continental trade negotiations beyond a current March deadline, Foreign Minister Chrystia Freeland said Friday in response to the proposal by U.S. President Donald Trump.

The European single currency surged Friday to a three-year peak against the dollar as German Chancellor Angela Merkel moved closer to a new coalition government, dealers said.

China's trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war.