Greek coalition leaders failed to reach a deal on austerity cuts early Thursday but Prime Minister Lucas Papademos remained hopeful of an agreement before Eurozone finance ministers meet later in day.

China's Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to 'buy Europe', amid concerns over growing Chinese investment in debt-stricken eurozone economies.

The euro edged back from six week highs and global stocks were lower on Monday as investors turned cautious after U.S. growth figures on Friday that fell just short of expectations and ahead of more c

State Bank of India, the country's biggest lender, said it could revive international fundraising plans in 3-4 months, in a sign it believed the euro zone crisis might be easing.

The bank, which is i

Rating agency Fitch cut its ratings of five eurozone countries including Italy and Spain and lowered its outlook on Ireland, citing their poor finances and vulnerability to sharp turns in market senti

Eurozone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditor

European debt crisis and slower growth in developed markets could affect the growth of the Indian IT industry, a top Infosys official said Thursday.

"The global economy, driven by slower growth in de

The eurozone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance.

The coming months will be decisive in determining

The rupee will remain under pressure until the euro zone debt problem is resolved, Finance Minister Pranab Mukherjee said on Saturday.

The partially convertible rupee was the worst performer among As

German Chancellor Angela Merkel hosts French President Nicolas Sarkozy on Monday, kicking off a week of high-level talks to lay the groundwork for a crunch EU summit on taming the eurozone crisis.

Th